Aberdeen Group plc Has $18.27 Million Stock Position in Aptiv PLC $APTV

Aberdeen Group plc lifted its stake in shares of Aptiv PLC (NYSE:APTVFree Report) by 10.9% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 267,854 shares of the auto parts company’s stock after purchasing an additional 26,356 shares during the quarter. Aberdeen Group plc owned 0.12% of Aptiv worth $18,273,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Gamco Investors INC. ET AL grew its holdings in shares of Aptiv by 1.7% during the 1st quarter. Gamco Investors INC. ET AL now owns 9,760 shares of the auto parts company’s stock worth $581,000 after purchasing an additional 160 shares in the last quarter. AlTi Global Inc. lifted its position in shares of Aptiv by 1.6% during the 1st quarter. AlTi Global Inc. now owns 10,677 shares of the auto parts company’s stock worth $635,000 after buying an additional 173 shares during the last quarter. Stephens Inc. AR lifted its position in shares of Aptiv by 5.4% during the 1st quarter. Stephens Inc. AR now owns 3,941 shares of the auto parts company’s stock worth $234,000 after buying an additional 201 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. lifted its position in shares of Aptiv by 2.9% during the 1st quarter. Tokio Marine Asset Management Co. Ltd. now owns 8,443 shares of the auto parts company’s stock worth $502,000 after buying an additional 235 shares during the last quarter. Finally, OLD Second National Bank of Aurora lifted its position in shares of Aptiv by 1.0% during the 1st quarter. OLD Second National Bank of Aurora now owns 24,547 shares of the auto parts company’s stock worth $1,461,000 after buying an additional 239 shares during the last quarter. 94.21% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, CAO Allan J. Brazier sold 1,000 shares of the firm’s 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 completion of the transaction, the chief accounting officer directly owned 49,820 shares in the company, valued at $4,234,700. This trade represents a 1.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.45% of the stock is owned by company insiders.

Aptiv Stock Performance

Shares of APTV stock opened at $82.73 on Wednesday. The business’s 50-day moving average price is $80.32 and its 200-day moving average price is $69.56. Aptiv PLC has a 12 month low of $47.19 and a 12 month high of $88.80. The firm has a market capitalization of $18.02 billion, a price-to-earnings ratio of 18.93, a PEG ratio of 0.90 and a beta of 1.55. The company has a current ratio of 1.76, a quick ratio of 1.24 and a debt-to-equity ratio of 0.79.

Aptiv (NYSE:APTVGet Free Report) last issued its quarterly earnings data on Thursday, July 31st. The auto parts company reported $2.12 earnings per share (EPS) for the quarter, topping 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 company had revenue of $5.21 billion during the quarter, compared to the consensus estimate of $5.02 billion. During the same period last year, the company earned $1.58 earnings per share. The firm’s revenue was up 3.1% compared to the same quarter last year. Aptiv has set its FY 2025 guidance at 7.300-7.600 EPS. Q3 2025 guidance at 1.600-1.800 EPS. Equities research analysts forecast that Aptiv PLC will post 7.2 EPS for the current year.

Analyst Ratings Changes

Several analysts recently weighed in on the company. Royal Bank Of Canada upped their price objective on Aptiv from $92.00 to $101.00 and gave the stock an “outperform” rating in a research report on Friday, October 10th. Barclays upgraded Aptiv from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $85.00 to $105.00 in a research report on Friday, September 12th. Deutsche Bank Aktiengesellschaft upped their price objective on Aptiv from $84.00 to $105.00 in a research report on Friday, October 10th. Wall Street Zen upgraded Aptiv from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, September 23rd. Finally, Bank of America lifted their price target on Aptiv from $85.00 to $95.00 and gave the company a “buy” rating in a research note on Wednesday, September 10th. Three equities research 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 assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Aptiv has an average rating of “Moderate Buy” and an average target price of $92.47.

Read Our Latest Stock Analysis on APTV

Aptiv Company 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.

Further Reading

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Institutional Ownership by Quarter for Aptiv (NYSE:APTV)

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