Vestmark Advisory Solutions Inc. Makes New Investment in Aptiv PLC $APTV

Vestmark Advisory Solutions Inc. purchased a new stake in shares of Aptiv PLC (NYSE:APTV) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 9,020 shares of the auto parts company’s stock, valued at approximately $615,000.

A number of other large investors have also modified their holdings of APTV. Envestnet Asset Management Inc. boosted its stake in Aptiv by 5.5% during 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 purchasing an additional 15,849 shares during the period. Cerity Partners LLC boosted its position in shares of Aptiv by 144.4% during the first quarter. Cerity Partners LLC now owns 31,841 shares of the auto parts company’s stock worth $1,895,000 after buying an additional 18,813 shares during the period. Ballentine Partners LLC bought a new position in Aptiv in the 1st quarter worth approximately $306,000. Arizona State Retirement System bought a new position in Aptiv in the 1st quarter worth approximately $4,044,000. Finally, Stephens Inc. AR raised its stake in 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 acquiring an additional 201 shares in the last quarter. Institutional investors and hedge funds own 94.21% of the company’s stock.

Aptiv Stock Down 1.2%

NYSE APTV opened at $81.61 on Wednesday. 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 $17.63 billion, a P/E ratio of 64.77, a PEG ratio of 0.84 and a beta of 1.58. The company’s 50 day simple moving average is $83.86 and its 200 day simple moving average is $74.09. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.79 and a quick ratio of 1.26.

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

Insider Activity

In other news, CAO Allan J. Brazier sold 1,000 shares of the business’s stock in a transaction that occurred on Thursday, September 18th. The shares were sold at an average price of $85.00, for a total transaction of $85,000.00. Following the sale, the chief accounting officer owned 49,820 shares in the company, valued at $4,234,700. The trade was a 1.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.45% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

APTV has been the subject of several recent analyst reports. Daiwa Capital Markets increased their price target on Aptiv from $79.00 to $100.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 1st. Barclays upgraded shares of Aptiv from an “equal weight” rating to an “overweight” rating and increased their target price for the company from $85.00 to $105.00 in a research report on Friday, September 12th. Piper Sandler upped their price target on shares of Aptiv from $72.00 to $87.00 and gave the stock a “neutral” rating in a research note on Friday, October 31st. Royal Bank Of Canada increased their price objective on shares of Aptiv from $92.00 to $101.00 and gave the company an “outperform” rating in a report on Friday, October 10th. Finally, Oppenheimer set a $94.00 target price on Aptiv and gave the stock an “outperform” rating in a report on Friday, October 31st. Three research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $94.79.

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.