Daiwa Capital Markets Increases Aptiv (NYSE:APTV) Price Target to $100.00

Key Points

• Daiwa Capital Markets has raised its price target for Aptiv (NYSE:APTV) from $79.00 to $100.00, indicating a potential upside of 15.82% from its previous close.
• Other analysts have also increased their ratings for Aptiv, with Barclays raising its target to $105.00 and two other firms boosting their ratings to "strong-buy."
• Aptiv's stock is experiencing strong institutional investment, with hedge funds owning 94.21% of the company's shares, indicating significant confidence in its future performance.

Aptiv (NYSE:APTV - Get Free Report) had its target price increased by investment analysts at Daiwa Capital Markets from $79.00 to $100.00 in a research note issued to investors on Wednesday,MarketScreener reports. The firm currently has an "outperform" rating on the auto parts company's stock. Daiwa Capital Markets' price objective points to a potential upside of 15.82% from the company's previous close.

APTV has been the subject of a number of other reports. Barclays upgraded shares of Aptiv from an "equal weight" rating to an "overweight" rating and boosted their price objective for the stock from $85.00 to $105.00 in a report on Friday, September 12th. Wall Street Zen raised Aptiv from a "buy" rating to a "strong-buy" rating in a research note on Tuesday, September 23rd. Royal Bank Of Canada increased their target price on Aptiv from $85.00 to $92.00 and gave the company an "outperform" rating in a report on Tuesday, August 5th. Wolfe Research lowered Aptiv from an "outperform" rating to a "peer perform" rating in a research report on Wednesday, July 2nd. Finally, Morgan Stanley boosted 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. Three investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $86.63.

Aptiv Stock Performance

NYSE:APTV opened at $86.34 on Wednesday. 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 company has a market capitalization of $18.80 billion, a P/E ratio of 19.69, a P/E/G ratio of 0.95 and a beta of 1.48. Aptiv has a 1 year low of $47.19 and a 1 year high of $87.00. The business has a fifty day simple moving average of $77.00 and a two-hundred day simple moving average of $68.05.

Aptiv (NYSE:APTV - Get Free Report) last posted its earnings results on Thursday, July 31st. The auto parts company reported $2.12 earnings per share for the quarter, topping the consensus estimate of $1.83 by $0.29. Aptiv had a net margin of 5.12% and a return on equity of 18.46%. The firm had revenue of $5.21 billion during the quarter, compared to the consensus estimate of $5.02 billion. During the same quarter last year, the company earned $1.58 earnings per share. The company's revenue was up 3.1% on a year-over-year basis. 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 expect that Aptiv will post 7.2 earnings per share for the current year.

Insider Activity

In related news, CAO Allan J. Brazier sold 1,000 shares of the 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 completion of the transaction, the chief accounting officer directly owned 49,820 shares of the company's stock, valued at $4,234,700. This represents a 1.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.45% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Goldman Sachs Group Inc. boosted its stake in Aptiv by 242.7% during the first quarter. Goldman Sachs Group Inc. now owns 8,560,781 shares of the auto parts company's stock worth $509,366,000 after acquiring an additional 6,062,438 shares in the last quarter. Boston Partners bought a new stake in shares of Aptiv in the 2nd quarter worth approximately $220,911,000. Norges Bank purchased a new stake in shares of Aptiv in the 2nd quarter worth approximately $187,652,000. AustralianSuper Pty Ltd bought a new position in Aptiv during the 1st quarter valued at approximately $117,260,000. Finally, Pacer Advisors Inc. raised its stake in Aptiv by 5,379.7% during the first quarter. Pacer Advisors Inc. now owns 1,907,379 shares of the auto parts company's stock valued at $113,489,000 after buying an additional 1,872,571 shares during the last quarter. Hedge funds and other institutional investors 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.

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