Gilman Hill Asset Management LLC Has $2.78 Million Stake in Aptiv PLC (NYSE:APTV)

Gilman Hill Asset Management LLC increased its stake in Aptiv PLC (NYSE:APTV) by 169.1% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 45,875 shares of the auto parts company’s stock after purchasing an additional 28,828 shares during the quarter. Gilman Hill Asset Management LLC’s holdings in Aptiv were worth $2,775,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the stock. Edgestream Partners L.P. grew its stake in Aptiv by 201.3% in the 2nd quarter. Edgestream Partners L.P. now owns 9,535 shares of the auto parts company’s stock valued at $671,000 after buying an additional 6,370 shares during the last quarter. Vanguard Personalized Indexing Management LLC grew its position in shares of Aptiv by 29.2% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 24,260 shares of the auto parts company’s stock valued at $1,708,000 after purchasing an additional 5,481 shares during the last quarter. Hsbc Holdings PLC increased its stake in shares of Aptiv by 76.2% in the second quarter. Hsbc Holdings PLC now owns 197,993 shares of the auto parts company’s stock worth $13,824,000 after purchasing an additional 85,654 shares during the period. XTX Topco Ltd lifted its position in shares of Aptiv by 8.1% during the 2nd quarter. XTX Topco Ltd now owns 12,301 shares of the auto parts company’s stock worth $866,000 after purchasing an additional 926 shares during the last quarter. Finally, Benjamin F. Edwards & Company Inc. boosted its stake in Aptiv by 62.9% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 13,080 shares of the auto parts company’s stock valued at $921,000 after purchasing an additional 5,049 shares during the period. Institutional investors own 94.21% of the company’s stock.

Aptiv Trading Down 0.2 %

Shares of Aptiv stock opened at $61.19 on Monday. The stock has a market capitalization of $14.38 billion, a P/E ratio of 6.83, a price-to-earnings-growth ratio of 0.53 and a beta of 1.75. Aptiv PLC has a 12-month low of $51.47 and a 12-month high of $88.89. The company has a quick ratio of 1.06, a current ratio of 1.50 and a debt-to-equity ratio of 0.91. The company has a 50-day simple moving average of $57.85 and a 200 day simple moving average of $65.01.

Aptiv (NYSE:APTV) last posted its earnings results on Thursday, October 31st. The auto parts company reported $1.83 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.68 by $0.15. The company had revenue of $4.85 billion during the quarter, compared to analysts’ expectations of $5.10 billion. Aptiv had a net margin of 12.29% and a return on equity of 14.51%. Aptiv’s quarterly revenue was down 5.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.30 earnings per share. Research analysts expect that Aptiv PLC will post 6.15 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have commented on APTV. Guggenheim reaffirmed a “buy” rating and issued a $73.00 price target on shares of Aptiv in a research report on Thursday, December 5th. Bank of America dropped their target price on shares of Aptiv from $105.00 to $102.00 and set a “buy” rating on the stock in a research report on Monday, October 14th. JPMorgan Chase & Co. raised their price target on shares of Aptiv from $107.00 to $113.00 and gave the stock an “overweight” rating in a research report on Monday, October 21st. Morgan Stanley cut their price objective on shares of Aptiv from $68.00 to $60.00 and set an “underweight” rating for the company in a research report on Thursday, November 14th. Finally, Wells Fargo & Company decreased their target price on Aptiv from $74.00 to $70.00 and set an “overweight” rating on the stock in a research report on Monday, December 16th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and thirteen have given a buy rating to the stock. According to data from MarketBeat.com, Aptiv presently has an average rating of “Moderate Buy” and an average price target of $84.29.

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.