Aptiv (NYSE:APTV) Earns Hold Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of Aptiv (NYSE:APTV) in a report released on Sunday morning. The brokerage issued a hold rating on the auto parts company’s stock.

Several other equities analysts have also commented on APTV. Oppenheimer upped their price target on shares of Aptiv from $83.00 to $85.00 and gave the stock an “outperform” rating in a research report on Friday, February 7th. Robert W. Baird raised Aptiv from a “neutral” rating to an “outperform” rating and lifted their price objective for the company from $75.00 to $82.00 in a research note on Monday, January 27th. Baird R W upgraded shares of Aptiv from a “hold” rating to a “strong-buy” rating in a report on Monday, January 27th. Morgan Stanley cut their target price on shares of Aptiv from $68.00 to $60.00 and set an “underweight” rating on the stock in a research note on Thursday, November 14th. Finally, Evercore ISI reduced their target price on shares of Aptiv from $105.00 to $95.00 and set an “outperform” rating on the stock in a report on Monday, February 10th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, sixteen have given a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $85.61.

Aptiv Price Performance

Aptiv stock opened at $66.69 on Friday. The stock has a market capitalization of $15.30 billion, a P/E ratio of 9.69, a P/E/G ratio of 0.62 and a beta of 1.74. Aptiv has a 12-month low of $51.47 and a 12-month high of $85.56. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.53 and a quick ratio of 1.07. The firm’s 50-day moving average is $62.37 and its two-hundred day moving average is $63.92.

Aptiv (NYSE:APTV) last issued its quarterly earnings results on Thursday, February 6th. The auto parts company reported $1.75 earnings per share for the quarter, topping analysts’ consensus estimates of $1.63 by $0.12. Aptiv had a return on equity of 15.63% and a net margin of 9.07%. Equities analysts predict that Aptiv will post 7.2 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Brown Brothers Harriman & Co. boosted its position in shares of Aptiv by 1,410.3% during the third quarter. Brown Brothers Harriman & Co. now owns 438 shares of the auto parts company’s stock worth $32,000 after buying an additional 409 shares during the period. Picton Mahoney Asset Management acquired a new position in shares of Aptiv during the fourth quarter valued at $37,000. Capital Performance Advisors LLP acquired a new stake in Aptiv in the third quarter worth about $43,000. Brooklyn Investment Group acquired a new position in Aptiv during the 3rd quarter valued at about $43,000. Finally, Hazlett Burt & Watson Inc. raised its position in shares of Aptiv by 100.0% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 702 shares of the auto parts company’s stock worth $50,000 after buying an additional 351 shares in the last quarter. 94.21% of the stock is owned by institutional investors and hedge funds.

Aptiv Company Profile

Aptiv PLC engages in design, manufacture, and sale of vehicle components in North America, Europe, Middle East, Africa, the Asia Pacific, South America, and internationally. The company provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets. It operates through two segments, Signal and Power Solutions, and Advanced Safety and User Experience.