Nordea Investment Management AB raised its position in Aptiv PLC (NYSE:APTV – Free Report) by 34.2% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 4,579,726 shares of the auto parts company’s stock after purchasing an additional 1,167,946 shares during the period. Nordea Investment Management AB owned 2.12% of Aptiv worth $349,067,000 as of its most recent filing with the SEC.
A number of other institutional investors also recently modified their holdings of the company. Saranac Partners Ltd acquired a new position in Aptiv in the third quarter valued at approximately $25,000. Foster Dykema Cabot & Partners LLC acquired a new stake in Aptiv in the third quarter worth $30,000. Root Financial Partners LLC acquired a new stake in Aptiv in the third quarter worth $31,000. Geneos Wealth Management Inc. increased its stake in Aptiv by 452.3% in the first 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. Finally, GPS Wealth Strategies Group LLC acquired a new position in shares of Aptiv during the third quarter valued at about $43,000. 94.21% of the stock is owned by institutional investors.
Insider Activity
In other Aptiv news, EVP Katherine H. Ramundo sold 5,000 shares of the firm’s stock in a transaction on Thursday, January 8th. The stock was sold at an average price of $85.00, for a total value of $425,000.00. Following the completion of the sale, the executive vice president directly owned 116,959 shares of the company’s stock, valued at $9,941,515. This trade represents a 4.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.45% of the stock is currently owned by insiders.
Aptiv Stock Performance
Aptiv (NYSE:APTV – Get Free Report) last released its quarterly earnings results on Monday, February 2nd. The auto parts company reported $1.86 earnings per share for the quarter, topping the consensus estimate of $1.82 by $0.04. Aptiv had a net margin of 0.81% and a return on equity of 18.22%. The business had revenue of $5.15 billion for the quarter, compared to analysts’ expectations of $5.07 billion. During the same period in the previous year, the company earned $1.75 earnings per share. The firm’s revenue for the quarter was up 5.0% compared to the same quarter last year. 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 research analysts predict that Aptiv PLC will post 7.2 EPS for the current fiscal year.
Analysts Set New Price Targets
Several analysts have recently commented on APTV shares. Deutsche Bank Aktiengesellschaft raised their target price on Aptiv from $104.00 to $105.00 and gave the company a “buy” rating in a research note on Wednesday, January 21st. Royal Bank Of Canada reiterated an “outperform” rating and issued a $104.00 price target on shares of Aptiv in a report on Tuesday, February 3rd. Zacks Research cut Aptiv from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 23rd. Oppenheimer upped their target price on Aptiv from $102.00 to $106.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 3rd. Finally, Piper Sandler lifted their price target on shares of Aptiv from $103.00 to $106.00 in a research report on Tuesday, February 3rd. Sixteen research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Aptiv has an average rating of “Moderate Buy” and a consensus target price of $100.24.
Read Our Latest Stock Report on APTV
About Aptiv
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.
See Also
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