Northern Trust Corp grew its holdings in Aptiv PLC (NYSE:APTV) by 1.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,025,128 shares of the auto parts company’s stock after purchasing an additional 30,177 shares during the period. Northern Trust Corp owned approximately 1.18% of Aptiv worth $244,521,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of APTV. Thor Advisors LLC purchased a new position in Aptiv during the first quarter valued at approximately $33,000. Botty Investors LLC purchased a new position in shares of Aptiv in the first quarter worth $40,000. Cornerstone Advisors Inc. raised its holdings in shares of Aptiv by 30.6% in the second quarter. Cornerstone Advisors Inc. now owns 692 shares of the auto parts company’s stock worth $56,000 after buying an additional 162 shares during the last quarter. Signaturefd LLC lifted its stake in shares of Aptiv by 22.0% during the first quarter. Signaturefd LLC now owns 1,016 shares of the auto parts company’s stock worth $81,000 after buying an additional 183 shares during the period. Finally, Huntington National Bank lifted its stake in shares of Aptiv by 25.0% during the second quarter. Huntington National Bank now owns 1,095 shares of the auto parts company’s stock worth $88,000 after buying an additional 219 shares during the period. 95.44% of the stock is currently owned by institutional investors.

Shares of Aptiv stock traded up $0.01 during trading hours on Wednesday, reaching $90.77. The stock had a trading volume of 40,795 shares, compared to its average volume of 897,018. The stock’s 50 day moving average is $83.26 and its 200 day moving average is $80.59. The company has a current ratio of 1.22, a quick ratio of 0.89 and a debt-to-equity ratio of 1.16. Aptiv PLC has a twelve month low of $58.80 and a twelve month high of $92.98. The firm has a market capitalization of $23.14 billion, a PE ratio of 17.21, a PEG ratio of 1.59 and a beta of 2.08.

Aptiv (NYSE:APTV) last posted its earnings results on Wednesday, July 31st. The auto parts company reported $1.33 EPS for the quarter, beating the Zacks’ consensus estimate of $1.13 by $0.20. Aptiv had a return on equity of 34.92% and a net margin of 6.86%. The firm had revenue of $3.63 billion for the quarter, compared to analysts’ expectations of $3.64 billion. During the same period last year, the firm earned $1.40 EPS. The company’s quarterly revenue was down 1.5% on a year-over-year basis. As a group, sell-side analysts predict that Aptiv PLC will post 5.11 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 21st. Shareholders of record on Wednesday, August 7th were issued a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 0.97%. The ex-dividend date was Tuesday, August 6th. Aptiv’s payout ratio is currently 16.73%.

Several equities analysts recently issued reports on APTV shares. Citigroup upped their target price on Aptiv from $90.00 to $102.00 and gave the company a “buy” rating in a research report on Thursday, August 1st. Cowen raised their target price on shares of Aptiv from $95.00 to $102.00 and gave the stock a “top pick” rating in a report on Thursday, August 1st. Credit Suisse Group boosted their target price on shares of Aptiv from $90.00 to $96.00 and gave the company an “outperform” rating in a research report on Thursday, August 1st. Robert W. Baird upped their price target on shares of Aptiv from $96.00 to $99.00 and gave the company an “outperform” rating in a report on Thursday, August 1st. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a $108.00 price target (up from $99.00) on shares of Aptiv in a research report on Thursday, August 1st. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, seventeen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $92.25.

In other news, CAO Allan J. Brazier sold 4,752 shares of the business’s stock in a transaction that occurred on Monday, September 9th. The stock was sold at an average price of $90.00, for a total value of $427,680.00. 0.40% of the stock is currently owned by company insiders.

Aptiv Company Profile

Aptiv PLC, together with its subsidiaries, designs and manufacturers vehicle components, and provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets worldwide. It operates through two segment, Signal and Power Solutions, and Advanced Safety and User Experience.

Read More: Inflation

Institutional Ownership by Quarter for Aptiv (NYSE:APTV)

Receive News & Ratings for Aptiv Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aptiv and related companies with MarketBeat.com's FREE daily email newsletter.