Aptiv PLC $APTV Shares Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC lowered its stake in Aptiv PLC (NYSE:APTV) by 58.2% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 16,431 shares of the auto parts company’s stock after selling 22,874 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Aptiv were worth $1,417,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Clear Harbor Asset Management LLC acquired a new stake in shares of Aptiv in the third quarter valued at about $207,000. Visionary Horizons LLC purchased a new position in Aptiv in the 3rd quarter valued at about $600,000. Benjamin Edwards Inc. boosted its holdings in Aptiv by 11.8% in the 3rd quarter. Benjamin Edwards Inc. now owns 34,572 shares of the auto parts company’s stock worth $2,980,000 after buying an additional 3,637 shares during the last quarter. Lecap Asset Management Ltd. boosted its holdings in Aptiv by 11.8% in the 3rd quarter. Lecap Asset Management Ltd. now owns 12,127 shares of the auto parts company’s stock worth $1,046,000 after buying an additional 1,284 shares during the last quarter. Finally, HB Wealth Management LLC increased its stake in Aptiv by 6.9% during the 3rd quarter. HB Wealth Management LLC now owns 4,756 shares of the auto parts company’s stock worth $410,000 after buying an additional 305 shares in the last quarter. Hedge funds and other institutional investors own 94.21% of the company’s stock.

Insider Activity

In other news, EVP Katherine H. Ramundo sold 5,000 shares of Aptiv stock in a transaction that occurred on Thursday, January 8th. The shares were sold at an average price of $85.00, for a total transaction of $425,000.00. Following the sale, the executive vice president owned 116,959 shares of the company’s stock, valued at approximately $9,941,515. The trade was a 4.10% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.45% of the stock is owned by corporate insiders.

Aptiv Stock Down 6.0%

Shares of APTV opened at $83.00 on Thursday. Aptiv PLC has a 52-week low of $47.19 and a 52-week high of $88.93. The company has a quick ratio of 1.26, a current ratio of 1.79 and a debt-to-equity ratio of 0.80. The stock has a fifty day simple moving average of $78.69 and a two-hundred day simple moving average of $78.13. The company has a market capitalization of $17.93 billion, a PE ratio of 65.87, a price-to-earnings-growth ratio of 1.02 and a beta of 1.50.

Aptiv (NYSE:APTV) last announced its quarterly earnings data on Thursday, October 30th. The auto parts company reported $2.17 earnings per share (EPS) 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 firm had revenue of $5.21 billion during the quarter, compared to analyst estimates of $5.05 billion. During the same quarter in the prior year, the firm posted $1.83 earnings per share. Aptiv’s quarterly revenue 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. As a group, equities analysts forecast that Aptiv PLC will post 7.2 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on APTV shares. Daiwa Capital Markets raised their target price on Aptiv from $79.00 to $100.00 and gave the company an “outperform” rating in a research report on Wednesday, October 1st. Royal Bank Of Canada reissued an “outperform” rating and issued a $101.00 price objective on shares of Aptiv in a research note on Wednesday, November 19th. Wall Street Zen upgraded Aptiv from a “buy” rating to a “strong-buy” rating in a report on Saturday, January 3rd. Piper Sandler raised shares of Aptiv from a “neutral” rating to an “overweight” rating and upped their target price for the stock from $87.00 to $103.00 in a report on Thursday, January 8th. Finally, Deutsche Bank Aktiengesellschaft reduced their target price on shares of Aptiv from $105.00 to $104.00 in a research report on Friday, October 31st. Four analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $98.90.

Aptiv 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.