Aptiv PLC $APTV Shares Sold by National Pension Service

Key Points

• The National Pension Service significantly reduced its holdings in Aptiv PLC by 85.6%, selling 431,005 shares and retaining only 72,696 shares valued at approximately $4.3 million.
• Goldman Sachs Group Inc. and Pacer Advisors Inc. notably increased their stakes in Aptiv, with the former boosting its position by 242.7% and the latter by 5,379.7%.
• Aptiv recently reported strong financial results, beating earnings expectations with a EPS of $2.12 and revenues of $5.21 billion, reflecting a 3.1% increase year-over-year.

National Pension Service decreased its position in shares of Aptiv PLC (NYSE:APTV - Free Report) by 85.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 72,696 shares of the auto parts company's stock after selling 431,005 shares during the period. National Pension Service's holdings in Aptiv were worth $4,325,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. Stephens Inc. AR boosted its stake in shares of Aptiv by 5.4% during the first quarter. Stephens Inc. AR now owns 3,941 shares of the auto parts company's stock worth $234,000 after buying an additional 201 shares during the period. OLD Second National Bank of Aurora increased its stake in Aptiv by 1.0% in the 1st quarter. OLD Second National Bank of Aurora now owns 24,547 shares of the auto parts company's stock valued at $1,461,000 after buying an additional 239 shares during the period. ProShare Advisors LLC increased its stake in Aptiv by 0.5% in the 4th quarter. ProShare Advisors LLC now owns 51,722 shares of the auto parts company's stock valued at $3,128,000 after buying an additional 248 shares during the period. Rafferty Asset Management LLC increased its stake in Aptiv by 1.3% in the 4th quarter. Rafferty Asset Management LLC now owns 25,669 shares of the auto parts company's stock valued at $1,552,000 after buying an additional 341 shares during the period. Finally, Meiji Yasuda Life Insurance Co increased its stake in Aptiv by 1.9% in the 4th quarter. Meiji Yasuda Life Insurance Co now owns 19,565 shares of the auto parts company's stock valued at $1,183,000 after buying an additional 360 shares during the period. Institutional investors and hedge funds own 94.21% of the company's stock.

Aptiv Trading Up 5.0%

Shares of NYSE:APTV traded up $3.71 during trading on Friday, reaching $78.08. The stock had a trading volume of 412,901 shares, compared to its average volume of 2,996,433. The business has a fifty day moving average price of $69.71 and a 200-day moving average price of $64.65. 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 cap of $17.00 billion, a P/E ratio of 17.85, a PEG ratio of 0.84 and a beta of 1.48. Aptiv PLC has a fifty-two week low of $47.19 and a fifty-two week high of $77.77.

Aptiv (NYSE:APTV - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The auto parts company reported $2.12 earnings per share for the quarter, beating analysts' consensus estimates of $1.83 by $0.29. The business 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 company's revenue was up 3.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.58 earnings per share. 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, analysts anticipate that Aptiv PLC will post 7.2 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts have recently commented on APTV shares. JPMorgan Chase & Co. raised their price target on Aptiv from $85.00 to $90.00 and gave the company an "overweight" rating in a report on Friday, August 1st. Bank of America upped their target price on shares of Aptiv from $80.00 to $85.00 and gave the stock a "buy" rating in a research report on Monday, June 16th. Robert W. Baird set a $82.00 target price on shares of Aptiv and gave the stock an "outperform" rating in a research report on Friday, July 11th. Wall Street Zen raised Aptiv to a "hold" rating in a research note on Saturday, June 21st. Finally, Oppenheimer reaffirmed an "outperform" rating and set a $88.00 price target (up previously from $84.00) on shares of Aptiv in a research note on Monday, August 4th. Three analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $81.81.

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.