Aptiv PLC $APTV Shares Sold by Asset Management One Co. Ltd.

Key Points

• Asset Management One Co. cut its Aptiv stake by 89.5% in the third quarter, selling 79,080 shares and retaining 9,260 shares worth about $398,000. Institutional investors collectively own 94.21% of the company.
• Aptiv beat quarterly earnings and revenue estimates, reporting adjusted EPS of $1.42 versus $1.33 expected and revenue of $3.20 billion, up 2.3% year over year. However, EPS was down from $2.17 a year earlier, and margin pressure and a cautious profit outlook remain concerns.
• Shares were down 6.8% and trading near their 52-week low; analysts’ consensus rating was “Moderate Buy,” with an average price target of $72.60.

Asset Management One Co. Ltd. decreased its position in Aptiv PLC (NYSE:APTV - Free Report) by 89.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,260 shares of the auto parts company's stock after selling 79,080 shares during the quarter. Asset Management One Co. Ltd.'s holdings in Aptiv were worth $398,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of APTV. Shayne & Jacobs LLC increased its stake in Aptiv by 105.2% during the first quarter. Shayne & Jacobs LLC now owns 54,750 shares of the auto parts company's stock worth $3,802,000 after purchasing an additional 28,070 shares during the period. Squarepoint Ops LLC boosted its stake in shares of Aptiv by 238.9% in the second quarter. Squarepoint Ops LLC now owns 519,044 shares of the auto parts company's stock valued at $31,859,000 after purchasing an additional 365,893 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of Aptiv in the second quarter valued at approximately $27,364,000. Aware Super Pty Ltd as trustee of Aware Super acquired a new position in shares of Aptiv in the first quarter valued at approximately $17,765,000. Finally, Wedge Capital Management L L P NC grew its holdings in shares of Aptiv by 32.4% in the second quarter. Wedge Capital Management L L P NC now owns 197,161 shares of the auto parts company's stock valued at $12,102,000 after purchasing an additional 48,247 shares in the last quarter. Institutional investors and hedge funds own 94.21% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on APTV. TD Cowen reduced their target price on shares of Aptiv from $90.00 to $77.00 and set a "buy" rating on the stock in a report on Wednesday, August 5th. Morgan Stanley cut Aptiv from an "overweight" rating to an "equal weight" rating and reduced their price objective for the company from $71.00 to $55.00 in a research note on Wednesday, August 5th. Weiss Ratings downgraded Aptiv from a "hold (c-)" rating to a "sell (d+)" rating in a report on Tuesday, August 11th. Evercore reaffirmed an "outperform" rating and issued a $70.00 price target on shares of Aptiv in a research report on Monday, August 10th. Finally, Fox Advisors cut Aptiv from an "overweight" rating to an "equal weight" rating in a research note on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $72.60.

Aptiv Trading Down 6.8%

APTV opened at $41.23 on Wednesday. Aptiv PLC has a one year low of $41.11 and a one year high of $88.93. The company has a market cap of $8.56 billion, a P/E ratio of 6.00, a PEG ratio of 0.86 and a beta of 1.43. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.33 and a current ratio of 2.02. The business's 50-day simple moving average is $44.42 and its 200-day simple moving average is $59.55.

Aptiv (NYSE:APTV - Get Free Report) last issued its earnings results on Tuesday, November 3rd. The auto parts company reported $1.42 earnings per share for the quarter, topping the consensus estimate of $1.33 by $0.09. The business had revenue of $3.20 billion for the quarter, compared to analyst estimates of $3.17 billion. Aptiv had a return on equity of 17.10% and a net margin of 1.17%. The business's quarterly revenue was up 2.3% on a year-over-year basis. During the same quarter last year, the company earned $2.17 EPS. As a group, equities research analysts expect that Aptiv PLC will post 5.68 EPS for the current fiscal year.

Trending Headlines about Aptiv

Here are the key news stories impacting Aptiv this week:

• Positive Sentiment: Third-quarter adjusted earnings were $1.42 per share, above the $1.33 consensus, while revenue of $3.20 billion also topped estimates. Revenue grew 2.3% year over year. Aptiv Q3 earnings and revenue results
• Positive Sentiment: Aptiv outlined a $20 billion bookings target for 2026 and plans to return 100% of free cash flow to shareholders through 2027, which could support investor returns. Aptiv bookings target and capital-return plans
• Negative Sentiment: Despite the quarterly beat, EPS fell from $2.17 a year earlier. Reports cite margin pressure and a cautious 2027 profit outlook, raising concerns about earnings momentum and overshadowing the stronger quarter. Aptiv's profit outlook

Aptiv Profile

Aptiv PLC NYSE: APTV is a global automotive technology company that develops systems and software intended to make vehicles safer, more connected and increasingly automated. Its solutions are used by automakers in passenger vehicles and commercial vehicles worldwide.

The company's product portfolio includes advanced driver-assistance and active-safety systems, vehicle computing platforms, infotainment and connectivity technologies, automated-driving solutions, and electrical and electronic distribution systems.

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