445,812 Shares in Aptiv PLC $APTV Acquired by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in Aptiv PLC (NYSE:APTV) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 445,812 shares of the auto parts company’s stock, valued at approximately $27,364,000.

Other institutional investors also recently bought and sold shares of the company. California State Teachers Retirement System boosted its holdings in shares of Aptiv by 6,192.6% during the second quarter. California State Teachers Retirement System now owns 20,102,073 shares of the auto parts company’s stock worth $1,233,865,000 after purchasing an additional 19,782,619 shares during the last quarter. Norges Bank acquired a new stake in Aptiv in the 4th quarter worth about $634,961,000. Balyasny Asset Management L.P. grew its holdings in Aptiv by 6,711.4% in 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 buying an additional 1,413,022 shares during the period. Man Group plc increased its stake in shares of Aptiv by 155.8% during the 3rd quarter. Man Group plc now owns 2,045,025 shares of the auto parts company’s stock valued at $176,322,000 after acquiring an additional 1,245,533 shares during the last quarter. Finally, Bank of New York Mellon Corp purchased a new position in shares of Aptiv during the 2nd quarter worth about $61,065,000. 94.21% of the stock is currently owned by institutional investors and hedge funds.

Aptiv Trading Down 0.0%

Shares of APTV stock opened at $47.94 on Tuesday. The stock has a market cap of $9.95 billion, a price-to-earnings ratio of 45.23, a price-to-earnings-growth ratio of 0.93 and a beta of 1.45. The company has a quick ratio of 1.33, a current ratio of 2.02 and a debt-to-equity ratio of 0.61. Aptiv PLC has a fifty-two week low of $44.52 and a fifty-two week high of $88.93. The firm’s 50 day moving average price is $53.04 and its two-hundred day moving average price is $60.76.

Aptiv (NYSE:APTV) last released its quarterly earnings data on Tuesday, August 4th. The auto parts company reported $1.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.42 by $0.21. Aptiv had a net margin of 1.17% and a return on equity of 17.10%. The company had revenue of $3.27 billion during the quarter, compared to analyst estimates of $3.31 billion. During the same quarter in the prior year, the business earned $2.12 earnings per share. The business’s quarterly revenue was up 2.3% compared to the same quarter last year. Aptiv has set its FY 2026 guidance at 5.600-5.800 EPS and its Q3 2026 guidance at 1.250-1.350 EPS. On average, analysts anticipate that Aptiv PLC will post 5.69 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the stock. Argus set a $64.00 target price on shares of Aptiv in a report on Thursday, August 13th. Piper Sandler dropped their price objective on Aptiv from $106.00 to $94.00 and set an “overweight” rating for the company in a report on Monday, June 8th. Weiss Ratings lowered Aptiv from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, August 11th. JPMorgan Chase & Co. reduced their target price on Aptiv from $84.00 to $75.00 and set an “overweight” rating on the stock in a report on Friday, July 10th. Finally, The Goldman Sachs Group lowered their price target on Aptiv from $82.00 to $71.00 and set a “buy” rating for the company in a research report on Wednesday, August 5th. Nineteen analysts have rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Aptiv has an average rating of “Moderate Buy” and an average price target of $76.50.

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.