Dimensional Fund Advisors LP Acquires 36,270 Shares of Aptiv PLC $APTV

Key Points

• Dimensional Fund Advisors LP increased its holdings in Aptiv PLC by 1.4% during the first quarter, acquiring an additional 36,270 shares, bringing its total ownership to 2,577,294 shares valued at approximately $153 million.
• Aptiv reported strong quarterly earnings with $2.12 earnings per share, exceeding analysts' expectations of $1.83, alongside a revenue of $5.21 billion, indicating a year-over-year revenue increase of 3.1%.
• Analysts have set varied price targets for Aptiv, with the average target price now at $81.81, reflecting a "Moderate Buy" rating consensus among research analysts.

Dimensional Fund Advisors LP grew its holdings in Aptiv PLC (NYSE:APTV - Free Report) by 1.4% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,577,294 shares of the auto parts company's stock after buying an additional 36,270 shares during the period. Dimensional Fund Advisors LP owned approximately 1.18% of Aptiv worth $153,373,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Zions Bancorporation National Association UT purchased a new position in shares of Aptiv in the 1st quarter worth $26,000. Mather Group LLC. lifted its holdings 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 acquiring an additional 385 shares during the last quarter. Eastern Bank bought a new stake in shares of Aptiv in the 1st quarter worth about $39,000. Versant Capital Management Inc lifted its holdings in shares of Aptiv by 201.7% in the 1st quarter. Versant Capital Management Inc now owns 703 shares of the auto parts company's stock worth $42,000 after acquiring an additional 470 shares during the last quarter. Finally, UMB Bank n.a. bought a new stake in shares of Aptiv in the 1st quarter worth about $48,000. 94.21% of the stock is owned by hedge funds and other institutional investors.

Aptiv Stock Up 1.3%

Shares of NYSE:APTV traded up $1.05 during trading hours on Tuesday, hitting $79.88. The company's stock had a trading volume of 3,673,753 shares, compared to its average volume of 2,882,667. Aptiv PLC has a 52 week low of $47.19 and a 52 week high of $80.02. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.76 and a quick ratio of 1.24. The company has a market capitalization of $17.40 billion, a price-to-earnings ratio of 18.28, a P/E/G ratio of 0.88 and a beta of 1.48. The firm's fifty day moving average price is $70.38 and its 200 day moving average price is $65.01.

Aptiv (NYSE:APTV - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The auto parts company reported $2.12 EPS for the quarter, beating the consensus estimate of $1.83 by $0.29. Aptiv had a net margin of 5.12% and a return on equity of 18.46%. The business had revenue of $5.21 billion during the quarter, compared to analyst estimates of $5.02 billion. During the same quarter in the previous year, the business 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. As a group, research analysts expect that Aptiv PLC will post 7.2 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Bank of America raised their target price on shares of Aptiv from $80.00 to $85.00 and gave the stock a "buy" rating in a report on Monday, June 16th. JPMorgan Chase & Co. raised their target price on shares of Aptiv from $85.00 to $90.00 and gave the stock an "overweight" rating in a report on Friday, August 1st. Morgan Stanley raised their target price on shares of Aptiv from $55.00 to $60.00 and gave the stock an "underweight" rating in a report on Tuesday, August 12th. Wall Street Zen upgraded shares of Aptiv to a "hold" rating in a report on Saturday, June 21st. Finally, Wells Fargo & Company raised their target price on shares of Aptiv from $86.00 to $89.00 and gave the stock an "overweight" rating in a report on Friday, August 1st. Three research 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 given a Sell rating to the company. According to MarketBeat.com, Aptiv has a consensus rating of "Moderate Buy" and a consensus price target of $81.81.

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.