10,700 Shares in Aptiv PLC $APTV Acquired by Board of the Pension Protection Fund

Board of the Pension Protection Fund bought a new stake in Aptiv PLC (NYSE:APTV) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 10,700 shares of the auto parts company’s stock, valued at approximately $923,000.

A number of other institutional investors have also modified their holdings of APTV. True Wealth Design LLC lifted its stake in Aptiv by 83.8% during the 2nd quarter. True Wealth Design LLC now owns 397 shares of the auto parts company’s stock worth $27,000 after acquiring an additional 181 shares in the last quarter. 1248 Management LLC acquired a new stake in shares of Aptiv during the first quarter worth about $28,000. Geneos Wealth Management Inc. boosted its stake in shares of 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 purchasing an additional 398 shares during the period. Allworth Financial LP grew its holdings in shares of Aptiv by 175.9% in the second quarter. Allworth Financial LP now owns 560 shares of the auto parts company’s stock valued at $38,000 after purchasing an additional 357 shares in the last quarter. Finally, Cromwell Holdings LLC increased its stake in Aptiv by 4,035.7% during the 2nd quarter. Cromwell Holdings LLC now owns 579 shares of the auto parts company’s stock worth $39,000 after buying an additional 565 shares during the period. 94.21% of the stock is owned by institutional investors and hedge funds.

Aptiv Trading Up 0.8%

APTV opened at $78.21 on Friday. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.26 and a current ratio of 1.79. Aptiv PLC has a one year low of $47.19 and a one year high of $88.80. The company has a market cap of $16.90 billion, a P/E ratio of 62.07, a PEG ratio of 0.98 and a beta of 1.51. The business’s 50-day simple moving average is $79.90 and its 200-day simple moving average is $76.48.

Aptiv (NYSE:APTV) last announced its quarterly earnings results on Thursday, October 30th. The auto parts company reported $2.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 firm’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same period in the prior 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. As a group, equities research analysts expect that Aptiv PLC will post 7.2 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have commented on APTV shares. Weiss Ratings reissued a “hold (c-)” rating on shares of Aptiv in a research report on Monday. Zacks Research upgraded Aptiv from a “hold” rating to a “strong-buy” rating in a report on Tuesday, December 9th. Wells Fargo & Company cut their price target on Aptiv from $100.00 to $99.00 and set an “overweight” rating on the stock in a report on Tuesday, December 9th. Deutsche Bank Aktiengesellschaft decreased their price objective on Aptiv from $105.00 to $104.00 in a research note on Friday, October 31st. Finally, Citigroup began coverage on shares of Aptiv in a research note on Friday, October 10th. They set a “buy” rating and a $109.00 target price on the stock. Four research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, Aptiv currently has an average rating of “Moderate Buy” and an average price target of $96.63.

About Aptiv

Aptiv plc is a global automotive technology company that develops safer, greener and more connected solutions for the mobility industry. The company designs and supplies advanced electrical architectures, electronic systems and software that enable vehicle connectivity, active safety, advanced driver-assistance systems (ADAS) and autonomous driving capabilities. Aptiv’s customers include major automakers and mobility service providers seeking to integrate higher levels of automation, electrification and software-defined features into production vehicles and mobility platforms.

Product and service offerings span vehicle electrical systems and wiring, connectors and harnesses, high-voltage electrification components, power electronics and charging solutions, sensors and compute platforms that support ADAS and autonomous functions, and the software and services required to integrate and manage these systems.