Key Points
- Aptiv EVP Katherine Ramundo sold 2,000 shares on June 3 at an average price of $78.30, for a total of $156,600. After the transaction, she still held 163,752 shares valued at about $12.82 million.
- Aptiv reported better-than-expected quarterly results, posting EPS of $1.71 versus the $1.62 consensus and revenue of $5.09 billion versus $5.03 billion expected. Revenue rose 5.4% year over year.
- Analysts remain broadly positive on the stock, with MarketBeat showing a “Moderate Buy” consensus and an average price target of $82.85, even as some firms trimmed their targets recently.
Aptiv PLC (NYSE:APTV - Get Free Report) EVP Katherine Ramundo sold 2,000 shares of the business's stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $78.30, for a total transaction of $156,600.00. Following the completion of the sale, the executive vice president directly owned 163,752 shares of the company's stock, valued at approximately $12,821,781.60. The trade was a 1.21% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Aptiv Price Performance
Shares of NYSE APTV opened at $72.98 on Friday. The firm has a market cap of $15.44 billion, a PE ratio of 43.18, a PEG ratio of 1.28 and a beta of 1.45. The firm has a fifty day moving average of $60.84 and a 200 day moving average of $71.59. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.57 and a current ratio of 2.11. Aptiv PLC has a one year low of $51.68 and a one year high of $88.93.
Aptiv (NYSE:APTV - Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The auto parts company reported $1.71 EPS for the quarter, topping the consensus estimate of $1.62 by $0.09. The company had revenue of $5.09 billion during the quarter, compared to analyst estimates of $5.03 billion. Aptiv had a net margin of 1.77% and a return on equity of 17.83%. The firm's revenue was up 5.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.69 EPS. Aptiv has set its FY 2026 guidance at 5.700-6.100 EPS and its Q2 2026 guidance at 1.300-1.500 EPS. As a group, research analysts predict that Aptiv PLC will post 6.41 EPS for the current fiscal year.
Analyst Ratings Changes
Several equities research analysts recently commented on APTV shares. Evercore cut their price target on shares of Aptiv from $100.00 to $80.00 and set an "outperform" rating for the company in a report on Tuesday, May 5th. UBS Group lowered their target price on shares of Aptiv from $97.00 to $80.00 and set a "buy" rating on the stock in a research note on Thursday, April 2nd. JPMorgan Chase & Co. lifted their target price on shares of Aptiv from $83.00 to $84.00 and gave the stock an "overweight" rating in a research note on Thursday, May 14th. Wells Fargo & Company lifted their target price on shares of Aptiv from $81.00 to $82.00 and gave the stock an "overweight" rating in a research note on Wednesday, May 6th. Finally, Morgan Stanley raised shares of Aptiv from an "equal weight" rating to an "overweight" rating and set a $71.00 target price on the stock in a research note on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Aptiv presently has an average rating of "Moderate Buy" and an average price target of $82.85.
View Our Latest Report on Aptiv
Institutional Investors Weigh In On Aptiv
Several institutional investors and hedge funds have recently added to or reduced their stakes in APTV. Westpac Banking Corp increased its stake in shares of Aptiv by 6.6% during the fourth quarter. Westpac Banking Corp now owns 1,905 shares of the auto parts company's stock worth $145,000 after purchasing an additional 118 shares during the period. Sivia Capital Partners LLC increased its stake in shares of Aptiv by 3.3% during the fourth quarter. Sivia Capital Partners LLC now owns 3,734 shares of the auto parts company's stock worth $284,000 after purchasing an additional 120 shares during the period. Advisors Asset Management Inc. increased its stake in shares of Aptiv by 4.2% during the fourth quarter. Advisors Asset Management Inc. now owns 3,559 shares of the auto parts company's stock worth $271,000 after purchasing an additional 143 shares during the period. Ashton Thomas Private Wealth LLC increased its stake in shares of Aptiv by 2.3% during the third quarter. Ashton Thomas Private Wealth LLC now owns 6,776 shares of the auto parts company's stock worth $584,000 after purchasing an additional 151 shares during the period. Finally, Benjamin Edwards Inc. increased its stake in shares of Aptiv by 0.5% during the fourth quarter. Benjamin Edwards Inc. now owns 34,728 shares of the auto parts company's stock worth $2,642,000 after purchasing an additional 156 shares during the period. Institutional investors and hedge funds own 94.21% of the company's stock.
About Aptiv
(
Get Free Report)
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
