Meiji Yasuda Asset Management Co Ltd. Lowers Stock Holdings in Aptiv PLC $APTV

Meiji Yasuda Asset Management Co Ltd. trimmed its position in shares of Aptiv PLC (NYSE:APTV) by 43.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 42,245 shares of the auto parts company’s stock after selling 31,806 shares during the quarter. Meiji Yasuda Asset Management Co Ltd.’s holdings in Aptiv were worth $3,214,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Truist Financial Corp boosted its holdings in Aptiv by 1,036.0% during the 3rd quarter. Truist Financial Corp now owns 396,443 shares of the auto parts company’s stock valued at $34,181,000 after acquiring an additional 361,546 shares during the period. Nordea Investment Management AB boosted its holdings in Aptiv by 34.2% during the 4th quarter. Nordea Investment Management AB now owns 4,579,726 shares of the auto parts company’s stock valued at $349,067,000 after acquiring an additional 1,167,946 shares during the period. Allstate Corp purchased a new position in Aptiv during the 3rd quarter valued at about $704,000. Thematics Asset Management boosted its holdings in Aptiv by 56.9% during the 3rd quarter. Thematics Asset Management now owns 261,454 shares of the auto parts company’s stock valued at $22,543,000 after acquiring an additional 94,782 shares during the period. Finally, Ameriprise Financial Inc. purchased a new position in Aptiv during the 3rd quarter valued at about $297,917,000. 94.21% of the stock is currently owned by hedge funds and other institutional investors.

Aptiv Price Performance

APTV stock opened at $57.41 on Friday. The company has a debt-to-equity ratio of 0.98, a current ratio of 2.11 and a quick ratio of 1.57. The firm has a market capitalization of $12.15 billion, a P/E ratio of 33.97, a P/E/G ratio of 0.96 and a beta of 1.42. The business’s 50-day moving average is $61.46 and its two-hundred day moving average is $72.61. Aptiv PLC has a 1 year low of $51.68 and a 1 year high of $88.93.

Aptiv (NYSE:APTV) last posted its quarterly earnings results on Tuesday, May 5th. The auto parts company reported $1.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.62 by $0.09. The company had revenue of $5.09 billion for the quarter, compared to analyst estimates of $5.03 billion. Aptiv had a return on equity of 17.83% and a net margin of 1.77%.Aptiv’s revenue for the quarter was up 5.4% compared to the same quarter last year. During the same quarter last year, the company earned $1.69 EPS. Aptiv has set its FY 2026 guidance at 5.700-6.100 EPS and its Q2 2026 guidance at 1.300-1.500 EPS. Analysts anticipate that Aptiv PLC will post 6.41 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. UBS Group lowered their target price on Aptiv from $97.00 to $80.00 and set a “buy” rating for the company in a report on Thursday, April 2nd. The Goldman Sachs Group initiated coverage on Aptiv in a research report on Monday, April 13th. They issued a “buy” rating and a $74.00 price target on the stock. Weiss Ratings raised Aptiv from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, May 6th. TD Cowen reduced their price target on Aptiv from $93.00 to $90.00 and set a “buy” rating on the stock in a research report on Wednesday, April 15th. Finally, Oppenheimer reduced their price target on Aptiv from $106.00 to $84.00 and set an “outperform” rating on the stock in a research report on Monday, April 13th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $84.15.

About Aptiv

Aptiv plc is a global automotive technology company that develops safer, greener and more connected solutions for the mobility industry. The company designs and supplies advanced electrical architectures, electronic systems and software that enable vehicle connectivity, active safety, advanced driver-assistance systems (ADAS) and autonomous driving capabilities. Aptiv’s customers include major automakers and mobility service providers seeking to integrate higher levels of automation, electrification and software-defined features into production vehicles and mobility platforms.

Product and service offerings span vehicle electrical systems and wiring, connectors and harnesses, high-voltage electrification components, power electronics and charging solutions, sensors and compute platforms that support ADAS and autonomous functions, and the software and services required to integrate and manage these systems.