Lombard Odier Asset Management USA Corp cut its stake in Aptiv PLC (NYSE:APTV – Free Report) by 34.6% during the third quarter, HoldingsChannel reports. The fund owned 29,900 shares of the auto parts company’s stock after selling 15,812 shares during the quarter. Lombard Odier Asset Management USA Corp’s holdings in Aptiv were worth $2,578,000 as of its most recent SEC filing.
A number of other institutional investors have also recently bought and sold shares of APTV. State Street Corp grew its stake in Aptiv by 1.2% in the second quarter. State Street Corp now owns 9,754,226 shares of the auto parts company’s stock valued at $665,433,000 after purchasing an additional 111,506 shares in the last quarter. Impax Asset Management Group plc raised its stake 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 purchasing an additional 1,595,276 shares in the last quarter. Boston Partners lifted its holdings in shares of Aptiv by 29.2% during 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 last quarter. Alliancebernstein L.P. grew its stake in shares of Aptiv by 9.0% in the 2nd quarter. Alliancebernstein L.P. now owns 3,831,441 shares of the auto parts company’s stock valued at $261,381,000 after buying an additional 315,824 shares in the last quarter. Finally, Invesco Ltd. grew its stake in shares of Aptiv by 7.1% in the 2nd quarter. Invesco Ltd. now owns 3,618,847 shares of the auto parts company’s stock valued at $246,878,000 after buying an additional 238,880 shares in the last quarter. Institutional investors and hedge funds own 94.21% of the company’s stock.
Insider Transactions at Aptiv
In other Aptiv news, EVP Katherine H. Ramundo sold 5,000 shares of Aptiv stock in a transaction that occurred on Thursday, January 8th. The stock was sold at an average price of $85.00, for a total value of $425,000.00. Following the transaction, the executive vice president directly owned 116,959 shares of the company’s stock, valued at $9,941,515. The trade was a 4.10% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.45% of the stock is owned by company insiders.
Aptiv Stock Up 1.6%
Aptiv (NYSE:APTV – Get Free Report) last posted its quarterly earnings data on Monday, February 2nd. The auto parts company reported $1.86 EPS for the quarter, topping analysts’ consensus estimates of $1.82 by $0.04. Aptiv had a return on equity of 18.22% and a net margin of 0.81%.The business had revenue of $5.15 billion for the quarter, compared to analyst estimates of $5.07 billion. During the same period in the previous year, the company posted $1.75 earnings per share. The firm’s revenue for the quarter was up 5.0% on a year-over-year basis. Aptiv has set its Q1 2026 guidance at 1.550-1.750 EPS and its FY 2026 guidance at 8.150-8.750 EPS. As a group, equities research analysts anticipate that Aptiv PLC will post 7.2 EPS for the current year.
Analyst Upgrades and Downgrades
Several equities analysts recently weighed in on the stock. Zacks Research lowered shares of Aptiv from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 23rd. Wolfe Research raised shares of Aptiv from a “peer perform” rating to an “outperform” rating and set a $91.00 target price for the company in a research report on Friday, March 6th. BNP Paribas Exane increased their price target on shares of Aptiv from $100.00 to $107.00 in a research note on Friday, November 21st. Deutsche Bank Aktiengesellschaft raised their price target on shares of Aptiv from $104.00 to $105.00 and gave the company a “buy” rating in a report on Wednesday, January 21st. Finally, TD Cowen lifted their price objective on shares of Aptiv from $107.00 to $108.00 in a research note on Tuesday, February 3rd. Sixteen research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $100.24.
View Our Latest Stock Analysis 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.
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