Aptiv (NYSE:APTV) Upgraded at Wall Street Zen

Key Points

• Aptiv has been upgraded from a "buy" rating to a "strong-buy" rating by Wall Street Zen, reflecting increased analyst confidence in the stock.
• Wells Fargo increased their target price for Aptiv from $89.00 to $103.00 and assigned an "overweight" rating, while other analysts have adjusted their ratings, indicating varied outlooks on the stock.
• The company reported $2.12 EPS for the last quarter, exceeding expectations of $1.83, and set FY 2025 guidance of 7.300-7.600 EPS, suggesting strong financial performance.

Aptiv (NYSE:APTV - Get Free Report) was upgraded by investment analysts at Wall Street Zen from a "buy" rating to a "strong-buy" rating in a report issued on Tuesday.

A number of other analysts have also commented on the stock. Wolfe Research lowered shares of Aptiv from an "outperform" rating to a "peer perform" rating in a research note on Wednesday, July 2nd. Guggenheim lowered shares of Aptiv from a "buy" rating to a "neutral" rating in a research report on Wednesday, June 4th. Wells Fargo & Company boosted their target price on shares of Aptiv from $89.00 to $103.00 and gave the company an "overweight" rating in a research report on Tuesday, September 9th. Bank of America boosted their target price on shares of Aptiv from $85.00 to $95.00 and gave the company a "buy" rating in a research report on Wednesday, September 10th. Finally, Robert W. Baird boosted their target price on shares of Aptiv from $84.00 to $97.00 and gave the company an "outperform" rating in a research report on Wednesday, September 3rd. Three equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $85.53.

Aptiv Price Performance

APTV stock opened at $85.61 on Tuesday. The firm has a market cap of $18.64 billion, a P/E ratio of 19.59, a P/E/G ratio of 0.95 and a beta of 1.48. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.24 and a current ratio of 1.76. The firm's fifty day moving average is $75.06 and its 200 day moving average is $67.14. Aptiv has a 52 week low of $47.19 and a 52 week high of $86.43.

Aptiv (NYSE:APTV - Get Free Report) last posted its earnings results on Thursday, July 31st. The auto parts company reported $2.12 EPS for the quarter, topping the consensus estimate 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 net margin of 5.12% and a return on equity of 18.46%. The company's quarterly revenue was up 3.1% compared to the same quarter last year. During the same period last year, the company 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. Research analysts predict that Aptiv will post 7.2 earnings per share for the current year.

Insider Activity at Aptiv

In other news, CAO Allan J. Brazier sold 1,000 shares of the company's stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $85.00, for a total value of $85,000.00. Following 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 transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.45% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. True Wealth Design LLC boosted its holdings in shares of Aptiv by 83.8% in the 2nd 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 in the last quarter. Zions Bancorporation National Association UT bought a new stake in shares of Aptiv in the 1st quarter valued at about $26,000. 1248 Management LLC purchased a new position in shares of Aptiv in the 1st quarter valued at approximately $28,000. Geneos Wealth Management Inc. raised its position in shares of Aptiv by 452.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 486 shares of the auto parts company's stock valued at $29,000 after purchasing an additional 398 shares during the last quarter. Finally, Allworth Financial LP raised its position in shares of Aptiv by 175.9% in the 2nd quarter. Allworth Financial LP now owns 560 shares of the auto parts company's stock valued at $38,000 after purchasing an additional 357 shares during the last quarter. 94.21% of the stock is currently owned by institutional investors.

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.

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