Aptiv (NYSE:APTV) Upgraded at Baird R W

Baird R W upgraded shares of Aptiv (NYSE:APTVFree Report) from a hold rating to a strong-buy rating in a research note released on Monday,Zacks.com reports.

APTV has been the topic of a number of other research reports. Royal Bank of Canada dropped their target price on Aptiv from $82.00 to $72.00 and set an “outperform” rating on the stock in a research report on Friday, November 1st. Fox Advisors lowered Aptiv from an “overweight” rating to an “equal weight” rating in a research report on Tuesday, October 1st. TD Cowen dropped their target price on Aptiv from $95.00 to $74.00 and set a “buy” rating on the stock in a research report on Friday, November 1st. Piper Sandler raised Aptiv from an “underweight” rating to a “neutral” rating and lifted their target price for the company from $53.00 to $65.00 in a research report on Thursday, January 23rd. Finally, Wells Fargo & Company raised their price target on Aptiv from $70.00 to $76.00 and gave the company an “overweight” rating in a research note on Thursday, January 23rd. One investment analyst has rated the stock with a sell rating, five have given a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $85.47.

Get Our Latest Research Report on APTV

Aptiv Trading Down 0.1 %

NYSE APTV opened at $62.72 on Monday. The firm has a market cap of $14.74 billion, a P/E ratio of 7.00, a P/E/G ratio of 0.56 and a beta of 1.75. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.50 and a quick ratio of 1.06. The stock’s 50-day moving average is $59.04 and its 200-day moving average is $64.61. Aptiv has a one year low of $51.47 and a one year high of $88.89.

Aptiv (NYSE:APTVGet Free Report) last released its quarterly earnings results on Thursday, October 31st. The auto parts company reported $1.83 EPS for the quarter, topping analysts’ consensus estimates of $1.68 by $0.15. The company had revenue of $4.85 billion for the quarter, compared to analyst estimates of $5.10 billion. Aptiv had a return on equity of 14.51% and a net margin of 12.29%. Aptiv’s revenue was down 5.1% compared to the same quarter last year. During the same quarter last year, the firm posted $1.30 earnings per share. Sell-side analysts anticipate that Aptiv will post 6.15 earnings per share for the current fiscal year.

Institutional Trading of Aptiv

Institutional investors have recently added to or reduced their stakes in the company. Brown Brothers Harriman & Co. boosted its stake in Aptiv by 1,410.3% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 438 shares of the auto parts company’s stock valued at $32,000 after purchasing an additional 409 shares during the period. Wolff Wiese Magana LLC boosted its stake 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 purchasing an additional 155 shares during the period. Capital Performance Advisors LLP acquired a new position in Aptiv in the 3rd quarter valued at $43,000. Brooklyn Investment Group acquired a new position in Aptiv in the 3rd quarter valued at $43,000. Finally, Mather Group LLC. raised its holdings in Aptiv by 36.9% in the 3rd 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 in the last quarter. 94.21% of the stock is currently owned by institutional investors.

About Aptiv

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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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