Versor Investments LP Invests $803,000 in Aptiv PLC $APTV

Key Points

• Versor Investments LP has acquired a new stake in Aptiv PLC, purchasing 13,500 shares valued at approximately $803,000 in the first quarter.
• Institutional investors own 94.21% of Aptiv's stock, with notable increases in stakes from firms like Guggenheim Capital and Dimensional Fund Advisors in the previous quarter.
• Aptiv reported better-than-expected earnings, with $2.12 EPS surpassing analysts' estimates of $1.83, and a revenue of $5.21 billion for the quarter.

Versor Investments LP acquired a new stake in shares of Aptiv PLC (NYSE:APTV - Free Report) during the 1st quarter, according to its most recent disclosure with the SEC. The fund acquired 13,500 shares of the auto parts company's stock, valued at approximately $803,000.

Several other large investors have also bought and sold shares of the company. Freestone Capital Holdings LLC boosted its position in Aptiv by 40.0% during the 1st quarter. Freestone Capital Holdings LLC now owns 39,502 shares of the auto parts company's stock valued at $2,350,000 after acquiring an additional 11,296 shares in the last quarter. Raymond James Financial Inc. boosted its position in Aptiv by 829.4% during the 1st quarter. Raymond James Financial Inc. now owns 362,034 shares of the auto parts company's stock valued at $21,541,000 after acquiring an additional 323,081 shares in the last quarter. Cresset Asset Management LLC bought a new stake in shares of Aptiv in the 1st quarter worth approximately $201,000. Tocqueville Asset Management L.P. boosted its position in shares of Aptiv by 31.9% in the 1st quarter. Tocqueville Asset Management L.P. now owns 86,560 shares of the auto parts company's stock worth $5,150,000 after purchasing an additional 20,914 shares in the last quarter. Finally, Ethic Inc. boosted its position in shares of Aptiv by 14.6% in the 1st quarter. Ethic Inc. now owns 28,673 shares of the auto parts company's stock worth $1,696,000 after purchasing an additional 3,645 shares in the last quarter. 94.21% of the stock is owned by institutional investors.

Aptiv Stock Performance

Shares of NYSE APTV traded down $0.8320 during midday trading on Thursday, hitting $74.3180. 1,679,277 shares of the stock traded hands, compared to its average volume of 2,918,201. The firm has a 50-day moving average of $69.71 and a two-hundred day moving average of $64.65. The firm has a market capitalization of $16.18 billion, a P/E ratio of 17.01, a PEG ratio of 0.84 and a beta of 1.48. 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 PLC has a one year low of $47.19 and a one year high of $77.09.

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, beating the consensus estimate of $1.83 by $0.29. The firm had revenue of $5.21 billion for 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 company's revenue was up 3.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $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, equities analysts forecast that Aptiv PLC will post 7.2 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Wells Fargo & Company boosted their price target on Aptiv from $86.00 to $89.00 and gave the stock an "overweight" rating in a research report on Friday, August 1st. UBS Group boosted their price target on Aptiv from $66.00 to $75.00 and gave the stock a "neutral" rating in a research report on Monday, July 14th. Morgan Stanley boosted their price target on Aptiv from $55.00 to $60.00 and gave the stock an "underweight" rating in a research report on Tuesday, August 12th. Guggenheim cut Aptiv from a "buy" rating to a "neutral" rating in a research report on Wednesday, June 4th. Finally, Wolfe Research cut Aptiv from an "outperform" rating to a "peer perform" rating in a research report on Wednesday, July 2nd. Three investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Aptiv has a consensus rating of "Moderate Buy" and a consensus price target of $81.81.

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.