New York State Teachers Retirement System Has $18.59 Million Position in Aptiv PLC $APTV

New York State Teachers Retirement System boosted its holdings in shares of Aptiv PLC (NYSE:APTV) by 9.5% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 215,586 shares of the auto parts company’s stock after acquiring an additional 18,767 shares during the period. New York State Teachers Retirement System’s holdings in Aptiv were worth $18,588,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. True Wealth Design LLC grew its holdings in shares of Aptiv by 83.8% during the second quarter. True Wealth Design LLC now owns 397 shares of the auto parts company’s stock valued at $27,000 after buying an additional 181 shares during the last quarter. Geneos Wealth Management Inc. lifted its position in Aptiv by 452.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 486 shares of the auto parts company’s stock valued at $29,000 after acquiring an additional 398 shares in the last quarter. Allworth Financial LP lifted its position in Aptiv by 175.9% in the 2nd quarter. Allworth Financial LP now owns 560 shares of the auto parts company’s stock valued at $38,000 after acquiring an additional 357 shares in the last quarter. Cromwell Holdings LLC increased its holdings in Aptiv by 4,035.7% during the 2nd quarter. Cromwell Holdings LLC now owns 579 shares of the auto parts company’s stock worth $39,000 after purchasing an additional 565 shares in the last quarter. Finally, MUFG Securities EMEA plc bought a new stake in Aptiv during the 2nd quarter worth approximately $44,000. 94.21% of the stock is owned by institutional investors.

Insider Transactions at Aptiv

In other Aptiv news, EVP Katherine H. Ramundo sold 5,000 shares of the business’s stock in a transaction on Thursday, January 8th. The stock was sold at an average price of $85.00, for a total value of $425,000.00. Following the sale, the executive vice president directly owned 116,959 shares in the company, valued at $9,941,515. The trade was a 4.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.45% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several research analysts recently issued reports on the company. UBS Group lifted their target price on Aptiv from $75.00 to $94.00 and gave the company a “neutral” rating in a research report on Monday, October 6th. Citigroup initiated coverage on shares of Aptiv in a report on Friday, October 10th. They set a “buy” rating and a $109.00 price objective on the stock. Oppenheimer set a $94.00 target price on shares of Aptiv and gave the company an “outperform” rating in a report on Friday, October 31st. BNP Paribas Exane raised their price target on shares of Aptiv from $100.00 to $107.00 in a research report on Friday, November 21st. Finally, Evercore ISI upped their price objective on shares of Aptiv from $95.00 to $100.00 and gave the stock an “outperform” rating in a research report on Monday, November 24th. Four research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $98.67.

Aptiv Price Performance

APTV opened at $88.27 on Wednesday. Aptiv PLC has a fifty-two week low of $47.19 and a fifty-two week high of $88.93. The firm has a 50-day moving average of $78.70 and a 200 day moving average of $78.10. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.26 and a current ratio of 1.79. The firm has a market cap of $19.07 billion, a P/E ratio of 70.06, a PEG ratio of 1.01 and a beta of 1.50.

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

Aptiv 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.