Aptiv (NYSE:APTV) Upgraded at Benchmark

Benchmark upgraded shares of Aptiv (NYSE:APTV) to a strong-buy rating in a research report released on Wednesday,Zacks reports.

APTV has been the topic of several other reports. Royal Bank Of Canada dropped their target price on shares of Aptiv from $90.00 to $78.00 and set an “outperform” rating on the stock in a report on Wednesday, August 5th. Weiss Ratings cut shares of Aptiv from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, August 11th. Barclays dropped their price objective on shares of Aptiv from $73.00 to $65.00 and set an “overweight” rating on the stock in a research note on Monday, August 10th. Deutsche Bank Aktiengesellschaft downgraded shares of Aptiv from a “buy” rating to a “hold” rating and set a $56.00 price objective for the company. in a research note on Wednesday, August 5th. Finally, Wells Fargo & Company cut their price target on Aptiv from $77.00 to $66.00 and set an “overweight” rating on the stock in a report on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $75.66.

Aptiv Trading Down 0.5%

Shares of NYSE APTV opened at $45.47 on Wednesday. Aptiv has a twelve month low of $43.83 and a twelve month high of $88.93. The firm has a market cap of $9.44 billion, a PE ratio of 42.89, a price-to-earnings-growth ratio of 0.89 and a beta of 1.45. The business has a fifty day simple moving average of $51.88 and a two-hundred day simple moving average of $59.90. The company has a quick ratio of 1.33, a current ratio of 2.02 and a debt-to-equity ratio of 0.61.

Aptiv (NYSE:APTV) last posted its quarterly earnings results on Tuesday, August 4th. The auto parts company reported $1.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.42 by $0.21. The business had revenue of $3.27 billion for the quarter, compared to the consensus estimate of $3.31 billion. Aptiv had a return on equity of 17.10% and a net margin of 1.17%.The business’s revenue was up 2.3% compared to the same quarter last year. During the same quarter in the prior year, the company 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. Analysts expect that Aptiv will post 5.69 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Aptiv

A number of hedge funds and other institutional investors have recently bought and sold shares of APTV. Sequoia Financial Advisors LLC grew its holdings in Aptiv by 12.0% in the second quarter. Sequoia Financial Advisors LLC now owns 7,908 shares of the auto parts company’s stock worth $485,000 after purchasing an additional 846 shares during the last quarter. National Pension Service lifted its holdings in shares of Aptiv by 18.9% during the 2nd quarter. National Pension Service now owns 63,517 shares of the auto parts company’s stock valued at $3,899,000 after purchasing an additional 10,100 shares during the last quarter. WINTON GROUP Ltd boosted its position in shares of Aptiv by 28.7% in the 2nd quarter. WINTON GROUP Ltd now owns 12,100 shares of the auto parts company’s stock worth $743,000 after purchasing an additional 2,699 shares in the last quarter. Squarepoint Ops LLC boosted its position in shares of Aptiv by 238.9% in the 2nd quarter. Squarepoint Ops LLC now owns 519,044 shares of the auto parts company’s stock worth $31,859,000 after purchasing an additional 365,893 shares in the last quarter. Finally, Arizona State Retirement System grew its stake in Aptiv by 4.1% during the 2nd quarter. Arizona State Retirement System now owns 61,110 shares of the auto parts company’s stock worth $3,751,000 after buying an additional 2,388 shares during the last quarter. Hedge funds and other institutional investors own 94.21% of the company’s stock.

Aptiv Company Profile

Aptiv PLC is a global automotive technology company that develops vehicle systems, software and components for automakers and other mobility customers. Its products are designed to support vehicle electrification, advanced driver assistance, automated driving, connectivity and improved vehicle safety.

The company’s offerings include electrical distribution systems such as wiring harnesses, connectors and power-management components, as well as vehicle computing platforms, infotainment systems, user-interface technologies and advanced safety solutions.