Piper Sandler Cuts Aptiv (NYSE:APTV) Price Target to $94.00

Aptiv (NYSE:APTV) had its price objective reduced by stock analysts at Piper Sandler from $106.00 to $94.00 in a note issued to investors on Monday,MarketScreener reports. The firm currently has an “overweight” rating on the auto parts company’s stock. Piper Sandler’s price objective indicates a potential upside of 35.00% from the stock’s previous close.

A number of other research firms also recently issued reports on APTV. BNP Paribas Exane reduced their price objective on Aptiv from $107.00 to $83.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 14th. Oppenheimer cut their target price on shares of Aptiv from $106.00 to $84.00 and set an “outperform” rating for the company in a report on Monday, April 13th. JPMorgan Chase & Co. boosted their price target on shares of Aptiv from $83.00 to $84.00 and gave the stock an “overweight” rating in a research report on Thursday, May 14th. Wall Street Zen lowered shares of Aptiv from a “buy” rating to a “hold” rating in a research report on Saturday. Finally, Fox Advisors dropped their price objective on shares of Aptiv from $110.00 to $70.00 in a research note on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $82.33.

Aptiv Stock Performance

NYSE:APTV opened at $69.63 on Monday. The stock has a 50-day moving average price of $60.79 and a 200 day moving average price of $71.53. The company has a current ratio of 2.11, a quick ratio of 1.57 and a debt-to-equity ratio of 0.98. Aptiv has a 12-month low of $51.68 and a 12-month high of $88.93. The stock has a market capitalization of $14.74 billion, a P/E ratio of 41.02, a P/E/G ratio of 1.14 and a beta of 1.45.

Aptiv (NYSE:APTV) last announced its quarterly earnings data on Tuesday, May 5th. The auto parts company reported $1.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.62 by $0.09. The business had revenue of $5.09 billion during the quarter, compared to analyst estimates of $5.03 billion. Aptiv had a net margin of 1.77% and a return on equity of 17.83%. The company’s revenue was up 5.4% on a year-over-year basis. During the same period last year, the firm posted $1.69 EPS. Aptiv has set its FY 2026 guidance at 5.700-6.100 EPS and its Q2 2026 guidance at 1.300-1.500 EPS. Equities research analysts forecast that Aptiv will post 6.41 EPS for the current fiscal year.

Insider Transactions at Aptiv

In related news, EVP Katherine H. Ramundo sold 2,000 shares of the firm’s stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $78.30, for a total value of $156,600.00. Following the completion of the sale, the executive vice president directly owned 163,752 shares in the company, valued at $12,821,781.60. This trade represents a 1.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.06% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Aptiv

Institutional investors have recently made changes to their positions in the company. Norges Bank purchased a new position in Aptiv during the 4th quarter worth $634,961,000. Ameriprise Financial Inc. purchased a new stake in shares of Aptiv in the 3rd quarter worth $297,917,000. Impax Asset Management Group plc grew its position in shares of Aptiv by 54.5% during the 3rd quarter. Impax Asset Management Group plc now owns 4,523,145 shares of the auto parts company’s stock worth $389,986,000 after buying an additional 1,595,276 shares in the last quarter. Balyasny Asset Management L.P. increased its stake in shares of Aptiv by 6,711.4% during the second quarter. Balyasny Asset Management L.P. now owns 1,434,076 shares of the auto parts company’s stock valued at $97,833,000 after buying an additional 1,413,022 shares during the period. Finally, Man Group plc raised its holdings in shares of Aptiv by 155.8% in the third quarter. Man Group plc now owns 2,045,025 shares of the auto parts company’s stock valued at $176,322,000 after acquiring an additional 1,245,533 shares in the last quarter. Institutional investors own 94.21% of the company’s stock.

Aptiv Company 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.