Asset Management One Co. Ltd. Lowers Position in Aptiv PLC $APTV

Asset Management One Co. Ltd. reduced its stake in Aptiv PLC (NYSE:APTV) by 1.5% in the second quarter, HoldingsChannel reports. The institutional investor owned 98,428 shares of the auto parts company’s stock after selling 1,479 shares during the quarter. Asset Management One Co. Ltd.’s holdings in Aptiv were worth $6,715,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Ethic Inc. raised its position in Aptiv by 10.2% in the 2nd quarter. Ethic Inc. now owns 31,608 shares of the auto parts company’s stock valued at $2,174,000 after buying an additional 2,935 shares during the last quarter. Phoenix Financial Ltd. bought a new position in Aptiv in the 2nd quarter valued at $201,000. Stephens Inc. AR grew its stake in Aptiv by 3.9% in the 2nd quarter. Stephens Inc. AR now owns 4,096 shares of the auto parts company’s stock valued at $279,000 after purchasing an additional 155 shares during the period. Forvis Mazars Wealth Advisors LLC grew its stake in Aptiv by 16.2% in the 2nd quarter. Forvis Mazars Wealth Advisors LLC now owns 39,520 shares of the auto parts company’s stock valued at $2,696,000 after purchasing an additional 5,501 shares during the period. Finally, Chicago Partners Investment Group LLC bought a new position in Aptiv in the 2nd quarter valued at $239,000. 94.21% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on APTV shares. Daiwa Capital Markets upped their price objective on Aptiv from $79.00 to $100.00 and gave the company an “outperform” rating in a research note on Wednesday, October 1st. Robert W. Baird upped their price objective on Aptiv from $97.00 to $105.00 and gave the company an “outperform” rating in a research note on Wednesday, October 8th. Morgan Stanley upped their price objective on Aptiv from $55.00 to $60.00 and gave the company an “underweight” rating in a research note on Tuesday, August 12th. JPMorgan Chase & Co. upped their price objective on Aptiv from $90.00 to $105.00 and gave the company an “overweight” rating in a research note on Monday, October 20th. Finally, Wall Street Zen upgraded Aptiv from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, September 23rd. Three equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $93.35.

Aptiv Stock Up 0.7%

APTV stock opened at $86.72 on Wednesday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.24 and a current ratio of 1.76. The company has a market capitalization of $18.88 billion, a price-to-earnings ratio of 19.84, a PEG ratio of 0.93 and a beta of 1.55. Aptiv PLC has a fifty-two week low of $47.19 and a fifty-two week high of $88.80. The stock has a fifty day moving average of $83.05 and a 200-day moving average of $71.80.

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

Insider Transactions at Aptiv

In related news, CAO Allan J. Brazier sold 1,000 shares of the stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $85.00, for a total transaction of $85,000.00. Following the sale, the chief accounting officer owned 49,820 shares of the company’s stock, valued at approximately $4,234,700. This represents a 1.97% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.45% of the company’s stock.

Aptiv Profile

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.