Empowered Funds LLC Has $16.55 Million Stock Holdings in Aptiv PLC $APTV

Empowered Funds LLC grew its holdings in Aptiv PLC (NYSE:APTV) by 79.7% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 242,624 shares of the auto parts company’s stock after acquiring an additional 107,612 shares during the period. Empowered Funds LLC owned 0.11% of Aptiv worth $16,552,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Frank Rimerman Advisors LLC acquired a new position in Aptiv during the second quarter worth $290,000. Chiron Capital Management LLC bought a new stake in shares of Aptiv during the 2nd quarter worth about $259,000. LSV Asset Management boosted its stake in shares of Aptiv by 89.2% during the 2nd quarter. LSV Asset Management now owns 25,532 shares of the auto parts company’s stock worth $1,742,000 after acquiring an additional 12,035 shares in the last quarter. Raiffeisen Bank International AG increased its holdings in shares of Aptiv by 2.7% during the 2nd quarter. Raiffeisen Bank International AG now owns 113,212 shares of the auto parts company’s stock valued at $7,632,000 after acquiring an additional 2,967 shares during the last quarter. Finally, Ontario Teachers Pension Plan Board bought a new position in shares of Aptiv in the 2nd quarter valued at approximately $1,011,000. Institutional investors own 94.21% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have commented on APTV. Piper Sandler increased their price target on Aptiv from $72.00 to $87.00 and gave the company a “neutral” rating in a report on Friday, October 31st. Citigroup initiated coverage on shares of Aptiv in a research note on Friday, October 10th. They issued a “buy” rating and a $109.00 target price on the stock. Wall Street Zen raised shares of Aptiv from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, September 23rd. Morgan Stanley upped their price target on shares of Aptiv from $55.00 to $60.00 and gave the company an “underweight” rating in a report on Tuesday, August 12th. Finally, 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 research report on Friday, October 10th. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $94.79.

Insider Activity at Aptiv

In other news, CAO Allan J. Brazier sold 1,000 shares of Aptiv stock in a transaction that occurred 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 sale, the chief accounting officer owned 49,820 shares of the company’s stock, valued at approximately $4,234,700. This trade represents a 1.97% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.45% of the company’s stock.

Aptiv Stock Performance

NYSE APTV opened at $76.86 on Tuesday. The company’s fifty day moving average is $83.79 and its two-hundred day moving average is $74.74. Aptiv PLC has a 52-week low of $47.19 and a 52-week high of $88.80. 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 has a market capitalization of $16.61 billion, a price-to-earnings ratio of 61.00, a P/E/G ratio of 0.81 and a beta of 1.58.

Aptiv (NYSE:APTV) last released 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 business had revenue of $5.21 billion during the quarter, compared to analysts’ expectations of $5.05 billion. During the same quarter last year, the company earned $1.83 earnings per share. The firm’s revenue was up 7.4% on a year-over-year basis. Aptiv has set its FY 2025 guidance at 7.550-7.850 EPS. Q4 2025 guidance at 1.600-1.900 EPS. Equities research analysts forecast that Aptiv PLC will post 7.2 EPS for the current year.

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.