Aptiv (NYSE:APTV) Rating Increased to Strong-Buy at Benchmark

Benchmark upgraded shares of Aptiv (NYSE:APTV) to a strong-buy rating in a research report report published on Wednesday,Zacks reports.

A number of other equities research analysts have also recently weighed in on the stock. The Goldman Sachs Group cut their price objective on shares of Aptiv from $82.00 to $71.00 and set a “buy” rating on the stock in a research note on Wednesday, August 5th. JPMorgan Chase & Co. lowered their price objective on shares of Aptiv from $84.00 to $75.00 and set an “overweight” rating on the stock in a research note on Friday, July 10th. Fox Advisors downgraded Aptiv from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, August 5th. Argus set a $64.00 price target on Aptiv in a research report on Thursday, August 13th. Finally, Barclays dropped their price objective on Aptiv from $73.00 to $65.00 and set an “overweight” rating on the stock in a research note on Monday, August 10th. One research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, three have given a Hold rating and two have assigned a Sell 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 $75.66.

Aptiv Stock Performance

APTV opened at $45.47 on Wednesday. The company has a current ratio of 2.02, a quick ratio of 1.33 and a debt-to-equity ratio of 0.61. The business’s 50 day moving average is $51.88 and its 200-day moving average is $59.90. The stock has a market cap of $9.44 billion, a PE ratio of 42.89, a price-to-earnings-growth ratio of 0.89 and a beta of 1.45. Aptiv has a twelve month low of $43.83 and a twelve month high of $88.93.

Aptiv (NYSE:APTV) last issued its quarterly earnings data on Tuesday, August 4th. The auto parts company reported $1.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.42 by $0.21. Aptiv had a return on equity of 17.10% and a net margin of 1.17%.The business had revenue of $3.27 billion during the quarter, compared to analyst estimates of $3.31 billion. During the same period in the prior year, the company posted $2.12 EPS. The business’s revenue for the quarter was up 2.3% compared to the same quarter last year. Aptiv has set its FY 2026 guidance at 5.600-5.800 EPS and its Q3 2026 guidance at 1.250-1.350 EPS. On average, analysts predict that Aptiv will post 5.69 earnings per share for the current year.

Institutional Trading of Aptiv

Hedge funds have recently bought and sold shares of the company. California State Teachers Retirement System raised its holdings in shares of Aptiv by 6,192.6% during the second quarter. California State Teachers Retirement System now owns 20,102,073 shares of the auto parts company’s stock valued at $1,233,865,000 after acquiring an additional 19,782,619 shares during the period. State Street Corp boosted its stake in Aptiv by 4.3% in the 4th quarter. State Street Corp now owns 10,066,712 shares of the auto parts company’s stock worth $765,976,000 after purchasing an additional 419,375 shares during the period. Norges Bank purchased a new position in Aptiv during the 4th quarter worth approximately $634,961,000. Geode Capital Management LLC grew its position in Aptiv by 1.7% during the 4th quarter. Geode Capital Management LLC now owns 5,821,615 shares of the auto parts company’s stock worth $441,289,000 after purchasing an additional 99,876 shares in the last quarter. Finally, Boston Partners raised its stake in Aptiv by 29.2% during the 3rd quarter. Boston Partners now owns 4,194,909 shares of the auto parts company’s stock valued at $361,385,000 after purchasing an additional 948,327 shares during the period. 94.21% of the stock is owned by hedge funds and other institutional investors.

Aptiv Company Profile

Aptiv PLC is a global automotive technology company that develops vehicle systems, software and components for automakers and other mobility customers. Its products are designed to support vehicle electrification, advanced driver assistance, automated driving, connectivity and improved vehicle safety.

The company’s offerings include electrical distribution systems such as wiring harnesses, connectors and power-management components, as well as vehicle computing platforms, infotainment systems, user-interface technologies and advanced safety solutions.