Intech Investment Management LLC grew its holdings in Aptiv PLC (NYSE:APTV – Free Report) by 1,480.1% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 223,175 shares of the auto parts company’s stock after buying an additional 209,051 shares during the quarter. Intech Investment Management LLC owned approximately 0.10% of Aptiv worth $15,225,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also added to or reduced their stakes in APTV. Stephens Inc. AR increased its position in Aptiv by 3.9% in the 2nd quarter. Stephens Inc. AR now owns 4,096 shares of the auto parts company’s stock valued at $279,000 after acquiring an additional 155 shares in the last quarter. Gamco Investors INC. ET AL grew its stake in shares of Aptiv by 1.7% during the first quarter. Gamco Investors INC. ET AL now owns 9,760 shares of the auto parts company’s stock valued at $581,000 after purchasing an additional 160 shares during the last quarter. AlTi Global Inc. increased its holdings in shares of Aptiv by 1.6% in the first quarter. AlTi Global Inc. now owns 10,677 shares of the auto parts company’s stock valued at $635,000 after purchasing an additional 173 shares in the last quarter. True Wealth Design LLC raised its position in Aptiv by 83.8% in the 2nd quarter. True Wealth Design LLC now owns 397 shares of the auto parts company’s stock worth $27,000 after purchasing an additional 181 shares during the last quarter. Finally, Tokio Marine Asset Management Co. Ltd. boosted its position in Aptiv by 2.9% in the 1st quarter. Tokio Marine Asset Management Co. Ltd. now owns 8,443 shares of the auto parts company’s stock valued at $502,000 after buying an additional 235 shares during the last quarter. Institutional investors and hedge funds own 94.21% of the company’s stock.
Aptiv Trading Down 2.6%
APTV opened at $78.92 on Friday. The firm’s fifty day moving average is $83.90 and its two-hundred day moving average is $74.36. The firm has a market cap of $17.05 billion, a PE ratio of 62.64, a price-to-earnings-growth ratio of 0.83 and a beta of 1.58. Aptiv PLC has a twelve month low of $47.19 and a twelve month high of $88.80. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.26 and a current ratio of 1.79.
Insider Activity at Aptiv
In other news, CAO Allan J. Brazier sold 1,000 shares of Aptiv stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $85.00, for a total transaction of $85,000.00. Following the transaction, the chief accounting officer owned 49,820 shares in the company, valued at $4,234,700. The trade was a 1.97% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.45% of the stock is currently owned by corporate insiders.
Analyst Upgrades and Downgrades
Several equities analysts have recently issued reports on the company. Piper Sandler upped their price target on Aptiv from $72.00 to $87.00 and gave the company a “neutral” rating in a research note on Friday, October 31st. TD Cowen upped their target price on shares of Aptiv from $104.00 to $107.00 and gave the company a “buy” rating in a research report on Friday, October 31st. BNP Paribas Exane lifted their price target on shares of Aptiv from $83.00 to $100.00 in a research report on Wednesday, October 29th. Wall Street Zen raised shares of Aptiv from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, September 23rd. Finally, Royal Bank Of Canada raised their price objective on shares of Aptiv from $92.00 to $101.00 and gave the company an “outperform” rating in a research note on Friday, October 10th. Three equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $94.79.
View Our Latest Stock Analysis on Aptiv
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.
Featured Stories
- Five stocks we like better than Aptiv
- How to Most Effectively Use the MarketBeat Earnings Screener
- MarketBeat Week in Review – 11/10 – 11/14
- Trading Stocks: RSI and Why it’s Useful
- Are These 3 Oversold Tech Giants Ready to Rebound?
- Stock Splits, Do They Really Impact Investors?
- If You Wait for the Dip, Micron Technology Could Leave You Behind
Want to see what other hedge funds are holding APTV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Aptiv PLC (NYSE:APTV – Free Report).
Receive News & Ratings for Aptiv Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aptiv and related companies with MarketBeat.com's FREE daily email newsletter.
