Aptiv PLC (NYSE:APTV) Holdings Lowered by Whittier Trust Co.

Whittier Trust Co. lessened its stake in shares of Aptiv PLC (NYSE:APTV) by 8.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 13,949 shares of the auto parts company’s stock after selling 1,349 shares during the period. Whittier Trust Co.’s holdings in Aptiv were worth $843,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of APTV. Brown Brothers Harriman & Co. boosted its position in shares of Aptiv by 1,410.3% in the third quarter. Brown Brothers Harriman & Co. now owns 438 shares of the auto parts company’s stock worth $32,000 after buying an additional 409 shares during the period. Picton Mahoney Asset Management acquired a new stake in Aptiv during the fourth quarter valued at $37,000. Brooklyn Investment Group acquired a new position in Aptiv in the 3rd quarter worth about $43,000. CENTRAL TRUST Co raised its stake in shares of Aptiv by 356.3% during the 4th quarter. CENTRAL TRUST Co now owns 867 shares of the auto parts company’s stock worth $52,000 after purchasing an additional 677 shares in the last quarter. Finally, Transamerica Financial Advisors Inc. acquired a new stake in shares of Aptiv during the 3rd quarter valued at about $64,000. 94.21% of the stock is owned by hedge funds and other institutional investors.

Aptiv Stock Performance

NYSE APTV opened at $62.40 on Friday. The firm has a market cap of $14.32 billion, a price-to-earnings ratio of 9.07, a PEG ratio of 0.62 and a beta of 1.78. The company has a current ratio of 1.53, a quick ratio of 1.07 and a debt-to-equity ratio of 0.87. Aptiv PLC has a 1-year low of $51.47 and a 1-year high of $85.56. The company has a 50 day moving average of $63.82 and a 200-day moving average of $63.19.

Aptiv (NYSE:APTV) last issued its quarterly earnings data on Thursday, February 6th. The auto parts company reported $1.75 EPS for the quarter, topping analysts’ consensus estimates of $1.63 by $0.12. Aptiv had a net margin of 9.07% and a return on equity of 15.63%. On average, equities analysts forecast that Aptiv PLC will post 7.2 earnings per share for the current fiscal year.

Analyst Ratings Changes

APTV has been the topic of a number of research reports. Oppenheimer increased their price objective on Aptiv from $83.00 to $85.00 and gave the stock an “outperform” rating in a report on Friday, February 7th. Baird R W upgraded shares of Aptiv from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 27th. Deutsche Bank Aktiengesellschaft raised Aptiv from a “hold” rating to a “buy” rating and set a $78.00 target price on the stock in a report on Friday, February 7th. Piper Sandler boosted their target price on shares of Aptiv from $65.00 to $67.00 and gave the stock a “neutral” rating in a research report on Thursday. Finally, Wells Fargo & Company increased their price target on shares of Aptiv from $76.00 to $86.00 and gave the company an “overweight” rating in a report on Friday, February 7th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, sixteen have issued a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat.com, Aptiv has a consensus rating of “Moderate Buy” and a consensus target price of $86.61.

Insider Buying and Selling at Aptiv

In other Aptiv news, SVP Benjamin Lyon sold 14,568 shares of the business’s stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $65.50, for a total transaction of $954,204.00. Following the completion of the sale, the senior vice president now directly owns 125,237 shares of the company’s stock, valued at approximately $8,203,023.50. The trade was a 10.42 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.45% 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.