Aptiv (NYSE:APTV) Cut to Hold at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft lowered shares of Aptiv (NYSE:APTV) from a buy rating to a hold rating in a report released on Wednesday, MarketBeat.com reports. The firm currently has $56.00 price target on the auto parts company’s stock.

Other analysts have also recently issued research reports about the stock. Zacks Research upgraded shares of Aptiv from a “strong sell” rating to a “hold” rating in a research note on Friday, July 10th. TD Cowen reaffirmed a “buy” rating on shares of Aptiv in a report on Friday, June 12th. Weiss Ratings upgraded shares of Aptiv from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, July 28th. Piper Sandler lowered their price target on Aptiv from $106.00 to $94.00 and set an “overweight” rating on the stock in a report on Monday, June 8th. Finally, Royal Bank Of Canada boosted their price target on Aptiv from $81.00 to $90.00 and gave the company an “outperform” rating in a research report on Monday, July 13th. Nineteen equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $77.50.

Aptiv Trading Up 6.8%

NYSE:APTV opened at $49.46 on Wednesday. The company has a market capitalization of $10.27 billion, a PE ratio of 46.66, a P/E/G ratio of 0.89 and a beta of 1.46. Aptiv has a 52-week low of $46.16 and a 52-week high of $88.93. The stock’s 50 day moving average price is $60.88 and its 200 day moving average price is $65.70. The company has a quick ratio of 1.57, a current ratio of 2.02 and a debt-to-equity ratio of 0.61.

Aptiv (NYSE:APTV) last issued its quarterly earnings data on Tuesday, August 4th. The auto parts company reported $1.63 earnings per share for the quarter, beating analysts’ consensus estimates of $1.42 by $0.21. The company had revenue of $3.27 billion during the quarter, compared to analysts’ expectations of $3.31 billion. Aptiv had a return on equity of 17.10% and a net margin of 1.17%.The firm’s revenue for the quarter was up 2.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.12 earnings per share. Aptiv has set its FY 2026 guidance at 5.600-5.800 EPS and its Q3 2026 guidance at 1.250-1.350 EPS. On average, research analysts anticipate that Aptiv will post 5.72 EPS for the current year.

Insider Activity

In other news, EVP Katherine H. Ramundo sold 2,000 shares of the company’s stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $78.30, for a total value of $156,600.00. Following the sale, the executive vice president directly owned 163,752 shares in the company, valued at $12,821,781.60. This represents a 1.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.06% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Aptiv

Several hedge funds have recently made changes to their positions in APTV. State Street Corp grew its holdings in Aptiv by 4.3% in the 4th quarter. State Street Corp now owns 10,066,712 shares of the auto parts company’s stock valued at $765,976,000 after buying an additional 419,375 shares during the period. Norges Bank purchased a new position in shares of Aptiv during the 4th quarter worth about $634,961,000. Geode Capital Management LLC boosted its position in shares of Aptiv by 1.7% in the fourth quarter. Geode Capital Management LLC now owns 5,821,615 shares of the auto parts company’s stock worth $441,289,000 after acquiring an additional 99,876 shares during the last quarter. Boston Partners boosted its position in shares of Aptiv by 29.2% in the third quarter. Boston Partners now owns 4,194,909 shares of the auto parts company’s stock worth $361,385,000 after acquiring an additional 948,327 shares during the last quarter. Finally, Alliancebernstein L.P. grew its holdings in Aptiv by 9.0% in the second quarter. Alliancebernstein L.P. now owns 3,831,441 shares of the auto parts company’s stock valued at $261,381,000 after purchasing an additional 315,824 shares during the period. Institutional investors and hedge funds own 94.21% of the company’s stock.

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.