Traub Capital Management LLC Invests $264,000 in Aptiv PLC $APTV

Traub Capital Management LLC purchased a new position in shares of Aptiv PLC (NYSE:APTVFree Report) during the 2nd quarter, Holdings Channel reports. The institutional investor purchased 3,873 shares of the auto parts company’s stock, valued at approximately $264,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Zions Bancorporation National Association UT acquired a new stake in Aptiv during the first quarter valued at approximately $26,000. True Wealth Design LLC increased its holdings in shares of Aptiv by 83.8% in the 2nd quarter. True Wealth Design LLC now owns 397 shares of the auto parts company’s stock valued at $27,000 after acquiring an additional 181 shares during the last quarter. 1248 Management LLC acquired a new stake in shares of Aptiv during the 1st quarter valued at approximately $28,000. Geneos Wealth Management Inc. lifted its stake in Aptiv by 452.3% during the first quarter. Geneos Wealth Management Inc. now owns 486 shares of the auto parts company’s stock worth $29,000 after purchasing an additional 398 shares during the last quarter. Finally, Allworth Financial LP increased its stake in Aptiv by 175.9% during the second quarter. Allworth Financial LP now owns 560 shares of the auto parts company’s stock valued at $38,000 after purchasing an additional 357 shares during the last quarter. 94.21% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on APTV shares. TD Cowen increased their price objective on shares of Aptiv from $104.00 to $107.00 and gave the stock a “buy” rating in a research note on Friday, October 31st. Citigroup started coverage on Aptiv in a research report on Friday, October 10th. They set a “buy” rating and a $109.00 price target on the stock. Barclays upgraded Aptiv from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $85.00 to $105.00 in a research report on Friday, September 12th. Wall Street Zen raised Aptiv from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, September 23rd. Finally, Daiwa Capital Markets boosted their price target on shares of Aptiv from $79.00 to $100.00 and gave the company an “outperform” rating in a report on Wednesday, October 1st. Three analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $94.79.

Check Out Our Latest Analysis on Aptiv

Insider Activity at Aptiv

In related news, CAO Allan J. Brazier sold 1,000 shares of Aptiv stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $85.00, for a total transaction of $85,000.00. Following the transaction, the chief accounting officer directly owned 49,820 shares of the company’s stock, valued at $4,234,700. The trade was a 1.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.45% of the company’s stock.

Aptiv Stock Down 1.3%

Aptiv stock opened at $75.85 on Wednesday. Aptiv PLC has a 52 week low of $47.19 and a 52 week high of $88.80. The stock has a market cap of $16.39 billion, a price-to-earnings ratio of 60.20, a PEG ratio of 0.79 and a beta of 1.58. The company’s 50-day moving average price is $83.67 and its two-hundred day moving average price is $74.86. The company has a current ratio of 1.79, a quick ratio of 1.26 and a debt-to-equity ratio of 0.80.

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

About Aptiv

(Free Report)

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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Institutional Ownership by Quarter for Aptiv (NYSE:APTV)

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