Bank of America Corp DE Decreases Stake in Aptiv PLC $APTV

Key Points

• Bank of America reduced its Aptiv stake by 19.9% in the first quarter, selling 433,249 shares and retaining 1.75 million shares worth approximately $121.4 million. Institutional investors collectively own 94.21% of the company.
• Analysts remain broadly positive, with 19 Buy ratings and five Holds producing a “Moderate Buy” consensus, although several firms lowered their price targets. The consensus target is now $77.50 versus Aptiv’s recent price of $46.30.
• Aptiv reported quarterly EPS of $1.63, exceeding the $1.42 consensus, while revenue rose 2.3% year over year to $3.27 billion but fell slightly short of estimates. Management maintained 2026 EPS guidance of $5.60–$5.80, despite citing weakness in China.

Bank of America Corp DE cut its stake in shares of Aptiv PLC (NYSE:APTV - Free Report) by 19.9% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,747,647 shares of the auto parts company's stock after selling 433,249 shares during the quarter. Bank of America Corp DE owned about 0.83% of Aptiv worth $121,357,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Shayne & Jacobs LLC increased its holdings in shares of Aptiv by 105.2% during the 1st quarter. Shayne & Jacobs LLC now owns 54,750 shares of the auto parts company's stock worth $3,802,000 after buying an additional 28,070 shares during the last quarter. Oak Thistle LLC purchased a new position in shares of Aptiv in the 4th quarter worth $1,672,000. Robeco Institutional Asset Management B.V. boosted its holdings in Aptiv by 86.0% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 910,656 shares of the auto parts company's stock valued at $69,292,000 after acquiring an additional 420,984 shares during the last quarter. Fisher Funds Management LTD purchased a new stake in Aptiv during the fourth quarter valued at about $1,898,000. Finally, Sanctuary Advisors LLC grew its position in Aptiv by 135.6% during the fourth quarter. Sanctuary Advisors LLC now owns 102,221 shares of the auto parts company's stock valued at $7,778,000 after acquiring an additional 58,831 shares during the period. Hedge funds and other institutional investors own 94.21% of the company's stock.

Analysts Set New Price Targets

A number of research firms have recently commented on APTV. Royal Bank Of Canada cut their price objective on Aptiv from $90.00 to $78.00 and set an "outperform" rating on the stock in a report on Wednesday. BNP Paribas Exane decreased their target price on Aptiv from $107.00 to $83.00 and set an "outperform" rating for the company in a report on Tuesday, April 14th. Oppenheimer dropped their target price on shares of Aptiv from $106.00 to $84.00 and set an "outperform" rating for the company in a research report on Monday, April 13th. HSBC cut their price target on shares of Aptiv from $81.32 to $75.00 and set a "buy" rating on the stock in a report on Monday, April 27th. Finally, Citigroup reduced their price target on shares of Aptiv from $92.33 to $77.00 and set a "buy" rating on the stock in a research report on Monday, May 18th. Nineteen investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $77.50.

Aptiv Price Performance

APTV opened at $46.30 on Friday. Aptiv PLC has a twelve month low of $46.16 and a twelve month high of $88.93. The firm has a market cap of $9.61 billion, a price-to-earnings ratio of 43.68, a PEG ratio of 0.91 and a beta of 1.46. The company has a current ratio of 2.02, a quick ratio of 1.57 and a debt-to-equity ratio of 0.61. The company has a fifty day simple moving average of $61.25 and a 200 day simple moving average of $65.82.

Aptiv (NYSE:APTV - Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The auto parts company reported $1.63 EPS for the quarter, topping analysts' consensus estimates of $1.42 by $0.21. The firm had revenue of $3.27 billion for 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%. The firm's revenue was up 2.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.12 EPS. Aptiv has set its FY 2026 guidance at 5.600-5.800 EPS and its Q3 2026 guidance at 1.250-1.350 EPS. Equities research analysts expect that Aptiv PLC will post 5.72 EPS for the current fiscal year.

Aptiv News Summary

Here are the key news stories impacting Aptiv this week:

• Positive Sentiment: Goldman Sachs kept a Buy rating and set a $71 price target, while RBC maintained Outperform at $78 and Wells Fargo retained Overweight at $66. Although all three firms reduced their targets, they still see meaningful upside from current levels. Benzinga analyst updates
• Positive Sentiment: Aptiv reported quarterly earnings of $1.63 per share, exceeding the $1.42 analyst consensus. Revenue increased 2.3% year over year to $3.27 billion, and management maintained 2026 EPS guidance of $5.60 to $5.80. Aptiv Q2 2026 earnings
• Positive Sentiment: The company is targeting approximately $300 million in 2026 revenue from robotics and drones, offering a potential growth avenue beyond its core automotive business. Aptiv revenue and robotics outlook
• Neutral Sentiment: Analyst coverage remains broadly constructive, but the average price target has been lowered as brokers incorporate more cautious assumptions into their forecasts. Zacks analyst consensus
• Negative Sentiment: Deutsche Bank downgraded Aptiv from Buy to Hold with a $56 target, while Fox Advisors cut its rating from Overweight to Equal Weight. These moves reinforce concerns about near-term upside and execution risk.
• Negative Sentiment: Revenue of $3.27 billion fell short of the $3.31 billion consensus, and management cited weakness in China while forecasting 2026 revenue of $12.6 billion to $12.8 billion. Earnings also declined from the prior-year quarter, adding to investor caution.

Insider Activity at Aptiv

In related news, EVP Katherine H. Ramundo sold 2,000 shares of the stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $78.30, for a total value of $156,600.00. Following the completion of the transaction, the executive vice president owned 163,752 shares of the company's stock, valued at approximately $12,821,781.60. This represents a 1.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 0.06% of the company's stock.

Aptiv 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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