83,528 Aptiv PLC $APTV Shares Sold by Douglas Lane & Associates LLC

Douglas Lane & Associates LLC trimmed its position in shares of Aptiv PLC (NYSE:APTV) by 8.8% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 865,339 shares of the auto parts company’s stock after selling 83,528 shares during the quarter. Douglas Lane & Associates LLC owned approximately 0.42% of Aptiv worth $37,227,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Bank of New York Mellon Corp bought a new stake in shares of Aptiv during the second quarter valued at approximately $61,065,000. Swedbank AB lifted its position in Aptiv by 164.1% during the first quarter. Swedbank AB now owns 1,281,837 shares of the auto parts company’s stock valued at $89,011,000 after buying an additional 796,480 shares during the period. Pacer Advisors Inc. lifted its position in Aptiv by 53.2% during the fourth quarter. Pacer Advisors Inc. now owns 2,213,657 shares of the auto parts company’s stock valued at $168,437,000 after buying an additional 768,630 shares during the period. Cooper Creek Partners Management LLC bought a new stake in shares of Aptiv during the 1st quarter valued at $48,166,000. Finally, SG Americas Securities LLC grew its position in shares of Aptiv by 544.7% in the 1st quarter. SG Americas Securities LLC now owns 711,959 shares of the auto parts company’s stock worth $49,438,000 after buying an additional 601,533 shares during the period. Hedge funds and other institutional investors own 94.21% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on APTV shares. TD Cowen dropped their price objective on shares of Aptiv from $90.00 to $77.00 and set a “buy” rating on the stock in a research note on Wednesday, August 5th. Wells Fargo & Company decreased their target price on shares of Aptiv from $77.00 to $66.00 and set an “overweight” rating for the company in a research note on Wednesday, August 5th. Barclays dropped their price target on Aptiv from $65.00 to $60.00 and set an “overweight” rating on the stock in a research report on Friday. Fox Advisors downgraded Aptiv from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, August 5th. Finally, Morgan Stanley lowered Aptiv from an “overweight” rating to an “equal weight” rating and reduced their price objective for the company from $71.00 to $55.00 in a research report on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, Aptiv presently has a consensus rating of “Moderate Buy” and a consensus price target of $72.64.

Aptiv Stock Performance

NYSE APTV traded down $0.35 during trading hours on Friday, hitting $43.86. The company’s stock had a trading volume of 610,429 shares, compared to its average volume of 3,306,204. Aptiv PLC has a 12 month low of $42.56 and a 12 month high of $88.93. The company’s 50 day simple moving average is $46.39 and its two-hundred day simple moving average is $55.99. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.02 and a quick ratio of 1.33. The company has a market cap of $9.11 billion, a P/E ratio of 41.37, a price-to-earnings-growth ratio of 0.86 and a beta of 1.48.

Aptiv (NYSE:APTV) last announced its quarterly earnings results on Tuesday, August 4th. The auto parts company reported $1.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.42 by $0.21. Aptiv had a net margin of 1.17% and a return on equity of 17.10%. The firm had revenue of $3.27 billion for the quarter, compared to the consensus estimate of $3.31 billion. During the same quarter last year, the firm posted $2.12 EPS. The business’s quarterly revenue was up 2.3% compared to the same quarter last year. 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, sell-side analysts expect that Aptiv PLC will post 5.68 EPS for the current fiscal year.

About Aptiv

Aptiv PLC (NYSE: APTV) is a global automotive technology company that develops hardware, software and systems designed to support safer, more connected and increasingly automated vehicles. Its products help automakers manage vehicle data, electrical power, computing, communications and advanced driver-assistance functions.

The company’s offerings include vehicle electrical and electronic architectures, wiring and connection systems, high-voltage components for electrified vehicles, automotive computing platforms, sensing technologies and software.