Aptiv (NYSE:APTV) Raised to Strong-Buy at Wall Street Zen

Aptiv (NYSE:APTV) was upgraded by stock analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a research report issued to clients and investors on Tuesday.

Several other equities research analysts have also recently issued reports on the stock. Oppenheimer raised their target price on shares of Aptiv from $88.00 to $92.00 and gave the stock an “outperform” rating in a report on Thursday, September 11th. Royal Bank Of Canada increased their price target on Aptiv from $85.00 to $92.00 and gave the company an “outperform” rating in a report on Tuesday, August 5th. Barclays upgraded Aptiv from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $85.00 to $105.00 in a research note on Friday, September 12th. JPMorgan Chase & Co. upped their price objective on Aptiv from $85.00 to $90.00 and gave the company an “overweight” rating in a research report on Friday, August 1st. Finally, Bank of America raised their target price on Aptiv from $85.00 to $95.00 and gave the stock a “buy” rating in a research report on Wednesday, September 10th. Three equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $85.53.

Aptiv Price Performance

NYSE APTV opened at $85.17 on Tuesday. Aptiv has a one year low of $47.19 and a one year high of $86.50. The stock has a 50-day moving average of $75.68 and a 200 day moving average of $67.40. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.24 and a current ratio of 1.76. The company has a market capitalization of $18.55 billion, a price-to-earnings ratio of 19.49, a PEG ratio of 0.95 and a beta of 1.48.

Aptiv (NYSE:APTV) last posted its earnings results on Thursday, July 31st. The auto parts company reported $2.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.83 by $0.29. The business had revenue of $5.21 billion for the quarter, compared to analysts’ expectations of $5.02 billion. Aptiv had a net margin of 5.12% and a return on equity of 18.46%. The business’s revenue for the quarter was up 3.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.58 EPS. Aptiv has set its FY 2025 guidance at 7.300-7.600 EPS. Q3 2025 guidance at 1.600-1.800 EPS. On average, sell-side analysts forecast that Aptiv will post 7.2 EPS for the current year.

Insider Activity

In related news, CAO Allan J. Brazier sold 1,000 shares of Aptiv stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $85.00, for a total transaction of $85,000.00. Following the sale, the chief accounting officer owned 49,820 shares of the company’s stock, valued at approximately $4,234,700. This trade represents a 1.97% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.45% of the company’s stock.

Institutional Investors Weigh In On Aptiv

A number of institutional investors have recently added to or reduced their stakes in APTV. Woodline Partners LP bought a new position in shares of Aptiv during the fourth quarter worth $854,000. GTS Securities LLC boosted its holdings in shares of Aptiv by 224.8% during the 4th quarter. GTS Securities LLC now owns 7,769 shares of the auto parts company’s stock valued at $470,000 after purchasing an additional 13,993 shares during the last quarter. Mackenzie Financial Corp grew its position in shares of Aptiv by 0.7% during the fourth quarter. Mackenzie Financial Corp now owns 98,241 shares of the auto parts company’s stock valued at $5,942,000 after purchasing an additional 666 shares in the last quarter. Polar Asset Management Partners Inc. bought a new stake in shares of Aptiv in the fourth quarter worth about $2,891,000. Finally, Lansforsakringar Fondforvaltning AB publ purchased a new stake in shares of Aptiv in the fourth quarter worth about $5,428,000. 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.