Aptiv (NYSE:APTV – Get Free Report) had its price target boosted by investment analysts at Deutsche Bank Aktiengesellschaft from $104.00 to $105.00 in a research report issued to clients and investors on Wednesday,MarketScreener reports. The firm currently has a “buy” rating on the auto parts company’s stock. Deutsche Bank Aktiengesellschaft’s target price indicates a potential upside of 29.84% from the stock’s current price.
A number of other equities analysts have also recently weighed in on the company. Wells Fargo & Company decreased their price target on Aptiv from $100.00 to $99.00 and set an “overweight” rating for the company in a report on Tuesday, December 9th. Weiss Ratings restated a “hold (c-)” rating on shares of Aptiv in a research note on Monday, December 29th. UBS Group lifted their price target on shares of Aptiv from $94.00 to $99.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 14th. Zacks Research raised shares of Aptiv from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 9th. Finally, TD Cowen reaffirmed a “buy” rating on shares of Aptiv in a research report on Friday, October 31st. Three analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, Aptiv has a consensus rating of “Moderate Buy” and a consensus target price of $99.48.
Read Our Latest Report on Aptiv
Aptiv Price Performance
Aptiv (NYSE:APTV – Get Free Report) last announced its quarterly earnings results on Thursday, October 30th. The auto parts company reported $2.17 earnings per share for the quarter, topping analysts’ consensus estimates of $1.81 by $0.36. The firm had revenue of $5.21 billion during the quarter, compared to analysts’ expectations of $5.05 billion. Aptiv had a net margin of 1.46% and a return on equity of 18.51%. The firm’s revenue was up 7.4% on a year-over-year basis. During the same period in the prior year, the company earned $1.83 EPS. Aptiv has set its FY 2025 guidance at 7.550-7.850 EPS and its Q4 2025 guidance at 1.600-1.900 EPS. As a group, sell-side analysts expect that Aptiv will post 7.2 EPS for the current year.
Insider Buying and Selling at Aptiv
In related news, EVP Katherine H. Ramundo sold 5,000 shares of the firm’s stock in a transaction on Thursday, January 8th. The stock was sold at an average price of $85.00, for a total transaction of $425,000.00. Following the transaction, the executive vice president directly owned 116,959 shares in the company, valued at $9,941,515. This trade represents a 4.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.45% of the company’s stock.
Hedge Funds Weigh In On Aptiv
A number of large investors have recently made changes to their positions in APTV. NewEdge Advisors LLC grew its position in Aptiv by 502.1% during the first 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 in the last quarter. Woodline Partners LP grew its holdings in shares of 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 acquiring an additional 61,994 shares in the last quarter. Focus Partners Wealth increased its stake in shares of Aptiv by 110.7% in the first quarter. Focus Partners Wealth now owns 9,511 shares of the auto parts company’s stock worth $566,000 after acquiring an additional 4,998 shares during the last quarter. Geneos Wealth Management Inc. boosted its position in Aptiv by 452.3% during the first 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 last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its stake in Aptiv by 144.0% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 33,774 shares of the auto parts company’s stock valued at $2,451,000 after purchasing an additional 19,931 shares in the last quarter. Institutional investors and hedge funds own 94.21% of the company’s stock.
Aptiv Company Profile
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.
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