Aptiv (NYSE:APTV) Price Target Raised to $104.00

Aptiv (NYSE:APTV) had its target price hoisted by Royal Bank Of Canada from $101.00 to $104.00 in a research note issued to investors on Wednesday,MarketScreener reports. Royal Bank Of Canada currently has an outperform rating on the auto parts company’s stock.

Several other equities research analysts also recently weighed in on the stock. JPMorgan Chase & Co. increased their target price on shares of Aptiv from $90.00 to $105.00 and gave the stock an “overweight” rating in a research note on Monday, October 20th. US Capital Advisors set a $110.00 target price on Aptiv in a research note on Tuesday. Robert W. Baird upped their price target on Aptiv from $97.00 to $105.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 8th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Aptiv in a research report on Monday, December 29th. Finally, Deutsche Bank Aktiengesellschaft cut their price objective on shares of Aptiv from $105.00 to $104.00 in a research report on Friday, October 31st. Four investment analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, Aptiv has an average rating of “Moderate Buy” and an average target price of $99.05.

Aptiv Stock Performance

Shares of Aptiv stock opened at $78.57 on Wednesday. The business has a 50-day simple moving average of $78.59 and a 200-day simple moving average of $78.24. The company has a market cap of $16.98 billion, a PE ratio of 62.36, a P/E/G ratio of 0.96 and a beta of 1.50. Aptiv has a one year low of $47.19 and a one year high of $88.93. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.26 and a current ratio of 1.79.

Aptiv (NYSE:APTV) last issued its earnings results on Thursday, October 30th. The auto parts company reported $2.17 earnings per share for the quarter, topping 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 for the quarter, compared to analyst estimates of $5.05 billion. During the same quarter last year, the company earned $1.83 EPS. The business’s quarterly revenue was up 7.4% on a year-over-year basis. Aptiv has set its FY 2025 guidance at 7.550-7.850 EPS and its Q4 2025 guidance at 1.600-1.900 EPS. On average, equities research analysts forecast that Aptiv will post 7.2 EPS for the current fiscal year.

Insider Activity

In other news, EVP Katherine H. Ramundo sold 5,000 shares of Aptiv stock in a transaction dated Thursday, January 8th. The shares were sold at an average price of $85.00, for a total transaction of $425,000.00. Following the completion of the sale, the executive vice president directly owned 116,959 shares in the company, valued at $9,941,515. The trade was a 4.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.45% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in APTV. Saranac Partners Ltd purchased a new position in shares of Aptiv during the 3rd quarter valued at approximately $25,000. True Wealth Design LLC raised its holdings in Aptiv by 83.8% in the second quarter. True Wealth Design LLC now owns 397 shares of the auto parts company’s stock valued at $27,000 after acquiring an additional 181 shares in the last quarter. Geneos Wealth Management Inc. boosted its stake in Aptiv by 452.3% during the 1st 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 last quarter. Foster Dykema Cabot & Partners LLC acquired a new position in Aptiv during the 3rd quarter worth $30,000. Finally, Root Financial Partners LLC acquired a new stake in shares of Aptiv in the 3rd quarter valued at about $31,000. 94.21% of the stock is currently owned by hedge funds and other institutional investors.

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.