Aptiv PLC $APTV Holdings Decreased by Texas Permanent School Fund Corp

Texas Permanent School Fund Corp trimmed its holdings in shares of Aptiv PLC (NYSE:APTV) by 40.8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 14,720 shares of the auto parts company’s stock after selling 10,157 shares during the period. Texas Permanent School Fund Corp’s holdings in Aptiv were worth $1,004,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Orion Porfolio Solutions LLC lifted its position in shares of Aptiv by 2.7% in the second quarter. Orion Porfolio Solutions LLC now owns 27,116 shares of the auto parts company’s stock worth $1,850,000 after purchasing an additional 703 shares in the last quarter. Advisory Services Network LLC increased its stake in Aptiv by 5.3% in the 2nd quarter. Advisory Services Network LLC now owns 16,754 shares of the auto parts company’s stock valued at $1,150,000 after buying an additional 837 shares during the period. State of Wyoming lifted its position in Aptiv by 10.0% in the 2nd quarter. State of Wyoming now owns 7,504 shares of the auto parts company’s stock worth $512,000 after buying an additional 684 shares in the last quarter. Hudson Bay Capital Management LP boosted its stake in shares of Aptiv by 73.8% during the 2nd quarter. Hudson Bay Capital Management LP now owns 61,009 shares of the auto parts company’s stock valued at $4,162,000 after buying an additional 25,909 shares during the period. Finally, CYBER HORNET ETFs LLC purchased a new position in shares of Aptiv during the 2nd quarter valued at $50,000. 94.21% of the stock is currently owned by institutional investors and hedge funds.

Aptiv Stock Up 0.5%

Shares of APTV stock opened at $76.77 on Thursday. The stock’s 50 day simple moving average is $79.54 and its 200 day simple moving average is $76.78. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.26 and a current ratio of 1.79. Aptiv PLC has a twelve month low of $47.19 and a twelve month high of $88.80. The company has a market capitalization of $16.59 billion, a price-to-earnings ratio of 60.93, a PEG ratio of 0.96 and a beta of 1.51.

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

Analyst Ratings Changes

Several brokerages recently issued reports on APTV. Deutsche Bank Aktiengesellschaft cut their price objective on Aptiv from $105.00 to $104.00 in a report on Friday, October 31st. JPMorgan Chase & Co. raised their price target on Aptiv from $90.00 to $105.00 and gave the stock an “overweight” rating in a research note on Monday, October 20th. Daiwa Capital Markets boosted their price target on Aptiv from $79.00 to $100.00 and gave the company an “outperform” rating in a research note on Wednesday, October 1st. Argus increased their price objective on Aptiv from $78.00 to $99.00 in a report on Monday, November 10th. Finally, Bank of America lifted their target price on shares of Aptiv from $85.00 to $95.00 and gave the company a “buy” rating in a research note on Wednesday, September 10th. Four analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $96.63.

Aptiv Profile

Aptiv plc is a global automotive technology company that develops safer, greener and more connected solutions for the mobility industry. The company designs and supplies advanced electrical architectures, electronic systems and software that enable vehicle connectivity, active safety, advanced driver-assistance systems (ADAS) and autonomous driving capabilities. Aptiv’s customers include major automakers and mobility service providers seeking to integrate higher levels of automation, electrification and software-defined features into production vehicles and mobility platforms.

Product and service offerings span vehicle electrical systems and wiring, connectors and harnesses, high-voltage electrification components, power electronics and charging solutions, sensors and compute platforms that support ADAS and autonomous functions, and the software and services required to integrate and manage these systems.