Aptiv (NYSE:APTV) Price Target Raised to $97.00

Key Points

• Robert W. Baird has increased its price target for Aptiv (NYSE:APTV) from $84.00 to $97.00, indicating a potential upside of 23.64% from the current price, while maintaining an "outperform" rating.
• The company reported earnings per share of $2.12 in its last quarter, significantly exceeding analysts' expectations of $1.83, with revenue rising 3.1% year-over-year to $5.21 billion.
• Aptiv's stock has received mixed ratings, with three analysts giving a "Strong Buy," ten a "Buy," seven a "Hold," and one a "Sell," contributing to an overall average rating of "Moderate Buy."

Aptiv (NYSE:APTV - Get Free Report) had its price objective hoisted by equities researchers at Robert W. Baird from $84.00 to $97.00 in a report issued on Wednesday, MarketBeat.com reports. The firm currently has an "outperform" rating on the auto parts company's stock. Robert W. Baird's target price would indicate a potential upside of 20.54% from the company's current price.

Several other brokerages have also commented on APTV. Morgan Stanley lifted their price target on shares of Aptiv from $55.00 to $60.00 and gave the stock an "underweight" rating in a research note on Tuesday, August 12th. Bank of America lifted their price target on shares of Aptiv from $80.00 to $85.00 and gave the stock a "buy" rating in a research note on Monday, June 16th. Wells Fargo & Company lifted their price target on shares of Aptiv from $86.00 to $89.00 and gave the stock an "overweight" rating in a research note on Friday, August 1st. Barclays lifted their price target on shares of Aptiv from $65.00 to $85.00 and gave the stock an "equal weight" rating in a research note on Wednesday, July 16th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Aptiv from $85.00 to $90.00 and gave the stock an "overweight" rating in a research note on Friday, August 1st. Three research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $82.33.

Aptiv Stock Up 0.0%

Shares of APTV traded up $0.02 during mid-day trading on Wednesday, reaching $80.47. The company's stock had a trading volume of 2,586,488 shares, compared to its average volume of 2,341,587. Aptiv has a 12-month low of $47.19 and a 12-month high of $82.05. The stock has a market cap of $17.52 billion, a PE ratio of 18.41, a price-to-earnings-growth ratio of 0.90 and a beta of 1.48. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.76 and a quick ratio of 1.24. The company's 50 day moving average is $72.33 and its 200 day moving average is $65.78.

Aptiv (NYSE:APTV - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The auto parts company reported $2.12 EPS for the quarter, beating 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 business had revenue of $5.21 billion for the quarter, compared to the consensus estimate of $5.02 billion. During the same quarter in the prior year, the business posted $1.58 EPS. The business's revenue for the quarter 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. Equities analysts anticipate that Aptiv will post 7.2 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Middleton & Co. Inc. MA grew its position in Aptiv by 63.1% during the 1st quarter. Middleton & Co. Inc. MA now owns 33,668 shares of the auto parts company's stock worth $2,003,000 after purchasing an additional 13,026 shares during the last quarter. Principal Financial Group Inc. grew its position in Aptiv by 3.5% during the 1st quarter. Principal Financial Group Inc. now owns 282,787 shares of the auto parts company's stock worth $16,826,000 after purchasing an additional 9,552 shares during the last quarter. Crossmark Global Holdings Inc. grew its position in Aptiv by 89.5% during the 1st quarter. Crossmark Global Holdings Inc. now owns 22,411 shares of the auto parts company's stock worth $1,333,000 after purchasing an additional 10,585 shares during the last quarter. GAMMA Investing LLC grew its position in Aptiv by 348.2% during the 1st quarter. GAMMA Investing LLC now owns 2,752 shares of the auto parts company's stock worth $164,000 after purchasing an additional 2,138 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its holdings in shares of Aptiv by 5.5% in the first quarter. Envestnet Asset Management Inc. now owns 303,652 shares of the auto parts company's stock valued at $18,067,000 after acquiring an additional 15,849 shares in the last quarter. 94.21% of the stock is owned by hedge funds and other institutional investors.

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.