Aptiv (NYSE:APTV) Price Target Raised to $105.00

Aptiv (NYSE:APTV) had its target price upped by Deutsche Bank Aktiengesellschaft from $104.00 to $105.00 in a report released on Wednesday morning,MarketScreener reports. Deutsche Bank Aktiengesellschaft currently has a buy rating on the auto parts company’s stock.

A number of other brokerages have also issued reports on APTV. Fox Advisors upgraded Aptiv from an “equal weight” rating to an “overweight” rating and set a $110.00 price target for the company in a research note on Tuesday, January 13th. Morgan Stanley set a $84.00 price target on Aptiv and gave the stock an “equal weight” rating in a report on Monday, December 8th. Argus increased their price objective on shares of Aptiv from $78.00 to $99.00 in a report on Monday, November 10th. Daiwa Capital Markets boosted their target price on shares of Aptiv from $79.00 to $100.00 and gave the stock an “outperform” rating in a report on Wednesday, October 1st. Finally, Citigroup started coverage on shares of Aptiv in a research note on Friday, October 10th. They set a “buy” rating and a $109.00 target price for the company. Three investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six 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 an average target price of $99.48.

Aptiv Trading Down 1.4%

Aptiv stock opened at $76.43 on Wednesday. Aptiv has a 12-month low of $47.19 and a 12-month high of $88.93. The firm has a market capitalization of $16.52 billion, a price-to-earnings ratio of 60.66, a P/E/G ratio of 0.90 and a beta of 1.50. The firm has a 50 day moving average of $78.25 and a 200 day moving average of $78.44. The company has a current ratio of 1.79, a quick ratio of 1.26 and a debt-to-equity ratio of 0.80.

Aptiv (NYSE:APTV) last posted its quarterly 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 business 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 company’s revenue was up 7.4% on a year-over-year basis. During the same period in the prior year, the business posted $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. As a group, research analysts predict that Aptiv will post 7.2 earnings per share for the current year.

Insider Buying and Selling

In other Aptiv news, EVP Katherine H. Ramundo sold 5,000 shares of Aptiv stock in a transaction on Thursday, January 8th. The shares were sold at an average price of $85.00, for a total value of $425,000.00. Following the completion of the transaction, the executive vice president directly owned 116,959 shares of the company’s stock, valued at $9,941,515. This trade represents a 4.10% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 0.45% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in APTV. Saranac Partners Ltd bought a new stake in Aptiv during the third quarter worth approximately $25,000. Foster Dykema Cabot & Partners LLC purchased a new position in shares of Aptiv in the 3rd quarter worth approximately $30,000. Root Financial Partners LLC bought a new position in shares of Aptiv during the 3rd quarter valued at approximately $31,000. True Wealth Design LLC raised its holdings in Aptiv by 83.8% during the 2nd quarter. True Wealth Design LLC now owns 397 shares of the auto parts company’s stock valued at $27,000 after buying an additional 181 shares during the period. Finally, Geneos Wealth Management Inc. lifted its position in Aptiv by 452.3% in the first quarter. Geneos Wealth Management Inc. now owns 486 shares of the auto parts company’s stock worth $29,000 after buying an additional 398 shares during the last quarter. Institutional investors own 94.21% of the company’s stock.

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.