Aptiv (NYSE:APTV – Get Free Report) had its price target decreased by research analysts at Barclays from $60.00 to $53.00 in a research note issued to investors on Wednesday, Benzinga reports. The brokerage presently has an “overweight” rating on the auto parts company’s stock. Barclays‘s price target would suggest a potential upside of 21.19% from the stock’s previous close.
Several other equities research analysts have also commented on the company. The Goldman Sachs Group cut their price objective on Aptiv from $71.00 to $61.00 and set a “buy” rating for the company in a research note on Tuesday, October 6th. Benchmark raised Aptiv to a “strong-buy” rating in a research note on Wednesday, September 9th. TD Cowen dropped their price target on Aptiv from $90.00 to $77.00 and set a “buy” rating for the company in a research report on Wednesday, August 5th. Zacks Research lowered Aptiv from a “hold” rating to a “strong sell” rating in a report on Monday, August 10th. Finally, Wells Fargo & Company lowered their target price on shares of Aptiv from $77.00 to $66.00 and set an “overweight” rating on the stock in a research note on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $71.64.
Aptiv Price Performance
Aptiv stock traded up $2.39 during trading on Wednesday, reaching $43.73. The company had a trading volume of 1,818,117 shares, compared to its average volume of 3,266,053. The firm has a market capitalization of $9.08 billion, a PE ratio of 41.28, a price-to-earnings-growth ratio of 0.86 and a beta of 1.43. The firm’s 50-day simple moving average is $44.42 and its 200 day simple moving average is $59.55. 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 has a 1-year low of $41.11 and a 1-year high of $88.93.
Aptiv (NYSE:APTV – Get Free Report) last posted its quarterly earnings data on Tuesday, November 3rd. The auto parts company reported $1.42 earnings per share for the quarter, topping analysts’ consensus estimates of $1.33 by $0.09. Aptiv had a net margin of 1.17% and a return on equity of 17.10%. The company had revenue of $3.20 billion during the quarter, compared to analysts’ expectations of $3.17 billion. During the same period in the prior year, the business posted $2.17 earnings per share. The firm’s revenue for the quarter was up 2.3% on a year-over-year basis. As a group, equities research analysts anticipate that Aptiv will post 5.68 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Aptiv
A number of institutional investors have recently added to or reduced their stakes in the stock. Provenance Wealth Advisors LLC increased its stake in shares of Aptiv by 9,171.4% in the 3rd quarter. Provenance Wealth Advisors LLC now owns 649 shares of the auto parts company’s stock worth $28,000 after acquiring an additional 642 shares during the last quarter. Ameritas Advisory Services LLC acquired a new position in shares of Aptiv during the 2nd quarter valued at about $29,000. Covestor Ltd grew its holdings in shares of Aptiv by 175.5% in the third quarter. Covestor Ltd now owns 719 shares of the auto parts company’s stock valued at $31,000 after purchasing an additional 458 shares during the period. Central Pacific Bank Trust Division purchased a new stake in shares of Aptiv in the third quarter valued at about $32,000. Finally, Eastern Bank increased its position in Aptiv by 702.9% during the second quarter. Eastern Bank now owns 546 shares of the auto parts company’s stock worth $34,000 after purchasing an additional 478 shares during the last quarter. Hedge funds and other institutional investors own 94.21% of the company’s stock.
Trending Headlines about Aptiv
Here are the key news stories impacting Aptiv this week:
- Positive Sentiment: Aptiv reported adjusted earnings of $1.42 per share, above the $1.33 consensus, and revenue of $3.20 billion, ahead of expectations. Revenue grew 2.3% year over year, with Engineered Components and non-auto growth cited as contributors. Article: Aptiv Q3 Earnings Surpass Estimates Amid Non-Auto Growth
- Positive Sentiment: Management outlined a $20 billion bookings target for 2026 and plans to return 100% of free cash flow to shareholders through 2027, supporting the case for future growth and capital returns. Article: Aptiv outlines bookings target and free-cash-flow return plan
- Negative Sentiment: The beat was tempered by weaker earnings compared with a year earlier—$1.42 per share versus $2.17—and reports of margin pressure and a lackluster profit outlook, including caution about 2027. This could limit optimism about the durability of the quarter’s performance. Article: Aptiv’s solid Q3 results overshadowed by lackluster profit outlook
About Aptiv
Aptiv PLC (NYSE: APTV) is a global automotive technology company that develops systems and software intended to make vehicles safer, more connected and increasingly automated. Its solutions are used by automakers in passenger vehicles and commercial vehicles worldwide.
The company’s product portfolio includes advanced driver-assistance and active-safety systems, vehicle computing platforms, infotainment and connectivity technologies, automated-driving solutions, and electrical and electronic distribution systems.
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