Strs Ohio Increases Stock Position in Aptiv PLC $APTV

Strs Ohio raised its stake in shares of Aptiv PLC (NYSE:APTV) by 16.2% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 559,194 shares of the auto parts company’s stock after purchasing an additional 77,983 shares during the period. Strs Ohio owned 0.26% of Aptiv worth $48,214,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Norges Bank bought a new stake in shares of Aptiv in the 2nd quarter worth about $187,652,000. Fjarde AP Fonden Fourth Swedish National Pension Fund raised its position in Aptiv by 1,259.2% in the 3rd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 135,359 shares of the auto parts company’s stock worth $11,671,000 after purchasing an additional 125,400 shares during the period. Hudson Bay Capital Management LP lifted its stake in Aptiv by 73.8% in the second quarter. Hudson Bay Capital Management LP now owns 61,009 shares of the auto parts company’s stock worth $4,162,000 after purchasing an additional 25,909 shares during the last quarter. BDF Gestion lifted its stake in Aptiv by 205.8% in the third quarter. BDF Gestion now owns 26,746 shares of the auto parts company’s stock worth $2,306,000 after purchasing an additional 18,000 shares during the last quarter. Finally, Dynasty Wealth Management LLC purchased a new position in shares of Aptiv during the third quarter valued at approximately $573,000. 94.21% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Aptiv news, EVP Katherine H. Ramundo sold 5,000 shares of the 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 sale, the executive vice president owned 116,959 shares of the company’s stock, valued at approximately $9,941,515. This trade represents a 4.10% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.45% of the stock is currently owned by corporate insiders.

Aptiv Stock Down 1.4%

NYSE:APTV opened at $76.43 on Friday. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.79 and a quick ratio of 1.26. Aptiv PLC has a 1-year low of $47.19 and a 1-year high of $88.93. The company has a 50-day moving average of $78.25 and a 200 day moving average of $78.44. The firm has a market cap of $16.52 billion, a PE ratio of 60.66, a price-to-earnings-growth ratio of 0.90 and a beta of 1.50.

Aptiv (NYSE:APTV) last posted its quarterly earnings results on Thursday, October 30th. The auto parts company reported $2.17 EPS for the quarter, beating the consensus estimate of $1.81 by $0.36. Aptiv had a net margin of 1.46% and a return on equity of 18.51%. The business had revenue of $5.21 billion during the quarter, compared to analyst estimates of $5.05 billion. During the same quarter in the previous year, the business posted $1.83 EPS. The company’s quarterly 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 and its Q4 2025 guidance at 1.600-1.900 EPS. As a group, research analysts anticipate that Aptiv PLC will post 7.2 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

APTV has been the subject of a number of research analyst reports. US Capital Advisors set a $110.00 price target on Aptiv in a research note on Tuesday, January 13th. Fox Advisors upgraded Aptiv from an “equal weight” rating to an “overweight” rating and set a $110.00 target price for the company in a research report on Tuesday, January 13th. UBS Group upped their price target on shares of Aptiv from $94.00 to $99.00 and gave the stock a “neutral” rating in a report on Wednesday, January 14th. Zacks Research raised shares of Aptiv from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 9th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Aptiv from $90.00 to $105.00 and gave the company an “overweight” rating in a research report on Monday, October 20th. Three equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, Aptiv currently has a consensus rating of “Moderate Buy” and a consensus price target of $99.48.

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.