Recent Analysts’ Ratings Updates for Aptiv (APTV)

A number of firms have modified their ratings and price targets on shares of Aptiv (NYSE: APTV) recently:

• 7/22/2024 – Aptiv had its price target lowered by analysts at JPMorgan Chase & Co. from $113.00 to $104.00. They now have an “overweight” rating on the stock.
• 7/22/2024 – Aptiv had its price target lowered by analysts at Bank of America Co. from $115.00 to $105.00. They now have a “buy” rating on the stock.
• 7/16/2024 – Aptiv had its price target lowered by analysts at Barclays PLC from $110.00 to $105.00. They now have an “overweight” rating on the stock.
• 7/15/2024 – Aptiv had its price target lowered by analysts at Evercore ISI from $125.00 to $115.00. They now have an “outperform” rating on the stock.
• 7/12/2024 – Aptiv had its price target lowered by analysts at Robert W. Baird from $90.00 to $83.00. They now have a “neutral” rating on the stock.
• 7/12/2024 – Aptiv was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 7/12/2024 – Aptiv had its price target lowered by analysts at Citigroup Inc. from $128.00 to $108.00. They now have a “buy” rating on the stock.
• 7/10/2024 – Aptiv had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $118.00 to $101.00. They now have a “buy” rating on the stock.
• 7/10/2024 – Aptiv had its price target lowered by analysts at UBS Group AG from $107.00 to $99.00. They now have a “buy” rating on the stock.
• 7/9/2024 – Aptiv had its “outperform” rating reaffirmed by analysts at Oppenheimer Holdings Inc.. They now have a $145.00 price target on the stock.
• 7/4/2024 – Aptiv was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 6/26/2024 – Aptiv was downgraded by analysts at Piper Sandler from a “neutral” rating to an “underweight” rating. They now have a $63.00 price target on the stock, down previously from $78.00.
• 6/26/2024 – Aptiv was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 6/25/2024 – Aptiv had its price target lowered by analysts at Wells Fargo & Company from $83.00 to $82.00. They now have an “equal weight” rating on the stock.
• 6/12/2024 – Aptiv was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.

Aptiv Trading Down 1.8 %

Shares of APTV stock opened at $67.63 on Wednesday. The stock has a market cap of $18.40 billion, a P/E ratio of 6.37, a price-to-earnings-growth ratio of 0.66 and a beta of 1.79. Aptiv PLC has a 1 year low of $65.13 and a 1 year high of $113.14. The company has a current ratio of 1.29, a quick ratio of 0.89 and a debt-to-equity ratio of 0.42. The stock has a 50 day simple moving average of $74.01 and a 200 day simple moving average of $77.03.

Aptiv (NYSE:APTV) last issued its quarterly earnings results on Thursday, May 2nd. The auto parts company reported $1.16 EPS for the quarter, topping analysts’ consensus estimates of $1.05 by $0.11. The company had revenue of $4.90 billion for the quarter, compared to analysts’ expectations of $4.99 billion. Aptiv had a return on equity of 13.21% and a net margin of 14.87%. Aptiv’s revenue was up 1.1% on a year-over-year basis. During the same quarter last year, the business earned $0.91 earnings per share. On average, research analysts predict that Aptiv PLC will post 5.94 earnings per share for the current fiscal year.

Insider Activity at Aptiv

In other Aptiv news, Director Nancy E. Cooper sold 394 shares of the firm’s stock in a transaction on Wednesday, June 12th. The stock was sold at an average price of $76.98, for a total value of $30,330.12. Following the sale, the director now owns 13,636 shares of the company’s stock, valued at approximately $1,049,699.28. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.34% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Aptiv

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Riverview Trust Co acquired a new position in shares of Aptiv during the first quarter worth $25,000. Independence Bank of Kentucky acquired a new position in shares of Aptiv in the second quarter valued at approximately $25,000. Hazlett Burt & Watson Inc. bought a new position in Aptiv in the 1st quarter valued at approximately $28,000. Turtle Creek Wealth Advisors LLC bought a new stake in Aptiv during the 4th quarter worth approximately $29,000. Finally, Crewe Advisors LLC grew its holdings in Aptiv by 94.7% during the 2nd quarter. Crewe Advisors LLC now owns 442 shares of the auto parts company’s stock worth $31,000 after acquiring an additional 215 shares during the last quarter. Institutional investors own 94.21% of the company’s stock.

Aptiv PLC engages in design, manufacture, and sale of vehicle components in North America, Europe, Middle East, Africa, the Asia Pacific, South America, and internationally. The company provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets. It operates through two segments, Signal and Power Solutions, and Advanced Safety and User Experience.