Aptiv PLC $APTV Shares Sold by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. lowered its holdings in shares of Aptiv PLC (NYSE:APTV) by 3.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 563,499 shares of the auto parts company’s stock after selling 20,848 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in Aptiv were worth $48,585,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of APTV. True Wealth Design LLC raised its holdings in shares of Aptiv by 83.8% in the second quarter. True Wealth Design LLC now owns 397 shares of the auto parts company’s stock valued at $27,000 after buying an additional 181 shares during the last quarter. Geneos Wealth Management Inc. increased its position in Aptiv by 452.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 486 shares of the auto parts company’s stock valued at $29,000 after acquiring an additional 398 shares during the period. Allworth Financial LP raised its stake in Aptiv by 175.9% during the 2nd quarter. Allworth Financial LP now owns 560 shares of the auto parts company’s stock valued at $38,000 after acquiring an additional 357 shares during the last quarter. Cromwell Holdings LLC lifted its position in Aptiv by 4,035.7% during the 2nd quarter. Cromwell Holdings LLC now owns 579 shares of the auto parts company’s stock worth $39,000 after acquiring an additional 565 shares during the period. Finally, MUFG Securities EMEA plc purchased a new position in shares of Aptiv in the 2nd quarter valued at approximately $44,000. 94.21% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Aptiv

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

Aptiv Stock Down 0.5%

Shares of NYSE APTV opened at $82.54 on Friday. The stock has a market capitalization of $17.84 billion, a price-to-earnings ratio of 65.51, a price-to-earnings-growth ratio of 0.96 and a beta of 1.50. Aptiv PLC has a 52 week low of $47.19 and a 52 week high of $88.93. The firm has a 50-day moving average price of $78.69 and a 200 day moving average price of $78.16. The company has a quick ratio of 1.26, a current ratio of 1.79 and a debt-to-equity ratio of 0.80.

Aptiv (NYSE:APTV) last issued its earnings results 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. The company had revenue of $5.21 billion during the quarter, compared to analysts’ expectations of $5.05 billion. Aptiv had a net margin of 1.46% and a return on equity of 18.51%. The firm’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same period last year, the company posted $1.83 earnings per share. 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 anticipate that Aptiv PLC will post 7.2 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently weighed in on APTV shares. Piper Sandler raised Aptiv from a “neutral” rating to an “overweight” rating and increased their price target for the stock from $87.00 to $103.00 in a report on Thursday, January 8th. Wells Fargo & Company cut their price objective on shares of Aptiv from $100.00 to $99.00 and set an “overweight” rating for the company in a research report on Tuesday, December 9th. TD Cowen lifted their target price on shares of Aptiv from $104.00 to $107.00 and gave the company a “buy” rating in a report on Friday, October 31st. Royal Bank Of Canada increased their price target on shares of Aptiv from $101.00 to $104.00 and gave the stock an “outperform” rating in a report on Wednesday. Finally, Robert W. Baird lifted their price objective on Aptiv from $97.00 to $105.00 and gave the company an “outperform” rating in a report on Wednesday, October 8th. Four research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $99.05.

Aptiv Company 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.