Raiffeisen Bank International AG Acquires 32,282 Shares of Aptiv PLC $APTV

Raiffeisen Bank International AG raised its stake in shares of Aptiv PLC (NYSE:APTVFree Report) by 31.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 133,647 shares of the auto parts company’s stock after buying an additional 32,282 shares during the quarter. Raiffeisen Bank International AG owned about 0.06% of Aptiv worth $7,916,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. NewEdge Advisors LLC increased its holdings in Aptiv by 502.1% in the 1st quarter. NewEdge Advisors LLC now owns 15,557 shares of the auto parts company’s stock valued at $926,000 after acquiring an additional 12,973 shares during the last quarter. Woodline Partners LP grew its position in shares of Aptiv by 439.2% during the first quarter. Woodline Partners LP now owns 76,109 shares of the auto parts company’s stock valued at $4,528,000 after purchasing an additional 61,994 shares in the last quarter. Focus Partners Wealth increased its holdings in shares of Aptiv by 110.7% in the first quarter. Focus Partners Wealth now owns 9,511 shares of the auto parts company’s stock worth $566,000 after purchasing an additional 4,998 shares during the last quarter. Geneos Wealth Management Inc. increased 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 worth $29,000 after purchasing an additional 398 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its position in shares of Aptiv by 523.1% in the second quarter. EverSource Wealth Advisors LLC now owns 2,561 shares of the auto parts company’s stock worth $175,000 after buying an additional 2,150 shares in the last quarter. Hedge funds and other institutional investors own 94.21% of the company’s stock.

Analyst Ratings Changes

Several research firms have weighed in on APTV. Deutsche Bank Aktiengesellschaft cut Aptiv from a “buy” rating to a “hold” rating and set a $56.00 price target for the company. in a report on Wednesday, August 5th. JPMorgan Chase & Co. lowered their target price on Aptiv from $84.00 to $75.00 and set an “overweight” rating for the company in a research report on Friday, July 10th. Zacks Research lowered shares of Aptiv from a “hold” rating to a “strong sell” rating in a report on Monday, August 10th. Wall Street Zen cut shares of Aptiv from a “buy” rating to a “hold” rating in a research report on Saturday, June 6th. Finally, Morgan Stanley downgraded shares of Aptiv from an “overweight” rating to an “equal weight” rating and decreased their price target for the company from $71.00 to $55.00 in a research note on Wednesday, August 5th. Nineteen analysts have rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $76.50.

View Our Latest Research Report on Aptiv

Aptiv Trading Up 3.4%

Shares of APTV stock opened at $46.55 on Friday. The company has a market cap of $9.67 billion, a PE ratio of 43.92, a price-to-earnings-growth ratio of 0.87 and a beta of 1.45. Aptiv PLC has a 1 year low of $44.52 and a 1 year high of $88.93. The stock’s 50 day simple moving average is $53.52 and its two-hundred day simple moving average is $61.27. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.02 and a quick ratio of 1.33.

Aptiv (NYSE:APTVGet Free Report) last announced its earnings results on Tuesday, August 4th. The auto parts company reported $1.63 EPS for the quarter, topping analysts’ consensus estimates of $1.42 by $0.21. The firm had revenue of $3.27 billion during the quarter, compared to analysts’ expectations of $3.31 billion. Aptiv had a return on equity of 17.10% and a net margin of 1.17%.The company’s quarterly revenue was up 2.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.12 EPS. Aptiv has set its FY 2026 guidance at 5.600-5.800 EPS and its Q3 2026 guidance at 1.250-1.350 EPS. Research analysts predict that Aptiv PLC will post 5.69 earnings per share for the current year.

About Aptiv

(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.

See Also

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Institutional Ownership by Quarter for Aptiv (NYSE:APTV)

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