Aptiv (NYSE:APTV) Price Target Raised to $103.00

by · The Cerbat Gem

Aptiv (NYSE:APTV – Free Report) had its price target boosted by Wells Fargo & Company from $89.00 to $103.00 in a report issued on Tuesday morning, MarketBeat.com reports. Wells Fargo & Company currently has an overweight rating on the auto parts company’s stock.

APTV has been the subject of a number of other reports. Oppenheimer reissued an “outperform” rating and set a $88.00 price objective (up from $84.00) on shares of Aptiv in a research note on Monday, August 4th. Guggenheim cut shares of Aptiv from a “buy” rating to a “neutral” rating in a research note on Wednesday, June 4th. Robert W. Baird lifted their target price on shares of Aptiv from $84.00 to $97.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 3rd. UBS Group lifted their target price on shares of Aptiv from $66.00 to $75.00 and gave the stock a “neutral” rating in a research note on Monday, July 14th. Finally, Wall Street Zen cut shares of Aptiv from a “buy” rating to a “hold” rating in a research note on Sunday, September 7th. Three equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $84.20.

Check Out Our Latest Stock Analysis on APTV

Aptiv Trading Up 2.7%

Shares of APTV opened at $83.81 on Tuesday. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.76 and a quick ratio of 1.24. The firm has a 50 day simple moving average of $73.24 and a 200-day simple moving average of $66.21. Aptiv has a 1-year low of $47.19 and a 1-year high of $84.47. The stock has a market cap of $18.25 billion, a price-to-earnings ratio of 19.18, a price-to-earnings-growth ratio of 0.91 and a beta of 1.48.

Aptiv (NYSE:APTV – Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The auto parts company reported $2.12 earnings per share for the quarter, topping analysts’ consensus estimates of $1.83 by $0.29. Aptiv had a net margin of 5.12% and a return on equity of 18.46%. The business had revenue of $5.21 billion during the quarter, compared to analysts’ expectations of $5.02 billion. During the same period last year, the company posted $1.58 EPS. The company’s revenue was up 3.1% on a year-over-year basis. Aptiv has set its FY 2025 guidance at 7.300-7.600 EPS. Q3 2025 guidance at 1.600-1.800 EPS. Equities analysts forecast that Aptiv will post 7.2 EPS for the current fiscal year.

Hedge Funds Weigh In On Aptiv

A number of institutional investors have recently added to or reduced their stakes in APTV. True Wealth Design LLC increased its position in shares of Aptiv by 83.8% in the 2nd quarter. True Wealth Design LLC now owns 397 shares of the auto parts company’s stock worth $27,000 after purchasing an additional 181 shares during the last quarter. Zions Bancorporation National Association UT acquired a new stake in shares of Aptiv in the 1st quarter worth approximately $26,000. 1248 Management LLC acquired a new stake in shares of Aptiv in the 1st quarter worth approximately $28,000. Geneos Wealth Management Inc. lifted its stake in Aptiv by 452.3% during the first quarter. Geneos Wealth Management Inc. now owns 486 shares of the auto parts company’s stock valued at $29,000 after purchasing an additional 398 shares during the last quarter. Finally, Allworth Financial LP lifted its stake in Aptiv by 175.9% during the second quarter. Allworth Financial LP now owns 560 shares of the auto parts company’s stock valued at $38,000 after purchasing an additional 357 shares during the last quarter. Institutional investors and hedge funds own 94.21% of the company’s stock.

Aptiv Company Profile

(Get Free Report)

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.

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