Aptiv PLC (NYSE:APTV) Shares Sold by Kintegral Advisory LLC

Kintegral Advisory LLC decreased its position in Aptiv PLC (NYSE:APTV - Free Report) by 32.9% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 11,640 shares of the auto parts company's stock after selling 5,708 shares during the period. Kintegral Advisory LLC's holdings in Aptiv were worth $693,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Norges Bank purchased a new stake in shares of Aptiv during the fourth quarter worth about $106,492,000. Pictet Asset Management Holding SA increased its stake in shares of Aptiv by 1,018.9% during the fourth quarter. Pictet Asset Management Holding SA now owns 1,690,845 shares of the auto parts company's stock worth $102,262,000 after purchasing an additional 1,539,724 shares in the last quarter. Massachusetts Financial Services Co. MA increased its stake in shares of Aptiv by 11.9% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 14,289,126 shares of the auto parts company's stock worth $864,206,000 after purchasing an additional 1,517,104 shares in the last quarter. Franklin Resources Inc. increased its stake in shares of Aptiv by 29.7% during the fourth quarter. Franklin Resources Inc. now owns 6,146,947 shares of the auto parts company's stock worth $371,767,000 after purchasing an additional 1,408,433 shares in the last quarter. Finally, Paloma Partners Management Co increased its stake in shares of Aptiv by 968.7% during the fourth quarter. Paloma Partners Management Co now owns 909,500 shares of the auto parts company's stock worth $55,007,000 after purchasing an additional 824,400 shares in the last quarter. Hedge funds and other institutional investors own 94.21% of the company's stock.

Analyst Ratings Changes

A number of analysts have recently commented on APTV shares. Bank of America boosted their target price on shares of Aptiv from $80.00 to $85.00 and gave the stock a "buy" rating in a research note on Monday, June 16th. Wall Street Zen raised shares of Aptiv to a "hold" rating in a research note on Saturday, June 21st. Morgan Stanley dropped their price objective on shares of Aptiv from $60.00 to $55.00 and set an "underweight" rating for the company in a research note on Monday, May 19th. Piper Sandler set a $70.00 price objective on shares of Aptiv and gave the company a "neutral" rating in a research note on Thursday, May 22nd. Finally, Barclays upped their price objective on shares of Aptiv from $55.00 to $65.00 and gave the company an "equal weight" rating in a research note on Monday, May 5th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating, twelve have issued a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $81.61.

Aptiv Trading Up 0.3%

NYSE APTV traded up $0.23 on Friday, reaching $72.42. The stock had a trading volume of 1,048,551 shares, compared to its average volume of 3,392,648. The firm has a market capitalization of $15.77 billion, a price-to-earnings ratio of 11.99, a P/E/G ratio of 0.81 and a beta of 1.46. The company has a quick ratio of 1.11, a current ratio of 1.61 and a debt-to-equity ratio of 0.83. Aptiv PLC has a 12-month low of $47.19 and a 12-month high of $80.95. The stock has a fifty day moving average price of $66.19 and a two-hundred day moving average price of $62.55.

Aptiv (NYSE:APTV - Get Free Report) last announced its 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. The company had revenue of $4.83 billion for the quarter, compared to analyst estimates of $4.78 billion. Aptiv had a return on equity of 17.24% and a net margin of 7.93%. The firm's quarterly revenue was down 1.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.16 earnings per share. As a group, sell-side analysts forecast that Aptiv PLC will post 7.2 EPS for the current fiscal year.

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.