Aptiv’s (APTV) Outperform Rating Reaffirmed at Royal Bank Of Canada

Aptiv (NYSE:APTV)‘s stock had its “outperform” rating reissued by research analysts at Royal Bank Of Canada in a research note issued on Wednesday,Benzinga reports. They presently have a $101.00 target price on the auto parts company’s stock. Royal Bank Of Canada’s price target would indicate a potential upside of 39.16% from the company’s current price.

APTV has been the topic of several other research reports. Oppenheimer set a $94.00 price target on shares of Aptiv and gave the company an “outperform” rating in a research report on Friday, October 31st. Citigroup initiated coverage on Aptiv in a research report on Friday, October 10th. They set a “buy” rating and a $109.00 target price for the company. Robert W. Baird upped their price objective on shares of Aptiv from $97.00 to $105.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 8th. Argus upped their target price on Aptiv from $78.00 to $99.00 in a research note on Monday, November 10th. Finally, Wells Fargo & Company lowered their price target on shares of Aptiv from $106.00 to $100.00 and set an “overweight” rating for the company in a research note on Friday, October 31st. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $94.79.

Aptiv Stock Performance

APTV traded down $3.19 during midday trading on Wednesday, reaching $72.58. The company had a trading volume of 786,872 shares, compared to its average volume of 2,757,273. Aptiv has a 12-month low of $47.19 and a 12-month high of $88.80. The business has a 50-day moving average price of $83.67 and a two-hundred day moving average price of $74.86. The stock has a market cap of $15.68 billion, a PE ratio of 57.60, a P/E/G ratio of 0.79 and a beta of 1.58. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.26 and a current ratio of 1.79.

Aptiv (NYSE:APTV) last posted its quarterly earnings results on Thursday, October 30th. The auto parts company reported $2.17 EPS for the quarter, topping analysts’ consensus estimates of $1.81 by $0.36. Aptiv had a net margin of 1.46% and a return on equity of 18.51%. The company had revenue of $5.21 billion for the quarter, compared to analysts’ expectations of $5.05 billion. During the same quarter in the previous year, the firm posted $1.83 EPS. Aptiv’s revenue 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, sell-side analysts expect that Aptiv will post 7.2 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Aptiv news, CAO Allan J. Brazier sold 1,000 shares of the business’s stock in a transaction 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 transaction, the chief accounting officer directly 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 document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.45% of the stock is owned by insiders.

Institutional Investors Weigh In On Aptiv

A number of large investors have recently modified their holdings of the stock. State Street Corp lifted its holdings in Aptiv by 1.2% in the second quarter. State Street Corp now owns 9,754,226 shares of the auto parts company’s stock worth $665,433,000 after buying an additional 111,506 shares during the period. Goldman Sachs Group Inc. raised its position in shares of Aptiv by 242.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 8,560,781 shares of the auto parts company’s stock worth $509,366,000 after acquiring an additional 6,062,438 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Aptiv by 10.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 5,934,199 shares of the auto parts company’s stock valued at $353,085,000 after purchasing an additional 570,930 shares in the last quarter. Impax Asset Management Group plc grew its stake in Aptiv by 54.5% in the third quarter. Impax Asset Management Group plc now owns 4,523,145 shares of the auto parts company’s stock worth $389,986,000 after purchasing an additional 1,595,276 shares during the period. Finally, Boston Partners lifted its position in Aptiv by 29.2% during the third quarter. Boston Partners now owns 4,194,909 shares of the auto parts company’s stock valued at $361,385,000 after buying an additional 948,327 shares during the period. Institutional investors own 94.21% of the company’s stock.

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.