Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in Aptiv PLC (NYSE:APTV - Free Report) by 8.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 474,151 shares of the auto parts company's stock after acquiring an additional 35,426 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. owned about 0.20% of Aptiv worth $28,700,000 as of its most recent SEC filing.
Several other hedge funds have also made changes to their positions in APTV. Harris Associates L P acquired a new stake in Aptiv during the 3rd quarter worth about $162,640,000. Point72 Asset Management L.P. purchased a new stake in shares of Aptiv in the third quarter worth approximately $143,909,000. Franklin Resources Inc. boosted its holdings in shares of Aptiv by 29.9% during the third quarter. Franklin Resources Inc. now owns 4,738,514 shares of the auto parts company's stock worth $336,861,000 after purchasing an additional 1,090,766 shares during the period. Holocene Advisors LP purchased a new position in Aptiv during the third quarter valued at approximately $56,159,000. Finally, abrdn plc purchased a new position in Aptiv during the fourth quarter valued at approximately $30,374,000. Hedge funds and other institutional investors own 94.21% of the company's stock.
Aptiv Stock Performance
Shares of Aptiv stock traded down $2.32 during trading on Friday, reaching $53.07. The company's stock had a trading volume of 5,973,052 shares, compared to its average volume of 3,447,419. The business's fifty day moving average price is $63.55 and its 200-day moving average price is $62.69. Aptiv PLC has a one year low of $50.15 and a one year high of $85.56. The firm has a market cap of $12.18 billion, a price-to-earnings ratio of 7.71, a price-to-earnings-growth ratio of 0.62 and a beta of 1.78. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.07 and a current ratio of 1.53.
Aptiv (NYSE:APTV - Get Free Report) last issued its quarterly earnings results on Thursday, February 6th. The auto parts company reported $1.75 EPS for the quarter, topping the consensus estimate of $1.63 by $0.12. Aptiv had a return on equity of 15.63% and a net margin of 9.07%. As a group, equities research analysts predict that Aptiv PLC will post 7.2 earnings per share for the current year.
Insider Activity at Aptiv
In other Aptiv news, SVP Benjamin Lyon sold 14,568 shares of the firm's stock in a transaction on Monday, March 10th. The shares were sold at an average price of $65.50, for a total value of $954,204.00. Following the sale, the senior vice president now directly owns 125,237 shares in the company, valued at $8,203,023.50. This trade represents a 10.42 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 0.45% of the company's stock.
Analyst Ratings Changes
A number of brokerages have issued reports on APTV. Hsbc Global Res raised shares of Aptiv from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, February 4th. Evercore ISI reduced their price objective on Aptiv from $105.00 to $95.00 and set an "outperform" rating for the company in a research report on Monday, February 10th. Barclays upped their target price on Aptiv from $75.00 to $80.00 and gave the stock an "overweight" rating in a research report on Friday, February 7th. Raymond James reiterated a "market perform" rating on shares of Aptiv in a report on Monday, February 3rd. Finally, Robert W. Baird upgraded Aptiv from a "neutral" rating to an "outperform" rating and increased their price objective for the stock from $75.00 to $82.00 in a report on Monday, January 27th. One analyst has rated the stock with a sell rating, five have given a hold rating, sixteen have assigned a buy rating and three have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, Aptiv has an average rating of "Moderate Buy" and a consensus target price of $86.61.
Check Out Our Latest Stock Report on APTV
Aptiv Profile
(
Free Report)
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.
Further Reading
Before you consider Aptiv, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Aptiv wasn't on the list.
While Aptiv currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Spring 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
