Pallas Capital Advisors LLC grew its holdings in Aptiv PLC (NYSE:APTV - Free Report) by 337.3% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,883 shares of the auto parts company's stock after purchasing an additional 11,480 shares during the period. Pallas Capital Advisors LLC's holdings in Aptiv were worth $1,015,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also modified their holdings of APTV. Gamco Investors INC. ET AL boosted its holdings in 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 worth $581,000 after purchasing an additional 160 shares during the last quarter. AlTi Global Inc. grew its holdings in 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 purchasing an additional 173 shares during the period. Stephens Inc. AR lifted its holdings in shares of Aptiv by 5.4% in the first quarter. Stephens Inc. AR now owns 3,941 shares of the auto parts company's stock worth $234,000 after buying an additional 201 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. lifted its holdings in shares of Aptiv by 2.9% during the 1st quarter. Tokio Marine Asset Management Co. Ltd. now owns 8,443 shares of the auto parts company's stock worth $502,000 after acquiring an additional 235 shares during the last quarter. Finally, OLD Second National Bank of Aurora grew its holdings in shares of Aptiv by 1.0% during the 1st quarter. OLD Second National Bank of Aurora now owns 24,547 shares of the auto parts company's stock valued at $1,461,000 after purchasing an additional 239 shares during the last quarter. Institutional investors and hedge funds own 94.21% of the company's stock.
Aptiv Price Performance
APTV stock traded down $0.08 during trading on Friday, hitting $85.29. 5,221,026 shares of the stock traded hands, compared to its average volume of 2,175,836. Aptiv PLC has a one year low of $47.19 and a one year high of $86.43. The company has a current ratio of 1.76, a quick ratio of 1.24 and a debt-to-equity ratio of 0.79. The stock has a market cap of $18.57 billion, a price-to-earnings ratio of 19.52, a P/E/G ratio of 0.95 and a beta of 1.48. The company has a 50 day simple moving average of $74.76 and a 200 day simple moving average of $66.99.
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 for the quarter, topping analysts' consensus estimates of $1.83 by $0.29. The company had revenue of $5.21 billion during the quarter, compared to the consensus estimate of $5.02 billion. Aptiv had a net margin of 5.12% and a return on equity of 18.46%. The firm's quarterly revenue was up 3.1% on a year-over-year basis. During the same quarter in the prior year, the firm 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. Equities analysts expect that Aptiv PLC will post 7.2 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of analysts recently weighed in on APTV shares. Morgan Stanley increased their price objective on shares of Aptiv from $55.00 to $60.00 and gave the stock an "underweight" rating in a research report on Tuesday, August 12th. Wells Fargo & Company upped their price objective on shares of Aptiv from $89.00 to $103.00 and gave the stock an "overweight" rating in a research report on Tuesday, September 9th. UBS Group increased their price target on Aptiv from $66.00 to $75.00 and gave the company a "neutral" rating in a report on Monday, July 14th. Wall Street Zen raised Aptiv from a "hold" rating to a "buy" rating in a research report on Monday, September 15th. Finally, JPMorgan Chase & Co. upped their target price on shares of Aptiv from $85.00 to $90.00 and gave the stock an "overweight" rating in a research note on Friday, August 1st. Three investment 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. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $85.53.
Check Out Our Latest Stock Report on Aptiv
About Aptiv
(
Free Report)
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.
Recommended Stories
Before you consider Aptiv, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Aptiv wasn't on the list.
While Aptiv currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
