StockNews.com Begins Coverage on Aptiv (NYSE:APTV)

StockNews.com started coverage on shares of Aptiv (NYSE:APTV - Free Report) in a research note published on Friday. The firm issued a hold rating on the auto parts company's stock.

A number of other analysts also recently commented on the stock. Hsbc Global Res raised shares of Aptiv from a "hold" rating to a "strong-buy" rating in a report on Tuesday, February 4th. Barclays boosted their price target on Aptiv from $75.00 to $80.00 and gave the stock an "overweight" rating in a research note on Friday, February 7th. Deutsche Bank Aktiengesellschaft raised Aptiv from a "hold" rating to a "buy" rating and set a $78.00 price objective for the company in a research note on Friday, February 7th. Piper Sandler boosted their target price on Aptiv from $65.00 to $67.00 and gave the stock a "neutral" rating in a research report on Thursday, March 20th. Finally, Royal Bank of Canada raised their price target on Aptiv from $75.00 to $82.00 and gave the company an "outperform" rating in a research report on Friday, February 7th. One research analyst has rated the stock with a sell rating, five have issued a hold rating, sixteen have issued a buy rating and three have given a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $86.61.

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Aptiv Stock Performance

NYSE APTV traded down $2.73 on Friday, hitting $49.25. 4,557,573 shares of the company's stock were exchanged, compared to its average volume of 3,458,012. The firm has a market cap of $11.30 billion, a price-to-earnings ratio of 7.16, a P/E/G ratio of 0.62 and a beta of 1.64. The firm's 50-day moving average price is $62.76 and its two-hundred day moving average price is $62.22. Aptiv has a fifty-two week low of $47.75 and a fifty-two week high of $85.56. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.53 and a quick ratio of 1.07.

Aptiv (NYSE:APTV - Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The auto parts company reported $1.75 earnings per share for the quarter, topping analysts' consensus estimates of $1.63 by $0.12. Aptiv had a return on equity of 15.63% and a net margin of 9.07%. On average, research analysts expect that Aptiv will post 7.2 EPS for the current year.

Insider Activity

In other Aptiv news, SVP Benjamin Lyon sold 14,568 shares of the business's stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $65.50, for a total transaction of $954,204.00. Following the completion of the sale, the senior vice president now owns 125,237 shares of the company's stock, valued at approximately $8,203,023.50. The trade was a 10.42 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.45% of the company's stock.

Institutional Trading of Aptiv

A number of institutional investors and hedge funds have recently bought and sold shares of APTV. Picton Mahoney Asset Management purchased a new position in shares of Aptiv in the 4th quarter valued at $37,000. Versant Capital Management Inc raised its position in Aptiv by 201.7% in the first quarter. Versant Capital Management Inc now owns 703 shares of the auto parts company's stock valued at $42,000 after purchasing an additional 470 shares during the period. CENTRAL TRUST Co lifted its stake in shares of Aptiv by 356.3% during the fourth quarter. CENTRAL TRUST Co now owns 867 shares of the auto parts company's stock worth $52,000 after purchasing an additional 677 shares in the last quarter. MassMutual Private Wealth & Trust FSB boosted its position in shares of Aptiv by 164.7% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 1,363 shares of the auto parts company's stock worth $81,000 after buying an additional 848 shares during the period. Finally, GeoWealth Management LLC grew its stake in shares of Aptiv by 203.2% in the fourth quarter. GeoWealth Management LLC now owns 1,525 shares of the auto parts company's stock valued at $92,000 after buying an additional 1,022 shares in the last quarter. Institutional investors and hedge funds 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.