Aptiv PLC $APTV Shares Sold by J. Safra Sarasin Holding AG

Key Points

• J. Safra Sarasin Holding AG significantly reduced its stake in Aptiv PLC by 80.5% during the second quarter, selling 19,526 shares and owning only 4,731 shares left, valued at approximately $323,000.
• Aptiv reported an earnings per share of $2.12 for the last quarter, exceeding analyst expectations and marking a 3.1% year-over-year increase in revenue, totaling $5.21 billion.
• Multiple analysts have raised their target prices for Aptiv shares, with Bank of America increasing it from $85.00 to $95.00, and Barclays raising it to $105.00, reflecting a generally positive outlook on the stock.

J. Safra Sarasin Holding AG decreased its position in Aptiv PLC (NYSE:APTV - Free Report) by 80.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,731 shares of the auto parts company's stock after selling 19,526 shares during the quarter. J. Safra Sarasin Holding AG's holdings in Aptiv were worth $323,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of APTV. Parallel Advisors LLC lifted its holdings in shares of Aptiv by 78.6% in the first quarter. Parallel Advisors LLC now owns 1,679 shares of the auto parts company's stock valued at $100,000 after buying an additional 739 shares during the period. UMB Bank n.a. acquired a new stake in shares of Aptiv in the first quarter valued at $48,000. Washington Capital Management Inc. lifted its holdings in shares of Aptiv by 139.2% in the first quarter. Washington Capital Management Inc. now owns 13,275 shares of the auto parts company's stock valued at $790,000 after buying an additional 7,725 shares during the period. Park Avenue Securities LLC acquired a new stake in shares of Aptiv in the first quarter valued at $397,000. Finally, Farther Finance Advisors LLC lifted its holdings in shares of Aptiv by 139.7% in the first quarter. Farther Finance Advisors LLC now owns 2,558 shares of the auto parts company's stock valued at $151,000 after buying an additional 1,491 shares during the period. Institutional investors and hedge funds own 94.21% of the company's stock.

Aptiv Stock Performance

Shares of APTV stock opened at $88.00 on Friday. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.76 and a quick ratio of 1.24. Aptiv PLC has a fifty-two week low of $47.19 and a fifty-two week high of $88.24. The stock's 50-day moving average is $77.99 and its two-hundred day moving average is $68.56. The firm has a market cap of $19.16 billion, a P/E ratio of 20.14, a PEG ratio of 0.98 and a beta of 1.55.

Aptiv (NYSE:APTV - Get Free Report) last issued its earnings results on Thursday, July 31st. The auto parts company reported $2.12 earnings per share for the quarter, topping the consensus estimate of $1.83 by $0.29. Aptiv had a return on equity of 18.46% and a net margin of 5.12%.The company had revenue of $5.21 billion for the quarter, compared to analyst estimates of $5.02 billion. During the same period in the prior year, the firm posted $1.58 EPS. The business's revenue was up 3.1% compared to the same quarter last year. Aptiv has set its FY 2025 guidance at 7.300-7.600 EPS. Q3 2025 guidance at 1.600-1.800 EPS. Analysts predict that Aptiv PLC will post 7.2 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on APTV shares. Bank of America upped their target price on Aptiv from $85.00 to $95.00 and gave the company a "buy" rating in a report on Wednesday, September 10th. Daiwa Capital Markets upped their target price on Aptiv from $79.00 to $100.00 and gave the company an "outperform" rating in a report on Wednesday. Barclays raised Aptiv from an "equal weight" rating to an "overweight" rating and upped their target price for the company from $85.00 to $105.00 in a report on Friday, September 12th. JPMorgan Chase & Co. upped their target price on Aptiv from $85.00 to $90.00 and gave the company an "overweight" rating in a report on Friday, August 1st. Finally, Oppenheimer upped their target price on Aptiv from $88.00 to $92.00 and gave the company an "outperform" rating in a report on Thursday, September 11th. Three analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $86.63.

Insiders Place Their Bets

In other Aptiv news, CAO Allan J. Brazier sold 1,000 shares of the company's stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $85.00, for a total value of $85,000.00. Following the transaction, the chief accounting officer directly owned 49,820 shares of the company's stock, valued at $4,234,700. This represents a 1.97% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.45% of the stock is currently owned by insiders.

About Aptiv

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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