Nan Shan Life Insurance Co. Ltd. lessened its stake in shares of Aptiv PLC (NYSE:APTV – Free Report) by 27.7% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 497,022 shares of the auto parts company’s stock after selling 190,440 shares during the period. Nan Shan Life Insurance Co. Ltd. owned approximately 0.24% of Aptiv worth $30,507,000 at the end of the most recent reporting period.
Other large investors have also added to or reduced their stakes in the company. NewEdge Advisors LLC boosted its holdings in shares of Aptiv by 502.1% in the 1st quarter. NewEdge Advisors LLC now owns 15,557 shares of the auto parts company’s stock valued at $926,000 after acquiring an additional 12,973 shares during the last quarter. Woodline Partners LP lifted its holdings in Aptiv by 439.2% in the first quarter. Woodline Partners LP now owns 76,109 shares of the auto parts company’s stock valued at $4,528,000 after acquiring an additional 61,994 shares during the period. Focus Partners Wealth boosted its holdings in Aptiv by 110.7% during the first quarter. Focus Partners Wealth now owns 9,511 shares of the auto parts company’s stock worth $566,000 after buying an additional 4,998 shares in the last quarter. Geneos Wealth Management Inc. raised its position in shares of Aptiv by 452.3% in the first quarter. Geneos Wealth Management Inc. now owns 486 shares of the auto parts company’s stock worth $29,000 after acquiring an additional 398 shares during the period. Finally, EverSource Wealth Advisors LLC raised its holdings in Aptiv by 523.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,561 shares of the auto parts company’s stock worth $175,000 after purchasing an additional 2,150 shares during the period. Hedge funds and other institutional investors own 94.21% of the company’s stock.
Analysts Set New Price Targets
A number of equities research analysts recently issued reports on the stock. Weiss Ratings cut shares of Aptiv from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, August 11th. Wall Street Zen lowered Aptiv from a “buy” rating to a “hold” rating in a research note on Saturday, June 6th. UBS Group restated a “buy” rating and issued a $62.00 price objective (down from $80.00) on shares of Aptiv in a report on Wednesday, August 5th. Evercore reissued an “outperform” rating and issued a $70.00 target price on shares of Aptiv in a research note on Monday, August 10th. Finally, Piper Sandler dropped their target price on Aptiv from $106.00 to $94.00 and set an “overweight” rating for the company in a report on Monday, June 8th. Nineteen investment analysts have rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Aptiv has an average rating of “Moderate Buy” and a consensus price target of $76.50.
Aptiv Trading Up 0.5%
Shares of NYSE:APTV opened at $44.99 on Wednesday. Aptiv PLC has a 52 week low of $44.52 and a 52 week high of $88.93. The company has a market cap of $9.34 billion, a PE ratio of 42.44, a P/E/G ratio of 0.87 and a beta of 1.45. The company’s 50 day moving average is $54.13 and its two-hundred day moving average is $61.81. The company has a current ratio of 2.02, a quick ratio of 1.33 and a debt-to-equity ratio of 0.61.
Aptiv (NYSE:APTV – Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The auto parts company reported $1.63 EPS for the quarter, beating analysts’ consensus estimates of $1.42 by $0.21. Aptiv had a net margin of 1.17% and a return on equity of 17.10%. The firm had revenue of $3.27 billion for the quarter, compared to analysts’ expectations of $3.31 billion. During the same period in the prior year, the company earned $2.12 EPS. The firm’s revenue was up 2.3% on a year-over-year basis. Aptiv has set its FY 2026 guidance at 5.600-5.800 EPS and its Q3 2026 guidance at 1.250-1.350 EPS. Equities analysts predict that Aptiv PLC will post 5.69 earnings per share for the current fiscal year.
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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