Aptiv (NYSE:APTV) Upgraded to Strong-Buy at Benchmark

Aptiv (NYSE:APTV) was upgraded by analysts at Benchmark to a “strong-buy” rating in a note issued to investors on Wednesday, Zacks reports.

A number of other analysts have also issued reports on APTV. UBS Group reiterated a “buy” rating and set a $62.00 price target (down from $80.00) on shares of Aptiv in a research note on Wednesday, August 5th. Weiss Ratings lowered 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 target price on shares of Aptiv in a research note on Wednesday, August 5th. Zacks Research lowered shares of Aptiv from a “hold” rating to a “strong sell” rating in a report on Monday, August 10th. Finally, JPMorgan Chase & Co. decreased their price target on shares of Aptiv from $84.00 to $75.00 and set an “overweight” rating for the company in a research report on Friday, July 10th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, Aptiv presently has a consensus rating of “Moderate Buy” and a consensus price target of $75.66.

Aptiv Stock Down 0.5%

NYSE:APTV opened at $45.47 on Wednesday. Aptiv has a 52 week low of $43.83 and a 52 week high of $88.93. The stock’s fifty day moving average is $51.88 and its two-hundred day moving average is $59.90. The stock has a market capitalization of $9.44 billion, a price-to-earnings ratio of 42.89, a price-to-earnings-growth ratio of 0.89 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.

Aptiv (NYSE:APTV) last posted its quarterly earnings data 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. Aptiv had a return on equity of 17.10% and a net margin of 1.17%.The firm had revenue of $3.27 billion for the quarter, compared to the consensus estimate of $3.31 billion. During the same quarter in the previous year, the business earned $2.12 EPS. The company’s quarterly revenue was up 2.3% compared to the same quarter last year. 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 anticipate that Aptiv will post 5.69 EPS for the current year.

Institutional Trading of Aptiv

Hedge funds have recently added to or reduced their stakes in the company. Larson Financial Group LLC lifted its position in shares of Aptiv by 240.0% during the 4th quarter. Larson Financial Group LLC now owns 357 shares of the auto parts company’s stock worth $27,000 after purchasing an additional 252 shares during the last quarter. Ameritas Advisory Services LLC purchased a new stake in Aptiv during the 2nd quarter worth about $29,000. Geneos Wealth Management Inc. lifted its holdings 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 buying an additional 398 shares during the last quarter. Atlas Capital Advisors Inc. acquired a new position in shares of Aptiv during the 4th quarter worth about $33,000. Finally, DV Equities LLC purchased a new position in shares of Aptiv in the 4th quarter valued at about $33,000. Institutional investors and hedge funds own 94.21% of the company’s stock.

About Aptiv

Aptiv PLC is a global automotive technology company that develops vehicle systems, software and components for automakers and other mobility customers. Its products are designed to support vehicle electrification, advanced driver assistance, automated driving, connectivity and improved vehicle safety.

The company’s offerings include electrical distribution systems such as wiring harnesses, connectors and power-management components, as well as vehicle computing platforms, infotainment systems, user-interface technologies and advanced safety solutions.