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

StockNews.com assumed coverage on shares of Aptiv (NYSE:APTV - Get Free Report) in a research note issued on Saturday. The firm set a "hold" rating on the auto parts company's stock.

APTV has been the subject of a number of other research reports. Barclays raised their price objective on shares of Aptiv from $75.00 to $80.00 and gave the company an "overweight" rating in a report on Friday, February 7th. Royal Bank of Canada lifted their price target on shares of Aptiv from $75.00 to $82.00 and gave the stock an "outperform" rating in a report on Friday, February 7th. Evercore ISI reduced their price objective on shares of Aptiv from $105.00 to $95.00 and set an "outperform" rating on the stock in a research note on Monday, February 10th. Piper Sandler raised Aptiv from an "underweight" rating to a "neutral" rating and raised their target price for the stock from $53.00 to $65.00 in a research report on Thursday, January 23rd. Finally, Wells Fargo & Company upped their price target on Aptiv from $76.00 to $86.00 and gave the company an "overweight" rating in a research report on Friday, February 7th. One research analyst has rated the stock with a sell rating, five have given a hold rating, sixteen have given a buy rating and three have assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $85.61.

Aptiv Price Performance

Aptiv stock traded down $0.23 during mid-day trading on Friday, reaching $66.77. The company had a trading volume of 564,125 shares, compared to its average volume of 3,238,595. The business has a fifty day simple moving average of $61.34 and a 200 day simple moving average of $64.00. The company has a market cap of $15.69 billion, a P/E ratio of 9.71, a P/E/G ratio of 0.54 and a beta of 1.74. The company has a current ratio of 1.53, a quick ratio of 1.06 and a debt-to-equity ratio of 0.87. Aptiv has a fifty-two week low of $51.47 and a fifty-two week high of $85.56.

Aptiv (NYSE:APTV - Get Free Report) last issued its quarterly earnings data on Thursday, February 6th. The auto parts company reported $1.75 earnings per share for the quarter, topping analysts' consensus estimates of $1.63 by $0.12. Aptiv had a return on equity of 15.63% and a net margin of 9.07%. On average, equities research analysts predict that Aptiv will post 7.14 earnings per share for the current year.

Institutional Trading of Aptiv

Several hedge funds have recently bought and sold shares of APTV. Brown Brothers Harriman & Co. grew its holdings in shares of Aptiv by 1,410.3% during the third quarter. Brown Brothers Harriman & Co. now owns 438 shares of the auto parts company's stock valued at $32,000 after buying an additional 409 shares during the last quarter. Picton Mahoney Asset Management acquired a new position in Aptiv during the 4th quarter valued at about $37,000. Capital Performance Advisors LLP bought a new stake in Aptiv during the 3rd quarter worth approximately $43,000. Brooklyn Investment Group purchased a new stake in shares of Aptiv in the third quarter worth approximately $43,000. Finally, Hazlett Burt & Watson Inc. lifted its holdings in shares of Aptiv by 100.0% in the third quarter. Hazlett Burt & Watson Inc. now owns 702 shares of the auto parts company's stock valued at $50,000 after purchasing an additional 351 shares in the last quarter. Institutional investors and hedge funds own 94.21% of the company's stock.

Aptiv Company 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.