Allspring Global Investments Holdings LLC Buys 33,441 Shares of Aptiv PLC $APTV

Allspring Global Investments Holdings LLC lifted its stake in shares of Aptiv PLC (NYSE:APTV) by 1.3% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,678,612 shares of the auto parts company’s stock after purchasing an additional 33,441 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Aptiv were worth $191,976,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. CWM LLC raised its stake in shares of Aptiv by 212.4% during the 2nd quarter. CWM LLC now owns 44,220 shares of the auto parts company’s stock worth $3,017,000 after purchasing an additional 30,066 shares in the last quarter. Aberdeen Group plc raised its stake in shares of Aptiv by 10.9% during the 2nd quarter. Aberdeen Group plc now owns 267,854 shares of the auto parts company’s stock worth $18,273,000 after purchasing an additional 26,356 shares in the last quarter. JB Capital LLC raised its stake in shares of Aptiv by 2.4% during the 2nd quarter. JB Capital LLC now owns 47,483 shares of the auto parts company’s stock worth $3,239,000 after purchasing an additional 1,110 shares in the last quarter. IFP Advisors Inc raised its stake in shares of Aptiv by 162.3% during the 2nd quarter. IFP Advisors Inc now owns 1,296 shares of the auto parts company’s stock worth $88,000 after purchasing an additional 802 shares in the last quarter. Finally, Copperwynd Financial LLC increased its holdings in shares of Aptiv by 3.4% during the 2nd quarter. Copperwynd Financial LLC now owns 10,144 shares of the auto parts company’s stock worth $692,000 after acquiring an additional 329 shares during the last quarter. Institutional investors own 94.21% of the company’s stock.

Wall Street Analyst Weigh In

APTV has been the topic of a number of recent analyst reports. Robert W. Baird boosted their target price on Aptiv from $97.00 to $105.00 and gave the stock an “outperform” rating in a report on Wednesday, October 8th. Citigroup initiated coverage on Aptiv in a report on Friday. They set a “buy” rating and a $109.00 target price on the stock. Wells Fargo & Company boosted their target price on Aptiv from $103.00 to $106.00 and gave the stock an “overweight” rating in a report on Thursday, September 25th. TD Cowen boosted their target price on Aptiv from $94.00 to $104.00 and gave the stock a “buy” rating in a report on Thursday. Finally, UBS Group boosted their target price on Aptiv from $75.00 to $94.00 and gave the stock a “neutral” rating in a report on Monday, October 6th. Three analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Aptiv has a consensus rating of “Moderate Buy” and a consensus price target of $92.47.

Insider Buying and Selling

In other Aptiv news, CAO Allan J. Brazier sold 1,000 shares of the company’s stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $85.00, for a total value 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. This represents a 1.97% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 0.45% of the stock is currently owned by corporate insiders.

Aptiv Stock Performance

Shares of NYSE APTV opened at $80.70 on Monday. 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’s fifty day moving average price is $79.62 and its two-hundred day moving average price is $69.32. Aptiv PLC has a one year low of $47.19 and a one year high of $88.80. The firm has a market cap of $17.57 billion, a price-to-earnings ratio of 18.47, a P/E/G ratio of 0.90 and a beta of 1.55.

Aptiv (NYSE:APTV) last issued its quarterly earnings data on Thursday, July 31st. The auto parts company reported $2.12 EPS for the quarter, beating analysts’ consensus estimates of $1.83 by $0.29. Aptiv had a return on equity of 18.46% and a net margin of 5.12%.The firm had revenue of $5.21 billion for the quarter, compared to analyst estimates of $5.02 billion. During the same period in the prior year, the firm posted $1.58 EPS. The company’s revenue for the quarter was up 3.1% on a year-over-year basis. Aptiv has set its FY 2025 guidance at 7.300-7.600 EPS. Q3 2025 guidance at 1.600-1.800 EPS. On average, equities analysts forecast that Aptiv PLC will post 7.2 EPS for the current year.

Aptiv 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.