Aptiv (NYSE:APTV – Get Free Report) had its target price increased by analysts at JPMorgan Chase & Co. from $83.00 to $84.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage currently has an “overweight” rating on the auto parts company’s stock. JPMorgan Chase & Co.‘s price target suggests a potential upside of 54.44% from the stock’s previous close.
Other research analysts have also recently issued research reports about the company. Morgan Stanley raised Aptiv from an “equal weight” rating to an “overweight” rating and set a $71.00 price objective on the stock in a research note on Friday, May 8th. Fox Advisors dropped their price objective on Aptiv from $110.00 to $70.00 in a research note on Friday, May 8th. The Goldman Sachs Group began coverage on Aptiv in a research note on Monday, April 13th. They issued a “buy” rating and a $74.00 price objective on the stock. TD Cowen dropped their price objective on Aptiv from $93.00 to $90.00 and set a “buy” rating on the stock in a research note on Wednesday, April 15th. Finally, Wells Fargo & Company increased their price objective on Aptiv from $81.00 to $82.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $84.82.
Read Our Latest Research Report on APTV
Aptiv Trading Down 5.5%
Aptiv (NYSE:APTV – Get Free Report) last released its earnings results on Tuesday, May 5th. The auto parts company reported $1.71 EPS for the quarter, beating analysts’ consensus estimates of $1.62 by $0.09. The firm had revenue of $5.09 billion for the quarter, compared to analysts’ expectations of $5.03 billion. Aptiv had a return on equity of 17.83% and a net margin of 1.77%.The company’s quarterly revenue was up 5.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.69 earnings per share. Aptiv has set its FY 2026 guidance at 5.700-6.100 EPS and its Q2 2026 guidance at 1.300-1.500 EPS. On average, equities analysts forecast that Aptiv will post 6.39 EPS for the current year.
Institutional Trading of Aptiv
Hedge funds and other institutional investors have recently made changes to their positions in the business. Saranac Partners Ltd purchased a new stake in shares of Aptiv during the 3rd quarter valued at $25,000. Larson Financial Group LLC raised its stake in Aptiv by 240.0% in the 4th quarter. Larson Financial Group LLC now owns 357 shares of the auto parts company’s stock worth $27,000 after acquiring an additional 252 shares during the last quarter. Geneos Wealth Management Inc. raised its stake in Aptiv by 452.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 486 shares of the auto parts company’s stock worth $29,000 after acquiring an additional 398 shares during the last quarter. Foster Dykema Cabot & Partners LLC purchased a new position in Aptiv in the 3rd quarter worth $30,000. Finally, Root Financial Partners LLC purchased a new position in Aptiv in the 3rd quarter worth $31,000. Hedge funds and other institutional investors own 94.21% of the company’s stock.
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.
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