Benchmark Upgrades Aptiv (NYSE:APTV) to "Strong-Buy"

Key Points

• Benchmark upgraded Aptiv to “strong buy,” while broader analyst sentiment remains “Moderate Buy,” with an average price target of $75.66.
• Aptiv’s shares opened at $45.47, near their one-year low of $43.83 and well below the one-year high of $88.93. The stock has a $9.44 billion market capitalization and trades at a P/E ratio of 42.89.
• The company exceeded quarterly earnings expectations, reporting $1.63 in EPS versus the $1.42 consensus estimate, although revenue of $3.27 billion came in slightly below forecasts. Institutional investors own approximately 94.21% of Aptiv’s shares.

Aptiv (NYSE:APTV - Get Free Report) was upgraded by investment analysts at Benchmark to a "strong-buy" rating in a research report issued on Wednesday, Zacks reports.

APTV has been the topic of several other research reports. Barclays lowered their price objective on Aptiv from $73.00 to $65.00 and set an "overweight" rating on the stock in a research report on Monday, August 10th. Citigroup decreased their target price on shares of Aptiv from $92.33 to $77.00 and set a "buy" rating for the company in a research note on Monday, May 18th. Royal Bank Of Canada lowered their price target on shares of Aptiv from $90.00 to $78.00 and set an "outperform" rating on the stock in a report on Wednesday, August 5th. UBS Group restated a "buy" rating and set a $62.00 price target (down from $80.00) on shares of Aptiv in a research report on Wednesday, August 5th. Finally, Morgan Stanley cut shares of Aptiv from an "overweight" rating to an "equal weight" rating and cut their price objective for the company from $71.00 to $55.00 in a report on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Aptiv currently has an average rating of "Moderate Buy" and an average price target of $75.66.

Aptiv Stock Performance

APTV stock opened at $45.47 on Wednesday. Aptiv has a one year low of $43.83 and a one year high of $88.93. The firm has a market cap of $9.44 billion, a price-to-earnings ratio of 42.89, a PEG ratio of 0.89 and a beta of 1.45. 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 firm has a 50-day simple moving average of $51.88 and a two-hundred day simple moving average of $59.90.

Aptiv (NYSE:APTV - Get Free Report) last announced its earnings results on Tuesday, August 4th. The auto parts company reported $1.63 earnings per share for the quarter, topping the consensus estimate of $1.42 by $0.21. Aptiv had a return on equity of 17.10% and a net margin of 1.17%.The firm had revenue of $3.27 billion for the quarter, compared to the consensus estimate of $3.31 billion. During the same period in the previous year, the business earned $2.12 EPS. The firm's revenue for the quarter was up 2.3% on a year-over-year basis. Aptiv has set its FY 2026 guidance at 5.600-5.800 EPS and its Q3 2026 guidance at 1.250-1.350 EPS. On average, equities analysts forecast that Aptiv will post 5.69 EPS for the current fiscal year.

Institutional Investors Weigh In On Aptiv

Several hedge funds and other institutional investors have recently bought and sold shares of APTV. NewEdge Advisors LLC increased its stake in Aptiv by 502.1% during the first quarter. NewEdge Advisors LLC now owns 15,557 shares of the auto parts company's stock worth $926,000 after acquiring an additional 12,973 shares during the last quarter. Woodline Partners LP increased its position in shares of Aptiv by 439.2% during the 1st quarter. Woodline Partners LP now owns 76,109 shares of the auto parts company's stock worth $4,528,000 after purchasing an additional 61,994 shares during the last quarter. Focus Partners Wealth raised its holdings in Aptiv by 110.7% in the 1st quarter. Focus Partners Wealth now owns 9,511 shares of the auto parts company's stock valued at $566,000 after buying an additional 4,998 shares during the period. 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 valued at $29,000 after buying an additional 398 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its position in Aptiv by 523.1% in the second quarter. EverSource Wealth Advisors LLC now owns 2,561 shares of the auto parts company's stock valued at $175,000 after buying an additional 2,150 shares during the last quarter. 94.21% of the stock is currently owned by institutional investors and hedge funds.

Aptiv Company Profile

Aptiv PLC is a global automotive technology company that develops vehicle systems, software and components for automakers and other mobility customers. Its products are designed to support vehicle electrification, advanced driver assistance, automated driving, connectivity and improved vehicle safety.

The company's offerings include electrical distribution systems such as wiring harnesses, connectors and power-management components, as well as vehicle computing platforms, infotainment systems, user-interface technologies and advanced safety solutions.

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