Generali Asset Management SPA SGR Reduces Holdings in Aptiv PLC $APTV

Generali Asset Management SPA SGR lessened its position in shares of Aptiv PLC (NYSE:APTV) by 19.8% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 26,569 shares of the auto parts company’s stock after selling 6,554 shares during the quarter. Generali Asset Management SPA SGR’s holdings in Aptiv were worth $2,291,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Norges Bank acquired a new stake in shares of Aptiv during the 2nd quarter worth about $187,652,000. BDF Gestion boosted its stake in Aptiv by 205.8% during the third quarter. BDF Gestion now owns 26,746 shares of the auto parts company’s stock worth $2,306,000 after buying an additional 18,000 shares during the period. Hudson Bay Capital Management LP boosted its stake in Aptiv by 73.8% during the second quarter. Hudson Bay Capital Management LP now owns 61,009 shares of the auto parts company’s stock worth $4,162,000 after buying an additional 25,909 shares during the period. Ellsworth Advisors LLC acquired a new stake in shares of Aptiv during the third quarter valued at about $5,380,000. Finally, Traub Capital Management LLC acquired a new position in shares of Aptiv in the 2nd quarter worth approximately $264,000. 94.21% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

APTV has been the subject of several research reports. Evercore ISI lifted their target price on shares of Aptiv from $95.00 to $100.00 and gave the company an “outperform” rating in a report on Monday, November 24th. 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. Deutsche Bank Aktiengesellschaft cut their price objective on Aptiv from $105.00 to $104.00 in a report on Friday, October 31st. UBS Group lifted their target price on Aptiv from $75.00 to $94.00 and gave the company a “neutral” rating in a research report on Monday, October 6th. Finally, Argus boosted their price target on shares of Aptiv from $78.00 to $99.00 in a research note on Monday, November 10th. Four equities 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 stock. According to data from MarketBeat, Aptiv has an average rating of “Moderate Buy” and an average price target of $96.63.

Aptiv Trading Up 3.0%

APTV opened at $78.41 on Friday. The business has a fifty day moving average price of $78.48 and a 200 day moving average price of $77.17. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.79 and a quick ratio of 1.26. Aptiv PLC has a 12 month low of $47.19 and a 12 month high of $88.80. The stock has a market capitalization 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 (NYSE:APTV) last announced its quarterly earnings data on Thursday, October 30th. The auto parts company reported $2.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.81 by $0.36. Aptiv had a return on equity of 18.51% and a net margin of 1.46%.The business had revenue of $5.21 billion during the quarter, compared to analysts’ expectations of $5.05 billion. During the same quarter last year, the business posted $1.83 EPS. 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. Sell-side analysts expect that Aptiv PLC will post 7.2 earnings per share for the current fiscal year.

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.