Aptiv (NYSE:APTV) Given New $72.00 Price Target at TD Cowen

Aptiv (NYSE:APTV) had its price objective lowered by stock analysts at TD Cowen from $77.00 to $72.00 in a report released on Wednesday, Benzinga reports. The brokerage currently has a “buy” rating on the auto parts company’s stock. TD Cowen‘s target price would suggest a potential upside of 64.84% from the stock’s current price.

A number of other brokerages have also recently weighed in on APTV. Argus set a $64.00 price target on shares of Aptiv in a research report on Thursday, August 13th. Zacks Research lowered Aptiv from a “hold” rating to a “strong sell” rating in a report on Monday, August 10th. Weiss Ratings cut Aptiv from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, August 11th. Wells Fargo & Company reduced their price target on shares of Aptiv from $77.00 to $66.00 and set an “overweight” rating for the company in a report on Wednesday, August 5th. Finally, Barclays dropped their price objective on shares of Aptiv from $60.00 to $53.00 and set an “overweight” rating on the stock in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, four have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Aptiv presently has an average rating of “Moderate Buy” and a consensus price target of $69.45.

Aptiv Price Performance

NYSE:APTV traded up $2.34 during midday trading on Wednesday, hitting $43.68. 2,803,277 shares of the stock were exchanged, compared to its average volume of 3,271,009. The company has a market capitalization of $9.07 billion, a price-to-earnings ratio of 41.21, a P/E/G ratio of 0.86 and a beta of 1.43. The company has a current ratio of 2.02, a quick ratio of 1.33 and a debt-to-equity ratio of 0.61. Aptiv has a one year low of $41.11 and a one year high of $88.93. The business has a 50-day moving average price of $44.42 and a two-hundred day moving average price of $59.55.

Aptiv (NYSE:APTV) last posted its quarterly earnings data on Tuesday, November 3rd. The auto parts company reported $1.42 EPS for the quarter, topping analysts’ consensus estimates of $1.33 by $0.09. The company had revenue of $3.20 billion for the quarter, compared to the consensus estimate of $3.17 billion. Aptiv had a return on equity of 17.10% and a net margin of 1.17%. The company’s quarterly revenue was up 2.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.17 EPS. Sell-side analysts predict that Aptiv will post 5.68 EPS for the current year.

Hedge Funds Weigh In On Aptiv

A number of institutional investors have recently added to or reduced their stakes in the business. Ameritas Advisory Services LLC bought a new stake in shares of Aptiv during the 2nd quarter valued at about $29,000. Eastern Bank lifted its position in Aptiv by 702.9% during the second quarter. Eastern Bank now owns 546 shares of the auto parts company’s stock valued at $34,000 after purchasing an additional 478 shares during the last quarter. Evelyn Partners Investment Management Services Ltd lifted its position in Aptiv by 108.7% during the first quarter. Evelyn Partners Investment Management Services Ltd now owns 576 shares of the auto parts company’s stock valued at $40,000 after purchasing an additional 300 shares during the last quarter. Provenance Wealth Advisors LLC grew its stake in 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 buying an additional 642 shares in the last quarter. Finally, Root Financial Partners LLC grew its stake in Aptiv by 62.2% in the 1st quarter. Root Financial Partners LLC now owns 709 shares of the auto parts company’s stock worth $49,000 after buying an additional 272 shares in the last quarter. 94.21% of the stock is currently owned by institutional investors.

Key Stories Impacting Aptiv

Here are the key news stories impacting Aptiv this week:

• Positive Sentiment: Aptiv reported Q3 adjusted earnings of $1.42 per share and revenue of $3.20 billion, topping analyst estimates of $1.33 and $3.17 billion, respectively. Revenue grew 2.3% year over year. Aptiv Q3 earnings and revenues top estimates
• Positive Sentiment: Management outlined a $20 billion bookings target for 2026 and plans to return 100% of free cash flow through 2027, signaling confidence in future demand and shareholder returns. Bookings target and capital-return plan
• Negative Sentiment: Despite the Q3 beat, earnings were down from $2.17 per share a year earlier, and reports point to margin pressure and a cautious profit outlook for 2027. That raises concerns about the durability of earnings growth. Q3 results and outlook
• Negative Sentiment: Several firms reduced their price targets, tempering the earnings news. Morgan Stanley cut its target to $45 and kept an “equal weight” rating; Goldman Sachs lowered its target to $54 but maintained “buy”; BNP Paribas Exane cut to $59 while reaffirming “outperform”; Barclays lowered to $53 with “overweight”; and RBC reduced to $64 while retaining “outperform.” Read More., Read More., Read More., Read More. and Read More..

Aptiv Company Profile

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.