New York State Teachers Retirement System Raises Stock Holdings in Aptiv PLC $APTV

New York State Teachers Retirement System lifted its holdings in Aptiv PLC (NYSE:APTV) by 1.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 196,819 shares of the auto parts company’s stock after buying an additional 2,213 shares during the quarter. New York State Teachers Retirement System’s holdings in Aptiv were worth $13,427,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of APTV. Zions Bancorporation National Association UT purchased a new stake in shares of Aptiv in the first quarter worth approximately $26,000. 1248 Management LLC purchased a new stake in shares of Aptiv in the first quarter worth approximately $28,000. Geneos Wealth Management Inc. raised 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 worth $29,000 after buying an additional 398 shares during the period. Mather Group LLC. raised its holdings in shares of Aptiv by 155.2% in the first quarter. Mather Group LLC. now owns 633 shares of the auto parts company’s stock worth $38,000 after buying an additional 385 shares during the period. Finally, Eastern Bank purchased a new stake in shares of Aptiv in the first quarter worth approximately $39,000. 94.21% of the stock is currently owned by hedge funds and other institutional investors.

Aptiv Stock Down 0.8%

Shares of NYSE APTV opened at $82.79 on Friday. The company has a current ratio of 1.76, a quick ratio of 1.24 and a debt-to-equity ratio of 0.79. The stock has a market capitalization of $18.03 billion, a PE ratio of 18.95, a price-to-earnings-growth ratio of 0.90 and a beta of 1.55. The stock’s fifty day simple moving average is $81.36 and its two-hundred day simple moving average is $70.05. Aptiv PLC has a 12-month low of $47.19 and a 12-month high of $88.80.

Aptiv (NYSE:APTV) last announced its earnings results on Thursday, July 31st. The auto parts company reported $2.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.83 by $0.29. The business had revenue of $5.21 billion for the quarter, compared to analysts’ expectations of $5.02 billion. Aptiv had a return on equity of 18.46% and a net margin of 5.12%.The business’s revenue for the quarter was up 3.1% on a year-over-year basis. During the same quarter last year, the firm 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. As a group, analysts expect that Aptiv PLC will post 7.2 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

APTV has been the topic of several research reports. UBS Group raised their price objective on Aptiv from $75.00 to $94.00 and gave the stock a “neutral” rating in a report on Monday, October 6th. TD Cowen raised their price objective on Aptiv from $94.00 to $104.00 and gave the stock a “buy” rating in a report on Thursday, October 9th. Robert W. Baird raised their price objective on Aptiv from $97.00 to $105.00 and gave the stock an “outperform” rating in a report on Wednesday, October 8th. Oppenheimer raised their price objective on Aptiv from $88.00 to $92.00 and gave the stock an “outperform” rating in a report on Thursday, September 11th. Finally, Wall Street Zen upgraded Aptiv from a “buy” rating to a “strong-buy” rating in a report on Tuesday, September 23rd. Three equities research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Aptiv has a consensus rating of “Moderate Buy” and a consensus target price of $92.47.

Insider Buying and Selling at Aptiv

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 value of $85,000.00. Following the completion of the sale, the chief accounting officer owned 49,820 shares of the company’s stock, valued at $4,234,700. This trade represents a 1.97% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.45% 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.