Aptiv (NYSE:APTV) Receives Outperform Rating from Royal Bank Of Canada

Aptiv (NYSE:APTV)‘s stock had its “outperform” rating restated by Royal Bank Of Canada in a note issued to investors on Wednesday,Benzinga reports. They presently have a $101.00 price objective on the auto parts company’s stock. Royal Bank Of Canada’s price objective suggests a potential upside of 39.16% from the company’s current price.

APTV has been the subject of a number of other reports. Citigroup assumed coverage on Aptiv in a research note on Friday, October 10th. They issued a “buy” rating and a $109.00 price target for the company. Robert W. Baird upped their target price on Aptiv from $97.00 to $105.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 8th. Cowen reissued a “buy” rating on shares of Aptiv in a report on Friday, October 31st. UBS Group boosted their target price on shares of Aptiv from $75.00 to $94.00 and gave the stock a “neutral” rating in a research note on Monday, October 6th. Finally, Wall Street Zen raised shares of Aptiv from a “buy” rating to a “strong-buy” rating in a report on Tuesday, September 23rd. Three equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $94.79.

Aptiv Trading Down 4.2%

Shares of APTV stock traded down $3.19 during trading hours on Wednesday, reaching $72.58. 786,872 shares of the stock were exchanged, compared to its average volume of 2,757,273. The firm has a market capitalization of $15.68 billion, a price-to-earnings ratio of 57.60, a price-to-earnings-growth ratio of 0.79 and a beta of 1.58. The company’s 50-day moving average price is $83.67 and its 200-day moving average price is $74.86. Aptiv has a 12-month low of $47.19 and a 12-month high of $88.80. The company has a current ratio of 1.79, a quick ratio of 1.26 and a debt-to-equity ratio of 0.80.

Aptiv (NYSE:APTV) last announced its quarterly earnings results on Thursday, October 30th. The auto parts company reported $2.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.81 by $0.36. The firm had revenue of $5.21 billion during the quarter, compared to analyst estimates of $5.05 billion. Aptiv had a return on equity of 18.51% and a net margin of 1.46%.Aptiv’s quarterly revenue was up 7.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.83 earnings per share. Aptiv has set its FY 2025 guidance at 7.550-7.850 EPS. Q4 2025 guidance at 1.600-1.900 EPS. As a group, equities analysts anticipate that Aptiv will post 7.2 earnings per share for the current year.

Insider Transactions at Aptiv

In other Aptiv news, CAO Allan J. Brazier sold 1,000 shares of the stock in a transaction 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 transaction, the chief accounting officer owned 49,820 shares in the company, valued at approximately $4,234,700. This represents a 1.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.45% of the company’s stock.

Institutional Trading of Aptiv

Institutional investors and hedge funds have recently made changes to their positions in the stock. True Wealth Design LLC lifted its stake in Aptiv by 31.5% in the third quarter. True Wealth Design LLC now owns 522 shares of the auto parts company’s stock valued at $45,000 after buying an additional 125 shares during the period. Ashton Thomas Private Wealth LLC lifted its stake in shares of Aptiv by 2.3% in the third quarter. Ashton Thomas Private Wealth LLC now owns 6,776 shares of the auto parts company’s stock valued at $584,000 after buying an additional 151 shares in the last quarter. Stephens Inc. AR boosted its stake in Aptiv by 3.9% during 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 last quarter. Gamco Investors INC. ET AL boosted its position in shares of Aptiv by 1.7% during the first quarter. Gamco Investors INC. ET AL now owns 9,760 shares of the auto parts company’s stock valued at $581,000 after buying an additional 160 shares during the last quarter. Finally, CI Investments Inc. grew its stake in shares of Aptiv by 11.6% in the 3rd quarter. CI Investments Inc. now owns 1,564 shares of the auto parts company’s stock worth $135,000 after acquiring an additional 163 shares in the last quarter. 94.21% of the stock is currently owned by hedge funds and other institutional investors.

Aptiv Company 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.