Aptiv (NYSE:APTV) Price Target Raised to $100.00

Aptiv (NYSE:APTV) had its target price upped by Evercore ISI from $95.00 to $100.00 in a research report report published on Monday, Marketbeat Ratings reports. They currently have an outperform rating on the auto parts company’s stock.

Other equities analysts have also issued research reports about the stock. Piper Sandler increased their target price on shares of Aptiv from $72.00 to $87.00 and gave the company a “neutral” rating in a research report on Friday, October 31st. Morgan Stanley increased their price objective on shares of Aptiv from $55.00 to $60.00 and gave the company an “underweight” rating in a report on Tuesday, August 12th. Royal Bank Of Canada reissued an “outperform” rating and set a $101.00 target price on shares of Aptiv in a report on Wednesday, November 19th. Robert W. Baird increased their price target on Aptiv from $97.00 to $105.00 and gave the company an “outperform” rating in a research note on Wednesday, October 8th. Finally, Citigroup began coverage on Aptiv in a research note on Friday, October 10th. They issued a “buy” rating and a $109.00 price objective on the stock. Three analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $95.42.

Aptiv Stock Performance

Shares of NYSE APTV opened at $76.97 on Monday. Aptiv has a 12-month low of $47.19 and a 12-month high of $88.80. The company has a market cap of $16.63 billion, a PE ratio of 61.09, a P/E/G ratio of 0.78 and a beta of 1.58. The stock has a 50 day simple moving average of $82.62 and a 200-day simple moving average of $75.35. The company has a current ratio of 1.79, a quick ratio of 1.26 and a debt-to-equity ratio of 0.80.

Aptiv (NYSE:APTV) last announced its earnings results on Thursday, October 30th. The auto parts company reported $2.17 earnings per share 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 firm had revenue of $5.21 billion for the quarter, compared to the consensus estimate of $5.05 billion. During the same quarter in the previous year, the business earned $1.83 EPS. The firm’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. On average, equities research analysts forecast that Aptiv will post 7.2 EPS for the current year.

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 transaction of $85,000.00. Following the sale, the chief accounting officer owned 49,820 shares in the company, valued at approximately $4,234,700. The trade was a 1.97% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.45% of the company’s stock.

Institutional Investors Weigh In On Aptiv

A number of large investors have recently made changes to their positions in APTV. Allianz Asset Management GmbH boosted its position in Aptiv by 84.2% during the first quarter. Allianz Asset Management GmbH now owns 25,379 shares of the auto parts company’s stock valued at $1,510,000 after purchasing an additional 11,600 shares during the last quarter. Assetmark Inc. lifted its holdings in shares of Aptiv by 14.8% during the 1st quarter. Assetmark Inc. now owns 5,006 shares of the auto parts company’s stock valued at $298,000 after buying an additional 645 shares during the last quarter. Mediolanum International Funds Ltd bought a new stake in shares of Aptiv in the 1st quarter valued at approximately $1,416,000. HB Wealth Management LLC acquired a new position in Aptiv in the first quarter worth approximately $414,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its position in Aptiv by 90.5% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 162,032 shares of the auto parts company’s stock valued at $9,641,000 after acquiring an additional 76,961 shares in the last quarter. Institutional investors and hedge funds own 94.21% of the company’s stock.

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.