Aptiv PLC (NYSE:APTV) Shares Acquired by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. raised its holdings in shares of Aptiv PLC (NYSE:APTV - Free Report) by 5.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 303,652 shares of the auto parts company's stock after buying an additional 15,849 shares during the period. Envestnet Asset Management Inc. owned about 0.13% of Aptiv worth $18,067,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Covestor Ltd boosted its stake in shares of Aptiv by 11.4% during the fourth quarter. Covestor Ltd now owns 1,819 shares of the auto parts company's stock valued at $110,000 after purchasing an additional 186 shares in the last quarter. Horizon Investments LLC grew its position in shares of Aptiv by 6.1% in the fourth quarter. Horizon Investments LLC now owns 3,825 shares of the auto parts company's stock valued at $231,000 after purchasing an additional 219 shares during the period. OLD Second National Bank of Aurora boosted its position in Aptiv by 1.0% during the first quarter. OLD Second National Bank of Aurora now owns 24,547 shares of the auto parts company's stock worth $1,461,000 after acquiring an additional 239 shares during the last quarter. ProShare Advisors LLC boosted its holdings in Aptiv by 0.5% in the 4th quarter. ProShare Advisors LLC now owns 51,722 shares of the auto parts company's stock valued at $3,128,000 after purchasing an additional 248 shares during the last quarter. Finally, Westpac Banking Corp raised its stake in shares of Aptiv by 21.9% in the 4th quarter. Westpac Banking Corp now owns 1,900 shares of the auto parts company's stock valued at $115,000 after acquiring an additional 341 shares during the period. 94.21% of the stock is owned by institutional investors.

Aptiv Stock Up 1.2%

NYSE:APTV traded up $0.80 during trading hours on Monday, hitting $69.00. 1,894,086 shares of the company traded hands, compared to its average volume of 3,355,731. 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 has a market cap of $15.02 billion, a PE ratio of 11.42, a PEG ratio of 0.76 and a beta of 1.46. Aptiv PLC has a one year low of $47.19 and a one year high of $80.95. The firm's 50-day simple moving average is $68.51 and its 200-day simple moving average is $63.30.

Aptiv (NYSE:APTV - Get Free Report) last announced its quarterly earnings results on Thursday, May 1st. The auto parts company reported $1.69 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $4.83 billion for the quarter, compared to the consensus estimate of $4.78 billion. During the same period in the prior year, the company posted $1.16 earnings per share. The company's quarterly revenue was down 1.6% on a year-over-year basis. Equities analysts predict that Aptiv PLC will post 7.2 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts have weighed in on APTV shares. Wells Fargo & Company boosted their target price on shares of Aptiv from $85.00 to $86.00 and gave the company an "overweight" rating in a research note on Tuesday, July 1st. Guggenheim cut Aptiv from a "buy" rating to a "neutral" rating in a research report on Wednesday, June 4th. Piper Sandler set a $70.00 price objective on Aptiv and gave the stock a "neutral" rating in a research note on Thursday, May 22nd. Robert W. Baird set a $82.00 price objective on Aptiv and gave the stock an "outperform" rating in a research report on Friday, July 11th. Finally, Wall Street Zen upgraded Aptiv to a "hold" rating in a report on Saturday, June 21st. One research analyst has rated the stock with a sell rating, nine have issued a hold rating, ten have assigned a buy rating and three have issued a strong buy rating to the company. According to MarketBeat.com, Aptiv presently has an average rating of "Moderate Buy" and a consensus price target of $81.63.

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.