Aptiv PLC $APTV Stake Boosted by CIBC Asset Management Inc

CIBC Asset Management Inc increased its position in shares of Aptiv PLC (NYSE:APTV) by 75.8% during the 4th quarter, HoldingsChannel.com reports. The firm owned 44,638 shares of the auto parts company’s stock after purchasing an additional 19,243 shares during the period. CIBC Asset Management Inc’s holdings in Aptiv were worth $3,397,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. Saranac Partners Ltd bought a new position in Aptiv during the third quarter worth $25,000. Foster Dykema Cabot & Partners LLC bought a new position in Aptiv during the third quarter worth $30,000. Larson Financial Group LLC lifted its stake in Aptiv by 240.0% during the fourth quarter. Larson Financial Group LLC now owns 357 shares of the auto parts company’s stock worth $27,000 after purchasing an additional 252 shares during the last quarter. Geneos Wealth Management Inc. lifted its stake in Aptiv by 452.3% during the first quarter. Geneos Wealth Management Inc. now owns 486 shares of the auto parts company’s stock worth $29,000 after purchasing an additional 398 shares during the last quarter. Finally, Zions Bancorporation National Association UT lifted its stake in Aptiv by 1,411.4% during the third quarter. Zions Bancorporation National Association UT now owns 529 shares of the auto parts company’s stock worth $46,000 after purchasing an additional 494 shares during the last quarter. 94.21% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Oppenheimer reduced their price objective on Aptiv from $106.00 to $84.00 and set an “outperform” rating on the stock in a research note on Monday, April 13th. HSBC cut their target price on Aptiv from $81.32 to $75.00 and set a “buy” rating on the stock in a research note on Monday, April 27th. UBS Group cut their target price on Aptiv from $97.00 to $80.00 and set a “buy” rating on the stock in a research note on Thursday, April 2nd. Wall Street Zen cut Aptiv from a “buy” rating to a “hold” rating in a research note on Saturday. Finally, BNP Paribas Exane cut their target price on Aptiv from $107.00 to $83.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 14th. One analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Aptiv has a consensus rating of “Moderate Buy” and an average price target of $82.85.

Insiders Place Their Bets

In related news, EVP Katherine H. Ramundo sold 2,000 shares of Aptiv stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $78.30, for a total value of $156,600.00. Following the transaction, the executive vice president owned 163,752 shares of the company’s stock, valued at approximately $12,821,781.60. This trade represents a 1.21% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.06% of the company’s stock.

Aptiv Price Performance

Shares of APTV opened at $68.61 on Monday. The firm has a market capitalization of $14.52 billion, a price-to-earnings ratio of 40.60, a price-to-earnings-growth ratio of 1.14 and a beta of 1.45. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.57 and a current ratio of 2.11. Aptiv PLC has a one year low of $51.68 and a one year high of $88.93. The stock’s fifty day moving average is $60.79 and its 200-day moving average is $71.53.

Aptiv (NYSE:APTV) last released its earnings results on Tuesday, May 5th. The auto parts company reported $1.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.62 by $0.09. The firm had revenue of $5.09 billion for the quarter, compared to analyst estimates of $5.03 billion. Aptiv had a return on equity of 17.83% and a net margin of 1.77%.Aptiv’s revenue was up 5.4% compared to the same quarter last year. During the same period in the previous year, the company earned $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. Equities analysts anticipate that Aptiv PLC will post 6.41 EPS for the current year.

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.