UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Purchases 570,930 Shares of Aptiv PLC $APTV

Key Points

• UBS Asset Management increased its stake in Aptiv PLC by 10.6%, now holding approximately 5.93 million shares valued at $353 million.
• Aptiv reported $2.12 earnings per share for the last quarter, surpassing analysts' expectations of $1.83, with a year-over-year revenue increase of 3.1%.
• The current consensus rating for Aptiv stock is "Moderate Buy", with an average price target of $83.93 set by various analysts.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Aptiv PLC (NYSE:APTV - Free Report) by 10.6% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 5,934,199 shares of the auto parts company's stock after purchasing an additional 570,930 shares during the quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned about 2.73% of Aptiv worth $353,085,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of APTV. Zions Bancorporation National Association UT bought a new stake in shares of Aptiv in the 1st quarter valued at about $26,000. 1248 Management LLC bought a new stake in shares of Aptiv in the 1st quarter valued at about $28,000. Mather Group LLC. increased its stake in shares of Aptiv by 155.2% in the 1st quarter. Mather Group LLC. now owns 633 shares of the auto parts company's stock valued at $38,000 after acquiring an additional 385 shares during the last quarter. Eastern Bank bought a new stake in shares of Aptiv in the 1st quarter valued at about $39,000. Finally, Versant Capital Management Inc increased its stake in shares of Aptiv by 201.7% in the 1st quarter. Versant Capital Management Inc now owns 703 shares of the auto parts company's stock valued at $42,000 after acquiring an additional 470 shares during the last quarter. 94.21% of the stock is owned by institutional investors.

Aptiv Price Performance

NYSE APTV opened at $81.70 on Thursday. The business has a 50 day simple moving average of $73.01 and a 200 day simple moving average of $66.09. Aptiv PLC has a 52-week low of $47.19 and a 52-week high of $82.74. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.24 and a current ratio of 1.76. The stock has a market cap of $17.79 billion, a price-to-earnings ratio of 18.69, a PEG ratio of 0.92 and a beta of 1.48.

Aptiv (NYSE:APTV - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The auto parts company reported $2.12 earnings per share 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 quarter in the prior year, the firm posted $1.58 EPS. The business's 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. Analysts anticipate that Aptiv PLC will post 7.2 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently commented on APTV shares. Wall Street Zen cut Aptiv from a "buy" rating to a "hold" rating in a research note on Sunday. Piper Sandler set a $70.00 price target on Aptiv and gave the company a "neutral" rating in a research note on Thursday, May 22nd. Royal Bank Of Canada upped their price target on Aptiv from $85.00 to $92.00 and gave the company an "outperform" rating in a research note on Tuesday, August 5th. Robert W. Baird increased their target price on Aptiv from $84.00 to $97.00 and gave the stock an "outperform" rating in a research note on Wednesday, September 3rd. Finally, Bank of America increased their target price on Aptiv from $85.00 to $95.00 and gave the stock a "buy" rating in a research note on Wednesday. Three analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Aptiv currently has a consensus rating of "Moderate Buy" and an average target price of $83.93.

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.

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