JPMorgan Chase & Co. Issues Positive Forecast for Aptiv (NYSE:APTV) Stock Price

Aptiv (NYSE:APTV) had its price objective boosted by JPMorgan Chase & Co. from $90.00 to $105.00 in a research report report published on Monday, Marketbeat Ratings reports. They currently have an overweight rating on the auto parts company’s stock.

Several other research analysts have also recently weighed in on the stock. Robert W. Baird lifted their price target on shares of Aptiv from $97.00 to $105.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 8th. Barclays upgraded shares of Aptiv from an “equal weight” rating to an “overweight” rating and lifted their price target for the stock from $85.00 to $105.00 in a research note on Friday, September 12th. Weiss Ratings reiterated a “hold (c)” rating on shares of Aptiv in a research note on Wednesday, October 8th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Aptiv from $84.00 to $105.00 in a research note on Friday, October 10th. Finally, Wells Fargo & Company lifted their target price on shares of Aptiv from $103.00 to $106.00 and gave the company an “overweight” rating in a research note on Thursday, September 25th. Three analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Aptiv currently has an average rating of “Moderate Buy” and an average price target of $93.35.

Aptiv Trading Up 0.8%

NYSE:APTV opened at $83.44 on Monday. The company has a 50 day simple moving average of $81.69 and a two-hundred day simple moving average of $70.36. The company has a market cap of $18.17 billion, a PE ratio of 19.09, a price-to-earnings-growth ratio of 0.90 and a beta of 1.55. Aptiv has a 12 month low of $47.19 and a 12 month high of $88.80. 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 issued its quarterly earnings results on Thursday, July 31st. The auto parts company reported $2.12 earnings per share for the quarter, topping the consensus estimate of $1.83 by $0.29. The business had revenue of $5.21 billion for the quarter, compared to analysts’ expectations of $5.02 billion. Aptiv had a net margin of 5.12% and a return on equity of 18.46%. The company’s revenue was up 3.1% compared to the same quarter last year. During the same quarter last year, the company 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. Research analysts forecast that Aptiv will post 7.2 earnings per share for the current year.

Insider Buying and Selling at Aptiv

In other Aptiv news, CAO Allan J. Brazier sold 1,000 shares of the business’s stock in a transaction 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 sale, the chief accounting officer owned 49,820 shares in the company, valued at $4,234,700. The trade was a 1.97% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.45% of the company’s stock.

Institutional Trading of Aptiv

Hedge funds have recently bought and sold shares of the stock. True Wealth Design LLC lifted its stake in Aptiv by 83.8% in the 2nd quarter. True Wealth Design LLC now owns 397 shares of the auto parts company’s stock worth $27,000 after purchasing an additional 181 shares in the last quarter. Zions Bancorporation National Association UT purchased a new stake in Aptiv in the 1st quarter worth $26,000. 1248 Management LLC purchased a new stake in Aptiv in the 1st quarter worth $28,000. Geneos Wealth Management Inc. lifted its stake in Aptiv by 452.3% in the 1st 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 in the last quarter. Finally, Allworth Financial LP lifted its stake in Aptiv by 175.9% in the 2nd quarter. Allworth Financial LP now owns 560 shares of the auto parts company’s stock worth $38,000 after purchasing an additional 357 shares in the last quarter. Hedge funds and other institutional investors own 94.21% of the company’s stock.

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.