Engineers Gate Manager LP Raises Holdings in Aptiv PLC $APTV

Engineers Gate Manager LP boosted its position in shares of Aptiv PLC (NYSE:APTV) by 55.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 261,948 shares of the auto parts company’s stock after buying an additional 93,318 shares during the period. Engineers Gate Manager LP owned 0.12% of Aptiv worth $17,870,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. True Wealth Design LLC grew its stake in shares of Aptiv by 83.8% in the 2nd 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 last quarter. 1248 Management LLC acquired a new stake in shares of Aptiv in the 1st quarter worth approximately $28,000. Geneos Wealth Management Inc. increased its position 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 in the last quarter. Allworth Financial LP raised its position in Aptiv by 175.9% during the second quarter. Allworth Financial LP now owns 560 shares of the auto parts company’s stock worth $38,000 after acquiring an additional 357 shares during the last quarter. Finally, Cromwell Holdings LLC lifted its stake in Aptiv by 4,035.7% in the 2nd quarter. Cromwell Holdings LLC now owns 579 shares of the auto parts company’s stock valued at $39,000 after buying an additional 565 shares in the last quarter. Institutional investors and hedge funds own 94.21% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on APTV. Oppenheimer set a $94.00 price target on shares of Aptiv and gave the stock an “outperform” rating in a report on Friday, October 31st. Deutsche Bank Aktiengesellschaft cut their price target on shares of Aptiv from $105.00 to $104.00 in a report on Friday, October 31st. UBS Group raised their target price on shares of Aptiv from $75.00 to $94.00 and gave the company a “neutral” rating in a research note on Monday, October 6th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Aptiv in a research report on Monday. Finally, Wells Fargo & Company lowered their price target on Aptiv from $100.00 to $99.00 and set an “overweight” rating for the company in a report on Tuesday. Four investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $96.63.

Aptiv Price Performance

APTV opened at $78.69 on Friday. Aptiv PLC has a twelve month low of $47.19 and a twelve month high of $88.80. The firm has a market cap of $17.00 billion, a price-to-earnings ratio of 62.45, a PEG ratio of 0.82 and a beta of 1.51. The company has a current ratio of 1.79, a quick ratio of 1.26 and a debt-to-equity ratio of 0.80. The company has a fifty day simple moving average of $80.57 and a 200 day simple moving average of $76.13.

Aptiv (NYSE:APTV) last posted its quarterly earnings data on Thursday, October 30th. The auto parts company reported $2.17 earnings per share for the quarter, beating 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 company 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 posted $1.83 EPS. The firm’s revenue for the quarter was up 7.4% on a year-over-year basis. Aptiv has set its FY 2025 guidance at 7.550-7.850 EPS and its Q4 2025 guidance at 1.600-1.900 EPS. Equities research analysts expect that Aptiv PLC will post 7.2 EPS for the current fiscal year.

Insider Transactions at Aptiv

In other Aptiv news, CAO Allan J. Brazier sold 1,000 shares of the company’s stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $85.00, for a total value of $85,000.00. Following the transaction, the chief accounting officer directly owned 49,820 shares of the company’s stock, valued at $4,234,700. This represents a 1.97% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.45% of the stock is owned by corporate insiders.

Aptiv Profile

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.