Empirical Financial Services LLC d.b.a. Empirical Wealth Management Purchases New Position in Aptiv PLC $APTV

Empirical Financial Services LLC d.b.a. Empirical Wealth Management purchased a new stake in shares of Aptiv PLC (NYSE:APTV - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 3,192 shares of the auto parts company's stock, valued at approximately $218,000.

Other institutional investors also recently modified their holdings of the company. Middleton & Co. Inc. MA raised its stake in shares of Aptiv by 63.1% in the first quarter. Middleton & Co. Inc. MA now owns 33,668 shares of the auto parts company's stock worth $2,003,000 after acquiring an additional 13,026 shares during the last quarter. Principal Financial Group Inc. raised its stake in shares of Aptiv by 3.5% in the first quarter. Principal Financial Group Inc. now owns 282,787 shares of the auto parts company's stock worth $16,826,000 after acquiring an additional 9,552 shares during the last quarter. Crossmark Global Holdings Inc. raised its stake in shares of Aptiv by 89.5% in the first quarter. Crossmark Global Holdings Inc. now owns 22,411 shares of the auto parts company's stock worth $1,333,000 after acquiring an additional 10,585 shares during the last quarter. GAMMA Investing LLC raised its stake in shares of Aptiv by 348.2% in the first quarter. GAMMA Investing LLC now owns 2,752 shares of the auto parts company's stock worth $164,000 after acquiring an additional 2,138 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its stake in shares of Aptiv by 5.5% in the first quarter. Envestnet Asset Management Inc. now owns 303,652 shares of the auto parts company's stock worth $18,067,000 after acquiring an additional 15,849 shares during the last quarter. 94.21% of the stock is owned by institutional investors.

Aptiv Stock Down 2.7%

Shares of NYSE APTV opened at $85.24 on Wednesday. The stock has a market cap of $18.56 billion, a P/E ratio of 19.51, a P/E/G ratio of 0.97 and a beta of 1.55. The firm has a 50 day moving average price of $78.68 and a 200 day moving average price of $68.89. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.24 and a current ratio of 1.76. Aptiv PLC has a 52-week low of $47.19 and a 52-week high of $88.80.

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

Insiders Place Their Bets

In other Aptiv news, CAO Allan J. Brazier sold 1,000 shares of Aptiv stock in a transaction that occurred on Thursday, September 18th. The shares were sold at an average price of $85.00, for a total value of $85,000.00. Following the transaction, the chief accounting officer owned 49,820 shares of the company's stock, valued at approximately $4,234,700. The trade was a 1.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 0.45% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on APTV shares. Barclays raised shares of Aptiv from an "equal weight" rating to an "overweight" rating and boosted their target price for the stock from $85.00 to $105.00 in a research note on Friday, September 12th. Robert W. Baird lifted their price target on shares of Aptiv from $84.00 to $97.00 and gave the stock an "outperform" rating in a research report on Wednesday, September 3rd. Daiwa Capital Markets lifted their price target on shares of Aptiv from $79.00 to $100.00 and gave the stock an "outperform" rating in a research report on Wednesday, October 1st. Wolfe Research cut shares of Aptiv from an "outperform" rating to a "peer perform" rating in a research report on Wednesday, July 2nd. Finally, Weiss Ratings reiterated a "hold (c)" rating on shares of Aptiv in a research report on Saturday, September 27th. Three investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $87.81.

About Aptiv

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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