Logan Capital Management Inc. Lowers Stock Holdings in Aptiv PLC $APTV

Logan Capital Management Inc. trimmed its position in Aptiv PLC (NYSE:APTV) by 68.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,480 shares of the auto parts company’s stock after selling 5,421 shares during the quarter. Logan Capital Management Inc.’s holdings in Aptiv were worth $169,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of APTV. Zions Bancorporation National Association UT purchased a new stake in Aptiv in the first quarter valued at approximately $26,000. 1248 Management LLC purchased a new stake in Aptiv in the first quarter valued at approximately $28,000. Geneos Wealth Management Inc. raised 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 valued at $29,000 after purchasing an additional 398 shares in the last quarter. Cromwell Holdings LLC raised its stake in Aptiv by 4,035.7% in the second quarter. Cromwell Holdings LLC now owns 579 shares of the auto parts company’s stock valued at $39,000 after purchasing an additional 565 shares in the last quarter. Finally, Mather Group LLC. raised 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 valued at $38,000 after purchasing an additional 385 shares in the last quarter. 94.21% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, CAO Allan J. Brazier sold 1,000 shares of Aptiv stock in a transaction dated 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 transaction, the chief accounting officer owned 49,820 shares of the company’s stock, valued at $4,234,700. The trade was a 1.97% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.45% of the stock is currently owned by corporate insiders.

Aptiv Stock Performance

Shares of APTV stock opened at $86.72 on Wednesday. The stock has a fifty day moving average of $83.05 and a 200 day moving average of $71.80. Aptiv PLC has a 52 week low of $47.19 and a 52 week high of $88.80. The firm 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. 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 posted its earnings results on Thursday, July 31st. The auto parts company reported $2.12 earnings per share for the quarter, topping analysts’ consensus estimates of $1.83 by $0.29. The firm had revenue of $5.21 billion for 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 business’s revenue for the quarter was up 3.1% on a year-over-year basis. During the same quarter in the prior year, the business 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, research analysts expect that Aptiv PLC will post 7.2 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages recently weighed in on APTV. Deutsche Bank Aktiengesellschaft raised their target price on shares of Aptiv from $84.00 to $105.00 in a research note on Friday, October 10th. Morgan Stanley raised their target price on shares of Aptiv from $55.00 to $60.00 and gave the company an “underweight” rating in a research note on Tuesday, August 12th. Wolfe Research cut shares of Aptiv from an “outperform” rating to a “peer perform” rating in a research report on Wednesday, July 2nd. Oppenheimer increased their price target on shares of Aptiv from $88.00 to $92.00 and gave the company an “outperform” rating in a research report on Thursday, September 11th. Finally, JPMorgan Chase & Co. increased their price target on shares of Aptiv from $90.00 to $105.00 and gave the company an “overweight” rating in a research report on Monday, October 20th. Three 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.com, Aptiv presently has a consensus rating of “Moderate Buy” and a consensus target price of $93.35.

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.