Financiere des Professionnels Fonds d investissement inc. Sells 40,256 Shares of Aptiv PLC $APTV

Key Points

• Financiere des Professionnels Fonds d investissement inc. reduced its holdings in Aptiv PLC by 24.8% in Q2, now owning 0.06% of the company valued at approximately $8.3 million.
• Goldman Sachs significantly increased its position in Aptiv by 242.7%, now owning over 8.5 million shares worth around $509 million.
• Aptiv recently reported a Q2 earnings per share of $2.12, exceeding estimates and showing a revenue increase of 3.1% compared to the previous year.

Financiere des Professionnels Fonds d investissement inc. decreased its holdings in shares of Aptiv PLC (NYSE:APTV - Free Report) by 24.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 121,991 shares of the auto parts company's stock after selling 40,256 shares during the quarter. Financiere des Professionnels Fonds d investissement inc. owned about 0.06% of Aptiv worth $8,322,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Zions Bancorporation National Association UT bought a new stake in shares of Aptiv in the first quarter worth $26,000. 1248 Management LLC acquired a new position in shares of Aptiv in the first quarter valued at about $28,000. Geneos Wealth Management Inc. grew its stake in Aptiv by 452.3% during the first quarter. Geneos Wealth Management Inc. now owns 486 shares of the auto parts company's stock worth $29,000 after buying an additional 398 shares in the last quarter. Mather Group LLC. boosted its stake 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 valued at $38,000 after purchasing an additional 385 shares in the last quarter. Finally, Eastern Bank acquired a new stake in shares of Aptiv in the 1st quarter valued at approximately $39,000. Institutional investors own 94.21% of the company's stock.

Aptiv Stock Down 0.1%

NYSE APTV traded down $0.08 during mid-day trading on Friday, hitting $85.29. The company's stock had a trading volume of 5,221,026 shares, compared to its average volume of 2,175,836. 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 firm has a market capitalization of $18.57 billion, a price-to-earnings ratio of 19.52, a PEG ratio of 0.95 and a beta of 1.48. The company's 50 day simple moving average is $74.76 and its 200 day simple moving average is $66.99. Aptiv PLC has a twelve month low of $47.19 and a twelve month high of $86.43.

Aptiv (NYSE:APTV - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The auto parts company reported $2.12 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.83 by $0.29. The firm had revenue of $5.21 billion for the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.58 EPS. Aptiv has set its FY 2025 guidance at 7.300-7.600 EPS. Q3 2025 guidance at 1.600-1.800 EPS. Analysts anticipate that Aptiv PLC will post 7.2 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on APTV shares. UBS Group raised their price target on shares of Aptiv from $66.00 to $75.00 and gave the company a "neutral" rating in a research note on Monday, July 14th. Barclays upgraded shares of Aptiv from an "equal weight" rating to an "overweight" rating and raised their price objective for the company from $85.00 to $105.00 in a report on Friday, September 12th. Wolfe Research lowered shares of Aptiv from an "outperform" rating to a "peer perform" rating in a report on Wednesday, July 2nd. Oppenheimer raised their price objective on shares of Aptiv from $88.00 to $92.00 and gave the company an "outperform" rating in a report on Thursday, September 11th. Finally, Wall Street Zen upgraded shares of Aptiv from a "hold" rating to a "buy" rating in a report on Monday, September 15th. Three analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $85.53.

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.