Shares of Aptiv PLC (NYSE:APTV – Get Rating) have earned an average recommendation of "Moderate Buy" from the twenty ratings firms that are currently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and eleven have issued a buy rating on the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $151.11.
A number of analysts have issued reports on the stock. Bank of America cut their price objective on shares of Aptiv from $165.00 to $158.00 and set a "buy" rating for the company in a report on Friday, September 9th. Cowen lowered their price objective on shares of Aptiv to $130.00 in a research report on Tuesday, August 9th. Wells Fargo & Company decreased their price target on shares of Aptiv from $112.00 to $102.00 and set an "equal weight" rating for the company in a research report on Monday, July 11th. The Goldman Sachs Group decreased their price objective on shares of Aptiv from $150.00 to $135.00 and set a "buy" rating for the company in a research report on Wednesday, June 1st. Finally, Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Aptiv from $136.00 to $132.00 and set a "buy" rating for the company in a research report on Friday, August 5th.
Get Aptiv alerts:Insider Transactions at Aptiv
In other Aptiv news, CEO Kevin P. Clark sold 6,665 shares of the stock in a transaction that occurred on Tuesday, August 23rd. The shares were sold at an average price of $96.76, for a total transaction of $644,905.40. Following the completion of the sale, the chief executive officer now directly owns 625,887 shares of the company's stock, valued at approximately $60,560,826.12. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders have sold 19,995 shares of company stock worth $1,887,195 in the last quarter. Company insiders own 0.41% of the company's stock.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of APTV. Blueprint Investment Partners LLC lifted its position in shares of Aptiv by 9.5% during the fourth quarter. Blueprint Investment Partners LLC now owns 832 shares of the auto parts company's stock worth $137,000 after purchasing an additional 72 shares during the last quarter. Louisiana State Employees Retirement System grew its stake in shares of Aptiv by 0.6% during the first quarter. Louisiana State Employees Retirement System now owns 17,100 shares of the auto parts company's stock worth $1,899,000 after acquiring an additional 100 shares during the last quarter. Connable Office Inc. boosted its position in Aptiv by 0.8% in the fourth quarter. Connable Office Inc. now owns 12,147 shares of the auto parts company's stock valued at $2,004,000 after buying an additional 101 shares during the last quarter. PFG Advisors boosted its position in Aptiv by 0.7% in the first quarter. PFG Advisors now owns 16,322 shares of the auto parts company's stock valued at $1,954,000 after buying an additional 115 shares during the last quarter. Finally, SeaBridge Investment Advisors LLC boosted its position in Aptiv by 2.7% in the first quarter. SeaBridge Investment Advisors LLC now owns 4,447 shares of the auto parts company's stock valued at $532,000 after buying an additional 118 shares during the last quarter. 90.03% of the stock is owned by hedge funds and other institutional investors.Aptiv Trading Down 4.4 %
Shares of NYSE APTV opened at $86.87 on Friday. The stock has a market cap of $23.54 billion, a price-to-earnings ratio of 206.83, a P/E/G ratio of 2.66 and a beta of 2.01. Aptiv has a twelve month low of $84.14 and a twelve month high of $180.81. The company's fifty day moving average is $98.53 and its 200-day moving average is $101.59. The company has a quick ratio of 2.04, a current ratio of 2.63 and a debt-to-equity ratio of 0.78.
Aptiv (NYSE:APTV – Get Rating) last released its quarterly earnings data on Thursday, August 4th. The auto parts company reported $0.22 earnings per share for the quarter, missing the consensus estimate of $0.58 by ($0.36). Aptiv had a return on equity of 6.01% and a net margin of 1.10%. The firm had revenue of $4.10 billion for the quarter, compared to analyst estimates of $4.08 billion. During the same quarter in the prior year, the firm earned $0.60 earnings per share. The firm's revenue for the quarter was up 7.7% on a year-over-year basis. Equities research analysts predict that Aptiv will post 3.2 EPS for the current year.
Aptiv Company Profile
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Aptiv PLC designs, manufacturers, and sells vehicle components worldwide. The company provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets. It operates in two segment, Signal and Power Solutions, and Advanced Safety and User Experience. The Signal and Power Solutions segment designs, manufactures, and assembles vehicle's electrical architecture, including engineered component products, connectors, wiring assemblies and harnesses, cable management products, electrical centers, and hybrid high voltage and safety distribution systems.
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