Foster & Motley Inc. Purchases New Shares in Aptiv PLC $APTV

Foster & Motley Inc. acquired a new stake in shares of Aptiv PLC (NYSE:APTV) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 18,955 shares of the auto parts company’s stock, valued at approximately $1,163,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. State Street Corp boosted its stake in shares of Aptiv by 4.3% during the 4th quarter. State Street Corp now owns 10,066,712 shares of the auto parts company’s stock valued at $765,976,000 after purchasing an additional 419,375 shares in the last quarter. Norges Bank bought a new position in Aptiv in the fourth quarter worth about $634,961,000. Geode Capital Management LLC lifted its holdings in Aptiv by 1.7% in the fourth quarter. Geode Capital Management LLC now owns 5,821,615 shares of the auto parts company’s stock worth $441,289,000 after buying an additional 99,876 shares during the period. Boston Partners lifted its holdings in Aptiv by 29.2% in the third quarter. Boston Partners now owns 4,194,909 shares of the auto parts company’s stock worth $361,385,000 after buying an additional 948,327 shares during the period. Finally, Alliancebernstein L.P. boosted its position in Aptiv by 9.0% during the 2nd quarter. Alliancebernstein L.P. now owns 3,831,441 shares of the auto parts company’s stock valued at $261,381,000 after acquiring an additional 315,824 shares in the last quarter. 94.21% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, EVP Katherine H. Ramundo sold 2,000 shares of the stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $78.30, for a total transaction of $156,600.00. Following the sale, the executive vice president directly owned 163,752 shares of the company’s stock, valued at approximately $12,821,781.60. This represents a 1.21% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.06% of the company’s stock.

Aptiv Trading Up 0.8%

Aptiv stock opened at $48.97 on Thursday. Aptiv PLC has a 12 month low of $46.16 and a 12 month high of $88.93. The company has a market capitalization of $10.17 billion, a price-to-earnings ratio of 46.20, a price-to-earnings-growth ratio of 0.94 and a beta of 1.46. The business’s fifty day simple moving average is $57.47 and its two-hundred day simple moving average is $64.00. The company has a current ratio of 2.02, a quick ratio of 1.33 and a debt-to-equity ratio of 0.61.

Aptiv (NYSE:APTV) last issued its quarterly earnings results on Tuesday, August 4th. The auto parts company reported $1.63 earnings per share for the quarter, beating the consensus estimate of $1.42 by $0.21. The firm had revenue of $3.27 billion during the quarter, compared to the consensus estimate of $3.31 billion. Aptiv had a return on equity of 17.10% and a net margin of 1.17%.The company’s revenue was up 2.3% on a year-over-year basis. During the same period last year, the company earned $2.12 earnings per share. Aptiv has set its FY 2026 guidance at 5.600-5.800 EPS and its Q3 2026 guidance at 1.250-1.350 EPS. As a group, equities analysts predict that Aptiv PLC will post 5.69 earnings per share for the current fiscal year.

Analysts Set New Price Targets

APTV has been the topic of a number of research analyst reports. Evercore reiterated an “outperform” rating and set a $70.00 target price on shares of Aptiv in a report on Monday, August 10th. Piper Sandler dropped their price target on Aptiv from $106.00 to $94.00 and set an “overweight” rating on the stock in a research report on Monday, June 8th. Citigroup reduced their price target on Aptiv from $92.33 to $77.00 and set a “buy” rating on the stock in a research note on Monday, May 18th. Fox Advisors downgraded Aptiv from an “overweight” rating to an “equal weight” rating in a report on Wednesday, August 5th. Finally, Argus set a $64.00 price objective on Aptiv in a research report on Thursday, August 13th. Nineteen equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $76.50.

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.