Aptiv (NYSE:APTV) Now Covered by Analysts at Citigroup

Stock analysts at Citigroup began coverage on shares of Aptiv (NYSE:APTV) in a research report issued on Friday, MarketBeat reports. The firm set a “buy” rating and a $109.00 price target on the auto parts company’s stock. Citigroup’s price target indicates a potential upside of 35.07% from the company’s current price.

APTV has been the subject of several other reports. Oppenheimer raised their price objective on Aptiv from $88.00 to $92.00 and gave the company an “outperform” rating in a research note on Thursday, September 11th. Barclays raised Aptiv from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $85.00 to $105.00 in a research report on Friday, September 12th. Bank of America raised their price target on Aptiv from $85.00 to $95.00 and gave the stock a “buy” rating in a research report on Wednesday, September 10th. JPMorgan Chase & Co. raised their price target on Aptiv from $85.00 to $90.00 and gave the stock an “overweight” rating in a research report on Friday, August 1st. Finally, TD Cowen raised their price target on Aptiv from $94.00 to $104.00 and gave the stock a “buy” rating in a research report on Thursday. Four research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Aptiv currently has an average rating of “Moderate Buy” and a consensus target price of $90.88.

Aptiv Stock Performance

NYSE APTV opened at $80.70 on Friday. Aptiv has a 1-year low of $47.19 and a 1-year high of $88.80. The company has a market capitalization of $17.57 billion, a P/E ratio of 18.47, a PEG ratio of 0.92 and a beta of 1.55. The business has a 50 day moving average price of $79.62 and a 200 day moving average price of $69.24. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.76 and a quick ratio of 1.24.

Aptiv (NYSE:APTV) last released its quarterly earnings data on Thursday, July 31st. The auto parts company reported $2.12 earnings per share for the quarter, beating the consensus estimate of $1.83 by $0.29. Aptiv had a return on equity of 18.46% and a net margin of 5.12%.The firm had revenue of $5.21 billion during the quarter, compared to the consensus estimate of $5.02 billion. During the same period last year, the business posted $1.58 EPS. Aptiv’s quarterly revenue was up 3.1% on a year-over-year basis. Aptiv has set its FY 2025 guidance at 7.300-7.600 EPS. Q3 2025 guidance at 1.600-1.800 EPS. Sell-side analysts expect that Aptiv will post 7.2 EPS for the current fiscal year.

Insider Activity

In other news, CAO Allan J. Brazier sold 1,000 shares of the firm’s stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $85.00, for a total transaction of $85,000.00. Following the sale, the chief accounting officer owned 49,820 shares in the company, valued at $4,234,700. This trade represents a 1.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.45% of the stock is owned by company insiders.

Institutional Investors Weigh In On Aptiv

Several hedge funds have recently made changes to their positions in APTV. Goldman Sachs Group Inc. boosted its holdings in shares of Aptiv by 242.7% during the first quarter. Goldman Sachs Group Inc. now owns 8,560,781 shares of the auto parts company’s stock worth $509,366,000 after purchasing an additional 6,062,438 shares during the last quarter. Boston Partners purchased a new stake in Aptiv during the second quarter valued at about $220,911,000. Norges Bank purchased a new stake in Aptiv during the second quarter valued at about $187,652,000. AustralianSuper Pty Ltd purchased a new stake in Aptiv during the first quarter valued at about $117,260,000. Finally, Pacer Advisors Inc. grew its position in Aptiv by 5,379.7% during the first quarter. Pacer Advisors Inc. now owns 1,907,379 shares of the auto parts company’s stock valued at $113,489,000 after acquiring an additional 1,872,571 shares during the period. Institutional investors and hedge funds own 94.21% of the company’s stock.

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.