Aptiv (NYSE:APTV – Get Free Report) had its price objective cut by Royal Bank Of Canada from $77.00 to $64.00 in a report released on Wednesday, Benzinga reports. The firm currently has an “outperform” rating on the auto parts company’s stock. Royal Bank Of Canada‘s price target would indicate a potential upside of 48.03% from the stock’s current price.
APTV has been the topic of several other research reports. Morgan Stanley cut Aptiv from an “overweight” rating to an “equal weight” rating and lowered their target price for the company from $71.00 to $55.00 in a research note on Wednesday, August 5th. Wells Fargo & Company cut their target price 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. TD Cowen decreased their target price on shares of Aptiv from $90.00 to $77.00 and set a “buy” rating for the company in a research note on Wednesday, August 5th. Benchmark upgraded shares of Aptiv to a “strong-buy” rating in a report on Wednesday, September 9th. Finally, Fox Advisors downgraded shares of Aptiv from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $71.98.
Read Our Latest Stock Report on Aptiv
Aptiv Trading Up 4.6%
NYSE APTV traded up $1.90 on Wednesday, hitting $43.23. 1,290,578 shares of the company were exchanged, compared to its average volume of 3,264,122. Aptiv has a twelve month low of $41.11 and a twelve month high of $88.93. The company’s 50 day moving average price is $44.42 and its 200-day moving average price is $59.55. The firm has a market capitalization of $8.98 billion, a P/E ratio of 40.64, a price-to-earnings-growth ratio of 0.86 and a beta of 1.43. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.02 and a quick ratio of 1.33.
Aptiv (NYSE:APTV – Get Free Report) last released its earnings results on Tuesday, November 3rd. The auto parts company reported $1.42 earnings per share for the quarter, topping the consensus estimate of $1.33 by $0.09. Aptiv had a net margin of 1.17% and a return on equity of 17.10%. The business had revenue of $3.20 billion for the quarter, compared to the consensus estimate of $3.17 billion. During the same period last year, the firm posted $2.17 earnings per share. The firm’s quarterly revenue was up 2.3% compared to the same quarter last year. Analysts predict that Aptiv will post 5.68 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently modified their holdings of the business. Provenance Wealth Advisors LLC increased its position in Aptiv by 9,171.4% during the third quarter. Provenance Wealth Advisors LLC now owns 649 shares of the auto parts company’s stock worth $28,000 after buying an additional 642 shares during the last quarter. Ameritas Advisory Services LLC acquired a new stake in shares of Aptiv in the second quarter worth $29,000. Covestor Ltd lifted its stake in shares of Aptiv by 175.5% in the third quarter. Covestor Ltd now owns 719 shares of the auto parts company’s stock worth $31,000 after buying an additional 458 shares during the last quarter. Central Pacific Bank Trust Division bought a new stake in shares of Aptiv during the 3rd quarter worth $32,000. Finally, Eastern Bank boosted its holdings in shares of 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 buying an additional 478 shares during the period. Institutional investors own 94.21% of the company’s stock.
Trending Headlines about Aptiv
Here are the key news stories impacting Aptiv this week:
- Positive Sentiment: Aptiv reported adjusted earnings of $1.42 per share, above the $1.33 consensus, and revenue of $3.20 billion, ahead of expectations. Revenue grew 2.3% year over year, with Engineered Components and non-auto growth cited as contributors. Article: Aptiv Q3 Earnings Surpass Estimates Amid Non-Auto Growth
- Positive Sentiment: Management outlined a $20 billion bookings target for 2026 and plans to return 100% of free cash flow to shareholders through 2027, supporting the case for future growth and capital returns. Article: Aptiv outlines bookings target and free-cash-flow return plan
- Negative Sentiment: The beat was tempered by weaker earnings compared with a year earlier—$1.42 per share versus $2.17—and reports of margin pressure and a lackluster profit outlook, including caution about 2027. This could limit optimism about the durability of the quarter’s performance. Article: Aptiv’s solid Q3 results overshadowed by lackluster profit outlook
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.
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