Davidson Investment Advisors increased its position in Aptiv PLC (NYSE:APTV - Free Report) by 11.8% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 242,427 shares of the auto parts company's stock after buying an additional 25,602 shares during the quarter. Davidson Investment Advisors owned 0.11% of Aptiv worth $14,424,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds also recently made changes to their positions in the company. Massachusetts Financial Services Co. MA boosted its holdings in Aptiv by 11.9% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 14,289,126 shares of the auto parts company's stock valued at $864,206,000 after acquiring an additional 1,517,104 shares during the last quarter. FMR LLC boosted its holdings in shares of Aptiv by 1.7% during the 4th quarter. FMR LLC now owns 7,775,251 shares of the auto parts company's stock worth $470,247,000 after buying an additional 126,882 shares in the last quarter. Franklin Resources Inc. boosted its holdings in shares of Aptiv by 29.7% during the 4th quarter. Franklin Resources Inc. now owns 6,146,947 shares of the auto parts company's stock worth $371,767,000 after buying an additional 1,408,433 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Aptiv by 25.4% during the 4th quarter. JPMorgan Chase & Co. now owns 2,724,091 shares of the auto parts company's stock worth $168,619,000 after buying an additional 552,066 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of Aptiv by 20.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,541,024 shares of the auto parts company's stock worth $153,674,000 after buying an additional 433,857 shares in the last quarter. Institutional investors and hedge funds own 94.21% of the company's stock.
Aptiv Price Performance
Shares of NYSE APTV traded down $0.60 during trading hours on Monday, reaching $71.96. 2,123,232 shares of the stock traded hands, compared to its average volume of 3,387,570. The company has a quick ratio of 1.11, a current ratio of 1.61 and a debt-to-equity ratio of 0.83. The company's 50-day simple moving average is $66.19 and its two-hundred day simple moving average is $62.58. The company has a market capitalization of $15.67 billion, a P/E ratio of 11.91, a price-to-earnings-growth ratio of 0.81 and a beta of 1.46. Aptiv PLC has a 52-week low of $47.19 and a 52-week high of $80.95.
Aptiv (NYSE:APTV - Get Free Report) last announced its quarterly earnings results on Thursday, May 1st. The auto parts company reported $1.69 EPS for the quarter, topping analysts' consensus estimates of $1.55 by $0.14. Aptiv had a return on equity of 17.24% and a net margin of 7.93%. The business had revenue of $4.83 billion for the quarter, compared to analysts' expectations of $4.78 billion. During the same period in the previous year, the firm earned $1.16 EPS. The business's quarterly revenue was down 1.6% on a year-over-year basis. Equities research analysts forecast that Aptiv PLC will post 7.2 EPS for the current year.
Analysts Set New Price Targets
APTV has been the topic of a number of recent research reports. Robert W. Baird cut their target price on Aptiv from $84.00 to $65.00 and set an "outperform" rating on the stock in a report on Tuesday, April 15th. Royal Bank Of Canada raised their target price on Aptiv from $60.00 to $77.00 and gave the company an "outperform" rating in a research report on Friday, May 2nd. Wolfe Research lowered Aptiv from an "outperform" rating to a "peer perform" rating in a research report on Wednesday, July 2nd. Piper Sandler set a $70.00 price target on Aptiv and gave the stock a "neutral" rating in a research note on Thursday, May 22nd. Finally, Wells Fargo & Company raised their target price on Aptiv from $85.00 to $86.00 and gave the stock an "overweight" rating in a research note on Tuesday, July 1st. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating, twelve have issued a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $81.61.
Check Out Our Latest Analysis on APTV
Aptiv Company Profile
(
Free Report)
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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