Olstein Capital Management L.P. Buys 27,000 Shares of Aptiv PLC (NYSE:APTV)

Olstein Capital Management L.P. lifted its stake in Aptiv PLC (NYSE:APTV - Free Report) by 32.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 109,000 shares of the auto parts company's stock after acquiring an additional 27,000 shares during the period. Olstein Capital Management L.P.'s holdings in Aptiv were worth $7,849,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Wolff Wiese Magana LLC increased its position in shares of Aptiv by 44.3% during the third quarter. Wolff Wiese Magana LLC now owns 505 shares of the auto parts company's stock valued at $36,000 after purchasing an additional 155 shares during the period. Signaturefd LLC increased its holdings in Aptiv by 6.2% in the 2nd quarter. Signaturefd LLC now owns 2,682 shares of the auto parts company's stock valued at $189,000 after buying an additional 156 shares during the period. Mather Group LLC. raised its stake in shares of Aptiv by 36.9% in the 3rd quarter. Mather Group LLC. now owns 653 shares of the auto parts company's stock valued at $47,000 after buying an additional 176 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of Aptiv by 16.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,225 shares of the auto parts company's stock worth $88,000 after acquiring an additional 176 shares during the period. Finally, Crewe Advisors LLC boosted its position in shares of Aptiv by 94.7% during the 2nd quarter. Crewe Advisors LLC now owns 442 shares of the auto parts company's stock valued at $31,000 after acquiring an additional 215 shares in the last quarter. Institutional investors own 94.21% of the company's stock.

Aptiv Trading Up 3.4 %

Shares of NYSE APTV traded up $1.81 during mid-day trading on Thursday, hitting $55.64. The company's stock had a trading volume of 4,320,075 shares, compared to its average volume of 3,087,488. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.50 and a quick ratio of 1.06. The stock has a market cap of $13.08 billion, a price-to-earnings ratio of 6.22, a price-to-earnings-growth ratio of 0.52 and a beta of 1.81. The company's fifty day simple moving average is $68.62 and its 200-day simple moving average is $72.11. Aptiv PLC has a one year low of $52.81 and a one year high of $91.66.

Aptiv (NYSE:APTV - Get Free Report) last posted its quarterly earnings results on Thursday, October 31st. The auto parts company reported $1.83 earnings per share (EPS) for the quarter, topping the consensus estimate 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 period last year, the company earned $1.30 EPS. The firm's revenue was down 5.1% on a year-over-year basis. On average, sell-side analysts anticipate that Aptiv PLC will post 6.19 earnings per share for the current fiscal year.

Analyst Ratings Changes

APTV has been the topic of a number of recent research reports. Wolfe Research started coverage on Aptiv in a report on Thursday, September 5th. They set an "outperform" rating and a $89.00 price objective on the stock. Morgan Stanley decreased their price target on Aptiv from $70.00 to $68.00 and set an "underweight" rating on the stock in a research note on Wednesday, September 25th. Oppenheimer dropped their price objective on Aptiv from $147.00 to $83.00 and set an "outperform" rating for the company in a research note on Friday, November 1st. Barclays reduced their target price on shares of Aptiv from $100.00 to $80.00 and set an "overweight" rating on the stock in a research note on Monday. Finally, UBS Group dropped their target price on shares of Aptiv from $107.00 to $99.00 and set a "buy" rating for the company in a research report on Wednesday, July 10th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, Aptiv has a consensus rating of "Moderate Buy" and a consensus price target of $87.00.

Aptiv 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.