Shares of Aptiv PLC (NYSE:APTV – Get Free Report) hit a new 52-week low during trading on Wednesday . The stock traded as low as $44.47 and last traded at $44.5890, with a volume of 3794836 shares traded. The stock had previously closed at $45.73.
Analyst Ratings Changes
Several equities research analysts have recently issued reports on APTV shares. Fox Advisors lowered shares of Aptiv from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, August 5th. Royal Bank Of Canada reduced their price objective on Aptiv from $90.00 to $78.00 and set an “outperform” rating for the company in a report on Wednesday, August 5th. Robert W. Baird set a $59.00 target price on Aptiv in a research report on Wednesday, August 5th. TD Cowen dropped their price target on Aptiv from $90.00 to $77.00 and set a “buy” rating on the stock in a research report on Wednesday, August 5th. Finally, JPMorgan Chase & Co. cut their price target on Aptiv from $84.00 to $75.00 and set an “overweight” rating for the company in a research note on Friday, July 10th. Nineteen investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $75.66.
Read Our Latest Research Report on APTV
Aptiv Stock Performance
Aptiv (NYSE:APTV – Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The auto parts company reported $1.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.42 by $0.21. The firm 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 revenue for the quarter was up 2.3% on a year-over-year basis. During the same period in the prior year, the firm posted $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. On average, sell-side analysts predict that Aptiv PLC will post 5.69 EPS for the current fiscal year.
Institutional Investors Weigh In On Aptiv
Institutional investors and hedge funds have recently made changes to their positions in the business. NewEdge Advisors LLC boosted its position in shares of Aptiv by 502.1% during 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 position in Aptiv by 439.2% during the first quarter. Woodline Partners LP now owns 76,109 shares of the auto parts company’s stock valued at $4,528,000 after purchasing an additional 61,994 shares during the last quarter. Focus Partners Wealth lifted its position in Aptiv by 110.7% during the first quarter. Focus Partners Wealth now owns 9,511 shares of the auto parts company’s stock valued at $566,000 after purchasing an additional 4,998 shares during the last quarter. Geneos Wealth Management Inc. grew its stake in Aptiv by 452.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 486 shares of the auto parts company’s stock worth $29,000 after buying an additional 398 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its holdings in shares of 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 buying an additional 2,150 shares during the last quarter. Hedge funds and other institutional investors own 94.21% of the company’s stock.
About Aptiv
Aptiv PLC is a global automotive technology company that develops vehicle systems, software and components for automakers and other mobility customers. Its products are designed to support vehicle electrification, advanced driver assistance, automated driving, connectivity and improved vehicle safety.
The company’s offerings include electrical distribution systems such as wiring harnesses, connectors and power-management components, as well as vehicle computing platforms, infotainment systems, user-interface technologies and advanced safety solutions.
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