Aptiv PLC $APTV Stock Sold by Douglas Lane & Associates LLC

Douglas Lane & Associates LLC decreased its position in Aptiv PLC (NYSE:APTV) by 8.8% during the third quarter, Holdings Channel reports. The fund owned 865,339 shares of the auto parts company’s stock after selling 83,528 shares during the period. Douglas Lane & Associates LLC’s holdings in Aptiv were worth $37,227,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Allspring Global Investments Holdings LLC increased its position in shares of Aptiv by 3.9% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 3,029,539 shares of the auto parts company’s stock valued at $210,371,000 after purchasing an additional 113,633 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Aptiv by 1.1% in the first quarter. Dimensional Fund Advisors LP now owns 2,559,767 shares of the auto parts company’s stock worth $177,695,000 after buying an additional 27,043 shares during the last quarter. First Trust Advisors LP grew its position in Aptiv by 23.1% during the first quarter. First Trust Advisors LP now owns 2,394,019 shares of the auto parts company’s stock valued at $166,241,000 after buying an additional 449,145 shares during the period. Pacer Advisors Inc. grew its position in Aptiv by 53.2% during the fourth quarter. Pacer Advisors Inc. now owns 2,213,657 shares of the auto parts company’s stock valued at $168,437,000 after buying an additional 768,630 shares during the period. Finally, Man Group plc increased its holdings in Aptiv by 5.5% during the fourth quarter. Man Group plc now owns 2,157,000 shares of the auto parts company’s stock valued at $164,126,000 after buying an additional 111,975 shares during the last quarter. 94.21% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. TD Cowen dropped their price target on shares of Aptiv from $90.00 to $77.00 and set a “buy” rating on the stock in a research note on Wednesday, August 5th. Evercore restated an “outperform” rating and issued a $70.00 price objective on shares of Aptiv in a research note on Monday, August 10th. Deutsche Bank Aktiengesellschaft cut Aptiv from a “buy” rating to a “hold” rating and set a $56.00 target price on the stock. in a report on Wednesday, August 5th. Benchmark upgraded Aptiv to a “strong-buy” rating in a research report on Wednesday, September 9th. Finally, Fox Advisors cut Aptiv from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $72.64.

Aptiv Price Performance

Shares of NYSE:APTV traded down $0.35 during trading on Friday, hitting $43.86. 610,429 shares of the company’s stock were exchanged, compared to its average volume of 3,306,204. The business’s 50-day simple moving average is $46.39 and its 200 day simple moving average is $55.99. The company has a market cap of $9.11 billion, a price-to-earnings ratio of 41.37, a PEG ratio of 0.86 and a beta of 1.48. Aptiv PLC has a 52-week low of $42.56 and a 52-week high of $88.93. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.02 and a quick ratio of 1.33.

Aptiv (NYSE:APTV) last posted its quarterly earnings results on Tuesday, August 4th. The auto parts company reported $1.63 EPS for the quarter, topping analysts’ consensus estimates of $1.42 by $0.21. Aptiv had a return on equity of 17.10% and a net margin of 1.17%.The company had revenue of $3.27 billion for the quarter, compared to analysts’ expectations of $3.31 billion. During the same period in the previous year, the firm earned $2.12 EPS. The firm’s revenue was up 2.3% compared to the same quarter last year. Aptiv has set its FY 2026 guidance at 5.600-5.800 EPS and its Q3 2026 guidance at 1.250-1.350 EPS. As a group, equities analysts predict that Aptiv PLC will post 5.68 EPS for the current year.

Aptiv Profile

Aptiv PLC (NYSE: APTV) is a global automotive technology company that develops hardware, software and systems designed to support safer, more connected and increasingly automated vehicles. Its products help automakers manage vehicle data, electrical power, computing, communications and advanced driver-assistance functions.

The company’s offerings include vehicle electrical and electronic architectures, wiring and connection systems, high-voltage components for electrified vehicles, automotive computing platforms, sensing technologies and software.