Aptiv PLC $APTV Shares Sold by CWA Asset Management Group LLC

CWA Asset Management Group LLC lessened its stake in Aptiv PLC (NYSE:APTV) by 16.0% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 60,796 shares of the auto parts company’s stock after selling 11,603 shares during the period. CWA Asset Management Group LLC’s holdings in Aptiv were worth $5,242,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. True Wealth Design LLC grew its stake in shares of 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 purchasing an additional 181 shares during the last quarter. Geneos Wealth Management Inc. lifted its holdings in shares of Aptiv by 452.3% during the first quarter. Geneos Wealth Management Inc. now owns 486 shares of the auto parts company’s stock worth $29,000 after purchasing an additional 398 shares during the period. 1248 Management LLC purchased a new position in Aptiv in the 1st quarter valued at $34,000. Allworth Financial LP grew its position in Aptiv by 175.9% in the 2nd quarter. Allworth Financial LP now owns 560 shares of the auto parts company’s stock valued at $38,000 after buying an additional 357 shares during the last quarter. Finally, Cromwell Holdings LLC increased 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 valued at $39,000 after buying an additional 565 shares during the period. 94.21% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Piper Sandler lifted their target price on shares of Aptiv from $72.00 to $87.00 and gave the company a “neutral” rating in a report on Friday, October 31st. Evercore ISI lifted their price objective on Aptiv from $95.00 to $100.00 and gave the company an “outperform” rating in a report on Monday, November 24th. 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. Barclays raised Aptiv from an “equal weight” rating to an “overweight” rating and raised their price target for the company from $85.00 to $105.00 in a report on Friday, September 12th. Finally, JPMorgan Chase & Co. increased their price objective on Aptiv from $90.00 to $105.00 and gave the stock an “overweight” rating in a research report on Monday, October 20th. Four analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $96.63.

Aptiv Stock Performance

NYSE APTV opened at $78.41 on Monday. The business has a 50 day moving average price of $78.48 and a 200 day moving average price of $77.24. The company has a market capitalization of $16.94 billion, a P/E 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. 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 (NYSE:APTV) last posted its earnings results on Thursday, October 30th. The auto parts company reported $2.17 EPS for the quarter, topping 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 company had revenue of $5.21 billion for the quarter, compared to the consensus estimate of $5.05 billion. During the same period in the previous year, the business earned $1.83 earnings per share. Aptiv’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 EPS 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.