325 Shares in Aptiv PLC (NYSE:APTV) Acquired by Turtle Creek Wealth Advisors LLC

Turtle Creek Wealth Advisors LLC acquired a new position in Aptiv PLC (NYSE:APTV) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 325 shares of the auto parts company’s stock, valued at approximately $29,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Salem Investment Counselors Inc. grew its position in shares of Aptiv by 176.0% during the 2nd quarter. Salem Investment Counselors Inc. now owns 276 shares of the auto parts company’s stock valued at $25,000 after purchasing an additional 176 shares in the last quarter. FWL Investment Management LLC bought a new stake in shares of Aptiv during the 4th quarter worth $30,000. Farther Finance Advisors LLC lifted its holdings in shares of Aptiv by 49.7% during the 2nd quarter. Farther Finance Advisors LLC now owns 518 shares of the auto parts company’s stock worth $53,000 after acquiring an additional 172 shares during the last quarter. BluePath Capital Management LLC bought a new stake in shares of Aptiv during the 3rd quarter worth $55,000. Finally, KB Financial Partners LLC bought a new stake in shares of Aptiv during the 1st quarter worth $56,000. 94.21% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Aptiv news, SVP Benjamin Lyon sold 18,680 shares of Aptiv stock in a transaction on Monday, March 11th. The shares were sold at an average price of $77.69, for a total value of $1,451,249.20. Following the completion of the transaction, the senior vice president now directly owns 95,211 shares of the company’s stock, valued at approximately $7,396,942.59. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.34% of the company’s stock.

Analyst Ratings Changes

Several analysts have weighed in on the stock. Guggenheim lowered their price target on shares of Aptiv from $120.00 to $103.00 and set a “buy” rating for the company in a research note on Friday, February 2nd. Wells Fargo & Company lowered their price target on shares of Aptiv from $84.00 to $83.00 in a research note on Monday, April 8th. Piper Sandler lowered their price objective on shares of Aptiv from $80.00 to $79.00 and set a “neutral” rating for the company in a research note on Thursday, February 1st. UBS Group upped their price objective on shares of Aptiv from $107.00 to $110.00 in a research note on Monday, April 8th. Finally, Barclays lowered their price objective on shares of Aptiv from $112.00 to $110.00 and set an “overweight” rating for the company in a research note on Thursday. One research analyst has rated the stock with a sell rating, four have given a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $111.14.

Aptiv Stock Performance

Shares of NYSE APTV opened at $74.19 on Friday. The firm has a fifty day moving average price of $78.59 and a 200-day moving average price of $83.31. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.72 and a quick ratio of 1.22. The stock has a market cap of $20.23 billion, a PE ratio of 7.16, a price-to-earnings-growth ratio of 0.96 and a beta of 1.90. Aptiv PLC has a 1 year low of $71.01 and a 1 year high of $113.60.

Aptiv (NYSE:APTV) last posted its earnings results on Wednesday, January 31st. The auto parts company reported $1.40 earnings per share for the quarter, beating the consensus estimate of $1.29 by $0.11. The company had revenue of $4.92 billion during the quarter, compared to analysts’ expectations of $4.95 billion. Aptiv had a net margin of 14.65% and a return on equity of 13.32%. Equities analysts anticipate that Aptiv PLC will post 5.66 earnings per share for the current fiscal year.

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.