Aptiv (NYSE:APTV) Research Coverage Started at StockNews.com

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

APTV has been the subject of several other research reports. Royal Bank of Canada decreased their target price on Aptiv from $82.00 to $72.00 and set an “outperform” rating for the company in a research note on Friday, November 1st. Bank of America reduced their price objective on shares of Aptiv from $105.00 to $102.00 and set a “buy” rating for the company in a research report on Monday, October 14th. TD Cowen dropped their target price on shares of Aptiv from $95.00 to $74.00 and set a “buy” rating on the stock in a report on Friday, November 1st. JPMorgan Chase & Co. raised their target price on shares of Aptiv from $107.00 to $113.00 and gave the stock an “overweight” rating in a report on Monday, October 21st. Finally, Guggenheim reaffirmed a “buy” rating and issued a $73.00 price target on shares of Aptiv in a report on Thursday, December 5th. One research analyst has rated the stock with a sell rating, five have issued a hold rating, sixteen have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $86.72.

Aptiv Stock Up 1.0 %

Shares of Aptiv stock opened at $64.09 on Friday. 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 1-year low of $51.47 and a 1-year high of $85.56. The business’s fifty day moving average price is $60.23 and its two-hundred day moving average price is $64.17. The company has a market capitalization of $15.06 billion, a P/E ratio of 9.32, a PEG ratio of 0.54 and a beta of 1.74.

Aptiv (NYSE:APTV) last posted its quarterly earnings data on Thursday, February 6th. The auto parts company reported $1.75 earnings per share for the quarter, topping 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, research analysts forecast that Aptiv will post 7.14 EPS for the current year.

Hedge Funds Weigh In On Aptiv

Several institutional investors have recently bought and sold shares of APTV. Wolff Wiese Magana LLC boosted its position in Aptiv by 44.3% in the 3rd quarter. Wolff Wiese Magana LLC now owns 505 shares of the auto parts company’s stock valued at $36,000 after buying an additional 155 shares during the last quarter. Mather Group LLC. boosted its holdings in Aptiv by 36.9% in the third quarter. Mather Group LLC. now owns 653 shares of the auto parts company’s stock valued at $47,000 after acquiring an additional 176 shares during the last quarter. Farther Finance Advisors LLC increased its position in Aptiv by 16.8% in the third quarter. Farther Finance Advisors LLC now owns 1,225 shares of the auto parts company’s stock worth $88,000 after purchasing an additional 176 shares during the period. Boston Common Asset Management LLC raised its holdings in Aptiv by 4.8% during 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. Finally, First Horizon Advisors Inc. lifted its position in Aptiv by 4.9% during the 3rd 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 period. Institutional investors 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.