Aptiv PLC $APTV Shares Sold by Westwood Holdings Group Inc.

Westwood Holdings Group Inc. lessened its stake in shares of Aptiv PLC (NYSE:APTV) by 7.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 246,254 shares of the auto parts company’s stock after selling 19,729 shares during the quarter. Westwood Holdings Group Inc.’s holdings in Aptiv were worth $16,799,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in APTV. Boston Partners bought a new position in Aptiv during the 2nd quarter valued at $220,911,000. Norges Bank acquired a new stake in shares of Aptiv in the second quarter valued at $187,652,000. Balyasny Asset Management L.P. boosted its stake in Aptiv by 6,711.4% during the second quarter. Balyasny Asset Management L.P. now owns 1,434,076 shares of the auto parts company’s stock valued at $97,833,000 after buying an additional 1,413,022 shares in the last quarter. Alliancebernstein L.P. grew its holdings in Aptiv by 53.6% during the first quarter. Alliancebernstein L.P. now owns 3,515,617 shares of the auto parts company’s stock worth $209,179,000 after acquiring an additional 1,227,020 shares during the period. Finally, Ariel Investments LLC raised its position in Aptiv by 80.2% in the second quarter. Ariel Investments LLC now owns 1,386,513 shares of the auto parts company’s stock worth $94,588,000 after acquiring an additional 617,115 shares in the last quarter. Institutional investors own 94.21% of the company’s stock.

Insiders Place Their Bets

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

Analyst Ratings Changes

APTV has been the topic of several recent research reports. Barclays raised shares of Aptiv from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $85.00 to $105.00 in a research note on Friday, September 12th. Weiss Ratings restated a “hold (c-)” rating on shares of Aptiv in a research report on Monday, December 8th. Citigroup began coverage on Aptiv in a research report on Friday, October 10th. They set a “buy” rating and a $109.00 price objective for the company. Evercore ISI lifted their target price on Aptiv from $95.00 to $100.00 and gave the stock an “outperform” rating in a report on Monday, November 24th. Finally, Morgan Stanley set a $84.00 target price on Aptiv and gave the company an “equal weight” rating in a report on Monday, December 8th. Four research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, Aptiv has an average rating of “Moderate Buy” and an average price target of $96.63.

Aptiv Price Performance

Shares of NYSE:APTV opened at $78.69 on Monday. The company’s fifty day moving average is $80.57 and its two-hundred day moving average is $76.25. The company has a market cap of $17.00 billion, a P/E ratio of 62.45, a price-to-earnings-growth ratio of 0.81 and a beta of 1.51. Aptiv PLC has a 12-month low of $47.19 and a 12-month high of $88.80. The company has a quick ratio of 1.26, a current ratio of 1.79 and a debt-to-equity ratio of 0.80.

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

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.