Scotia Capital Inc. Has $2.03 Million Stock Holdings in Aptiv PLC $APTV

Scotia Capital Inc. grew its stake in shares of Aptiv PLC (NYSE:APTV) by 7.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 29,763 shares of the auto parts company’s stock after purchasing an additional 1,952 shares during the period. Scotia Capital Inc.’s holdings in Aptiv were worth $2,030,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of APTV. Middleton & Co. Inc. MA boosted its position in shares of Aptiv by 63.1% in the first quarter. Middleton & Co. Inc. MA now owns 33,668 shares of the auto parts company’s stock worth $2,003,000 after buying an additional 13,026 shares during the period. Envestnet Asset Management Inc. raised its position in Aptiv by 10.7% during the second quarter. Envestnet Asset Management Inc. now owns 336,000 shares of the auto parts company’s stock valued at $22,922,000 after buying an additional 32,348 shares during the period. Pallas Capital Advisors LLC lifted its stake in Aptiv by 337.3% in the 2nd quarter. Pallas Capital Advisors LLC now owns 14,883 shares of the auto parts company’s stock worth $1,015,000 after acquiring an additional 11,480 shares in the last quarter. Los Angeles Capital Management LLC boosted its position in Aptiv by 1,859.4% during the 2nd quarter. Los Angeles Capital Management LLC now owns 144,782 shares of the auto parts company’s stock worth $9,877,000 after acquiring an additional 137,393 shares during the period. Finally, Assetmark Inc. grew its stake in Aptiv by 16.1% during the 2nd quarter. Assetmark Inc. now owns 5,811 shares of the auto parts company’s stock valued at $396,000 after acquiring an additional 805 shares in the last quarter. Hedge funds and other institutional investors own 94.21% of the company’s stock.

Aptiv Stock Performance

APTV stock opened at $77.55 on Monday. The firm has a 50 day moving average of $82.30 and a two-hundred day moving average of $75.53. Aptiv PLC has a 12 month low of $47.19 and a 12 month high of $88.80. The company has a market capitalization of $16.76 billion, a price-to-earnings ratio of 61.55, a P/E/G ratio of 0.79 and a beta of 1.51. The company has a quick ratio of 1.26, a current ratio of 1.79 and a debt-to-equity ratio of 0.80.

Aptiv (NYSE:APTV) last released its quarterly earnings data on Thursday, October 30th. The auto parts company reported $2.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.81 by $0.36. The business had revenue of $5.21 billion during the quarter, compared to analyst estimates of $5.05 billion. Aptiv had a net margin of 1.46% and a return on equity of 18.51%. Aptiv’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.83 EPS. Aptiv has set its FY 2025 guidance at 7.550-7.850 EPS. Q4 2025 guidance at 1.600-1.900 EPS. As a group, equities analysts anticipate that Aptiv PLC will post 7.2 EPS for the current fiscal year.

Insider Activity

In other news, CAO Allan J. Brazier sold 1,000 shares of the company’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 sale, the chief accounting officer owned 49,820 shares in the company, valued at approximately $4,234,700. This represents a 1.97% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.45% of the company’s stock.

Analysts Set New Price Targets

APTV has been the subject of a number of research analyst reports. Morgan Stanley increased their price target on shares of Aptiv from $55.00 to $60.00 and gave the stock an “underweight” rating in a research report on Tuesday, August 12th. Cowen reiterated a “buy” rating on shares of Aptiv in a research note on Friday, October 31st. Evercore ISI increased their target price on shares of Aptiv from $95.00 to $100.00 and gave the stock an “outperform” rating in a research report on Monday, November 24th. Barclays raised shares of Aptiv from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from $85.00 to $105.00 in a research note on Friday, September 12th. Finally, Bank of America upped their price target on shares of Aptiv from $85.00 to $95.00 and gave the stock a “buy” rating in a research note on Wednesday, September 10th. Three analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, six have assigned 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 an average target price of $95.42.

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.