Allstate Corp Has $1.29 Million Stake in Aptiv PLC $APTV

Allstate Corp raised its holdings in Aptiv PLC (NYSE:APTV) by 107.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 16,918 shares of the auto parts company’s stock after acquiring an additional 8,755 shares during the period. Allstate Corp’s holdings in Aptiv were worth $1,287,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Truist Financial Corp lifted its holdings in shares of Aptiv by 1,036.0% in the third quarter. Truist Financial Corp now owns 396,443 shares of the auto parts company’s stock valued at $34,181,000 after purchasing an additional 361,546 shares in the last quarter. Nordea Investment Management AB raised its holdings in Aptiv by 34.2% during the fourth quarter. Nordea Investment Management AB now owns 4,579,726 shares of the auto parts company’s stock worth $349,067,000 after acquiring an additional 1,167,946 shares in the last quarter. Thematics Asset Management raised its holdings in Aptiv by 56.9% during the third quarter. Thematics Asset Management now owns 261,454 shares of the auto parts company’s stock worth $22,543,000 after acquiring an additional 94,782 shares in the last quarter. Ameriprise Financial Inc. bought a new stake in Aptiv during the third quarter worth about $297,917,000. Finally, Dimensional Fund Advisors LP raised its holdings in Aptiv by 2.6% during the third quarter. Dimensional Fund Advisors LP now owns 2,545,257 shares of the auto parts company’s stock worth $219,443,000 after acquiring an additional 65,546 shares in the last quarter. 94.21% of the stock is owned by institutional investors and hedge funds.

Aptiv Trading Up 7.0%

NYSE:APTV opened at $68.13 on Friday. The company has a current ratio of 2.11, a quick ratio of 1.57 and a debt-to-equity ratio of 0.98. The stock has a market capitalization of $14.42 billion, a PE ratio of 40.31, a price-to-earnings-growth ratio of 1.06 and a beta of 1.42. The firm’s 50 day moving average is $60.57 and its 200 day moving average is $71.89. Aptiv PLC has a 12 month low of $51.68 and a 12 month high of $88.93.

Aptiv (NYSE:APTV) last posted its earnings results on Tuesday, May 5th. The auto parts company reported $1.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.62 by $0.09. The firm had revenue of $5.09 billion for the quarter, compared to the consensus estimate of $5.03 billion. Aptiv had a return on equity of 17.83% and a net margin of 1.77%.The business’s quarterly revenue was up 5.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.69 earnings per share. Aptiv has set its FY 2026 guidance at 5.700-6.100 EPS and its Q2 2026 guidance at 1.300-1.500 EPS. Sell-side analysts expect that Aptiv PLC will post 6.41 earnings per share for the current year.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Argus dropped their target price on Aptiv from $99.00 to $69.00 and set a “buy” rating on the stock in a report on Wednesday. Wells Fargo & Company upped their price objective on Aptiv from $81.00 to $82.00 and gave the company an “overweight” rating in a research note on Wednesday, May 6th. Barclays dropped their price objective on Aptiv from $77.00 to $73.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 6th. Royal Bank Of Canada reduced their target price on Aptiv from $104.00 to $81.00 and set an “outperform” rating on the stock in a report on Tuesday, March 31st. Finally, TD Cowen reduced their target price on Aptiv from $93.00 to $90.00 and set a “buy” rating on the stock in a report on Wednesday, April 15th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Aptiv has a consensus rating of “Moderate Buy” and a consensus target price of $82.85.

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.