Aptiv PLC (NYSE:APTV) Given Consensus Recommendation of “Moderate Buy” by Analysts

Aptiv PLC (NYSE:APTV) has been given a consensus recommendation of “Moderate Buy” by the twenty-four analysts that are presently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, four have given a hold rating, sixteen have assigned a buy rating and three have given a strong buy rating to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $86.50.

A number of research firms have commented on APTV. Robert W. Baird upgraded shares of Aptiv from a “neutral” rating to an “outperform” rating and boosted their price target for the stock from $75.00 to $82.00 in a research report on Monday, January 27th. Argus upgraded Aptiv to a “strong-buy” rating in a research report on Tuesday, February 11th. Piper Sandler raised Aptiv from an “underweight” rating to a “neutral” rating and boosted their price objective for the stock from $53.00 to $65.00 in a research note on Thursday, January 23rd. Evercore ISI decreased their target price on Aptiv from $105.00 to $95.00 and set an “outperform” rating for the company in a research note on Monday, February 10th. Finally, UBS Group boosted their price target on shares of Aptiv from $82.00 to $91.00 and gave the stock a “buy” rating in a research report on Friday, February 7th.

Aptiv Price Performance

NYSE APTV opened at $63.28 on Tuesday. The company has a 50-day moving average price of $63.64 and a two-hundred day moving average price of $63.48. Aptiv has a 52 week low of $51.47 and a 52 week high of $85.56. The stock has a market cap of $14.52 billion, a price-to-earnings ratio of 9.20, a price-to-earnings-growth ratio of 0.62 and a beta of 1.78. The company has a current ratio of 1.53, a quick ratio of 1.07 and a debt-to-equity ratio of 0.87.

Aptiv (NYSE:APTV) last posted its earnings results on Thursday, February 6th. The auto parts company reported $1.75 EPS for the quarter, beating the consensus estimate of $1.63 by $0.12. Aptiv had a return on equity of 15.63% and a net margin of 9.07%. Analysts forecast that Aptiv will post 7.2 EPS for the current year.

Insider Activity

In related news, SVP Benjamin Lyon sold 14,568 shares of the business’s stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $65.50, for a total value of $954,204.00. Following the completion of the sale, the senior vice president now owns 125,237 shares of the company’s stock, valued at approximately $8,203,023.50. The trade was a 10.42 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.34% of the stock is owned by corporate insiders.

Institutional Trading of Aptiv

Large investors have recently added to or reduced their stakes in the business. Farther Finance Advisors LLC raised its holdings in Aptiv by 16.8% during the third quarter. Farther Finance Advisors LLC now owns 1,225 shares of the auto parts company’s stock valued at $88,000 after buying an additional 176 shares in the last quarter. Covestor Ltd raised its stake in shares of Aptiv by 11.4% in the 4th quarter. Covestor Ltd now owns 1,819 shares of the auto parts company’s stock valued at $110,000 after acquiring an additional 186 shares in the last quarter. Boston Common Asset Management LLC lifted its holdings in Aptiv by 4.8% in the 4th quarter. Boston Common Asset Management LLC now owns 4,110 shares of the auto parts company’s stock worth $249,000 after purchasing an additional 188 shares during the last quarter. First Horizon Advisors Inc. grew its holdings in Aptiv by 4.9% during the third quarter. First Horizon Advisors Inc. now owns 4,632 shares of the auto parts company’s stock valued at $334,000 after purchasing an additional 218 shares during the last quarter. Finally, Horizon Investments LLC raised its position in shares of Aptiv by 6.1% in the fourth quarter. Horizon Investments LLC now owns 3,825 shares of the auto parts company’s stock valued at $231,000 after purchasing an additional 219 shares during the period. 94.21% of the stock is owned by institutional investors.

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.