Aptiv PLC (NYSE:APTV) Shares Sold by HM Payson & Co.

HM Payson & Co. cut its position in shares of Aptiv PLC (NYSE:APTV) by 35.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 3,792 shares of the auto parts company’s stock after selling 2,042 shares during the quarter. HM Payson & Co.’s holdings in Aptiv were worth $229,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of the company. Brown Brothers Harriman & Co. grew its holdings in shares of Aptiv by 1,410.3% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 438 shares of the auto parts company’s stock worth $32,000 after acquiring an additional 409 shares during the last quarter. Capital Performance Advisors LLP purchased a new position in shares of Aptiv during the third quarter valued at $43,000. Brooklyn Investment Group purchased a new position in shares of Aptiv during the third quarter valued at $43,000. CENTRAL TRUST Co grew its holdings in shares of Aptiv by 356.3% during the fourth quarter. CENTRAL TRUST Co now owns 867 shares of the auto parts company’s stock valued at $52,000 after buying an additional 677 shares in the last quarter. Finally, Transamerica Financial Advisors Inc. purchased a new position in shares of Aptiv during the third quarter valued at $64,000. 94.21% of the stock is currently owned by institutional investors and hedge funds.

Aptiv Trading Up 2.6 %

Aptiv stock opened at $66.81 on Monday. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.07 and a current ratio of 1.53. The business’s 50-day simple moving average is $63.34 and its 200-day simple moving average is $63.70. The firm has a market capitalization of $15.33 billion, a PE ratio of 9.71, a PEG ratio of 0.62 and a beta of 1.78. Aptiv PLC has a 52 week low of $51.47 and a 52 week high of $85.56.

Aptiv (NYSE:APTV) last posted its quarterly earnings data on Thursday, February 6th. The auto parts company reported $1.75 EPS for the quarter, topping analysts’ consensus estimates of $1.63 by $0.12. Aptiv had a return on equity of 15.63% and a net margin of 9.07%. Equities research analysts forecast that Aptiv PLC will post 7.2 earnings per share for the current year.

Analyst Upgrades and Downgrades

APTV has been the topic of a number of research analyst reports. Hsbc Global Res upgraded Aptiv from a “hold” rating to a “strong-buy” rating in a report on Tuesday, February 4th. Piper Sandler raised Aptiv from an “underweight” rating to a “neutral” rating and lifted their price objective for the company from $53.00 to $65.00 in a research report on Thursday, January 23rd. Baird R W raised Aptiv from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 27th. Wells Fargo & Company lifted their price objective on Aptiv from $76.00 to $86.00 and gave the company an “overweight” rating in a research report on Friday, February 7th. Finally, Guggenheim reissued a “buy” rating and set a $73.00 price objective on shares of Aptiv in a research report on Thursday, December 5th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, sixteen have assigned a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $86.50.

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.