Aptiv (NYSE:APTV) Sets New 52-Week High – What’s Next?

Aptiv PLC (NYSE:APTV)’s share price hit a new 52-week high on Friday . The company traded as high as $88.81 and last traded at $88.7170, with a volume of 2515306 shares traded. The stock had previously closed at $86.45.

Analyst Upgrades and Downgrades

APTV has been the topic of a number of recent analyst reports. Wells Fargo & Company decreased their price objective on shares of Aptiv from $100.00 to $99.00 and set an “overweight” rating on the stock in a research note on Tuesday, December 9th. Evercore ISI boosted their price target on Aptiv from $95.00 to $100.00 and gave the stock an “outperform” rating in a report on Monday, November 24th. Zacks Research upgraded Aptiv from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 9th. Morgan Stanley set a $84.00 target price on Aptiv and gave the company an “equal weight” rating in a research report on Monday, December 8th. Finally, Argus boosted their target price on Aptiv from $78.00 to $99.00 in a research note on Monday, November 10th. Four analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $97.47.

Aptiv Price Performance

The stock has a market cap of $19.17 billion, a P/E ratio of 70.41, a P/E/G ratio of 0.96 and a beta of 1.50. The company’s 50 day moving average price is $78.30 and its 200-day moving average price is $77.54. The company has a quick ratio of 1.26, a current ratio of 1.79 and a debt-to-equity ratio of 0.80.

Aptiv (NYSE:APTV) last posted its quarterly earnings data on Thursday, October 30th. The auto parts company reported $2.17 EPS for the quarter, topping 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 analyst estimates of $5.05 billion. During the same period in the previous year, the firm earned $1.83 earnings per share. The firm’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, sell-side analysts expect that Aptiv PLC will post 7.2 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. True Wealth Design LLC increased its stake in Aptiv by 31.5% during the third quarter. True Wealth Design LLC now owns 522 shares of the auto parts company’s stock worth $45,000 after acquiring an additional 125 shares during the last quarter. Ashton Thomas Private Wealth LLC boosted its holdings in shares of Aptiv by 2.3% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 6,776 shares of the auto parts company’s stock worth $584,000 after purchasing an additional 151 shares during the period. Stephens Inc. AR increased its position in shares of Aptiv by 3.9% during the 2nd quarter. Stephens Inc. AR now owns 4,096 shares of the auto parts company’s stock valued at $279,000 after purchasing an additional 155 shares during the last quarter. CI Investments Inc. increased its position in shares of Aptiv by 11.6% during the 3rd quarter. CI Investments Inc. now owns 1,564 shares of the auto parts company’s stock valued at $135,000 after purchasing an additional 163 shares during the last quarter. Finally, Everhart Financial Group Inc. raised its holdings in Aptiv by 4.9% during the 4th quarter. Everhart Financial Group Inc. now owns 3,601 shares of the auto parts company’s stock valued at $274,000 after buying an additional 167 shares during the period. 94.21% of the stock is owned by institutional investors.

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.