Aptiv PLC (NYSE:APTV) Receives $110.36 Average PT from Analysts

Aptiv PLC (NYSE:APTV) has been given an average recommendation of “Moderate Buy” by the thirteen analysts that are presently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell rating, three have given a hold rating and nine have issued a buy rating on the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $109.93.

Several analysts recently weighed in on APTV shares. Barclays decreased their target price on Aptiv from $112.00 to $110.00 and set an “overweight” rating for the company in a research note on Thursday, April 11th. UBS Group increased their target price on Aptiv from $107.00 to $110.00 in a research note on Monday, April 8th. Robert W. Baird downgraded Aptiv from an “outperform” rating to a “neutral” rating and decreased their target price for the company from $105.00 to $96.00 in a research note on Wednesday, January 3rd. Citigroup reduced their price objective on Aptiv from $150.00 to $136.00 and set a “buy” rating for the company in a research report on Thursday, February 1st. Finally, Guggenheim reduced their price objective on Aptiv from $103.00 to $92.00 and set a “buy” rating for the company in a research report on Wednesday, April 17th.

Insider Transactions at Aptiv

In other news, SVP Benjamin Lyon sold 18,680 shares of the stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of $77.69, for a total value of $1,451,249.20. Following the completion of the transaction, the senior vice president now directly owns 95,211 shares of the company’s stock, valued at approximately $7,396,942.59. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.34% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Aptiv

A number of hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. increased its holdings in Aptiv by 1.0% during the 4th quarter. Vanguard Group Inc. now owns 31,697,555 shares of the auto parts company’s stock valued at $2,843,905,000 after purchasing an additional 325,550 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its position in shares of Aptiv by 17.3% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 9,520,838 shares of the auto parts company’s stock worth $854,210,000 after purchasing an additional 1,405,569 shares during the last quarter. Impax Asset Management Group plc boosted its position in shares of Aptiv by 7.1% in the 4th quarter. Impax Asset Management Group plc now owns 7,273,382 shares of the auto parts company’s stock worth $651,978,000 after purchasing an additional 483,157 shares during the last quarter. American Century Companies Inc. lifted its holdings in Aptiv by 1.1% during the third quarter. American Century Companies Inc. now owns 5,038,102 shares of the auto parts company’s stock worth $496,706,000 after acquiring an additional 53,288 shares in the last quarter. Finally, Victory Capital Management Inc. lifted its holdings in Aptiv by 11.6% during the fourth quarter. Victory Capital Management Inc. now owns 3,815,339 shares of the auto parts company’s stock worth $342,312,000 after acquiring an additional 395,414 shares in the last quarter. 94.21% of the stock is owned by institutional investors and hedge funds.

Aptiv Stock Performance

APTV opened at $71.22 on Friday. The company has a market cap of $19.42 billion, a PE ratio of 6.87, a price-to-earnings-growth ratio of 0.91 and a beta of 1.90. The stock has a 50-day moving average of $76.48 and a 200-day moving average of $81.51. Aptiv has a 52-week low of $68.84 and a 52-week high of $113.60. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.22 and a current ratio of 1.72.

Aptiv (NYSE:APTV) last announced its earnings results on Wednesday, January 31st. The auto parts company reported $1.40 earnings per share for the quarter, beating the consensus estimate of $1.29 by $0.11. Aptiv had a return on equity of 13.32% and a net margin of 14.65%. The firm had revenue of $4.92 billion during the quarter, compared to the consensus estimate of $4.95 billion. As a group, equities research analysts forecast that Aptiv will post 5.62 earnings per share for the current fiscal year.

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.