Firetrail Investments PTY Ltd. Purchases Shares of 158,155 Aptiv PLC $APTV

Firetrail Investments PTY Ltd. purchased a new stake in Aptiv PLC (NYSE:APTV) in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 158,155 shares of the auto parts company’s stock, valued at approximately $9,649,000. Aptiv accounts for approximately 2.7% of Firetrail Investments PTY Ltd.’s holdings, making the stock its 15th biggest holding.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Larson Financial Group LLC raised its stake in shares of Aptiv by 240.0% in the 4th quarter. Larson Financial Group LLC now owns 357 shares of the auto parts company’s stock valued at $27,000 after purchasing an additional 252 shares during the period. Geneos Wealth Management Inc. lifted its stake in 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 acquiring an additional 398 shares during the last quarter. Atlas Capital Advisors Inc. bought a new position in shares of Aptiv in the 4th quarter valued at about $33,000. DV Equities LLC acquired a new position in shares of Aptiv during the 4th quarter worth about $33,000. Finally, Eastern Bank raised its holdings in shares of Aptiv by 702.9% in the 2nd quarter. Eastern Bank now owns 546 shares of the auto parts company’s stock valued at $34,000 after purchasing an additional 478 shares during the period. 94.21% of the stock is currently owned by institutional investors and hedge funds.

Aptiv Trading Down 0.1%

Shares of APTV stock opened at $49.53 on Monday. Aptiv PLC has a 12-month low of $46.16 and a 12-month high of $88.93. The company has a market capitalization of $10.28 billion, a PE ratio of 46.72, a price-to-earnings-growth ratio of 0.96 and a beta of 1.46. The firm has a 50 day moving average price of $58.59 and a two-hundred day moving average price of $64.61. The company has a quick ratio of 1.33, a current ratio of 2.02 and a debt-to-equity ratio of 0.61.

Aptiv (NYSE:APTV) last posted its earnings results on Tuesday, August 4th. The auto parts company reported $1.63 EPS for the quarter, beating the consensus estimate of $1.42 by $0.21. The company had revenue of $3.27 billion for the quarter, compared to the consensus estimate of $3.31 billion. Aptiv had a return on equity of 17.10% and a net margin of 1.17%.The firm’s revenue for the quarter was up 2.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.12 earnings per share. 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, analysts predict that Aptiv PLC will post 5.69 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms recently commented on APTV. Wall Street Zen cut Aptiv from a “buy” rating to a “hold” rating in a report on Saturday, June 6th. Piper Sandler dropped their price objective on Aptiv from $106.00 to $94.00 and set an “overweight” rating on the stock in a research note on Monday, June 8th. Evercore reaffirmed an “outperform” rating and issued a $70.00 price objective on shares of Aptiv in a research report on Monday, August 10th. HSBC reduced their target price on Aptiv from $81.32 to $75.00 and set a “buy” rating for the company in a research note on Monday, April 27th. Finally, Deutsche Bank Aktiengesellschaft cut Aptiv from a “buy” rating to a “hold” rating and set a $56.00 price target on the stock. in a research note on Wednesday, August 5th. Nineteen investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Aptiv currently has an average rating of “Moderate Buy” and a consensus target price of $76.50.

Insider Activity at Aptiv

In related news, EVP Katherine H. Ramundo sold 2,000 shares of the company’s stock in a transaction dated 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 approximately $12,821,781.60. This represents a 1.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.06% of the company’s stock.

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.