Aptiv (NYSE:APTV) Price Target Lowered to $110.00 at Barclays

Aptiv (NYSE:APTVFree Report) had its price objective decreased by Barclays from $112.00 to $110.00 in a research report sent to investors on Thursday morning, Benzinga reports. Barclays currently has an overweight rating on the auto parts company’s stock.

A number of other equities analysts also recently commented on APTV. JPMorgan Chase & Co. dropped their target price on shares of Aptiv from $135.00 to $115.00 and set an overweight rating on the stock in a research note on Thursday, January 25th. Oppenheimer reduced their price objective on Aptiv from $149.00 to $148.00 and set an outperform rating on the stock in a report on Thursday, February 1st. Morgan Stanley lowered Aptiv from an equal weight rating to an underweight rating and decreased their target price for the company from $90.00 to $74.00 in a research report on Wednesday, February 7th. Citigroup dropped their price target on Aptiv from $150.00 to $136.00 and set a buy rating on the stock in a research report on Thursday, February 1st. Finally, UBS Group lifted their price objective on Aptiv from $107.00 to $110.00 in a report on Monday. One research analyst has rated the stock with a sell rating, four have given a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of Moderate Buy and an average price target of $111.14.

View Our Latest Stock Report on Aptiv

Aptiv Stock Performance

Shares of APTV opened at $75.77 on Thursday. Aptiv has a 52 week low of $71.01 and a 52 week high of $113.60. The company has a quick ratio of 1.22, a current ratio of 1.72 and a debt-to-equity ratio of 0.53. The stock has a market cap of $20.66 billion, a P/E ratio of 7.31, a P/E/G ratio of 0.96 and a beta of 1.90. The business’s 50 day moving average price is $78.78 and its 200-day moving average price is $83.49.

Aptiv (NYSE:APTVGet Free Report) last released its earnings results on Wednesday, January 31st. The auto parts company reported $1.40 EPS for the quarter, topping the consensus estimate of $1.29 by $0.11. Aptiv had a return on equity of 13.32% and a net margin of 14.65%. The business had revenue of $4.92 billion for the quarter, compared to the consensus estimate of $4.95 billion. Equities research analysts anticipate that Aptiv will post 5.66 earnings per share for the current fiscal year.

Insider Transactions at Aptiv

In other news, SVP Benjamin Lyon sold 18,680 shares of the company’s stock in a transaction dated Monday, March 11th. The shares were sold at an average price of $77.69, for a total transaction of $1,451,249.20. Following the transaction, the senior vice president now owns 95,211 shares in the company, valued at $7,396,942.59. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 0.34% of the company’s stock.

Institutional Investors Weigh In On Aptiv

Large investors have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its position in Aptiv by 1.0% during the 4th quarter. Vanguard Group Inc. now owns 31,697,555 shares of the auto parts company’s stock worth $2,843,905,000 after acquiring an additional 325,550 shares during the period. Massachusetts Financial Services Co. MA lifted its holdings in shares of Aptiv by 17.3% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 9,520,838 shares of the auto parts company’s stock worth $854,210,000 after purchasing an additional 1,405,569 shares during the period. Impax Asset Management Group plc lifted its holdings in shares of Aptiv by 7.1% during the fourth quarter. Impax Asset Management Group plc now owns 7,273,382 shares of the auto parts company’s stock worth $651,978,000 after purchasing an additional 483,157 shares during the period. Geode Capital Management LLC boosted its position in Aptiv by 2.2% in the first quarter. Geode Capital Management LLC now owns 5,614,676 shares of the auto parts company’s stock valued at $628,481,000 after buying an additional 123,352 shares during the last quarter. Finally, American Century Companies Inc. raised its position in Aptiv by 1.1% during the 3rd quarter. American Century Companies Inc. now owns 5,038,102 shares of the auto parts company’s stock worth $496,706,000 after buying an additional 53,288 shares during the last quarter. 94.21% of the stock is owned by hedge funds and other institutional investors.

About Aptiv

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Aptiv (NYSE:APTV)

Receive News & Ratings for Aptiv Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aptiv and related companies with MarketBeat.com's FREE daily email newsletter.