Los Angeles Capital Management LLC Boosts Holdings in Aptiv PLC $APTV

Los Angeles Capital Management LLC grew its position in Aptiv PLC (NYSE:APTV) by 1,859.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 144,782 shares of the auto parts company’s stock after acquiring an additional 137,393 shares during the quarter. Los Angeles Capital Management LLC owned about 0.07% of Aptiv worth $9,877,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. True Wealth Design LLC lifted its position in shares of Aptiv by 83.8% during the second quarter. True Wealth Design LLC now owns 397 shares of the auto parts company’s stock worth $27,000 after purchasing an additional 181 shares during the last quarter. Vestmark Advisory Solutions Inc. purchased a new position in Aptiv in the 2nd quarter worth about $615,000. Bastion Asset Management Inc. bought a new stake in Aptiv during the 2nd quarter valued at about $1,870,000. Savant Capital LLC boosted its position in Aptiv by 513.4% in the 2nd quarter. Savant Capital LLC now owns 25,500 shares of the auto parts company’s stock valued at $1,740,000 after buying an additional 21,343 shares during the period. Finally, Resona Asset Management Co. Ltd. purchased a new position in shares of Aptiv during the second quarter worth approximately $4,325,000. 94.21% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, CAO Allan J. Brazier sold 1,000 shares of the business’s stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $85.00, for a total transaction of $85,000.00. Following the completion of the sale, the chief accounting officer owned 49,820 shares of the company’s stock, valued at $4,234,700. The trade was a 1.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 0.45% of the company’s stock.

Aptiv Trading Up 1.9%

Aptiv stock opened at $83.62 on Monday. The stock has a 50-day moving average price of $83.74 and a 200 day moving average price of $73.72. The company has a market capitalization of $18.07 billion, a price-to-earnings ratio of 66.36, a price-to-earnings-growth ratio of 0.85 and a beta of 1.58. Aptiv PLC has a 52 week low of $47.19 and a 52 week high of $88.80. The company has a quick ratio of 1.26, a current ratio of 1.79 and a debt-to-equity ratio of 0.80.

Aptiv (NYSE:APTV) last issued its quarterly earnings data on Thursday, October 30th. The auto parts company reported $2.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.81 by $0.36. Aptiv had a return on equity of 18.51% and a net margin of 1.46%.The business had revenue of $5.21 billion during the quarter, compared to analysts’ expectations of $5.05 billion. During the same quarter in the previous year, the firm posted $1.83 EPS. The company’s revenue for the quarter was up 7.4% on a year-over-year basis. Aptiv has set its FY 2025 guidance at 7.550-7.850 EPS. Q4 2025 guidance at 1.600-1.900 EPS. Sell-side analysts anticipate that Aptiv PLC will post 7.2 EPS for the current year.

Wall Street Analysts Forecast Growth

APTV has been the subject of a number of research reports. Morgan Stanley upped their price objective on shares of Aptiv from $55.00 to $60.00 and gave the stock an “underweight” rating in a research note on Tuesday, August 12th. JPMorgan Chase & Co. lifted their price objective on shares of Aptiv from $90.00 to $105.00 and gave the company an “overweight” rating in a report on Monday, October 20th. Wall Street Zen raised shares of Aptiv from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, September 23rd. Deutsche Bank Aktiengesellschaft dropped their target price on Aptiv from $105.00 to $104.00 in a research report on Friday, October 31st. Finally, Citigroup began coverage on Aptiv in a research report on Friday, October 10th. They issued a “buy” rating and a $109.00 price target for the company. Three equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $94.56.

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.