Aptiv PLC $APTV Shares Sold by Robeco Institutional Asset Management B.V.

Key Points

• Robeco Institutional Asset Management cut its Aptiv stake by 49.9% in the third quarter, selling 815,843 shares and retaining 819,673 shares valued at approximately $35.3 million.
• Despite mixed analyst adjustments, Aptiv holds a consensus “Moderate Buy” rating with an average price target of $72.60; the stock recently traded at $43.87.
• Aptiv’s latest quarterly earnings exceeded expectations, with EPS of $1.63 versus the $1.42 consensus estimate, while revenue rose 2.3% year over year to $3.27 billion.

Robeco Institutional Asset Management B.V. decreased its position in shares of Aptiv PLC (NYSE:APTV - Free Report) by 49.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 819,673 shares of the auto parts company's stock after selling 815,843 shares during the period. Robeco Institutional Asset Management B.V. owned 0.39% of Aptiv worth $35,262,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in APTV. Allspring Global Investments Holdings LLC boosted its position in shares of Aptiv by 3.9% in the first quarter. Allspring Global Investments Holdings LLC now owns 3,029,539 shares of the auto parts company's stock worth $210,371,000 after purchasing an additional 113,633 shares during the period. Perpetual Ltd raised its position in shares of Aptiv by 9.0% during the 3rd quarter. Perpetual Ltd now owns 2,602,895 shares of the auto parts company's stock valued at $111,977,000 after purchasing an additional 213,977 shares during the period. Dimensional Fund Advisors LP raised its position in shares of Aptiv by 1.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,559,767 shares of the auto parts company's stock valued at $177,695,000 after purchasing an additional 27,043 shares during the period. First Trust Advisors LP lifted its stake in shares of Aptiv by 23.1% during the 1st quarter. First Trust Advisors LP now owns 2,394,019 shares of the auto parts company's stock valued at $166,241,000 after buying an additional 449,145 shares in the last quarter. Finally, Amundi lifted its stake in shares of Aptiv by 10.2% during the 1st quarter. Amundi now owns 1,690,677 shares of the auto parts company's stock valued at $117,401,000 after buying an additional 156,956 shares in the last quarter. Hedge funds and other institutional investors own 94.21% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. The Goldman Sachs Group cut their price target on Aptiv from $71.00 to $61.00 and set a "buy" rating for the company in a research note on Tuesday, October 6th. Barclays decreased their price target on Aptiv from $65.00 to $60.00 and set an "overweight" rating on the stock in a report on Friday, October 9th. Benchmark upgraded Aptiv to a "strong-buy" rating in a research report on Wednesday, September 9th. JPMorgan Chase & Co. reaffirmed a "neutral" rating and issued a $56.00 price objective (down from $65.00) on shares of Aptiv in a research note on Tuesday, September 15th. Finally, 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. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $72.60.

Aptiv Price Performance

APTV stock opened at $43.87 on Friday. Aptiv PLC has a one year low of $42.56 and a one year high of $88.93. The company's fifty day moving average price is $45.23 and its 200-day moving average price is $54.39. 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 company has a market capitalization of $9.11 billion, a PE ratio of 6.02, a price-to-earnings-growth ratio of 0.86 and a beta of 1.48.

Aptiv (NYSE:APTV - Get Free Report) last issued its earnings results on Tuesday, August 4th. The auto parts company reported $1.63 earnings per share for the quarter, topping analysts' consensus estimates of $1.42 by $0.21. The firm 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%. Aptiv's revenue for the quarter was up 2.3% on a year-over-year basis. During the same quarter in the prior year, the business 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. On average, equities analysts anticipate that Aptiv PLC will post 5.68 EPS for the current fiscal year.

Aptiv Company 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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