Aptiv (NYSE:APTV – Get Free Report) announced its quarterly earnings data on Tuesday. The auto parts company reported $1.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.42 by $0.21, Zacks reports. Aptiv had a net margin of 1.17% and a return on equity of 17.10%. The business had revenue of $3.27 billion during the quarter, compared to the consensus estimate of $3.31 billion. During the same quarter last year, the firm earned $2.12 earnings per share. The firm’s quarterly revenue was up 2.3% compared to the same quarter last year. Aptiv updated its FY 2026 guidance to 5.600-5.800 EPS and its Q3 2026 guidance to 1.250-1.350 EPS.
Here are the key takeaways from Aptiv’s conference call:
- Aptiv lowered its 2026 guidance, reducing midpoint revenue expectations by $300 million to $12.7 billion and forecasting adjusted EPS of $5.70. The revisions reflect weaker China production schedules, delayed program launches and ramps, and timing of enterprise software sales.
- Second-quarter revenue rose 2% to $3.3 billion, while adjusted EBITDA margin expanded 10 basis points to 18.6%. North America and Asia-Pacific growth helped offset an 8% revenue decline in Europe and a 1% decline in automotive revenue.
- Non-automotive revenue grew 12%, with momentum in diversified industrials, aerospace and defense, software and services, energy storage, robotics, drones and data centers. Aptiv expects robotics and drone revenue to reach approximately $300 million annually over the next few years, and cited a drone award with more than $500 million in lifetime revenue potential.
- Aptiv reported $5 billion of second-quarter bookings and $10 billion year to date, keeping it on track toward its $20 billion full-year target. The company also repurchased $250 million of shares in the quarter and plans to exceed $600 million in repurchases for 2026.
Aptiv Stock Performance
Shares of APTV stock opened at $47.47 on Thursday. The stock has a market cap of $10.05 billion, a PE ratio of 44.60, a price-to-earnings-growth ratio of 0.92 and a beta of 1.46. The business has a 50-day simple moving average of $61.60 and a 200-day simple moving average of $66.04. The company has a quick ratio of 1.57, a current ratio of 2.02 and a debt-to-equity ratio of 0.61. Aptiv has a 52-week low of $46.42 and a 52-week high of $88.93.
Analyst Upgrades and Downgrades
Read Our Latest Analysis on APTV
Insider Buying and Selling
In other news, EVP Katherine H. Ramundo sold 2,000 shares of Aptiv stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $78.30, for a total transaction of $156,600.00. Following the completion of the transaction, the executive vice president directly owned 163,752 shares of the company’s stock, valued at $12,821,781.60. The trade was a 1.21% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.06% of the stock is currently owned by company insiders.
Institutional Trading of Aptiv
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. grew its stake in Aptiv by 452.3% in the 1st 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 during the period. DV Equities LLC purchased a new position in shares of Aptiv in the fourth quarter worth about $33,000. Atlas Capital Advisors Inc. acquired a new position in Aptiv during the fourth quarter worth about $33,000. Towarzystwo Funduszy Inwestycyjnych PZU SA grew its stake in Aptiv by 60.0% during the 4th quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 480 shares of the auto parts company’s stock valued at $37,000 after acquiring an additional 180 shares in the last quarter. Finally, MUFG Securities EMEA plc purchased a new position in Aptiv in the 2nd quarter worth approximately $44,000. Institutional investors and hedge funds own 94.21% of the company’s stock.
Aptiv News Summary
Here are the key news stories impacting Aptiv this week:
- Positive Sentiment: Aptiv reported second-quarter adjusted EPS of $1.63, above the $1.42 consensus estimate, while revenue increased approximately 2% year over year to about $3.3 billion. Adjusted EBITDA rose to $613 million, supported by margin gains and new commercial awards. Aptiv Q2 earnings beat estimates
- Positive Sentiment: Goldman Sachs, RBC and Wells Fargo lowered their price targets but maintained bullish ratings of “buy,” “outperform” and “overweight,” respectively. Their revised targets of $71, $78 and $66 imply approximately 40% to 66% upside from recent levels. Analyst price target changes
- Positive Sentiment: Aptiv is targeting roughly $300 million in 2026 revenue from robotics and drones, providing a potential longer-term growth catalyst as the company expands beyond traditional automotive components. Aptiv robotics and drone revenue outlook
- Neutral Sentiment: Analyst opinion remains divided: Deutsche Bank downgraded Aptiv to “hold” with a $56 target, while Fox Advisors moved to “equal weight.” The targets remain above the current market price but reflect reduced confidence in near-term execution. Analyst rating changes
- Negative Sentiment: Aptiv cut 2026 revenue guidance to $12.6 billion–$12.8 billion from $12.8 billion–$13.2 billion and adjusted EPS guidance to $5.60–$5.80 from $5.70–$6.10. Management cited customer-mix headwinds, particularly in China, that are expected to weigh on second-half growth. Aptiv second-quarter financial results
- Negative Sentiment: Free cash flow was only $12 million in the quarter and negative $196 million year to date, adding to investor concerns about cash generation. Two reported insider transactions were sales, while more institutions reduced positions than added them in the latest quarter.
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.
Featured Stories
- Five stocks we like better than Aptiv
- Boeing’s Comeback Is Building Momentum—Is It Real?
- Blueprint for a Banking Fortress: Circle Redraws the Map
- Bed Bath & Beyond Renovates: The Neighborhood Blueprint
- These Outperforming Giants Are Boosting Dividends in 2026, With Yields of Up to 6.6%
Receive News & Ratings for Aptiv Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aptiv and related companies with MarketBeat.com's FREE daily email newsletter.
