Brokerages Set Aptiv PLC (NYSE:APTV) Price Target at $82.50

Aptiv PLC (NYSE:APTV - Get Free Report) has earned an average rating of "Moderate Buy" from the twenty-four brokerages that are covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, fourteen have given a buy rating and three have assigned a strong buy rating to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $82.50.

Several equities research analysts have issued reports on the stock. Royal Bank of Canada lifted their target price on shares of Aptiv from $60.00 to $77.00 and gave the company an "outperform" rating in a research report on Friday, May 2nd. Argus upgraded shares of Aptiv to a "strong-buy" rating in a research note on Tuesday, February 11th. UBS Group raised their price target on shares of Aptiv from $58.00 to $66.00 and gave the company a "neutral" rating in a research report on Friday, May 2nd. Wall Street Zen assumed coverage on shares of Aptiv in a research report on Thursday, May 22nd. They set a "hold" rating for the company. Finally, HSBC raised shares of Aptiv from a "hold" rating to a "buy" rating and upped their target price for the company from $63.00 to $77.00 in a report on Tuesday, February 4th.

Insider Buying and Selling at Aptiv

In other Aptiv news, SVP Benjamin Lyon sold 14,568 shares of the firm's stock in a transaction on Monday, March 10th. The shares were sold at an average price of $65.50, for a total transaction of $954,204.00. Following the completion of the transaction, the senior vice president now directly owns 125,237 shares of the company's stock, valued at $8,203,023.50. This trade represents a 10.42% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.45% of the stock is owned by insiders.

Institutional Trading of Aptiv

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Foresight Group Ltd Liability Partnership bought a new stake in shares of Aptiv in the 1st quarter valued at approximately $6,276,000. Jacobi Capital Management LLC raised its position in shares of Aptiv by 10.6% in the 1st quarter. Jacobi Capital Management LLC now owns 13,167 shares of the auto parts company's stock valued at $783,000 after acquiring an additional 1,264 shares during the period. Geneos Wealth Management Inc. grew its holdings in Aptiv by 452.3% during the first quarter. Geneos Wealth Management Inc. now owns 486 shares of the auto parts company's stock worth $29,000 after purchasing an additional 398 shares during the period. Focus Partners Wealth boosted its stake 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 purchasing an additional 4,998 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Aptiv by 10.6% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 5,934,199 shares of the auto parts company's stock worth $353,085,000 after acquiring an additional 570,930 shares during the period. Institutional investors own 94.21% of the company's stock.

Aptiv Stock Performance

NYSE APTV traded down $0.15 during trading on Friday, reaching $68.25. 665,135 shares of the company's stock were exchanged, compared to its average volume of 3,498,018. Aptiv has a fifty-two week low of $47.19 and a fifty-two week high of $85.35. The stock has a market capitalization of $14.86 billion, a P/E ratio of 9.92, a PEG ratio of 0.62 and a beta of 1.44. The business has a 50 day moving average price of $58.88 and a 200-day moving average price of $60.13. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.53 and a quick ratio of 1.07.

Aptiv (NYSE:APTV - Get Free Report) last released its earnings results on Thursday, May 1st. The auto parts company reported $1.69 EPS for the quarter, beating the consensus estimate of $1.55 by $0.14. Aptiv had a net margin of 9.07% and a return on equity of 15.63%. The firm had revenue of $4.83 billion for the quarter, compared to analyst estimates of $4.78 billion. During the same period last year, the firm earned $1.16 EPS. The business's quarterly revenue was down 1.6% compared to the same quarter last year. Sell-side analysts forecast that Aptiv will post 7.2 earnings per share for the current fiscal 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.