3,289 Shares in Aptiv PLC $APTV Acquired by Prudential PLC

Prudential PLC bought a new stake in shares of Aptiv PLC (NYSE:APTV) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 3,289 shares of the auto parts company’s stock, valued at approximately $224,000.

Several other institutional investors and hedge funds also recently modified their holdings of APTV. True Wealth Design LLC lifted its holdings in Aptiv by 83.8% in 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 period. Zions Bancorporation National Association UT bought a new stake in shares of Aptiv during the 1st quarter worth about $26,000. 1248 Management LLC bought a new stake in shares of Aptiv during the 1st quarter worth about $28,000. Geneos Wealth Management Inc. boosted its holdings in shares of Aptiv by 452.3% in the first quarter. Geneos Wealth Management Inc. now owns 486 shares of the auto parts company’s stock valued at $29,000 after acquiring an additional 398 shares in the last quarter. Finally, Allworth Financial LP increased its stake in shares of Aptiv by 175.9% during the second quarter. Allworth Financial LP now owns 560 shares of the auto parts company’s stock valued at $38,000 after acquiring an additional 357 shares during the period. Institutional investors own 94.21% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on APTV shares. Evercore ISI increased their price target on Aptiv from $95.00 to $100.00 and gave the company an “outperform” rating in a research note on Monday. Citigroup began coverage on Aptiv in a research note on Friday, October 10th. They set a “buy” rating and a $109.00 target price for the company. Bank of America boosted their price target on shares of Aptiv from $85.00 to $95.00 and gave the stock a “buy” rating in a research report on Wednesday, September 10th. Robert W. Baird raised their price objective on shares of Aptiv from $97.00 to $105.00 and gave the company an “outperform” rating in a research report on Wednesday, October 8th. Finally, UBS Group boosted their target price on shares of Aptiv from $75.00 to $94.00 and gave the stock a “neutral” rating in a report on Monday, October 6th. Three research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Aptiv presently has a consensus rating of “Moderate Buy” and a consensus target price of $95.42.

Insiders Place Their Bets

In related news, CAO Allan J. Brazier sold 1,000 shares of the 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 sale, the chief accounting officer directly owned 49,820 shares of the company’s stock, valued at approximately $4,234,700. This represents a 1.97% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.45% of the company’s stock.

Aptiv Stock Up 0.9%

Shares of NYSE:APTV opened at $74.82 on Tuesday. The firm has a 50 day simple moving average of $82.88 and a 200 day simple moving average of $75.24. Aptiv PLC has a 52 week low of $47.19 and a 52 week high of $88.80. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.26 and a current ratio of 1.79. The company has a market cap of $16.17 billion, a PE ratio of 59.38, a price-to-earnings-growth ratio of 0.76 and a beta of 1.58.

Aptiv (NYSE:APTV) last announced its earnings results 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. The company had revenue of $5.21 billion for the quarter, compared to the consensus estimate of $5.05 billion. Aptiv had a net margin of 1.46% and a return on equity of 18.51%. The company’s revenue was up 7.4% on a year-over-year basis. During the same period in the previous year, the business earned $1.83 EPS. Aptiv has set its FY 2025 guidance at 7.550-7.850 EPS. Q4 2025 guidance at 1.600-1.900 EPS. As a group, research 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.