Royal Bank Of Canada Cuts Aptiv (NYSE:APTV) Price Target to $78.00

Aptiv (NYSE:APTV) had its price objective decreased by Royal Bank Of Canada from $90.00 to $78.00 in a report released on Wednesday,Benzinga reports. The brokerage currently has an “outperform” rating on the auto parts company’s stock. Royal Bank Of Canada’s price objective suggests a potential upside of 66.06% from the stock’s previous close.

Several other equities analysts have also commented on the stock. The Goldman Sachs Group increased their target price on shares of Aptiv from $75.00 to $82.00 and gave the company a “buy” rating in a report on Thursday, June 11th. Fox Advisors downgraded shares of Aptiv from an “overweight” rating to an “equal weight” rating in a research note on Wednesday. Piper Sandler reduced their price objective on Aptiv from $106.00 to $94.00 and set an “overweight” rating on the stock in a research note on Monday, June 8th. Oppenheimer reduced their price objective on Aptiv from $106.00 to $84.00 and set an “outperform” rating on the stock in a research note on Monday, April 13th. Finally, Wells Fargo & Company decreased their price objective on Aptiv from $77.00 to $66.00 and set an “overweight” rating on the stock in a report on Wednesday. Nineteen research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $79.33.

Aptiv Price Performance

APTV traded down $0.75 during midday trading on Wednesday, hitting $46.97. The stock had a trading volume of 3,681,935 shares, compared to its average volume of 2,996,188. The company has a market cap of $9.94 billion, a P/E ratio of 27.79, a price-to-earnings-growth ratio of 1.06 and a beta of 1.46. The business has a fifty day moving average of $61.90 and a 200 day moving average of $66.29. 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 has a 1 year low of $46.42 and a 1 year high of $88.93.

Aptiv (NYSE:APTV) last posted its quarterly earnings results on Tuesday, August 4th. The auto parts company reported $1.63 EPS for the quarter, topping the consensus estimate of $1.42 by $0.21. The firm had revenue of $3.27 billion for the quarter, compared to the consensus estimate of $3.31 billion. Aptiv had a net margin of 1.77% and a return on equity of 17.83%. The business’s revenue was up 2.3% compared to the same quarter last year. During the same period last year, the firm posted $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. As a group, equities analysts forecast that Aptiv will post 5.93 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Aptiv news, EVP Katherine H. Ramundo sold 2,000 shares of the stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $78.30, for a total transaction of $156,600.00. Following the completion of the sale, the executive vice president owned 163,752 shares of the company’s stock, valued at $12,821,781.60. This represents a 1.21% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.06% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Aptiv

A number of hedge funds have recently modified their holdings of APTV. Norges Bank purchased a new stake in shares of Aptiv during the fourth quarter worth about $634,961,000. Balyasny Asset Management L.P. grew its stake in shares of Aptiv by 6,711.4% in the second quarter. Balyasny Asset Management L.P. now owns 1,434,076 shares of the auto parts company’s stock worth $97,833,000 after purchasing an additional 1,413,022 shares during the last quarter. Man Group plc increased its holdings in Aptiv by 155.8% during the 3rd quarter. Man Group plc now owns 2,045,025 shares of the auto parts company’s stock valued at $176,322,000 after purchasing an additional 1,245,533 shares during the period. Boston Partners increased its holdings in 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 purchasing an additional 948,327 shares during the period. Finally, Swedbank AB raised its position in Aptiv by 164.1% during the 1st quarter. Swedbank AB now owns 1,281,837 shares of the auto parts company’s stock valued at $89,011,000 after purchasing an additional 796,480 shares during the last quarter. Hedge funds and other institutional investors own 94.21% of the company’s stock.

Key Stories Impacting Aptiv

Here are the key news stories impacting Aptiv this week:

• Positive Sentiment: Second-quarter adjusted EPS was $1.63, above the $1.42 analyst consensus, while revenue increased 2.3% year over year to $3.27 billion. Adjusted EBITDA rose to $613 million from $547 million, indicating improved margins and operating performance. Aptiv’s Q2 Earnings Beat Estimates, Revenues Increase Year Over Year
• Positive Sentiment: Aptiv is targeting approximately $300 million in 2026 revenue from robotics and drones, offering a potential growth avenue beyond its traditional automotive business. The company also repurchased 4.1 million shares for $250 million during the quarter, with $1.8 billion remaining under its buyback authorization. Aptiv expects 2026 revenue amid China weakness while targeting robotics and drone revenue
• Neutral Sentiment: Analyst sentiment became more cautious: Deutsche Bank lowered Aptiv from “buy” to “hold” but assigned a $56 price target, while Fox Advisors cut its rating from “overweight” to “equal weight.” The Deutsche Bank target still implies meaningful upside from recent levels. Aptiv downgraded by Deutsche Bank
• Negative Sentiment: Aptiv reduced 2026 revenue guidance to $12.6 billion-$12.8 billion from $12.8 billion-$13.2 billion and adjusted EPS guidance to $5.60-$5.80 from $5.70-$6.10. Third-quarter EPS guidance of $1.25-$1.35 and revenue guidance of $3.1 billion-$3.2 billion were also below consensus expectations. Aptiv Reports Second Quarter 2026 Financial Results
• Negative Sentiment: Free cash flow was only $12 million in the quarter and negative $196 million year to date, adding to concerns about near-term cash generation. The guidance cut and China-related risks appear to be outweighing the quarterly earnings beat.

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.