Aptiv PLC (NYSE:APTV) Shares Bought by New York State Common Retirement Fund

New York State Common Retirement Fund boosted its holdings in shares of Aptiv PLC (NYSE:APTV) by 0.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 331,425 shares of the auto parts company’s stock after acquiring an additional 625 shares during the period. New York State Common Retirement Fund owned about 0.12% of Aptiv worth $29,735,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. CWM LLC grew its holdings in shares of Aptiv by 16.7% during the third quarter. CWM LLC now owns 5,784 shares of the auto parts company’s stock worth $570,000 after buying an additional 828 shares in the last quarter. Strategic Blueprint LLC grew its holdings in Aptiv by 7.4% in the third quarter. Strategic Blueprint LLC now owns 3,290 shares of the auto parts company’s stock valued at $324,000 after purchasing an additional 228 shares during the period. Caprock Group LLC grew its holdings in Aptiv by 7.6% in the third quarter. Caprock Group LLC now owns 6,551 shares of the auto parts company’s stock valued at $646,000 after purchasing an additional 462 shares during the period. Czech National Bank grew its holdings in Aptiv by 54.4% in the third quarter. Czech National Bank now owns 49,431 shares of the auto parts company’s stock valued at $4,873,000 after purchasing an additional 17,409 shares during the period. Finally, Asset Management One Co. Ltd. grew its holdings in Aptiv by 0.3% in the third quarter. Asset Management One Co. Ltd. now owns 110,278 shares of the auto parts company’s stock valued at $10,872,000 after purchasing an additional 368 shares during the period. Institutional investors and hedge funds own 94.21% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on APTV shares. Citigroup lowered their target price on shares of Aptiv from $150.00 to $136.00 and set a “buy” rating for the company in a report on Thursday, February 1st. Piper Sandler reduced their price target on shares of Aptiv from $80.00 to $79.00 and set a “neutral” rating on the stock in a research report on Thursday, February 1st. Royal Bank of Canada reduced their price target on shares of Aptiv from $115.00 to $104.00 and set an “outperform” rating on the stock in a research report on Thursday, February 1st. Guggenheim reduced their price target on shares of Aptiv from $103.00 to $92.00 and set a “buy” rating on the stock in a research report on Wednesday, April 17th. Finally, JPMorgan Chase & Co. reduced their target price on shares of Aptiv from $110.00 to $109.00 and set an “overweight” rating on the stock in a research report on Monday. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $109.93.

Aptiv Trading Down 1.8 %

APTV opened at $70.13 on Friday. The stock has a market capitalization of $19.12 billion, a PE ratio of 6.77, a P/E/G ratio of 0.91 and a beta of 1.90. The firm’s fifty day moving average price is $76.63 and its 200 day moving average price is $81.69. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.72 and a quick ratio of 1.22. Aptiv PLC has a 12-month low of $68.84 and a 12-month high of $113.60.

Aptiv (NYSE:APTV) last posted its quarterly earnings results on Wednesday, January 31st. The auto parts company reported $1.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.29 by $0.11. Aptiv had a net margin of 14.65% and a return on equity of 13.32%. The firm had revenue of $4.92 billion for the quarter, compared to analysts’ expectations of $4.95 billion. As a group, research analysts expect that Aptiv PLC will post 5.62 EPS for the current fiscal year.

Insider Buying and Selling at Aptiv

In other Aptiv news, SVP Benjamin Lyon sold 18,680 shares of the business’s stock in a transaction on Monday, March 11th. The shares were sold at an average price of $77.69, for a total transaction of $1,451,249.20. Following the completion of the sale, the senior vice president now owns 95,211 shares in the company, valued at $7,396,942.59. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.34% of the stock is owned by insiders.

Aptiv Company Profile

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.