Brokerages Set Aptiv PLC (NYSE:APTV) Target Price at $105.08

Shares of Aptiv PLC (NYSE:APTV - Get Free Report) have been given an average recommendation of "Moderate Buy" by the twelve analysts that are presently covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a sell recommendation, two have given a hold recommendation and eight have given a buy recommendation to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $105.08.

APTV has been the subject of a number of analyst reports. Oppenheimer decreased their price target on Aptiv from $148.00 to $145.00 and set an "outperform" rating for the company in a research note on Friday, May 3rd. Barclays decreased their target price on shares of Aptiv from $112.00 to $110.00 and set an "overweight" rating for the company in a research note on Thursday, April 11th. Wells Fargo & Company dropped their price target on shares of Aptiv from $83.00 to $82.00 and set an "equal weight" rating on the stock in a research report on Tuesday, June 25th. StockNews.com upgraded shares of Aptiv from a "hold" rating to a "buy" rating in a research note on Thursday. Finally, Robert W. Baird raised their target price on shares of Aptiv from $86.00 to $90.00 and gave the company a "neutral" rating in a research note on Friday, May 3rd.

Aptiv Stock Up 0.5 %

Shares of NYSE APTV traded up $0.35 during midday trading on Thursday, reaching $69.79. The company's stock had a trading volume of 1,381,888 shares, compared to its average volume of 3,665,865. The stock has a 50 day simple moving average of $77.53 and a 200-day simple moving average of $79.32. The company has a current ratio of 1.29, a quick ratio of 0.89 and a debt-to-equity ratio of 0.42. The stock has a market capitalization of $18.99 billion, a price-to-earnings ratio of 6.58, a PEG ratio of 0.66 and a beta of 1.79. Aptiv has a fifty-two week low of $65.13 and a fifty-two week high of $113.60.

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

Insider Buying and Selling

In other news, Director Nancy E. Cooper sold 394 shares of the business's stock in a transaction dated 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 sale, the director now owns 13,636 shares of the company's stock, valued at $1,049,699.28. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.34% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Aptiv

Several institutional investors have recently made changes to their positions in APTV. Financial Advocates Investment Management raised its position in Aptiv by 5.9% in the fourth quarter. Financial Advocates Investment Management now owns 2,356 shares of the auto parts company's stock valued at $211,000 after purchasing an additional 132 shares during the last quarter. Broderick Brian C raised its holdings in Aptiv by 0.6% in the 1st quarter. Broderick Brian C now owns 21,728 shares of the auto parts company's stock valued at $1,731,000 after buying an additional 132 shares during the last quarter. Sequoia Financial Advisors LLC boosted its position in Aptiv by 2.3% during the 4th quarter. Sequoia Financial Advisors LLC now owns 6,440 shares of the auto parts company's stock worth $578,000 after buying an additional 145 shares during the period. EverSource Wealth Advisors LLC grew its holdings in Aptiv by 11.2% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,444 shares of the auto parts company's stock worth $130,000 after acquiring an additional 146 shares during the last quarter. Finally, Bangor Savings Bank increased its position in Aptiv by 1.4% in the 4th quarter. Bangor Savings Bank now owns 11,648 shares of the auto parts company's stock valued at $1,045,000 after acquiring an additional 163 shares during the period. 94.21% of the stock is currently owned by institutional investors.

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.