Aptiv (NYSE:APTV) Sets New 52-Week High on Analyst Upgrade

Key Points

• Aptiv's stock reached a new 52-week high of $86.50 following an upgrade from Wall Street Zen, raising its rating from buy to strong buy.
• Multiple analysts have revised their target prices for Aptiv, with a consensus price target of $85.53 and a predominant rating of "Moderate Buy."
• The company reported a quarterly earnings per share (EPS) of $2.12, surpassing analysts' expectations of $1.83, along with revenue of $5.21 billion.

Aptiv PLC (NYSE:APTV - Get Free Report)'s share price hit a new 52-week high during trading on Tuesday after Wall Street Zen upgraded the stock from a buy rating to a strong-buy rating. The stock traded as high as $86.50 and last traded at $86.22, with a volume of 380925 shares. The stock had previously closed at $85.39.

Several other equities analysts have also recently weighed in on APTV. Robert W. Baird lifted their target price on Aptiv from $84.00 to $97.00 and gave the company an "outperform" rating in a research note on Wednesday, September 3rd. Royal Bank Of Canada lifted their target price on Aptiv from $85.00 to $92.00 and gave the company an "outperform" rating in a research note on Tuesday, August 5th. Oppenheimer lifted their target price on Aptiv from $88.00 to $92.00 and gave the company an "outperform" rating in a research note on Thursday, September 11th. Bank of America boosted their price target on Aptiv from $85.00 to $95.00 and gave the company a "buy" rating in a research note on Wednesday, September 10th. Finally, JPMorgan Chase & Co. boosted their price target on Aptiv from $85.00 to $90.00 and gave the company an "overweight" rating in a research note on Friday, August 1st. Three equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $85.53.

Insider Activity at Aptiv

In related news, CAO Allan J. Brazier sold 1,000 shares of the company's stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $85.00, for a total value of $85,000.00. Following the completion of the transaction, the chief accounting officer directly owned 49,820 shares in the company, valued at approximately $4,234,700. This represents a 1.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.45% of the stock is currently owned by company insiders.

Institutional Trading of Aptiv

Several large investors have recently made changes to their positions in the business. Stephens Inc. AR lifted its stake in shares of Aptiv by 3.9% during the second quarter. Stephens Inc. AR now owns 4,096 shares of the auto parts company's stock valued at $279,000 after acquiring an additional 155 shares during the period. Gamco Investors INC. ET AL lifted its stake in shares of Aptiv by 1.7% during the first quarter. Gamco Investors INC. ET AL now owns 9,760 shares of the auto parts company's stock valued at $581,000 after acquiring an additional 160 shares during the period. AlTi Global Inc. lifted its stake in shares of Aptiv by 1.6% during the first quarter. AlTi Global Inc. now owns 10,677 shares of the auto parts company's stock valued at $635,000 after acquiring an additional 173 shares during the period. Steward Partners Investment Advisory LLC lifted its stake in shares of Aptiv by 18.5% during the second quarter. Steward Partners Investment Advisory LLC now owns 1,148 shares of the auto parts company's stock valued at $78,000 after acquiring an additional 179 shares during the period. Finally, True Wealth Design LLC lifted its stake in Aptiv by 83.8% in the second quarter. True Wealth Design LLC now owns 397 shares of the auto parts company's stock valued at $27,000 after buying an additional 181 shares during the period. Institutional investors own 94.21% of the company's stock.

Aptiv Stock Up 0.7%

The firm has a 50 day simple moving average of $75.06 and a two-hundred day simple moving average of $67.14. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.76 and a quick ratio of 1.24. The stock has a market cap of $18.73 billion, a price-to-earnings ratio of 19.67, a price-to-earnings-growth ratio of 0.95 and a beta of 1.48.

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

Aptiv Company Profile

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.

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