Aptiv PLC (NYSE:APTV – Get Free Report) has been given an average recommendation of “Moderate Buy” by the twenty-four research firms that are currently covering the firm, Marketbeat reports. Seven analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and three have given a strong buy rating to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $96.6316.
A number of research firms have issued reports on APTV. Cowen reiterated a “buy” rating on shares of Aptiv in a research report on Friday, October 31st. Royal Bank Of Canada restated an “outperform” rating and issued a $101.00 target price on shares of Aptiv in a research report on Wednesday, November 19th. Piper Sandler boosted their target price on shares of Aptiv from $72.00 to $87.00 and gave the stock a “neutral” rating in a report on Friday, October 31st. Wells Fargo & Company dropped their price target on shares of Aptiv from $100.00 to $99.00 and set an “overweight” rating for the company in a research note on Tuesday. Finally, Barclays raised shares of Aptiv from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $85.00 to $105.00 in a research note on Friday, September 12th.
Get Our Latest Research Report on Aptiv
Aptiv Trading Up 2.8%
Aptiv (NYSE:APTV – Get Free Report) last released its quarterly earnings data on Thursday, October 30th. The auto parts company reported $2.17 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $5.21 billion for the quarter, compared to analyst estimates of $5.05 billion. During the same quarter in the prior year, the company earned $1.83 earnings per share. The business’s revenue for the quarter was up 7.4% compared to the same quarter last year. Aptiv has set its FY 2025 guidance at 7.550-7.850 EPS and its Q4 2025 guidance at 1.600-1.900 EPS. Sell-side analysts forecast that Aptiv will post 7.2 earnings per share for the current year.
Insider Activity at Aptiv
In other news, CAO Allan J. Brazier sold 1,000 shares of the business’s stock in a transaction that occurred on Thursday, September 18th. The shares were sold at an average price of $85.00, for a total value of $85,000.00. Following the transaction, the chief accounting officer owned 49,820 shares in the company, valued at approximately $4,234,700. The trade was a 1.97% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.45% of the company’s stock.
Institutional Trading of Aptiv
A number of institutional investors have recently bought and sold shares of the company. Charles Schwab Investment Management Inc. raised its holdings in Aptiv by 0.6% during the first quarter. Charles Schwab Investment Management Inc. now owns 1,520,372 shares of the auto parts company’s stock worth $90,462,000 after buying an additional 8,877 shares during the last quarter. Zions Bancorporation National Association UT acquired a new stake in shares of Aptiv in the 1st quarter worth about $26,000. Virtu Financial LLC acquired a new stake in shares of Aptiv in the 1st quarter worth about $710,000. Nuveen LLC bought a new position in Aptiv in the 1st quarter valued at about $47,825,000. Finally, Public Sector Pension Investment Board boosted its stake in Aptiv by 20.6% during the 1st quarter. Public Sector Pension Investment Board now owns 30,538 shares of the auto parts company’s stock valued at $1,817,000 after purchasing an additional 5,222 shares during the last quarter. Institutional investors own 94.21% of the company’s stock.
Aptiv Company Profile
Aptiv PLC engages in design, manufacture, and sale of vehicle components in North America, Europe, Middle East, Africa, the Asia Pacific, South America, and internationally. The company provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets. It operates through two segments, Signal and Power Solutions, and Advanced Safety and User Experience.
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