Aptiv PLC $APTV Shares Sold by IPG Investment Advisors LLC

Key Points

• IPG Investment Advisors LLC cut its Aptiv stake by 50.4% in the fourth quarter, selling 16,335 shares and leaving it with 16,095 shares valued at about $1.23 million.
• Institutional ownership remains heavy, with 94.21% of Aptiv shares held by institutions and hedge funds, even as several firms modestly increased their positions.
• Aptiv posted a beat on earnings and revenue in its latest quarter, reporting EPS of $1.71 versus $1.62 expected and revenue of $5.09 billion, while analysts currently rate the stock Moderate Buy with an average target of $82.85.

IPG Investment Advisors LLC trimmed its position in Aptiv PLC (NYSE:APTV - Free Report) by 50.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 16,095 shares of the auto parts company's stock after selling 16,335 shares during the period. IPG Investment Advisors LLC's holdings in Aptiv were worth $1,225,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Ashton Thomas Private Wealth LLC raised its stake in Aptiv by 2.3% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 6,776 shares of the auto parts company's stock valued at $584,000 after purchasing an additional 151 shares during the last quarter. Benjamin Edwards Inc. raised its stake in Aptiv by 0.5% in the 4th quarter. Benjamin Edwards Inc. now owns 34,728 shares of the auto parts company's stock valued at $2,642,000 after purchasing an additional 156 shares during the last quarter. Unified Investment Management raised its stake in Aptiv by 1.3% in the 4th quarter. Unified Investment Management now owns 12,384 shares of the auto parts company's stock valued at $942,000 after purchasing an additional 161 shares during the last quarter. CI Investments Inc. raised its position in shares of Aptiv by 11.6% in the third quarter. CI Investments Inc. now owns 1,564 shares of the auto parts company's stock valued at $135,000 after buying an additional 163 shares during the last quarter. Finally, Everhart Financial Group Inc. raised its position in shares of Aptiv by 4.9% in the fourth quarter. Everhart Financial Group Inc. now owns 3,601 shares of the auto parts company's stock valued at $274,000 after buying an additional 167 shares during the last quarter. 94.21% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on APTV shares. President Capital started coverage on shares of Aptiv in a research report on Wednesday, March 25th. They issued a "buy" rating and a $82.50 target price for the company. Morgan Stanley upgraded shares of Aptiv from an "equal weight" rating to an "overweight" rating and set a $71.00 target price for the company in a research report on Friday, May 8th. Citigroup reduced their target price on shares of Aptiv from $92.33 to $77.00 and set a "buy" rating for the company in a research report on Monday, May 18th. Fox Advisors reduced their target price on shares of Aptiv from $110.00 to $70.00 in a research report on Friday, May 8th. Finally, Royal Bank Of Canada reduced their target price on shares of Aptiv from $104.00 to $81.00 and set an "outperform" rating for the company in a research report on Tuesday, March 31st. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Aptiv has an average rating of "Moderate Buy" and an average price target of $82.85.

Aptiv Stock Up 5.2%

Shares of APTV opened at $61.81 on Thursday. Aptiv PLC has a 52-week low of $51.68 and a 52-week high of $88.93. The company has a market capitalization of $13.08 billion, a PE ratio of 36.57, a price-to-earnings-growth ratio of 1.01 and a beta of 1.42. The stock has a fifty day simple moving average of $60.78 and a two-hundred day simple moving average of $72.06. The company has a quick ratio of 1.57, a current ratio of 2.11 and a debt-to-equity ratio of 0.98.

Aptiv (NYSE:APTV - Get Free Report) last issued its earnings results on Tuesday, May 5th. The auto parts company reported $1.71 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.62 by $0.09. Aptiv had a return on equity of 17.83% and a net margin of 1.77%.The business had revenue of $5.09 billion during the quarter, compared to the consensus estimate of $5.03 billion. During the same period last year, the company earned $1.69 EPS. The company's revenue for the quarter was up 5.4% on a year-over-year basis. Aptiv has set its FY 2026 guidance at 5.700-6.100 EPS and its Q2 2026 guidance at 1.300-1.500 EPS. As a group, equities analysts forecast that Aptiv PLC will post 6.41 EPS for the current year.

Aptiv Company 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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