Financiere des Professionnels Fonds d investissement inc. Sells 46,063 Shares of Aptiv PLC $APTV

by · The Cerbat Gem

Financiere des Professionnels Fonds d investissement inc. lessened its stake in shares of Aptiv PLC (NYSE:APTV – Free Report) by 37.8% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 75,928 shares of the auto parts company’s stock after selling 46,063 shares during the quarter. Financiere des Professionnels Fonds d investissement inc.’s holdings in Aptiv were worth $6,547,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. True Wealth Design LLC lifted its position in Aptiv by 83.8% during the second quarter. True Wealth Design LLC now owns 397 shares of the auto parts company’s stock worth $27,000 after acquiring an additional 181 shares during the last quarter. Geneos Wealth Management Inc. increased its stake in shares of Aptiv by 452.3% during the first quarter. Geneos Wealth Management Inc. now owns 486 shares of the auto parts company’s stock worth $29,000 after purchasing an additional 398 shares during the period. 1248 Management LLC acquired a new stake in Aptiv during the 1st quarter worth approximately $34,000. Allworth Financial LP boosted its stake in Aptiv by 175.9% in the 2nd 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 period. Finally, Cromwell Holdings LLC grew its holdings in Aptiv by 4,035.7% in the 2nd quarter. Cromwell Holdings LLC now owns 579 shares of the auto parts company’s stock valued at $39,000 after buying an additional 565 shares in the last quarter. Institutional investors and hedge funds own 94.21% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Barclays raised shares of Aptiv from an “equal weight” rating to an “overweight” rating and boosted their target price for the company from $85.00 to $105.00 in a research report on Friday, September 12th. Piper Sandler boosted their price objective on shares of Aptiv from $72.00 to $87.00 and gave the company a “neutral” rating in a report on Friday, October 31st. Wall Street Zen raised shares of Aptiv from a “buy” rating to a “strong-buy” rating in a report on Saturday. Daiwa Capital Markets boosted their price target on Aptiv from $79.00 to $100.00 and gave the company an “outperform” rating in a research note on Wednesday, October 1st. Finally, Bank of America raised their price objective on Aptiv from $85.00 to $95.00 and gave the stock a “buy” rating in a research note on Wednesday, September 10th. Four research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $96.63.

View Our Latest Report on Aptiv

Aptiv Stock Up 3.0%

NYSE APTV opened at $78.41 on Friday. The business has a fifty day moving average price of $78.48 and a two-hundred day moving average price of $77.11. The stock has a market capitalization of $16.94 billion, a PE ratio of 62.23, a PEG ratio of 0.89 and a beta of 1.50. Aptiv PLC has a fifty-two week low of $47.19 and a fifty-two week high of $88.80. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.79 and a quick ratio of 1.26.

Aptiv (NYSE:APTV – Get Free Report) last posted its quarterly earnings results on Thursday, October 30th. The auto parts company reported $2.17 EPS for the quarter, topping analysts’ consensus estimates of $1.81 by $0.36. Aptiv had a return on equity of 18.51% and a net margin of 1.46%.The company had revenue of $5.21 billion during the quarter, compared to analysts’ expectations of $5.05 billion. During the same quarter in the previous year, the firm earned $1.83 EPS. Aptiv’s revenue was up 7.4% on a year-over-year basis. Aptiv has set its FY 2025 guidance at 7.550-7.850 EPS and its Q4 2025 guidance at 1.600-1.900 EPS. Equities analysts expect that Aptiv PLC will post 7.2 earnings per share for the current fiscal year.

Aptiv Company 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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