Aptiv (NYSE:APTV) Stock Price Down 6% – Should You Sell?

Aptiv PLC (NYSE:APTV) shares traded down 6% on Friday . The stock traded as low as $77.87 and last traded at $77.6350. 2,649,530 shares changed hands during trading, an increase of 7% from the average session volume of 2,485,711 shares. The stock had previously closed at $82.61.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on APTV. US Capital Advisors set a $110.00 price objective on shares of Aptiv in a research report on Tuesday. Cowen reissued a “buy” rating on shares of Aptiv in a research report on Friday, October 31st. Argus raised their price objective on Aptiv from $78.00 to $99.00 in a report on Monday, November 10th. Royal Bank Of Canada lifted their target price on Aptiv from $101.00 to $104.00 and gave the company an “outperform” rating in a research report on Wednesday. Finally, Fox Advisors raised Aptiv from an “equal weight” rating to an “overweight” rating and set a $110.00 price target for the company in a research report on Tuesday. Four equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $99.05.

Aptiv Trading Down 4.9%

The company has a debt-to-equity ratio of 0.80, a current ratio of 1.79 and a quick ratio of 1.26. The business has a 50-day simple moving average of $78.59 and a two-hundred day simple moving average of $78.28. The stock has a market cap of $16.98 billion, a price-to-earnings ratio of 62.36, a P/E/G ratio of 0.91 and a beta of 1.50.

Aptiv (NYSE:APTV) last issued its earnings results on Thursday, October 30th. The auto parts company reported $2.17 EPS for the quarter, topping 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 company had revenue of $5.21 billion during the quarter, compared to the consensus estimate of $5.05 billion. During the same period in the previous year, the company posted $1.83 EPS. The firm’s revenue for the quarter was up 7.4% compared to the same quarter last year. Aptiv has set its FY 2025 guidance at 7.550-7.850 EPS and its Q4 2025 guidance at 1.600-1.900 EPS. Equities analysts forecast that Aptiv PLC will post 7.2 EPS for the current fiscal year.

Insider Activity

In other news, EVP Katherine H. Ramundo sold 5,000 shares of the firm’s stock in a transaction dated Thursday, January 8th. The shares were sold at an average price of $85.00, for a total transaction of $425,000.00. Following the completion of the sale, the executive vice president owned 116,959 shares in the company, valued at approximately $9,941,515. This trade represents a 4.10% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 0.45% of the company’s stock.

Institutional Investors Weigh In On Aptiv

A number of institutional investors have recently modified their holdings of the business. State Street Corp raised its stake in Aptiv by 1.2% in the 2nd quarter. State Street Corp now owns 9,754,226 shares of the auto parts company’s stock worth $665,433,000 after purchasing an additional 111,506 shares in the last quarter. Nordea Investment Management AB increased its holdings in shares of Aptiv by 34.2% during the fourth quarter. Nordea Investment Management AB now owns 4,579,726 shares of the auto parts company’s stock worth $349,067,000 after purchasing an additional 1,167,946 shares during the period. Impax Asset Management Group plc raised its position in shares of Aptiv by 54.5% in the third quarter. Impax Asset Management Group plc now owns 4,523,145 shares of the auto parts company’s stock valued at $389,986,000 after buying an additional 1,595,276 shares in the last quarter. Boston Partners boosted its stake in shares of Aptiv by 29.2% in the third quarter. Boston Partners now owns 4,194,909 shares of the auto parts company’s stock valued at $361,385,000 after buying an additional 948,327 shares during the period. Finally, Alliancebernstein L.P. grew its position in Aptiv by 9.0% during the second quarter. Alliancebernstein L.P. now owns 3,831,441 shares of the auto parts company’s stock worth $261,381,000 after buying an additional 315,824 shares in the last quarter. Institutional investors own 94.21% of the company’s stock.

Aptiv Company Profile

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.