KLP Kapitalforvaltning AS Has $9.83 Million Position in Aptiv PLC $APTV

KLP Kapitalforvaltning AS increased its position in shares of Aptiv PLC (NYSE:APTV) by 1.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 144,131 shares of the auto parts company’s stock after acquiring an additional 1,700 shares during the quarter. KLP Kapitalforvaltning AS owned about 0.07% of Aptiv worth $9,833,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the company. Gamco Investors INC. ET AL lifted its position in shares of Aptiv by 1.7% in the first quarter. Gamco Investors INC. ET AL now owns 9,760 shares of the auto parts company’s stock valued at $581,000 after buying an additional 160 shares during the last quarter. AlTi Global Inc. lifted its position in shares of Aptiv by 1.6% in the first quarter. AlTi Global Inc. now owns 10,677 shares of the auto parts company’s stock valued at $635,000 after buying an additional 173 shares during the last quarter. Stephens Inc. AR lifted its position in shares of Aptiv by 5.4% in the first quarter. Stephens Inc. AR now owns 3,941 shares of the auto parts company’s stock valued at $234,000 after buying an additional 201 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. lifted its position in shares of Aptiv by 2.9% in the first quarter. Tokio Marine Asset Management Co. Ltd. now owns 8,443 shares of the auto parts company’s stock valued at $502,000 after buying an additional 235 shares during the last quarter. Finally, OLD Second National Bank of Aurora lifted its position in shares of Aptiv by 1.0% in the first quarter. OLD Second National Bank of Aurora now owns 24,547 shares of the auto parts company’s stock valued at $1,461,000 after buying an additional 239 shares during the last quarter. Institutional investors and hedge funds own 94.21% of the company’s stock.

Insider Buying and Selling

In other Aptiv news, CAO Allan J. Brazier sold 1,000 shares of the firm’s stock in a transaction 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 transaction, the chief accounting officer owned 49,820 shares in the company, valued at $4,234,700. This trade represents a 1.97% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.45% of the stock is currently owned by company insiders.

Aptiv Price Performance

Aptiv stock opened at $82.71 on Friday. The stock’s fifty day moving average price is $79.32 and its two-hundred day moving average price is $69.13. Aptiv PLC has a one year low of $47.19 and a one year high of $88.80. 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 firm has a market cap of $18.01 billion, a PE ratio of 18.93, a price-to-earnings-growth ratio of 0.94 and a beta of 1.55.

Aptiv (NYSE:APTV) last posted its quarterly earnings data on Thursday, July 31st. The auto parts company reported $2.12 EPS for the quarter, topping 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 firm had revenue of $5.21 billion for the quarter, compared to analyst estimates of $5.02 billion. During the same quarter last year, the company earned $1.58 EPS. The company’s revenue 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. As a group, research analysts expect that Aptiv PLC will post 7.2 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have recently issued reports on APTV shares. Wall Street Zen raised Aptiv from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, September 23rd. Morgan Stanley lifted their price target on Aptiv from $55.00 to $60.00 and gave the stock an “underweight” rating in a report on Tuesday, August 12th. Royal Bank Of Canada lifted 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. JPMorgan Chase & Co. lifted their price target on Aptiv from $85.00 to $90.00 and gave the stock an “overweight” rating in a report on Friday, August 1st. Finally, Bank of America lifted their price target on Aptiv from $85.00 to $95.00 and gave the stock a “buy” rating in a report on Wednesday, September 10th. Three research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $89.19.

Aptiv 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.