Exxonmobil Investment Management Inc. TX Purchases Shares of 42,270 Aptiv PLC (APTV)

Exxonmobil Investment Management Inc. TX purchased a new position in shares of Aptiv PLC (NYSE:APTV) in the 4th quarter, HoldingsChannel reports. The fund purchased 42,270 shares of the auto parts company’s stock, valued at approximately $3,586,000.

Shares of Aptiv PLC (NYSE APTV) opened at $92.91 on Friday. Aptiv PLC has a one year low of $73.00 and a one year high of $93.69. The company has a quick ratio of 1.22, a current ratio of 1.62 and a debt-to-equity ratio of 1.35. The firm has a market cap of $24,473.21, a P/E ratio of 13.56, a PEG ratio of 1.65 and a beta of 1.40.

Aptiv (NYSE:APTV) last posted its quarterly earnings results on Thursday, November 2nd. The auto parts company reported $1.66 earnings per share for the quarter, beating the consensus estimate of $1.56 by $0.10. Aptiv had a net margin of 8.00% and a return on equity of 57.92%. The business had revenue of $4.33 billion during the quarter, compared to analysts’ expectations of $4.10 billion. During the same quarter in the prior year, the company posted $1.50 EPS. The business’s revenue for the quarter was up 5.9% on a year-over-year basis. sell-side analysts forecast that Aptiv PLC will post 4.74 earnings per share for the current year.

The company also recently declared a Not Available dividend, which will be paid on Wednesday, February 14th. Stockholders of record on Monday, February 5th will be paid a $0.22 dividend. The ex-dividend date of this dividend is Friday, February 2nd. Aptiv’s dividend payout ratio (DPR) is 29.04%.

Several brokerages recently issued reports on APTV. Guggenheim reaffirmed a “buy” rating and set a $104.00 price objective on shares of Aptiv in a research note on Wednesday. Barclays reaffirmed a “buy” rating and set a $106.00 price objective on shares of Aptiv in a research note on Tuesday. Robert W. Baird reaffirmed a “buy” rating and set a $104.00 price objective on shares of Aptiv in a research note on Tuesday. Longbow Research began coverage on shares of Aptiv in a research note on Friday, January 5th. They set a “buy” rating and a $105.00 price objective for the company. Finally, BMO Capital Markets dropped their price objective on shares of Aptiv to $96.00 and set an “outperform” rating for the company in a research note on Tuesday, January 2nd. They noted that the move was a valuation call. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $93.43.

In related news, Director Frank J. Dellaquila acquired 1,000 shares of the stock in a transaction that occurred on Friday, December 15th. The stock was purchased at an average price of $83.88 per share, with a total value of $83,880.00. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Kevin P. Clark acquired 22,500 shares of the stock in a transaction that occurred on Wednesday, December 6th. The shares were bought at an average cost of $87.88 per share, with a total value of $1,977,300.00. The disclosure for this purchase can be found here. Corporate insiders own 0.31% of the company’s stock.

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Aptiv Company Profile

Aptiv PLC, formerly Delphi Automotive PLC, is a global technology company serving the automotive sector. The Company designs and manufactures vehicle components, and provides electrical and electronic and active safety technology solutions to the global automotive and commercial vehicle markets. The Company’s segments include Electrical/Electronic Architecture, and Electronics & Safety.

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