AMF Tjanstepension AB Has $3.72 Million Stock Position in Aptiv PLC $APTV

AMF Tjanstepension AB reduced its holdings in shares of Aptiv PLC (NYSE:APTV) by 69.3% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 48,875 shares of the auto parts company’s stock after selling 110,462 shares during the period. AMF Tjanstepension AB’s holdings in Aptiv were worth $3,719,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Truist Financial Corp raised its position in Aptiv by 1,036.0% in the third quarter. Truist Financial Corp now owns 396,443 shares of the auto parts company’s stock valued at $34,181,000 after purchasing an additional 361,546 shares during the last quarter. Allstate Corp bought a new position in Aptiv in the third quarter valued at about $704,000. Nordea Investment Management AB raised its position in Aptiv by 34.2% in the fourth quarter. Nordea Investment Management AB now owns 4,579,726 shares of the auto parts company’s stock valued at $349,067,000 after purchasing an additional 1,167,946 shares during the last quarter. Thematics Asset Management raised its position in Aptiv by 56.9% in the third quarter. Thematics Asset Management now owns 261,454 shares of the auto parts company’s stock valued at $22,543,000 after purchasing an additional 94,782 shares during the last quarter. Finally, Ameriprise Financial Inc. bought a new position in Aptiv in the third quarter valued at about $297,917,000. 94.21% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have commented on the company. Morgan Stanley upgraded Aptiv from an “equal weight” rating to an “overweight” rating and set a $71.00 target price for the company in a research report on Friday, May 8th. Wall Street Zen downgraded Aptiv from a “strong-buy” rating to a “buy” rating in a research report on Saturday, February 7th. JPMorgan Chase & Co. raised their price objective on Aptiv from $83.00 to $84.00 and gave the stock an “overweight” rating in a research report on Thursday, May 14th. Evercore lowered their price objective on Aptiv from $100.00 to $80.00 and set an “outperform” rating for the company in a research report on Tuesday, May 5th. Finally, Piper Sandler raised their price objective on Aptiv from $103.00 to $106.00 in a research report on Tuesday, February 3rd. One investment analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $84.82.

Aptiv Stock Down 2.4%

APTV stock opened at $53.03 on Tuesday. Aptiv PLC has a twelve month low of $52.38 and a twelve month high of $88.93. The company has a quick ratio of 1.57, a current ratio of 2.11 and a debt-to-equity ratio of 0.98. The stock’s 50 day moving average is $62.81 and its 200-day moving average is $73.32. The firm has a market capitalization of $11.22 billion, a PE ratio of 31.38, a P/E/G ratio of 0.94 and a beta of 1.42.

Aptiv (NYSE:APTV) last posted its earnings results on Tuesday, May 5th. The auto parts company reported $1.71 earnings per share for the quarter, beating 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 for the quarter, compared to analyst estimates of $5.03 billion. During the same quarter last year, the company earned $1.69 earnings per share. The company’s revenue for the quarter was up 5.4% on a year-over-year basis. Aptiv has set its FY 2026 guidance at 5.700-6.100 EPS and its Q2 2026 guidance at 1.300-1.500 EPS. Sell-side analysts expect that Aptiv PLC will post 6.41 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.