Aptiv (NYSE:APTV) Earns "Hold (C)" Rating from Weiss Ratings

Key Points

• Aptiv's stock has received a "hold (C)" rating from Weiss Ratings, while additional analysts have increased their price targets, indicating mixed ratings that include three "Strong Buy" and twelve "Buy" ratings.
• In its latest earnings report, Aptiv surpassed analysts' expectations with earnings of $2.12 per share and a revenue of $5.21 billion, reflecting a 3.1% increase year-over-year.
• Aptiv's stock price recently decreased to $84.47 per share, with a market cap of $18.39 billion and average price target set at $87.81 according to consensus ratings.

Aptiv (NYSE:APTV - Get Free Report)'s stock had its "hold (c)" rating reiterated by equities research analysts at Weiss Ratings in a report issued on Wednesday,Weiss Ratings reports.

A number of other research analysts have also commented on APTV. Oppenheimer increased their price objective on Aptiv from $88.00 to $92.00 and gave the company an "outperform" rating in a research report on Thursday, September 11th. Morgan Stanley increased their price objective on Aptiv from $55.00 to $60.00 and gave the company an "underweight" rating in a research report on Tuesday, August 12th. JPMorgan Chase & Co. raised their price target on Aptiv from $85.00 to $90.00 and gave the stock an "overweight" rating in a research report on Friday, August 1st. Robert W. Baird raised their price target on Aptiv from $84.00 to $97.00 and gave the stock an "outperform" rating in a research report on Wednesday, September 3rd. Finally, Bank of America raised their price target on Aptiv from $85.00 to $95.00 and gave the stock a "buy" rating in a research report on Wednesday, September 10th. Three research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Aptiv presently has a consensus rating of "Moderate Buy" and an average price target of $87.81.

Aptiv Price Performance

APTV stock traded down $0.79 during midday trading on Wednesday, reaching $84.47. 1,750,096 shares of the company's stock traded hands, compared to its average volume of 2,870,816. The company has a 50-day simple moving average of $78.68 and a two-hundred day simple moving average of $68.89. Aptiv has a 1-year low of $47.19 and a 1-year high of $88.80. The company has a market cap of $18.39 billion, a price-to-earnings ratio of 19.33, a PEG ratio of 0.97 and a beta of 1.55. The company has a quick ratio of 1.24, a current ratio of 1.76 and a debt-to-equity ratio of 0.79.

Aptiv (NYSE:APTV - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The auto parts company reported $2.12 earnings per share for the quarter, beating analysts' consensus estimates of $1.83 by $0.29. The firm had revenue of $5.21 billion during the quarter, compared to analysts' expectations of $5.02 billion. Aptiv had a return on equity of 18.46% and a net margin of 5.12%.The business's revenue was up 3.1% on a year-over-year basis. During the same period last year, the firm posted $1.58 EPS. Aptiv has set its FY 2025 guidance at 7.300-7.600 EPS. Q3 2025 guidance at 1.600-1.800 EPS. On average, analysts anticipate that Aptiv will post 7.2 earnings per share for the current year.

Insiders Place Their Bets

In other Aptiv news, CAO Allan J. Brazier sold 1,000 shares of Aptiv stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $85.00, for a total value of $85,000.00. Following the sale, the chief accounting officer owned 49,820 shares of the company's stock, valued at $4,234,700. This trade represents a 1.97% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 0.45% of the company's stock.

Institutional Trading of Aptiv

Several hedge funds and other institutional investors have recently modified their holdings of the company. Czech National Bank raised its stake in shares of Aptiv by 3.9% in the 3rd quarter. Czech National Bank now owns 55,307 shares of the auto parts company's stock valued at $4,769,000 after purchasing an additional 2,087 shares during the period. GAMMA Investing LLC increased its position in shares of Aptiv by 24.6% in the third quarter. GAMMA Investing LLC now owns 3,890 shares of the auto parts company's stock valued at $335,000 after acquiring an additional 768 shares during the last quarter. Corient Private Wealth LLC grew its holdings in Aptiv by 48.8% during the second quarter. Corient Private Wealth LLC now owns 18,153 shares of the auto parts company's stock worth $1,238,000 after purchasing an additional 5,952 shares during the period. Orion Porfolio Solutions LLC grew its holdings in Aptiv by 2.7% during the second quarter. Orion Porfolio Solutions LLC now owns 27,116 shares of the auto parts company's stock worth $1,850,000 after purchasing an additional 703 shares during the period. Finally, Advisory Services Network LLC grew its holdings in Aptiv by 5.3% during the second quarter. Advisory Services Network LLC now owns 16,754 shares of the auto parts company's stock worth $1,150,000 after purchasing an additional 837 shares during the period. Institutional investors and hedge funds own 94.21% of the company's stock.

About Aptiv

Aptiv PLC engages in design, manufacture, and sale of vehicle components in North America, Europe, Middle East, Africa, the Asia Pacific, South America, and internationally. The company provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets. It operates through two segments, Signal and Power Solutions, and Advanced Safety and User Experience.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.