Forvis Mazars Wealth Advisors LLC boosted its position in shares of Aptiv PLC (NYSE:APTV – Free Report) by 16.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 39,520 shares of the auto parts company’s stock after purchasing an additional 5,501 shares during the period. Forvis Mazars Wealth Advisors LLC’s holdings in Aptiv were worth $2,696,000 at the end of the most recent reporting period.
Other institutional investors have also recently bought and sold shares of the company. Zions Bancorporation National Association UT acquired a new stake in Aptiv during the first quarter valued at $26,000. 1248 Management LLC acquired a new stake in Aptiv during the first quarter valued at $28,000. Geneos Wealth Management Inc. boosted its position in Aptiv by 452.3% during the first quarter. Geneos Wealth Management Inc. now owns 486 shares of the auto parts company’s stock valued at $29,000 after purchasing an additional 398 shares during the last quarter. Mather Group LLC. boosted its position in Aptiv by 155.2% during the first quarter. Mather Group LLC. now owns 633 shares of the auto parts company’s stock valued at $38,000 after purchasing an additional 385 shares during the last quarter. Finally, Eastern Bank acquired a new stake in Aptiv during the first quarter valued at $39,000. Institutional investors and hedge funds own 94.21% of the company’s stock.
Aptiv Price Performance
NYSE APTV opened at $82.79 on Monday. Aptiv PLC has a twelve month low of $47.19 and a twelve month high of $88.80. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.24 and a current ratio of 1.76. The stock has a market capitalization of $18.03 billion, a PE ratio of 18.95, a P/E/G ratio of 0.90 and a beta of 1.55. The stock has a 50-day simple moving average of $81.36 and a 200 day simple moving average of $70.15.
Analyst Ratings Changes
A number of research firms recently issued reports on APTV. Barclays raised Aptiv from an “equal weight” rating to an “overweight” rating and lifted their price objective for the company from $85.00 to $105.00 in a research report on Friday, September 12th. Royal Bank Of Canada boosted their price target on Aptiv from $92.00 to $101.00 and gave the stock an “outperform” rating in a research report on Friday, October 10th. UBS Group boosted their price target on Aptiv from $75.00 to $94.00 and gave the stock a “neutral” rating in a research report on Monday, October 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Aptiv in a research report on Wednesday, October 8th. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on Aptiv from $84.00 to $105.00 in a research report on Friday, October 10th. Three investment analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $92.47.
Check Out Our Latest Analysis on APTV
Insider Buying and Selling
In other Aptiv news, CAO Allan J. Brazier sold 1,000 shares of the company’s stock in a transaction that occurred 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 completion of the transaction, the chief accounting officer owned 49,820 shares of the company’s stock, valued at $4,234,700. This represents a 1.97% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.45% of the stock is currently owned by company insiders.
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.
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