Figure 8 Investment Strategies LLC Has $1.39 Million Stake in Aptiv PLC $APTV

Figure 8 Investment Strategies LLC lowered its holdings in shares of Aptiv PLC (NYSE:APTVFree Report) by 7.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,318 shares of the auto parts company’s stock after selling 1,715 shares during the quarter. Aptiv accounts for about 1.4% of Figure 8 Investment Strategies LLC’s portfolio, making the stock its 29th biggest position. Figure 8 Investment Strategies LLC’s holdings in Aptiv were worth $1,386,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of APTV. Middleton & Co. Inc. MA raised its holdings in Aptiv by 63.1% during the 1st quarter. Middleton & Co. Inc. MA now owns 33,668 shares of the auto parts company’s stock worth $2,003,000 after buying an additional 13,026 shares during the period. Principal Financial Group Inc. raised its holdings in shares of Aptiv by 3.5% during the first quarter. Principal Financial Group Inc. now owns 282,787 shares of the auto parts company’s stock worth $16,826,000 after acquiring an additional 9,552 shares during the period. Crossmark Global Holdings Inc. lifted its position in Aptiv by 89.5% in the 1st quarter. Crossmark Global Holdings Inc. now owns 22,411 shares of the auto parts company’s stock valued at $1,333,000 after acquiring an additional 10,585 shares in the last quarter. GAMMA Investing LLC boosted its stake in Aptiv by 348.2% in the 1st quarter. GAMMA Investing LLC now owns 2,752 shares of the auto parts company’s stock worth $164,000 after purchasing an additional 2,138 shares during the period. Finally, Envestnet Asset Management Inc. increased its holdings in Aptiv by 5.5% during the 1st quarter. Envestnet Asset Management Inc. now owns 303,652 shares of the auto parts company’s stock worth $18,067,000 after purchasing an additional 15,849 shares in the last quarter. Institutional investors own 94.21% of the company’s stock.

Insider Transactions at Aptiv

In other news, CAO Allan J. Brazier sold 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $85.00, for a total value of $85,000.00. Following the completion of the sale, the chief accounting officer directly owned 49,820 shares of the company’s stock, valued at $4,234,700. This trade represents a 1.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 0.45% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

APTV has been the topic of a number of research reports. Royal Bank Of Canada boosted their price target on Aptiv from $85.00 to $92.00 and gave the company an “outperform” rating in a report on Tuesday, August 5th. Wall Street Zen raised Aptiv from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, September 23rd. UBS Group raised their price target on shares of Aptiv from $66.00 to $75.00 and gave the stock a “neutral” rating in a research note on Monday, July 14th. Daiwa Capital Markets lifted their price objective on shares of Aptiv from $79.00 to $100.00 and gave the company an “outperform” rating in a report on Wednesday. Finally, Bank of America increased their target price on shares of Aptiv from $85.00 to $95.00 and gave the stock a “buy” rating in a report on Wednesday, September 10th. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Aptiv presently has a consensus rating of “Moderate Buy” and an average price target of $86.63.

Check Out Our Latest Stock Report on Aptiv

Aptiv Price Performance

Shares of APTV opened at $88.00 on Friday. The company has a current ratio of 1.76, a quick ratio of 1.24 and a debt-to-equity ratio of 0.79. The company’s fifty day simple moving average is $77.99 and its 200 day simple moving average is $68.52. Aptiv PLC has a 1-year low of $47.19 and a 1-year high of $88.24. The company has a market cap of $19.16 billion, a price-to-earnings ratio of 20.14, a PEG ratio of 0.97 and a beta of 1.55.

Aptiv (NYSE:APTVGet Free Report) last announced its quarterly earnings data on Thursday, July 31st. The auto parts company reported $2.12 EPS for the quarter, beating analysts’ consensus estimates of $1.83 by $0.29. The company had revenue of $5.21 billion during the quarter, compared to the consensus estimate of $5.02 billion. Aptiv had a net margin of 5.12% and a return on equity of 18.46%. The company’s quarterly revenue was up 3.1% on a year-over-year basis. During the same quarter last year, the firm posted $1.58 EPS. Aptiv has set its FY 2025 guidance at 7.300-7.600 EPS. Q3 2025 guidance at 1.600-1.800 EPS. On average, research analysts forecast that Aptiv PLC will post 7.2 earnings per share for the current fiscal year.

Aptiv Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Aptiv (NYSE:APTV)

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