Aptiv (NYSE:APTV) Price Target Lowered to $99.00 at Wells Fargo & Company

Aptiv (NYSE:APTV) had its price objective cut by Wells Fargo & Company from $100.00 to $99.00 in a research note issued to investors on Tuesday, Marketbeat reports. They currently have an overweight rating on the auto parts company’s stock.

A number of other brokerages have also weighed in on APTV. Oppenheimer set a $94.00 price target on shares of Aptiv and gave the company an “outperform” rating in a report on Friday, October 31st. Morgan Stanley set a $84.00 price objective on Aptiv and gave the company an “equal weight” rating in a research report on Monday. UBS Group boosted their target price on Aptiv from $75.00 to $94.00 and gave the stock a “neutral” rating in a research report on Monday, October 6th. BNP Paribas Exane raised their price target on Aptiv from $100.00 to $107.00 in a report on Friday, November 21st. Finally, Bank of America lifted their price objective on Aptiv from $85.00 to $95.00 and gave the stock a “buy” rating in a research report on Wednesday, September 10th. Three research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $96.63.

Aptiv Trading Down 0.9%

Shares of APTV opened at $76.35 on Tuesday. 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 market cap of $16.50 billion, a price-to-earnings ratio of 60.60, a PEG ratio of 0.79 and a beta of 1.51. The stock has a fifty day moving average price of $81.08 and a two-hundred day moving average price of $76.00. Aptiv has a 52-week low of $47.19 and a 52-week high of $88.80.

Aptiv (NYSE:APTV) last announced its earnings results on Thursday, October 30th. The auto parts company reported $2.17 earnings per share for the quarter, beating analysts’ consensus estimates of $1.81 by $0.36. The company had revenue of $5.21 billion during the quarter, compared to analyst estimates of $5.05 billion. Aptiv had a return on equity of 18.51% and a net margin of 1.46%.The firm’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same period last year, the company posted $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 predict that Aptiv will post 7.2 EPS for the current fiscal year.

Insider Buying and Selling at Aptiv

In related news, CAO Allan J. Brazier sold 1,000 shares of the business’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 transaction, the chief accounting officer owned 49,820 shares in the company, valued at approximately $4,234,700. The trade was a 1.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.45% of the stock is owned by corporate insiders.

Institutional Trading of Aptiv

Several hedge funds have recently bought and sold shares of APTV. True Wealth Design LLC grew its holdings in shares of Aptiv by 31.5% in the third quarter. True Wealth Design LLC now owns 522 shares of the auto parts company’s stock worth $45,000 after acquiring an additional 125 shares during the period. Ashton Thomas Private Wealth LLC boosted its position in Aptiv by 2.3% in the third quarter. Ashton Thomas Private Wealth LLC now owns 6,776 shares of the auto parts company’s stock worth $584,000 after purchasing an additional 151 shares during the last quarter. Stephens Inc. AR grew its stake in shares of Aptiv by 3.9% during the 2nd quarter. Stephens Inc. AR now owns 4,096 shares of the auto parts company’s stock valued at $279,000 after purchasing an additional 155 shares during the period. Gamco Investors INC. ET AL grew its stake in shares of Aptiv by 1.7% during the 1st quarter. Gamco Investors INC. ET AL now owns 9,760 shares of the auto parts company’s stock valued at $581,000 after purchasing an additional 160 shares during the period. Finally, CI Investments Inc. increased its position in shares of Aptiv by 11.6% during the 3rd quarter. CI Investments Inc. now owns 1,564 shares of the auto parts company’s stock valued at $135,000 after purchasing an additional 163 shares during the last quarter. 94.21% of the stock is currently owned by institutional investors and hedge funds.

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.