Pacer Advisors Inc. lowered its stake in shares of Aptiv PLC (NYSE:APTV – Free Report) by 99.5% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,515 shares of the auto parts company’s stock after selling 2,202,142 shares during the period. Pacer Advisors Inc.’s holdings in Aptiv were worth $800,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds have also recently modified their holdings of the company. Larson Financial Group LLC raised its holdings in shares of Aptiv by 240.0% during the fourth quarter. Larson Financial Group LLC now owns 357 shares of the auto parts company’s stock valued at $27,000 after acquiring an additional 252 shares during the last quarter. Geneos Wealth Management Inc. grew its holdings 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 buying an additional 398 shares in the last quarter. Atlas Capital Advisors Inc. acquired a new stake in shares of Aptiv in the 4th quarter worth $33,000. DV Equities LLC acquired a new stake in shares of Aptiv in the 4th quarter worth $33,000. Finally, Towarzystwo Funduszy Inwestycyjnych PZU SA raised its holdings in shares of Aptiv by 60.0% during the 4th quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 480 shares of the auto parts company’s stock worth $37,000 after acquiring an additional 180 shares during the period. Institutional investors and hedge funds own 94.21% of the company’s stock.
Insider Transactions at Aptiv
In other Aptiv news, EVP Katherine H. Ramundo sold 2,000 shares of the company’s stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $78.30, for a total transaction of $156,600.00. Following the transaction, the executive vice president directly owned 163,752 shares in the company, valued at $12,821,781.60. This represents a 1.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.06% of the stock is currently owned by insiders.
Aptiv Price Performance
Aptiv (NYSE:APTV – Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The auto parts company reported $1.63 EPS 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 analyst estimates of $3.31 billion. Aptiv had a net margin of 1.17% and a return on equity of 17.10%. The business’s revenue for the quarter was up 2.3% compared to the same quarter last year. During the same period in the prior year, the business posted $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. As a group, analysts forecast that Aptiv PLC will post 5.69 EPS for the current year.
Wall Street Analyst Weigh In
A number of equities research analysts recently issued reports on the stock. Morgan Stanley lowered shares of Aptiv from an “overweight” rating to an “equal weight” rating and dropped their price objective for the company from $71.00 to $55.00 in a report on Wednesday, August 5th. Fox Advisors lowered shares of Aptiv from an “overweight” rating to an “equal weight” rating in a report on Wednesday, August 5th. Citigroup dropped their price target on shares of Aptiv from $92.33 to $77.00 and set a “buy” rating for the company in a research note on Monday, May 18th. Deutsche Bank Aktiengesellschaft downgraded shares of Aptiv from a “buy” rating to a “hold” rating and set a $56.00 price target for the company. in a report on Wednesday, August 5th. Finally, UBS Group reaffirmed a “buy” rating and set a $62.00 price target (down from $80.00) on shares of Aptiv in a research report on Wednesday, August 5th. Nineteen research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, Aptiv currently has an average rating of “Moderate Buy” and a consensus target price of $76.72.
View Our Latest Stock Report on APTV
Aptiv 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.
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