Aptiv PLC $APTV Shares Sold by State of Alaska Department of Revenue

State of Alaska Department of Revenue lessened its holdings in shares of Aptiv PLC (NYSE:APTV) by 9.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,449 shares of the auto parts company’s stock after selling 2,430 shares during the period. State of Alaska Department of Revenue’s holdings in Aptiv were worth $1,667,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Zions Bancorporation National Association UT purchased a new position in shares of Aptiv during the first quarter worth $26,000. 1248 Management LLC purchased a new position in shares of Aptiv during the first quarter worth $28,000. Geneos Wealth Management Inc. raised its holdings in shares of Aptiv by 452.3% during the first quarter. Geneos Wealth Management Inc. now owns 486 shares of the auto parts company’s stock worth $29,000 after purchasing an additional 398 shares during the last quarter. Mather Group LLC. raised its holdings in shares of Aptiv by 155.2% during the first quarter. Mather Group LLC. now owns 633 shares of the auto parts company’s stock worth $38,000 after purchasing an additional 385 shares during the last quarter. Finally, Eastern Bank purchased a new position in shares of Aptiv during the first quarter worth $39,000. Hedge funds and other institutional investors own 94.21% of the company’s stock.

Aptiv Stock Performance

APTV opened at $88.00 on Friday. The firm has a market capitalization of $19.16 billion, a PE ratio of 20.14, a PEG ratio of 0.97 and a beta of 1.55. Aptiv PLC has a twelve month low of $47.19 and a twelve month high of $88.24. The firm’s 50-day moving average price is $77.99 and its 200 day moving average price is $68.52. The company has a current ratio of 1.76, a quick ratio of 1.24 and a debt-to-equity ratio of 0.79.

Aptiv (NYSE:APTV) last posted 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 company 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%. Aptiv’s revenue was up 3.1% on a year-over-year basis. During the same period in the previous year, the business 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, sell-side analysts expect that Aptiv PLC will post 7.2 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

APTV has been the subject of a number of recent analyst reports. Robert W. Baird lifted their price objective on shares of Aptiv from $84.00 to $97.00 and gave the company an “outperform” rating in a report on Wednesday, September 3rd. UBS Group lifted their price objective on shares of Aptiv from $66.00 to $75.00 and gave the company a “neutral” rating in a report on Monday, July 14th. Royal Bank Of Canada lifted their price objective on shares of Aptiv from $85.00 to $92.00 and gave the company an “outperform” rating in a report on Tuesday, August 5th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Aptiv in a report on Saturday, September 27th. Finally, Wells Fargo & Company lifted their price objective on shares of Aptiv from $103.00 to $106.00 and gave the company an “overweight” rating in a report on Thursday, September 25th. Three investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Aptiv currently has a consensus rating of “Moderate Buy” and a consensus target price of $86.63.

Insiders Place Their Bets

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 transaction, the chief accounting officer directly owned 49,820 shares in the company, valued at $4,234,700. The trade was a 1.97% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.45% of the stock is owned by insiders.

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.