Wedge Capital Management L L P NC Has $12.10 Million Position in Aptiv PLC $APTV

Wedge Capital Management L L P NC increased its position in shares of Aptiv PLC (NYSE:APTV) by 32.4% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 197,161 shares of the auto parts company’s stock after buying an additional 48,247 shares during the quarter. Wedge Capital Management L L P NC owned 0.09% of Aptiv worth $12,102,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of APTV. Larson Financial Group LLC boosted its position in Aptiv by 240.0% during the 4th quarter. Larson Financial Group LLC now owns 357 shares of the auto parts company’s stock worth $27,000 after acquiring an additional 252 shares during the last quarter. Geneos Wealth Management Inc. raised its holdings in shares of Aptiv by 452.3% in 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. Atlas Capital Advisors Inc. acquired a new stake in shares of Aptiv in the fourth quarter valued at approximately $33,000. DV Equities LLC bought a new stake in shares of Aptiv in the fourth quarter worth $33,000. Finally, Eastern Bank boosted its holdings in Aptiv by 702.9% during the second quarter. Eastern Bank now owns 546 shares of the auto parts company’s stock worth $34,000 after purchasing an additional 478 shares during the last quarter. Institutional investors and hedge funds own 94.21% of the company’s stock.

Insider Buying and Selling

In other Aptiv news, EVP Katherine H. Ramundo sold 2,000 shares of the company’s stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $78.30, for a total value of $156,600.00. Following the transaction, the executive vice president directly owned 163,752 shares in the company, valued at $12,821,781.60. The trade was a 1.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.06% of the stock is currently owned by company insiders.

Aptiv Stock Performance

NYSE APTV opened at $48.38 on Thursday. The firm has a market capitalization of $10.05 billion, a P/E ratio of 45.64, a price-to-earnings-growth ratio of 0.96 and a beta of 1.46. The company has a current ratio of 2.02, a quick ratio of 1.33 and a debt-to-equity ratio of 0.61. The firm’s fifty day moving average price is $59.45 and its two-hundred day moving average price is $65.00. Aptiv PLC has a 1 year low of $46.16 and a 1 year high of $88.93.

Aptiv (NYSE:APTV) last announced its quarterly earnings data on Tuesday, August 4th. The auto parts company reported $1.63 EPS for the quarter, beating analysts’ consensus estimates of $1.42 by $0.21. Aptiv had a net margin of 1.17% and a return on equity of 17.10%. The company had revenue of $3.27 billion during the quarter, compared to the consensus estimate of $3.31 billion. During the same quarter last year, the firm posted $2.12 EPS. The company’s quarterly revenue was up 2.3% on a year-over-year basis. Aptiv has set its FY 2026 guidance at 5.600-5.800 EPS and its Q3 2026 guidance at 1.250-1.350 EPS. As a group, research analysts anticipate that Aptiv PLC will post 5.69 EPS for the current year.

Analyst Ratings Changes

A number of research firms recently weighed in on APTV. Evercore reaffirmed an “outperform” rating and issued a $70.00 target price on shares of Aptiv in a research report on Monday. Wells Fargo & Company cut their price target on shares of Aptiv from $77.00 to $66.00 and set an “overweight” rating on the stock in a research report on Wednesday, August 5th. Argus reduced their price objective on shares of Aptiv from $99.00 to $69.00 and set a “buy” rating for the company in a research note on Wednesday, May 27th. Weiss Ratings raised Aptiv from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, July 28th. Finally, HSBC dropped their target price on Aptiv from $81.32 to $75.00 and set a “buy” rating on the stock in a report on Monday, April 27th. Nineteen equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Aptiv currently has a consensus rating of “Moderate Buy” and an average target price of $76.72.

Aptiv Profile

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.