Aptiv (NYSE:APTV) Earns Hold Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of Aptiv (NYSE:APTV) in a research report report published on Friday morning. The firm issued a hold rating on the auto parts company’s stock.

Several other equities analysts have also recently weighed in on APTV. Wells Fargo & Company lifted their price objective on Aptiv from $70.00 to $76.00 and gave the company an “overweight” rating in a report on Thursday, January 23rd. Oppenheimer cut their price target on shares of Aptiv from $147.00 to $83.00 and set an “outperform” rating on the stock in a research note on Friday, November 1st. Hsbc Global Res raised shares of Aptiv from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 4th. Piper Sandler raised shares of Aptiv from an “underweight” rating to a “neutral” rating and boosted their price objective for the company from $53.00 to $65.00 in a research report on Thursday, January 23rd. Finally, JPMorgan Chase & Co. lifted their price target on Aptiv from $107.00 to $113.00 and gave the company an “overweight” rating in a research note on Monday, October 21st. One analyst has rated the stock with a sell rating, five have given a hold rating, sixteen have issued a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Aptiv currently has an average rating of “Moderate Buy” and a consensus target price of $86.72.

Aptiv Stock Up 1.0 %

Aptiv stock opened at $64.09 on Friday. The firm has a market capitalization of $15.06 billion, a price-to-earnings ratio of 9.32, a PEG ratio of 0.54 and a beta of 1.74. The company’s 50 day simple moving average is $60.23 and its 200 day simple moving average is $64.17. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.53 and a quick ratio of 1.06. Aptiv has a fifty-two week low of $51.47 and a fifty-two week high of $85.56.

Aptiv (NYSE:APTV) last announced its quarterly earnings results on Thursday, February 6th. The auto parts company reported $1.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.63 by $0.12. Aptiv had a net margin of 9.07% and a return on equity of 15.63%. As a group, sell-side analysts anticipate that Aptiv will post 7.14 EPS for the current year.

Hedge Funds Weigh In On Aptiv

A number of institutional investors have recently bought and sold shares of the business. Brown Brothers Harriman & Co. lifted its position in Aptiv by 1,410.3% during the third 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. Wolff Wiese Magana LLC increased its stake in shares of Aptiv by 44.3% during the third quarter. Wolff Wiese Magana LLC now owns 505 shares of the auto parts company’s stock worth $36,000 after purchasing an additional 155 shares during the period. Capital Performance Advisors LLP acquired a new stake in Aptiv during the 3rd quarter worth approximately $43,000. Brooklyn Investment Group bought a new stake in Aptiv in the 3rd quarter valued at $43,000. Finally, Mather Group LLC. increased its position in Aptiv by 36.9% during the 3rd quarter. Mather Group LLC. now owns 653 shares of the auto parts company’s stock worth $47,000 after buying an additional 176 shares during the period. Institutional investors and hedge funds own 94.21% of the company’s stock.

About Aptiv

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.