PGGM Investments Buys 189,029 Shares of Aptiv PLC $APTV

PGGM Investments raised its stake in Aptiv PLC (NYSE:APTV) by 108.3% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 363,521 shares of the auto parts company’s stock after purchasing an additional 189,029 shares during the quarter. PGGM Investments’ holdings in Aptiv were worth $24,799,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Middleton & Co. Inc. MA boosted its stake in shares of 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 acquiring an additional 13,026 shares during the period. Principal Financial Group Inc. lifted its holdings 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. raised its holdings in Aptiv by 89.5% in the 1st quarter. Crossmark Global Holdings Inc. now owns 22,411 shares of the auto parts company’s stock valued at $1,333,000 after acquiring an additional 10,585 shares in the last quarter. GAMMA Investing LLC raised its holdings in Aptiv by 348.2% in the 1st quarter. GAMMA Investing LLC now owns 2,752 shares of the auto parts company’s stock valued at $164,000 after acquiring an additional 2,138 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings in Aptiv by 5.5% in the 1st 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 currently owned by institutional investors.

Insider Activity at Aptiv

In other Aptiv news, CAO Allan J. Brazier sold 1,000 shares of the company’s stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $85.00, for a total value of $85,000.00. Following the sale, the chief accounting officer owned 49,820 shares in the company, valued at approximately $4,234,700. The trade was a 1.97% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.45% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on APTV. Wall Street Zen raised Aptiv from a “buy” rating to a “strong-buy” rating in a report on Tuesday, September 23rd. Oppenheimer boosted their price target on Aptiv from $88.00 to $92.00 and gave the stock an “outperform” rating in a report on Thursday, September 11th. Wells Fargo & Company boosted their price target on Aptiv from $103.00 to $106.00 and gave the stock an “overweight” rating in a report on Thursday, September 25th. Royal Bank Of Canada boosted their price target on Aptiv from $85.00 to $92.00 and gave the stock an “outperform” rating in a report on Tuesday, August 5th. Finally, Barclays raised Aptiv from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $85.00 to $105.00 in a report on Friday, September 12th. Three investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $85.73.

Aptiv Trading Up 0.6%

Shares of APTV stock opened at $86.27 on Wednesday. The firm has a market capitalization of $18.79 billion, a P/E ratio of 19.74, a P/E/G ratio of 0.95 and a beta of 1.48. Aptiv PLC has a twelve month low of $47.19 and a twelve month high of $87.00. The company has a quick ratio of 1.24, a current ratio of 1.76 and a debt-to-equity ratio of 0.79. The stock’s fifty day simple moving average is $77.00 and its 200 day simple moving average is $68.05.

Aptiv (NYSE:APTV) last issued its quarterly earnings data on Thursday, July 31st. The auto parts company reported $2.12 earnings per share for the quarter, topping analysts’ consensus estimates of $1.83 by $0.29. The business had revenue of $5.21 billion for the quarter, compared to analyst estimates of $5.02 billion. Aptiv had a return on equity of 18.46% and a net margin of 5.12%.Aptiv’s quarterly revenue was up 3.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $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. As a group, sell-side analysts predict that Aptiv PLC will post 7.2 EPS for the current fiscal year.

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.