Aptiv (NYSE:APTV) Earns Hold Rating from Analysts at StockNews.com

StockNews.com started coverage on shares of Aptiv (NYSE:APTV - Get Free Report) in a report released on Monday. The brokerage set a "hold" rating on the auto parts company's stock.

Other analysts also recently issued research reports about the company. Wells Fargo & Company dropped their price target on Aptiv from $74.00 to $70.00 and set an "overweight" rating on the stock in a research note on Monday, December 16th. Morgan Stanley dropped their target price on Aptiv from $68.00 to $60.00 and set an "underweight" rating on the stock in a research report on Thursday, November 14th. Oppenheimer reduced their price target on Aptiv from $147.00 to $83.00 and set an "outperform" rating for the company in a research report on Friday, November 1st. JPMorgan Chase & Co. lifted their price objective on shares of Aptiv from $107.00 to $113.00 and gave the company an "overweight" rating in a report on Monday, October 21st. Finally, Royal Bank of Canada cut their price objective on shares of Aptiv from $82.00 to $72.00 and set an "outperform" rating on the stock in a research report on Friday, November 1st. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and thirteen have issued a buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $84.29.

Aptiv Trading Up 1.5 %

Shares of Aptiv stock traded up $0.92 during trading on Monday, reaching $61.45. 2,958,445 shares of the company were exchanged, compared to its average volume of 2,897,582. The business has a 50-day moving average price of $57.63 and a 200-day moving average price of $65.70. The firm has a market capitalization of $14.44 billion, a price-to-earnings ratio of 6.86, a P/E/G ratio of 0.59 and a beta of 1.75. The company has a quick ratio of 1.06, a current ratio of 1.50 and a debt-to-equity ratio of 0.91. Aptiv has a twelve month low of $51.47 and a twelve month high of $88.89.

Aptiv (NYSE:APTV - Get Free Report) last posted its 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 company had revenue of $4.85 billion during the quarter, compared to analyst estimates of $5.10 billion. During the same period in the previous year, the company earned $1.30 EPS. The company's revenue for the quarter was down 5.1% compared to the same quarter last year. Sell-side analysts anticipate that Aptiv will post 6.15 EPS for the current fiscal year.

Hedge Funds Weigh In On Aptiv

Institutional investors and hedge funds have recently modified their holdings of the stock. Wolff Wiese Magana LLC boosted its holdings in shares of Aptiv by 44.3% during the 3rd quarter. Wolff Wiese Magana LLC now owns 505 shares of the auto parts company's stock worth $36,000 after buying an additional 155 shares during the period. Mather Group LLC. boosted its holdings in shares of Aptiv by 36.9% during the third quarter. Mather Group LLC. now owns 653 shares of the auto parts company's stock worth $47,000 after acquiring an additional 176 shares during the period. Farther Finance Advisors LLC grew its position in shares of Aptiv by 16.8% in the third quarter. Farther Finance Advisors LLC now owns 1,225 shares of the auto parts company's stock valued at $88,000 after purchasing an additional 176 shares during the last quarter. First Horizon Advisors Inc. increased its stake in shares of Aptiv by 4.9% during the third quarter. First Horizon Advisors Inc. now owns 4,632 shares of the auto parts company's stock worth $334,000 after purchasing an additional 218 shares during the period. Finally, 1834 Investment Advisors Co. lifted its holdings in Aptiv by 6.6% during the 3rd quarter. 1834 Investment Advisors Co. now owns 4,483 shares of the auto parts company's stock worth $323,000 after purchasing an additional 276 shares during the last quarter. 94.21% of the stock is currently owned by institutional investors and hedge funds.

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.