Aptiv PLC $APTV Shares Sold by Atlantic Investment Management Inc.

Atlantic Investment Management Inc. reduced its position in shares of Aptiv PLC (NYSE:APTV) by 13.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 305,471 shares of the auto parts company’s stock after selling 45,500 shares during the quarter. Aptiv accounts for approximately 15.1% of Atlantic Investment Management Inc.’s investment portfolio, making the stock its 2nd biggest holding. Atlantic Investment Management Inc. owned approximately 0.14% of Aptiv worth $26,338,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Truist Financial Corp increased its position in shares of Aptiv by 1,036.0% in the third quarter. Truist Financial Corp now owns 396,443 shares of the auto parts company’s stock valued at $34,181,000 after buying an additional 361,546 shares in the last quarter. Norges Bank purchased a new position in shares of Aptiv during the 2nd quarter valued at approximately $187,652,000. Fjarde AP Fonden Fourth Swedish National Pension Fund grew its stake in Aptiv by 1,259.2% in the 3rd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 135,359 shares of the auto parts company’s stock valued at $11,671,000 after acquiring an additional 125,400 shares during the period. Allstate Corp acquired a new stake in Aptiv in the 3rd quarter valued at $704,000. Finally, Nordea Investment Management AB increased its holdings in Aptiv by 14,336.5% in the 3rd quarter. Nordea Investment Management AB now owns 3,411,780 shares of the auto parts company’s stock worth $291,127,000 after acquiring an additional 3,388,147 shares in the last quarter. Hedge funds and other institutional investors own 94.21% of the company’s stock.

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 shares were sold at an average price of $85.00, for a total value of $425,000.00. Following the transaction, the executive vice president directly owned 116,959 shares of the company’s stock, valued at $9,941,515. This trade represents a 4.10% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.45% of the company’s stock.

Aptiv Price Performance

Aptiv stock opened at $70.42 on Friday. Aptiv PLC has a 52-week low of $47.19 and a 52-week high of $88.93. The firm has a market capitalization of $14.98 billion, a price-to-earnings ratio of 92.65, a PEG ratio of 1.02 and a beta of 1.50. The company has a fifty day simple moving average of $78.98 and a 200-day simple moving average of $80.18. The company has a quick ratio of 1.23, a current ratio of 1.74 and a debt-to-equity ratio of 0.79.

Aptiv (NYSE:APTV) last posted its quarterly earnings results on Monday, February 2nd. The auto parts company reported $1.86 earnings per share for the quarter, topping the consensus estimate of $1.82 by $0.04. The firm had revenue of $5.15 billion for the quarter, compared to the consensus estimate of $5.07 billion. Aptiv had a net margin of 0.81% and a return on equity of 18.22%. The company’s revenue for the quarter was up 5.0% on a year-over-year basis. During the same period last year, the firm posted $1.75 earnings per share. Aptiv has set its Q1 2026 guidance at 1.550-1.750 EPS and its FY 2026 guidance at 8.150-8.750 EPS. On average, equities analysts anticipate that Aptiv PLC will post 7.2 EPS for the current fiscal year.

Analyst Ratings Changes

APTV has been the topic of several recent analyst reports. Piper Sandler increased their price objective on shares of Aptiv from $103.00 to $106.00 in a report on Tuesday, February 3rd. TD Cowen boosted their target price on shares of Aptiv from $107.00 to $108.00 in a research note on Tuesday, February 3rd. Weiss Ratings downgraded shares of Aptiv from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, March 5th. US Capital Advisors set a $110.00 price target on shares of Aptiv in a research note on Tuesday, January 13th. Finally, Oppenheimer lifted their price objective on Aptiv from $102.00 to $106.00 and gave the stock an “outperform” rating in a report on Tuesday, February 3rd. Sixteen investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $100.24.

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.