Aptiv (NYSE:APTV – Get Free Report) was downgraded by research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued on Monday,Zacks.com reports.
Other equities analysts also recently issued reports about the company. Deutsche Bank Aktiengesellschaft downgraded Aptiv from a “buy” rating to a “hold” rating and set a $56.00 target price for the company. in a research report on Wednesday, August 5th. Wells Fargo & Company lowered their price objective on shares of Aptiv from $77.00 to $66.00 and set an “overweight” rating for the company in a research note on Wednesday, August 5th. HSBC dropped their price objective on shares of Aptiv from $81.32 to $75.00 and set a “buy” rating for the company in a report on Monday, April 27th. Piper Sandler decreased their price target on shares of Aptiv from $106.00 to $94.00 and set an “overweight” rating for the company in a research report on Monday, June 8th. Finally, Evercore restated an “outperform” rating and issued a $70.00 price target on shares of Aptiv in a research note on Monday. Nineteen research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Aptiv currently has an average rating of “Moderate Buy” and a consensus target price of $76.72.
Check Out Our Latest Report on APTV
Aptiv Stock Down 0.4%
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, beating analysts’ consensus estimates of $1.42 by $0.21. The business had revenue of $3.27 billion during the quarter, compared to analysts’ expectations of $3.31 billion. Aptiv had a return on equity of 17.10% and a net margin of 1.17%.The company’s revenue was up 2.3% on a year-over-year basis. During the same period in the previous year, the firm posted $2.12 earnings per share. Aptiv has set its FY 2026 guidance at 5.600-5.800 EPS and its Q3 2026 guidance at 1.250-1.350 EPS. Research analysts anticipate that Aptiv will post 5.69 EPS for the current year.
Insiders Place Their Bets
In related news, EVP Katherine H. Ramundo sold 2,000 shares of the firm’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $78.30, for a total value of $156,600.00. Following the sale, the executive vice president owned 163,752 shares of the company’s stock, valued at $12,821,781.60. This trade represents a 1.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.06% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On Aptiv
Large investors have recently modified their holdings of the company. Norges Bank purchased a new stake in Aptiv during the fourth quarter worth approximately $634,961,000. Balyasny Asset Management L.P. increased its stake in Aptiv by 6,711.4% in the second quarter. Balyasny Asset Management L.P. now owns 1,434,076 shares of the auto parts company’s stock valued at $97,833,000 after purchasing an additional 1,413,022 shares during the last quarter. Man Group plc raised its holdings in Aptiv by 155.8% during the third quarter. Man Group plc now owns 2,045,025 shares of the auto parts company’s stock worth $176,322,000 after purchasing an additional 1,245,533 shares in the last quarter. Bank of New York Mellon Corp purchased a new stake in shares of Aptiv during the 2nd quarter worth approximately $61,065,000. Finally, Boston Partners boosted its holdings in shares of Aptiv by 29.2% in the 3rd 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 in the last quarter. 94.21% of the stock is owned by hedge funds and other institutional investors.
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.
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