Chevy Chase Trust Holdings LLC Trims Stock Position in Aptiv PLC $APTV

Chevy Chase Trust Holdings LLC reduced its stake in shares of Aptiv PLC (NYSE:APTV) by 4.4% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 115,018 shares of the auto parts company’s stock after selling 5,331 shares during the quarter. Chevy Chase Trust Holdings LLC’s holdings in Aptiv were worth $7,847,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the business. Gamco Investors INC. ET AL boosted its holdings in shares of Aptiv by 1.7% during the 1st 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 in the last quarter. AlTi Global Inc. boosted its holdings in shares of Aptiv by 1.6% during the 1st 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 in the last quarter. Stephens Inc. AR boosted its holdings in shares of Aptiv by 5.4% during the 1st 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 in the last quarter. Tokio Marine Asset Management Co. Ltd. boosted its holdings in shares of Aptiv by 2.9% during the 1st 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 in the last quarter. Finally, Copperwynd Financial LLC boosted its holdings in shares of Aptiv by 3.4% during the 2nd quarter. Copperwynd Financial LLC now owns 10,144 shares of the auto parts company’s stock valued at $692,000 after buying an additional 329 shares in the last quarter. Institutional investors own 94.21% of the company’s stock.

Insiders Place Their Bets

In other Aptiv news, CAO Allan J. Brazier sold 1,000 shares of the business’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 completion of the transaction, the chief accounting officer owned 49,820 shares of the company’s stock, valued at approximately $4,234,700. The trade was a 1.97% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.45% of the company’s stock.

Analysts Set New Price Targets

APTV has been the topic of a number of research reports. Barclays upgraded shares of Aptiv from an “equal weight” rating to an “overweight” rating and boosted their target price for the company from $85.00 to $105.00 in a report on Friday, September 12th. TD Cowen upped their price target on shares of Aptiv from $94.00 to $104.00 and gave the stock a “buy” rating in a research note on Thursday, October 9th. UBS Group upped their price target on shares of Aptiv from $75.00 to $94.00 and gave the stock a “neutral” rating in a research note on Monday, October 6th. Wells Fargo & Company upped their price target on shares of Aptiv from $103.00 to $106.00 and gave the stock an “overweight” rating in a research note on Thursday, September 25th. Finally, Bank of America upped their price target on shares of Aptiv from $85.00 to $95.00 and gave the stock a “buy” rating in a research note on Wednesday, September 10th. Three equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Aptiv currently has a consensus rating of “Moderate Buy” and an average price target of $93.35.

Aptiv Price Performance

Shares of NYSE:APTV opened at $83.44 on Tuesday. Aptiv PLC has a fifty-two week low of $47.19 and a fifty-two week high of $88.80. The business has a 50-day simple moving average of $81.69 and a two-hundred day simple moving average of $70.36. 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 firm has a market cap of $18.17 billion, a price-to-earnings ratio of 19.09, a price-to-earnings-growth ratio of 0.90 and a beta of 1.55.

Aptiv (NYSE:APTV) last issued its earnings results 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. Aptiv had a return on equity of 18.46% and a net margin of 5.12%.The business had revenue of $5.21 billion during the quarter, compared to analyst estimates of $5.02 billion. During the same quarter in the previous year, the firm earned $1.58 EPS. Aptiv’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. On average, analysts expect that Aptiv PLC will post 7.2 earnings per share for the current 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.