Aptiv (NYSE:APTV) Given New $53.00 Price Target at Barclays

Key Points

• Barclays cut its Aptiv price target from $60 to $53 but maintained an “overweight” rating; the new target implies 21.19% upside from the stock’s current price.
• Aptiv reported quarterly earnings of $1.42 per share, beating the $1.33 consensus, and revenue of $3.20 billion, also ahead of estimates and up 2.3% year over year.
• Analyst sentiment overall remains “Moderate Buy,” with an average price target of $71.64; Aptiv shares rose 5.8% to $43.73 in Wednesday trading.

Aptiv (NYSE:APTV - Get Free Report) had its price objective reduced by investment analysts at Barclays from $60.00 to $53.00 in a research report issued to clients and investors on Wednesday, Benzinga reports. The brokerage presently has an "overweight" rating on the auto parts company's stock. Barclays's target price suggests a potential upside of 21.19% from the stock's current price.

Several other research analysts have also commented on the stock. Argus set a $64.00 price objective on shares of Aptiv in a research note on Thursday, August 13th. Robert W. Baird set a $59.00 target price on shares of Aptiv in a research note on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft cut shares of Aptiv from a "buy" rating to a "hold" rating and set a $56.00 price target for the company. in a research note on Wednesday, August 5th. Benchmark upgraded shares of Aptiv to a "strong-buy" rating in a report on Wednesday, September 9th. Finally, TD Cowen reduced their price objective on shares of Aptiv from $90.00 to $77.00 and set a "buy" rating on the stock in a research report on Wednesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat, Aptiv presently has an average rating of "Moderate Buy" and an average price target of $71.64.

Aptiv Trading Up 5.8%

APTV stock traded up $2.39 during midday trading on Wednesday, reaching $43.73. 1,818,117 shares of the company traded hands, compared to its average volume of 3,266,053. Aptiv has a 52-week low of $41.11 and a 52-week high of $88.93. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.33 and a current ratio of 2.02. The business has a 50 day moving average of $44.42 and a 200-day moving average of $59.55. The firm has a market capitalization of $9.08 billion, a price-to-earnings ratio of 41.28, a P/E/G ratio of 0.86 and a beta of 1.43.

Aptiv (NYSE:APTV - Get Free Report) last announced its earnings results on Tuesday, November 3rd. The auto parts company reported $1.42 EPS for the quarter, topping analysts' consensus estimates of $1.33 by $0.09. The firm had revenue of $3.20 billion during the quarter, compared to analysts' expectations of $3.17 billion. Aptiv had a return on equity of 17.10% and a net margin of 1.17%. The company's quarterly revenue was up 2.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.17 EPS. As a group, sell-side analysts expect that Aptiv will post 5.68 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Aptiv

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Brighton Jones LLC boosted its position in Aptiv by 325.2% in the 3rd quarter. Brighton Jones LLC now owns 18,157 shares of the auto parts company's stock worth $781,000 after purchasing an additional 13,887 shares in the last quarter. CenterBook Partners LP purchased a new position in Aptiv in the third quarter valued at $346,000. Heritage Family Offices LLP acquired a new position in shares of Aptiv in the third quarter worth about $35,000. Calamos Advisors LLC raised its position in shares of Aptiv by 2.1% in the third quarter. Calamos Advisors LLC now owns 136,890 shares of the auto parts company's stock worth $5,889,000 after acquiring an additional 2,769 shares during the period. Finally, Bfsg LLC purchased a new stake in shares of Aptiv during the 3rd quarter worth about $228,000. Institutional investors own 94.21% of the company's stock.

More Aptiv News

Here are the key news stories impacting Aptiv this week:

• Positive Sentiment: Aptiv reported adjusted earnings of $1.42 per share, above the $1.33 consensus, and revenue of $3.20 billion, ahead of expectations. Revenue grew 2.3% year over year, with Engineered Components and non-auto growth cited as contributors. Article: Aptiv Q3 Earnings Surpass Estimates Amid Non-Auto Growth
• Positive Sentiment: Management outlined a $20 billion bookings target for 2026 and plans to return 100% of free cash flow to shareholders through 2027, supporting the case for future growth and capital returns. Article: Aptiv outlines bookings target and free-cash-flow return plan
• Negative Sentiment: The beat was tempered by weaker earnings compared with a year earlier—$1.42 per share versus $2.17—and reports of margin pressure and a lackluster profit outlook, including caution about 2027. This could limit optimism about the durability of the quarter’s performance. Article: Aptiv's solid Q3 results overshadowed by lackluster profit outlook

About Aptiv

Aptiv PLC NYSE: APTV is a global automotive technology company that develops systems and software intended to make vehicles safer, more connected and increasingly automated. Its solutions are used by automakers in passenger vehicles and commercial vehicles worldwide.

The company's product portfolio includes advanced driver-assistance and active-safety systems, vehicle computing platforms, infotainment and connectivity technologies, automated-driving solutions, and electrical and electronic distribution systems.

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