SBI Okasan Asset Management Co.Ltd. Buys New Shares in Aptiv PLC $APTV

by · The Cerbat Gem

SBI Okasan Asset Management Co.Ltd. bought a new stake in Aptiv PLC (NYSE:APTVFree Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 23,100 shares of the auto parts company’s stock, valued at approximately $1,774,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of APTV. Ameriprise Financial Inc. purchased a new position in Aptiv in the third quarter valued at $297,917,000. Impax Asset Management Group plc boosted its holdings in Aptiv by 54.5% in the third quarter. Impax Asset Management Group plc now owns 4,523,145 shares of the auto parts company’s stock valued at $389,986,000 after purchasing an additional 1,595,276 shares during the period. Balyasny Asset Management L.P. boosted its holdings in Aptiv by 6,711.4% in the second quarter. Balyasny Asset Management L.P. now owns 1,434,076 shares of the auto parts company’s stock valued at $97,833,000 after purchasing an additional 1,413,022 shares during the period. Man Group plc boosted its holdings in Aptiv by 155.8% in the third quarter. Man Group plc now owns 2,045,025 shares of the auto parts company’s stock valued at $176,322,000 after purchasing an additional 1,245,533 shares during the period. Finally, Nordea Investment Management AB boosted its holdings in Aptiv by 34.2% in the fourth quarter. Nordea Investment Management AB now owns 4,579,726 shares of the auto parts company’s stock valued at $349,067,000 after purchasing an additional 1,167,946 shares during the period. 94.21% of the stock is currently owned by hedge funds and other institutional investors.

Aptiv Stock Up 2.9%

APTV opened at $63.67 on Friday. The business’s 50-day simple moving average is $60.61 and its 200-day simple moving average is $71.92. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.57 and a current ratio of 2.11. Aptiv PLC has a one year low of $51.68 and a one year high of $88.93. The stock has a market capitalization of $13.47 billion, a P/E ratio of 37.67, a price-to-earnings-growth ratio of 1.07 and a beta of 1.42.

Aptiv (NYSE:APTVGet Free Report) last posted its earnings results on Tuesday, May 5th. The auto parts company reported $1.71 EPS for the quarter, topping analysts’ consensus estimates of $1.62 by $0.09. Aptiv had a return on equity of 17.83% and a net margin of 1.77%.The business had revenue of $5.09 billion for the quarter, compared to analysts’ expectations of $5.03 billion. During the same quarter in the previous year, the firm earned $1.69 earnings per share. The business’s revenue was up 5.4% compared to the same quarter last year. Aptiv has set its FY 2026 guidance at 5.700-6.100 EPS and its Q2 2026 guidance at 1.300-1.500 EPS. Analysts anticipate that Aptiv PLC will post 6.41 EPS for the current year.

Analyst Ratings Changes

A number of research analysts recently issued reports on APTV shares. Wolfe Research upgraded Aptiv from a “peer perform” rating to an “outperform” rating and set a $91.00 target price for the company in a report on Friday, March 6th. Weiss Ratings upgraded Aptiv from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, May 6th. Royal Bank Of Canada cut their price target on Aptiv from $104.00 to $81.00 and set an “outperform” rating on the stock in a research note on Tuesday, March 31st. Piper Sandler raised their price target on Aptiv from $103.00 to $106.00 in a research note on Tuesday, February 3rd. Finally, BNP Paribas Exane cut their price target on Aptiv from $107.00 to $83.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 14th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Aptiv currently has an average rating of “Moderate Buy” and a consensus price target of $82.85.

Read Our Latest Research Report on APTV

Aptiv Profile

(Free Report)

Aptiv plc is a global automotive technology company that develops safer, greener and more connected solutions for the mobility industry. The company designs and supplies advanced electrical architectures, electronic systems and software that enable vehicle connectivity, active safety, advanced driver-assistance systems (ADAS) and autonomous driving capabilities. Aptiv’s customers include major automakers and mobility service providers seeking to integrate higher levels of automation, electrification and software-defined features into production vehicles and mobility platforms.

Product and service offerings span vehicle electrical systems and wiring, connectors and harnesses, high-voltage electrification components, power electronics and charging solutions, sensors and compute platforms that support ADAS and autonomous functions, and the software and services required to integrate and manage these systems.

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