Wells Fargo & Company Has Lowered Expectations for Aptiv (NYSE:APTV) Stock Price

Aptiv (NYSE:APTV) had its price target reduced by Wells Fargo & Company from $100.00 to $99.00 in a research report issued on Tuesday, Marketbeat Ratings reports. The brokerage presently has an “overweight” rating on the auto parts company’s stock. Wells Fargo & Company‘s price objective points to a potential upside of 26.14% from the company’s previous close.

A number of other research analysts have also issued reports on the stock. Piper Sandler boosted their price target on shares of Aptiv from $72.00 to $87.00 and gave the stock a “neutral” rating in a research note on Friday, October 31st. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $101.00 price objective on shares of Aptiv in a report on Wednesday, November 19th. Daiwa Capital Markets boosted their target price on Aptiv from $79.00 to $100.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 1st. Bank of America raised their price target on Aptiv from $85.00 to $95.00 and gave the company a “buy” rating in a report on Wednesday, September 10th. Finally, Morgan Stanley set a $84.00 price target on Aptiv and gave the company an “equal weight” rating in a research note on Monday. Three research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $96.63.

Aptiv Price Performance

Aptiv stock opened at $78.48 on Tuesday. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.79 and a quick ratio of 1.26. The business has a 50 day simple moving average of $80.90 and a 200-day simple moving average of $76.02. Aptiv has a 12 month low of $47.19 and a 12 month high of $88.80. The stock has a market capitalization of $16.96 billion, a PE ratio of 62.29, a price-to-earnings-growth ratio of 0.78 and a beta of 1.51.

Aptiv (NYSE:APTV) last posted its quarterly earnings data on Thursday, October 30th. The auto parts company reported $2.17 earnings per share for the quarter, beating analysts’ consensus estimates of $1.81 by $0.36. The firm had revenue of $5.21 billion for the quarter, compared to analyst estimates of $5.05 billion. Aptiv had a net margin of 1.46% and a return on equity of 18.51%. Aptiv’s quarterly revenue was up 7.4% on a year-over-year basis. During the same period last year, the firm 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. Equities analysts predict that Aptiv will post 7.2 earnings per share for the current year.

Insiders Place Their Bets

In other news, CAO Allan J. Brazier sold 1,000 shares of the firm’s stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $85.00, for a total value of $85,000.00. Following the completion of the transaction, the chief accounting officer owned 49,820 shares in the company, valued at $4,234,700. This trade represents a 1.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 0.45% of the company’s stock.

Institutional Investors Weigh In On Aptiv

A number of large investors have recently added to or reduced their stakes in APTV. Saranac Partners Ltd acquired a new position in shares of Aptiv in the third quarter valued at approximately $25,000. Zions Bancorporation National Association UT acquired a new stake in Aptiv during the first quarter worth approximately $26,000. True Wealth Design LLC grew its stake in Aptiv by 83.8% in the 2nd quarter. True Wealth Design LLC now owns 397 shares of the auto parts company’s stock worth $27,000 after acquiring an additional 181 shares during the period. 1248 Management LLC acquired a new position in Aptiv in the 1st quarter valued at $28,000. Finally, Geneos Wealth Management Inc. lifted its stake in shares of Aptiv by 452.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 486 shares of the auto parts company’s stock worth $29,000 after purchasing an additional 398 shares during the period. 94.21% of the stock is owned by institutional investors and hedge funds.

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.