Westwood Holdings Group Inc. lessened its stake in Aptiv PLC (NYSE:APTV – Free Report) by 7.4% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. 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. owned 0.11% of Aptiv worth $16,799,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also made changes to their positions in APTV. Zions Bancorporation National Association UT bought a new stake in Aptiv in the 1st quarter valued at $26,000. True Wealth Design LLC lifted its holdings in shares of Aptiv by 83.8% in the second quarter. True Wealth Design LLC now owns 397 shares of the auto parts company’s stock valued at $27,000 after purchasing an additional 181 shares in the last quarter. 1248 Management LLC acquired a new position in shares of Aptiv during the first quarter worth about $28,000. Geneos Wealth Management Inc. grew its holdings in shares of Aptiv by 452.3% during the first quarter. Geneos Wealth Management Inc. now owns 486 shares of the auto parts company’s stock worth $29,000 after buying an additional 398 shares in the last quarter. Finally, Allworth Financial LP grew its holdings in shares of Aptiv by 175.9% during the second quarter. Allworth Financial LP now owns 560 shares of the auto parts company’s stock worth $38,000 after buying an additional 357 shares in the last quarter. 94.21% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity
In related news, CAO Allan J. Brazier sold 1,000 shares of Aptiv stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $85.00, for a total transaction of $85,000.00. Following the completion of the sale, the chief accounting officer owned 49,820 shares of the company’s stock, valued at approximately $4,234,700. The trade was a 1.97% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 0.45% of the company’s stock.
Wall Street Analysts Forecast Growth
Read Our Latest Stock Analysis on APTV
Aptiv Stock Performance
APTV opened at $78.92 on Friday. The company has a quick ratio of 1.26, a current ratio of 1.79 and a debt-to-equity ratio of 0.80. The stock has a market cap of $17.05 billion, a price-to-earnings ratio of 62.64, a PEG ratio of 0.81 and a beta of 1.58. Aptiv PLC has a 12-month low of $47.19 and a 12-month high of $88.80. The business has a 50 day moving average of $83.90 and a 200-day moving average of $74.47.
Aptiv (NYSE:APTV – Get Free Report) last posted its quarterly earnings results on Thursday, October 30th. The auto parts company reported $2.17 earnings per share for the quarter, beating analysts’ consensus estimates of $1.81 by $0.36. Aptiv had a return on equity of 18.51% and a net margin of 1.46%.The business had revenue of $5.21 billion for the quarter, compared to analysts’ expectations of $5.05 billion. During the same quarter in the prior year, the business earned $1.83 EPS. The firm’s revenue for the quarter was up 7.4% on a year-over-year basis. Aptiv has set its FY 2025 guidance at 7.550-7.850 EPS. Q4 2025 guidance at 1.600-1.900 EPS. On average, equities research analysts expect that Aptiv PLC will post 7.2 earnings per share for the current year.
Aptiv 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.
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