MBB Public Markets I LLC Invests $302,000 in Aptiv PLC $APTV

Key Points

• MBB Public Markets I LLC invested approximately $302,000 in Aptiv PLC by purchasing 5,075 shares in the first quarter, highlighting institutional interest in the auto parts company.
• Aptiv has seen significant stake increases from other institutional investors, with Middleton & Co. increasing their stake by 63.1% and GAMMA Investing LLC by 348.2% in the same timeframe.
• Aptiv's latest earnings report showed a revenue of $5.21 billion and $2.12 earnings per share, exceeding analyst estimates, alongside positive guidance for FY 2025.

MBB Public Markets I LLC bought a new position in Aptiv PLC (NYSE:APTV - Free Report) in the first quarter, according to its most recent filing with the SEC. The firm bought 5,075 shares of the auto parts company's stock, valued at approximately $302,000.

Other institutional investors also recently bought and sold shares of the company. Middleton & Co. Inc. MA boosted its stake in Aptiv by 63.1% in the 1st quarter. Middleton & Co. Inc. MA now owns 33,668 shares of the auto parts company's stock worth $2,003,000 after purchasing an additional 13,026 shares in the last quarter. Principal Financial Group Inc. boosted its stake in Aptiv by 3.5% in the 1st quarter. Principal Financial Group Inc. now owns 282,787 shares of the auto parts company's stock worth $16,826,000 after purchasing an additional 9,552 shares in the last quarter. Crossmark Global Holdings Inc. boosted its stake in Aptiv by 89.5% in the 1st quarter. Crossmark Global Holdings Inc. now owns 22,411 shares of the auto parts company's stock worth $1,333,000 after purchasing an additional 10,585 shares in the last quarter. GAMMA Investing LLC boosted its stake in Aptiv by 348.2% in the 1st quarter. GAMMA Investing LLC now owns 2,752 shares of the auto parts company's stock worth $164,000 after purchasing an additional 2,138 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in Aptiv by 5.5% in the 1st quarter. Envestnet Asset Management Inc. now owns 303,652 shares of the auto parts company's stock worth $18,067,000 after purchasing an additional 15,849 shares in the last quarter. 94.21% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms recently commented on APTV. Guggenheim cut shares of Aptiv from a "buy" rating to a "neutral" rating in a research note on Wednesday, June 4th. Wall Street Zen cut shares of Aptiv from a "buy" rating to a "hold" rating in a research note on Sunday. Oppenheimer restated an "outperform" rating and set a $88.00 price objective (up from $84.00) on shares of Aptiv in a research note on Monday, August 4th. 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, Bank of America lifted their price objective on shares of Aptiv from $85.00 to $95.00 and gave the company a "buy" rating in a research note on Wednesday. Three equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $83.93.

Aptiv Price Performance

NYSE:APTV opened at $81.70 on Thursday. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.76 and a quick ratio of 1.24. The firm has a market cap of $17.79 billion, a price-to-earnings ratio of 18.69, a price-to-earnings-growth ratio of 0.92 and a beta of 1.48. The company has a 50 day moving average price of $73.01 and a 200-day moving average price of $66.09. Aptiv PLC has a 1-year low of $47.19 and a 1-year high of $82.74.

Aptiv (NYSE:APTV - Get Free Report) last posted its earnings results on Thursday, July 31st. The auto parts company reported $2.12 earnings per share for the quarter, beating the consensus estimate of $1.83 by $0.29. The firm had revenue of $5.21 billion during the quarter, compared to analyst estimates of $5.02 billion. Aptiv had a net margin of 5.12% and a return on equity of 18.46%. The business's quarterly revenue was up 3.1% on a year-over-year basis. 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. Equities research analysts forecast that Aptiv PLC will post 7.2 EPS for the current 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.

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