Aptiv PLC $APTV Stock Position Lowered by Reynders McVeigh Capital Management LLC

Reynders McVeigh Capital Management LLC lowered its position in shares of Aptiv PLC (NYSE:APTV) by 91.9% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 6,000 shares of the auto parts company’s stock after selling 68,063 shares during the period. Reynders McVeigh Capital Management LLC’s holdings in Aptiv were worth $409,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Stephens Inc. AR lifted its holdings in Aptiv by 3.9% in the 2nd quarter. Stephens Inc. AR now owns 4,096 shares of the auto parts company’s stock valued at $279,000 after acquiring an additional 155 shares during the last quarter. Gamco Investors INC. ET AL raised its holdings in shares of Aptiv by 1.7% in the 1st quarter. Gamco Investors INC. ET AL now owns 9,760 shares of the auto parts company’s stock worth $581,000 after purchasing an additional 160 shares in the last quarter. AlTi Global Inc. lifted its stake in Aptiv by 1.6% during the first quarter. AlTi Global Inc. now owns 10,677 shares of the auto parts company’s stock valued at $635,000 after purchasing an additional 173 shares during the last quarter. Steward Partners Investment Advisory LLC boosted its holdings in Aptiv by 18.5% during the second quarter. Steward Partners Investment Advisory LLC now owns 1,148 shares of the auto parts company’s stock worth $78,000 after buying an additional 179 shares in the last quarter. Finally, True Wealth Design LLC grew its position in Aptiv by 83.8% in the second quarter. True Wealth Design LLC now owns 397 shares of the auto parts company’s stock worth $27,000 after buying an additional 181 shares during the last quarter. 94.21% of the stock is currently owned by institutional investors.

Aptiv Stock Down 1.9%

Shares of Aptiv stock opened at $77.31 on Tuesday. Aptiv PLC has a 1 year low of $47.19 and a 1 year high of $88.80. The company has a market cap of $16.71 billion, a P/E ratio of 61.36, a P/E/G ratio of 0.81 and a beta of 1.51. The company has a current ratio of 1.79, a quick ratio of 1.26 and a debt-to-equity ratio of 0.80. The stock has a 50-day moving average price of $80.36 and a 200 day moving average price of $76.31.

Aptiv (NYSE:APTV) last released its earnings results on Thursday, October 30th. The auto parts company reported $2.17 earnings per share for the quarter, beating the consensus estimate of $1.81 by $0.36. The company had revenue of $5.21 billion for the quarter, compared to analysts’ expectations of $5.05 billion. Aptiv had a return on equity of 18.51% and a net margin of 1.46%.The business’s revenue for the quarter was up 7.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.83 EPS. Aptiv has set its FY 2025 guidance at 7.550-7.850 EPS and its Q4 2025 guidance at 1.600-1.900 EPS. As a group, analysts expect that Aptiv PLC will post 7.2 EPS for the current fiscal year.

Insiders Place Their Bets

In other Aptiv news, CAO Allan J. Brazier sold 1,000 shares of the company’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 value of $85,000.00. Following the transaction, the chief accounting officer owned 49,820 shares in the company, valued at approximately $4,234,700. This represents a 1.97% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.45% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on APTV. Wall Street Zen upgraded Aptiv from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, September 23rd. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $101.00 target price on shares of Aptiv in a report on Wednesday, November 19th. Deutsche Bank Aktiengesellschaft dropped their price target on Aptiv from $105.00 to $104.00 in a research note on Friday, October 31st. Zacks Research raised shares of Aptiv from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 9th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Aptiv in a research report on Monday, December 8th. Four analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $96.63.

Aptiv Company 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.