VIRGINIA RETIREMENT SYSTEMS ET Al Takes $16.36 Million Position in Aptiv PLC $APTV

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of Aptiv PLC (NYSE:APTV) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 239,812 shares of the auto parts company’s stock, valued at approximately $16,360,000.

Other institutional investors have also added to or reduced their stakes in the company. Zions Bancorporation National Association UT acquired a new position in Aptiv during the 1st quarter worth approximately $26,000. 1248 Management LLC acquired a new position in Aptiv during the 1st quarter worth approximately $28,000. Geneos Wealth Management Inc. increased its position in Aptiv by 452.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 486 shares of the auto parts company’s stock worth $29,000 after purchasing an additional 398 shares in the last quarter. Cromwell Holdings LLC increased its position in Aptiv by 4,035.7% during 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 in the last quarter. Finally, Mather Group LLC. increased its position in Aptiv by 155.2% during the 1st quarter. Mather Group LLC. now owns 633 shares of the auto parts company’s stock worth $38,000 after purchasing an additional 385 shares in the last quarter. 94.21% of the stock is currently owned by institutional investors and hedge funds.

Aptiv Trading Down 0.8%

NYSE:APTV opened at $82.79 on Monday. The firm’s fifty day moving average is $81.36 and its 200-day moving average is $70.15. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.24 and a current ratio of 1.76. Aptiv PLC has a 52 week low of $47.19 and a 52 week high of $88.80. The firm has a market cap of $18.03 billion, a P/E ratio of 18.95, a P/E/G ratio of 0.90 and a beta of 1.55.

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

Insider Activity at Aptiv

In other news, CAO Allan J. Brazier sold 1,000 shares of the company’s stock in a transaction on Thursday, September 18th. The shares were sold at an average price of $85.00, for a total value of $85,000.00. Following the sale, the chief accounting officer directly owned 49,820 shares of the company’s stock, valued at approximately $4,234,700. This represents a 1.97% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 0.45% of the company’s stock.

Wall Street Analyst Weigh In

APTV has been the subject of a number of research analyst reports. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Aptiv from $84.00 to $105.00 in a research report on Friday, October 10th. Barclays raised shares of Aptiv from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $85.00 to $105.00 in a report on Friday, September 12th. Royal Bank Of Canada boosted their target price on shares of Aptiv from $92.00 to $101.00 and gave the stock an “outperform” rating in a report on Friday, October 10th. Robert W. Baird boosted their target price on shares of Aptiv from $97.00 to $105.00 and gave the stock an “outperform” rating in a report on Wednesday, October 8th. Finally, UBS Group boosted their target price on shares of Aptiv from $75.00 to $94.00 and gave the stock a “neutral” rating in a report on Monday, October 6th. Three research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $92.47.

About Aptiv

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.