Signaturefd LLC Reduces Position in Aptiv PLC $APTV

Signaturefd LLC trimmed its position in Aptiv PLC (NYSE:APTVFree Report) by 18.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,744 shares of the auto parts company’s stock after selling 385 shares during the quarter. Signaturefd LLC’s holdings in Aptiv were worth $119,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in APTV. Zions Bancorporation National Association UT bought a new stake in shares of Aptiv in the first quarter worth about $26,000. 1248 Management LLC purchased a new stake in Aptiv in the 1st quarter worth approximately $28,000. Geneos Wealth Management Inc. increased its stake 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 valued at $29,000 after buying an additional 398 shares during the period. Mather Group LLC. increased its stake 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 valued at $38,000 after buying an additional 385 shares during the period. Finally, Eastern Bank bought a new position in shares of Aptiv during the first quarter valued at approximately $39,000. Institutional investors own 94.21% of the company’s stock.

Aptiv Stock Performance

Shares of APTV opened at $88.00 on Friday. The company has a market cap of $19.16 billion, a price-to-earnings ratio of 20.14, a P/E/G ratio of 0.98 and a beta of 1.55. The business’s fifty day simple moving average is $77.99 and its two-hundred day simple moving average is $68.56. Aptiv PLC has a 12 month low of $47.19 and a 12 month high of $88.24. 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:APTVGet Free Report) last announced its quarterly 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. Aptiv had a return on equity of 18.46% and a net margin of 5.12%.The firm had revenue of $5.21 billion for the quarter, compared to the consensus estimate of $5.02 billion. During the same period in the prior year, the company posted $1.58 earnings per share. The company’s quarterly revenue was up 3.1% on a year-over-year basis. Aptiv has set its FY 2025 guidance at 7.300-7.600 EPS. Q3 2025 guidance at 1.600-1.800 EPS. Research analysts anticipate that Aptiv PLC will post 7.2 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have commented on APTV. Morgan Stanley upped their price objective on shares of Aptiv from $55.00 to $60.00 and gave the stock an “underweight” rating in a report on Tuesday, August 12th. Royal Bank Of Canada increased their price target on shares of Aptiv from $85.00 to $92.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 5th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Aptiv in a research report on Saturday, September 27th. JPMorgan Chase & Co. upped their target price on Aptiv from $85.00 to $90.00 and gave the stock an “overweight” rating in a report on Friday, August 1st. Finally, Bank of America raised their target price on Aptiv from $85.00 to $95.00 and gave the company a “buy” rating in a research note on Wednesday, September 10th. Three research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Aptiv currently has an average rating of “Moderate Buy” and an average price target of $86.63.

Read Our Latest Stock Report on Aptiv

Insider Activity

In other news, CAO Allan J. Brazier sold 1,000 shares of Aptiv stock in a transaction that occurred on Thursday, September 18th. The shares were sold at an average price of $85.00, for a total value of $85,000.00. Following the completion of the sale, 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.45% of the stock is currently owned by insiders.

Aptiv Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Aptiv (NYSE:APTV)

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