Public Sector Pension Investment Board Boosts Stock Position in Aptiv PLC $APTV

Public Sector Pension Investment Board grew its holdings in Aptiv PLC (NYSE:APTV) by 20.6% in the first quarter, Holdings Channel reports. The institutional investor owned 30,538 shares of the auto parts company’s stock after acquiring an additional 5,222 shares during the quarter. Public Sector Pension Investment Board’s holdings in Aptiv were worth $1,817,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Goldman Sachs Group Inc. increased its position in shares of Aptiv by 242.7% in the first quarter. Goldman Sachs Group Inc. now owns 8,560,781 shares of the auto parts company’s stock valued at $509,366,000 after buying an additional 6,062,438 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of Aptiv by 20.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,541,024 shares of the auto parts company’s stock valued at $153,674,000 after buying an additional 433,857 shares in the last quarter. Northern Trust Corp increased its position in shares of Aptiv by 6.1% in the fourth quarter. Northern Trust Corp now owns 2,427,968 shares of the auto parts company’s stock valued at $146,844,000 after buying an additional 139,843 shares in the last quarter. AustralianSuper Pty Ltd purchased a new stake in shares of Aptiv in the first quarter valued at approximately $117,260,000. Finally, Pacer Advisors Inc. increased its position in shares of Aptiv by 5,379.7% in the first quarter. Pacer Advisors Inc. now owns 1,907,379 shares of the auto parts company’s stock valued at $113,489,000 after buying an additional 1,872,571 shares in the last quarter. 94.21% of the stock is currently owned by hedge funds and other institutional investors.

Aptiv Trading Down 1.3%

NYSE:APTV opened at $75.1420 on Thursday. The stock’s 50 day moving average price is $69.62 and its 200 day moving average price is $64.56. The company has a market capitalization of $16.36 billion, a PE ratio of 17.20, a P/E/G ratio of 0.85 and a beta of 1.48. The company has a quick ratio of 1.24, a current ratio of 1.76 and a debt-to-equity ratio of 0.79. Aptiv PLC has a 52-week low of $47.19 and a 52-week high of $77.09.

Aptiv (NYSE:APTV) last released its quarterly earnings results on Thursday, July 31st. The auto parts company reported $2.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.83 by $0.29. The firm had revenue of $5.21 billion for the quarter, compared to the consensus estimate of $5.02 billion. Aptiv had a return on equity of 18.46% and a net margin of 5.12%.The firm’s quarterly revenue was up 3.1% compared to the same quarter last year. During the same quarter last year, the business posted $1.58 EPS. Aptiv has set its FY 2025 guidance at 7.300-7.600 EPS. Q3 2025 guidance at 1.600-1.800 EPS. On average, research analysts anticipate that Aptiv PLC will post 7.2 EPS for the current year.

Analyst Upgrades and Downgrades

APTV has been the subject of a number of recent analyst reports. Barclays boosted their price objective on Aptiv from $65.00 to $85.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 16th. Robert W. Baird set a $82.00 target price on Aptiv and gave the company an “outperform” rating in a report on Friday, July 11th. Wall Street Zen upgraded Aptiv to a “hold” rating in a report on Saturday, June 21st. Royal Bank Of Canada upped their price target on Aptiv from $85.00 to $92.00 and gave the company an “outperform” rating in a research note on Tuesday, August 5th. Finally, Guggenheim lowered Aptiv from a “buy” rating to a “neutral” rating in a research note on Wednesday, June 4th. Three investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $81.81.

Aptiv Profile

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.