Argus Lowers Aptiv (NYSE:APTV) Price Target to $69.00

Aptiv (NYSE:APTV) had its price objective lowered by Argus from $99.00 to $69.00 in a research note issued on Wednesday,MarketScreener reports. The firm presently has a “buy” rating on the auto parts company’s stock. Argus’ price target suggests a potential upside of 12.43% from the company’s current price.

A number of other research firms have also weighed in on APTV. UBS Group cut their price objective on shares of Aptiv from $97.00 to $80.00 and set a “buy” rating for the company in a research report on Thursday, April 2nd. Robert W. Baird decreased their target price on shares of Aptiv from $105.00 to $74.00 and set an “outperform” rating on the stock in a research report on Thursday, April 2nd. Morgan Stanley upgraded Aptiv from an “equal weight” rating to an “overweight” rating and set a $71.00 price target for the company in a report on Friday, May 8th. Royal Bank Of Canada reduced their price target on Aptiv from $104.00 to $81.00 and set an “outperform” rating on the stock in a research note on Tuesday, March 31st. Finally, Bank of America assumed coverage on Aptiv in a report on Wednesday, March 4th. They set a “buy” rating on the stock. One research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $82.85.

Aptiv Trading Up 4.4%

Shares of Aptiv stock opened at $61.37 on Wednesday. The company has a 50-day moving average of $60.97 and a two-hundred day moving average of $72.20. The stock has a market cap of $12.99 billion, a PE ratio of 36.03, a price-to-earnings-growth ratio of 0.99 and a beta of 1.42. The company has a current ratio of 2.11, a quick ratio of 1.57 and a debt-to-equity ratio of 0.98. Aptiv has a 12-month low of $51.68 and a 12-month high of $88.93.

Aptiv (NYSE:APTV) last released its quarterly earnings data on Tuesday, May 5th. The auto parts company reported $1.71 EPS for the quarter, topping the consensus estimate of $1.62 by $0.09. Aptiv had a net margin of 1.77% and a return on equity of 17.83%. The business had revenue of $5.09 billion for the quarter, compared to analyst estimates of $5.03 billion. During the same period in the previous year, the firm earned $1.69 EPS. The business’s revenue for the quarter was up 5.4% compared to the same quarter last year. Aptiv has set its FY 2026 guidance at 5.700-6.100 EPS and its Q2 2026 guidance at 1.300-1.500 EPS. On average, research analysts anticipate that Aptiv will post 6.41 EPS for the current fiscal year.

Institutional Investors Weigh In On Aptiv

Hedge funds have recently added to or reduced their stakes in the business. Westpac Banking Corp grew its stake in Aptiv by 6.6% in the fourth quarter. Westpac Banking Corp now owns 1,905 shares of the auto parts company’s stock valued at $145,000 after acquiring an additional 118 shares during the period. Sivia Capital Partners LLC grew its stake in Aptiv by 3.3% in the fourth quarter. Sivia Capital Partners LLC now owns 3,734 shares of the auto parts company’s stock worth $284,000 after purchasing an additional 120 shares during the period. Advisors Asset Management Inc. lifted its stake in Aptiv by 4.2% during the 4th quarter. Advisors Asset Management Inc. now owns 3,559 shares of the auto parts company’s stock valued at $271,000 after acquiring an additional 143 shares during the period. Ashton Thomas Private Wealth LLC grew its stake in shares of Aptiv by 2.3% in the third quarter. Ashton Thomas Private Wealth LLC now owns 6,776 shares of the auto parts company’s stock worth $584,000 after acquiring an additional 151 shares during the period. Finally, Benjamin Edwards Inc. boosted its stake in shares of Aptiv by 0.5% in the 4th quarter. Benjamin Edwards Inc. now owns 34,728 shares of the auto parts company’s stock worth $2,642,000 after buying an additional 156 shares during the last quarter. 94.21% of the stock is currently owned by institutional investors and hedge funds.

Aptiv Company Profile

Aptiv plc is a global automotive technology company that develops safer, greener and more connected solutions for the mobility industry. The company designs and supplies advanced electrical architectures, electronic systems and software that enable vehicle connectivity, active safety, advanced driver-assistance systems (ADAS) and autonomous driving capabilities. Aptiv’s customers include major automakers and mobility service providers seeking to integrate higher levels of automation, electrification and software-defined features into production vehicles and mobility platforms.

Product and service offerings span vehicle electrical systems and wiring, connectors and harnesses, high-voltage electrification components, power electronics and charging solutions, sensors and compute platforms that support ADAS and autonomous functions, and the software and services required to integrate and manage these systems.