PGGM Investments Reduces Stock Position in Aptiv PLC $APTV

PGGM Investments reduced its holdings in Aptiv PLC (NYSE:APTV) by 38.6% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 223,372 shares of the auto parts company’s stock after selling 140,149 shares during the period. PGGM Investments owned approximately 0.10% of Aptiv worth $16,996,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the company. State Street Corp boosted its stake in shares of Aptiv by 1.2% during the 2nd quarter. State Street Corp now owns 9,754,226 shares of the auto parts company’s stock worth $665,433,000 after purchasing an additional 111,506 shares during the period. Nordea Investment Management AB boosted its stake in shares of Aptiv by 34.2% during the 4th quarter. Nordea Investment Management AB now owns 4,579,726 shares of the auto parts company’s stock worth $349,067,000 after purchasing an additional 1,167,946 shares during the period. Impax Asset Management Group plc boosted its stake in shares of Aptiv by 54.5% during the 3rd quarter. Impax Asset Management Group plc now owns 4,523,145 shares of the auto parts company’s stock worth $389,986,000 after purchasing an additional 1,595,276 shares during the period. Boston Partners boosted its stake in shares of Aptiv by 29.2% during the 3rd quarter. Boston Partners now owns 4,194,909 shares of the auto parts company’s stock worth $361,385,000 after purchasing an additional 948,327 shares during the period. Finally, Alliancebernstein L.P. boosted its stake in shares of Aptiv by 9.0% during the 2nd quarter. Alliancebernstein L.P. now owns 3,831,441 shares of the auto parts company’s stock worth $261,381,000 after purchasing an additional 315,824 shares during the period. 94.21% of the stock is owned by hedge funds and other institutional investors.

Aptiv Trading Up 0.1%

Shares of APTV opened at $57.41 on Tuesday. Aptiv PLC has a 1-year low of $51.68 and a 1-year high of $88.93. The company has a 50-day moving average of $61.21 and a 200 day moving average of $72.38. The firm has a market capitalization of $12.15 billion, a price-to-earnings ratio of 33.97, a PEG ratio of 0.99 and a beta of 1.42. The company has a debt-to-equity ratio of 0.98, a current ratio of 2.11 and a quick ratio of 1.57.

Aptiv (NYSE:APTV) last announced its quarterly earnings data on Tuesday, May 5th. The auto parts company reported $1.71 earnings per share for the quarter, beating analysts’ consensus estimates of $1.62 by $0.09. Aptiv had a net margin of 1.77% and a return on equity of 17.83%. The company had revenue of $5.09 billion during the quarter, compared to analyst estimates of $5.03 billion. During the same quarter last year, the business posted $1.69 EPS. The firm’s revenue for the quarter was up 5.4% on a year-over-year basis. Aptiv has set its FY 2026 guidance at 5.700-6.100 EPS and its Q2 2026 guidance at 1.300-1.500 EPS. On average, research analysts expect that Aptiv PLC will post 6.41 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on APTV shares. Wolfe Research raised shares of Aptiv from a “peer perform” rating to an “outperform” rating and set a $91.00 price target for the company in a research note on Friday, March 6th. Wells Fargo & Company lifted their price target on shares of Aptiv from $81.00 to $82.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 6th. Citigroup dropped their price target on shares of Aptiv from $92.33 to $77.00 and set a “buy” rating for the company in a research note on Monday, May 18th. BNP Paribas Exane dropped their price target on shares of Aptiv from $107.00 to $83.00 and set an “outperform” rating for the company in a research note on Tuesday, April 14th. Finally, Deutsche Bank Aktiengesellschaft dropped their price target on shares of Aptiv from $84.00 to $74.00 and set a “buy” rating for the company in a research note on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Aptiv has a consensus rating of “Moderate Buy” and a consensus target price of $84.15.

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.