Aptiv PLC (NYSE:APTV) Shares Sold by Patton Albertson Miller Group LLC

Patton Albertson Miller Group LLC decreased its stake in shares of Aptiv PLC (NYSE:APTV - Free Report) by 49.0% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 18,341 shares of the auto parts company's stock after selling 17,649 shares during the period. Patton Albertson Miller Group LLC's holdings in Aptiv were worth $1,091,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Mather Group LLC. increased its holdings 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 valued at $38,000 after buying an additional 385 shares in the last quarter. Versant Capital Management Inc lifted 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 valued at $42,000 after buying an additional 470 shares during the period. UMB Bank n.a. acquired a new position in Aptiv in the first quarter worth about $48,000. Blue Trust Inc. increased its holdings in shares of Aptiv by 48.4% during the first quarter. Blue Trust Inc. now owns 1,245 shares of the auto parts company's stock worth $74,000 after buying an additional 406 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB grew its stake in shares of Aptiv by 164.7% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 1,363 shares of the auto parts company's stock valued at $81,000 after purchasing an additional 848 shares during the last quarter. Institutional investors and hedge funds own 94.21% of the company's stock.

Analysts Set New Price Targets

Several research firms recently issued reports on APTV. Barclays set a $85.00 price target on shares of Aptiv and gave the stock an "equal weight" rating in a research report on Wednesday, July 16th. Royal Bank Of Canada boosted their price target on shares of Aptiv from $60.00 to $77.00 and gave the stock an "outperform" rating in a research note on Friday, May 2nd. UBS Group upped their price objective on shares of Aptiv from $66.00 to $75.00 and gave the stock a "neutral" rating in a report on Monday, July 14th. Robert W. Baird set a $82.00 price target on shares of Aptiv and gave the stock an "outperform" rating in a research note on Friday, July 11th. Finally, Piper Sandler set a $70.00 price target on shares of Aptiv and gave the company a "neutral" rating in a report on Thursday, May 22nd. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating, ten have issued a buy rating and three have issued a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $81.63.

Aptiv Stock Performance

Shares of APTV stock traded up $0.42 on Monday, reaching $68.62. The stock had a trading volume of 248,956 shares, compared to its average volume of 3,349,312. The firm has a market capitalization of $14.94 billion, a price-to-earnings ratio of 11.37, a P/E/G ratio of 0.76 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 firm's 50-day moving average is $68.51 and its two-hundred day moving average is $63.30.

Aptiv (NYSE:APTV - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The auto parts company reported $1.69 EPS for the quarter, beating the consensus estimate of $1.55 by $0.14. Aptiv had a net margin of 7.93% and a return on equity of 17.24%. The firm had revenue of $4.83 billion during the quarter, compared to analyst estimates of $4.78 billion. During the same quarter last year, the business posted $1.16 EPS. The company's revenue for the quarter was down 1.6% on a year-over-year basis. On average, research analysts expect 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.