Royal Bank Of Canada Raises Aptiv (NYSE:APTV) Price Target to $104.00

Aptiv (NYSE:APTV) had its price objective increased by Royal Bank Of Canada from $101.00 to $104.00 in a report issued on Wednesday,MarketScreener reports. The brokerage presently has an “outperform” rating on the auto parts company’s stock. Royal Bank Of Canada’s price objective points to a potential upside of 26.00% from the stock’s current price.

APTV has been the topic of several other reports. Cowen reaffirmed a “buy” rating on shares of Aptiv in a report on Friday, October 31st. JPMorgan Chase & Co. upped their price target on shares of Aptiv from $90.00 to $105.00 and gave the company an “overweight” rating in a report on Monday, October 20th. TD Cowen lifted their price objective on Aptiv from $104.00 to $107.00 and gave the company a “buy” rating in a research note on Friday, October 31st. BNP Paribas Exane upped their target price on Aptiv from $100.00 to $107.00 in a research note on Friday, November 21st. Finally, Evercore ISI lifted their price target on Aptiv from $95.00 to $100.00 and gave the company an “outperform” rating in a research report on Monday, November 24th. Four equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, Aptiv presently has a consensus rating of “Moderate Buy” and a consensus price target of $99.05.

Aptiv Stock Down 0.5%

Aptiv stock opened at $82.54 on Wednesday. The business’s 50-day simple moving average is $78.69 and its two-hundred day simple moving average is $78.16. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.26 and a current ratio of 1.79. The company has a market cap of $17.84 billion, a PE ratio of 65.51, a PEG ratio of 0.96 and a beta of 1.50. Aptiv has a fifty-two week low of $47.19 and a fifty-two week high of $88.93.

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, topping the consensus estimate of $1.81 by $0.36. The firm had revenue of $5.21 billion during the quarter, compared to analysts’ expectations of $5.05 billion. Aptiv had a return on equity of 18.51% and a net margin of 1.46%.The company’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same period last year, the business 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. Equities analysts anticipate that Aptiv will post 7.2 EPS for the current year.

Insider Buying and Selling

In other Aptiv news, EVP Katherine H. Ramundo sold 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, January 8th. The stock was sold at an average price of $85.00, for a total value of $425,000.00. Following the sale, the executive vice president directly owned 116,959 shares of the company’s stock, valued at approximately $9,941,515. This trade represents a 4.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.45% of the company’s stock.

Institutional Trading of Aptiv

Institutional investors have recently made changes to their positions in the company. NewEdge Advisors LLC lifted its holdings in Aptiv by 502.1% in the 1st quarter. NewEdge Advisors LLC now owns 15,557 shares of the auto parts company’s stock valued at $926,000 after purchasing an additional 12,973 shares in the last quarter. Woodline Partners LP raised its position in shares of Aptiv by 439.2% in the first quarter. Woodline Partners LP now owns 76,109 shares of the auto parts company’s stock valued at $4,528,000 after buying an additional 61,994 shares during the last quarter. Focus Partners Wealth lifted its stake in shares of Aptiv by 110.7% in the first quarter. Focus Partners Wealth now owns 9,511 shares of the auto parts company’s stock worth $566,000 after buying an additional 4,998 shares in the last quarter. Geneos Wealth Management Inc. boosted its position in 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 acquiring an additional 398 shares during the last quarter. Finally, Czech National Bank grew its stake in Aptiv by 1.0% during the 2nd quarter. Czech National Bank now owns 53,220 shares of the auto parts company’s stock valued at $3,631,000 after acquiring an additional 520 shares in the last quarter. 94.21% of the stock is owned by institutional investors and hedge funds.

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.