Amundi Sells 159,344 Shares of Aptiv PLC $APTV

Amundi cut its holdings in Aptiv PLC (NYSE:APTV) by 7.5% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,965,963 shares of the auto parts company’s stock after selling 159,344 shares during the quarter. Amundi owned approximately 0.90% of Aptiv worth $131,938,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Aptiv by 10.6% in the first 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 valued at $353,085,000 after buying an additional 570,930 shares during the period. Invesco Ltd. boosted its holdings in Aptiv by 7.1% in the second quarter. Invesco Ltd. now owns 3,618,847 shares of the auto parts company’s stock valued at $246,878,000 after acquiring an additional 238,880 shares during the last quarter. Franklin Resources Inc. grew its stake in Aptiv by 6.6% during the second quarter. Franklin Resources Inc. now owns 3,579,344 shares of the auto parts company’s stock worth $244,183,000 after purchasing an additional 221,449 shares during the period. Alliancebernstein L.P. increased its stake in Aptiv by 53.6% in the first quarter. Alliancebernstein L.P. now owns 3,515,617 shares of the auto parts company’s stock valued at $209,179,000 after purchasing an additional 1,227,020 shares in the last quarter. Finally, Canada Pension Plan Investment Board increased its stake in Aptiv by 8.5% during the 1st quarter. Canada Pension Plan Investment Board now owns 3,404,273 shares of the auto parts company’s stock valued at $202,554,000 after purchasing an additional 266,176 shares in the last quarter. Institutional investors own 94.21% of the company’s stock.

Insider Activity at Aptiv

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

Aptiv Price Performance

Shares of NYSE APTV opened at $76.46 on Monday. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.26 and a current ratio of 1.79. The company has a 50 day simple moving average of $81.45 and a two-hundred day simple moving average of $75.86. Aptiv PLC has a fifty-two week low of $47.19 and a fifty-two week high of $88.80. The company has a market capitalization of $16.52 billion, a price-to-earnings ratio of 60.68, a P/E/G ratio of 0.78 and a beta of 1.51.

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

Analysts Set New Price Targets

APTV has been the topic of a number of recent analyst reports. Robert W. Baird lifted their target price on Aptiv from $97.00 to $105.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 8th. Argus boosted their price objective on Aptiv from $78.00 to $99.00 in a report on Monday, November 10th. JPMorgan Chase & Co. increased their target price on Aptiv from $90.00 to $105.00 and gave the company an “overweight” rating in a research note on Monday, October 20th. Evercore ISI upped their price objective on shares of Aptiv from $95.00 to $100.00 and gave the company an “outperform” rating in a research note on Monday, November 24th. Finally, BNP Paribas Exane lifted their price target on Aptiv from $100.00 to $107.00 in a research note on Friday, November 21st. Three research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Aptiv currently has an average rating of “Moderate Buy” and a consensus price target of $95.42.

Aptiv 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.