Aptiv PLC $APTV Shares Sold by CWA Asset Management Group LLC

CWA Asset Management Group LLC trimmed its holdings in shares of Aptiv PLC (NYSE:APTV) by 16.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 60,796 shares of the auto parts company’s stock after selling 11,603 shares during the period. CWA Asset Management Group LLC’s holdings in Aptiv were worth $5,242,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. OLD Second National Bank of Aurora increased its position in Aptiv by 2.3% during the third quarter. OLD Second National Bank of Aurora now owns 24,015 shares of the auto parts company’s stock worth $2,071,000 after buying an additional 551 shares in the last quarter. River Street Advisors LLC boosted its stake in shares of Aptiv by 12.0% during the third quarter. River Street Advisors LLC now owns 7,306 shares of the auto parts company’s stock valued at $630,000 after acquiring an additional 785 shares during the last quarter. Asset Management One Co. Ltd. increased its position in Aptiv by 20.0% during the 3rd quarter. Asset Management One Co. Ltd. now owns 118,104 shares of the auto parts company’s stock worth $10,183,000 after purchasing an additional 19,676 shares in the last quarter. Fifth Third Wealth Advisors LLC acquired a new position in Aptiv in the 3rd quarter valued at about $234,000. Finally, Global Retirement Partners LLC lifted its holdings in Aptiv by 18.2% in the 3rd quarter. Global Retirement Partners LLC now owns 4,940 shares of the auto parts company’s stock valued at $426,000 after purchasing an additional 759 shares in the last quarter. Hedge funds and other institutional investors own 94.21% of the company’s stock.

Aptiv Trading Up 3.0%

APTV stock opened at $78.41 on Monday. The company has a quick ratio of 1.26, a current ratio of 1.79 and a debt-to-equity ratio of 0.80. The company has a market cap of $16.94 billion, a price-to-earnings ratio of 62.23, a PEG ratio of 0.92 and a beta of 1.50. The business has a fifty day simple moving average of $78.48 and a 200-day simple moving average of $77.24. Aptiv PLC has a 52 week low of $47.19 and a 52 week high of $88.80.

Aptiv (NYSE:APTV) last issued its earnings results 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 analysts’ expectations of $5.05 billion. Aptiv had a return on equity of 18.51% and a net margin of 1.46%.The firm’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same quarter last year, the firm earned $1.83 earnings per share. 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, equities research analysts expect that Aptiv PLC will post 7.2 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages have recently commented on APTV. TD Cowen lifted their price target on shares of Aptiv from $104.00 to $107.00 and gave the stock a “buy” rating in a report on Friday, October 31st. Argus lifted their target price on shares of Aptiv from $78.00 to $99.00 in a research note on Monday, November 10th. Piper Sandler boosted their price target on Aptiv from $72.00 to $87.00 and gave the company a “neutral” rating in a report on Friday, October 31st. Royal Bank Of Canada restated an “outperform” rating and set a $101.00 price objective on shares of Aptiv in a report on Wednesday, November 19th. Finally, Oppenheimer set a $94.00 target price on Aptiv and gave the company an “outperform” rating in a research note on Friday, October 31st. Four research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $96.63.

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.