Aptiv (NYSE:APTV – Get Free Report) had its price target decreased by equities researchers at TD Cowen from $108.00 to $93.00 in a note issued to investors on Thursday,MarketScreener reports. The brokerage currently has a “buy” rating on the auto parts company’s stock. TD Cowen’s price objective points to a potential upside of 49.95% from the stock’s current price.
A number of other equities research analysts have also recently commented on APTV. Zacks Research cut Aptiv from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 23rd. HSBC lowered their target price on shares of Aptiv from $96.00 to $81.32 and set a “buy” rating for the company in a research note on Wednesday. Bank of America started coverage on shares of Aptiv in a report on Wednesday, March 4th. They issued a “buy” rating for the company. Wolfe Research raised shares of Aptiv from a “peer perform” rating to an “outperform” rating and set a $91.00 price objective on the stock in a report on Friday, March 6th. Finally, US Capital Advisors set a $110.00 target price on Aptiv in a research report on Tuesday, January 13th. Eighteen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, Aptiv presently has a consensus rating of “Moderate Buy” and an average target price of $94.47.
Read Our Latest Report on Aptiv
Aptiv Trading Down 10.7%
Aptiv (NYSE:APTV – Get Free Report) last issued its quarterly earnings data on Monday, February 2nd. The auto parts company reported $1.86 EPS for the quarter, beating the consensus estimate of $1.82 by $0.04. The firm had revenue of $5.15 billion during the quarter, compared to analyst estimates of $5.07 billion. Aptiv had a return on equity of 18.22% and a net margin of 0.81%.The business’s revenue for the quarter was up 5.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.75 EPS. Aptiv has set its Q1 2026 guidance at 1.550-1.750 EPS and its FY 2026 guidance at 8.150-8.750 EPS. As a group, equities research analysts anticipate that Aptiv will post 7.2 earnings per share for the current fiscal year.
Insider Activity at Aptiv
In other news, EVP Katherine H. Ramundo sold 5,000 shares of the stock in a transaction on Thursday, January 8th. The shares were sold at an average price of $85.00, for a total value of $425,000.00. Following the sale, the executive vice president owned 116,959 shares in the company, valued at $9,941,515. This represents a 4.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.06% of the stock is owned by company insiders.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Norges Bank purchased a new stake in Aptiv in the fourth quarter valued at $634,961,000. Ameriprise Financial Inc. acquired a new position in shares of Aptiv in the 3rd quarter valued at about $297,917,000. Nordea Investment Management AB lifted its holdings in shares of Aptiv by 14,336.5% in the 3rd quarter. Nordea Investment Management AB now owns 3,411,780 shares of the auto parts company’s stock valued at $291,127,000 after buying an additional 3,388,147 shares during the period. Impax Asset Management Group plc boosted its stake in shares of Aptiv by 54.5% in the third quarter. Impax Asset Management Group plc now owns 4,523,145 shares of the auto parts company’s stock worth $389,986,000 after buying an additional 1,595,276 shares during the last quarter. Finally, Balyasny Asset Management L.P. grew its holdings in Aptiv by 6,711.4% during the second quarter. Balyasny Asset Management L.P. now owns 1,434,076 shares of the auto parts company’s stock worth $97,833,000 after acquiring an additional 1,413,022 shares during the period. 94.21% of the stock is currently owned by institutional investors and hedge funds.
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.
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