Cromwell Holdings LLC raised its holdings in shares of Aptiv PLC (NYSE:APTV – Free Report) by 4,035.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 579 shares of the auto parts company’s stock after acquiring an additional 565 shares during the quarter. Cromwell Holdings LLC’s holdings in Aptiv were worth $39,000 as of its most recent SEC filing.
Several other large investors have also made changes to their positions in APTV. Versant Capital Management Inc raised its stake in Aptiv by 201.7% during the 1st quarter. Versant Capital Management Inc now owns 703 shares of the auto parts company’s stock valued at $42,000 after purchasing an additional 470 shares during the period. Parallel Advisors LLC grew its holdings in Aptiv by 78.6% during the 1st quarter. Parallel Advisors LLC now owns 1,679 shares of the auto parts company’s stock valued at $100,000 after buying an additional 739 shares in the last quarter. UMB Bank n.a. bought a new stake in shares of Aptiv during the first quarter valued at approximately $48,000. Washington Capital Management Inc. lifted its holdings in shares of Aptiv by 139.2% in the first quarter. Washington Capital Management Inc. now owns 13,275 shares of the auto parts company’s stock worth $790,000 after buying an additional 7,725 shares in the last quarter. Finally, Park Avenue Securities LLC purchased a new position in shares of Aptiv in the first quarter worth $397,000. 94.21% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several research firms recently weighed in on APTV. Royal Bank Of Canada raised their target price on shares of Aptiv from $85.00 to $92.00 and gave the company an “outperform” rating in a research note on Tuesday, August 5th. Morgan Stanley raised their price objective on Aptiv from $55.00 to $60.00 and gave the company an “underweight” rating in a research report on Tuesday, August 12th. Barclays raised Aptiv from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $85.00 to $105.00 in a report on Friday, September 12th. UBS Group increased their price target on Aptiv from $66.00 to $75.00 and gave the company a “neutral” rating in a research note on Monday, July 14th. Finally, Wolfe Research downgraded Aptiv from an “outperform” rating to a “peer perform” rating in a research note on Wednesday, July 2nd. Three analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $86.63.
Aptiv Stock Up 0.7%
NYSE APTV opened at $88.00 on Friday. The company has a quick ratio of 1.24, a current ratio of 1.76 and a debt-to-equity ratio of 0.79. Aptiv PLC has a 52 week low of $47.19 and a 52 week high of $88.24. The firm has a market capitalization of $19.16 billion, a price-to-earnings ratio of 20.14, a PEG ratio of 0.97 and a beta of 1.55. The company has a fifty day moving average of $77.99 and a two-hundred day moving average of $68.52.
Aptiv (NYSE:APTV – Get Free Report) last released its earnings results on Thursday, July 31st. The auto parts company reported $2.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.83 by $0.29. The firm had revenue of $5.21 billion during the quarter, compared to analyst estimates of $5.02 billion. Aptiv had a net margin of 5.12% and a return on equity of 18.46%. The business’s revenue was up 3.1% on a year-over-year basis. During the same quarter last year, the business earned $1.58 EPS. Aptiv has set its FY 2025 guidance at 7.300-7.600 EPS. Q3 2025 guidance at 1.600-1.800 EPS. On average, analysts predict that Aptiv PLC will post 7.2 earnings per share for the current year.
Insider Activity at Aptiv
In other news, CAO Allan J. Brazier sold 1,000 shares of the stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $85.00, for a total value of $85,000.00. Following the sale, the chief accounting officer directly owned 49,820 shares in the company, valued at approximately $4,234,700. This represents a 1.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.45% of the company’s stock.
Aptiv 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.
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