Martin Investment Management LLC Buys New Holdings in Aptiv PLC $APTV

Martin Investment Management LLC acquired a new position in shares of Aptiv PLC (NYSE:APTV) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 75,769 shares of the auto parts company’s stock, valued at approximately $5,765,000. Aptiv makes up approximately 1.5% of Martin Investment Management LLC’s investment portfolio, making the stock its 21st biggest position.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. State Street Corp raised its holdings in Aptiv by 1.2% during the second quarter. State Street Corp now owns 9,754,226 shares of the auto parts company’s stock worth $665,433,000 after purchasing an additional 111,506 shares in the last quarter. Norges Bank acquired a new stake in Aptiv during the fourth quarter worth approximately $634,961,000. Geode Capital Management LLC raised its holdings in Aptiv by 1.7% during the fourth 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. Nordea Investment Management AB raised its holdings in Aptiv by 34.2% during the fourth quarter. Nordea Investment Management AB now owns 4,579,726 shares of the auto parts company’s stock worth $349,067,000 after purchasing an additional 1,167,946 shares in the last quarter. Finally, Impax Asset Management Group plc raised its holdings in Aptiv by 54.5% during the third quarter. Impax Asset Management Group plc now owns 4,523,145 shares of the auto parts company’s stock worth $389,986,000 after purchasing an additional 1,595,276 shares in the last quarter. Institutional investors and hedge funds own 94.21% of the company’s stock.

Wall Street Analyst Weigh In

APTV has been the topic of a number of research analyst reports. Robert W. Baird cut their price objective on shares of Aptiv from $105.00 to $74.00 and set an “outperform” rating on the stock in a report on Thursday, April 2nd. TD Cowen lowered their target price on shares of Aptiv from $93.00 to $90.00 and set a “buy” rating on the stock in a research report on Wednesday, April 15th. Wall Street Zen lowered shares of Aptiv from a “strong-buy” rating to a “buy” rating in a research report on Saturday, February 7th. HSBC lowered their target price on shares of Aptiv from $81.32 to $75.00 and set a “buy” rating on the stock in a research report on Monday, April 27th. Finally, Citigroup lowered their target price on shares of Aptiv from $92.33 to $77.00 and set a “buy” rating on the stock in a research report on Monday, May 18th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $82.85.

Aptiv Stock Performance

NYSE:APTV opened at $68.52 on Tuesday. The firm’s fifty day moving average price is $60.56 and its 200 day moving average price is $71.73. Aptiv PLC has a 1-year low of $51.68 and a 1-year high of $88.93. The company has a debt-to-equity ratio of 0.98, a current ratio of 2.11 and a quick ratio of 1.57. The firm has a market cap of $14.50 billion, a price-to-earnings ratio of 40.54, a price-to-earnings-growth ratio of 1.13 and a beta of 1.45.

Aptiv (NYSE:APTV) last posted its quarterly earnings data on Tuesday, May 5th. The auto parts company reported $1.71 earnings per share for the quarter, beating analysts’ consensus estimates of $1.62 by $0.09. Aptiv had a net margin of 1.77% and a return on equity of 17.83%. The firm had revenue of $5.09 billion for the quarter, compared to analyst estimates of $5.03 billion. During the same period last year, the firm posted $1.69 EPS. Aptiv’s quarterly revenue was up 5.4% on a year-over-year basis. Aptiv has set its FY 2026 guidance at 5.700-6.100 EPS and its Q2 2026 guidance at 1.300-1.500 EPS. On average, sell-side analysts expect that Aptiv PLC will post 6.41 EPS for the current year.

About Aptiv

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.