PGGM Investments lowered its holdings in Aptiv PLC (NYSE:APTV – Free Report) by 38.6% in the 4th quarter, HoldingsChannel reports. The firm owned 223,372 shares of the auto parts company’s stock after selling 140,149 shares during the quarter. PGGM Investments’ holdings in Aptiv were worth $16,996,000 as of its most recent SEC filing.
Several other large investors have also modified their holdings of the business. Allstate Corp raised its holdings in shares of Aptiv by 107.3% in the 4th quarter. Allstate Corp now owns 16,918 shares of the auto parts company’s stock valued at $1,287,000 after purchasing an additional 8,755 shares in the last quarter. Todd Asset Management LLC bought a new position in shares of Aptiv during the 4th quarter worth approximately $26,119,000. Systematic Financial Management LP raised its stake in shares of Aptiv by 60.2% during the 4th quarter. Systematic Financial Management LP now owns 16,997 shares of the auto parts company’s stock worth $1,293,000 after acquiring an additional 6,390 shares in the last quarter. Swedbank AB raised its stake in shares of Aptiv by 25.1% during the 4th quarter. Swedbank AB now owns 485,357 shares of the auto parts company’s stock worth $36,931,000 after acquiring an additional 97,289 shares in the last quarter. Finally, Arrow Investment Advisors LLC bought a new position in shares of Aptiv during the 4th quarter worth approximately $233,000. Institutional investors own 94.21% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research firms recently commented on APTV. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Aptiv from $84.00 to $74.00 and set a “buy” rating for the company in a research note on Wednesday, May 6th. Fox Advisors reduced their price objective on shares of Aptiv from $110.00 to $70.00 in a research note on Friday, May 8th. Bank of America began coverage on shares of Aptiv in a research note on Wednesday, March 4th. They set a “buy” rating for the company. Zacks Research lowered shares of Aptiv from a “hold” rating to a “strong sell” rating in a research note on Monday, April 27th. Finally, Wolfe Research upgraded shares of Aptiv from a “peer perform” rating to an “outperform” rating and set a $91.00 price objective for the company in a research note on Friday, March 6th. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Aptiv presently has an average rating of “Moderate Buy” and a consensus price target of $84.15.
Aptiv Stock Up 0.1%
NYSE:APTV opened at $57.41 on Tuesday. The company has a market cap of $12.15 billion, a PE ratio of 33.97, a P/E/G ratio of 0.99 and a beta of 1.42. Aptiv PLC has a twelve month low of $51.68 and a twelve month high of $88.93. The company has a current ratio of 2.11, a quick ratio of 1.57 and a debt-to-equity ratio of 0.98. The company’s 50 day moving average is $61.21 and its two-hundred day moving average is $72.38.
Aptiv (NYSE:APTV – Get Free Report) last released its earnings results on Tuesday, May 5th. The auto parts company reported $1.71 earnings per share for the quarter, topping the consensus estimate of $1.62 by $0.09. The company had revenue of $5.09 billion for the quarter, compared to the consensus estimate of $5.03 billion. Aptiv had a net margin of 1.77% and a return on equity of 17.83%. Aptiv’s revenue was up 5.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.69 EPS. Aptiv has set its FY 2026 guidance at 5.700-6.100 EPS and its Q2 2026 guidance at 1.300-1.500 EPS. Analysts anticipate that Aptiv PLC will post 6.41 EPS for the current year.
About Aptiv
Aptiv plc is a global automotive technology company that develops safer, greener and more connected solutions for the mobility industry. The company designs and supplies advanced electrical architectures, electronic systems and software that enable vehicle connectivity, active safety, advanced driver-assistance systems (ADAS) and autonomous driving capabilities. Aptiv’s customers include major automakers and mobility service providers seeking to integrate higher levels of automation, electrification and software-defined features into production vehicles and mobility platforms.
Product and service offerings span vehicle electrical systems and wiring, connectors and harnesses, high-voltage electrification components, power electronics and charging solutions, sensors and compute platforms that support ADAS and autonomous functions, and the software and services required to integrate and manage these systems.
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