Northwestern Mutual Wealth Management Co. Grows Stake in Aptiv PLC $APTV

Northwestern Mutual Wealth Management Co. raised its stake in Aptiv PLC (NYSE:APTV) by 664.1% during the fourth quarter, Holdings Channel reports. The fund owned 111,962 shares of the auto parts company’s stock after buying an additional 97,310 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Aptiv were worth $8,232,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in APTV. Truist Financial Corp raised its position in shares of Aptiv by 1,036.0% in the third quarter. Truist Financial Corp now owns 396,443 shares of the auto parts company’s stock valued at $34,181,000 after purchasing an additional 361,546 shares during the period. Nordea Investment Management AB raised its position in shares of Aptiv by 34.2% in the fourth quarter. Nordea Investment Management AB now owns 4,579,726 shares of the auto parts company’s stock valued at $349,067,000 after purchasing an additional 1,167,946 shares during the period. Allstate Corp bought a new stake in shares of Aptiv in the third quarter valued at approximately $704,000. Thematics Asset Management raised its position in shares of Aptiv by 56.9% in the third quarter. Thematics Asset Management now owns 261,454 shares of the auto parts company’s stock valued at $22,543,000 after purchasing an additional 94,782 shares during the period. Finally, Ameriprise Financial Inc. bought a new stake in Aptiv during the 3rd quarter worth approximately $297,917,000. 94.21% of the stock is currently owned by hedge funds and other institutional investors.

Aptiv Stock Up 2.8%

NYSE:APTV opened at $57.41 on Friday. The firm has a market cap of $12.15 billion, a P/E ratio of 33.97, a P/E/G ratio of 0.96 and a beta of 1.42. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.57 and a current ratio of 2.11. Aptiv PLC has a fifty-two week low of $51.68 and a fifty-two week high of $88.93. The firm has a 50-day simple moving average of $61.46 and a two-hundred day simple moving average of $72.61.

Aptiv (NYSE:APTV) last released its quarterly earnings data on Tuesday, May 5th. The auto parts company reported $1.71 earnings per share 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%. Aptiv’s revenue was up 5.4% compared to the same quarter last year. During the same period last year, the business earned $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. Analysts predict that Aptiv PLC will post 6.41 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on APTV shares. HSBC decreased their target price on shares of Aptiv from $81.32 to $75.00 and set a “buy” rating on the stock in a report on Monday, April 27th. Wolfe Research raised shares of Aptiv from a “peer perform” rating to an “outperform” rating and set a $91.00 price target on the stock in a report on Friday, March 6th. Oppenheimer decreased their price target on shares of Aptiv from $106.00 to $84.00 and set an “outperform” rating on the stock in a report on Monday, April 13th. TD Cowen decreased their price target on shares of Aptiv from $93.00 to $90.00 and set a “buy” rating on the stock in a report on Wednesday, April 15th. Finally, Weiss Ratings raised shares of Aptiv from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $84.15.

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.