Shayne & Jacobs LLC boosted its stake in Aptiv PLC (NYSE:APTV – Free Report) by 19.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 74,510 shares of the auto parts company’s stock after acquiring an additional 12,030 shares during the period. Aptiv accounts for 1.0% of Shayne & Jacobs LLC’s investment portfolio, making the stock its 20th largest holding. Shayne & Jacobs LLC’s holdings in Aptiv were worth $3,205,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds have also added to or reduced their stakes in APTV. Crossmark Global Holdings Inc. raised its stake in Aptiv by 7.1% during the third quarter. Crossmark Global Holdings Inc. now owns 75,789 shares of the auto parts company’s stock worth $3,260,000 after buying an additional 5,003 shares during the last quarter. Arvest Investments Inc. bought a new stake in Aptiv during the third quarter valued at $283,000. BDF Gestion grew its holdings in Aptiv by 71.9% during the 3rd quarter. BDF Gestion now owns 41,336 shares of the auto parts company’s stock worth $1,778,000 after acquiring an additional 17,294 shares during the period. IFP Advisors Inc grew its holdings in Aptiv by 126.6% during the 3rd quarter. IFP Advisors Inc now owns 2,901 shares of the auto parts company’s stock worth $125,000 after acquiring an additional 1,621 shares during the period. Finally, Vontobel Holding Ltd. grew its holdings in Aptiv by 4.7% during the 3rd quarter. Vontobel Holding Ltd. now owns 54,993 shares of the auto parts company’s stock worth $2,366,000 after acquiring an additional 2,461 shares during the period. Institutional investors and hedge funds own 94.21% of the company’s stock.
Analysts Set New Price Targets
Several research analysts have recently weighed in on the company. Zacks Research lowered Aptiv from a “hold” rating to a “strong sell” rating in a research report on Monday, August 10th. Argus set a $64.00 target price on Aptiv in a research report on Thursday, August 13th. Morgan Stanley lowered Aptiv from an “overweight” rating to an “equal weight” rating and cut their target price for the company from $71.00 to $55.00 in a research report on Wednesday, August 5th. Benchmark raised Aptiv to a “strong-buy” rating in a research note on Wednesday, September 9th. Finally, Wells Fargo & Company lowered their target price on Aptiv from $77.00 to $66.00 and set an “overweight” rating for the company in a report on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $72.60.
Read Our Latest Report on APTV
Aptiv Stock Performance
Shares of Aptiv stock opened at $44.30 on Thursday. The company has a market cap of $9.20 billion, a PE ratio of 41.79, a price-to-earnings-growth ratio of 0.88 and a beta of 1.48. Aptiv PLC has a 52 week low of $42.56 and a 52 week high of $88.93. The business has a 50 day moving average price of $45.33 and a 200-day moving average price of $54.51. 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 – Get Free Report) last posted its earnings results on Tuesday, August 4th. The auto parts company reported $1.63 earnings per share for the quarter, beating analysts’ consensus estimates of $1.42 by $0.21. Aptiv had a return on equity of 17.10% and a net margin of 1.17%. The company had revenue of $3.27 billion for the quarter, compared to analyst estimates of $3.31 billion. During the same quarter last year, the company earned $2.12 earnings per share. The company’s revenue for the quarter was up 2.3% on a year-over-year basis. Aptiv has set its FY 2026 guidance at 5.600-5.800 EPS and its Q3 2026 guidance at 1.250-1.350 EPS. Equities analysts anticipate that Aptiv PLC will post 5.68 earnings per share for the current fiscal year.
Aptiv Profile
Aptiv PLC (NYSE: APTV) is a global automotive technology company that develops systems and software intended to make vehicles safer, more connected and increasingly automated. Its solutions are used by automakers in passenger vehicles and commercial vehicles worldwide.
The company’s product portfolio includes advanced driver-assistance and active-safety systems, vehicle computing platforms, infotainment and connectivity technologies, automated-driving solutions, and electrical and electronic distribution systems.
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