Oppenheimer Issues Positive Forecast for Aptiv (NYSE:APTV) Stock Price

Aptiv (NYSE:APTV) had its price objective raised by Oppenheimer from $88.00 to $92.00 in a research note issued to investors on Thursday morning,Benzinga reports. They currently have an outperform rating on the auto parts company’s stock.

Several other research firms have also recently weighed in on APTV. Wall Street Zen cut shares of Aptiv from a “buy” rating to a “hold” rating in a report on Sunday, September 7th. Wolfe Research cut shares of Aptiv from an “outperform” rating to a “peer perform” rating in a report on Wednesday, July 2nd. Guggenheim cut shares of Aptiv from a “buy” rating to a “neutral” rating in a report on Wednesday, June 4th. Royal Bank Of Canada upped their price target on shares of Aptiv from $85.00 to $92.00 and gave the stock an “outperform” rating in a report on Tuesday, August 5th. Finally, Bank of America upped their price target on shares of Aptiv from $85.00 to $95.00 and gave the stock a “buy” rating in a report on Wednesday. Three research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $84.20.

Aptiv Trading Up 2.7%

Shares of APTV stock opened at $83.81 on Thursday. The company’s fifty day simple moving average is $73.24 and its two-hundred day simple moving average is $66.21. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.76 and a quick ratio of 1.24. Aptiv has a 1 year low of $47.19 and a 1 year high of $84.47. The stock has a market capitalization of $18.25 billion, a price-to-earnings ratio of 19.18, a PEG ratio of 0.91 and a beta of 1.48.

Aptiv (NYSE:APTV) last issued its earnings results on Thursday, July 31st. The auto parts company reported $2.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.83 by $0.29. The business had revenue of $5.21 billion for the quarter, compared to analysts’ expectations of $5.02 billion. Aptiv had a net margin of 5.12% and a return on equity of 18.46%. The business’s revenue for the quarter was up 3.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.58 EPS. Aptiv has set its FY 2025 guidance at 7.300-7.600 EPS. Q3 2025 guidance at 1.600-1.800 EPS. As a group, analysts anticipate that Aptiv will post 7.2 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in APTV. Stephens Inc. AR boosted its stake in shares of Aptiv by 3.9% during the 2nd quarter. Stephens Inc. AR now owns 4,096 shares of the auto parts company’s stock worth $279,000 after acquiring an additional 155 shares during the last quarter. Gamco Investors INC. ET AL boosted its stake in shares of Aptiv by 1.7% during the 1st quarter. Gamco Investors INC. ET AL now owns 9,760 shares of the auto parts company’s stock worth $581,000 after acquiring an additional 160 shares during the last quarter. AlTi Global Inc. boosted its stake in shares of Aptiv by 1.6% during the 1st quarter. AlTi Global Inc. now owns 10,677 shares of the auto parts company’s stock worth $635,000 after acquiring an additional 173 shares during the last quarter. Steward Partners Investment Advisory LLC boosted its stake in shares of Aptiv by 18.5% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 1,148 shares of the auto parts company’s stock worth $78,000 after acquiring an additional 179 shares during the last quarter. Finally, True Wealth Design LLC boosted its stake in shares of Aptiv by 83.8% during the 2nd quarter. True Wealth Design LLC now owns 397 shares of the auto parts company’s stock worth $27,000 after acquiring an additional 181 shares during the last quarter. 94.21% of the stock is currently owned by hedge funds and other institutional investors.

About Aptiv

Aptiv PLC engages in design, manufacture, and sale of vehicle components in North America, Europe, Middle East, Africa, the Asia Pacific, South America, and internationally. The company provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets. It operates through two segments, Signal and Power Solutions, and Advanced Safety and User Experience.