WASHINGTON TRUST Co Sells 17,872 Shares of Aptiv PLC $APTV

WASHINGTON TRUST Co trimmed its position in shares of Aptiv PLC (NYSE:APTV) by 12.3% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 127,100 shares of the auto parts company’s stock after selling 17,872 shares during the quarter. WASHINGTON TRUST Co’s holdings in Aptiv were worth $5,468,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Ameritas Advisory Services LLC bought a new stake in Aptiv during the 2nd quarter valued at $29,000. Eastern Bank raised its holdings in Aptiv by 702.9% during the second quarter. Eastern Bank now owns 546 shares of the auto parts company’s stock worth $34,000 after buying an additional 478 shares during the last quarter. Evelyn Partners Investment Management Services Ltd lifted its stake in shares of Aptiv by 108.7% in the first quarter. Evelyn Partners Investment Management Services Ltd now owns 576 shares of the auto parts company’s stock valued at $40,000 after buying an additional 300 shares in the last quarter. Caitong International Asset Management Co. Ltd bought a new position in shares of Aptiv in the fourth quarter valued at $48,000. Finally, Root Financial Partners LLC grew its holdings in shares of Aptiv by 62.2% during the first quarter. Root Financial Partners LLC now owns 709 shares of the auto parts company’s stock valued at $49,000 after buying an additional 272 shares during the last quarter. 94.21% of the stock is currently owned by institutional investors.

Aptiv Stock Down 2.5%

APTV stock traded down $1.11 during trading on Friday, reaching $42.70. The stock had a trading volume of 2,993,793 shares, compared to its average volume of 2,687,397. The company has a quick ratio of 1.33, a current ratio of 2.02 and a debt-to-equity ratio of 0.61. The company has a market capitalization of $8.87 billion, a price-to-earnings ratio of 40.29, a P/E/G ratio of 0.85 and a beta of 1.48. Aptiv PLC has a one year low of $41.88 and a one year high of $88.93. The company’s 50 day moving average is $45.09 and its two-hundred day moving average is $54.30.

Aptiv (NYSE:APTV) last posted its 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. Aptiv had a net margin of 1.17% and a return on equity of 17.10%. The firm had revenue of $3.27 billion for the quarter, compared to analysts’ expectations of $3.31 billion. During the same quarter last year, the firm earned $2.12 EPS. The company’s quarterly revenue was up 2.3% compared to the same quarter last year. Aptiv has set its FY 2026 guidance at 5.600-5.800 EPS and its Q3 2026 guidance at 1.250-1.350 EPS. Equities research analysts forecast that Aptiv PLC will post 5.68 EPS for the current year.

Analyst Upgrades and Downgrades

APTV has been the subject of several recent research reports. Fox Advisors downgraded shares of Aptiv from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, August 5th. Wells Fargo & Company dropped their price target on shares of Aptiv from $77.00 to $66.00 and set an “overweight” rating on the stock in a research report on Wednesday, August 5th. Robert W. Baird set a $59.00 price target on shares of Aptiv in a research report on Wednesday, August 5th. Argus set a $64.00 price target on Aptiv in a research note on Thursday, August 13th. Finally, The Goldman Sachs Group decreased their price objective on Aptiv from $71.00 to $61.00 and set a “buy” rating for the company in a report on Tuesday, October 6th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $72.60.

Aptiv Company Profile

Aptiv PLC (NYSE: APTV) is a global automotive technology company that develops systems and software intended to make vehicles safer, more connected and increasingly automated. Its solutions are used by automakers in passenger vehicles and commercial vehicles worldwide.

The company’s product portfolio includes advanced driver-assistance and active-safety systems, vehicle computing platforms, infotainment and connectivity technologies, automated-driving solutions, and electrical and electronic distribution systems.