Aptiv (NYSE:APTV) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Aptiv (NYSE:APTV) from a buy rating to a strong-buy rating in a report released on Saturday morning.

A number of other analysts have also recently weighed in on the company. Zacks Research upgraded Aptiv from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 9th. Cowen reissued a “buy” rating on shares of Aptiv in a research report on Friday, October 31st. Bank of America upped their price target on Aptiv from $85.00 to $95.00 and gave the company a “buy” rating in a report on Wednesday, September 10th. Daiwa Capital Markets raised their price objective on shares of Aptiv from $79.00 to $100.00 and gave the stock an “outperform” rating in a report on Wednesday, October 1st. Finally, Citigroup started coverage on shares of Aptiv in a report on Friday, October 10th. They issued a “buy” rating and a $109.00 target price for the company. Four research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $96.63.

Aptiv Trading Up 2.6%

APTV opened at $80.52 on Friday. The business has a fifty day moving average price of $78.37 and a 200 day moving average price of $77.33. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.79 and a quick ratio of 1.26. Aptiv has a 12 month low of $47.19 and a 12 month high of $88.80. The stock has a market capitalization of $17.40 billion, a price-to-earnings ratio of 63.90, a PEG ratio of 0.92 and a beta of 1.50.

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

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of APTV. Saranac Partners Ltd purchased a new position in shares of Aptiv during the third quarter worth about $25,000. Foster Dykema Cabot & Partners LLC acquired a new stake in Aptiv during the 3rd quarter worth approximately $30,000. Root Financial Partners LLC purchased a new position in shares of Aptiv in the 3rd quarter valued at approximately $31,000. True Wealth Design LLC increased its holdings in shares of Aptiv by 83.8% in the second quarter. True Wealth Design LLC now owns 397 shares of the auto parts company’s stock valued at $27,000 after purchasing an additional 181 shares during the period. Finally, Geneos Wealth Management Inc. raised its stake in shares of Aptiv by 452.3% during the first quarter. Geneos Wealth Management Inc. now owns 486 shares of the auto parts company’s stock worth $29,000 after purchasing an additional 398 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.