Squarepoint Ops LLC Increases Stock Holdings in Aptiv PLC $APTV

Squarepoint Ops LLC grew its position in Aptiv PLC (NYSE:APTV) by 238.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 519,044 shares of the auto parts company’s stock after purchasing an additional 365,893 shares during the period. Squarepoint Ops LLC’s holdings in Aptiv were worth $31,859,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Larson Financial Group LLC increased its position in shares of Aptiv by 240.0% during the fourth quarter. Larson Financial Group LLC now owns 357 shares of the auto parts company’s stock valued at $27,000 after acquiring an additional 252 shares during the last quarter. Ameritas Advisory Services LLC bought a new position in Aptiv during the second quarter valued at about $29,000. Geneos Wealth Management Inc. raised its position in 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 acquiring an additional 398 shares during the period. Atlas Capital Advisors Inc. bought a new position in shares of Aptiv during the 4th quarter valued at approximately $33,000. Finally, DV Equities LLC bought a new stake in shares of Aptiv in the 4th quarter worth approximately $33,000. Hedge funds and other institutional investors own 94.21% of the company’s stock.

Aptiv Trading Down 4.5%

NYSE APTV opened at $45.77 on Wednesday. The company has a quick ratio of 1.33, a current ratio of 2.02 and a debt-to-equity ratio of 0.61. The stock’s 50-day simple moving average is $52.73 and its two-hundred day simple moving average is $60.50. Aptiv PLC has a twelve month low of $44.52 and a twelve month high of $88.93. The company has a market capitalization of $9.50 billion, a price-to-earnings ratio of 43.18, a PEG ratio of 0.93 and a beta of 1.45.

Aptiv (NYSE:APTV) last announced its quarterly earnings data on Tuesday, August 4th. The auto parts company reported $1.63 earnings per share 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 analyst estimates of $3.31 billion. Aptiv had a net margin of 1.17% and a return on equity of 17.10%. The business’s quarterly revenue was up 2.3% on a year-over-year basis. During the same period in the previous year, the business posted $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 forecast that Aptiv PLC will post 5.69 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on APTV shares. Zacks Research cut Aptiv from a “hold” rating to a “strong sell” rating in a research note on Monday, August 10th. Evercore restated an “outperform” rating and set a $70.00 price target on shares of Aptiv in a research note on Monday, August 10th. The Goldman Sachs Group lowered their target price on shares of Aptiv from $82.00 to $71.00 and set a “buy” rating on the stock in a report on Wednesday, August 5th. Barclays cut their price target on Aptiv from $73.00 to $65.00 and set an “overweight” rating for the company in a report on Monday, August 10th. Finally, Piper Sandler dropped their price objective on Aptiv from $106.00 to $94.00 and set an “overweight” rating on the stock in a report on Monday, June 8th. Nineteen equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $76.50.

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.