ASR Vermogensbeheer N.V. Lowers Position in Aptiv PLC $APTV

Key Points

• ASR Vermogensbeheer N.V. has reduced its stake in Aptiv PLC by 18.1%, owning now approximately 122,500 shares valued at about $8.36 million after selling 27,083 shares in the 2nd quarter.
• Analyst ratings for Aptiv have seen upgrades, with Wall Street Zen moving its rating from "buy" to "strong-buy" and Barclays increasing its price target from $85 to $105.
• Aptiv reported Q2 earnings of $2.12 EPS, surpassing analysts' expectations, and set a fiscal year 2025 guidance of 7.300-7.600 EPS.

ASR Vermogensbeheer N.V. trimmed its position in shares of Aptiv PLC (NYSE:APTV - Free Report) by 18.1% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 122,500 shares of the auto parts company's stock after selling 27,083 shares during the quarter. ASR Vermogensbeheer N.V. owned approximately 0.06% of Aptiv worth $8,357,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Zions Bancorporation National Association UT bought a new stake in shares of Aptiv during the first quarter valued at approximately $26,000. 1248 Management LLC bought a new stake in shares of Aptiv during the 1st quarter valued at $28,000. Geneos Wealth Management Inc. boosted its holdings in shares of Aptiv by 452.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 486 shares of the auto parts company's stock valued at $29,000 after buying an additional 398 shares in the last quarter. Mather Group LLC. grew its position in shares of Aptiv by 155.2% in the 1st quarter. Mather Group LLC. now owns 633 shares of the auto parts company's stock worth $38,000 after buying an additional 385 shares during the period. Finally, Eastern Bank bought a new position in shares of Aptiv in the 1st quarter worth about $39,000. Hedge funds and other institutional investors own 94.21% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the stock. Wall Street Zen upgraded shares of Aptiv from a "buy" rating to a "strong-buy" rating in a report on Tuesday, September 23rd. Barclays upgraded Aptiv from an "equal weight" rating to an "overweight" rating and upped their price target for the stock from $85.00 to $105.00 in a research note on Friday, September 12th. Wolfe Research cut Aptiv from an "outperform" rating to a "peer perform" rating in a research note on Wednesday, July 2nd. Bank of America increased their target price on Aptiv from $85.00 to $95.00 and gave the stock a "buy" rating in a research note on Wednesday, September 10th. Finally, Robert W. Baird lifted their price target on Aptiv from $84.00 to $97.00 and gave the stock an "outperform" rating in a research report on Wednesday, September 3rd. Three investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $86.63.

Aptiv Price Performance

Shares of NYSE:APTV opened at $87.28 on Friday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.24 and a current ratio of 1.76. The firm has a market cap of $19.01 billion, a price-to-earnings ratio of 19.97, a price-to-earnings-growth ratio of 0.97 and a beta of 1.55. The business has a 50-day simple moving average of $77.64 and a two-hundred day simple moving average of $68.35. Aptiv PLC has a fifty-two week low of $47.19 and a fifty-two week high of $87.73.

Aptiv (NYSE:APTV - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The auto parts company reported $2.12 EPS for the quarter, topping analysts' consensus estimates of $1.83 by $0.29. The firm had revenue of $5.21 billion during the quarter, compared to analyst estimates of $5.02 billion. Aptiv had a net margin of 5.12% and a return on equity of 18.46%. The business's revenue for the quarter was up 3.1% on a year-over-year basis. During the same period in the previous year, the business 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. On average, analysts expect that Aptiv PLC will post 7.2 earnings per share for the current year.

Insiders Place Their Bets

In other news, CAO Allan J. Brazier sold 1,000 shares of the stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $85.00, for a total transaction 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.45% of the company's stock.

Aptiv 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.

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