Aptiv (NYSE:APTV) Stock Rating Upgraded by Wall Street Zen

Aptiv (NYSE:APTV) was upgraded by equities researchers at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a report issued on Saturday.

A number of other equities research analysts also recently issued reports on APTV. Oppenheimer set a $94.00 price objective on shares of Aptiv and gave the company an “outperform” rating in a research report on Friday, October 31st. Deutsche Bank Aktiengesellschaft lowered their target price on Aptiv from $105.00 to $104.00 in a research report on Friday, October 31st. Weiss Ratings restated a “hold (c-)” rating on shares of Aptiv in a research report on Monday, December 29th. Evercore ISI raised their price objective on Aptiv from $95.00 to $100.00 and gave the stock an “outperform” rating in a research note on Monday, November 24th. Finally, Morgan Stanley set a $84.00 price objective on Aptiv and gave the company an “equal weight” rating in a research report on Monday, December 8th. Four analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, Aptiv presently has a consensus rating of “Moderate Buy” and a consensus price target of $96.63.

Aptiv Stock Up 3.0%

APTV stock opened at $78.41 on Friday. The company has a market cap of $16.94 billion, a price-to-earnings ratio of 62.23, a P/E/G ratio of 0.92 and a beta of 1.50. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.26 and a current ratio of 1.79. The business’s 50-day moving average is $78.48 and its two-hundred day moving average is $77.24. Aptiv has a fifty-two week low of $47.19 and a fifty-two week high of $88.80.

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

Institutional Trading of Aptiv

Several institutional investors have recently made changes to their positions in APTV. True Wealth Design LLC boosted its stake in Aptiv by 31.5% in the 3rd quarter. True Wealth Design LLC now owns 522 shares of the auto parts company’s stock worth $45,000 after purchasing an additional 125 shares during the period. Ashton Thomas Private Wealth LLC raised its position in shares of Aptiv by 2.3% during the third quarter. Ashton Thomas Private Wealth LLC now owns 6,776 shares of the auto parts company’s stock valued at $584,000 after buying an additional 151 shares during the last quarter. Stephens Inc. AR lifted its holdings in shares of Aptiv by 3.9% in the second quarter. Stephens Inc. AR now owns 4,096 shares of the auto parts company’s stock worth $279,000 after buying an additional 155 shares in the last quarter. CI Investments Inc. boosted its position in shares of Aptiv by 11.6% during the third quarter. CI Investments Inc. now owns 1,564 shares of the auto parts company’s stock worth $135,000 after acquiring an additional 163 shares during the last quarter. Finally, Unified Investment Management grew its stake in Aptiv by 1.5% during the third quarter. Unified Investment Management now owns 12,223 shares of the auto parts company’s stock valued at $1,054,000 after acquiring an additional 178 shares in the last quarter. Hedge funds and other institutional investors own 94.21% of the company’s stock.

About Aptiv

Aptiv plc is a global automotive technology company that develops safer, greener and more connected solutions for the mobility industry. The company designs and supplies advanced electrical architectures, electronic systems and software that enable vehicle connectivity, active safety, advanced driver-assistance systems (ADAS) and autonomous driving capabilities. Aptiv’s customers include major automakers and mobility service providers seeking to integrate higher levels of automation, electrification and software-defined features into production vehicles and mobility platforms.

Product and service offerings span vehicle electrical systems and wiring, connectors and harnesses, high-voltage electrification components, power electronics and charging solutions, sensors and compute platforms that support ADAS and autonomous functions, and the software and services required to integrate and manage these systems.