Argus Issues Positive Forecast for Aptiv (NYSE:APTV) Stock Price

Aptiv (NYSE:APTV) had its target price boosted by Argus from $78.00 to $99.00 in a research report report published on Monday morning,MarketScreener reports.

Several other research analysts also recently commented on APTV. Bank of America boosted their price objective on shares of Aptiv from $85.00 to $95.00 and gave the company a “buy” rating in a research report on Wednesday, September 10th. Daiwa Capital Markets lifted their price target on Aptiv from $79.00 to $100.00 and gave the company an “outperform” rating in a research note on Wednesday, October 1st. Robert W. Baird upped their price objective on Aptiv from $97.00 to $105.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 8th. Weiss Ratings reiterated a “hold (c)” rating on shares of Aptiv in a research report on Wednesday, October 8th. Finally, Barclays raised Aptiv from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $85.00 to $105.00 in a research note on Friday, September 12th. Three research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $94.79.

Aptiv Price Performance

APTV stock traded down $0.12 during midday trading on Monday, reaching $82.44. The company had a trading volume of 225,293 shares, compared to its average volume of 2,768,213. Aptiv has a 1-year low of $47.19 and a 1-year high of $88.80. The stock has a 50 day moving average price of $83.80 and a 200-day moving average price of $73.91. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.79 and a quick ratio of 1.26. The company has a market capitalization of $17.81 billion, a price-to-earnings ratio of 65.62, a price-to-earnings-growth ratio of 0.85 and a beta of 1.58.

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

Insider Buying and Selling

In other news, CAO Allan J. Brazier sold 1,000 shares of Aptiv stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $85.00, for a total transaction of $85,000.00. Following the sale, the chief accounting officer directly owned 49,820 shares of the company’s stock, valued at approximately $4,234,700. This trade represents a 1.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.45% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in APTV. Goldman Sachs Group Inc. lifted its holdings in Aptiv by 242.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 8,560,781 shares of the auto parts company’s stock worth $509,366,000 after buying an additional 6,062,438 shares during the period. Nordea Investment Management AB lifted its stake in shares of Aptiv by 14,336.5% in the third quarter. Nordea Investment Management AB now owns 3,411,780 shares of the auto parts company’s stock worth $291,127,000 after acquiring an additional 3,388,147 shares during the period. Boston Partners bought a new stake in Aptiv in the second quarter valued at approximately $220,911,000. Norges Bank acquired a new stake in Aptiv during the 2nd quarter valued at approximately $187,652,000. Finally, AustralianSuper Pty Ltd bought a new position in Aptiv during the 1st quarter worth approximately $117,260,000. Institutional investors own 94.21% of the company’s stock.

About Aptiv

Aptiv PLC engages in design, manufacture, and sale of vehicle components in North America, Europe, Middle East, Africa, the Asia Pacific, South America, and internationally. The company provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets. It operates through two segments, Signal and Power Solutions, and Advanced Safety and User Experience.