Employees Retirement System of Texas lessened its stake in Aptiv PLC (NYSE:APTV) by 64.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,000 shares of the auto parts company’s stock after selling 19,800 shares during the quarter. Employees Retirement System of Texas’ holdings in Aptiv were worth $677,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in APTV. Oregon Public Employees Retirement Fund boosted its holdings in Aptiv by 3,023.5% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 1,974,550 shares of the auto parts company’s stock worth $32,000 after purchasing an additional 1,911,334 shares during the last quarter. Laurel Wealth Advisors LLC acquired a new position in Aptiv during the fourth quarter worth $34,000. Enlightenment Research LLC acquired a new position in Aptiv during the fourth quarter worth $36,000. Rational Advisors LLC lifted its stake in Aptiv by 2,380.8% in the fourth quarter. Rational Advisors LLC now owns 645 shares of the auto parts company’s stock valued at $40,000 after acquiring an additional 619 shares during the last quarter. Finally, Athena Capital Advisors LLC acquired a new stake in Aptiv in the fourth quarter valued at $40,000. Institutional investors own 93.57% of the company’s stock.

In related news, SVP Majdi Abulaban sold 25,130 shares of the firm’s stock in a transaction dated Thursday, February 14th. The shares were sold at an average price of $80.00, for a total transaction of $2,010,400.00. The transaction was disclosed in a document filed with the SEC, which is available through this link. 0.32% of the stock is currently owned by company insiders.

APTV has been the subject of a number of recent analyst reports. Goldman Sachs Group upgraded shares of Aptiv from a “buy” rating to a “conviction-buy” rating in a research note on Wednesday, February 13th. Barclays reiterated a “buy” rating and issued a $80.00 price target on shares of Aptiv in a research note on Sunday, January 6th. Longbow Research reiterated a “buy” rating and issued a $110.00 price target on shares of Aptiv in a research note on Monday, January 28th. KeyCorp initiated coverage on shares of Aptiv in a research note on Monday, December 10th. They issued an “overweight” rating and a $95.00 price target for the company. Finally, Nomura initiated coverage on shares of Aptiv in a research note on Friday, January 25th. They issued a “neutral” rating and a $68.00 price target for the company. Two analysts have rated the stock with a sell rating, three have given a hold rating, seventeen have issued a buy rating and one has issued a strong buy rating to the stock. Aptiv presently has a consensus rating of “Buy” and an average target price of $93.82.

Shares of APTV opened at $82.35 on Thursday. The stock has a market capitalization of $21.27 billion, a PE ratio of 15.66, a P/E/G ratio of 1.20 and a beta of 1.80. Aptiv PLC has a fifty-two week low of $58.80 and a fifty-two week high of $103.23. The company has a debt-to-equity ratio of 1.10, a quick ratio of 0.95 and a current ratio of 1.29.

Aptiv (NYSE:APTV) last issued its quarterly earnings data on Thursday, January 31st. The auto parts company reported $1.34 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.21 by $0.13. The company had revenue of $3.64 billion for the quarter, compared to analyst estimates of $3.53 billion. Aptiv had a net margin of 7.39% and a return on equity of 37.39%. Equities research analysts anticipate that Aptiv PLC will post 5.38 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 20th. Stockholders of record on Wednesday, February 6th were given a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 1.07%. The ex-dividend date was Tuesday, February 5th. Aptiv’s payout ratio is presently 16.73%.

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Aptiv Company Profile

Aptiv PLC, together with its subsidiaries, designs and manufacturers vehicle components, and provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets worldwide. It operates through two segment, Signal and Power Solutions, and Advanced Safety and User Experience.

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Institutional Ownership by Quarter for Aptiv (NYSE:APTV)

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