Aptiv's (APTV) "Hold (C)" Rating Reaffirmed at Weiss Ratings

Key Points

• Aptiv's stock rating has been reaffirmed as "hold (C)" by Weiss Ratings, while other analysts have mixed ratings, including an upgrade to "strong buy" by Wall Street Zen.
• The stock recently traded up by 1.4%, reaching a price of $86.15, with a market capitalization of $18.76 billion.
• Aptiv's latest quarterly earnings surpassed expectations, with earnings per share of $2.12 compared to the consensus estimate of $1.83, and revenues of $5.21 billion for the quarter.

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

APTV has been the topic of several other research reports. Wolfe Research cut shares of Aptiv from an "outperform" rating to a "peer perform" rating in a research report on Wednesday, July 2nd. Wall Street Zen upgraded shares of Aptiv from a "buy" rating to a "strong-buy" rating in a research note on Tuesday, September 23rd. Robert W. Baird upped their target price on shares of Aptiv from $97.00 to $105.00 and gave the stock an "outperform" rating in a research note on Wednesday, October 8th. Oppenheimer upped their target price on shares of Aptiv from $88.00 to $92.00 and gave the stock an "outperform" rating in a research note on Thursday, September 11th. Finally, Royal Bank Of Canada upped their target price on shares of Aptiv from $92.00 to $101.00 and gave the stock an "outperform" rating in a research note on Friday, October 10th. Three research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $93.35.

Aptiv Stock Up 1.4%

Shares of APTV traded up $1.18 during mid-day trading on Friday, hitting $86.15. 1,197,994 shares of the company's stock were exchanged, compared to its average volume of 2,792,079. The company has a market cap of $18.76 billion, a price-to-earnings ratio of 19.71, a P/E/G ratio of 0.92 and a beta of 1.55. Aptiv has a fifty-two week low of $47.19 and a fifty-two week high of $88.80. 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 stock's 50-day moving average is $82.38 and its 200-day moving average is $70.79.

Aptiv (NYSE:APTV - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The auto parts company reported $2.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.83 by $0.29. The business had revenue of $5.21 billion for 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 business's quarterly revenue was up 3.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.58 earnings per share. Aptiv has set its FY 2025 guidance at 7.300-7.600 EPS. Q3 2025 guidance at 1.600-1.800 EPS. On average, sell-side analysts anticipate that Aptiv will post 7.2 earnings per share for the current fiscal year.

Insider Activity

In other news, CAO Allan J. Brazier sold 1,000 shares of the firm's stock in a transaction that occurred on Thursday, September 18th. The shares were sold at an average price of $85.00, for a total transaction 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 trade represents a 1.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.45% of the company's stock.

Hedge Funds Weigh In On Aptiv

A number of hedge funds have recently modified their holdings of APTV. Zions Bancorporation National Association UT purchased a new position in shares of Aptiv during the first quarter worth approximately $26,000. True Wealth Design LLC grew its position in shares of Aptiv by 83.8% during the second quarter. True Wealth Design LLC now owns 397 shares of the auto parts company's stock worth $27,000 after acquiring an additional 181 shares during the last quarter. 1248 Management LLC acquired a new stake in shares of Aptiv during the first quarter worth $28,000. Geneos Wealth Management Inc. lifted its holdings in shares of 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. Finally, Mather Group LLC. lifted its holdings in shares of Aptiv by 155.2% during the first quarter. Mather Group LLC. now owns 633 shares of the auto parts company's stock worth $38,000 after purchasing an additional 385 shares during the period. 94.21% of the stock is currently owned by hedge funds and other institutional investors.

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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