Teacher Retirement System of Texas Increases Stock Position in Aptiv PLC $APTV

Teacher Retirement System of Texas increased its position in shares of Aptiv PLC (NYSE:APTV) by 259.5% during the 3rd quarter, Holdings Channel reports. The firm owned 125,396 shares of the auto parts company’s stock after purchasing an additional 90,514 shares during the quarter. Teacher Retirement System of Texas’ holdings in Aptiv were worth $10,812,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. True Wealth Design LLC lifted its position in shares of Aptiv by 83.8% during the 2nd quarter. True Wealth Design LLC now owns 397 shares of the auto parts company’s stock worth $27,000 after buying an additional 181 shares in the last quarter. Geneos Wealth Management Inc. grew its holdings in shares of Aptiv by 452.3% in the first 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. Root Financial Partners LLC purchased a new stake in shares of Aptiv during the third quarter valued at approximately $31,000. Allworth Financial LP increased its position 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 valued at $38,000 after acquiring an additional 357 shares during the last quarter. Finally, Cromwell Holdings LLC boosted its position in Aptiv by 4,035.7% in the second quarter. Cromwell Holdings LLC now owns 579 shares of the auto parts company’s stock worth $39,000 after purchasing an additional 565 shares during the last quarter. 94.21% of the stock is owned by institutional investors.

Insider Activity

In related 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 transaction of $425,000.00. Following the sale, the executive vice president directly owned 116,959 shares in the company, valued at approximately $9,941,515. The trade was a 4.10% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.45% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on APTV shares. Wells Fargo & Company decreased their target price on Aptiv from $100.00 to $99.00 and set an “overweight” rating for the company in a research report on Tuesday, December 9th. Robert W. Baird increased their price target 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. Citigroup started coverage on shares of Aptiv in a research report on Friday, October 10th. They issued a “buy” rating and a $109.00 price objective on the stock. Morgan Stanley set a $84.00 target price on shares of Aptiv and gave the company an “equal weight” rating in a research report on Monday, December 8th. Finally, Piper Sandler upgraded shares of Aptiv from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $87.00 to $103.00 in a research note on Thursday, January 8th. Three analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, Aptiv currently has a consensus rating of “Moderate Buy” and a consensus target price of $99.48.

Aptiv Price Performance

APTV opened at $76.43 on Monday. The firm has a 50-day moving average price of $78.25 and a 200-day moving average price of $78.54. Aptiv PLC has a twelve month low of $47.19 and a twelve month high of $88.93. The company has a quick ratio of 1.26, a current ratio of 1.79 and a debt-to-equity ratio of 0.80. The company has a market capitalization of $16.52 billion, a price-to-earnings ratio of 60.66, a PEG ratio of 0.93 and a beta of 1.50.

Aptiv (NYSE:APTV) last released its quarterly earnings data on Thursday, October 30th. The auto parts company reported $2.17 EPS for the quarter, topping 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 company had revenue of $5.21 billion during the quarter, compared to the consensus estimate of $5.05 billion. During the same period last year, the firm earned $1.83 EPS. Aptiv’s revenue for the quarter 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. Equities 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.