Aptiv (NYSE:APTV) Earns “Hold” Rating from Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reissued their hold rating on shares of Aptiv (NYSE:APTV) in a research report sent to investors on Tuesday morning, MarketBeat reports. Deutsche Bank Aktiengesellschaft currently has a $74.00 price target on the auto parts company’s stock.

A number of other research analysts also recently weighed in on the stock. The Goldman Sachs Group cut their price target on shares of Aptiv from $118.00 to $101.00 and set a buy rating on the stock in a report on Wednesday, July 10th. UBS Group reduced their price target on Aptiv from $107.00 to $99.00 and set a buy rating for the company in a research report on Wednesday, July 10th. Bank of America lowered their price objective on Aptiv from $115.00 to $105.00 and set a buy rating on the stock in a report on Monday, July 22nd. Royal Bank of Canada upped their target price on Aptiv from $85.00 to $87.00 and gave the stock an outperform rating in a research report on Thursday, September 5th. Finally, Evercore ISI dropped their price target on shares of Aptiv from $125.00 to $115.00 and set an outperform rating on the stock in a research report on Monday, July 15th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of Moderate Buy and a consensus price target of $94.88.

Aptiv Price Performance

Shares of NYSE:APTV opened at $65.38 on Tuesday. The firm has a market cap of $17.38 billion, a price-to-earnings ratio of 6.16, a P/E/G ratio of 0.63 and a beta of 1.79. Aptiv has a 1 year low of $64.98 and a 1 year high of $104.72. The company has a current ratio of 1.49, a quick ratio of 1.09 and a debt-to-equity ratio of 0.47. The business has a fifty day simple moving average of $69.78 and a 200 day simple moving average of $74.57.

Aptiv (NYSE:APTV) last posted its quarterly earnings results on Thursday, August 1st. The auto parts company reported $1.58 earnings per share for the quarter, topping analysts’ consensus estimates of $1.42 by $0.16. The company had revenue of $5.05 billion during the quarter, compared to the consensus estimate of $5.30 billion. Aptiv had a return on equity of 13.19% and a net margin of 18.46%. The business’s quarterly revenue was down 2.9% on a year-over-year basis. During the same period last year, the business earned $1.25 EPS. As a group, sell-side analysts predict that Aptiv will post 6.28 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Aptiv

A number of institutional investors have recently bought and sold shares of the business. Wells Fargo & Company MN lifted its holdings in shares of Aptiv by 6.3% during the 4th quarter. Wells Fargo & Company MN now owns 455,651 shares of the auto parts company’s stock worth $40,881,000 after acquiring an additional 26,933 shares during the period. Janney Montgomery Scott LLC raised its position in Aptiv by 36.6% in the first quarter. Janney Montgomery Scott LLC now owns 47,934 shares of the auto parts company’s stock worth $3,818,000 after purchasing an additional 12,835 shares in the last quarter. FIFTHDELTA Ltd acquired a new position in Aptiv in the fourth quarter worth about $50,767,000. Trillium Asset Management LLC boosted its holdings in Aptiv by 33.1% during the fourth quarter. Trillium Asset Management LLC now owns 361,249 shares of the auto parts company’s stock valued at $32,411,000 after purchasing an additional 89,786 shares in the last quarter. Finally, Vanguard Group Inc. grew its stake in shares of Aptiv by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 31,697,555 shares of the auto parts company’s stock valued at $2,843,905,000 after purchasing an additional 325,550 shares during the period. Institutional investors and hedge funds own 94.21% of the company’s stock.

Aptiv Company Profile

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.