AustralianSuper Pty Ltd increased its position in shares of Aptiv PLC (NYSE:APTV – Free Report) by 1.2% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 1,240,700 shares of the auto parts company’s stock after buying an additional 14,640 shares during the quarter. AustralianSuper Pty Ltd’s holdings in Aptiv were worth $94,405,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in APTV. Saranac Partners Ltd acquired a new stake in shares of Aptiv in the third quarter valued at approximately $25,000. Foster Dykema Cabot & Partners LLC acquired a new position in shares of Aptiv in the 3rd quarter valued at $30,000. Root Financial Partners LLC purchased a new stake in Aptiv in the 3rd quarter valued at $31,000. Geneos Wealth Management Inc. boosted its stake in Aptiv by 452.3% during the 1st 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 period. Finally, GPS Wealth Strategies Group LLC acquired a new stake in Aptiv during the 3rd quarter worth $43,000. Hedge funds and other institutional investors own 94.21% of the company’s stock.
Wall Street Analyst Weigh In
A number of research analysts have commented on the stock. Royal Bank Of Canada dropped their price objective on shares of Aptiv from $104.00 to $81.00 and set an “outperform” rating on the stock in a research note on Tuesday, March 31st. TD Cowen decreased their target price on shares of Aptiv from $93.00 to $90.00 and set a “buy” rating for the company in a research note on Wednesday, April 15th. Zacks Research cut Aptiv from a “hold” rating to a “strong sell” rating in a research report on Monday, April 27th. Weiss Ratings raised Aptiv from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, May 6th. Finally, The Goldman Sachs Group started coverage on Aptiv in a research report on Monday, April 13th. They set a “buy” rating and a $74.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $84.82.
Aptiv Stock Performance
NYSE APTV opened at $57.61 on Friday. The company has a current ratio of 2.11, a quick ratio of 1.57 and a debt-to-equity ratio of 0.98. The business’s 50 day moving average is $63.58 and its two-hundred day moving average is $73.78. Aptiv PLC has a 12-month low of $52.38 and a 12-month high of $88.93. The stock has a market capitalization of $12.19 billion, a price-to-earnings ratio of 34.09, a PEG ratio of 0.94 and a beta of 1.42.
Aptiv (NYSE:APTV – Get Free Report) last posted its quarterly earnings results on Tuesday, May 5th. The auto parts company reported $1.71 EPS for the quarter, beating the consensus estimate of $1.62 by $0.09. Aptiv had a return on equity of 17.83% and a net margin of 1.77%.The business had revenue of $5.09 billion during the quarter, compared to analysts’ expectations of $5.03 billion. During the same period last year, the firm earned $1.69 EPS. The company’s quarterly revenue was up 5.4% compared to the same quarter last year. Aptiv has set its FY 2026 guidance at 5.700-6.100 EPS and its Q2 2026 guidance at 1.300-1.500 EPS. Research analysts expect that Aptiv PLC will post 6.39 EPS for the current year.
Aptiv 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.
See Also
- Five stocks we like better than Aptiv
- YETI Rallies After Earnings Beat and Raised Outlook
- How the 3 Leading Quantum Firms Stack Up After Q1 Earnings
- Cisco’s Vertical Rally May Still Be in the Early Innings
- Amazon vs. Alibaba: One Is Clearly The Better Value Play right Now
Want to see what other hedge funds are holding APTV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Aptiv PLC (NYSE:APTV – Free Report).
Receive News & Ratings for Aptiv Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aptiv and related companies with MarketBeat.com's FREE daily email newsletter.
