Shares of Aptiv PLC (NYSE:APTV – Get Free Report) fell 6.9% during trading on Tuesday . The company traded as low as $52.38 and last traded at $55.4210. 1,150,452 shares changed hands during trading, a decline of 53% from the average session volume of 2,464,267 shares. The stock had previously closed at $59.53.
Wall Street Analysts Forecast Growth
A number of brokerages have commented on APTV. Wolfe Research raised shares of Aptiv from a “peer perform” rating to an “outperform” rating and set a $91.00 target price for the company in a report on Friday, March 6th. JPMorgan Chase & Co. reduced their target price on shares of Aptiv from $105.00 to $83.00 and set an “overweight” rating for the company in a report on Thursday, April 23rd. Wall Street Zen cut shares of Aptiv from a “strong-buy” rating to a “buy” rating in a report on Saturday, February 7th. TD Cowen reduced their target price on shares of Aptiv from $93.00 to $90.00 and set a “buy” rating for the company in a report on Wednesday, April 15th. Finally, President Capital began coverage on shares of Aptiv in a report on Wednesday, March 25th. They set a “buy” rating and a $82.50 target price for the company. One research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Aptiv has an average rating of “Moderate Buy” and a consensus price target of $89.37.
Read Our Latest Research Report on APTV
Aptiv Stock Down 4.0%
Aptiv (NYSE:APTV – Get Free Report) last posted its earnings results on Tuesday, May 5th. The auto parts company reported $1.71 earnings per share for the quarter, beating the consensus estimate of $1.62 by $0.09. The company had revenue of $5.09 billion during the quarter, compared to analysts’ expectations of $5.03 billion. Aptiv had a net margin of 0.81% and a return on equity of 18.22%. Aptiv’s quarterly revenue was up 5.4% on a year-over-year basis. During the same period last year, the company posted $1.69 earnings per share. Aptiv has set its FY 2026 guidance at 5.700-6.100 EPS and its Q2 2026 guidance at 1.300-1.500 EPS. On average, analysts anticipate that Aptiv PLC will post 8.28 earnings per share for the current year.
Hedge Funds Weigh In On Aptiv
Several institutional investors have recently bought and sold shares of the stock. Westpac Banking Corp grew its stake in Aptiv by 6.6% during the fourth quarter. Westpac Banking Corp now owns 1,905 shares of the auto parts company’s stock valued at $145,000 after acquiring an additional 118 shares in the last quarter. Sivia Capital Partners LLC lifted its position in Aptiv by 3.3% during the fourth quarter. Sivia Capital Partners LLC now owns 3,734 shares of the auto parts company’s stock valued at $284,000 after purchasing an additional 120 shares during the last quarter. Advisors Asset Management Inc. lifted its position in Aptiv by 4.2% during the fourth quarter. Advisors Asset Management Inc. now owns 3,559 shares of the auto parts company’s stock valued at $271,000 after purchasing an additional 143 shares during the last quarter. Ashton Thomas Private Wealth LLC lifted its position in Aptiv by 2.3% during the third quarter. Ashton Thomas Private Wealth LLC now owns 6,776 shares of the auto parts company’s stock valued at $584,000 after purchasing an additional 151 shares during the last quarter. Finally, Benjamin Edwards Inc. lifted its position in Aptiv by 0.5% during the fourth quarter. Benjamin Edwards Inc. now owns 34,728 shares of the auto parts company’s stock valued at $2,642,000 after purchasing an additional 156 shares during the last quarter. 94.21% of the stock is owned by hedge funds and other institutional investors.
About Aptiv
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.
Further Reading
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