Aptiv PLC $APTV Shares Sold by Lecap Asset Management Ltd.

Lecap Asset Management Ltd. trimmed its position in Aptiv PLC (NYSE:APTVFree Report) by 67.3% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,843 shares of the auto parts company’s stock after selling 22,346 shares during the quarter. Lecap Asset Management Ltd.’s holdings in Aptiv were worth $740,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in APTV. Middleton & Co. Inc. MA increased its stake in Aptiv by 63.1% during the first quarter. Middleton & Co. Inc. MA now owns 33,668 shares of the auto parts company’s stock valued at $2,003,000 after purchasing an additional 13,026 shares during the last quarter. Principal Financial Group Inc. grew its position in shares of Aptiv by 3.5% during the 1st quarter. Principal Financial Group Inc. now owns 282,787 shares of the auto parts company’s stock valued at $16,826,000 after buying an additional 9,552 shares during the last quarter. Crossmark Global Holdings Inc. raised its stake in Aptiv by 89.5% during the first quarter. Crossmark Global Holdings Inc. now owns 22,411 shares of the auto parts company’s stock worth $1,333,000 after acquiring an additional 10,585 shares during the period. GAMMA Investing LLC lifted its holdings in Aptiv by 348.2% in the first quarter. GAMMA Investing LLC now owns 2,752 shares of the auto parts company’s stock worth $164,000 after acquiring an additional 2,138 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in Aptiv by 5.5% in the first quarter. Envestnet Asset Management Inc. now owns 303,652 shares of the auto parts company’s stock valued at $18,067,000 after acquiring an additional 15,849 shares during the period. 94.21% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of analysts have recently weighed in on APTV shares. UBS Group increased their price target on Aptiv from $66.00 to $75.00 and gave the stock a “neutral” rating in a research report on Monday, July 14th. Bank of America raised their target price on Aptiv from $85.00 to $95.00 and gave the company a “buy” rating in a research note on Wednesday, September 10th. Daiwa Capital Markets boosted their price target on shares of Aptiv from $79.00 to $100.00 and gave the company an “outperform” rating in a report on Wednesday. Oppenheimer increased their price objective on shares of Aptiv from $88.00 to $92.00 and gave the stock an “outperform” rating in a report on Thursday, September 11th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Aptiv from $85.00 to $90.00 and gave the company an “overweight” rating in a research note on Friday, August 1st. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $86.63.

Get Our Latest Report on APTV

Aptiv Trading Up 0.2%

Aptiv stock opened at $87.28 on Friday. Aptiv PLC has a 12-month low of $47.19 and a 12-month high of $87.73. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.76 and a quick ratio of 1.24. The stock has a market capitalization of $19.01 billion, a PE ratio of 19.97, a price-to-earnings-growth ratio of 0.97 and a beta of 1.55. The firm has a 50 day simple moving average of $77.64 and a 200-day simple moving average of $68.35.

Aptiv (NYSE:APTVGet Free Report) last released its earnings results on Thursday, July 31st. The auto parts company reported $2.12 earnings per share for the quarter, topping analysts’ consensus estimates of $1.83 by $0.29. The firm had revenue of $5.21 billion during the quarter, compared to the consensus estimate of $5.02 billion. Aptiv had a return on equity of 18.46% and a net margin of 5.12%.The firm’s revenue for the quarter was up 3.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.58 earnings per share. Aptiv has set its FY 2025 guidance at 7.300-7.600 EPS. Q3 2025 guidance at 1.600-1.800 EPS. As a group, equities research analysts expect that Aptiv PLC will post 7.2 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CAO Allan J. Brazier sold 1,000 shares of Aptiv stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $85.00, for a total transaction of $85,000.00. Following the transaction, the chief accounting officer directly owned 49,820 shares of the company’s stock, valued at $4,234,700. The trade was a 1.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.45% of the stock is owned by corporate insiders.

Aptiv Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Aptiv (NYSE:APTV)

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