9,421 Shares in Aptiv PLC $APTV Bought by Altfest L J & Co. Inc.

Altfest L J & Co. Inc. bought a new stake in Aptiv PLC (NYSE:APTV) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 9,421 shares of the auto parts company’s stock, valued at approximately $812,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. True Wealth Design LLC increased its position in shares of Aptiv by 83.8% during the second 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 during the period. Geneos Wealth Management Inc. boosted 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 during the period. 1248 Management LLC purchased a new position in Aptiv during the first quarter valued at approximately $34,000. Allworth Financial LP increased its holdings in Aptiv by 175.9% during the 2nd quarter. Allworth Financial LP now owns 560 shares of the auto parts company’s stock worth $38,000 after acquiring an additional 357 shares during the period. Finally, Cromwell Holdings LLC lifted its stake in Aptiv by 4,035.7% in 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. Hedge funds and other institutional investors own 94.21% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on APTV. Piper Sandler boosted their price target on shares of Aptiv from $72.00 to $87.00 and gave the company a “neutral” rating in a research report on Friday, October 31st. Wells Fargo & Company dropped their price objective on Aptiv from $100.00 to $99.00 and set an “overweight” rating for the company in a research note on Tuesday, December 9th. Daiwa Capital Markets upped their target price on Aptiv from $79.00 to $100.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 1st. Cowen reiterated 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 shares of Aptiv and gave the company an “equal weight” rating in a research report on Monday, December 8th. Four 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 stock. According to data from MarketBeat, Aptiv currently has an average rating of “Moderate Buy” and an average target price of $96.63.

Aptiv Price Performance

APTV opened at $78.41 on Friday. 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 stock’s 50 day simple moving average is $78.48 and its 200 day simple moving average is $77.17. The firm has a market cap of $16.94 billion, a price-to-earnings ratio of 62.23, a PEG ratio of 0.92 and a beta of 1.50. Aptiv PLC has a 1 year low of $47.19 and a 1 year 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 analysts’ consensus estimates of $1.81 by $0.36. Aptiv had a return on equity of 18.51% and a net margin of 1.46%.The firm had revenue of $5.21 billion during the quarter, compared to analyst estimates of $5.05 billion. During the same quarter in the prior year, the firm posted $1.83 earnings per share. The business’s quarterly revenue was up 7.4% compared to the same quarter last year. 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, analysts predict that Aptiv PLC will post 7.2 earnings per share for the current year.

Aptiv Company 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.