Aptiv PLC (NYSE:APTV) Stock Holdings Lifted by GAMMA Investing LLC

GAMMA Investing LLC lifted its position in Aptiv PLC (NYSE:APTV - Free Report) by 26,568.4% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 163,744 shares of the auto parts company's stock after purchasing an additional 163,130 shares during the quarter. GAMMA Investing LLC owned about 0.07% of Aptiv worth $97,430,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in APTV. Picton Mahoney Asset Management purchased a new position in shares of Aptiv during the fourth quarter worth approximately $37,000. Versant Capital Management Inc boosted its holdings in Aptiv by 201.7% during the first quarter. Versant Capital Management Inc now owns 703 shares of the auto parts company's stock worth $42,000 after buying an additional 470 shares in the last quarter. CENTRAL TRUST Co boosted its position in Aptiv by 356.3% during the fourth quarter. CENTRAL TRUST Co now owns 867 shares of the auto parts company's stock worth $52,000 after purchasing an additional 677 shares in the last quarter. MassMutual Private Wealth & Trust FSB raised its position in Aptiv by 164.7% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 1,363 shares of the auto parts company's stock worth $81,000 after acquiring an additional 848 shares during the last quarter. Finally, GeoWealth Management LLC raised its holdings in shares of Aptiv by 203.2% in the fourth quarter. GeoWealth Management LLC now owns 1,525 shares of the auto parts company's stock worth $92,000 after acquiring an additional 1,022 shares during the last quarter. 94.21% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, SVP Benjamin Lyon sold 14,568 shares of the stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $65.50, for a total value of $954,204.00. Following the completion of the sale, the senior vice president now directly owns 125,237 shares of the company's stock, valued at $8,203,023.50. This represents a 10.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.45% of the company's stock.

Aptiv Trading Up 0.5%

Shares of NYSE APTV traded up $0.34 during mid-day trading on Thursday, hitting $66.22. 638,854 shares of the company traded hands, compared to its average volume of 3,489,550. The company has a quick ratio of 1.07, a current ratio of 1.53 and a debt-to-equity ratio of 0.87. Aptiv PLC has a 1 year low of $47.19 and a 1 year high of $84.22. The stock has a market capitalization of $14.42 billion, a price-to-earnings ratio of 9.60, a PEG ratio of 0.62 and a beta of 1.44. The business has a 50 day moving average of $59.31 and a two-hundred day moving average of $60.58.

Aptiv (NYSE:APTV - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The auto parts company reported $1.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.55 by $0.14. Aptiv had a return on equity of 15.63% and a net margin of 9.07%. The firm had revenue of $4.83 billion for the quarter, compared to the consensus estimate of $4.78 billion. During the same quarter in the previous year, the company earned $1.16 EPS. The business's revenue for the quarter was down 1.6% compared to the same quarter last year. On average, sell-side analysts anticipate that Aptiv PLC will post 7.2 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms recently weighed in on APTV. Wells Fargo & Company increased their target price on Aptiv from $75.00 to $85.00 and gave the stock an "overweight" rating in a research report on Monday, May 19th. Morgan Stanley lowered their target price on Aptiv from $60.00 to $55.00 and set an "underweight" rating for the company in a research note on Monday, May 19th. Guggenheim downgraded Aptiv from a "buy" rating to a "neutral" rating in a research note on Wednesday. Piper Sandler set a $70.00 target price on shares of Aptiv and gave the company a "neutral" rating in a research note on Thursday, May 22nd. Finally, Evercore ISI cut their target price on shares of Aptiv from $105.00 to $95.00 and set an "outperform" rating on the stock in a report on Monday, February 10th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, thirteen have given a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $82.50.

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.