Stephens Inc. AR raised its position in Aptiv PLC (NYSE:APTV – Free Report) by 3.9% in the 2nd quarter, Holdings Channel.com reports. The firm owned 4,096 shares of the auto parts company’s stock after buying an additional 155 shares during the period. Stephens Inc. AR’s holdings in Aptiv were worth $279,000 at the end of the most recent quarter.
Several other large investors have also recently bought and sold shares of APTV. Goldman Sachs Group Inc. raised its position in Aptiv by 242.7% in the first quarter. Goldman Sachs Group Inc. now owns 8,560,781 shares of the auto parts company’s stock valued at $509,366,000 after purchasing an additional 6,062,438 shares during the last quarter. AustralianSuper Pty Ltd acquired a new position in shares of Aptiv during the first quarter worth $117,260,000. Pacer Advisors Inc. lifted its holdings in shares of Aptiv by 5,379.7% during the first quarter. Pacer Advisors Inc. now owns 1,907,379 shares of the auto parts company’s stock worth $113,489,000 after purchasing an additional 1,872,571 shares during the period. Alliancebernstein L.P. lifted its holdings in shares of Aptiv by 53.6% during the first quarter. Alliancebernstein L.P. now owns 3,515,617 shares of the auto parts company’s stock worth $209,179,000 after purchasing an additional 1,227,020 shares during the period. Finally, Nuveen LLC acquired a new position in shares of Aptiv during the first quarter worth $47,825,000. 94.21% of the stock is currently owned by institutional investors.
Insiders Place Their Bets
In other Aptiv news, CAO Allan J. Brazier sold 1,000 shares of Aptiv stock in a transaction on Thursday, September 18th. The shares were sold at an average price of $85.00, for a total value of $85,000.00. Following the completion of the sale, the chief accounting officer directly owned 49,820 shares of the company’s stock, valued at approximately $4,234,700. The trade was a 1.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.45% of the company’s stock.
Aptiv Trading Up 1.4%
Aptiv (NYSE:APTV – Get Free Report) last released its earnings results on Thursday, July 31st. The auto parts company reported $2.12 EPS for the quarter, topping the consensus estimate of $1.83 by $0.29. Aptiv had a return on equity of 18.46% and a net margin of 5.12%.The business had revenue of $5.21 billion during the quarter, compared to analysts’ expectations of $5.02 billion. During the same quarter last year, the firm posted $1.58 earnings per share. The firm’s revenue was up 3.1% on a year-over-year basis. Aptiv has set its FY 2025 guidance at 7.300-7.600 EPS. Q3 2025 guidance at 1.600-1.800 EPS. Research analysts expect that Aptiv PLC will post 7.2 earnings per share for the current year.
Analysts Set New Price Targets
A number of brokerages have recently commented on APTV. Robert W. Baird lifted their price target on shares of Aptiv from $97.00 to $105.00 and gave the stock an “outperform” rating in a report on Wednesday, October 8th. TD Cowen lifted their price target on shares of Aptiv from $94.00 to $104.00 and gave the stock a “buy” rating in a report on Thursday, October 9th. Morgan Stanley lifted their price target on shares of Aptiv from $55.00 to $60.00 and gave the stock an “underweight” rating in a report on Tuesday, August 12th. Wall Street Zen upgraded shares of Aptiv from a “buy” rating to a “strong-buy” rating in a report on Tuesday, September 23rd. Finally, Barclays raised shares of Aptiv from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $85.00 to $105.00 in a research note on Friday, September 12th. Three research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $93.35.
View Our Latest Analysis on Aptiv
About Aptiv
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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