Aptiv PLC (NYSE:APTV – Get Free Report)’s stock price reached a new 52-week low during trading on Tuesday . The stock traded as low as $46.15 and last traded at $46.2210, with a volume of 587631 shares traded. The stock had previously closed at $47.34.
Wall Street Analysts Forecast Growth
Several research firms have issued reports on APTV. Evercore restated an “outperform” rating and set a $70.00 price target on shares of Aptiv in a report on Monday, August 10th. Piper Sandler lowered their target price on shares of Aptiv from $106.00 to $94.00 and set an “overweight” rating on the stock in a report on Monday, June 8th. The Goldman Sachs Group dropped their price objective on Aptiv from $82.00 to $71.00 and set a “buy” rating on the stock in a research note on Wednesday, August 5th. Fox Advisors downgraded Aptiv from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, August 5th. Finally, Wall Street Zen lowered shares of Aptiv from a “buy” rating to a “hold” rating in a research report on Saturday, June 6th. Nineteen analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $76.50.
View Our Latest Report on APTV
Aptiv Stock Down 0.6%
Aptiv (NYSE:APTV – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The auto parts company reported $1.63 earnings per share for the quarter, topping the consensus estimate of $1.42 by $0.21. The business had revenue of $3.27 billion for the quarter, compared to the consensus estimate of $3.31 billion. Aptiv had a net margin of 1.17% and a return on equity of 17.10%. The company’s quarterly revenue was up 2.3% on a year-over-year basis. During the same period last year, the firm earned $2.12 earnings per share. Aptiv has set its FY 2026 guidance at 5.600-5.800 EPS and its Q3 2026 guidance at 1.250-1.350 EPS. As a group, equities analysts predict that Aptiv PLC will post 5.69 earnings per share for the current fiscal year.
Insider Buying and Selling
In other Aptiv news, EVP Katherine H. Ramundo sold 2,000 shares of the stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $78.30, for a total transaction of $156,600.00. Following the completion of the sale, the executive vice president directly owned 163,752 shares of the company’s stock, valued at $12,821,781.60. This trade represents a 1.21% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 0.06% of the company’s stock.
Institutional Investors Weigh In On Aptiv
Hedge funds have recently bought and sold shares of the business. California State Teachers Retirement System grew its holdings in Aptiv by 6,192.6% during the 2nd quarter. California State Teachers Retirement System now owns 20,102,073 shares of the auto parts company’s stock valued at $1,233,865,000 after purchasing an additional 19,782,619 shares during the last quarter. Norges Bank purchased a new stake in Aptiv in the fourth quarter worth about $634,961,000. Balyasny Asset Management L.P. boosted its position in Aptiv by 6,711.4% during the 2nd quarter. Balyasny Asset Management L.P. now owns 1,434,076 shares of the auto parts company’s stock valued at $97,833,000 after acquiring an additional 1,413,022 shares in the last quarter. Man Group plc raised its holdings in Aptiv by 155.8% in the third quarter. Man Group plc now owns 2,045,025 shares of the auto parts company’s stock worth $176,322,000 after purchasing an additional 1,245,533 shares in the last quarter. Finally, Bank of New York Mellon Corp purchased a new stake in shares of Aptiv during the second quarter valued at about $61,065,000. Hedge funds and other institutional investors own 94.21% of the company’s stock.
Aptiv Company Profile
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.
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