Texas Permanent School Fund Corp Sells 10,157 Shares of Aptiv PLC $APTV

Texas Permanent School Fund Corp lessened its holdings in shares of Aptiv PLC (NYSE:APTV) by 40.8% in the 2nd quarter, Holdings Channel.com reports. The firm owned 14,720 shares of the auto parts company’s stock after selling 10,157 shares during the quarter. Texas Permanent School Fund Corp’s holdings in Aptiv were worth $1,004,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in APTV. True Wealth Design LLC increased its position in Aptiv by 83.8% in the 2nd quarter. True Wealth Design LLC now owns 397 shares of the auto parts company’s stock worth $27,000 after buying an additional 181 shares during the period. 1248 Management LLC acquired a new stake in shares of Aptiv in the first quarter worth $28,000. Geneos Wealth Management Inc. grew its stake in shares of Aptiv by 452.3% in the first quarter. Geneos Wealth Management Inc. now owns 486 shares of the auto parts company’s stock worth $29,000 after acquiring an additional 398 shares during the last quarter. Allworth Financial LP increased its position in Aptiv by 175.9% during the second quarter. Allworth Financial LP now owns 560 shares of the auto parts company’s stock worth $38,000 after acquiring an additional 357 shares during the period. Finally, Cromwell Holdings LLC raised its stake in Aptiv by 4,035.7% during the 2nd quarter. Cromwell Holdings LLC now owns 579 shares of the auto parts company’s stock valued at $39,000 after purchasing an additional 565 shares during the last quarter. Institutional investors and hedge funds own 94.21% of the company’s stock.

Aptiv Stock Performance

NYSE APTV opened at $76.77 on Thursday. Aptiv PLC has a twelve month low of $47.19 and a twelve month high of $88.80. The company has a quick ratio of 1.26, a current ratio of 1.79 and a debt-to-equity ratio of 0.80. The stock has a market cap of $16.59 billion, a P/E ratio of 60.93, a PEG ratio of 0.96 and a beta of 1.51. The company’s 50-day simple moving average is $79.54 and its 200 day simple moving average is $76.78.

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

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. Daiwa Capital Markets raised their price target on shares of Aptiv from $79.00 to $100.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 1st. Royal Bank Of Canada reiterated an “outperform” rating and issued a $101.00 target price on shares of Aptiv in a research note on Wednesday, November 19th. Wells Fargo & Company decreased their target price on Aptiv from $100.00 to $99.00 and set an “overweight” rating on the stock in a research report on Tuesday, December 9th. BNP Paribas Exane upped their price target on Aptiv from $100.00 to $107.00 in a report on Friday, November 21st. Finally, Wall Street Zen downgraded Aptiv from a “strong-buy” rating to a “buy” rating in a research report on Saturday, December 20th. Four research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $96.63.

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.