Aptiv PLC (NYSE:APTV) Shares Sold by Wellington Management Group LLP

Wellington Management Group LLP lessened its stake in shares of Aptiv PLC (NYSE:APTV - Free Report) by 10.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 483,159 shares of the auto parts company's stock after selling 55,883 shares during the quarter. Wellington Management Group LLP owned about 0.21% of Aptiv worth $29,221,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in APTV. South Dakota Investment Council boosted its holdings in shares of Aptiv by 32.9% in the fourth quarter. South Dakota Investment Council now owns 128,954 shares of the auto parts company's stock worth $7,799,000 after buying an additional 31,941 shares during the last quarter. Focus Financial Network Inc. bought a new position in Aptiv in the 4th quarter worth $379,000. Public Employees Retirement System of Ohio bought a new position in shares of Aptiv in the third quarter worth about $14,893,000. Shorepath Capital Management LLC lifted its position in shares of Aptiv by 21.8% during the 4th quarter. Shorepath Capital Management LLC now owns 66,104 shares of the auto parts company's stock valued at $3,998,000 after buying an additional 11,835 shares in the last quarter. Finally, Royal London Asset Management Ltd. increased its holdings in Aptiv by 10.3% in the 3rd quarter. Royal London Asset Management Ltd. now owns 109,504 shares of the auto parts company's stock worth $7,885,000 after acquiring an additional 10,226 shares in the last quarter. 94.21% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, SVP Benjamin Lyon sold 14,568 shares of the stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $65.50, for a total transaction of $954,204.00. Following the sale, the senior vice president now directly owns 125,237 shares of the company's stock, valued at $8,203,023.50. This represents a 10.42 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.45% of the stock is currently owned by company insiders.

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Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. Piper Sandler lifted their target price on shares of Aptiv from $65.00 to $67.00 and gave the company a "neutral" rating in a research note on Thursday, March 20th. HSBC upgraded Aptiv from a "hold" rating to a "buy" rating and increased their target price for the stock from $63.00 to $77.00 in a research report on Tuesday, February 4th. Robert W. Baird upgraded Aptiv from a "neutral" rating to an "outperform" rating and upped their price target for the stock from $75.00 to $82.00 in a research note on Monday, January 27th. Deutsche Bank Aktiengesellschaft upgraded shares of Aptiv from a "hold" rating to a "buy" rating and set a $78.00 price objective on the stock in a research report on Friday, February 7th. Finally, Argus upgraded shares of Aptiv to a "strong-buy" rating in a research note on Tuesday, February 11th. One research analyst has rated the stock with a sell rating, six have issued a hold rating, fifteen have issued 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 an average price target of $84.78.

Aptiv Stock Down 2.9 %

NYSE APTV traded down $1.42 on Friday, hitting $48.00. The stock had a trading volume of 4,486,209 shares, compared to its average volume of 3,507,867. Aptiv PLC has a 52-week low of $47.19 and a 52-week high of $85.56. The business's fifty day moving average price is $61.94 and its 200 day moving average price is $61.74. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.53 and a quick ratio of 1.07. The stock has a market cap of $11.01 billion, a price-to-earnings ratio of 6.98, a price-to-earnings-growth ratio of 0.62 and a beta of 1.64.

Aptiv (NYSE:APTV - Get Free Report) last issued its quarterly earnings results 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%. Equities research analysts anticipate that Aptiv PLC will post 7.2 earnings per share for the current year.

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.