Wellington Management Group LLP Purchases 301,143 Shares of Aptiv PLC $APTV

Wellington Management Group LLP grew its holdings in shares of Aptiv PLC (NYSE:APTV) by 105.3% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 587,168 shares of the auto parts company’s stock after buying an additional 301,143 shares during the period. Wellington Management Group LLP owned approximately 0.28% of Aptiv worth $36,040,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in APTV. Larson Financial Group LLC grew its holdings in shares of Aptiv by 240.0% in the fourth quarter. Larson Financial Group LLC now owns 357 shares of the auto parts company’s stock valued at $27,000 after acquiring an additional 252 shares in the last quarter. Geneos Wealth Management Inc. lifted its stake in shares of Aptiv by 452.3% during the 1st 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. Atlas Capital Advisors Inc. bought a new position in shares of Aptiv in the fourth quarter worth $33,000. DV Equities LLC purchased a new position in Aptiv during the 4th quarter valued at about $33,000. Finally, Eastern Bank increased its holdings in Aptiv by 702.9% during the 2nd quarter. Eastern Bank now owns 546 shares of the auto parts company’s stock worth $34,000 after acquiring an additional 478 shares during the period. 94.21% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

APTV has been the subject of several research analyst reports. Morgan Stanley lowered shares of Aptiv from an “overweight” rating to an “equal weight” rating and dropped their target price for the company from $71.00 to $55.00 in a research report on Wednesday, August 5th. Barclays decreased their price objective on shares of Aptiv from $73.00 to $65.00 and set an “overweight” rating on the stock in a research report on Monday, August 10th. Weiss Ratings lowered Aptiv from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, August 11th. Wells Fargo & Company decreased their price objective on Aptiv from $77.00 to $66.00 and set an “overweight” rating for the company in a report on Wednesday, August 5th. Finally, UBS Group reiterated a “buy” rating and issued a $62.00 price target (down from $80.00) on shares of Aptiv in a research note on Wednesday, August 5th. Nineteen investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $76.50.

Aptiv Price Performance

APTV stock opened at $47.94 on Friday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.33 and a current ratio of 2.02. The company’s fifty day moving average price is $53.27 and its 200-day moving average price is $61.18. Aptiv PLC has a one year low of $44.52 and a one year high of $88.93. The company has a market capitalization of $9.95 billion, a PE ratio of 45.23, a price-to-earnings-growth ratio of 0.90 and a beta of 1.45.

Aptiv (NYSE:APTV) last announced its quarterly earnings results on Tuesday, August 4th. The auto parts company reported $1.63 EPS for the quarter, topping the consensus estimate of $1.42 by $0.21. The business had revenue of $3.27 billion for the quarter, compared to analysts’ expectations of $3.31 billion. Aptiv had a net margin of 1.17% and a return on equity of 17.10%. The business’s quarterly revenue was up 2.3% compared to the same quarter last year. During the same quarter 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 anticipate that Aptiv PLC will post 5.69 EPS for the current fiscal year.

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.