Sumitomo Mitsui DS Asset Management Company Ltd Sells 23,918 Shares of Aptiv PLC $APTV

Sumitomo Mitsui DS Asset Management Company Ltd lowered its stake in Aptiv PLC (NYSE:APTV) by 78.9% in the third quarter, HoldingsChannel reports. The institutional investor owned 6,397 shares of the auto parts company’s stock after selling 23,918 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Aptiv were worth $275,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. BDF Gestion increased its position in shares of Aptiv by 71.9% in the 3rd quarter. BDF Gestion now owns 41,336 shares of the auto parts company’s stock valued at $1,778,000 after acquiring an additional 17,294 shares during the period. IFP Advisors Inc raised its stake in Aptiv by 126.6% in 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 last quarter. Vontobel Holding Ltd. lifted its position 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. Krilogy Financial LLC acquired a new stake in Aptiv during the 3rd quarter worth about $693,000. Finally, Thor Investment Management Inc. OH ADV lifted its position in Aptiv by 2.6% during the 3rd quarter. Thor Investment Management Inc. OH ADV now owns 20,879 shares of the auto parts company’s stock worth $898,000 after acquiring an additional 524 shares during the period. 94.21% of the stock is currently owned by institutional investors and hedge funds.

Aptiv Trading Down 2.5%

Shares of Aptiv stock opened at $42.70 on Friday. The stock has a market cap of $8.87 billion, a PE ratio of 40.29, a price-to-earnings-growth ratio of 0.83 and a beta of 1.48. The firm has a fifty day moving average price of $45.09 and a 200 day moving average price of $54.30. Aptiv PLC has a 1 year low of $41.88 and a 1 year high of $88.93. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.02 and a quick ratio of 1.33.

Aptiv (NYSE:APTV) last posted its quarterly earnings results on Tuesday, August 4th. The auto parts company reported $1.63 EPS for the quarter, beating the consensus estimate of $1.42 by $0.21. Aptiv had a net margin of 1.17% and a return on equity of 17.10%. The company had revenue of $3.27 billion for the quarter, compared to analyst estimates of $3.31 billion. During the same period in the prior year, the company earned $2.12 earnings per share. The firm’s revenue 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 research analysts predict that Aptiv PLC will post 5.68 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms have weighed in on APTV. Zacks Research downgraded Aptiv from a “hold” rating to a “strong sell” rating in a research note on Monday, August 10th. Benchmark upgraded Aptiv to a “strong-buy” rating in a research note on Wednesday, September 9th. Robert W. Baird set a $59.00 target price on Aptiv in a report on Wednesday, August 5th. Morgan Stanley downgraded Aptiv from an “overweight” rating to an “equal weight” rating and decreased their target price for the stock from $71.00 to $55.00 in a report on Wednesday, August 5th. Finally, Fox Advisors lowered Aptiv from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $72.60.

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.