Aptiv (NYSE:APTV) Given New $106.00 Price Target at Wells Fargo & Company

Aptiv (NYSE:APTV) had its price objective lifted by Wells Fargo & Company from $103.00 to $106.00 in a research report sent to investors on Thursday, Marketbeat reports. They currently have an overweight rating on the auto parts company’s stock.

A number of other equities analysts have also commented on APTV. 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 research report on Friday, August 1st. Wolfe Research lowered shares of Aptiv from an “outperform” rating to a “peer perform” rating in a research report 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 research report on Tuesday, August 5th. Morgan Stanley boosted their price target on shares of Aptiv from $55.00 to $60.00 and gave the company an “underweight” rating in a research report on Tuesday, August 12th. Finally, Robert W. Baird boosted their price target on shares of Aptiv from $84.00 to $97.00 and gave the company an “outperform” rating in a research report on Wednesday, September 3rd. Three research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Aptiv has a consensus rating of “Moderate Buy” and an average target price of $85.73.

Aptiv Price Performance

Shares of Aptiv stock opened at $84.80 on Thursday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.24 and a current ratio of 1.76. The firm’s 50-day simple moving average is $75.98 and its 200-day simple moving average is $67.54. Aptiv has a twelve month low of $47.19 and a twelve month high of $86.50. The firm has a market cap of $18.47 billion, a P/E ratio of 19.40, a price-to-earnings-growth ratio of 0.95 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 for the quarter, beating the consensus estimate of $1.83 by $0.29. The business had revenue of $5.21 billion for the quarter, compared to analyst estimates of $5.02 billion. Aptiv had a net margin of 5.12% and a return on equity of 18.46%. The firm’s revenue was up 3.1% on a year-over-year basis. During the same period in the previous year, the business earned $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, research analysts expect that Aptiv will post 7.2 EPS for the current fiscal year.

Insider Buying and Selling at Aptiv

In related news, CAO Allan J. Brazier sold 1,000 shares of the business’s stock in a transaction that occurred on Thursday, September 18th. The shares were sold at an average price of $85.00, for a total transaction of $85,000.00. Following the completion of the sale, the chief accounting officer directly owned 49,820 shares of the company’s stock, valued at $4,234,700. The trade was a 1.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 0.45% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Aptiv

A number of institutional investors and hedge funds have recently modified their holdings of the business. Orion Porfolio Solutions LLC raised its stake in shares of Aptiv by 2.7% during the second quarter. Orion Porfolio Solutions LLC now owns 27,116 shares of the auto parts company’s stock worth $1,850,000 after buying an additional 703 shares during the last quarter. Advisory Services Network LLC raised its stake in shares of Aptiv by 5.3% during the second quarter. Advisory Services Network LLC now owns 16,754 shares of the auto parts company’s stock worth $1,150,000 after buying an additional 837 shares during the last quarter. State of Wyoming raised its stake in shares of Aptiv by 10.0% during the second quarter. State of Wyoming now owns 7,504 shares of the auto parts company’s stock worth $512,000 after buying an additional 684 shares during the last quarter. Hudson Bay Capital Management LP grew its holdings in Aptiv by 73.8% during the second quarter. Hudson Bay Capital Management LP now owns 61,009 shares of the auto parts company’s stock valued at $4,162,000 after purchasing an additional 25,909 shares during the period. Finally, CYBER HORNET ETFs LLC acquired a new position in Aptiv during the second quarter valued at approximately $50,000. 94.21% of the stock is owned by 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.