Teacher Retirement System of Texas Buys 90,514 Shares of Aptiv PLC $APTV

Teacher Retirement System of Texas grew its position in shares of Aptiv PLC (NYSE:APTV) by 259.5% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 125,396 shares of the auto parts company’s stock after purchasing an additional 90,514 shares during the quarter. Teacher Retirement System of Texas owned about 0.06% of Aptiv worth $10,812,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of APTV. True Wealth Design LLC raised its stake in Aptiv by 83.8% during the second quarter. True Wealth Design LLC now owns 397 shares of the auto parts company’s stock worth $27,000 after buying an additional 181 shares during the last quarter. Geneos Wealth Management Inc. grew its holdings in 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 acquiring an additional 398 shares during the period. Root Financial Partners LLC bought a new position in shares of Aptiv in the 3rd quarter worth about $31,000. Allworth Financial LP lifted its stake in shares of Aptiv by 175.9% in the 2nd quarter. Allworth Financial LP now owns 560 shares of the auto parts company’s stock valued at $38,000 after purchasing an additional 357 shares during the period. Finally, Cromwell Holdings LLC boosted its position in shares of Aptiv by 4,035.7% during the 2nd quarter. Cromwell Holdings LLC now owns 579 shares of the auto parts company’s stock valued at $39,000 after purchasing an additional 565 shares in the last quarter. 94.21% of the stock is owned by institutional investors.

Aptiv Stock Performance

APTV opened at $76.43 on Monday. Aptiv PLC has a 1-year low of $47.19 and a 1-year high of $88.93. The company has a market cap of $16.52 billion, a price-to-earnings ratio of 60.66, a PEG ratio of 0.93 and a beta of 1.50. The company’s fifty day moving average price is $78.25 and its two-hundred day moving average price is $78.54. 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 earnings results on Thursday, October 30th. The auto parts company reported $2.17 EPS for the quarter, topping the consensus estimate of $1.81 by $0.36. Aptiv had a net margin of 1.46% and a return on equity of 18.51%. The company had revenue of $5.21 billion during the quarter, compared to the consensus estimate of $5.05 billion. During the same period in the previous year, the firm posted $1.83 earnings per share. The firm’s revenue for the quarter was up 7.4% on a year-over-year basis. 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, analysts expect that Aptiv PLC will post 7.2 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on APTV shares. BNP Paribas Exane boosted their price target on Aptiv from $100.00 to $107.00 in a research note on Friday, November 21st. Wells Fargo & Company lowered their price objective on shares of Aptiv from $100.00 to $99.00 and set an “overweight” rating for the company in a research note on Tuesday, December 9th. Oppenheimer increased their target price on shares of Aptiv from $94.00 to $102.00 and gave the stock an “outperform” rating in a research note on Wednesday. Daiwa Capital Markets raised their price target 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, Deutsche Bank Aktiengesellschaft upped their price objective on shares of Aptiv from $104.00 to $105.00 and gave the company a “buy” rating in a report on Wednesday, January 21st. Three research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, Aptiv currently has a consensus rating of “Moderate Buy” and an average target price of $99.48.

Insider Activity at Aptiv

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

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.