Asset Management One Co. Ltd. Sells 1,479 Shares of Aptiv PLC $APTV

Asset Management One Co. Ltd. cut its stake in Aptiv PLC (NYSE:APTV) by 1.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 98,428 shares of the auto parts company’s stock after selling 1,479 shares during the period. Asset Management One Co. Ltd.’s holdings in Aptiv were worth $6,715,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Zions Bancorporation National Association UT bought a new stake in Aptiv in the first quarter valued at approximately $26,000. 1248 Management LLC bought a new stake in Aptiv in the first quarter valued at approximately $28,000. Geneos Wealth Management Inc. boosted its holdings in Aptiv by 452.3% in 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 during the last quarter. Mather Group LLC. boosted its holdings in Aptiv by 155.2% in 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 during the last quarter. Finally, Eastern Bank bought a new stake in Aptiv in the first quarter valued at approximately $39,000. 94.21% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on APTV shares. Royal Bank Of Canada boosted their price target on Aptiv from $92.00 to $101.00 and gave the company an “outperform” rating in a research note on Friday, October 10th. Citigroup started coverage on Aptiv in a research note on Friday, October 10th. They issued a “buy” rating and a $109.00 price target on the stock. Barclays raised Aptiv from an “equal weight” rating to an “overweight” rating and boosted their price target for the company from $85.00 to $105.00 in a research note on Friday, September 12th. Wells Fargo & Company boosted their price target on Aptiv from $103.00 to $106.00 and gave the company an “overweight” rating in a research note on Thursday, September 25th. Finally, Morgan Stanley boosted their price target on Aptiv from $55.00 to $60.00 and gave the company an “underweight” rating in a research note on Tuesday, August 12th. Three research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Aptiv has an average rating of “Moderate Buy” and a consensus price target of $93.35.

Insider Buying and Selling at Aptiv

In other news, CAO Allan J. Brazier sold 1,000 shares of the company’s stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $85.00, for a total transaction of $85,000.00. Following the transaction, the chief accounting officer directly owned 49,820 shares of the company’s stock, valued at $4,234,700. This represents a 1.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.45% of the stock is owned by insiders.

Aptiv Price Performance

Shares of NYSE:APTV opened at $86.72 on Wednesday. The company has a quick ratio of 1.24, a current ratio of 1.76 and a debt-to-equity ratio of 0.79. Aptiv PLC has a twelve month low of $47.19 and a twelve month high of $88.80. The stock’s 50 day moving average is $83.05 and its 200-day moving average is $71.80. The firm has a market capitalization of $18.88 billion, a price-to-earnings ratio of 19.84, a PEG ratio of 0.93 and a beta of 1.55.

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, topping 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 company had revenue of $5.21 billion for the quarter, compared to analyst estimates of $5.02 billion. During the same period in the prior year, the firm earned $1.58 earnings per share. Aptiv’s revenue for the quarter 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. Sell-side analysts forecast that Aptiv PLC will post 7.2 EPS for the current fiscal year.

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.