Aptiv (NYSE:APTV) Posts Earnings Results, Beats Estimates By $0.21 EPS

Aptiv (NYSE:APTV) released its quarterly earnings data on Tuesday. The auto parts company reported $1.63 EPS for the quarter, topping analysts’ consensus estimates of $1.42 by $0.21, Zacks reports. Aptiv had a net margin of 1.77% and a return on equity of 17.83%. During the same quarter in the prior year, the business posted $2.12 earnings per share. The firm’s revenue was up 2.3% compared to the same quarter last year. Aptiv updated its FY 2026 guidance to 5.600-5.800 EPS and its Q3 2026 guidance to 1.250-1.350 EPS.

Here are the key takeaways from Aptiv’s conference call:

• Aptiv lowered its 2026 guidance, reducing midpoint revenue expectations by $300 million to $12.7 billion and forecasting adjusted EPS of $5.70. The revisions reflect weaker China production schedules, delayed program launches and ramps, and timing of enterprise software sales.
• Second-quarter revenue rose 2% to $3.3 billion, while adjusted EBITDA margin expanded 10 basis points to 18.6%. North America and Asia-Pacific growth helped offset an 8% revenue decline in Europe and a 1% decline in automotive revenue.
• Non-automotive revenue grew 12%, with momentum in diversified industrials, aerospace and defense, software and services, energy storage, robotics, drones and data centers. Aptiv expects robotics and drone revenue to reach approximately $300 million annually over the next few years, and cited a drone award with more than $500 million in lifetime revenue potential.
• Aptiv reported $5 billion of second-quarter bookings and $10 billion year to date, keeping it on track toward its $20 billion full-year target. The company also repurchased $250 million of shares in the quarter and plans to exceed $600 million in repurchases for 2026.

Aptiv Price Performance

NYSE:APTV traded down $9.95 during mid-day trading on Tuesday, reaching $47.28. 4,446,615 shares of the company were exchanged, compared to its average volume of 2,905,955. The company has a quick ratio of 1.57, a current ratio of 2.11 and a debt-to-equity ratio of 0.98. The stock has a market cap of $10.01 billion, a PE ratio of 28.20, a PEG ratio of 1.05 and a beta of 1.46. Aptiv has a 12 month low of $47.40 and a 12 month high of $88.93. The company has a fifty day moving average of $62.11 and a 200 day moving average of $66.54.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on APTV shares. TD Cowen reissued a “buy” rating on shares of Aptiv in a research report on Friday, June 12th. Fox Advisors decreased their price objective on Aptiv from $110.00 to $70.00 in a report on Friday, May 8th. BNP Paribas Exane lowered their price objective on Aptiv from $107.00 to $83.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 14th. Oppenheimer dropped 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. Finally, Barclays decreased their price target on Aptiv from $77.00 to $73.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 6th. Twenty-two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Aptiv currently has a consensus rating of “Moderate Buy” and an average price target of $82.50.

Insider Buying and Selling at Aptiv

In other Aptiv news, EVP Katherine H. Ramundo sold 2,000 shares of the business’s stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $78.30, for a total value of $156,600.00. Following the completion of the transaction, the executive vice president directly owned 163,752 shares of the company’s stock, valued at approximately $12,821,781.60. The trade was a 1.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.06% of the company’s stock.

Institutional Trading of Aptiv

Hedge funds and other institutional investors have recently modified their holdings of the stock. Brown Brothers Harriman & Co. grew its position in shares of Aptiv by 81.2% during the 4th quarter. Brown Brothers Harriman & Co. now owns 1,029 shares of the auto parts company’s stock worth $78,000 after buying an additional 461 shares during the period. Zions Bancorporation National Association UT raised its position in shares of Aptiv by 220.6% in the 4th quarter. Zions Bancorporation National Association UT now owns 1,696 shares of the auto parts company’s stock valued at $129,000 after acquiring an additional 1,167 shares during the period. Parallel Advisors LLC raised its position in shares of Aptiv by 14.9% in the 4th quarter. Parallel Advisors LLC now owns 1,477 shares of the auto parts company’s stock valued at $112,000 after acquiring an additional 192 shares during the period. Wexford Capital LP bought a new position in Aptiv during the 3rd quarter worth approximately $69,000. Finally, CreativeOne Wealth LLC acquired a new position in Aptiv during the third quarter valued at approximately $204,000. Institutional investors and hedge funds own 94.21% of the company’s stock.

Key Aptiv News

Here are the key news stories impacting Aptiv this week:

• Positive Sentiment: Aptiv reported adjusted second-quarter earnings of $1.63 per share, above the $1.42 analyst consensus. Revenue increased 2% year over year to approximately $3.3 billion, while adjusted EBITDA rose to $613 million from $547 million. Aptiv PLC Q2 Earnings Surpass Estimates
• Positive Sentiment: The company completed the spin-off of its Electrical Distribution Systems segment and received a $1.9 billion dividend related to the transaction. Aptiv also repurchased 4.1 million shares for $250 million during the quarter, with $1.8 billion remaining under its buyback authorization. Aptiv Reports Second Quarter 2026 Financial Results
• Neutral Sentiment: Aptiv’s adjusted results were stronger than expected, but reported earnings from continuing operations were $1.40 per diluted share, compared with $2.12 a year earlier. Net income attributable to Aptiv declined to $248 million from $393 million, although revenue and EBITDA improved. Aptiv Q2 Earnings Key Metrics
• Negative Sentiment: Third-quarter guidance was materially below expectations: EPS of $1.25–$1.35 versus the $1.61 consensus and revenue of $3.1–$3.2 billion versus $3.3 billion expected.
• Negative Sentiment: Full-year 2026 guidance also fell short of forecasts, with EPS of $5.60–$5.80 versus $6.16 expected and revenue of $12.6–$12.8 billion versus $14.4 billion expected. The outlook reduction is the primary reason investors are selling APTV despite the quarterly earnings beat.

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.