Aptiv (NYSE:APTV) Now Covered by StockNews.com

StockNews.com assumed coverage on shares of Aptiv (NYSE:APTV) in a research report report published on Sunday morning. The firm issued a hold rating on the auto parts company’s stock.

Other equities research analysts also recently issued research reports about the company. Royal Bank of Canada raised their price target on Aptiv from $75.00 to $82.00 and gave the company an “outperform” rating in a research report on Friday, February 7th. Raymond James reissued a “market perform” rating on shares of Aptiv in a report on Monday, February 3rd. HSBC raised Aptiv from a “hold” rating to a “buy” rating and upped their target price for the stock from $63.00 to $77.00 in a research note on Tuesday, February 4th. Piper Sandler lifted their price target on shares of Aptiv from $65.00 to $67.00 and gave the stock a “neutral” rating in a research note on Thursday, March 20th. Finally, Robert W. Baird lowered their price objective on shares of Aptiv from $84.00 to $65.00 and set an “outperform” rating for the company in a report on Tuesday, April 15th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, fourteen have given a buy rating and three have given a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $82.44.

Aptiv Stock Up 2.0 %

Shares of NYSE APTV opened at $51.75 on Friday. The company has a current ratio of 1.53, a quick ratio of 1.07 and a debt-to-equity ratio of 0.87. The business has a 50-day moving average of $60.70 and a 200-day moving average of $60.96. The firm has a market capitalization of $11.87 billion, a price-to-earnings ratio of 7.52, a PEG ratio of 0.62 and a beta of 1.64. Aptiv has a 12 month low of $47.19 and a 12 month high of $85.56.

Aptiv (NYSE:APTV) last released its quarterly earnings results on Thursday, February 6th. The auto parts company reported $1.75 EPS for the quarter, topping analysts’ consensus estimates of $1.63 by $0.12. Aptiv had a net margin of 9.07% and a return on equity of 15.63%. Sell-side analysts expect that Aptiv will post 7.2 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Aptiv news, SVP Benjamin Lyon sold 14,568 shares of the firm’s stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $65.50, for a total value of $954,204.00. Following the completion of the sale, the senior vice president now directly owns 125,237 shares in the company, valued at $8,203,023.50. This trade represents a 10.42 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 0.45% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Aptiv

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Picton Mahoney Asset Management bought a new stake in shares of Aptiv during the fourth quarter valued at approximately $37,000. Versant Capital Management Inc raised its stake in shares of Aptiv by 201.7% in the first quarter. Versant Capital Management Inc now owns 703 shares of the auto parts company’s stock worth $42,000 after purchasing an additional 470 shares during the last quarter. UMB Bank n.a. bought a new position in shares of Aptiv during the first quarter valued at $48,000. CENTRAL TRUST Co boosted its position in shares of Aptiv by 356.3% during the fourth quarter. CENTRAL TRUST Co now owns 867 shares of the auto parts company’s stock valued at $52,000 after buying an additional 677 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB increased its holdings in Aptiv by 164.7% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 1,363 shares of the auto parts company’s stock worth $81,000 after buying an additional 848 shares in the last quarter. Institutional investors own 94.21% of the company’s stock.

About Aptiv

Aptiv PLC engages in design, manufacture, and sale of vehicle components in North America, Europe, Middle East, Africa, the Asia Pacific, South America, and internationally. The company provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets. It operates through two segments, Signal and Power Solutions, and Advanced Safety and User Experience.