JPMorgan Chase & Co. Cuts Aptiv (NYSE:APTV) Price Target to $83.00

Aptiv (NYSE:APTV) had its price objective cut by JPMorgan Chase & Co. from $105.00 to $83.00 in a research note issued to investors on Thursday, Marketbeat.com reports. They currently have an overweight rating on the auto parts company’s stock.

Several other brokerages have also issued reports on APTV. Piper Sandler boosted their price target on Aptiv from $103.00 to $106.00 in a research note on Tuesday, February 3rd. Robert W. Baird reduced their price objective on Aptiv from $105.00 to $74.00 and set an “outperform” rating for the company in a research report on Thursday, April 2nd. Weiss Ratings lowered Aptiv from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, April 2nd. The Goldman Sachs Group initiated coverage on Aptiv in a research note on Monday, April 13th. They issued a “buy” rating and a $74.00 target price for the company. Finally, Fox Advisors raised Aptiv from an “equal weight” rating to an “overweight” rating and set a $110.00 target price for the company in a research report on Tuesday, January 13th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $90.56.

Aptiv Price Performance

Shares of Aptiv stock opened at $60.10 on Thursday. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.74 and a quick ratio of 1.23. The company has a market cap of $12.81 billion, a PE ratio of 79.08, a price-to-earnings-growth ratio of 0.93 and a beta of 1.51. The firm has a fifty day moving average price of $68.59 and a two-hundred day moving average price of $76.07. Aptiv has a fifty-two week low of $54.51 and a fifty-two week high of $88.93.

Aptiv (NYSE:APTV) last posted its quarterly earnings data on Monday, February 2nd. The auto parts company reported $1.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.82 by $0.04. Aptiv had a net margin of 0.81% and a return on equity of 18.22%. The company had revenue of $5.15 billion for the quarter, compared to the consensus estimate of $5.07 billion. During the same quarter in the previous year, the firm posted $1.75 EPS. The business’s revenue was up 5.0% compared to the same quarter last year. Aptiv has set its Q1 2026 guidance at 1.550-1.750 EPS and its FY 2026 guidance at 8.150-8.750 EPS. Analysts expect that Aptiv will post 7.83 EPS for the current year.

Institutional Investors Weigh In On Aptiv

A number of institutional investors have recently added to or reduced their stakes in APTV. Norges Bank acquired a new position in shares of Aptiv in the 4th quarter worth approximately $634,961,000. Ameriprise Financial Inc. bought a new stake in Aptiv in the third quarter valued at $297,917,000. Nordea Investment Management AB grew its position in Aptiv by 14,336.5% in the third quarter. Nordea Investment Management AB now owns 3,411,780 shares of the auto parts company’s stock valued at $291,127,000 after acquiring an additional 3,388,147 shares during the period. Impax Asset Management Group plc raised its stake in Aptiv by 54.5% during the third quarter. Impax Asset Management Group plc now owns 4,523,145 shares of the auto parts company’s stock worth $389,986,000 after acquiring an additional 1,595,276 shares in the last quarter. Finally, Balyasny Asset Management L.P. raised its stake in Aptiv by 6,711.4% during the second quarter. Balyasny Asset Management L.P. now owns 1,434,076 shares of the auto parts company’s stock worth $97,833,000 after acquiring an additional 1,413,022 shares in the last quarter. 94.21% of the stock is owned by institutional investors and hedge funds.

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.