GAM Holding AG Has $2.67 Million Position in Aptiv PLC $APTV

GAM Holding AG increased its stake in shares of Aptiv PLC (NYSE:APTV) by 171.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,919 shares of the auto parts company’s stock after purchasing an additional 19,547 shares during the quarter. GAM Holding AG’s holdings in Aptiv were worth $2,666,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. True Wealth Design LLC boosted its stake in shares of Aptiv by 83.8% during the second quarter. True Wealth Design LLC now owns 397 shares of the auto parts company’s stock valued at $27,000 after purchasing an additional 181 shares in the last quarter. Geneos Wealth Management Inc. raised its position in Aptiv by 452.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 486 shares of the auto parts company’s stock worth $29,000 after purchasing an additional 398 shares during the last quarter. 1248 Management LLC bought a new position in Aptiv during the 1st quarter worth $34,000. Allworth Financial LP lifted its holdings in Aptiv by 175.9% during the 2nd quarter. Allworth Financial LP now owns 560 shares of the auto parts company’s stock worth $38,000 after buying an additional 357 shares during the period. Finally, Cromwell Holdings LLC grew its position in shares of Aptiv by 4,035.7% in the 2nd quarter. Cromwell Holdings LLC now owns 579 shares of the auto parts company’s stock valued at $39,000 after buying an additional 565 shares during the last quarter. Institutional investors own 94.21% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on APTV. Royal Bank Of Canada reiterated an “outperform” rating and issued a $101.00 target price on shares of Aptiv in a report on Wednesday, November 19th. Citigroup began coverage on shares of Aptiv in a report on Friday, October 10th. They issued a “buy” rating and a $109.00 target price on the stock. Wall Street Zen raised Aptiv from a “buy” rating to a “strong-buy” rating in a research note on Saturday. JPMorgan Chase & Co. lifted their target price on Aptiv from $90.00 to $105.00 and gave the stock an “overweight” rating in a report on Monday, October 20th. Finally, Robert W. Baird raised their price objective on shares of Aptiv from $97.00 to $105.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 8th. Four investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $96.63.

Aptiv Price Performance

Shares of APTV opened at $78.41 on Friday. Aptiv PLC has a 12-month low of $47.19 and a 12-month high of $88.80. The stock has a market cap of $16.94 billion, a P/E ratio of 62.23, a P/E/G ratio of 0.89 and a beta of 1.50. The business’s fifty day moving average is $78.48 and its 200 day moving average is $77.11. The company has a quick ratio of 1.26, a current ratio of 1.79 and a debt-to-equity ratio of 0.80.

Aptiv (NYSE:APTV) last posted its earnings results on Thursday, October 30th. The auto parts company reported $2.17 EPS for the quarter, topping the consensus estimate of $1.81 by $0.36. Aptiv had a net margin of 1.46% and a return on equity of 18.51%. The company had revenue of $5.21 billion during the quarter, compared to the consensus estimate of $5.05 billion. During the same period in the previous year, the firm posted $1.83 earnings per share. The firm’s revenue for the quarter 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. Sell-side analysts anticipate that Aptiv PLC will post 7.2 earnings per share for the current fiscal year.

About Aptiv

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.