Aptiv PLC $APTV Stock Position Reduced by Middleton & Co. Inc. MA

Middleton & Co. Inc. MA decreased its stake in Aptiv PLC (NYSE:APTV) by 2.5% in the second quarter, Holdings Channel reports. The institutional investor owned 32,815 shares of the auto parts company’s stock after selling 853 shares during the quarter. Middleton & Co. Inc. MA’s holdings in Aptiv were worth $2,239,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Principal Financial Group Inc. raised its stake in shares of Aptiv by 3.5% during the 1st quarter. Principal Financial Group Inc. now owns 282,787 shares of the auto parts company’s stock worth $16,826,000 after purchasing an additional 9,552 shares in the last quarter. Crossmark Global Holdings Inc. lifted its position in Aptiv by 89.5% during the 1st quarter. Crossmark Global Holdings Inc. now owns 22,411 shares of the auto parts company’s stock worth $1,333,000 after acquiring an additional 10,585 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of Aptiv by 5.5% during the 1st quarter. Envestnet Asset Management Inc. now owns 303,652 shares of the auto parts company’s stock worth $18,067,000 after purchasing an additional 15,849 shares during the last quarter. Cerity Partners LLC grew its stake in shares of Aptiv by 144.4% in the first quarter. Cerity Partners LLC now owns 31,841 shares of the auto parts company’s stock worth $1,895,000 after acquiring an additional 18,813 shares during the last quarter. Finally, Pallas Capital Advisors LLC boosted its holdings in Aptiv by 337.3% in the 2nd quarter. Pallas Capital Advisors LLC now owns 14,883 shares of the auto parts company’s stock valued at $1,015,000 after purchasing an additional 11,480 shares during the period. 94.21% of the stock is owned by institutional investors and hedge funds.

Aptiv Trading Down 1.6%

APTV stock opened at $82.26 on Friday. The business has a fifty day moving average price of $83.66 and a 200 day moving average price of $73.20. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.79 and a quick ratio of 1.26. Aptiv PLC has a fifty-two week low of $47.19 and a fifty-two week high of $88.80. The stock has a market capitalization of $17.78 billion, a price-to-earnings ratio of 65.29, a P/E/G ratio of 0.85 and a beta of 1.58.

Aptiv (NYSE:APTV) last announced its earnings results on Thursday, October 30th. The auto parts company reported $2.17 EPS for the quarter, topping the consensus estimate of $1.81 by $0.36. Aptiv had a return on equity of 18.51% and a net margin of 1.46%.The company had revenue of $5.21 billion for the quarter, compared to analysts’ expectations of $5.05 billion. During the same quarter in the prior year, the business earned $1.83 earnings per share. The business’s revenue for the quarter was up 7.4% on a year-over-year basis. Aptiv has set its FY 2025 guidance at 7.550-7.850 EPS. Q4 2025 guidance at 1.600-1.900 EPS. Analysts expect that Aptiv PLC will post 7.2 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on APTV shares. Bank of America increased their target price on shares of Aptiv from $85.00 to $95.00 and gave the company a “buy” rating in a research note on Wednesday, September 10th. Royal Bank Of Canada raised their price objective on Aptiv from $92.00 to $101.00 and gave the stock an “outperform” rating in a research report on Friday, October 10th. Weiss Ratings restated a “hold (c)” rating on shares of Aptiv in a research note on Wednesday, October 8th. Morgan Stanley boosted their price target on shares of Aptiv from $55.00 to $60.00 and gave the company an “underweight” rating in a report on Tuesday, August 12th. Finally, Barclays upgraded shares of Aptiv from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from $85.00 to $105.00 in a research report on Friday, September 12th. Three research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $94.56.

Insiders Place Their Bets

In other Aptiv news, CAO Allan J. Brazier sold 1,000 shares of the business’s stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $85.00, for a total value 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 approximately $4,234,700. The trade was a 1.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.45% 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.