Aptiv PLC $APTV Shares Purchased by Vident Advisory LLC

Key Points

• Vident Advisory LLC increased its investment in Aptiv PLC by 134.5%, bringing its total shares to 32,206, valued at approximately $1.9 million.
• Analysts have mixed sentiment on Aptiv, with target prices ranging from $55.00 to $85.00 and ratings spanning from "Strong Buy" to "Sell".
• Aptiv reported $2.12 EPS for its last quarter, surpassing analysts' expectations, with year-over-year revenue growth of 3.1%.

Vident Advisory LLC grew its position in Aptiv PLC (NYSE:APTV - Free Report) by 134.5% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,206 shares of the auto parts company's stock after buying an additional 18,475 shares during the quarter. Vident Advisory LLC's holdings in Aptiv were worth $1,916,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Zions Bancorporation National Association UT purchased a new position in Aptiv in the first quarter valued at $26,000. Mather Group LLC. boosted its holdings in 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 purchasing an additional 385 shares during the period. Eastern Bank purchased a new position in Aptiv in the first quarter valued at $39,000. Versant Capital Management Inc boosted its holdings in 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 purchasing an additional 470 shares during the period. Finally, UMB Bank n.a. purchased a new position in Aptiv in the first quarter valued at $48,000. 94.21% of the stock is currently owned by hedge funds and other institutional investors.

Aptiv Stock Performance

Shares of Aptiv stock traded up $0.02 on Friday, hitting $80.47. The stock had a trading volume of 2,586,488 shares, compared to its average volume of 2,341,587. Aptiv PLC has a 52-week low of $47.19 and a 52-week high of $82.05. The company has a current ratio of 1.76, a quick ratio of 1.24 and a debt-to-equity ratio of 0.79. The stock has a market cap of $17.52 billion, a price-to-earnings ratio of 18.41, a P/E/G ratio of 0.90 and a beta of 1.48. The company's 50 day moving average price is $72.33 and its 200 day moving average price is $65.78.

Aptiv (NYSE:APTV - Get Free Report) last posted its 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. Aptiv had a return on equity of 18.46% and a net margin of 5.12%.The business had revenue of $5.21 billion during the quarter, compared to the consensus estimate of $5.02 billion. During the same period in the previous year, the business earned $1.58 EPS. The business'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. On average, research analysts anticipate that Aptiv PLC will post 7.2 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on APTV shares. Royal Bank Of Canada lifted their target price on Aptiv from $85.00 to $92.00 and gave the company an "outperform" rating in a report on Tuesday, August 5th. Oppenheimer reaffirmed an "outperform" rating and set a $88.00 price target (up from $84.00) on shares of Aptiv in a report on Monday, August 4th. Barclays lifted their price target on Aptiv from $65.00 to $85.00 and gave the stock an "equal weight" rating in a report on Wednesday, July 16th. Guggenheim downgraded Aptiv from a "buy" rating to a "neutral" rating in a report on Wednesday, June 4th. Finally, Bank of America lifted their price target on Aptiv from $80.00 to $85.00 and gave the stock a "buy" rating in a report on Monday, June 16th. Three investment 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 given a Sell rating to the company. According to data from MarketBeat, Aptiv currently has an average rating of "Moderate Buy" and a consensus price target of $82.33.

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.