Alliancebernstein L.P. Has $209.18 Million Holdings in Aptiv PLC $APTV

Key Points

• Alliancebernstein L.P. increased its holdings in Aptiv PLC by 53.6% during the first quarter, acquiring over 1.2 million additional shares, raising its ownership to 1.61% valued at approximately $209 million.
• Several other institutional investors, including Goldman Sachs and Pacer Advisors, have also significantly increased their stakes in Aptiv, with 94.21% of the company's shares now owned by institutional investors.
• Aptiv's stock has shown positive performance, with a recent EPS of $2.12 beating estimates and a projected average target price from analysts of $82.75, reflecting a consensus rating of "Moderate Buy."

Alliancebernstein L.P. boosted its holdings in shares of Aptiv PLC (NYSE:APTV - Free Report) by 53.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,515,617 shares of the auto parts company's stock after purchasing an additional 1,227,020 shares during the quarter. Alliancebernstein L.P. owned about 1.61% of Aptiv worth $209,179,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Zions Bancorporation National Association UT bought a new stake in shares of Aptiv in the first quarter valued at approximately $26,000. 1248 Management LLC bought a new position in Aptiv during the first quarter valued at about $28,000. Mather Group LLC. raised its holdings in Aptiv by 155.2% in the 1st quarter. Mather Group LLC. now owns 633 shares of the auto parts company's stock valued at $38,000 after acquiring an additional 385 shares in the last quarter. Eastern Bank bought a new stake in shares of Aptiv in the 1st quarter worth approximately $39,000. Finally, Versant Capital Management Inc grew its holdings in shares of Aptiv by 201.7% during the 1st quarter. Versant Capital Management Inc now owns 703 shares of the auto parts company's stock worth $42,000 after purchasing an additional 470 shares in the last quarter. 94.21% of the stock is currently owned by institutional investors and hedge funds.

Aptiv Price Performance

NYSE:APTV traded down $1.11 on Tuesday, reaching $81.20. The stock had a trading volume of 476,580 shares, compared to its average volume of 2,960,071. The company has a quick ratio of 1.24, a current ratio of 1.76 and a debt-to-equity ratio of 0.79. The company has a market capitalization of $17.68 billion, a P/E ratio of 18.58, a price-to-earnings-growth ratio of 0.90 and a beta of 1.48. Aptiv PLC has a 1-year low of $47.19 and a 1-year high of $82.74. The stock has a fifty day moving average price of $72.61 and a 200-day moving average price of $65.87.

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

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on APTV. Wall Street Zen lowered Aptiv from a "buy" rating to a "hold" rating in a research note on Sunday. Bank of America increased their price objective on shares of Aptiv from $80.00 to $85.00 and gave the company a "buy" rating in a research note on Monday, June 16th. UBS Group raised their price objective on shares of Aptiv from $66.00 to $75.00 and gave the stock a "neutral" rating in a report on Monday, July 14th. Royal Bank Of Canada upped their target price on shares of Aptiv from $85.00 to $92.00 and gave the company an "outperform" rating in a research note on Tuesday, August 5th. Finally, Robert W. Baird raised their price target on shares of Aptiv from $84.00 to $97.00 and gave the stock an "outperform" rating in a research note on Wednesday, September 3rd. Three investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $83.27.

Aptiv Company Profile

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.