MMCAP International Inc. SPC increased its holdings in shares of Aptiv PLC (NYSE:APTV – Free Report) by 406.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 170,268 shares of the auto parts company’s stock after acquiring an additional 136,661 shares during the period. Aptiv makes up approximately 1.3% of MMCAP International Inc. SPC’s portfolio, making the stock its 19th biggest holding. MMCAP International Inc. SPC’s holdings in Aptiv were worth $12,956,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Saranac Partners Ltd acquired a new position in Aptiv during the third quarter worth $25,000. Larson Financial Group LLC grew its holdings in Aptiv by 240.0% during the fourth 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 period. Geneos Wealth Management Inc. grew its holdings in Aptiv by 452.3% during the first 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 period. Foster Dykema Cabot & Partners LLC acquired a new position in Aptiv during the third quarter worth $30,000. Finally, Root Financial Partners LLC acquired a new position in Aptiv during the third quarter worth $31,000. Institutional investors and hedge funds own 94.21% of the company’s stock.
Aptiv Stock Up 2.4%
APTV opened at $58.76 on Wednesday. The business’s fifty day moving average is $60.97 and its two-hundred day moving average is $72.20. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.57 and a current ratio of 2.11. The company has a market cap of $12.43 billion, a price-to-earnings ratio of 34.77, a PEG ratio of 0.99 and a beta of 1.42. Aptiv PLC has a one year low of $51.68 and a one year high of $88.93.
Analysts Set New Price Targets
A number of brokerages recently weighed in on APTV. Deutsche Bank Aktiengesellschaft dropped their price objective on Aptiv from $84.00 to $74.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. Piper Sandler upped their price objective on Aptiv from $103.00 to $106.00 in a report on Tuesday, February 3rd. Zacks Research downgraded Aptiv from a “hold” rating to a “strong sell” rating in a research report on Monday, April 27th. BNP Paribas Exane decreased their target price on Aptiv from $107.00 to $83.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 14th. Finally, Wells Fargo & Company boosted their target price on Aptiv from $81.00 to $82.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Aptiv presently has an average rating of “Moderate Buy” and a consensus target price of $84.15.
Read Our Latest Stock Report on Aptiv
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.
Read More
- Five stocks we like better than Aptiv
- Banks Are Buying Back Stock Hand Over Fist, Including These 3 Names
- 2 Aluminum Stocks Poised for Big Tariff-Related Gains
- AutoZone’s Pullback Sets Up a Long-Term Buying Opportunity
- AST SpaceMobile’s June Launch Plan Puts Its 2026 Satellite Goal Back in Focus
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.
