Aptiv PLC $APTV Shares Sold by Parallel Advisors LLC

Parallel Advisors LLC lowered its stake in shares of Aptiv PLC (NYSE:APTV) by 28.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,206 shares of the auto parts company’s stock after selling 473 shares during the quarter. Parallel Advisors LLC’s holdings in Aptiv were worth $82,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Gamco Investors INC. ET AL increased its stake in Aptiv by 1.7% during the first quarter. Gamco Investors INC. ET AL now owns 9,760 shares of the auto parts company’s stock valued at $581,000 after purchasing an additional 160 shares during the last quarter. AlTi Global Inc. increased its stake in Aptiv by 1.6% during the first quarter. AlTi Global Inc. now owns 10,677 shares of the auto parts company’s stock valued at $635,000 after purchasing an additional 173 shares during the last quarter. Stephens Inc. AR increased its stake in Aptiv by 5.4% during the first quarter. Stephens Inc. AR now owns 3,941 shares of the auto parts company’s stock valued at $234,000 after purchasing an additional 201 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. increased its stake in Aptiv by 2.9% during the first quarter. Tokio Marine Asset Management Co. Ltd. now owns 8,443 shares of the auto parts company’s stock valued at $502,000 after purchasing an additional 235 shares during the last quarter. Finally, OLD Second National Bank of Aurora increased its stake in Aptiv by 1.0% during the first quarter. OLD Second National Bank of Aurora now owns 24,547 shares of the auto parts company’s stock valued at $1,461,000 after purchasing an additional 239 shares during the last quarter. Institutional investors and hedge funds own 94.21% of the company’s stock.

Aptiv Price Performance

Shares of NYSE APTV opened at $85.17 on Thursday. Aptiv PLC has a fifty-two week low of $47.19 and a fifty-two week high of $86.50. The firm’s 50-day simple moving average is $75.68 and its 200 day simple moving average is $67.40. The company has a quick ratio of 1.24, a current ratio of 1.76 and a debt-to-equity ratio of 0.79. The stock has a market cap of $18.55 billion, a P/E ratio of 19.49, a P/E/G 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 the consensus estimate of $1.83 by $0.29. Aptiv had a net margin of 5.12% and a return on equity of 18.46%. The firm had revenue of $5.21 billion for the quarter, compared to analysts’ expectations of $5.02 billion. During the same period in the previous year, the business earned $1.58 earnings per share. Aptiv’s revenue for the quarter was up 3.1% compared to the same quarter last year. Aptiv has set its FY 2025 guidance at 7.300-7.600 EPS. Q3 2025 guidance at 1.600-1.800 EPS. Equities analysts expect that Aptiv PLC will post 7.2 EPS for the current year.

Insider Buying and Selling

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

Analyst Ratings Changes

Several analysts have weighed in on the stock. Wolfe Research lowered shares of Aptiv from an “outperform” rating to a “peer perform” rating in a research note on Wednesday, July 2nd. Royal Bank Of Canada boosted their price target on shares of Aptiv from $85.00 to $92.00 and gave the company an “outperform” rating in a report on Tuesday, August 5th. JPMorgan Chase & Co. boosted their price target on shares of Aptiv from $85.00 to $90.00 and gave the company an “overweight” rating in a report on Friday, August 1st. Wells Fargo & Company boosted their price target on shares of Aptiv from $89.00 to $103.00 and gave the company an “overweight” rating in a report on Tuesday, September 9th. Finally, Barclays raised shares of Aptiv from an “equal weight” rating to an “overweight” rating and boosted their price target for the company from $85.00 to $105.00 in a report on Friday, September 12th. Three analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $85.53.

Aptiv 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.