VIRGINIA RETIREMENT SYSTEMS ET Al Takes $27.36 Million Position in Aptiv PLC $APTV

VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of Aptiv PLC (NYSE:APTV) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 445,812 shares of the auto parts company’s stock, valued at approximately $27,364,000. VIRGINIA RETIREMENT SYSTEMS ET Al owned 0.21% of Aptiv at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. California State Teachers Retirement System increased its position in Aptiv by 6,192.6% in the 2nd quarter. California State Teachers Retirement System now owns 20,102,073 shares of the auto parts company’s stock valued at $1,233,865,000 after acquiring an additional 19,782,619 shares during the period. State Street Corp increased its holdings in shares of Aptiv by 4.3% in the fourth quarter. State Street Corp now owns 10,066,712 shares of the auto parts company’s stock valued at $765,976,000 after purchasing an additional 419,375 shares during the period. Norges Bank purchased a new stake in shares of Aptiv during the fourth quarter worth approximately $634,961,000. Geode Capital Management LLC lifted its holdings in shares of Aptiv by 1.7% during the fourth quarter. Geode Capital Management LLC now owns 5,821,615 shares of the auto parts company’s stock worth $441,289,000 after purchasing an additional 99,876 shares during the period. Finally, Boston Partners increased its stake in Aptiv by 29.2% in the 3rd quarter. Boston Partners now owns 4,194,909 shares of the auto parts company’s stock valued at $361,385,000 after buying an additional 948,327 shares during the period. 94.21% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently commented on APTV shares. Zacks Research downgraded shares of Aptiv from a “hold” rating to a “strong sell” rating in a research report on Monday, August 10th. Weiss Ratings cut shares of Aptiv from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, August 11th. Evercore restated an “outperform” rating and set a $70.00 target price on shares of Aptiv in a research report on Monday, August 10th. Barclays decreased their price target on Aptiv from $73.00 to $65.00 and set an “overweight” rating on the stock in a research note on Monday, August 10th. Finally, The Goldman Sachs Group decreased their target price on Aptiv from $82.00 to $71.00 and set a “buy” rating on the stock in a research report on Wednesday, August 5th. Nineteen equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $76.50.

Aptiv Stock Performance

Aptiv stock opened at $47.94 on Tuesday. Aptiv PLC has a fifty-two week low of $44.52 and a fifty-two week high of $88.93. The company has a market capitalization of $9.95 billion, a price-to-earnings ratio of 45.23, a PEG ratio of 0.93 and a beta of 1.45. The stock has a fifty day moving average of $53.04 and a two-hundred day moving average of $60.76. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.33 and a current ratio of 2.02.

Aptiv (NYSE:APTV) last issued its quarterly earnings data on Tuesday, August 4th. The auto parts company reported $1.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.42 by $0.21. The business had revenue of $3.27 billion for the quarter, compared to the consensus estimate of $3.31 billion. Aptiv had a return on equity of 17.10% and a net margin of 1.17%.The business’s revenue was up 2.3% on a year-over-year basis. During the same period in the prior year, the business earned $2.12 earnings per share. Aptiv has set its FY 2026 guidance at 5.600-5.800 EPS and its Q3 2026 guidance at 1.250-1.350 EPS. On average, analysts anticipate that Aptiv PLC will post 5.69 EPS for the current fiscal year.

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.