Aptiv (NYSE:APTV) Reaches New 1-Year High Following Analyst Upgrade

Shares of Aptiv PLC (NYSE:APTV) reached a new 52-week high on Thursday after Oppenheimer raised their price target on the stock from $88.00 to $92.00. Oppenheimer currently has an outperform rating on the stock. Aptiv traded as high as $83.20 and last traded at $83.73, with a volume of 55047 shares traded. The stock had previously closed at $81.61.

Other analysts also recently issued research reports about the stock. Robert W. Baird raised their price target on shares of Aptiv from $84.00 to $97.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 3rd. Barclays lifted their price objective on shares of Aptiv from $65.00 to $85.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 16th. Piper Sandler set a $70.00 price objective on shares of Aptiv and gave the stock a “neutral” rating in a report on Thursday, May 22nd. Morgan Stanley lifted their price objective on shares of Aptiv from $55.00 to $60.00 and gave the stock an “underweight” rating in a report on Tuesday, August 12th. Finally, Royal Bank Of Canada lifted their price objective on shares of Aptiv from $85.00 to $92.00 and gave the stock an “outperform” rating in a report on Tuesday, August 5th. Three research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $84.20.

Institutional Investors Weigh In On Aptiv

A number of hedge funds have recently added to or reduced their stakes in the stock. Orion Porfolio Solutions LLC lifted its stake in Aptiv by 2.7% in the second quarter. Orion Porfolio Solutions LLC now owns 27,116 shares of the auto parts company’s stock valued at $1,850,000 after buying an additional 703 shares during the last quarter. Advisory Services Network LLC lifted its stake in Aptiv by 5.3% in the second quarter. Advisory Services Network LLC now owns 16,754 shares of the auto parts company’s stock valued at $1,150,000 after buying an additional 837 shares during the last quarter. State of Wyoming lifted its stake in Aptiv by 10.0% in the second quarter. State of Wyoming now owns 7,504 shares of the auto parts company’s stock valued at $512,000 after buying an additional 684 shares during the last quarter. Hudson Bay Capital Management LP lifted its stake in Aptiv by 73.8% in the second quarter. Hudson Bay Capital Management LP now owns 61,009 shares of the auto parts company’s stock valued at $4,162,000 after buying an additional 25,909 shares during the last quarter. Finally, CYBER HORNET ETFs LLC bought a new stake in Aptiv in the second quarter valued at $50,000. 94.21% of the stock is currently owned by institutional investors.

Aptiv Price Performance

The company has a quick ratio of 1.24, a current ratio of 1.76 and a debt-to-equity ratio of 0.79. The company has a market capitalization of $18.25 billion, a P/E ratio of 19.18, a PEG ratio of 0.91 and a beta of 1.48. The business has a 50 day simple moving average of $73.24 and a 200-day simple moving average of $66.21.

Aptiv (NYSE:APTV) last issued its quarterly earnings data on Thursday, July 31st. The auto parts company reported $2.12 earnings per share for the quarter, beating analysts’ consensus estimates of $1.83 by $0.29. Aptiv had a net margin of 5.12% and a return on equity of 18.46%. The business had revenue of $5.21 billion for the quarter, compared to analysts’ expectations of $5.02 billion. During the same period in the previous year, the business earned $1.58 earnings per share. The company’s revenue was up 3.1% on a year-over-year basis. Aptiv has set its FY 2025 guidance at 7.300-7.600 EPS. Q3 2025 guidance at 1.600-1.800 EPS. Analysts predict that Aptiv PLC will post 7.2 EPS for the current fiscal year.

Aptiv Company 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.