Aptiv PLC (NYSE:APTV – Get Free Report) has been given a consensus recommendation of “Moderate Buy” by the twenty-four research firms that are presently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, four have given a hold rating, seventeen have issued a buy rating and one has issued a strong buy rating on the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $72.60.
A number of equities research analysts have recently weighed in on the company. Morgan Stanley lowered Aptiv from an “overweight” rating to an “equal weight” rating and lowered their target price for the company from $71.00 to $55.00 in a research note on Wednesday, August 5th. Fox Advisors cut Aptiv from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, August 5th. The Goldman Sachs Group decreased their price target on Aptiv from $71.00 to $61.00 and set a “buy” rating on the stock in a research note on Tuesday, October 6th. Argus set a $64.00 price objective on Aptiv in a research report on Thursday, August 13th. Finally, UBS Group dropped their price objective on Aptiv from $62.00 to $57.00 and set a “buy” rating for the company in a research note on Wednesday, October 7th.
Aptiv Trading Up 1.8%
Aptiv (NYSE:APTV – Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The auto parts company reported $1.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.42 by $0.21. Aptiv had a net margin of 1.17% and a return on equity of 17.10%. The company had revenue of $3.27 billion during the quarter, compared to analysts’ expectations of $3.31 billion. During the same quarter in the prior year, the company earned $2.12 EPS. The firm’s revenue was up 2.3% on a year-over-year basis. 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, analysts predict that Aptiv will post 5.68 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Aptiv
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in APTV. Krilogy Financial LLC purchased a new stake in Aptiv during the 3rd quarter valued at $693,000. Thor Investment Management Inc. OH ADV increased its position in shares of Aptiv by 2.6% in the third quarter. Thor Investment Management Inc. OH ADV now owns 20,879 shares of the auto parts company’s stock valued at $898,000 after acquiring an additional 524 shares during the period. NorthCrest Asset Manangement LLC raised its stake in shares of Aptiv by 124.8% during the third quarter. NorthCrest Asset Manangement LLC now owns 8,357 shares of the auto parts company’s stock valued at $369,000 after acquiring an additional 4,639 shares during the last quarter. Perpetual Ltd raised its stake in shares of Aptiv by 9.0% during the third quarter. Perpetual Ltd now owns 2,602,895 shares of the auto parts company’s stock valued at $111,977,000 after acquiring an additional 213,977 shares during the last quarter. Finally, GAMMA Investing LLC boosted its holdings in shares of Aptiv by 159.8% during the third quarter. GAMMA Investing LLC now owns 9,303 shares of the auto parts company’s stock worth $400,000 after purchasing an additional 5,722 shares during the period. 94.21% of the stock is currently owned by institutional investors.
About Aptiv
Aptiv PLC (NYSE: APTV) is a global automotive technology company that develops hardware, software and systems designed to support safer, more connected and increasingly automated vehicles. Its products help automakers manage vehicle data, electrical power, computing, communications and advanced driver-assistance functions.
The company’s offerings include vehicle electrical and electronic architectures, wiring and connection systems, high-voltage components for electrified vehicles, automotive computing platforms, sensing technologies and software.
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