Ellsworth Advisors LLC Buys Shares of 64,318 Aptiv PLC $APTV

Ellsworth Advisors LLC purchased a new stake in Aptiv PLC (NYSE:APTV) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 64,318 shares of the auto parts company’s stock, valued at approximately $5,380,000.

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

Aptiv Price Performance

APTV stock opened at $76.97 on Friday. The company has a market cap of $16.63 billion, a PE ratio of 61.08, a price-to-earnings-growth ratio of 0.97 and a beta of 1.51. The company has a current ratio of 1.79, a quick ratio of 1.26 and a debt-to-equity ratio of 0.80. The stock has a 50-day moving average price of $79.29 and a two-hundred day moving average price of $76.84. Aptiv PLC has a 12-month low of $47.19 and a 12-month high of $88.80.

Aptiv (NYSE:APTV) last released its quarterly earnings data 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 business had revenue of $5.21 billion for 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 company’s revenue was up 7.4% compared to the same quarter last year. During the same period in the previous year, the company posted $1.83 EPS. 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, research analysts predict that Aptiv PLC will post 7.2 EPS for the current year.

Wall Street Analysts Forecast Growth

APTV has been the subject of a number of recent research reports. UBS Group lifted their price target on shares of Aptiv from $75.00 to $94.00 and gave the stock a “neutral” rating in a report on Monday, October 6th. Wall Street Zen cut shares of Aptiv from a “strong-buy” rating to a “buy” rating in a research note on Saturday, December 20th. Argus increased their price target on Aptiv from $78.00 to $99.00 in a research note on Monday, November 10th. Cowen reaffirmed a “buy” rating on shares of Aptiv in a research report on Friday, October 31st. Finally, Morgan Stanley set a $84.00 target price on Aptiv and gave the company an “equal weight” rating in a research note on Monday, December 8th. Four equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $96.63.

Aptiv Profile

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.