Citigroup Has Lowered Expectations for Aptiv (NYSE:APTV) Stock Price

Aptiv (NYSE:APTV) had its price objective dropped by research analysts at Citigroup from $92.33 to $77.00 in a report issued on Monday,MarketScreener reports. The brokerage currently has a “buy” rating on the auto parts company’s stock. Citigroup’s price objective would indicate a potential upside of 48.05% from the company’s previous close.

Several other equities research analysts also recently weighed in on the company. Oppenheimer lowered their price target on Aptiv from $106.00 to $84.00 and set an “outperform” rating for the company in a report on Monday, April 13th. The Goldman Sachs Group initiated coverage on shares of Aptiv in a research report on Monday, April 13th. They issued a “buy” rating and a $74.00 price objective for the company. TD Cowen dropped their target price on shares of Aptiv from $93.00 to $90.00 and set a “buy” rating on the stock in a research report on Wednesday, April 15th. Bank of America began coverage on shares of Aptiv in a research note on Wednesday, March 4th. They set a “buy” rating on the stock. Finally, Piper Sandler lifted their price objective on shares of Aptiv from $103.00 to $106.00 in a research note on Tuesday, February 3rd. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $84.15.

Aptiv Trading Down 1.9%

APTV opened at $52.01 on Monday. The stock has a fifty day moving average price of $62.81 and a 200-day moving average price of $73.32. Aptiv has a 12 month low of $52.38 and a 12 month high of $88.93. 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 firm has a market cap of $11.01 billion, a price-to-earnings ratio of 30.90, a PEG ratio of 0.94 and a beta of 1.42.

Aptiv (NYSE:APTV) last issued its quarterly earnings results on Tuesday, May 5th. The auto parts company reported $1.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.62 by $0.09. The business had revenue of $5.09 billion for the quarter, compared to the consensus estimate of $5.03 billion. Aptiv had a return on equity of 17.83% and a net margin of 1.77%.The business’s quarterly revenue was up 5.4% on a year-over-year basis. During the same period in the prior year, the firm posted $1.69 earnings per share. Aptiv has set its FY 2026 guidance at 5.700-6.100 EPS and its Q2 2026 guidance at 1.300-1.500 EPS. As a group, equities research analysts anticipate that Aptiv will post 6.41 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Aptiv

Large investors have recently bought and sold shares of the business. Norges Bank purchased a new stake in shares of Aptiv in the fourth quarter valued at approximately $634,961,000. Ameriprise Financial Inc. acquired a new stake in Aptiv in the 3rd quarter valued at $297,917,000. Impax Asset Management Group plc increased its holdings in Aptiv by 54.5% in the 3rd quarter. Impax Asset Management Group plc now owns 4,523,145 shares of the auto parts company’s stock worth $389,986,000 after acquiring an additional 1,595,276 shares in the last quarter. Balyasny Asset Management L.P. increased its holdings in Aptiv by 6,711.4% in the 2nd 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 in the last quarter. Finally, Man Group plc raised its position in Aptiv by 155.8% during the third quarter. Man Group plc now owns 2,045,025 shares of the auto parts company’s stock worth $176,322,000 after acquiring an additional 1,245,533 shares during the period. Institutional investors and hedge funds own 94.21% of the company’s stock.

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.