Ameriprise Financial Inc. Invests $297.92 Million in Aptiv PLC $APTV

Ameriprise Financial Inc. bought a new stake in Aptiv PLC (NYSE:APTV) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 3,450,314 shares of the auto parts company’s stock, valued at approximately $297,917,000. Ameriprise Financial Inc. owned approximately 1.60% of Aptiv as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Truist Financial Corp lifted its holdings in Aptiv by 1,036.0% in the 3rd quarter. Truist Financial Corp now owns 396,443 shares of the auto parts company’s stock valued at $34,181,000 after purchasing an additional 361,546 shares in the last quarter. Norges Bank acquired a new position in shares of Aptiv in the second quarter valued at approximately $187,652,000. Fjarde AP Fonden Fourth Swedish National Pension Fund raised its position in shares of Aptiv by 1,259.2% in the third 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 buying an additional 125,400 shares during the last quarter. Allstate Corp purchased a new position in shares of Aptiv during the third quarter valued at approximately $704,000. Finally, Nordea Investment Management AB grew its stake 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 during the period. Institutional investors and hedge funds own 94.21% of the company’s stock.

Wall Street Analysts Forecast Growth

APTV has been the topic of several analyst reports. JPMorgan Chase & Co. raised their price objective on Aptiv from $104.00 to $105.00 and gave the stock an “overweight” rating in a report on Friday, March 6th. Bank of America initiated coverage on Aptiv in a research note on Wednesday, March 4th. They issued a “buy” rating for the company. UBS Group upgraded Aptiv from a “neutral” rating to a “buy” rating and increased their target price for the stock from $89.00 to $97.00 in a research report on Thursday. Fox Advisors raised Aptiv from an “equal weight” rating to an “overweight” rating and set a $110.00 price target on the stock in a research note on Tuesday, January 13th. Finally, Evercore lifted their price target on Aptiv from $95.00 to $100.00 and gave the company an “outperform” rating in a report on Monday, November 24th. Sixteen equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $100.24.

Aptiv Stock Up 1.6%

Shares of Aptiv stock opened at $71.63 on Tuesday. The company has a fifty day moving average price of $78.80 and a 200 day moving average price of $80.12. The company has a current ratio of 1.74, a quick ratio of 1.23 and a debt-to-equity ratio of 0.79. Aptiv PLC has a twelve month low of $47.19 and a twelve month high of $88.93. The stock has a market cap of $15.24 billion, a price-to-earnings ratio of 94.25, a price-to-earnings-growth ratio of 1.02 and a beta of 1.50.

Aptiv (NYSE:APTV) last posted its earnings results on Monday, February 2nd. The auto parts company reported $1.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.82 by $0.04. Aptiv had a return on equity of 18.22% and a net margin of 0.81%.The business had revenue of $5.15 billion during the quarter, compared to analyst estimates of $5.07 billion. During the same quarter last year, the firm earned $1.75 earnings per share. The company’s revenue for the quarter 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. Equities research analysts forecast that Aptiv PLC will post 7.2 earnings per share for the current fiscal year.

Insider Buying and Selling at Aptiv

In other 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 transaction of $425,000.00. Following the completion of the sale, the executive vice president 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.45% of the company’s stock.

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.