California Public Employees Retirement System Buys 18,079 Shares of Aptiv PLC $APTV

California Public Employees Retirement System increased its stake in shares of Aptiv PLC (NYSE:APTV) by 4.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 412,614 shares of the auto parts company’s stock after acquiring an additional 18,079 shares during the quarter. California Public Employees Retirement System owned approximately 0.19% of Aptiv worth $28,149,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Cerity Partners LLC boosted its position in shares of Aptiv by 87.3% during the 2nd quarter. Cerity Partners LLC now owns 59,626 shares of the auto parts company’s stock worth $4,068,000 after purchasing an additional 27,785 shares in the last quarter. Jump Financial LLC bought a new position in Aptiv in the second quarter worth approximately $956,000. First Trust Advisors LP grew its stake in Aptiv by 2.0% in the second quarter. First Trust Advisors LP now owns 1,368,227 shares of the auto parts company’s stock valued at $93,340,000 after acquiring an additional 27,193 shares during the period. EverSource Wealth Advisors LLC increased its holdings in shares of Aptiv by 523.1% during the second quarter. EverSource Wealth Advisors LLC now owns 2,561 shares of the auto parts company’s stock valued at $175,000 after acquiring an additional 2,150 shares in the last quarter. Finally, Invesco Ltd. increased its stake in Aptiv by 7.1% during the 2nd quarter. Invesco Ltd. now owns 3,618,847 shares of the auto parts company’s stock valued at $246,878,000 after purchasing an additional 238,880 shares in the last quarter. 94.21% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Aptiv news, CAO Allan J. Brazier sold 1,000 shares of the business’s stock in a transaction dated 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 directly owned 49,820 shares in the company, valued at $4,234,700. The trade was a 1.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.45% of the stock is currently owned by insiders.

Aptiv Stock Performance

Shares of Aptiv stock opened at $78.48 on Thursday. The firm has a market capitalization of $16.96 billion, a P/E ratio of 62.29, a price-to-earnings-growth ratio of 0.78 and a beta of 1.51. The company has a current ratio of 1.79, a quick ratio of 1.26 and a debt-to-equity ratio of 0.80. The business’s fifty day simple moving average is $80.90 and its 200 day simple moving average is $76.02. Aptiv PLC has a 12 month low of $47.19 and a 12 month high of $88.80.

Aptiv (NYSE:APTV) last released its earnings results on Thursday, October 30th. The auto parts company reported $2.17 EPS for the quarter, topping analysts’ consensus estimates of $1.81 by $0.36. The company had revenue of $5.21 billion for the quarter, compared to analysts’ expectations of $5.05 billion. Aptiv had a return on equity of 18.51% and a net margin of 1.46%.The business’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same period in the previous year, the business posted $1.83 EPS. Aptiv has set its FY 2025 guidance at 7.550-7.850 EPS and its Q4 2025 guidance at 1.600-1.900 EPS. As a group, analysts anticipate that Aptiv PLC will post 7.2 EPS for the current year.

Analyst Ratings Changes

APTV has been the subject of several recent research reports. Citigroup started coverage on shares of Aptiv in a research report on Friday, October 10th. They set a “buy” rating and a $109.00 target price for the company. Weiss Ratings reissued a “hold (c-)” rating on shares of Aptiv in a research note on Monday. BNP Paribas Exane raised their target price on Aptiv from $100.00 to $107.00 in a report on Friday, November 21st. Bank of America upped their price target on Aptiv from $85.00 to $95.00 and gave the stock a “buy” rating in a report on Wednesday, September 10th. Finally, Barclays upgraded Aptiv from an “equal weight” rating to an “overweight” rating and raised their price objective for the company from $85.00 to $105.00 in a research note on Friday, September 12th. Three equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $96.63.

About Aptiv

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.