Optimize Financial Inc Grows Stock Position in Aptiv PLC $APTV

Key Points

• Optimize Financial Inc increased its stake in Aptiv PLC by 39.7% in Q1, now holding 10,798 shares valued at $642,000.
• Aptiv reported $2.12 earnings per share in its latest quarterly earnings, surpassing analysts' expectations of $1.83.
• The stock has a current consensus rating of "Moderate Buy" and a price target of $82.33.

Optimize Financial Inc boosted its holdings in Aptiv PLC (NYSE:APTV - Free Report) by 39.7% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,798 shares of the auto parts company's stock after purchasing an additional 3,068 shares during the quarter. Optimize Financial Inc's holdings in Aptiv were worth $642,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of APTV. Gamco Investors INC. ET AL increased its holdings in shares of Aptiv by 1.7% in the 1st quarter. Gamco Investors INC. ET AL now owns 9,760 shares of the auto parts company's stock valued at $581,000 after purchasing an additional 160 shares in the last quarter. AlTi Global Inc. increased its holdings in shares of Aptiv by 1.6% in the 1st quarter. AlTi Global Inc. now owns 10,677 shares of the auto parts company's stock valued at $635,000 after purchasing an additional 173 shares in the last quarter. Stephens Inc. AR increased its holdings in shares of Aptiv by 5.4% in the 1st quarter. Stephens Inc. AR now owns 3,941 shares of the auto parts company's stock valued at $234,000 after purchasing an additional 201 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. increased its holdings in shares of Aptiv by 2.9% in the 1st quarter. Tokio Marine Asset Management Co. Ltd. now owns 8,443 shares of the auto parts company's stock valued at $502,000 after purchasing an additional 235 shares in the last quarter. Finally, OLD Second National Bank of Aurora increased its holdings in shares of 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 purchasing an additional 239 shares in the last quarter. Institutional investors and hedge funds own 94.21% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on APTV shares. Barclays upgraded shares of Aptiv from an "equal weight" rating to an "overweight" rating and increased their price target for the company from $85.00 to $105.00 in a report on Friday. JPMorgan Chase & Co. boosted their price objective on shares of Aptiv from $85.00 to $90.00 and gave the stock an "overweight" rating in a research report on Friday, August 1st. Robert W. Baird boosted their price objective on shares of Aptiv from $84.00 to $97.00 and gave the stock an "outperform" rating in a research report on Wednesday, September 3rd. Wells Fargo & Company boosted their price objective on shares of Aptiv from $89.00 to $103.00 and gave the stock an "overweight" rating in a research report on Tuesday. Finally, Piper Sandler set a $70.00 price objective on shares of Aptiv and gave the stock a "neutral" rating in a research report on Thursday, May 22nd. Three investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $85.53.

Aptiv Price Performance

Aptiv stock traded down $0.83 during midday trading on Friday, reaching $82.89. 1,662,200 shares of the company were exchanged, compared to its average volume of 2,955,089. The company has a market capitalization of $18.05 billion, a price-to-earnings ratio of 18.97, a P/E/G ratio of 0.91 and a beta of 1.48. The firm's 50-day simple moving average is $73.24 and its 200-day simple moving average is $66.21. Aptiv PLC has a 1 year low of $47.19 and a 1 year high of $84.72. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.24 and a current ratio of 1.76.

Aptiv (NYSE:APTV - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The auto parts company reported $2.12 EPS for the quarter, topping analysts' consensus estimates of $1.83 by $0.29. The firm had revenue of $5.21 billion during the quarter, compared to analysts' expectations of $5.02 billion. Aptiv had a return on equity of 18.46% and a net margin of 5.12%.The firm's quarterly revenue was up 3.1% compared to the same quarter last year. During the same quarter last year, the business posted $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. On average, analysts anticipate that Aptiv PLC will post 7.2 EPS for the current year.

Aptiv 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.