Aptiv (NYSE:APTV) PT Raised to $113.00

Aptiv (NYSE:APTV - Free Report) had its price objective raised by JPMorgan Chase & Co. from $109.00 to $113.00 in a research note issued to investors on Tuesday, Benzinga reports. The firm currently has an overweight rating on the auto parts company's stock.

Several other analysts have also weighed in on the stock. Oppenheimer lowered their price objective on shares of Aptiv from $148.00 to $145.00 and set an outperform rating for the company in a research note on Friday. Guggenheim reduced their target price on Aptiv from $103.00 to $92.00 and set a buy rating for the company in a research note on Wednesday, April 17th. UBS Group upped their price target on Aptiv from $107.00 to $110.00 in a research note on Monday, April 8th. Royal Bank of Canada reduced their price objective on Aptiv from $115.00 to $104.00 and set an outperform rating for the company in a research note on Thursday, February 1st. Finally, Citigroup lowered their target price on Aptiv from $150.00 to $136.00 and set a buy rating on the stock in a research report on Thursday, February 1st. One research analyst has rated the stock with a sell rating, four have given a hold rating and nine have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of Moderate Buy and an average target price of $108.15.

Aptiv Trading Down 1.7 %

Shares of NYSE APTV traded down $1.40 during midday trading on Tuesday, reaching $83.01. The stock had a trading volume of 2,505,284 shares, compared to its average volume of 2,755,512. Aptiv has a twelve month low of $68.84 and a twelve month high of $113.60. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.89 and a current ratio of 1.29. The company's 50 day moving average price is $76.35 and its 200 day moving average price is $80.42. The firm has a market cap of $22.58 billion, a price-to-earnings ratio of 7.82, a price-to-earnings-growth ratio of 0.97 and a beta of 1.90.

Aptiv (NYSE:APTV - Get Free Report) last issued its quarterly earnings results on Thursday, May 2nd. The auto parts company reported $1.16 EPS for the quarter, beating analysts' consensus estimates of $1.05 by $0.11. The business had revenue of $4.90 billion for the quarter, compared to analysts' expectations of $4.99 billion. Aptiv had a net margin of 14.87% and a return on equity of 13.21%. The business's quarterly revenue was up 1.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.91 earnings per share. As a group, sell-side analysts expect that Aptiv will post 5.99 EPS for the current year.

Insider Activity at Aptiv

In related news, SVP Benjamin Lyon sold 18,680 shares of the stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of $77.69, for a total transaction of $1,451,249.20. Following the completion of the sale, the senior vice president now directly owns 95,211 shares of the company's stock, valued at $7,396,942.59. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.34% of the stock is owned by insiders.

Hedge Funds Weigh In On Aptiv

Institutional investors have recently added to or reduced their stakes in the stock. Riverview Trust Co purchased a new stake in Aptiv during the first quarter valued at about $25,000. Hazlett Burt & Watson Inc. bought a new position in Aptiv in the 1st quarter worth approximately $28,000. Turtle Creek Wealth Advisors LLC purchased a new position in Aptiv in the 4th quarter valued at approximately $29,000. GAMMA Investing LLC bought a new stake in Aptiv during the 4th quarter valued at $32,000. Finally, Mather Group LLC. purchased a new stake in shares of Aptiv during the first quarter worth $33,000. Institutional investors own 94.21% of the company's stock.

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.