Aptiv (NYSE:APTV) Sets New 1-Year Low – Here’s What Happened

Shares of Aptiv PLC (NYSE:APTV – Get Free Report) hit a new 52-week low during trading on Friday. The company traded as low as $42.36 and last traded at $42.40, with a volume of 76,726 shares changing hands. The stock had previously closed at $43.81.

Wall Street Analysts Forecast Growth

APTV has been the subject of several recent research reports. Royal Bank Of Canada lowered their target price on shares of Aptiv from $78.00 to $77.00 and set an “outperform” rating for the company in a report on Monday, October 12th. Morgan Stanley downgraded Aptiv from an “overweight” rating to an “equal weight” rating and cut their price target for the stock from $71.00 to $55.00 in a research note on Wednesday, August 5th. Evercore reaffirmed an “outperform” rating and set a $70.00 price objective on shares of Aptiv in a research report on Monday, August 10th. Argus set a $64.00 price objective on Aptiv in a research note on Thursday, August 13th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating and issued a $56.00 target price (down from $65.00) on shares of Aptiv in a report on Tuesday, September 15th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $72.60.

Read Our Latest Analysis on APTV

Aptiv Stock Down 4.1%

The company has a market cap of $8.72 billion, a P/E ratio of 39.73, a price-to-earnings-growth ratio of 0.86 and a beta of 1.48. The company has a quick ratio of 1.33, a current ratio of 2.02 and a debt-to-equity ratio of 0.61. The company has a fifty day moving average of $45.23 and a 200 day moving average of $54.39.

Aptiv (NYSE:APTV – Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The auto parts company reported $1.63 earnings per share for the quarter, topping the consensus estimate of $1.42 by $0.21. The firm had revenue of $3.27 billion for the quarter, compared to analysts’ expectations of $3.31 billion. Aptiv had a net margin of 1.17% and a return on equity of 17.10%. The business’s quarterly revenue was up 2.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.12 EPS. Aptiv has set its FY 2026 guidance at 5.600-5.800 EPS and its Q3 2026 guidance at 1.250-1.350 EPS. On average, research analysts anticipate that Aptiv PLC will post 5.68 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Bank of New York Mellon Corp purchased a new stake in shares of Aptiv in the 2nd quarter worth $61,065,000. Swedbank AB lifted its position in Aptiv by 164.1% during the first quarter. Swedbank AB now owns 1,281,837 shares of the auto parts company’s stock valued at $89,011,000 after purchasing an additional 796,480 shares in the last quarter. Cooper Creek Partners Management LLC bought a new stake in Aptiv during the first quarter valued at about $48,166,000. First Trust Advisors LP grew its holdings in Aptiv by 23.1% during the first quarter. First Trust Advisors LP now owns 2,394,019 shares of the auto parts company’s stock valued at $166,241,000 after purchasing an additional 449,145 shares during the period. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in Aptiv during the second quarter valued at about $27,364,000. Hedge funds and other institutional investors own 94.21% of the company’s stock.

About Aptiv

(Get Free Report)

Aptiv PLC (NYSE: APTV) is a global automotive technology company that develops systems and software intended to make vehicles safer, more connected and increasingly automated. Its solutions are used by automakers in passenger vehicles and commercial vehicles worldwide.

The company’s product portfolio includes advanced driver-assistance and active-safety systems, vehicle computing platforms, infotainment and connectivity technologies, automated-driving solutions, and electrical and electronic distribution systems.

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