Allianz Asset Management GmbH Buys 27,668 Shares of Aptiv PLC $APTV

Allianz Asset Management GmbH increased its holdings in Aptiv PLC (NYSE:APTV) by 109.0% in the second quarter, Holdings Channel.com reports. The firm owned 53,047 shares of the auto parts company’s stock after acquiring an additional 27,668 shares during the period. Allianz Asset Management GmbH’s holdings in Aptiv were worth $3,619,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Zions Bancorporation National Association UT purchased a new stake in shares of Aptiv in the 1st quarter valued at $26,000. 1248 Management LLC purchased a new stake in shares of Aptiv in the 1st quarter valued at $28,000. Geneos Wealth Management Inc. boosted its stake in shares of Aptiv by 452.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 486 shares of the auto parts company’s stock valued at $29,000 after purchasing an additional 398 shares in the last quarter. Cromwell Holdings LLC boosted its stake in shares of Aptiv by 4,035.7% in the 2nd quarter. Cromwell Holdings LLC now owns 579 shares of the auto parts company’s stock valued at $39,000 after purchasing an additional 565 shares in the last quarter. Finally, Mather Group LLC. boosted its stake in shares of Aptiv by 155.2% in the 1st quarter. Mather Group LLC. now owns 633 shares of the auto parts company’s stock valued at $38,000 after purchasing an additional 385 shares in the last quarter. Hedge funds and other institutional investors own 94.21% of the company’s stock.

Insider Transactions at Aptiv

In related news, CAO Allan J. Brazier sold 1,000 shares of Aptiv stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $85.00, for a total transaction of $85,000.00. Following the completion of the transaction, the chief accounting officer directly 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 sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.45% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

APTV has been the subject of several analyst reports. Wells Fargo & Company increased their price target on shares of Aptiv from $103.00 to $106.00 and gave the company an “overweight” rating in a research report on Thursday, September 25th. Royal Bank Of Canada increased their price target on shares of Aptiv from $92.00 to $101.00 and gave the company an “outperform” rating in a research report on Friday, October 10th. Wall Street Zen raised shares of Aptiv from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, September 23rd. Barclays raised shares of Aptiv from an “equal weight” rating to an “overweight” rating and increased their price target for the company from $85.00 to $105.00 in a research report on Friday, September 12th. Finally, JPMorgan Chase & Co. increased their price target on shares of Aptiv from $90.00 to $105.00 and gave the company an “overweight” rating in a research report on Monday. Three investment 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 given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $93.35.

Aptiv Trading Up 0.5%

NYSE:APTV opened at $84.93 on Friday. The company has a 50-day moving average price of $82.38 and a 200-day moving average price of $70.79. Aptiv PLC has a 12 month low of $47.19 and a 12 month high of $88.80. 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 cap of $18.49 billion, a price-to-earnings ratio of 19.44, a P/E/G ratio of 0.92 and a beta of 1.55.

Aptiv (NYSE:APTV) last issued its quarterly earnings results on Thursday, July 31st. The auto parts company reported $2.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.83 by $0.29. Aptiv had a net margin of 5.12% and a return on equity of 18.46%. The company had revenue of $5.21 billion during the quarter, compared to analysts’ expectations of $5.02 billion. During the same period last year, the company posted $1.58 EPS. Aptiv’s 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. Equities analysts predict that Aptiv PLC will post 7.2 EPS for the current year.

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.