Evercore ISI Issues Positive Forecast for Aptiv (NYSE:APTV) Stock Price

Aptiv (NYSE:APTV) had its target price boosted by Evercore ISI from $95.00 to $100.00 in a report released on Monday morning, Marketbeat.com reports. Evercore ISI currently has an outperform rating on the auto parts company’s stock.

A number of other equities research analysts also recently weighed in on APTV. JPMorgan Chase & Co. lifted their target price on Aptiv from $90.00 to $105.00 and gave the stock an “overweight” rating in a report on Monday, October 20th. Royal Bank Of Canada reiterated an “outperform” rating and set a $101.00 price target on shares of Aptiv in a report on Wednesday, November 19th. Barclays raised Aptiv from an “equal weight” rating to an “overweight” rating and increased their price objective for the company from $85.00 to $105.00 in a report on Friday, September 12th. Wall Street Zen raised Aptiv from a “buy” rating to a “strong-buy” rating in a report on Tuesday, September 23rd. Finally, Cowen reaffirmed a “buy” rating on shares of Aptiv in a report on Friday, October 31st. Three equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $95.42.

Aptiv Stock Up 0.9%

Shares of APTV opened at $74.82 on Monday. Aptiv has a one year low of $47.19 and a one year high of $88.80. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.79 and a quick ratio of 1.26. The company has a market cap of $16.17 billion, a P/E ratio of 59.38, a P/E/G ratio of 0.76 and a beta of 1.58. The firm has a 50 day simple moving average of $82.88 and a two-hundred day simple moving average of $75.24.

Aptiv (NYSE:APTV) last posted its earnings results on Thursday, October 30th. The auto parts company reported $2.17 earnings per share for the quarter, topping analysts’ consensus estimates of $1.81 by $0.36. Aptiv had a net margin of 1.46% and a return on equity of 18.51%. The firm had revenue of $5.21 billion for the quarter, compared to analysts’ expectations of $5.05 billion. During the same quarter in the previous year, the firm posted $1.83 earnings per share. The company’s revenue was up 7.4% on a year-over-year basis. Aptiv has set its FY 2025 guidance at 7.550-7.850 EPS. Q4 2025 guidance at 1.600-1.900 EPS. Research analysts forecast that Aptiv will post 7.2 EPS for the current fiscal year.

Insider Transactions at Aptiv

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 completion of the transaction, the chief accounting officer directly owned 49,820 shares in the company, valued at approximately $4,234,700. This represents a 1.97% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.45% of the company’s stock.

Hedge Funds Weigh In On Aptiv

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. State Street Corp grew its holdings in Aptiv by 1.2% in the second quarter. State Street Corp now owns 9,754,226 shares of the auto parts company’s stock worth $665,433,000 after purchasing an additional 111,506 shares during the period. Goldman Sachs Group Inc. increased its position in shares of Aptiv by 242.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 8,560,781 shares of the auto parts company’s stock valued at $509,366,000 after purchasing an additional 6,062,438 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Aptiv by 10.6% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 5,934,199 shares of the auto parts company’s stock worth $353,085,000 after acquiring an additional 570,930 shares during the last quarter. Impax Asset Management Group plc increased its holdings in Aptiv by 54.5% in the 3rd quarter. Impax Asset Management Group plc now owns 4,523,145 shares of the auto parts company’s stock worth $389,986,000 after acquiring an additional 1,595,276 shares in the last quarter. Finally, Boston Partners increased its stake in Aptiv by 29.2% in the 3rd quarter. Boston Partners now owns 4,194,909 shares of the auto parts company’s stock worth $361,385,000 after buying an additional 948,327 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.