Aptiv (NYSE:APTV) Downgraded by Zacks Research to Strong Sell

Zacks Research downgraded shares of Aptiv (NYSE:APTV) from a hold rating to a strong sell rating in a report released on Monday morning,Zacks.com reports.

A number of other research firms have also weighed in on APTV. Royal Bank Of Canada cut their target price on shares of Aptiv from $90.00 to $78.00 and set an “outperform” rating on the stock in a research note on Wednesday, August 5th. UBS Group reiterated a “buy” rating and issued a $62.00 price target (down from $80.00) on shares of Aptiv in a research note on Wednesday, August 5th. 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 report on Monday. Citigroup lowered their target price 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. Finally, Oppenheimer cut their price target on Aptiv from $106.00 to $84.00 and set an “outperform” rating on the stock in a research note on Monday, April 13th. Nineteen research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Aptiv currently has a consensus rating of “Moderate Buy” and a consensus price target of $76.72.

Aptiv Trading Down 0.4%

NYSE:APTV opened at $49.59 on Monday. Aptiv has a 12-month low of $46.16 and a 12-month high of $88.93. The firm has a market cap of $10.30 billion, a PE ratio of 46.78, a price-to-earnings-growth ratio of 0.97 and a beta of 1.46. The company has a current ratio of 2.02, a quick ratio of 1.33 and a debt-to-equity ratio of 0.61. The stock has a fifty day moving average price of $60.02 and a 200 day moving average price of $65.20.

Aptiv (NYSE:APTV) last issued its quarterly earnings results 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 company 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%.Aptiv’s 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. Sell-side analysts anticipate that Aptiv will post 5.69 earnings per share for the current fiscal year.

Insider Activity

In related news, EVP Katherine H. Ramundo sold 2,000 shares of the stock in a transaction 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 transaction, the executive vice president directly owned 163,752 shares of the company’s stock, valued at $12,821,781.60. This trade represents a 1.21% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.06% of the company’s stock.

Hedge Funds Weigh In On Aptiv

Several large investors have recently bought and sold shares of the stock. Larson Financial Group LLC increased its position 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 worth $27,000 after purchasing an additional 252 shares in the last quarter. Geneos Wealth Management Inc. boosted its position in shares of 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 purchasing an additional 398 shares during the period. Atlas Capital Advisors Inc. purchased a new position in Aptiv during the 4th quarter worth approximately $33,000. DV Equities LLC purchased a new position in Aptiv during the 4th quarter worth approximately $33,000. Finally, Eastern Bank increased its position in Aptiv by 702.9% during the second quarter. Eastern Bank now owns 546 shares of the auto parts company’s stock worth $34,000 after buying an additional 478 shares during the period. Institutional investors and hedge funds own 94.21% of the company’s stock.

About Aptiv

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.