Victory Capital Management Inc. Sells 2,539,445 Shares of Aptiv PLC $APTV

Victory Capital Management Inc. reduced its position in shares of Aptiv PLC (NYSE:APTV) by 74.9% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 852,895 shares of the auto parts company’s stock after selling 2,539,445 shares during the quarter. Victory Capital Management Inc.’s holdings in Aptiv were worth $73,537,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the company. Truist Financial Corp raised its position in Aptiv by 1,036.0% during the 3rd quarter. Truist Financial Corp now owns 396,443 shares of the auto parts company’s stock valued at $34,181,000 after purchasing an additional 361,546 shares during the last quarter. Norges Bank purchased a new position in shares of Aptiv during the second quarter valued at approximately $187,652,000. Fjarde AP Fonden Fourth Swedish National Pension Fund raised its holdings in shares of Aptiv by 1,259.2% during the third quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 135,359 shares of the auto parts company’s stock valued at $11,671,000 after acquiring an additional 125,400 shares in the last quarter. Allstate Corp bought a new stake in Aptiv in the third quarter valued at $704,000. Finally, Dynasty Wealth Management LLC bought a new stake in Aptiv in the third quarter valued at $573,000. Institutional investors own 94.21% of the company’s stock.

Aptiv Trading Down 1.5%

Aptiv stock opened at $72.26 on Friday. Aptiv PLC has a 12 month low of $47.19 and a 12 month high of $88.93. The company has a market capitalization of $15.37 billion, a price-to-earnings ratio of 95.08, a price-to-earnings-growth ratio of 1.05 and a beta of 1.50. The business’s fifty day simple moving average is $79.63 and its two-hundred day simple moving average is $80.38. The company has a current ratio of 1.74, a quick ratio of 1.23 and a debt-to-equity ratio of 0.79.

Aptiv (NYSE:APTV) last posted its quarterly earnings results on Monday, February 2nd. The auto parts company reported $1.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.82 by $0.04. Aptiv had a return on equity of 18.22% and a net margin of 0.81%.The company’s revenue was up 5.0% compared to the same quarter last year. During the same period last year, the firm posted $1.75 earnings per share. Aptiv has set its Q1 2026 guidance at 1.550-1.750 EPS and its FY 2026 guidance at 8.150-8.750 EPS. As a group, equities analysts predict that Aptiv PLC will post 7.2 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft raised their target price on shares of Aptiv from $104.00 to $105.00 and gave the stock a “buy” rating in a research report on Wednesday, January 21st. BNP Paribas Exane raised their price objective on shares of Aptiv from $100.00 to $107.00 in a report on Friday, November 21st. Fox Advisors upgraded Aptiv from an “equal weight” rating to an “overweight” rating and set a $110.00 target price on the stock in a report on Tuesday, January 13th. Oppenheimer raised their target price on Aptiv from $102.00 to $106.00 and gave the company an “outperform” rating in a research note on Tuesday, February 3rd. Finally, Zacks Research lowered Aptiv from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 23rd. Fourteen analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Aptiv presently has a consensus rating of “Moderate Buy” and an average target price of $100.60.

Insider Transactions at Aptiv

In other Aptiv news, EVP Katherine H. Ramundo sold 5,000 shares of the stock in a transaction on Thursday, January 8th. The stock was sold at an average price of $85.00, for a total transaction of $425,000.00. Following the sale, the executive vice president directly owned 116,959 shares in the company, valued at approximately $9,941,515. This trade represents a 4.10% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.45% of the company’s stock.

Aptiv Profile

Aptiv plc is a global automotive technology company that develops safer, greener and more connected solutions for the mobility industry. The company designs and supplies advanced electrical architectures, electronic systems and software that enable vehicle connectivity, active safety, advanced driver-assistance systems (ADAS) and autonomous driving capabilities. Aptiv’s customers include major automakers and mobility service providers seeking to integrate higher levels of automation, electrification and software-defined features into production vehicles and mobility platforms.

Product and service offerings span vehicle electrical systems and wiring, connectors and harnesses, high-voltage electrification components, power electronics and charging solutions, sensors and compute platforms that support ADAS and autonomous functions, and the software and services required to integrate and manage these systems.