Aptiv PLC (NYSE:APTV) Short Interest Update

Aptiv PLC (NYSE:APTV) saw a significant increase in short interest in December. As of December 15th, there was short interest totaling 6,360,642 shares, an increase of 24.5% from the November 30th total of 5,109,599 shares. Currently, 3.0% of the company’s stock are short sold. Based on an average daily volume of 1,974,043 shares, the short-interest ratio is presently 3.2 days. Based on an average daily volume of 1,974,043 shares, the short-interest ratio is presently 3.2 days. Currently, 3.0% of the company’s stock are short sold.

Hedge Funds Weigh In On Aptiv

Large investors have recently bought and sold shares of the company. Saranac Partners Ltd bought a new position in shares of Aptiv during the third quarter valued at $25,000. True Wealth Design LLC increased its holdings in Aptiv by 83.8% in 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 during the period. 1248 Management LLC acquired a new position in Aptiv during the 1st quarter worth about $28,000. Geneos Wealth Management Inc. increased its stake in shares of Aptiv by 452.3% in the first quarter. Geneos Wealth Management Inc. now owns 486 shares of the auto parts company’s stock valued at $29,000 after buying an additional 398 shares during the period. Finally, Foster Dykema Cabot & Partners LLC acquired a new position in shares of Aptiv in the third quarter worth approximately $30,000. 94.21% of the stock is currently owned by institutional investors.

Aptiv Price Performance

Shares of Aptiv stock traded down $0.55 on Wednesday, reaching $76.36. 214,113 shares of the stock were exchanged, compared to its average volume of 2,687,362. The firm’s 50 day moving average is $78.98 and its 200-day moving average is $77.06. The firm has a market cap of $16.50 billion, a PE ratio of 60.61, a P/E/G ratio of 0.97 and a beta of 1.51. Aptiv has a one year low of $47.19 and a one year high of $88.80. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.26 and a current ratio of 1.79.

Aptiv (NYSE:APTV) last released its quarterly earnings data on Thursday, October 30th. The auto parts company reported $2.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.81 by $0.36. Aptiv had a net margin of 1.46% and a return on equity of 18.51%. The business had revenue of $5.21 billion during the quarter, compared to analysts’ expectations of $5.05 billion. During the same period in the prior year, the company earned $1.83 EPS. The firm’s quarterly revenue was up 7.4% compared to the same quarter last year. Aptiv has set its FY 2025 guidance at 7.550-7.850 EPS and its Q4 2025 guidance at 1.600-1.900 EPS. As a group, analysts anticipate that Aptiv will post 7.2 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. TD Cowen upped their price target on Aptiv from $104.00 to $107.00 and gave the stock a “buy” rating in a research report on Friday, October 31st. Robert W. Baird boosted their price target on Aptiv from $97.00 to $105.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 8th. Evercore ISI upped their price objective on Aptiv from $95.00 to $100.00 and gave the stock an “outperform” rating in a research note on Monday, November 24th. BNP Paribas Exane raised their target price on shares of Aptiv from $100.00 to $107.00 in a research note on Friday, November 21st. Finally, Bank of America lifted their price objective on shares of Aptiv from $85.00 to $95.00 and gave the company a “buy” rating in a research report on Wednesday, September 10th. Four equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $96.63.

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.