Legal & General Group Plc decreased its position in shares of Aptiv PLC (NYSE:APTV – Free Report) by 3.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,254,588 shares of the auto parts company’s stock after selling 45,760 shares during the quarter. Legal & General Group Plc’s holdings in Aptiv were worth $95,462,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Truist Financial Corp grew its holdings in Aptiv by 1,036.0% during the third quarter. Truist Financial Corp now owns 396,443 shares of the auto parts company’s stock worth $34,181,000 after buying an additional 361,546 shares in the last quarter. Nordea Investment Management AB grew its holdings in Aptiv by 34.2% during the fourth quarter. Nordea Investment Management AB now owns 4,579,726 shares of the auto parts company’s stock worth $349,067,000 after buying an additional 1,167,946 shares in the last quarter. Thematics Asset Management grew its holdings in Aptiv by 56.9% during the third quarter. Thematics Asset Management now owns 261,454 shares of the auto parts company’s stock worth $22,543,000 after buying an additional 94,782 shares in the last quarter. Ameriprise Financial Inc. bought a new stake in Aptiv during the third quarter worth $297,917,000. Finally, Envestnet Asset Management Inc. grew its holdings in Aptiv by 55.8% during the third quarter. Envestnet Asset Management Inc. now owns 523,452 shares of the auto parts company’s stock worth $45,132,000 after buying an additional 187,452 shares in the last quarter. Institutional investors own 94.21% of the company’s stock.
Wall Street Analyst Weigh In
Several equities research analysts recently issued reports on APTV shares. TD Cowen decreased their price target on Aptiv from $93.00 to $90.00 and set a “buy” rating for the company in a report on Wednesday, April 15th. Barclays decreased their price target on Aptiv from $77.00 to $73.00 and set an “overweight” rating for the company in a report on Wednesday, May 6th. UBS Group decreased their price target on Aptiv from $97.00 to $80.00 and set a “buy” rating for the company in a report on Thursday, April 2nd. JPMorgan Chase & Co. upped their price target on Aptiv from $83.00 to $84.00 and gave the stock an “overweight” rating in a report on Thursday, May 14th. Finally, The Goldman Sachs Group began coverage on Aptiv in a report on Monday, April 13th. They set a “buy” rating and a $74.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Aptiv presently has an average rating of “Moderate Buy” and an average price target of $82.85.
Aptiv Stock Performance
Shares of APTV stock opened at $63.67 on Friday. The firm has a market cap of $13.47 billion, a price-to-earnings ratio of 37.67, a P/E/G ratio of 1.07 and a beta of 1.42. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.57 and a current ratio of 2.11. Aptiv PLC has a 52 week low of $51.68 and a 52 week high of $88.93. The firm’s 50-day simple moving average is $60.61 and its two-hundred day simple moving average is $71.92.
Aptiv (NYSE:APTV – Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The auto parts company reported $1.71 EPS for the quarter, topping the consensus estimate of $1.62 by $0.09. The business had revenue of $5.09 billion for the quarter, compared to analyst estimates of $5.03 billion. Aptiv had a net margin of 1.77% and a return on equity of 17.83%. The company’s revenue for the quarter was up 5.4% on a year-over-year basis. During the same quarter in the previous year, the firm 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. As a group, equities analysts forecast that Aptiv PLC will post 6.41 earnings per share for the current year.
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.
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