Public Employees Retirement System of Ohio Buys Shares of 71,566 Aptiv PLC $APTV

Public Employees Retirement System of Ohio acquired a new position in Aptiv PLC (NYSE:APTV) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 71,566 shares of the auto parts company’s stock, valued at approximately $4,393,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. State Street Corp grew its position in Aptiv by 4.3% during the fourth 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 in the last quarter. Norges Bank acquired a new position in Aptiv in the 4th quarter valued at approximately $634,961,000. Geode Capital Management LLC lifted its position in shares of Aptiv by 1.7% in the 4th 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. Boston Partners grew its holdings in shares of Aptiv by 29.2% during the 3rd quarter. Boston Partners now owns 4,194,909 shares of the auto parts company’s stock worth $361,385,000 after purchasing an additional 948,327 shares in the last quarter. Finally, Alliancebernstein L.P. grew its holdings in shares of Aptiv by 9.0% during the 2nd quarter. Alliancebernstein L.P. now owns 3,831,441 shares of the auto parts company’s stock worth $261,381,000 after purchasing an additional 315,824 shares in the last quarter. Institutional investors own 94.21% of the company’s stock.

Aptiv Trading Up 0.5%

Shares of Aptiv stock opened at $45.08 on Thursday. The stock has a market capitalization of $9.36 billion, a P/E ratio of 42.53, a price-to-earnings-growth ratio of 0.87 and a beta of 1.45. The company has a quick ratio of 1.33, a current ratio of 2.02 and a debt-to-equity ratio of 0.61. The company has a 50-day simple moving average of $53.83 and a 200 day simple moving average of $61.54. Aptiv PLC has a 12-month low of $44.52 and a 12-month high of $88.93.

Aptiv (NYSE:APTV) last announced its quarterly earnings results on Tuesday, August 4th. The auto parts company reported $1.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.42 by $0.21. The firm had revenue of $3.27 billion during the quarter, compared to the consensus estimate of $3.31 billion. Aptiv had a net margin of 1.17% and a return on equity of 17.10%. The firm’s quarterly revenue was up 2.3% on a year-over-year basis. During the same period last year, the firm posted $2.12 EPS. Aptiv has set its FY 2026 guidance at 5.600-5.800 EPS and its Q3 2026 guidance at 1.250-1.350 EPS. Research analysts expect that Aptiv PLC will post 5.69 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts recently commented on APTV shares. Royal Bank Of Canada cut their target price on Aptiv from $90.00 to $78.00 and set an “outperform” rating for the company in a research note on Wednesday, August 5th. Weiss Ratings cut shares of Aptiv from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, August 11th. Robert W. Baird set a $59.00 price objective on shares of Aptiv in a report on Wednesday, August 5th. Fox Advisors cut shares of Aptiv from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, August 5th. Finally, UBS Group reissued a “buy” rating and issued a $62.00 price target (down from $80.00) on shares of Aptiv in a research report on Wednesday, August 5th. Nineteen equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $76.50.

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.