Aptiv (NYSE:APTV) Price Target Raised to $106.00 at Wells Fargo & Company

Aptiv (NYSE:APTV) had its price objective increased by Wells Fargo & Company from $103.00 to $106.00 in a research report released on Thursday, MarketBeat Ratings reports. They currently have an overweight rating on the auto parts company’s stock.

Several other equities research analysts have also recently weighed in on APTV. Robert W. Baird upped their price target on Aptiv from $84.00 to $97.00 and gave the company an “outperform” rating in a research report on Wednesday, September 3rd. Royal Bank Of Canada upped their price target on Aptiv from $85.00 to $92.00 and gave the company an “outperform” rating in a research report on Tuesday, August 5th. Bank of America upped their price target on Aptiv from $85.00 to $95.00 and gave the company a “buy” rating in a research report on Wednesday, September 10th. Oppenheimer upped their price target on Aptiv from $88.00 to $92.00 and gave the company an “outperform” rating in a research report on Thursday, September 11th. Finally, Wolfe Research cut shares of Aptiv from an “outperform” rating to a “peer perform” rating in a research report on Wednesday, July 2nd. Three equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Aptiv currently has a consensus rating of “Moderate Buy” and an average target price of $85.73.

Aptiv Trading Up 1.9%

Shares of APTV opened at $86.29 on Thursday. The business’s 50-day moving average price is $76.34 and its 200-day moving average price is $67.72. Aptiv has a twelve month low of $47.19 and a twelve month high of $86.50. The stock has a market cap of $18.79 billion, a PE ratio of 19.75, a P/E/G ratio of 0.96 and a beta of 1.48. The company has a quick ratio of 1.24, a current ratio of 1.76 and a debt-to-equity ratio of 0.79.

Aptiv (NYSE:APTV) last announced its quarterly earnings results on Thursday, July 31st. The auto parts company reported $2.12 earnings per share for the quarter, beating the consensus estimate of $1.83 by $0.29. Aptiv had a return on equity of 18.46% and a net margin of 5.12%.The firm had revenue of $5.21 billion for the quarter, compared to analysts’ expectations of $5.02 billion. During the same period in the prior year, the business posted $1.58 earnings per share. The company’s revenue was up 3.1% on a year-over-year basis. Aptiv has set its FY 2025 guidance at 7.300-7.600 EPS. Q3 2025 guidance at 1.600-1.800 EPS. On average, equities analysts forecast that Aptiv will post 7.2 EPS for the current fiscal year.

Insider Transactions at Aptiv

In other Aptiv news, CAO Allan J. Brazier sold 1,000 shares of the company’s stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $85.00, for a total value of $85,000.00. Following the completion of the sale, the chief accounting officer owned 49,820 shares of the company’s stock, valued at $4,234,700. This represents a 1.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.45% of the stock is currently owned by corporate insiders.

Institutional Trading of Aptiv

Several hedge funds and other institutional investors have recently bought and sold shares of APTV. Zions Bancorporation National Association UT purchased a new stake in Aptiv in the first quarter worth approximately $26,000. True Wealth Design LLC boosted its stake in Aptiv by 83.8% in the second quarter. True Wealth Design LLC now owns 397 shares of the auto parts company’s stock worth $27,000 after buying an additional 181 shares in the last quarter. 1248 Management LLC purchased a new stake in Aptiv in the first quarter worth approximately $28,000. Geneos Wealth Management Inc. boosted its stake in 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 buying an additional 398 shares in the last quarter. Finally, Mather Group LLC. boosted its stake in Aptiv by 155.2% in the first quarter. Mather Group LLC. now owns 633 shares of the auto parts company’s stock worth $38,000 after buying an additional 385 shares in the last quarter. Hedge funds and other institutional investors own 94.21% of the company’s stock.

About Aptiv

Aptiv PLC engages in design, manufacture, and sale of vehicle components in North America, Europe, Middle East, Africa, the Asia Pacific, South America, and internationally. The company provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets. It operates through two segments, Signal and Power Solutions, and Advanced Safety and User Experience.