Global Retirement Partners LLC Makes New $285,000 Investment in Aptiv PLC $APTV

Global Retirement Partners LLC purchased a new stake in Aptiv PLC (NYSE:APTV) in the 2nd quarter, Holdings Channel.com reports. The institutional investor purchased 4,181 shares of the auto parts company’s stock, valued at approximately $285,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in APTV. Zions Bancorporation National Association UT bought a new stake in Aptiv in the 1st quarter valued at $26,000. True Wealth Design LLC raised its stake in shares of Aptiv by 83.8% in the 2nd quarter. True Wealth Design LLC now owns 397 shares of the auto parts company’s stock valued at $27,000 after purchasing an additional 181 shares during the period. 1248 Management LLC bought a new stake in shares of Aptiv in the first quarter valued at about $28,000. Geneos Wealth Management Inc. boosted its position in shares of Aptiv by 452.3% during the first quarter. Geneos Wealth Management Inc. now owns 486 shares of the auto parts company’s stock worth $29,000 after buying an additional 398 shares during the period. Finally, Allworth Financial LP grew its holdings in shares of Aptiv by 175.9% during the second quarter. Allworth Financial LP now owns 560 shares of the auto parts company’s stock worth $38,000 after buying an additional 357 shares in the last quarter. 94.21% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Aptiv news, CAO Allan J. Brazier sold 1,000 shares of the firm’s stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $85.00, for a total transaction of $85,000.00. Following the completion of the sale, the chief accounting officer owned 49,820 shares of the company’s stock, valued at $4,234,700. This trade represents a 1.97% decrease in their position. 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.

Analyst Upgrades and Downgrades

Several research firms have commented on APTV. Barclays upgraded Aptiv from an “equal weight” rating to an “overweight” rating and boosted their target price for the company from $85.00 to $105.00 in a research note on Friday, September 12th. Citigroup began coverage on shares of Aptiv in a report on Friday, October 10th. They issued a “buy” rating and a $109.00 price objective on the stock. Cowen restated a “buy” rating on shares of Aptiv in a report on Friday, October 31st. Robert W. Baird raised their target price on shares of Aptiv from $97.00 to $105.00 and gave the company an “outperform” rating in a research report on Wednesday, October 8th. Finally, Wells Fargo & Company cut their price target on shares of Aptiv from $106.00 to $100.00 and set an “overweight” rating on the stock in a research report on Friday, October 31st. Three equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Aptiv presently has a consensus rating of “Moderate Buy” and an average price target of $95.42.

Aptiv Stock Down 0.8%

Shares of APTV stock opened at $76.89 on Tuesday. Aptiv PLC has a 52-week low of $47.19 and a 52-week high of $88.80. The stock has a market cap of $16.62 billion, a price-to-earnings ratio of 61.03, a PEG ratio of 0.79 and a beta of 1.51. The firm’s 50-day moving average is $82.12 and its 200-day moving average is $75.59. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.26 and a current ratio of 1.79.

Aptiv (NYSE:APTV) 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. Aptiv had a return on equity of 18.51% and a net margin of 1.46%.The firm had revenue of $5.21 billion for the quarter, compared to the consensus estimate of $5.05 billion. During the same quarter in the previous year, the business earned $1.83 earnings per share. The business’s revenue was up 7.4% compared to the same quarter last year. Aptiv has set its FY 2025 guidance at 7.550-7.850 EPS. Q4 2025 guidance at 1.600-1.900 EPS. Sell-side analysts predict that Aptiv PLC will post 7.2 EPS for the current year.

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.