Signature Estate & Investment Advisors LLC purchased a new stake in Aptiv PLC (NYSE:APTV – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 100,606 shares of the auto parts company’s stock, valued at approximately $7,655,000.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Ameriprise Financial Inc. purchased a new stake in Aptiv in the third quarter valued at approximately $297,917,000. Impax Asset Management Group plc lifted its stake in Aptiv by 54.5% in the third quarter. Impax Asset Management Group plc now owns 4,523,145 shares of the auto parts company’s stock valued at $389,986,000 after buying an additional 1,595,276 shares during the last quarter. Balyasny Asset Management L.P. lifted its stake in Aptiv by 6,711.4% in 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 during the last quarter. Man Group plc lifted its stake in Aptiv by 155.8% in the third quarter. Man Group plc now owns 2,045,025 shares of the auto parts company’s stock valued at $176,322,000 after buying an additional 1,245,533 shares during the last quarter. Finally, Nordea Investment Management AB lifted its stake in Aptiv by 34.2% in the fourth quarter. Nordea Investment Management AB now owns 4,579,726 shares of the auto parts company’s stock valued at $349,067,000 after buying an additional 1,167,946 shares during the last quarter. 94.21% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of equities research analysts have weighed in on the company. Morgan Stanley upgraded Aptiv from an “equal weight” rating to an “overweight” rating and set a $71.00 price objective for the company in a research note on Friday, May 8th. Fox Advisors reduced their price objective on Aptiv from $110.00 to $70.00 in a research note on Friday, May 8th. The Goldman Sachs Group initiated coverage on shares of Aptiv in a report on Monday, April 13th. They issued a “buy” rating and a $74.00 target price for the company. Wolfe Research raised shares of Aptiv from a “peer perform” rating to an “outperform” rating and set a $91.00 target price for the company in a report on Friday, March 6th. Finally, Barclays reduced their target price on shares of Aptiv from $77.00 to $73.00 and set an “overweight” rating for the company in a report on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $84.15.
Aptiv Price Performance
Aptiv stock opened at $55.83 on Friday. Aptiv PLC has a 12 month low of $51.68 and a 12 month high of $88.93. The company has a debt-to-equity ratio of 0.98, a current ratio of 2.11 and a quick ratio of 1.57. The business has a 50 day simple moving average of $61.72 and a 200-day simple moving average of $72.72. The stock has a market capitalization of $11.81 billion, a PE ratio of 33.03, a price-to-earnings-growth ratio of 0.94 and a beta of 1.42.
Aptiv (NYSE:APTV – Get Free Report) last posted its quarterly earnings results on Tuesday, May 5th. The auto parts company reported $1.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.62 by $0.09. The firm had revenue of $5.09 billion during the quarter, compared to analysts’ expectations of $5.03 billion. Aptiv had a net margin of 1.77% and a return on equity of 17.83%. The firm’s revenue for the quarter was up 5.4% on a year-over-year basis. During the same period in the prior year, the company posted $1.69 earnings per share. Aptiv has set its FY 2026 guidance at 5.700-6.100 EPS and its Q2 2026 guidance at 1.300-1.500 EPS. Equities analysts predict that Aptiv PLC will post 6.41 earnings per share for the current year.
Aptiv Company Profile
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.
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