Cannell & Spears LLC Lowers Position in Aptiv PLC $APTV

Cannell & Spears LLC trimmed its holdings in shares of Aptiv PLC (NYSE:APTV) by 7.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 126,166 shares of the auto parts company’s stock after selling 9,796 shares during the period. Cannell & Spears LLC’s holdings in Aptiv were worth $10,878,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of APTV. Foster Dykema Cabot & Partners LLC purchased a new stake in shares of Aptiv in the 3rd quarter worth approximately $30,000. Root Financial Partners LLC purchased a new position in Aptiv during the third quarter valued at approximately $31,000. Geneos Wealth Management Inc. raised its stake in Aptiv by 452.3% in the first quarter. Geneos Wealth Management Inc. now owns 486 shares of the auto parts company’s stock worth $29,000 after buying an additional 398 shares in the last quarter. GPS Wealth Strategies Group LLC purchased a new stake in Aptiv during the third quarter worth $43,000. Finally, True Wealth Design LLC lifted its holdings in Aptiv by 31.5% during the third quarter. True Wealth Design LLC now owns 522 shares of the auto parts company’s stock worth $45,000 after buying an additional 125 shares during the period. Institutional investors own 94.21% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on APTV shares. Wall Street Zen downgraded Aptiv from a “strong-buy” rating to a “buy” rating in a report on Saturday, February 7th. US Capital Advisors set a $110.00 price objective on Aptiv in a research note on Tuesday, January 13th. Bank of America initiated coverage on Aptiv in a research report on Wednesday, March 4th. They set a “buy” rating on the stock. UBS Group upgraded shares of Aptiv from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $89.00 to $97.00 in a report on Thursday. Finally, Morgan Stanley set a $84.00 price target on shares of Aptiv and gave the company an “equal weight” rating in a research report on Monday, December 8th. Sixteen equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $100.24.

Aptiv Stock Performance

Shares of APTV stock opened at $70.42 on Friday. Aptiv PLC has a 12-month low of $47.19 and a 12-month high of $88.93. The business’s fifty day simple moving average is $78.98 and its 200-day simple moving average is $80.18. The company has a current ratio of 1.74, a quick ratio of 1.23 and a debt-to-equity ratio of 0.79. The company has a market cap of $14.98 billion, a PE ratio of 92.65, a PEG ratio of 1.02 and a beta of 1.50.

Aptiv (NYSE:APTV) last posted its quarterly earnings data on Monday, February 2nd. The auto parts company reported $1.86 earnings per share for the quarter, topping analysts’ consensus estimates of $1.82 by $0.04. Aptiv had a return on equity of 18.22% and a net margin of 0.81%.The firm had revenue of $5.15 billion during the quarter, compared to analysts’ expectations of $5.07 billion. During the same quarter last year, the firm earned $1.75 EPS. The business’s quarterly revenue was up 5.0% on a year-over-year basis. Aptiv has set its Q1 2026 guidance at 1.550-1.750 EPS and its FY 2026 guidance at 8.150-8.750 EPS. Analysts expect that Aptiv PLC will post 7.2 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Aptiv news, EVP Katherine H. Ramundo sold 5,000 shares of the firm’s stock in a transaction dated Thursday, January 8th. The stock was sold at an average price of $85.00, for a total value of $425,000.00. Following the completion of the sale, the executive vice president owned 116,959 shares of the company’s stock, valued at approximately $9,941,515. This trade represents a 4.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.45% of the company’s stock.

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.