Nan Shan Life Insurance Co. Ltd. Has $30.51 Million Position in Aptiv PLC $APTV

Nan Shan Life Insurance Co. Ltd. trimmed its stake in Aptiv PLC (NYSE:APTV) by 27.7% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 497,022 shares of the auto parts company’s stock after selling 190,440 shares during the quarter. Nan Shan Life Insurance Co. Ltd.’s holdings in Aptiv were worth $30,507,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Westpac Banking Corp increased its position in Aptiv by 6.6% in the 4th quarter. Westpac Banking Corp now owns 1,905 shares of the auto parts company’s stock valued at $145,000 after acquiring an additional 118 shares during the period. Sivia Capital Partners LLC boosted its position in shares of Aptiv by 3.3% during the 4th quarter. Sivia Capital Partners LLC now owns 3,734 shares of the auto parts company’s stock valued at $284,000 after purchasing an additional 120 shares in the last quarter. Advisors Asset Management Inc. lifted its position in shares of Aptiv by 4.2% during the 4th quarter. Advisors Asset Management Inc. now owns 3,559 shares of the auto parts company’s stock valued at $271,000 after acquiring an additional 143 shares during the period. Benjamin Edwards Inc. grew its stake in shares of Aptiv by 0.5% in the 4th quarter. Benjamin Edwards Inc. now owns 34,728 shares of the auto parts company’s stock valued at $2,642,000 after buying an additional 156 shares during the period. Finally, Unified Investment Management boosted its holdings in Aptiv by 1.3% in the fourth quarter. Unified Investment Management now owns 12,384 shares of the auto parts company’s stock worth $942,000 after acquiring an additional 161 shares in the last quarter. 94.21% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

APTV has been the topic of several recent research reports. Citigroup dropped their target price on Aptiv from $92.33 to $77.00 and set a “buy” rating on the stock in a research report on Monday, May 18th. Evercore restated an “outperform” rating and issued a $70.00 price objective on shares of Aptiv in a research report on Monday, August 10th. Argus set a $64.00 price target on Aptiv in a research report on Thursday, August 13th. Robert W. Baird set a $59.00 price objective on shares of Aptiv in a research report on Wednesday, August 5th. Finally, Wells Fargo & Company dropped their price target on shares of Aptiv from $77.00 to $66.00 and set an “overweight” rating on the stock in a research note on Wednesday, August 5th. Nineteen analysts have rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $76.50.

Aptiv Stock Up 0.5%

Shares of NYSE APTV opened at $44.99 on Wednesday. The business’s 50 day moving average is $54.13 and its two-hundred day moving average is $61.81. The company has a quick ratio of 1.33, a current ratio of 2.02 and a debt-to-equity ratio of 0.61. Aptiv PLC has a 52-week low of $44.52 and a 52-week high of $88.93. The firm has a market cap of $9.34 billion, a price-to-earnings ratio of 42.44, a PEG ratio of 0.87 and a beta of 1.45.

Aptiv (NYSE:APTV) last released its earnings results on Tuesday, August 4th. The auto parts company reported $1.63 earnings per share for the quarter, topping analysts’ consensus estimates of $1.42 by $0.21. The firm had revenue of $3.27 billion for the quarter, compared to analyst estimates of $3.31 billion. Aptiv had a net margin of 1.17% and a return on equity of 17.10%. The business’s quarterly revenue was up 2.3% compared to the same quarter last year. During the same period in the prior year, the firm 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. Research analysts predict that Aptiv PLC will post 5.69 EPS for the current year.

About Aptiv

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.