AustralianSuper Pty Ltd Buys 147,098 Shares of Aptiv PLC $APTV

AustralianSuper Pty Ltd lifted its stake in shares of Aptiv PLC (NYSE:APTV) by 7.5% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,117,862 shares of the auto parts company’s stock after acquiring an additional 147,098 shares during the quarter. AustralianSuper Pty Ltd owned about 0.97% of Aptiv worth $144,481,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in APTV. GAMMA Investing LLC boosted its stake in shares of Aptiv by 348.2% during the 1st quarter. GAMMA Investing LLC now owns 2,752 shares of the auto parts company’s stock worth $164,000 after acquiring an additional 2,138 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Aptiv by 85.4% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 13,843 shares of the auto parts company’s stock worth $824,000 after acquiring an additional 6,375 shares in the last quarter. Bessemer Group Inc. boosted its stake in Aptiv by 74.9% during the 1st quarter. Bessemer Group Inc. now owns 3,504 shares of the auto parts company’s stock valued at $208,000 after purchasing an additional 1,500 shares during the period. Robeco Institutional Asset Management B.V. boosted its stake in Aptiv by 115.5% during the 1st quarter. Robeco Institutional Asset Management B.V. now owns 318,895 shares of the auto parts company’s stock valued at $18,974,000 after purchasing an additional 170,921 shares during the period. Finally, Sequoia Financial Advisors LLC boosted its stake in Aptiv by 26.8% during the 1st quarter. Sequoia Financial Advisors LLC now owns 4,754 shares of the auto parts company’s stock valued at $283,000 after purchasing an additional 1,006 shares during the period. 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 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 completion of the transaction, the chief accounting officer directly owned 49,820 shares in the company, valued at $4,234,700. This represents a 1.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.45% of the stock is owned by company insiders.

Aptiv Price Performance

Shares of APTV stock opened at $86.15 on Monday. The stock has a 50 day moving average of $82.62 and a two-hundred day moving average of $71.31. The company has a current ratio of 1.76, a quick ratio of 1.24 and a debt-to-equity ratio of 0.79. Aptiv PLC has a 12 month low of $47.19 and a 12 month high of $88.80. The company has a market capitalization of $18.76 billion, a P/E ratio of 19.71, a P/E/G ratio of 0.93 and a beta of 1.55.

Aptiv (NYSE:APTV) last announced 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 company had revenue of $5.21 billion during the quarter, compared to the consensus estimate of $5.02 billion. During the same quarter last year, the company earned $1.58 EPS. The company’s quarterly 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, equities analysts expect that Aptiv PLC will post 7.2 EPS for the current year.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. Royal Bank Of Canada increased their target price on Aptiv from $92.00 to $101.00 and gave the company an “outperform” rating in a research note on Friday, October 10th. Wells Fargo & Company increased their target price on Aptiv from $103.00 to $106.00 and gave the company an “overweight” rating in a research note on Thursday, September 25th. Wall Street Zen upgraded Aptiv from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, September 23rd. Robert W. Baird increased their target price on Aptiv from $97.00 to $105.00 and gave the company an “outperform” rating in a research note on Wednesday, October 8th. Finally, Deutsche Bank Aktiengesellschaft increased their target price on Aptiv from $84.00 to $105.00 in a research note on Friday, October 10th. Three equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $93.35.

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.