Aptiv PLC $APTV Shares Sold by IPG Investment Advisors LLC

IPG Investment Advisors LLC trimmed its holdings in shares of Aptiv PLC (NYSE:APTVFree Report) by 50.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 16,095 shares of the auto parts company’s stock after selling 16,335 shares during the quarter. IPG Investment Advisors LLC’s holdings in Aptiv were worth $1,225,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. State Street Corp increased its position in shares of Aptiv by 1.2% during the 2nd quarter. State Street Corp now owns 9,754,226 shares of the auto parts company’s stock worth $665,433,000 after purchasing an additional 111,506 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Aptiv by 1.7% during the 4th quarter. Geode Capital Management LLC now owns 5,821,615 shares of the auto parts company’s stock worth $441,289,000 after purchasing an additional 99,876 shares during the last quarter. Nordea Investment Management AB increased its position in shares of Aptiv by 34.2% during the 4th quarter. Nordea Investment Management AB now owns 4,579,726 shares of the auto parts company’s stock worth $349,067,000 after purchasing an additional 1,167,946 shares during the last quarter. Impax Asset Management Group plc increased its position in shares of Aptiv by 54.5% during 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 purchasing an additional 1,595,276 shares during the last quarter. Finally, Boston Partners increased its position in shares of Aptiv by 29.2% during the 3rd quarter. Boston Partners now owns 4,194,909 shares of the auto parts company’s stock worth $361,385,000 after purchasing an additional 948,327 shares during the last quarter. 94.21% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. TD Cowen cut their price objective on Aptiv from $93.00 to $90.00 and set a “buy” rating for the company in a research report on Wednesday, April 15th. The Goldman Sachs Group assumed coverage on Aptiv in a report on Monday, April 13th. They set a “buy” rating and a $74.00 target price for the company. Oppenheimer lowered their target price on Aptiv from $106.00 to $84.00 and set an “outperform” rating for the company in a report on Monday, April 13th. Royal Bank Of Canada lowered their target price on Aptiv from $104.00 to $81.00 and set an “outperform” rating for the company in a report on Tuesday, March 31st. Finally, Wells Fargo & Company raised their target price on Aptiv from $81.00 to $82.00 and gave the company an “overweight” rating in a report on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $82.85.

Check Out Our Latest Research Report on Aptiv

Aptiv Stock Performance

Shares of Aptiv stock opened at $61.81 on Thursday. The business has a 50-day moving average of $60.78 and a 200 day moving average of $72.06. Aptiv PLC has a 12 month low of $51.68 and a 12 month high of $88.93. The stock has a market capitalization of $13.08 billion, a price-to-earnings ratio of 36.57, a price-to-earnings-growth ratio of 1.01 and a beta of 1.42. The company has a debt-to-equity ratio of 0.98, a current ratio of 2.11 and a quick ratio of 1.57.

Aptiv (NYSE:APTVGet Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The auto parts company reported $1.71 EPS for the quarter, topping analysts’ consensus estimates 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 the consensus estimate of $5.03 billion. During the same period in the previous year, the company posted $1.69 earnings per share. The business’s revenue for the quarter was up 5.4% on a year-over-year basis. 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, sell-side analysts forecast that Aptiv PLC will post 6.41 earnings per share for the current year.

About Aptiv

(Free Report)

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

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Institutional Ownership by Quarter for Aptiv (NYSE:APTV)

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