Aptiv PLC (NYSE:APTV) Shares Sold by Cerity Partners LLC

Cerity Partners LLC decreased its position in Aptiv PLC (NYSE:APTV - Free Report) by 35.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,173 shares of the auto parts company's stock after selling 8,933 shares during the period. Cerity Partners LLC's holdings in Aptiv were worth $1,165,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of APTV. Massachusetts Financial Services Co. MA lifted its stake in Aptiv by 15.9% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 12,861,135 shares of the auto parts company's stock valued at $905,681,000 after acquiring an additional 1,764,844 shares during the period. Barrow Hanley Mewhinney & Strauss LLC lifted its stake in Aptiv by 13.7% during the 2nd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 7,515,074 shares of the auto parts company's stock valued at $529,212,000 after acquiring an additional 905,431 shares during the period. Mirova US LLC lifted its stake in Aptiv by 1.8% during the 2nd quarter. Mirova US LLC now owns 2,667,362 shares of the auto parts company's stock valued at $187,836,000 after acquiring an additional 48,393 shares during the period. Allspring Global Investments Holdings LLC lifted its stake in shares of Aptiv by 4.8% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 2,386,232 shares of the auto parts company's stock worth $171,833,000 after purchasing an additional 108,626 shares during the period. Finally, Ninety One UK Ltd lifted its stake in shares of Aptiv by 6.8% in the 2nd quarter. Ninety One UK Ltd now owns 2,236,963 shares of the auto parts company's stock worth $157,527,000 after purchasing an additional 142,717 shares during the period. Institutional investors own 94.21% of the company's stock.

Aptiv Stock Up 0.9 %

APTV traded up $0.50 on Thursday, hitting $56.91. The company had a trading volume of 3,383,147 shares, compared to its average volume of 3,155,874. The stock has a fifty day moving average price of $62.77 and a 200-day moving average price of $68.93. Aptiv PLC has a 12-month low of $51.47 and a 12-month high of $91.66. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.06 and a current ratio of 1.50. The stock has a market capitalization of $13.38 billion, a price-to-earnings ratio of 6.34, a P/E/G ratio of 0.56 and a beta of 1.78.

Aptiv (NYSE:APTV - Get Free Report) last issued its quarterly earnings results on Thursday, October 31st. The auto parts company reported $1.83 earnings per share for the quarter, topping analysts' consensus estimates of $1.68 by $0.15. Aptiv had a return on equity of 14.51% and a net margin of 12.29%. The business had revenue of $4.85 billion for the quarter, compared to analyst estimates of $5.10 billion. During the same quarter in the previous year, the firm earned $1.30 earnings per share. The company's revenue was down 5.1% on a year-over-year basis. Analysts predict that Aptiv PLC will post 6.15 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

APTV has been the topic of several recent research reports. TD Cowen lowered their price objective on shares of Aptiv from $95.00 to $74.00 and set a "buy" rating on the stock in a research note on Friday, November 1st. Royal Bank of Canada reduced their target price on shares of Aptiv from $82.00 to $72.00 and set an "outperform" rating for the company in a report on Friday, November 1st. Bank of America reduced their target price on shares of Aptiv from $105.00 to $102.00 and set a "buy" rating for the company in a report on Monday, October 14th. Nomura Securities raised shares of Aptiv from a "strong sell" rating to a "hold" rating in a report on Monday, August 19th. Finally, JPMorgan Chase & Co. increased their target price on shares of Aptiv from $107.00 to $113.00 and gave the stock an "overweight" rating in a report on Monday, October 21st. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and thirteen have assigned a buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $85.29.

About Aptiv

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.