D.A. Davidson & CO. Sells 12,658 Shares of Aptiv PLC $APTV

D.A. Davidson & CO. lessened its stake in shares of Aptiv PLC (NYSE:APTV) by 42.9% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 16,868 shares of the auto parts company’s stock after selling 12,658 shares during the period. D.A. Davidson & CO.’s holdings in Aptiv were worth $1,151,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Zions Bancorporation National Association UT bought a new stake in shares of Aptiv during the first quarter valued at approximately $26,000. 1248 Management LLC bought a new stake in shares of Aptiv during the first quarter valued at approximately $28,000. Geneos Wealth Management Inc. raised 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 acquiring an additional 398 shares in the last quarter. Cromwell Holdings LLC raised its stake in shares of Aptiv by 4,035.7% during the second quarter. Cromwell Holdings LLC now owns 579 shares of the auto parts company’s stock valued at $39,000 after acquiring an additional 565 shares in the last quarter. Finally, Mather Group LLC. raised 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 acquiring an additional 385 shares in the last quarter. Institutional investors own 94.21% of the company’s stock.

Insider Buying and Selling

In other Aptiv news, CAO Allan J. Brazier sold 1,000 shares of the company’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 directly owned 49,820 shares of the company’s stock, valued at approximately $4,234,700. This represents a 1.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.45% of the company’s stock.

Aptiv Price Performance

Shares of APTV opened at $86.08 on Tuesday. The firm has a market capitalization of $18.74 billion, a PE ratio of 19.70, a price-to-earnings-growth ratio of 0.93 and a beta of 1.55. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.76 and a quick ratio of 1.24. Aptiv PLC has a 1-year low of $47.19 and a 1-year high of $88.80. The company’s fifty day moving average price is $82.83 and its 200-day moving average price is $71.53.

Aptiv (NYSE:APTV) last announced its quarterly earnings data on Thursday, July 31st. The auto parts company reported $2.12 earnings per share for the quarter, beating analysts’ consensus estimates of $1.83 by $0.29. The firm 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 business’s quarterly revenue was up 3.1% compared to the same quarter last year. During the same period in the previous year, the company earned $1.58 earnings per share. Aptiv has set its FY 2025 guidance at 7.300-7.600 EPS. Q3 2025 guidance at 1.600-1.800 EPS. On average, equities research analysts predict that Aptiv PLC will post 7.2 EPS for the current year.

Wall Street Analyst Weigh In

APTV has been the subject of a number of recent research reports. Morgan Stanley boosted their price objective on shares of Aptiv from $55.00 to $60.00 and gave the stock an “underweight” rating in a research note on Tuesday, August 12th. Robert W. Baird boosted their price objective 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. Daiwa Capital Markets boosted their price objective on shares of Aptiv from $79.00 to $100.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 1st. Bank of America boosted their price objective on shares of Aptiv from $85.00 to $95.00 and gave the stock a “buy” rating in a research note on Wednesday, September 10th. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Aptiv from $84.00 to $105.00 in a research note on Friday, October 10th. Three analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $93.35.

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.