Aptiv’s (APTV) Neutral Rating Reaffirmed at JPMorgan Chase & Co.

Aptiv (NYSE:APTV)‘s stock had its “neutral” rating reaffirmed by equities researchers at JPMorgan Chase & Co. in a research note issued to investors on Tuesday, Benzinga reports. They currently have a $56.00 price target on the auto parts company’s stock, down from their previous price target of $65.00. JPMorgan Chase & Co.‘s price target would indicate a potential upside of 27.52% from the company’s previous close.

A number of other analysts also recently issued reports on the stock. Wall Street Zen downgraded shares of Aptiv from a “buy” rating to a “hold” rating in a research report on Saturday, June 6th. Fox Advisors downgraded shares of Aptiv from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, August 5th. TD Cowen dropped their price objective on shares of Aptiv from $90.00 to $77.00 and set a “buy” rating for the company in a research report on Wednesday, August 5th. Morgan Stanley downgraded shares of Aptiv from an “overweight” rating to an “equal weight” rating and cut their target price for the company from $71.00 to $55.00 in a research note on Wednesday, August 5th. Finally, Piper Sandler reduced their target price on shares of Aptiv from $106.00 to $94.00 and set an “overweight” rating on the stock in a report on Monday, June 8th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, Aptiv currently has a consensus rating of “Moderate Buy” and an average target price of $74.80.

Aptiv Trading Down 2.0%

Shares of APTV traded down $0.88 during mid-day trading on Tuesday, hitting $43.91. The company had a trading volume of 967,648 shares, compared to its average volume of 3,260,552. Aptiv has a 1-year low of $43.55 and a 1-year high of $88.93. The business’s 50-day simple moving average is $51.58 and its 200-day simple moving average is $59.55. The stock has a market cap of $9.12 billion, a PE ratio of 41.39, a P/E/G ratio of 0.88 and a beta of 1.45. The company has a quick ratio of 1.33, a current ratio of 2.02 and a debt-to-equity ratio of 0.61.

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in APTV. Sequoia Financial Advisors LLC grew its stake in shares of Aptiv by 12.0% during the second quarter. Sequoia Financial Advisors LLC now owns 7,908 shares of the auto parts company’s stock valued at $485,000 after acquiring an additional 846 shares in the last quarter. National Pension Service increased its position in shares of Aptiv by 18.9% during the second quarter. National Pension Service now owns 63,517 shares of the auto parts company’s stock worth $3,899,000 after acquiring an additional 10,100 shares during the last quarter. WINTON GROUP Ltd lifted its stake in shares of Aptiv by 28.7% in the second quarter. WINTON GROUP Ltd now owns 12,100 shares of the auto parts company’s stock worth $743,000 after acquiring an additional 2,699 shares in the last quarter. Squarepoint Ops LLC lifted its stake in shares of Aptiv by 238.9% in the second quarter. Squarepoint Ops LLC now owns 519,044 shares of the auto parts company’s stock worth $31,859,000 after acquiring an additional 365,893 shares in the last quarter. Finally, Arizona State Retirement System boosted its holdings in Aptiv by 4.1% in the second quarter. Arizona State Retirement System now owns 61,110 shares of the auto parts company’s stock valued at $3,751,000 after purchasing an additional 2,388 shares during the last quarter. 94.21% of the stock is currently owned by hedge funds and other institutional investors.

About Aptiv

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.