11,406 Shares in Aptiv PLC (NYSE:APTV) Acquired by Principal Securities Inc.

Principal Securities Inc. acquired a new stake in shares of Aptiv PLC (NYSE:APTV - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 11,406 shares of the auto parts company's stock, valued at approximately $1,023,000.

Several other institutional investors and hedge funds have also modified their holdings of APTV. Turtle Creek Wealth Advisors LLC purchased a new position in Aptiv in the fourth quarter valued at $29,000. GAMMA Investing LLC purchased a new position in Aptiv during the fourth quarter worth approximately $32,000. Harvest Fund Management Co. Ltd acquired a new stake in Aptiv in the fourth quarter valued at approximately $47,000. First Horizon Advisors Inc. raised its stake in shares of Aptiv by 98.0% during the 4th quarter. First Horizon Advisors Inc. now owns 592 shares of the auto parts company's stock worth $53,000 after buying an additional 293 shares during the period. Finally, Huntington National Bank lifted its position in shares of Aptiv by 248.9% during the 3rd quarter. Huntington National Bank now owns 642 shares of the auto parts company's stock valued at $63,000 after buying an additional 458 shares in the last quarter. Institutional investors and hedge funds own 94.21% of the company's stock.

Insiders Place Their Bets

In other news, SVP Benjamin Lyon sold 18,680 shares of the stock in a transaction 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 transaction, the senior vice president now directly owns 95,211 shares in the company, valued at approximately $7,396,942.59. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.34% of the stock is owned by insiders.

Aptiv Trading Down 1.1 %

Shares of APTV stock traded down $0.91 on Friday, hitting $82.78. 2,046,533 shares of the stock traded hands, compared to its average volume of 2,737,778. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.89 and a current ratio of 1.29. Aptiv PLC has a twelve month low of $68.84 and a twelve month high of $113.60. The firm's 50-day moving average price is $76.59 and its two-hundred day moving average price is $80.34. The stock has a market capitalization of $22.52 billion, a PE ratio of 7.80, a PEG ratio of 0.84 and a beta of 1.90.

Aptiv (NYSE:APTV - Get Free Report) last posted its quarterly earnings results on Thursday, May 2nd. The auto parts company reported $1.16 earnings per share for the quarter, beating the consensus estimate of $1.05 by $0.11. The business had revenue of $4.90 billion during 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 revenue for the quarter was up 1.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.91 EPS. As a group, analysts anticipate that Aptiv PLC will post 6 EPS for the current year.

Analyst Upgrades and Downgrades

APTV has been the subject of a number of research analyst reports. Piper Sandler reduced their price objective on shares of Aptiv from $80.00 to $79.00 and set a "neutral" rating for the company in a research report on Thursday, February 1st. Royal Bank of Canada decreased their price target on shares of Aptiv from $115.00 to $104.00 and set an "outperform" rating on the stock in a research note on Thursday, February 1st. Guggenheim boosted their price objective on Aptiv from $92.00 to $94.00 and gave the stock a "buy" rating in a research note on Wednesday. Barclays decreased their target price on Aptiv from $112.00 to $110.00 and set an "overweight" rating on the stock in a research report on Thursday, April 11th. Finally, UBS Group increased their price objective on Aptiv from $107.00 to $110.00 in a research note on Monday, April 8th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and nine have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $108.31.

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.