Barclays Cuts Aptiv (NYSE:APTV) Price Target to $73.00

Aptiv (NYSE:APTV) had its price objective decreased by Barclays from $77.00 to $73.00 in a research report sent to investors on Wednesday morning, Marketbeat Ratings reports. Barclays currently has an overweight rating on the auto parts company’s stock.

A number of other analysts have also issued reports on APTV. TD Cowen dropped their price objective on shares of Aptiv from $93.00 to $90.00 and set a “buy” rating on the stock in a research note on Wednesday, April 15th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $84.00 price objective on shares of Aptiv in a research note on Monday, April 27th. Piper Sandler lifted their price target on shares of Aptiv from $103.00 to $106.00 in a research note on Tuesday, February 3rd. HSBC dropped their price target on shares of Aptiv from $81.32 to $75.00 and set a “buy” rating on the stock in a research note on Monday, April 27th. Finally, BNP Paribas Exane decreased their price target on shares of Aptiv from $107.00 to $83.00 and set an “outperform” rating for the company in a report on Tuesday, April 14th. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Aptiv presently has an average rating of “Moderate Buy” and a consensus price target of $86.51.

Aptiv Stock Performance

Shares of APTV stock opened at $57.94 on Wednesday. The company’s fifty day simple moving average is $65.39 and its 200-day simple moving average is $74.80. Aptiv has a 52 week low of $52.38 and a 52 week high of $88.93. The company has a current ratio of 2.11, a quick ratio of 1.23 and a debt-to-equity ratio of 0.98. The company has a market cap of $12.26 billion, a PE ratio of 34.28, a P/E/G ratio of 1.07 and a beta of 1.42.

Aptiv (NYSE:APTV) last issued its earnings results on Tuesday, May 5th. The auto parts company reported $1.71 EPS for the quarter, beating analysts’ consensus estimates of $1.62 by $0.09. Aptiv had a net margin of 1.77% and a return on equity of 17.83%. The business had revenue of $5.09 billion for the quarter, compared to the consensus estimate of $5.03 billion. During the same quarter last year, the firm posted $1.69 EPS. The business’s revenue for the quarter was up 5.4% compared to the same quarter last year. Aptiv has set its FY 2026 guidance at 5.700-6.100 EPS and its Q2 2026 guidance at 1.300-1.500 EPS. As a group, equities research analysts anticipate that Aptiv will post 5.9 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of APTV. NewEdge Advisors LLC boosted its stake in Aptiv by 502.1% during the 1st quarter. NewEdge Advisors LLC now owns 15,557 shares of the auto parts company’s stock valued at $926,000 after purchasing an additional 12,973 shares during the period. Woodline Partners LP boosted its stake in Aptiv by 439.2% during the 1st quarter. Woodline Partners LP now owns 76,109 shares of the auto parts company’s stock valued at $4,528,000 after purchasing an additional 61,994 shares during the period. Focus Partners Wealth boosted its stake in Aptiv by 110.7% during the 1st quarter. Focus Partners Wealth now owns 9,511 shares of the auto parts company’s stock valued at $566,000 after purchasing an additional 4,998 shares during the period. Geneos Wealth Management Inc. boosted its stake in Aptiv by 452.3% during 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. Finally, EverSource Wealth Advisors LLC boosted its stake in Aptiv by 523.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,561 shares of the auto parts company’s stock valued at $175,000 after purchasing an additional 2,150 shares during the period. 94.21% of the stock is owned by institutional investors and hedge funds.

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.