Amundi reduced its position in Aptiv PLC (NYSE:APTV - Free Report) by 1.6% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,125,307 shares of the auto parts company's stock after selling 34,881 shares during the quarter. Amundi owned about 0.98% of Aptiv worth $120,970,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently bought and sold shares of the business. BNP Paribas Financial Markets grew its position in Aptiv by 102.1% during the 4th quarter. BNP Paribas Financial Markets now owns 533,917 shares of the auto parts company's stock worth $32,291,000 after purchasing an additional 269,770 shares during the last quarter. Benjamin Edwards Inc. boosted its stake in shares of Aptiv by 14.5% during the fourth quarter. Benjamin Edwards Inc. now owns 17,647 shares of the auto parts company's stock worth $1,067,000 after buying an additional 2,230 shares during the period. Deutsche Bank AG grew its holdings in shares of Aptiv by 41.0% during the fourth quarter. Deutsche Bank AG now owns 1,399,744 shares of the auto parts company's stock worth $84,657,000 after buying an additional 407,180 shares during the last quarter. Ensign Peak Advisors Inc grew its holdings in shares of Aptiv by 18.0% during the fourth quarter. Ensign Peak Advisors Inc now owns 109,723 shares of the auto parts company's stock worth $6,636,000 after buying an additional 16,700 shares during the last quarter. Finally, EdgePoint Investment Group Inc. increased its position in Aptiv by 43.9% in the 4th quarter. EdgePoint Investment Group Inc. now owns 3,833 shares of the auto parts company's stock valued at $232,000 after acquiring an additional 1,169 shares during the period. Hedge funds and other institutional investors own 94.21% of the company's stock.
Wall Street Analyst Weigh In
Several research analysts have weighed in on APTV shares. Barclays lifted their target price on Aptiv from $65.00 to $85.00 and gave the company an "equal weight" rating in a research note on Wednesday, July 16th. JPMorgan Chase & Co. lifted their price objective on shares of Aptiv from $85.00 to $90.00 and gave the company an "overweight" rating in a research report on Friday, August 1st. Oppenheimer raised 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. Piper Sandler set a $70.00 target price on shares of Aptiv and gave the company a "neutral" rating in a report on Thursday, May 22nd. Finally, Wolfe Research cut shares of Aptiv from an "outperform" rating to a "peer perform" rating in a report on Wednesday, July 2nd. Three investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $84.20.
Check Out Our Latest Report on APTV
Aptiv Price Performance
Shares of APTV traded up $2.20 during trading hours on Thursday, reaching $83.81. The company had a trading volume of 2,399,257 shares, compared to its average volume of 2,229,619. The firm has a 50 day simple moving average of $73.24 and a 200-day simple moving average of $66.21. 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 company has a market capitalization of $18.25 billion, a price-to-earnings ratio of 19.18, a PEG ratio of 0.91 and a beta of 1.48. Aptiv PLC has a 12-month low of $47.19 and a 12-month high of $84.47.
Aptiv (NYSE:APTV - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The auto parts company reported $2.12 EPS for the quarter, topping analysts' consensus estimates 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 for the quarter, compared to the consensus estimate of $5.02 billion. During the same quarter in the previous year, the firm earned $1.58 earnings per share. The firm'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. Research analysts expect that Aptiv PLC will post 7.2 earnings per share for the current year.
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.
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