Aptiv PLC $APTV Shares Sold by Ancora Advisors LLC

Key Points

• Ancora Advisors cut its Aptiv stake by 42.2% in the second quarter, selling 107,830 shares and retaining 147,690 shares valued at approximately $9.1 million. Institutional investors collectively own 94.21% of Aptiv.
• Aptiv shares opened at $44.99, near their 52-week low of $44.52 and well below the 52-week high of $88.93. The company recently reported quarterly EPS of $1.63, beating estimates, while revenue of $3.27 billion fell short of forecasts.
• Analysts have lowered several price targets, but sentiment remains broadly positive: 19 analysts rate Aptiv a Buy, with an average price target of $76.50 and an overall “Moderate Buy” rating.

Ancora Advisors LLC cut its holdings in Aptiv PLC (NYSE:APTV - Free Report) by 42.2% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 147,690 shares of the auto parts company's stock after selling 107,830 shares during the period. Ancora Advisors LLC owned about 0.07% of Aptiv worth $9,065,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Wedbush Securities Inc. lifted its holdings in shares of Aptiv by 12.0% in the 2nd quarter. Wedbush Securities Inc. now owns 12,695 shares of the auto parts company's stock worth $779,000 after purchasing an additional 1,358 shares during the last quarter. Cullinan Associates Inc. bought a new position in Aptiv during the 2nd quarter worth $350,000. Wellington Management Group LLP increased its position in Aptiv by 105.3% in the second quarter. Wellington Management Group LLP now owns 587,168 shares of the auto parts company's stock worth $36,040,000 after buying an additional 301,143 shares during the period. Public Employees Retirement System of Ohio acquired a new stake in Aptiv in the second quarter worth $4,393,000. Finally, Foster & Motley Inc. bought a new stake in Aptiv in the second quarter valued at $1,163,000. Institutional investors own 94.21% of the company's stock.

Aptiv Stock Performance

Shares of NYSE APTV opened at $44.99 on Wednesday. The stock's fifty day simple moving average is $54.13 and its 200 day simple moving average is $61.81. The stock has a market capitalization of $9.34 billion, a price-to-earnings ratio of 42.44, a PEG ratio of 0.87 and a beta of 1.45. The company has a quick ratio of 1.33, a current ratio of 2.02 and a debt-to-equity ratio of 0.61. Aptiv PLC has a 52-week low of $44.52 and a 52-week high of $88.93.

Aptiv (NYSE:APTV - Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The auto parts company reported $1.63 EPS for the quarter, beating analysts' consensus estimates of $1.42 by $0.21. The company had revenue of $3.27 billion during the quarter, compared to analyst estimates of $3.31 billion. Aptiv had a net margin of 1.17% and a return on equity of 17.10%. The business's quarterly revenue was up 2.3% on a year-over-year basis. During the same period in the prior year, the firm earned $2.12 earnings per share. Aptiv has set its FY 2026 guidance at 5.600-5.800 EPS and its Q3 2026 guidance at 1.250-1.350 EPS. As a group, sell-side analysts forecast that Aptiv PLC will post 5.69 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have recently issued reports on APTV shares. Royal Bank Of Canada decreased their price objective on shares of Aptiv from $90.00 to $78.00 and set an "outperform" rating for the company in a report on Wednesday, August 5th. TD Cowen cut their target price on Aptiv from $90.00 to $77.00 and set a "buy" rating for the company in a research report on Wednesday, August 5th. Fox Advisors cut Aptiv from an "overweight" rating to an "equal weight" rating in a research report on Wednesday, August 5th. Barclays dropped their price objective on Aptiv from $73.00 to $65.00 and set an "overweight" rating on the stock in a research note on Monday, August 10th. Finally, Wall Street Zen cut Aptiv from a "buy" rating to a "hold" rating in a research note on Saturday, June 6th. Nineteen investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $76.50.

Aptiv Profile

Aptiv plc is a global automotive technology company that develops safer, greener and more connected solutions for the mobility industry. The company designs and supplies advanced electrical architectures, electronic systems and software that enable vehicle connectivity, active safety, advanced driver-assistance systems (ADAS) and autonomous driving capabilities. Aptiv's customers include major automakers and mobility service providers seeking to integrate higher levels of automation, electrification and software-defined features into production vehicles and mobility platforms.

Product and service offerings span vehicle electrical systems and wiring, connectors and harnesses, high-voltage electrification components, power electronics and charging solutions, sensors and compute platforms that support ADAS and autonomous functions, and the software and services required to integrate and manage these systems.

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