Aptiv (NYSE:APTV) PT Lowered to $82.00

Aptiv (NYSE:APTV) had its target price decreased by research analysts at Wells Fargo & Company from $83.00 to $82.00 in a report issued on Tuesday, Benzinga reports. The firm currently has an “equal weight” rating on the auto parts company’s stock. Wells Fargo & Company‘s target price would indicate a potential upside of 21.41% from the company’s previous close.

Other research analysts also recently issued research reports about the stock. UBS Group boosted their price objective on shares of Aptiv from $107.00 to $110.00 in a report on Monday, April 8th. Barclays cut their price target on Aptiv from $112.00 to $110.00 and set an “overweight” rating on the stock in a report on Thursday, April 11th. Oppenheimer cut their price objective on Aptiv from $148.00 to $145.00 and set an “outperform” rating for the company in a report on Friday, May 3rd. JPMorgan Chase & Co. raised their target price on shares of Aptiv from $109.00 to $113.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 7th. Finally, Robert W. Baird raised their target price on shares of Aptiv from $86.00 to $90.00 and gave the stock a “neutral” rating in a report on Friday, May 3rd. Two analysts have rated the stock with a sell rating, three have given a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $105.08.

Aptiv Trading Down 7.9 %

Shares of NYSE:APTV opened at $67.54 on Tuesday. Aptiv has a twelve month low of $65.13 and a twelve month high of $113.60. The firm has a market cap of $18.37 billion, a P/E ratio of 6.37, a P/E/G ratio of 0.70 and a beta of 1.87. The company has a 50 day moving average of $77.64 and a 200-day moving average of $79.91. The company has a current ratio of 1.29, a quick ratio of 0.89 and a debt-to-equity ratio of 0.42.

Aptiv (NYSE:APTV) last released its quarterly earnings results on Thursday, May 2nd. The auto parts company reported $1.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.05 by $0.11. Aptiv had a net margin of 14.87% and a return on equity of 13.21%. The business had revenue of $4.90 billion for the quarter, compared to analyst estimates of $4.99 billion. During the same quarter in the previous year, the business earned $0.91 earnings per share. The firm’s revenue was up 1.1% compared to the same quarter last year. As a group, analysts anticipate that Aptiv will post 6.01 earnings per share for the current fiscal year.

Insider Transactions at Aptiv

In related news, Director Nancy E. Cooper sold 394 shares of the company’s stock in a transaction on Wednesday, June 12th. The shares were sold at an average price of $76.98, for a total value of $30,330.12. Following the completion of the transaction, the director now owns 13,636 shares of the company’s stock, valued at approximately $1,049,699.28. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.34% of the company’s stock.

Institutional Investors Weigh In On Aptiv

Several large investors have recently bought and sold shares of APTV. Kestra Advisory Services LLC increased its stake in Aptiv by 24.6% during the 3rd quarter. Kestra Advisory Services LLC now owns 4,933 shares of the auto parts company’s stock valued at $486,000 after purchasing an additional 975 shares in the last quarter. LPL Financial LLC boosted its stake in Aptiv by 9.2% during the 3rd quarter. LPL Financial LLC now owns 195,662 shares of the auto parts company’s stock worth $19,267,000 after purchasing an additional 16,554 shares during the last quarter. Federated Hermes Inc. boosted its position in Aptiv by 1.5% during the third quarter. Federated Hermes Inc. now owns 53,011 shares of the auto parts company’s stock worth $5,226,000 after acquiring an additional 787 shares during the last quarter. O Shaughnessy Asset Management LLC grew its position in shares of Aptiv by 38.7% in the third quarter. O Shaughnessy Asset Management LLC now owns 6,771 shares of the auto parts company’s stock valued at $668,000 after purchasing an additional 1,889 shares in the last quarter. Finally, Trexquant Investment LP purchased a new stake in Aptiv in the 3rd quarter valued at $2,469,000. Institutional investors own 94.21% of the company’s stock.

Aptiv Company Profile

Aptiv PLC engages in design, manufacture, and sale of vehicle components in North America, Europe, Middle East, Africa, the Asia Pacific, South America, and internationally. The company provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets. It operates through two segments, Signal and Power Solutions, and Advanced Safety and User Experience.