Aptiv (NYSE:APTV) Hits New 52-Week High After Analyst Upgrade

Shares of Aptiv PLC (NYSE:APTV) hit a new 52-week high on Tuesday after Wall Street Zen upgraded the stock from a buy rating to a strong-buy rating. The stock traded as high as $86.50 and last traded at $86.22, with a volume of 380925 shares. The stock had previously closed at $85.39.

APTV has been the topic of several other reports. Barclays raised Aptiv from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $85.00 to $105.00 in a research note on Friday, September 12th. Wells Fargo & Company upped their price target on Aptiv from $89.00 to $103.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 9th. Oppenheimer upped their price target on Aptiv from $88.00 to $92.00 and gave the stock an “outperform” rating in a research note on Thursday, September 11th. Guggenheim cut Aptiv from a “buy” rating to a “neutral” rating in a research note on Wednesday, June 4th. Finally, UBS Group boosted their target price on Aptiv from $66.00 to $75.00 and gave the stock a “neutral” rating in a report on Monday, July 14th. Three analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $85.53.

Insiders Place Their Bets

In other Aptiv news, CAO Allan J. Brazier sold 1,000 shares of the stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $85.00, for a total value of $85,000.00. Following the transaction, the chief accounting officer owned 49,820 shares of the company’s stock, valued at approximately $4,234,700. This represents a 1.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.45% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Zions Bancorporation National Association UT bought a new position in Aptiv in the first quarter valued at about $26,000. True Wealth Design LLC increased its position in Aptiv by 83.8% in the second quarter. True Wealth Design LLC now owns 397 shares of the auto parts company’s stock worth $27,000 after buying an additional 181 shares in the last quarter. 1248 Management LLC purchased a new stake in Aptiv in the first quarter worth about $28,000. Geneos Wealth Management Inc. increased its position in Aptiv by 452.3% in the first quarter. Geneos Wealth Management Inc. now owns 486 shares of the auto parts company’s stock worth $29,000 after buying an additional 398 shares in the last quarter. Finally, Mather Group LLC. increased its position in Aptiv by 155.2% in the first quarter. Mather Group LLC. now owns 633 shares of the auto parts company’s stock worth $38,000 after buying an additional 385 shares in the last quarter. Institutional investors own 94.21% of the company’s stock.

Aptiv Stock Performance

The company has a debt-to-equity ratio of 0.79, a current ratio of 1.76 and a quick ratio of 1.24. The business has a 50-day simple moving average of $75.38 and a 200 day simple moving average of $67.27. The firm has a market cap of $18.63 billion, a PE ratio of 19.57, a PEG ratio of 0.95 and a beta of 1.48.

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

Aptiv Company Profile

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.