Wall Street Zen Downgrades Aptiv (NYSE:APTV) to Hold

Aptiv (NYSE:APTV) was downgraded by investment analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued to investors on Sunday.

Several other research analysts also recently commented on the company. Robert W. Baird raised their price objective on Aptiv from $84.00 to $97.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 3rd. Morgan Stanley raised their price objective on Aptiv from $55.00 to $60.00 and gave the stock an “underweight” rating in a research note on Tuesday, August 12th. Royal Bank Of Canada lifted their target price on Aptiv from $85.00 to $92.00 and gave the company an “outperform” rating in a research note on Tuesday, August 5th. Piper Sandler set a $70.00 target price on Aptiv and gave the company a “neutral” rating in a research note on Thursday, May 22nd. Finally, Guggenheim downgraded Aptiv from a “buy” rating to a “neutral” rating in a research note on Wednesday, June 4th. Three analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $82.33.

Aptiv Stock Up 2.2%

NYSE APTV opened at $82.25 on Friday. The stock’s 50-day moving average price is $72.61 and its 200-day moving average price is $65.87. The company has a quick ratio of 1.24, a current ratio of 1.76 and a debt-to-equity ratio of 0.79. Aptiv has a 52 week low of $47.19 and a 52 week high of $82.35. The company has a market capitalization of $17.91 billion, a P/E ratio of 18.82, a price-to-earnings-growth ratio of 0.90 and a beta of 1.48.

Aptiv (NYSE:APTV) last posted its quarterly earnings data 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 firm had revenue of $5.21 billion for the quarter, compared to the consensus estimate of $5.02 billion. During the same quarter last year, the company earned $1.58 earnings per share. The business’s revenue for the quarter was up 3.1% compared to the same quarter last year. Aptiv has set its FY 2025 guidance at 7.300-7.600 EPS. Q3 2025 guidance at 1.600-1.800 EPS. On average, equities research analysts predict that Aptiv will post 7.2 earnings per share for the current year.

Hedge Funds Weigh In On Aptiv

Large investors have recently modified their holdings of the stock. Middleton & Co. Inc. MA grew its position in Aptiv by 63.1% in the 1st quarter. Middleton & Co. Inc. MA now owns 33,668 shares of the auto parts company’s stock valued at $2,003,000 after acquiring an additional 13,026 shares during the last quarter. Principal Financial Group Inc. lifted its holdings in shares of Aptiv by 3.5% in the 1st quarter. Principal Financial Group Inc. now owns 282,787 shares of the auto parts company’s stock worth $16,826,000 after buying an additional 9,552 shares during the period. Crossmark Global Holdings Inc. lifted its holdings in shares of Aptiv by 89.5% in the 1st quarter. Crossmark Global Holdings Inc. now owns 22,411 shares of the auto parts company’s stock worth $1,333,000 after buying an additional 10,585 shares during the period. GAMMA Investing LLC lifted its holdings in shares of Aptiv by 348.2% in the 1st quarter. GAMMA Investing LLC now owns 2,752 shares of the auto parts company’s stock worth $164,000 after buying an additional 2,138 shares during the period. Finally, Envestnet Asset Management Inc. lifted its holdings in shares of Aptiv by 5.5% in the 1st quarter. Envestnet Asset Management Inc. now owns 303,652 shares of the auto parts company’s stock worth $18,067,000 after buying an additional 15,849 shares during the period. Institutional investors own 94.21% of the company’s stock.

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.