Aptiv (NYSE:APTV) Stock Price Target Cut by TD Cowen

Aptiv (NYSE:APTV) had its price target cut by research analysts at TD Cowen from $77.00 to $72.00 in a note issued to investors on Wednesday, Benzinga reports. The brokerage presently has a “buy” rating on the auto parts company’s stock. TD Cowen‘s target price indicates a potential upside of 64.84% from the company’s previous close.

APTV has been the subject of several other research reports. BNP Paribas Exane reaffirmed an “outperform” rating and issued a $59.00 price target (down from $63.00) on shares of Aptiv in a report on Wednesday. Wells Fargo & Company dropped their target price on Aptiv from $77.00 to $66.00 and set an “overweight” rating for the company in a report on Wednesday, August 5th. UBS Group reduced their price target on Aptiv from $62.00 to $57.00 and set a “buy” rating on the stock in a report on Wednesday, October 7th. Weiss Ratings cut shares of Aptiv from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, August 11th. Finally, Fox Advisors cut shares of Aptiv from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, four have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $69.45.

Aptiv Stock Up 5.7%

Aptiv stock traded up $2.34 during mid-day trading on Wednesday, hitting $43.68. The company had a trading volume of 2,803,277 shares, compared to its average volume of 3,271,009. Aptiv has a 12 month low of $41.11 and a 12 month high of $88.93. The company has a market capitalization of $9.07 billion, a PE ratio of 41.21, a price-to-earnings-growth ratio of 0.86 and a beta of 1.43. The stock’s 50 day moving average price is $44.42 and its two-hundred day moving average price is $59.55. The company has a current ratio of 2.02, a quick ratio of 1.33 and a debt-to-equity ratio of 0.61.

Aptiv (NYSE:APTV) last announced its quarterly earnings results on Tuesday, November 3rd. The auto parts company reported $1.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.33 by $0.09. The company had revenue of $3.20 billion for the quarter, compared to analysts’ expectations of $3.17 billion. Aptiv had a net margin of 1.17% and a return on equity of 17.10%. Aptiv’s revenue was up 2.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.17 EPS. As a group, sell-side analysts anticipate that Aptiv will post 5.68 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Allspring Global Investments Holdings LLC grew its holdings in Aptiv by 3.9% in the first quarter. Allspring Global Investments Holdings LLC now owns 3,029,539 shares of the auto parts company’s stock valued at $210,371,000 after purchasing an additional 113,633 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Aptiv by 1.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,559,767 shares of the auto parts company’s stock worth $177,695,000 after buying an additional 27,043 shares during the last quarter. First Trust Advisors LP boosted its position in shares of Aptiv by 23.1% in the 1st quarter. First Trust Advisors LP now owns 2,394,019 shares of the auto parts company’s stock worth $166,241,000 after buying an additional 449,145 shares in the last quarter. Amundi boosted its position in shares of Aptiv by 10.2% in the 1st quarter. Amundi now owns 1,690,677 shares of the auto parts company’s stock worth $117,401,000 after buying an additional 156,956 shares in the last quarter. Finally, Perpetual Ltd grew its stake in Aptiv by 9.0% in the 3rd quarter. Perpetual Ltd now owns 2,602,895 shares of the auto parts company’s stock valued at $111,977,000 after acquiring an additional 213,977 shares during the last quarter. 94.21% of the stock is owned by institutional investors and hedge funds.

Aptiv News Summary

Here are the key news stories impacting Aptiv this week:

• Positive Sentiment: Aptiv reported Q3 adjusted earnings of $1.42 per share and revenue of $3.20 billion, topping analyst estimates of $1.33 and $3.17 billion, respectively. Revenue grew 2.3% year over year. Aptiv Q3 earnings and revenues top estimates
• Positive Sentiment: Management outlined a $20 billion bookings target for 2026 and plans to return 100% of free cash flow through 2027, signaling confidence in future demand and shareholder returns. Bookings target and capital-return plan
• Negative Sentiment: Despite the Q3 beat, earnings were down from $2.17 per share a year earlier, and reports point to margin pressure and a cautious profit outlook for 2027. That raises concerns about the durability of earnings growth. Q3 results and outlook
• Negative Sentiment: Several firms reduced their price targets, tempering the earnings news. Morgan Stanley cut its target to $45 and kept an “equal weight” rating; Goldman Sachs lowered its target to $54 but maintained “buy”; BNP Paribas Exane cut to $59 while reaffirming “outperform”; Barclays lowered to $53 with “overweight”; and RBC reduced to $64 while retaining “outperform.” Read More., Read More., Read More., Read More. and Read More..

About Aptiv

Aptiv PLC (NYSE: APTV) is a global automotive technology company that develops systems and software intended to make vehicles safer, more connected and increasingly automated. Its solutions are used by automakers in passenger vehicles and commercial vehicles worldwide.

The company’s product portfolio includes advanced driver-assistance and active-safety systems, vehicle computing platforms, infotainment and connectivity technologies, automated-driving solutions, and electrical and electronic distribution systems.