Bastion Asset Management Inc. Purchases Shares of 27,418 Aptiv PLC $APTV

Bastion Asset Management Inc. purchased a new position in shares of Aptiv PLC (NYSE:APTV) during the 2nd quarter, Holdings Channel.com reports. The fund purchased 27,418 shares of the auto parts company’s stock, valued at approximately $1,870,000.

Other large investors also recently made changes to their positions in the company. Zions Bancorporation National Association UT bought a new stake in Aptiv during the first quarter worth $26,000. 1248 Management LLC bought a new stake in shares of Aptiv in the 1st quarter valued at about $28,000. Geneos Wealth Management Inc. lifted its stake in Aptiv by 452.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 486 shares of the auto parts company’s stock valued at $29,000 after purchasing an additional 398 shares during the last quarter. Cromwell Holdings LLC grew its holdings in Aptiv by 4,035.7% during the second quarter. Cromwell Holdings LLC now owns 579 shares of the auto parts company’s stock worth $39,000 after purchasing an additional 565 shares during the period. Finally, Eastern Bank acquired a new position in Aptiv during the first quarter worth approximately $39,000. Institutional investors and hedge funds own 94.21% of the company’s stock.

Aptiv Stock Performance

Aptiv stock opened at $82.26 on Friday. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.79 and a quick ratio of 1.26. The firm’s fifty day moving average price is $83.66 and its 200 day moving average price is $73.20. The company has a market capitalization of $17.78 billion, a price-to-earnings ratio of 65.29, a price-to-earnings-growth ratio of 0.85 and a beta of 1.58. Aptiv PLC has a 12-month low of $47.19 and a 12-month high of $88.80.

Aptiv (NYSE:APTV) last announced its earnings results on Thursday, October 30th. The auto parts company reported $2.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.81 by $0.36. Aptiv had a return on equity of 18.51% and a net margin of 1.46%.The business had revenue of $5.21 billion for the quarter, compared to analyst estimates of $5.05 billion. During the same period in the previous year, the company earned $1.83 earnings per share. The company’s revenue for the quarter was up 7.4% compared to the same quarter last year. Aptiv has set its FY 2025 guidance at 7.550-7.850 EPS. Q4 2025 guidance at 1.600-1.900 EPS. On average, research analysts forecast that Aptiv PLC will post 7.2 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have issued reports on APTV. Royal Bank Of Canada raised their price target on Aptiv from $92.00 to $101.00 and gave the company an “outperform” rating in a report on Friday, October 10th. Weiss Ratings restated a “hold (c)” rating on shares of Aptiv in a research note on Wednesday, October 8th. Daiwa Capital Markets lifted their target price on shares of Aptiv from $79.00 to $100.00 and gave the stock an “outperform” rating in a report on Wednesday, October 1st. Robert W. Baird increased their price target on shares of Aptiv from $97.00 to $105.00 and gave the company an “outperform” rating in a report on Wednesday, October 8th. Finally, Deutsche Bank Aktiengesellschaft reduced their price objective on Aptiv from $105.00 to $104.00 in a report on Friday, October 31st. Three equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $94.56.

Insider Buying and Selling at Aptiv

In related news, CAO Allan J. Brazier sold 1,000 shares of Aptiv stock in a transaction on Thursday, September 18th. The shares were sold at an average price of $85.00, for a total value of $85,000.00. Following the completion of the sale, the chief accounting officer owned 49,820 shares in the company, valued at approximately $4,234,700. The trade was a 1.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.45% of the company’s stock.

Aptiv Profile

Aptiv PLC engages in design, manufacture, and sale of vehicle components in North America, Europe, Middle East, Africa, the Asia Pacific, South America, and internationally. The company provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets. It operates through two segments, Signal and Power Solutions, and Advanced Safety and User Experience.