Argus Lowers Aptiv (NYSE:APTV) Price Target to $69.00

Aptiv (NYSE:APTV) had its price target lowered by analysts at Argus from $99.00 to $69.00 in a report released on Wednesday,MarketScreener reports. The firm currently has a “buy” rating on the auto parts company’s stock. Argus’ target price suggests a potential upside of 12.43% from the stock’s current price.

A number of other research analysts have also recently weighed in on the stock. TD Cowen decreased their target price on Aptiv from $93.00 to $90.00 and set a “buy” rating on the stock in a research note on Wednesday, April 15th. Barclays cut their price objective on shares of Aptiv from $77.00 to $73.00 and set an “overweight” rating for the company in a report on Wednesday, May 6th. Wall Street Zen cut shares of Aptiv from a “strong-buy” rating to a “buy” rating in a research report on Saturday, February 7th. Royal Bank Of Canada lowered their target price on shares of Aptiv from $104.00 to $81.00 and set an “outperform” rating on the stock in a report on Tuesday, March 31st. Finally, Wells Fargo & Company raised their target price on shares of Aptiv from $81.00 to $82.00 and gave the company an “overweight” rating in a research note on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $82.85.

Aptiv Price Performance

Shares of Aptiv stock opened at $61.37 on Wednesday. The stock has a market cap of $12.99 billion, a P/E ratio of 36.03, a P/E/G ratio of 0.99 and a beta of 1.42. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.57 and a current ratio of 2.11. The stock’s fifty day moving average is $60.97 and its 200 day moving average is $72.20. Aptiv has a one year low of $51.68 and a one year high of $88.93.

Aptiv (NYSE:APTV) last issued its quarterly earnings results on Tuesday, May 5th. The auto parts company reported $1.71 EPS for the quarter, topping analysts’ consensus estimates of $1.62 by $0.09. Aptiv had a return on equity of 17.83% and a net margin of 1.77%.The business had revenue of $5.09 billion during the quarter, compared to analysts’ expectations of $5.03 billion. During the same quarter in the prior year, the business posted $1.69 earnings per share. The business’s quarterly revenue was up 5.4% on a year-over-year basis. Aptiv has set its FY 2026 guidance at 5.700-6.100 EPS and its Q2 2026 guidance at 1.300-1.500 EPS. Sell-side analysts anticipate that Aptiv will post 6.41 earnings per share for the current year.

Hedge Funds Weigh In On Aptiv

Institutional investors have recently added to or reduced their stakes in the stock. State Street Corp raised its position in Aptiv by 4.3% during the 4th quarter. State Street Corp now owns 10,066,712 shares of the auto parts company’s stock worth $765,976,000 after buying an additional 419,375 shares during the last quarter. Norges Bank acquired a new position in shares of Aptiv during the fourth quarter worth about $634,961,000. Geode Capital Management LLC increased its stake in shares of Aptiv by 1.7% during the fourth quarter. Geode Capital Management LLC now owns 5,821,615 shares of the auto parts company’s stock worth $441,289,000 after acquiring an additional 99,876 shares during the period. Nordea Investment Management AB raised its holdings in Aptiv by 34.2% during the fourth quarter. Nordea Investment Management AB now owns 4,579,726 shares of the auto parts company’s stock worth $349,067,000 after purchasing an additional 1,167,946 shares in the last quarter. Finally, Impax Asset Management Group plc lifted its position in Aptiv by 54.5% in the third quarter. Impax Asset Management Group plc now owns 4,523,145 shares of the auto parts company’s stock valued at $389,986,000 after purchasing an additional 1,595,276 shares during the period. Institutional investors and hedge funds own 94.21% of the company’s stock.

Aptiv Company 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.