Calamos Advisors LLC Has $17.54 Million Stock Position in Aptiv PLC $APTV

Calamos Advisors LLC increased its position in shares of Aptiv PLC (NYSE:APTV) by 43.1% during the third quarter, Holdings Channel reports. The fund owned 203,427 shares of the auto parts company’s stock after acquiring an additional 61,265 shares during the quarter. Calamos Advisors LLC’s holdings in Aptiv were worth $17,539,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. True Wealth Design LLC grew its position in Aptiv by 83.8% during the 2nd quarter. True Wealth Design LLC now owns 397 shares of the auto parts company’s stock worth $27,000 after purchasing an additional 181 shares in the last quarter. 1248 Management LLC purchased a new position in shares of Aptiv during the first quarter valued at $28,000. Geneos Wealth Management Inc. raised its position in Aptiv by 452.3% during the first quarter. Geneos Wealth Management Inc. now owns 486 shares of the auto parts company’s stock valued at $29,000 after buying an additional 398 shares during the period. Allworth Financial LP lifted its stake in Aptiv by 175.9% in the 2nd quarter. Allworth Financial LP now owns 560 shares of the auto parts company’s stock worth $38,000 after acquiring an additional 357 shares in the last quarter. Finally, Cromwell Holdings LLC boosted its position in Aptiv by 4,035.7% during the 2nd quarter. Cromwell Holdings LLC now owns 579 shares of the auto parts company’s stock worth $39,000 after acquiring an additional 565 shares during the period. Institutional investors and hedge funds own 94.21% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. Barclays raised shares of Aptiv from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $85.00 to $105.00 in a research report on Friday, September 12th. Cowen reiterated a “buy” rating on shares of Aptiv in a research report on Friday, October 31st. UBS Group boosted their price target on shares of Aptiv from $75.00 to $94.00 and gave the company a “neutral” rating in a report on Monday, October 6th. Argus increased their price objective on Aptiv from $78.00 to $99.00 in a report on Monday, November 10th. Finally, Daiwa Capital Markets boosted their target price on Aptiv from $79.00 to $100.00 and gave the company an “outperform” rating in a research note on Wednesday, October 1st. Four 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 MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $96.63.

Aptiv Price Performance

NYSE APTV opened at $76.88 on Wednesday. Aptiv PLC has a 1 year low of $47.19 and a 1 year high of $88.80. The company has a fifty day simple moving average of $78.98 and a 200 day simple moving average of $77.06. 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 company has a market cap of $16.61 billion, a P/E ratio of 61.02, a P/E/G ratio of 0.97 and a beta of 1.51.

Aptiv (NYSE:APTV) last released its earnings results on Thursday, October 30th. The auto parts company reported $2.17 earnings per share for the quarter, topping analysts’ consensus estimates of $1.81 by $0.36. The firm had revenue of $5.21 billion during 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%. The business’s revenue was up 7.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $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. On average, sell-side analysts predict that Aptiv PLC will post 7.2 EPS for the current year.

Aptiv 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.