309,700 Aptiv PLC $APTV Shares Sold by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al cut its position in shares of Aptiv PLC (NYSE:APTV) by 69.5% during the third quarter, Holdings Channel.com reports. The firm owned 136,112 shares of the auto parts company’s stock after selling 309,700 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Aptiv were worth $5,856,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of APTV. International Assets Investment Management LLC raised its position in shares of Aptiv by 7.3% during the 1st quarter. International Assets Investment Management LLC now owns 3,817 shares of the auto parts company’s stock valued at $265,000 after buying an additional 260 shares during the period. Root Financial Partners LLC grew its position in Aptiv by 62.2% in the first quarter. Root Financial Partners LLC now owns 709 shares of the auto parts company’s stock worth $49,000 after acquiring an additional 272 shares during the period. QRG Capital Management Inc. grew its position in Aptiv by 3.4% in the first quarter. QRG Capital Management Inc. now owns 8,399 shares of the auto parts company’s stock worth $583,000 after acquiring an additional 280 shares during the period. Evelyn Partners Investment Management Services Ltd increased its stake in Aptiv by 108.7% during the first quarter. Evelyn Partners Investment Management Services Ltd now owns 576 shares of the auto parts company’s stock worth $40,000 after acquiring an additional 300 shares during the last quarter. Finally, Wealthfront Advisers LLC increased its stake in Aptiv by 2.1% during the first quarter. Wealthfront Advisers LLC now owns 16,955 shares of the auto parts company’s stock worth $1,177,000 after acquiring an additional 350 shares during the last quarter. 94.21% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have commented on APTV shares. Morgan Stanley downgraded Aptiv from an “overweight” rating to an “equal weight” rating and reduced their target price for the company from $71.00 to $55.00 in a research report on Wednesday, August 5th. Barclays cut their price objective on Aptiv from $65.00 to $60.00 and set an “overweight” rating for the company in a research report on Friday, October 9th. JPMorgan Chase & Co. lowered shares of Aptiv from an “overweight” rating to a “neutral” rating and reduced their price objective for the company from $65.00 to $56.00 in a report on Tuesday, September 15th. Argus set a $64.00 target price on shares of Aptiv in a research report on Thursday, August 13th. Finally, Wells Fargo & Company dropped their price target on shares of Aptiv from $77.00 to $66.00 and set an “overweight” rating for the company in a research report on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $72.60.

Aptiv Stock Down 0.1%

NYSE:APTV opened at $43.89 on Monday. 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 stock’s fifty day moving average is $44.63 and its two-hundred day moving average is $59.98. Aptiv PLC has a 52 week low of $41.88 and a 52 week high of $88.93. The stock has a market capitalization of $9.11 billion, a price-to-earnings ratio of 41.41, a price-to-earnings-growth ratio of 0.85 and a beta of 1.43.

Aptiv (NYSE:APTV) last issued its quarterly earnings data on Tuesday, August 4th. The auto parts company reported $1.63 earnings per share for the quarter, beating analysts’ consensus estimates of $1.42 by $0.21. Aptiv had a return on equity of 17.10% and a net margin of 1.17%. The business had revenue of $3.27 billion during the quarter, compared to analysts’ expectations of $3.31 billion. During the same period in the previous year, the firm posted $2.12 earnings per share. The company’s revenue was up 2.3% on a year-over-year basis. Aptiv has set its FY 2026 guidance at 5.600-5.800 EPS and its Q3 2026 guidance at 1.250-1.350 EPS. Research analysts anticipate that Aptiv PLC will post 5.68 EPS for the current year.

Aptiv 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.