Generali Asset Management SPA SGR Lowers Stock Holdings in Aptiv PLC $APTV

Key Points

• Generali Asset Management SPA SGR reduced its stake in Aptiv PLC by 23.2% during the second quarter, selling 10,023 shares and now holding 33,123 shares valued at approximately $2.26 million.
• Despite the reduction by Generali, several other large investors, including Goldman Sachs and UBS, have significantly increased their positions in Aptiv, indicating ongoing institutional interest in the stock.
• Aptiv reported that its quarterly earnings of $2.12 per share surpassed analysts' estimates, alongside a revenue of $5.21 billion, marking a 3.1% year-over-year increase.

Generali Asset Management SPA SGR trimmed its stake in Aptiv PLC (NYSE:APTV - Free Report) by 23.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 33,123 shares of the auto parts company's stock after selling 10,023 shares during the period. Generali Asset Management SPA SGR's holdings in Aptiv were worth $2,260,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in the stock. Goldman Sachs Group Inc. boosted its position in Aptiv by 242.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 8,560,781 shares of the auto parts company's stock valued at $509,366,000 after buying an additional 6,062,438 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Aptiv by 10.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 5,934,199 shares of the auto parts company's stock worth $353,085,000 after purchasing an additional 570,930 shares during the period. Alliancebernstein L.P. lifted its position in shares of Aptiv by 53.6% in the 1st quarter. Alliancebernstein L.P. now owns 3,515,617 shares of the auto parts company's stock worth $209,179,000 after purchasing an additional 1,227,020 shares during the period. Canada Pension Plan Investment Board lifted its position in shares of Aptiv by 8.5% in the 1st quarter. Canada Pension Plan Investment Board now owns 3,404,273 shares of the auto parts company's stock worth $202,554,000 after purchasing an additional 266,176 shares during the period. Finally, Allspring Global Investments Holdings LLC lifted its position in shares of Aptiv by 1.3% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 2,678,612 shares of the auto parts company's stock worth $191,976,000 after purchasing an additional 33,441 shares during the period. 94.21% of the stock is owned by hedge funds and other institutional investors.

Aptiv Trading Down 0.2%

NYSE:APTV opened at $83.51 on Friday. Aptiv PLC has a 52 week low of $47.19 and a 52 week high of $88.80. The firm has a 50 day moving average of $81.04 and a 200 day moving average of $69.82. The company has a quick ratio of 1.24, a current ratio of 1.76 and a debt-to-equity ratio of 0.79. The stock has a market capitalization of $18.19 billion, a price-to-earnings ratio of 19.11, a PEG ratio of 0.91 and a beta of 1.55.

Aptiv (NYSE:APTV - Get Free Report) last posted its earnings results on Thursday, July 31st. The auto parts company reported $2.12 EPS for the quarter, beating analysts' consensus estimates of $1.83 by $0.29. Aptiv had a net margin of 5.12% and a return on equity of 18.46%. The company had revenue of $5.21 billion during the quarter, compared to analysts' expectations of $5.02 billion. During the same quarter in the prior year, the company posted $1.58 earnings per share. Aptiv's revenue for the quarter 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, sell-side analysts anticipate that Aptiv PLC will post 7.2 earnings per share for the current fiscal year.

Insider Transactions at Aptiv

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

Analyst Ratings Changes

APTV has been the subject of several research reports. Citigroup initiated coverage on shares of Aptiv in a research report on Friday, October 10th. They issued a "buy" rating and a $109.00 price target for the company. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Aptiv in a research report on Wednesday, October 8th. Wolfe Research cut shares of Aptiv from an "outperform" rating to a "peer perform" rating in a research report on Wednesday, July 2nd. Daiwa Capital Markets upped 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. Finally, Wells Fargo & Company upped their price target on shares of Aptiv from $103.00 to $106.00 and gave the stock an "overweight" rating in a research report on Thursday, September 25th. Three investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Aptiv currently has a consensus rating of "Moderate Buy" and an average price target of $92.47.

Aptiv Company 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.

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