Atlantic Union Bankshares Corp Acquires Shares of 2,602 Aptiv PLC $APTV

Atlantic Union Bankshares Corp acquired a new stake in Aptiv PLC (NYSE:APTV) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 2,602 shares of the auto parts company’s stock, valued at approximately $178,000.

Several other large investors have also recently modified their holdings of the stock. State of Michigan Retirement System boosted its stake in Aptiv by 2.2% during the second quarter. State of Michigan Retirement System now owns 75,749 shares of the auto parts company’s stock worth $5,168,000 after buying an additional 1,600 shares during the period. Strs Ohio raised its holdings in shares of Aptiv by 9.4% in the second quarter. Strs Ohio now owns 481,211 shares of the auto parts company’s stock worth $32,828,000 after buying an additional 41,211 shares during the period. Atria Investments Inc lifted its stake in shares of Aptiv by 21.3% during the 2nd quarter. Atria Investments Inc now owns 5,286 shares of the auto parts company’s stock worth $361,000 after acquiring an additional 928 shares during the last quarter. Assetmark Inc. boosted its holdings in Aptiv by 16.1% during the 2nd quarter. Assetmark Inc. now owns 5,811 shares of the auto parts company’s stock valued at $396,000 after acquiring an additional 805 shares during the period. Finally, Keybank National Association OH grew its position in Aptiv by 3.3% in the 2nd quarter. Keybank National Association OH now owns 11,159 shares of the auto parts company’s stock valued at $761,000 after acquiring an additional 360 shares during the last quarter. Institutional investors own 94.21% of the company’s stock.

Aptiv Stock Up 1.9%

Shares of Aptiv stock opened at $83.62 on Monday. The company has a quick ratio of 1.26, a current ratio of 1.79 and a debt-to-equity ratio of 0.80. The company has a market cap of $18.07 billion, a P/E ratio of 66.36, a PEG ratio of 0.85 and a beta of 1.58. The firm’s 50 day moving average price is $83.74 and its 200-day moving average price is $73.72. Aptiv PLC has a 52-week low of $47.19 and a 52-week 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 for the quarter, beating the consensus estimate of $1.81 by $0.36. Aptiv had a net margin of 1.46% and a return on equity of 18.51%. The company had revenue of $5.21 billion during the quarter, compared to the consensus estimate of $5.05 billion. During the same period last year, the firm earned $1.83 earnings per share. Aptiv’s revenue 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, sell-side analysts predict that Aptiv PLC will post 7.2 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts have recently weighed in on the company. Bank of America lifted their target price on Aptiv from $85.00 to $95.00 and gave the stock a “buy” rating in a research report on Wednesday, September 10th. Daiwa Capital Markets lifted their price target on shares of Aptiv from $79.00 to $100.00 and gave the company an “outperform” rating in a research note on Wednesday, October 1st. Cowen reissued a “buy” rating on shares of Aptiv in a research note on Friday, October 31st. Wells Fargo & Company decreased their target price on Aptiv from $106.00 to $100.00 and set an “overweight” rating for the company in a research report on Friday, October 31st. Finally, Wall Street Zen upgraded Aptiv from a “buy” rating to a “strong-buy” rating in a report on Tuesday, September 23rd. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Aptiv presently has an average rating of “Moderate Buy” and an average price target of $94.56.

Insiders Place Their Bets

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

Aptiv Company 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.