Russell Investments Group Ltd. trimmed its holdings in shares of Aptiv PLC (NYSE:APTV – Free Report) by 30.9% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 423,010 shares of the auto parts company’s stock after selling 189,398 shares during the quarter. Russell Investments Group Ltd.’s holdings in Aptiv were worth $29,048,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also recently bought and sold shares of APTV. Boston Partners purchased a new stake in Aptiv during the 2nd quarter worth approximately $220,911,000. Steward Partners Investment Advisory LLC grew its position in shares of 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. Insigneo Advisory Services LLC increased its stake in shares of Aptiv by 6.2% in the second quarter. Insigneo Advisory Services LLC now owns 5,388 shares of the auto parts company’s stock worth $368,000 after buying an additional 315 shares during the last quarter. Global Retirement Partners LLC acquired a new stake in Aptiv in the second quarter valued at $285,000. Finally, Prudential Financial Inc. boosted its stake in Aptiv by 335.4% during the 2nd quarter. Prudential Financial Inc. now owns 143,053 shares of the auto parts company’s stock valued at $9,759,000 after acquiring an additional 110,197 shares during the last quarter. Hedge funds and other institutional investors own 94.21% of the company’s stock.
Insider Buying and Selling at Aptiv
In related news, CAO Allan J. Brazier sold 1,000 shares of the stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $85.00, for a total value of $85,000.00. Following the sale, the chief accounting officer owned 49,820 shares of the company’s stock, valued at $4,234,700. This trade represents a 1.97% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.45% of the stock is currently owned by company insiders.
Aptiv Stock Up 0.9%
Aptiv (NYSE:APTV – Get Free Report) last issued its quarterly earnings data on Thursday, October 30th. The auto parts company reported $2.17 EPS for the quarter, topping analysts’ consensus estimates of $1.81 by $0.36. The firm had revenue of $5.21 billion during the quarter, compared to the consensus estimate of $5.05 billion. Aptiv had a return on equity of 18.51% and a net margin of 1.46%.The firm’s revenue was up 7.4% on a year-over-year basis. During the same period in the prior year, the business earned $1.83 EPS. Aptiv has set its FY 2025 guidance at 7.550-7.850 EPS. Q4 2025 guidance at 1.600-1.900 EPS. Equities research analysts forecast that Aptiv PLC will post 7.2 earnings per share for the current year.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently weighed in on APTV shares. Robert W. Baird boosted their target price on shares of Aptiv from $97.00 to $105.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 8th. Daiwa Capital Markets upped their price objective on Aptiv from $79.00 to $100.00 and gave the company an “outperform” rating in a research note on Wednesday, October 1st. Bank of America increased their target price on Aptiv from $85.00 to $95.00 and gave the stock a “buy” rating in a report on Wednesday, September 10th. Evercore ISI boosted their price target on Aptiv from $95.00 to $100.00 and gave the company an “outperform” rating in a report on Monday, November 24th. Finally, Argus upped their price target on Aptiv from $78.00 to $99.00 in a research report on Monday, November 10th. Three analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Aptiv has a consensus rating of “Moderate Buy” and a consensus target price of $95.42.
Read Our Latest Report on APTV
Aptiv 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.
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