Aptiv PLC $APTV Shares Sold by Tectonic Advisors LLC

Tectonic Advisors LLC decreased its holdings in shares of Aptiv PLC (NYSE:APTV) by 4.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 21,980 shares of the auto parts company’s stock after selling 1,140 shares during the quarter. Tectonic Advisors LLC’s holdings in Aptiv were worth $1,499,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Slow Capital Inc. raised its stake in Aptiv by 3.4% during the second quarter. Slow Capital Inc. now owns 35,638 shares of the auto parts company’s stock worth $2,431,000 after acquiring an additional 1,165 shares during the period. KLP Kapitalforvaltning AS raised its stake in Aptiv by 1.2% during the second quarter. KLP Kapitalforvaltning AS now owns 144,131 shares of the auto parts company’s stock worth $9,833,000 after acquiring an additional 1,700 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new stake in Aptiv during the second quarter worth about $218,000. Cromwell Holdings LLC grew its position in Aptiv by 4,035.7% in the 2nd quarter. Cromwell Holdings LLC now owns 579 shares of the auto parts company’s stock worth $39,000 after purchasing an additional 565 shares during the last quarter. Finally, River Street Advisors LLC grew its position in Aptiv by 26.1% in the 2nd quarter. River Street Advisors LLC now owns 6,521 shares of the auto parts company’s stock worth $445,000 after purchasing an additional 1,348 shares during the last quarter. Institutional investors and hedge funds own 94.21% of the company’s stock.

Analysts Set New Price Targets

Several research firms have commented on APTV. UBS Group upped their target price on shares of Aptiv from $75.00 to $94.00 and gave the stock a “neutral” rating in a research report on Monday. Oppenheimer upped their target price on shares of Aptiv from $88.00 to $92.00 and gave the stock an “outperform” rating in a research report on Thursday, September 11th. Daiwa Capital Markets upped their target price on shares of Aptiv from $79.00 to $100.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 1st. Wall Street Zen upgraded shares of Aptiv from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, September 23rd. Finally, Robert W. Baird upped their target price on shares of Aptiv from $97.00 to $105.00 and gave the stock an “outperform” rating in a research report on Wednesday. Three research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, six have given a Hold rating and one has given 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 $89.19.

Insider Activity

In related news, CAO Allan J. Brazier sold 1,000 shares of the firm’s stock in a transaction that occurred on 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 directly owned 49,820 shares in the company, valued at approximately $4,234,700. This trade represents a 1.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.45% of the stock is owned by company insiders.

Aptiv Trading Down 2.1%

Aptiv stock opened at $82.71 on Friday. The firm has a 50 day simple moving average of $79.32 and a 200-day simple moving average of $69.13. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.76 and a quick ratio of 1.24. The stock has a market capitalization of $18.01 billion, a PE ratio of 18.93, a price-to-earnings-growth ratio of 0.94 and a beta of 1.55. Aptiv PLC has a 12-month low of $47.19 and a 12-month high of $88.80.

Aptiv (NYSE:APTV) last posted its quarterly earnings data on Thursday, July 31st. The auto parts company reported $2.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.83 by $0.29. The business had revenue of $5.21 billion during the quarter, compared to analysts’ expectations of $5.02 billion. Aptiv had a net margin of 5.12% and a return on equity of 18.46%. The business’s revenue was up 3.1% on a year-over-year basis. During the same period last year, the firm posted $1.58 earnings per share. Aptiv has set its FY 2025 guidance at 7.300-7.600 EPS. Q3 2025 guidance at 1.600-1.800 EPS. As a group, equities research analysts expect that Aptiv PLC will post 7.2 EPS for the current fiscal 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.