Northern Trust Corp Sells 31,336 Shares of Aptiv PLC $APTV

Key Points

• Northern Trust Corp reduced its holdings in Aptiv PLC by 1.3%, owning approximately 2.4 million shares valued at $142.6 million as of the latest SEC filing.
• Analyst ratings for Aptiv show a mix of opinions, with three analysts rating it as Strong Buy, ten as Buy, while others rate it Hold or Sell, leading to an average rating of "Moderate Buy."
• Aptiv reported a better-than-expected quarterly EPS of $2.12, exceeding estimates by $0.29, and set its FY 2025 guidance at 7.300-7.600 EPS.

Northern Trust Corp decreased its holdings in Aptiv PLC (NYSE:APTV - Free Report) by 1.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,396,632 shares of the auto parts company's stock after selling 31,336 shares during the quarter. Northern Trust Corp owned approximately 1.10% of Aptiv worth $142,600,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of APTV. Zions Bancorporation National Association UT bought a new stake in shares of Aptiv in the first quarter worth $26,000. Mather Group LLC. grew its stake in shares of Aptiv by 155.2% in the first quarter. Mather Group LLC. now owns 633 shares of the auto parts company's stock worth $38,000 after purchasing an additional 385 shares during the last quarter. Eastern Bank bought a new stake in shares of Aptiv in the first quarter worth $39,000. Versant Capital Management Inc grew its stake in shares of Aptiv by 201.7% in the first quarter. Versant Capital Management Inc now owns 703 shares of the auto parts company's stock worth $42,000 after purchasing an additional 470 shares during the last quarter. Finally, UMB Bank n.a. acquired a new position in Aptiv in the first quarter valued at $48,000. Institutional investors own 94.21% of the company's stock.

Aptiv Stock Up 0.0%

Shares of NYSE:APTV traded up $0.04 during midday trading on Wednesday, hitting $79.92. 1,361,640 shares of the company's stock were exchanged, compared to its average volume of 2,992,573. 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 stock has a 50 day moving average price of $70.38 and a 200-day moving average price of $65.01. The company has a market cap of $17.40 billion, a PE ratio of 18.27, a price-to-earnings-growth ratio of 0.88 and a beta of 1.48. Aptiv PLC has a 12 month low of $47.19 and a 12 month high of $81.13.

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, topping the consensus estimate of $1.83 by $0.29. The company had revenue of $5.21 billion during the quarter, compared to the consensus estimate of $5.02 billion. Aptiv had a net margin of 5.12% and a return on equity of 18.46%. The firm's revenue for the quarter was up 3.1% on a year-over-year basis. During the same period in the previous year, the firm 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. On average, sell-side analysts anticipate that Aptiv PLC will post 7.2 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms recently issued reports on APTV. Piper Sandler set a $70.00 target price on shares of Aptiv and gave the company a "neutral" rating in a report on Thursday, May 22nd. Robert W. Baird set a $82.00 target price on shares of Aptiv and gave the company an "outperform" rating in a report on Friday, July 11th. Bank of America boosted their target price on shares of Aptiv from $80.00 to $85.00 and gave the company a "buy" rating in a report on Monday, June 16th. JPMorgan Chase & Co. boosted their target price on shares of Aptiv from $85.00 to $90.00 and gave the company an "overweight" rating in a report on Friday, August 1st. Finally, UBS Group upped their price objective on shares of Aptiv from $66.00 to $75.00 and gave the company a "neutral" rating in a report on Monday, July 14th. Three analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $81.81.

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.