iA Global Asset Management Inc. Purchases New Stake in Aptiv PLC $APTV

iA Global Asset Management Inc. purchased a new stake in Aptiv PLC (NYSE:APTV) during the fourth quarter, HoldingsChannel.com reports. The firm purchased 28,136 shares of the auto parts company’s stock, valued at approximately $2,141,000.

Other institutional investors have also recently modified their holdings of the company. Saranac Partners Ltd purchased a new stake in shares of Aptiv in the third quarter valued at approximately $25,000. Foster Dykema Cabot & Partners LLC purchased a new stake in shares of Aptiv in the third quarter valued at approximately $30,000. Root Financial Partners LLC purchased a new stake in shares of Aptiv in the third quarter valued at approximately $31,000. Geneos Wealth Management Inc. boosted its stake 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. Finally, GPS Wealth Strategies Group LLC purchased a new stake in shares of Aptiv in the third quarter valued at approximately $43,000. 94.21% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have commented on APTV. Wells Fargo & Company boosted their target price on Aptiv from $81.00 to $82.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 6th. Morgan Stanley upgraded Aptiv from an “equal weight” rating to an “overweight” rating and set a $71.00 target price on the stock in a research report on Friday, May 8th. President Capital began coverage on Aptiv in a research report on Wednesday, March 25th. They set a “buy” rating and a $82.50 target price on the stock. Bank of America began coverage on Aptiv in a research report on Wednesday, March 4th. They set a “buy” rating on the stock. Finally, Barclays decreased their target price on Aptiv from $77.00 to $73.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $84.82.

Aptiv Stock Performance

NYSE APTV opened at $53.03 on Tuesday. Aptiv PLC has a fifty-two week low of $52.38 and a fifty-two week high of $88.93. The stock has a market cap of $11.22 billion, a price-to-earnings ratio of 31.38, a price-to-earnings-growth ratio of 0.94 and a beta of 1.42. The business has a fifty day moving average of $62.81 and a 200-day moving average of $73.32. The company has a quick ratio of 1.57, a current ratio of 2.11 and a debt-to-equity ratio of 0.98.

Aptiv (NYSE:APTV) last released its quarterly earnings results on Tuesday, May 5th. The auto parts company reported $1.71 earnings per share for the quarter, topping analysts’ consensus estimates of $1.62 by $0.09. Aptiv had a return on equity of 17.83% and a net margin of 1.77%.The company had revenue of $5.09 billion during the quarter, compared to analysts’ expectations of $5.03 billion. During the same period in the previous year, the firm posted $1.69 earnings per share. The business’s revenue for the quarter was up 5.4% compared to the same quarter last year. Aptiv has set its FY 2026 guidance at 5.700-6.100 EPS and its Q2 2026 guidance at 1.300-1.500 EPS. As a group, analysts predict that Aptiv PLC will post 6.41 earnings per share for the current fiscal year.

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.