Hotchkis & Wiley Capital Management LLC Sells 255,420 Shares of Aptiv PLC $APTV

Key Points

• Hotchkis & Wiley Capital Management LLC reduced its stake in Aptiv PLC by 5.5% in the 1st quarter, selling 255,420 shares and maintaining ownership of approximately 4.4 million shares valued at $261.8 million.
• Goldman Sachs increased its position in Aptiv significantly, raising its stake by 242.7%, now owning over 8.5 million shares valued at $509.4 million.
• Aptiv reported earnings of $2.12 per share for the last quarter, exceeding analysts' expectations, and set its FY 2025 guidance at 7.300 to 7.600 EPS.

Hotchkis & Wiley Capital Management LLC trimmed its stake in Aptiv PLC (NYSE:APTV - Free Report) by 5.5% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 4,400,637 shares of the auto parts company's stock after selling 255,420 shares during the quarter. Hotchkis & Wiley Capital Management LLC owned approximately 2.02% of Aptiv worth $261,838,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of APTV. GeoWealth Management LLC grew its holdings in shares of Aptiv by 203.2% in the 4th 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. Dimensional Fund Advisors LP grew its holdings in shares of Aptiv by 20.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,541,024 shares of the auto parts company's stock worth $153,674,000 after acquiring an additional 433,857 shares during the last quarter. Tower Research Capital LLC TRC grew its holdings in shares of Aptiv by 82.5% in the 4th quarter. Tower Research Capital LLC TRC now owns 14,916 shares of the auto parts company's stock worth $902,000 after acquiring an additional 6,745 shares during the last quarter. Coldstream Capital Management Inc. grew its holdings in shares of Aptiv by 11.6% in the 4th quarter. Coldstream Capital Management Inc. now owns 8,486 shares of the auto parts company's stock worth $513,000 after acquiring an additional 882 shares during the last quarter. Finally, Boothbay Fund Management LLC acquired a new position in shares of Aptiv in the 4th quarter worth $5,804,000. 94.21% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

APTV has been the topic of a number of research analyst reports. Oppenheimer reiterated an "outperform" rating and set a $88.00 price target (up previously from $84.00) on shares of Aptiv in a report on Monday, August 4th. Barclays upped their price target on Aptiv from $65.00 to $85.00 and gave the company an "equal weight" rating in a research report on Wednesday, July 16th. Wall Street Zen raised Aptiv to a "hold" rating in a research report on Saturday, June 21st. JPMorgan Chase & Co. upped their price target on Aptiv from $85.00 to $90.00 and gave the company an "overweight" rating in a research report on Friday, August 1st. Finally, Wells Fargo & Company upped their price target on Aptiv from $86.00 to $89.00 and gave the company an "overweight" rating in a research report on Friday, August 1st. Three analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $81.81.

Aptiv Stock Up 0.2%

NYSE APTV traded up $0.15 on Wednesday, reaching $80.03. The stock had a trading volume of 2,562,548 shares, compared to its average volume of 3,000,450. The business has a 50 day moving average price of $70.38 and a 200 day moving average price of $65.01. The company has a current ratio of 1.76, a quick ratio of 1.24 and a debt-to-equity ratio of 0.79. Aptiv PLC has a 1 year low of $47.19 and a 1 year high of $81.13. The company has a market capitalization of $17.43 billion, a price-to-earnings ratio of 18.31, a P/E/G ratio of 0.88 and a beta of 1.48.

Aptiv (NYSE:APTV - Get Free Report) last issued 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 return on equity of 18.46% and a net margin of 5.12%.The firm had revenue of $5.21 billion for the quarter, compared to the consensus estimate of $5.02 billion. During the same quarter in the previous year, the company posted $1.58 earnings per share. The business's quarterly revenue 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. On average, analysts forecast that Aptiv PLC will post 7.2 EPS for the current fiscal year.

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.