Bank of New York Mellon Corp Acquires Shares of 994,869 Aptiv PLC $APTV

Key Points

• Bank of New York Mellon acquired 994,869 Aptiv shares worth approximately $61.1 million, representing about 0.47% of the company. Institutional investors collectively own 94.21% of Aptiv.
• Aptiv reported quarterly EPS of $1.63, beating estimates of $1.42, while revenue reached $3.27 billion, up 2.3% year over year but slightly below expectations. The company issued fiscal 2026 EPS guidance of $5.60–$5.80.
• APTV opened at $46.35, near its 52-week low, after several analysts reduced price targets or ratings. Despite the revisions, analysts maintain a consensus “Moderate Buy” rating with a $76.50 average price target.

Bank of New York Mellon Corp bought a new position in shares of Aptiv PLC (NYSE:APTV - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 994,869 shares of the auto parts company's stock, valued at approximately $61,065,000. Bank of New York Mellon Corp owned about 0.47% of Aptiv at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. Larson Financial Group LLC lifted its position in shares of Aptiv by 240.0% in the 4th quarter. Larson Financial Group LLC now owns 357 shares of the auto parts company's stock worth $27,000 after purchasing an additional 252 shares during the period. Geneos Wealth Management Inc. increased its position in shares of Aptiv by 452.3% in the first quarter. Geneos Wealth Management Inc. now owns 486 shares of the auto parts company's stock worth $29,000 after purchasing an additional 398 shares during the last quarter. Atlas Capital Advisors Inc. bought a new stake in shares of Aptiv during the 4th quarter worth $33,000. DV Equities LLC purchased a new position in Aptiv in the fourth quarter worth $33,000. Finally, Eastern Bank grew its position in Aptiv by 702.9% in the second quarter. Eastern Bank now owns 546 shares of the auto parts company's stock worth $34,000 after acquiring an additional 478 shares in the last quarter. Institutional investors and hedge funds own 94.21% of the company's stock.

Aptiv Price Performance

Shares of APTV opened at $46.35 on Thursday. The company has a current ratio of 2.02, a quick ratio of 1.33 and a debt-to-equity ratio of 0.61. Aptiv PLC has a 1-year low of $46.07 and a 1-year high of $88.93. The firm has a market cap of $9.62 billion, a PE ratio of 43.73, a P/E/G ratio of 0.90 and a beta of 1.46. The firm has a fifty day simple moving average of $55.56 and a two-hundred day simple moving average of $62.89.

Aptiv (NYSE:APTV - Get Free Report) last posted its earnings results on Tuesday, August 4th. The auto parts company reported $1.63 earnings per share for the quarter, beating analysts' consensus estimates of $1.42 by $0.21. The company had revenue of $3.27 billion for the quarter, compared to the consensus estimate of $3.31 billion. Aptiv had a return on equity of 17.10% and a net margin of 1.17%.Aptiv's revenue was up 2.3% on a year-over-year basis. During the same quarter in the prior year, the company 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 5.69 EPS for the current year.

Insider Activity

In other Aptiv news, EVP Katherine H. Ramundo sold 2,000 shares of the company's stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $78.30, for a total transaction of $156,600.00. Following the completion of the sale, the executive vice president directly 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 filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.06% of the company's stock.

Wall Street Analyst Weigh In

APTV has been the topic of several analyst reports. TD Cowen decreased their target price on shares of Aptiv from $90.00 to $77.00 and set a "buy" rating on the stock in a research note on Wednesday, August 5th. Wall Street Zen cut Aptiv from a "buy" rating to a "hold" rating in a report on Saturday, June 6th. Zacks Research lowered Aptiv from a "hold" rating to a "strong sell" rating in a research report on Monday, August 10th. Fox Advisors lowered shares of Aptiv from an "overweight" rating to an "equal weight" rating in a research note on Wednesday, August 5th. Finally, Royal Bank Of Canada reduced their price target on shares of Aptiv from $90.00 to $78.00 and set an "outperform" rating on the stock in a research report on Wednesday, August 5th. Nineteen research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $76.50.

Aptiv Company 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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