Zacks Research Downgrades Aptiv (NYSE:APTV) to Strong Sell

Key Points

• Zacks Research downgraded Aptiv from “hold” to “strong sell,” while other analysts also lowered ratings or price targets. Despite this, the broader analyst consensus remains “Moderate Buy,” with a $76.72 price target.
• Aptiv shares opened at $49.59, near their 12-month low of $46.16 and well below the 12-month high of $88.93. The stock has also traded below its 50-day and 200-day moving averages.
• The company exceeded quarterly earnings expectations, reporting $1.63 in EPS versus $1.42 expected, although revenue of $3.27 billion fell slightly short of estimates. Institutional investors own 94.21% of Aptiv, while an executive recently sold 2,000 shares.

Aptiv (NYSE:APTV - Get Free Report) was downgraded by investment analysts at Zacks Research from a "hold" rating to a "strong sell" rating in a report released on Monday,Zacks.com reports.

Several other brokerages have also recently commented on APTV. Wall Street Zen cut Aptiv from a "buy" rating to a "hold" rating in a research report on Saturday, June 6th. Morgan Stanley cut shares of Aptiv from an "overweight" rating to an "equal weight" rating and lowered their target price for the stock from $71.00 to $55.00 in a research note on Wednesday, August 5th. Barclays reduced their target price on shares of Aptiv from $73.00 to $65.00 and set an "overweight" rating for the company in a research report on Monday. Piper Sandler lowered their price target on shares of Aptiv from $106.00 to $94.00 and set an "overweight" rating on the stock in a research report on Monday, June 8th. Finally, JPMorgan Chase & Co. cut their price objective on shares of Aptiv from $84.00 to $75.00 and set an "overweight" rating for the company in a report on Friday, July 10th. Nineteen investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $76.72.

Aptiv Stock Down 0.4%

APTV opened at $49.59 on Monday. The company has a market cap of $10.30 billion, a PE ratio of 46.78, a price-to-earnings-growth ratio of 0.97 and a beta of 1.46. Aptiv has a twelve month low of $46.16 and a twelve month high of $88.93. The company has a 50-day moving average price of $60.02 and a 200 day moving average price of $65.20. The company has a quick ratio of 1.33, a current ratio of 2.02 and a debt-to-equity ratio of 0.61.

Aptiv (NYSE:APTV - Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The auto parts company reported $1.63 EPS for the quarter, topping the consensus estimate of $1.42 by $0.21. Aptiv had a return on equity of 17.10% and a net margin of 1.17%.The company had revenue of $3.27 billion during the quarter, compared to analyst estimates of $3.31 billion. During the same period in the previous year, the business earned $2.12 EPS. Aptiv's quarterly revenue was up 2.3% on a year-over-year basis. Aptiv has set its FY 2026 guidance at 5.600-5.800 EPS and its Q3 2026 guidance at 1.250-1.350 EPS. Sell-side analysts expect that Aptiv will post 5.69 earnings per share for the current fiscal year.

Insider Buying and Selling at Aptiv

In related news, EVP Katherine H. Ramundo sold 2,000 shares of the company's stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $78.30, for a total value of $156,600.00. Following the completion of the sale, the executive vice president owned 163,752 shares of the company's stock, valued at approximately $12,821,781.60. This represents a 1.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders own 0.06% of the company's stock.

Hedge Funds Weigh In On Aptiv

Several institutional investors and hedge funds have recently bought and sold shares of APTV. NewEdge Advisors LLC grew its position in Aptiv by 502.1% in the first quarter. NewEdge Advisors LLC now owns 15,557 shares of the auto parts company's stock worth $926,000 after acquiring an additional 12,973 shares during the period. Woodline Partners LP raised its position in Aptiv by 439.2% in the first quarter. Woodline Partners LP now owns 76,109 shares of the auto parts company's stock valued at $4,528,000 after purchasing an additional 61,994 shares during the period. Focus Partners Wealth lifted its stake in shares of Aptiv by 110.7% in the 1st quarter. Focus Partners Wealth now owns 9,511 shares of the auto parts company's stock valued at $566,000 after purchasing an additional 4,998 shares during the last quarter. Geneos Wealth Management Inc. grew its holdings in shares of Aptiv by 452.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 486 shares of the auto parts company's stock worth $29,000 after purchasing an additional 398 shares during the period. Finally, EverSource Wealth Advisors LLC increased its position in shares of Aptiv by 523.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,561 shares of the auto parts company's stock worth $175,000 after purchasing an additional 2,150 shares during the last quarter. 94.21% of the stock is currently owned by institutional investors and hedge funds.

About Aptiv

Aptiv plc is a global automotive technology company that develops safer, greener and more connected solutions for the mobility industry. The company designs and supplies advanced electrical architectures, electronic systems and software that enable vehicle connectivity, active safety, advanced driver-assistance systems (ADAS) and autonomous driving capabilities. Aptiv's customers include major automakers and mobility service providers seeking to integrate higher levels of automation, electrification and software-defined features into production vehicles and mobility platforms.

Product and service offerings span vehicle electrical systems and wiring, connectors and harnesses, high-voltage electrification components, power electronics and charging solutions, sensors and compute platforms that support ADAS and autonomous functions, and the software and services required to integrate and manage these systems.

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