Firetrail Investments PTY Ltd. Invests $9.65 Million in Aptiv PLC $APTV

Firetrail Investments PTY Ltd. purchased a new position in shares of Aptiv PLC (NYSE:APTV) during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 158,155 shares of the auto parts company’s stock, valued at approximately $9,649,000. Aptiv makes up approximately 2.7% of Firetrail Investments PTY Ltd.’s holdings, making the stock its 15th largest position. Firetrail Investments PTY Ltd. owned 0.07% of Aptiv at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Plato Investment Management Ltd acquired a new position in shares of Aptiv during the second quarter worth approximately $622,000. Bank of New York Mellon Corp bought a new position in Aptiv in the 2nd quarter worth approximately $61,065,000. Wedge Capital Management L L P NC raised its position in Aptiv by 32.4% in the 2nd quarter. Wedge Capital Management L L P NC now owns 197,161 shares of the auto parts company’s stock worth $12,102,000 after purchasing an additional 48,247 shares during the last quarter. Handelsbanken Fonder AB lifted its holdings in Aptiv by 8.2% during the 2nd quarter. Handelsbanken Fonder AB now owns 67,400 shares of the auto parts company’s stock worth $4,137,000 after buying an additional 5,100 shares in the last quarter. Finally, Polianta Ltd boosted its position in Aptiv by 30.8% in the 2nd quarter. Polianta Ltd now owns 25,900 shares of the auto parts company’s stock valued at $1,589,000 after buying an additional 6,100 shares during the last quarter. Institutional investors and hedge funds own 94.21% of the company’s stock.

Insider Buying and Selling

In other Aptiv news, EVP Katherine H. Ramundo sold 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $78.30, for a total value of $156,600.00. Following the completion of the sale, the executive vice president owned 163,752 shares of the company’s stock, valued at approximately $12,821,781.60. This represents a 1.21% 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. Insiders own 0.06% of the company’s stock.

Aptiv Trading Down 0.1%

NYSE:APTV opened at $49.53 on Monday. The company has a current ratio of 2.02, a quick ratio of 1.33 and a debt-to-equity ratio of 0.61. Aptiv PLC has a 1-year low of $46.16 and a 1-year high of $88.93. The firm has a market capitalization of $10.28 billion, a price-to-earnings ratio of 46.72, a PEG ratio of 0.96 and a beta of 1.46. The business’s 50-day moving average price is $58.59 and its two-hundred day moving average price is $64.61.

Aptiv (NYSE:APTV) last posted its earnings results on Tuesday, August 4th. The auto parts company reported $1.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.42 by $0.21. The company had revenue of $3.27 billion during the quarter, compared to analyst estimates of $3.31 billion. Aptiv had a return on equity of 17.10% and a net margin of 1.17%.The company’s revenue for the quarter was up 2.3% compared to the same quarter last year. During the same period in the previous year, the company earned $2.12 EPS. Aptiv has set its FY 2026 guidance at 5.600-5.800 EPS and its Q3 2026 guidance at 1.250-1.350 EPS. On average, equities analysts expect that Aptiv PLC will post 5.69 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on APTV. Deutsche Bank Aktiengesellschaft lowered Aptiv from a “buy” rating to a “hold” rating and set a $56.00 price target on the stock. in a research note on Wednesday, August 5th. The Goldman Sachs Group cut their target price on shares of Aptiv from $82.00 to $71.00 and set a “buy” rating on the stock in a research report on Wednesday, August 5th. Wall Street Zen lowered shares of Aptiv from a “buy” rating to a “hold” rating in a research note on Saturday, June 6th. Zacks Research cut shares of Aptiv from a “hold” rating to a “strong sell” rating in a research report on Monday, August 10th. Finally, JPMorgan Chase & Co. dropped their price target on shares of Aptiv from $84.00 to $75.00 and set an “overweight” rating for the company in a research note on Friday, July 10th. Nineteen research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $76.50.

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.