TD Private Client Wealth LLC Boosts Holdings in Aptiv PLC $APTV

Key Points

• TD Private Client Wealth LLC increased its stake in Aptiv PLC by 139.6%, owning a total of 7,242 shares worth approximately $494,000.
• In Q2, Aptiv reported an earnings per share (EPS) of $2.12, surpassing analysts' estimates of $1.83, and had revenue of $5.21 billion.
• Aptiv has received upgraded price targets from various analysts, with Robert W. Baird raising its target from $84 to $97, indicating a consensus price target of $85.73.

TD Private Client Wealth LLC lifted its stake in shares of Aptiv PLC (NYSE:APTV - Free Report) by 139.6% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,242 shares of the auto parts company's stock after purchasing an additional 4,220 shares during the period. TD Private Client Wealth LLC's holdings in Aptiv were worth $494,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Middleton & Co. Inc. MA increased its stake in Aptiv by 63.1% during the 1st quarter. Middleton & Co. Inc. MA now owns 33,668 shares of the auto parts company's stock worth $2,003,000 after buying an additional 13,026 shares in the last quarter. Principal Financial Group Inc. raised 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 valued at $16,826,000 after purchasing an additional 9,552 shares during the last quarter. Crossmark Global Holdings Inc. lifted its holdings 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 valued at $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% during 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 during the last quarter. Finally, Envestnet Asset Management Inc. grew its holdings in shares of Aptiv by 5.5% during the first quarter. Envestnet Asset Management Inc. now owns 303,652 shares of the auto parts company's stock worth $18,067,000 after buying an additional 15,849 shares in the last quarter. 94.21% of the stock is owned by hedge funds and other institutional investors.

Aptiv Price Performance

NYSE:APTV opened at $86.29 on Friday. Aptiv PLC has a 52 week low of $47.19 and a 52 week high of $86.50. The stock's fifty day moving average is $76.34 and its two-hundred day moving average is $67.72. The company has a market capitalization of $18.79 billion, a P/E ratio of 19.75, a P/E/G ratio of 0.96 and a beta of 1.48. The company has a quick ratio of 1.24, a current ratio of 1.76 and a debt-to-equity ratio of 0.79.

Aptiv (NYSE:APTV - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The auto parts company reported $2.12 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.83 by $0.29. Aptiv had a return on equity of 18.46% and a net margin of 5.12%.The firm had revenue of $5.21 billion during the quarter, compared to the consensus estimate of $5.02 billion. During the same period last year, the company earned $1.58 EPS. The company's quarterly revenue was up 3.1% on a year-over-year basis. Aptiv has set its FY 2025 guidance at 7.300-7.600 EPS. Q3 2025 guidance at 1.600-1.800 EPS. Equities analysts expect that Aptiv PLC will post 7.2 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on APTV. Robert W. Baird raised their price target on shares of Aptiv from $84.00 to $97.00 and gave the stock an "outperform" rating in a research note on Wednesday, September 3rd. Bank of America increased their price objective on shares of Aptiv from $85.00 to $95.00 and gave the company a "buy" rating in a report on Wednesday, September 10th. UBS Group boosted their target price on Aptiv from $66.00 to $75.00 and gave the stock a "neutral" rating in a report on Monday, July 14th. Morgan Stanley increased their price target on Aptiv from $55.00 to $60.00 and gave the company an "underweight" rating in a report on Tuesday, August 12th. Finally, Guggenheim downgraded Aptiv from a "buy" rating to a "neutral" rating in a research report on Wednesday, June 4th. Three 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 assigned a Sell rating to the stock. According to data from MarketBeat, Aptiv currently has an average rating of "Moderate Buy" and a consensus price target of $85.73.

Insiders Place Their Bets

In other Aptiv news, CAO Allan J. Brazier sold 1,000 shares of the business's stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $85.00, for a total value of $85,000.00. Following the sale, the chief accounting officer owned 49,820 shares of the company's stock, valued at $4,234,700. The trade was a 1.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.45% of the company's stock.

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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