Aptiv PLC (NYSE:APTV) Position Increased by Bryn Mawr Capital Management LLC

Bryn Mawr Capital Management LLC raised its holdings in shares of Aptiv PLC (NYSE:APTV) by 6.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,279 shares of the auto parts company’s stock after purchasing an additional 310 shares during the period. Bryn Mawr Capital Management LLC’s holdings in Aptiv were worth $474,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Turtle Creek Wealth Advisors LLC bought a new stake in Aptiv during the fourth quarter valued at $29,000. GAMMA Investing LLC bought a new position in shares of Aptiv during the fourth quarter worth about $32,000. Harvest Fund Management Co. Ltd bought a new position in shares of Aptiv during the fourth quarter worth about $47,000. BluePath Capital Management LLC bought a new position in shares of Aptiv during the third quarter worth about $55,000. Finally, TFC Financial Management Inc. grew its position in shares of Aptiv by 44.5% during the third quarter. TFC Financial Management Inc. now owns 614 shares of the auto parts company’s stock worth $61,000 after acquiring an additional 189 shares during the last quarter. Institutional investors own 94.21% of the company’s stock.

Insider Transactions at Aptiv

In other news, SVP Benjamin Lyon sold 18,680 shares of the stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of $77.69, for a total value of $1,451,249.20. Following the completion of the sale, the senior vice president now directly owns 95,211 shares of the company’s stock, valued at $7,396,942.59. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.34% of the stock is owned by insiders.

Analyst Ratings Changes

APTV has been the subject of several recent research reports. Oppenheimer lowered their price target on shares of Aptiv from $149.00 to $148.00 and set an “outperform” rating for the company in a research report on Thursday, February 1st. Piper Sandler lowered their price target on shares of Aptiv from $80.00 to $79.00 and set a “neutral” rating for the company in a research report on Thursday, February 1st. Morgan Stanley lowered shares of Aptiv from an “equal weight” rating to an “underweight” rating and lowered their price target for the stock from $90.00 to $74.00 in a research report on Wednesday, February 7th. Citigroup decreased their target price on shares of Aptiv from $150.00 to $136.00 and set a “buy” rating for the company in a research report on Thursday, February 1st. Finally, Guggenheim decreased their target price on shares of Aptiv from $103.00 to $92.00 and set a “buy” rating for the company in a research report on Wednesday, April 17th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $109.93.

Aptiv Price Performance

NYSE APTV opened at $71.21 on Friday. The company has a 50 day simple moving average of $76.48 and a 200-day simple moving average of $81.39. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.72 and a quick ratio of 1.22. The firm has a market capitalization of $19.42 billion, a price-to-earnings ratio of 6.87, a price-to-earnings-growth ratio of 0.91 and a beta of 1.90. Aptiv PLC has a 52-week low of $68.84 and a 52-week high of $113.60.

Aptiv (NYSE:APTV) last posted its quarterly earnings results on Wednesday, January 31st. The auto parts company reported $1.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.29 by $0.11. The business had revenue of $4.92 billion during the quarter, compared to analyst estimates of $4.95 billion. Aptiv had a net margin of 14.65% and a return on equity of 13.32%. Equities research analysts predict that Aptiv PLC will post 5.63 earnings per share 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.