Causeway Capital Management LLC Grows Holdings in Aptiv PLC $APTV

Key Points

• Causeway Capital Management LLC increased its holdings in Aptiv PLC by 68.9% during Q1, owning approximately 860,744 shares, valued at $51.21 million, making Aptiv the 24th largest position in their portfolio.
• Aptiv reported $2.12 earnings per share for Q2, surpassing expectations, with a revenue of $5.21 billion—up 3.1% year-over-year—and set FY 2025 guidance at 7.300-7.600 EPS.
• Analysts maintain a consensus rating of "Moderate Buy" for Aptiv, with target prices ranging from $70.00 to $89.00, reflecting confidence in the company's future performance.

Causeway Capital Management LLC grew its stake in shares of Aptiv PLC (NYSE:APTV - Free Report) by 68.9% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 860,744 shares of the auto parts company's stock after purchasing an additional 351,095 shares during the period. Aptiv makes up about 1.1% of Causeway Capital Management LLC's holdings, making the stock its 24th largest position. Causeway Capital Management LLC owned about 0.40% of Aptiv worth $51,214,000 as of its most recent filing with the SEC.

Other institutional investors also recently made changes to their positions in the company. Zions Bancorporation National Association UT purchased a new stake in shares of Aptiv during the 1st quarter worth $26,000. Mather Group LLC. boosted its position in shares of Aptiv by 155.2% during the 1st quarter. Mather Group LLC. now owns 633 shares of the auto parts company's stock worth $38,000 after purchasing an additional 385 shares in the last quarter. Eastern Bank purchased a new stake in shares of Aptiv during the 1st quarter worth $39,000. Versant Capital Management Inc boosted its position 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. Finally, UMB Bank n.a. purchased a new stake in shares of Aptiv in the 1st quarter worth about $48,000. 94.21% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Barclays boosted their price objective on shares of Aptiv from $65.00 to $85.00 and gave the stock an "equal weight" rating in a research report on Wednesday, July 16th. Wells Fargo & Company boosted their price objective on shares of Aptiv from $86.00 to $89.00 and gave the stock an "overweight" rating in a research report on Friday, August 1st. Robert W. Baird set a $82.00 price objective on shares of Aptiv and gave the stock an "outperform" rating in a research report on Friday, July 11th. Wolfe Research lowered shares of Aptiv from an "outperform" rating to a "peer perform" rating in a research report on Wednesday, July 2nd. Finally, Royal Bank Of Canada boosted their price objective on shares of Aptiv from $85.00 to $92.00 and gave the stock an "outperform" rating in a research report on Tuesday, August 5th. Three investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $81.81.

Aptiv Trading Down 0.8%

Shares of NYSE APTV traded down $0.62 on Friday, reaching $79.68. 1,834,007 shares of the company traded hands, compared to its average volume of 2,739,295. Aptiv PLC has a fifty-two week low of $47.19 and a fifty-two week high of $81.13. The company has a 50 day moving average of $71.13 and a 200 day moving average of $65.33. The company has a current ratio of 1.76, a quick ratio of 1.24 and a debt-to-equity ratio of 0.79. The stock has a market capitalization of $17.35 billion, a PE ratio of 18.23, a P/E/G ratio of 0.90 and a beta of 1.48.

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

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.