Aberdeen Group plc cut its holdings in Aptiv PLC (NYSE:APTV – Free Report) by 4.9% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 254,772 shares of the auto parts company’s stock after selling 13,082 shares during the quarter. Aberdeen Group plc’s holdings in Aptiv were worth $21,699,000 as of its most recent SEC filing.
A number of other institutional investors have also added to or reduced their stakes in the business. Truist Financial Corp lifted its position in shares of Aptiv by 1,036.0% in the 3rd quarter. Truist Financial Corp now owns 396,443 shares of the auto parts company’s stock worth $34,181,000 after purchasing an additional 361,546 shares during the period. Norges Bank bought a new position in Aptiv in the second quarter worth approximately $187,652,000. Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its holdings in Aptiv by 1,259.2% during the third quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 135,359 shares of the auto parts company’s stock worth $11,671,000 after buying an additional 125,400 shares during the period. Allstate Corp bought a new stake in Aptiv during the 3rd quarter valued at $704,000. Finally, Nordea Investment Management AB increased its holdings in shares of Aptiv by 14,336.5% in the 3rd quarter. Nordea Investment Management AB now owns 3,411,780 shares of the auto parts company’s stock valued at $291,127,000 after acquiring an additional 3,388,147 shares during the period. Hedge funds and other institutional investors own 94.21% of the company’s stock.
Insider Buying and Selling
In other news, EVP Katherine H. Ramundo sold 5,000 shares of the stock in a transaction dated Thursday, January 8th. The stock was sold at an average price of $85.00, for a total value of $425,000.00. Following the transaction, the executive vice president directly owned 116,959 shares of the company’s stock, valued at approximately $9,941,515. This represents a 4.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.45% of the company’s stock.
Aptiv Stock Down 2.8%
Aptiv (NYSE:APTV – Get Free Report) last posted its quarterly earnings results on Monday, February 2nd. The auto parts company reported $1.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.82 by $0.04. Aptiv had a net margin of 0.81% and a return on equity of 18.22%. During the same period in the previous year, the company earned $1.75 earnings per share. The company’s quarterly revenue was up 5.0% on a year-over-year basis. Aptiv has set its Q1 2026 guidance at 1.550-1.750 EPS and its FY 2026 guidance at 8.150-8.750 EPS. Sell-side analysts forecast that Aptiv PLC will post 7.2 earnings per share for the current year.
Wall Street Analyst Weigh In
APTV has been the subject of a number of analyst reports. JPMorgan Chase & Co. decreased their price objective on Aptiv from $105.00 to $104.00 and set an “overweight” rating for the company in a research note on Tuesday, February 3rd. Oppenheimer increased their price target on shares of Aptiv from $102.00 to $106.00 and gave the company an “outperform” rating in a research report on Tuesday, February 3rd. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $104.00 price objective on shares of Aptiv in a research report on Tuesday, February 3rd. UBS Group set a $89.00 price objective on shares of Aptiv in a research note on Wednesday, February 4th. Finally, Wall Street Zen downgraded shares of Aptiv from a “strong-buy” rating to a “buy” rating in a research note on Saturday, February 7th. Fourteen equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $100.60.
Read Our Latest Stock Report on Aptiv
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.
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