Aptiv (NYSE:APTV) Trading Down 6% – Here’s What Happened

Aptiv PLC (NYSE:APTV)’s stock price dropped 6% during mid-day trading on Friday . The company traded as low as $77.87 and last traded at $77.6350. Approximately 2,649,530 shares were traded during trading, an increase of 7% from the average daily volume of 2,485,711 shares. The stock had previously closed at $82.61.

Analyst Upgrades and Downgrades

APTV has been the subject of several recent analyst reports. BNP Paribas Exane lifted their target price on shares of Aptiv from $100.00 to $107.00 in a report on Friday, November 21st. Wall Street Zen upgraded shares of Aptiv from a “buy” rating to a “strong-buy” rating in a report on Saturday, January 3rd. Robert W. Baird increased their target price on Aptiv from $97.00 to $105.00 and gave the company an “outperform” rating in a research note on Wednesday, October 8th. Weiss Ratings restated a “hold (c-)” rating on shares of Aptiv in a research note on Monday, December 29th. Finally, Evercore ISI increased their price objective on Aptiv from $95.00 to $100.00 and gave the company an “outperform” rating in a research report on Monday, November 24th. Four analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $99.05.

Aptiv Stock Down 4.9%

The company’s 50 day moving average price is $78.69 and its two-hundred day moving average price is $78.16. The company has a current ratio of 1.79, a quick ratio of 1.26 and a debt-to-equity ratio of 0.80. The firm has a market cap of $16.98 billion, a PE ratio of 62.36, a PEG ratio of 0.96 and a beta of 1.50.

Aptiv (NYSE:APTV) last posted its quarterly earnings data on Thursday, October 30th. The auto parts company reported $2.17 EPS for the quarter, topping the consensus estimate of $1.81 by $0.36. The firm had revenue of $5.21 billion for the quarter, compared to the consensus estimate of $5.05 billion. Aptiv had a return on equity of 18.51% and a net margin of 1.46%.The business’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same quarter last year, the company earned $1.83 earnings per share. Aptiv has set its FY 2025 guidance at 7.550-7.850 EPS and its Q4 2025 guidance at 1.600-1.900 EPS. On average, equities research analysts expect that Aptiv PLC will post 7.2 EPS for the current fiscal year.

Insider Buying and Selling at Aptiv

In other Aptiv news, EVP Katherine H. Ramundo sold 5,000 shares of the stock in a transaction that occurred on Thursday, January 8th. The shares were sold at an average price of $85.00, for a total transaction of $425,000.00. Following the completion of the sale, the executive vice president directly owned 116,959 shares of the company’s stock, valued at $9,941,515. This trade represents a 4.10% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.45% of the stock is currently owned by company insiders.

Institutional Trading of Aptiv

Several institutional investors have recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC raised its holdings in shares of Aptiv by 2.9% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 2,915,906 shares of the auto parts company’s stock worth $228,724,000 after buying an additional 81,492 shares during the period. Polianta Ltd purchased a new stake in Aptiv in the fourth quarter worth $1,506,000. Exchange Traded Concepts LLC lifted its position in shares of Aptiv by 21.9% during the fourth quarter. Exchange Traded Concepts LLC now owns 179,426 shares of the auto parts company’s stock worth $13,653,000 after purchasing an additional 32,179 shares during the last quarter. Czech National Bank boosted its stake in shares of Aptiv by 3.0% during the fourth quarter. Czech National Bank now owns 56,977 shares of the auto parts company’s stock valued at $4,335,000 after purchasing an additional 1,670 shares during the period. Finally, SG Americas Securities LLC grew its holdings in shares of Aptiv by 1,002.5% in the fourth quarter. SG Americas Securities LLC now owns 110,426 shares of the auto parts company’s stock worth $8,402,000 after purchasing an additional 100,410 shares during the last quarter. Institutional investors 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.