Aptiv PLC (NYSE:APTV) Shares Bought by Retirement Planning Co of New England Inc.

Retirement Planning Co of New England Inc. lifted its stake in Aptiv PLC (NYSE:APTV) by 11.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,465 shares of the auto parts company’s stock after acquiring an additional 580 shares during the period. Retirement Planning Co of New England Inc.’s holdings in Aptiv were worth $331,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the stock. FMR LLC lifted its stake in shares of Aptiv by 20.4% in the 3rd quarter. FMR LLC now owns 7,648,369 shares of the auto parts company’s stock worth $550,759,000 after acquiring an additional 1,294,670 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Aptiv by 1,390.6% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,361,795 shares of the auto parts company’s stock worth $386,103,000 after acquiring an additional 5,002,090 shares during the period. Franklin Resources Inc. lifted its stake in shares of Aptiv by 29.9% in the 3rd quarter. Franklin Resources Inc. now owns 4,738,514 shares of the auto parts company’s stock worth $336,861,000 after acquiring an additional 1,090,766 shares during the period. Victory Capital Management Inc. lifted its stake in shares of Aptiv by 6.1% in the 4th quarter. Victory Capital Management Inc. now owns 3,882,254 shares of the auto parts company’s stock worth $234,799,000 after acquiring an additional 223,831 shares during the period. Finally, Allspring Global Investments Holdings LLC lifted its stake in shares of Aptiv by 19.6% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 2,854,301 shares of the auto parts company’s stock worth $172,117,000 after acquiring an additional 468,069 shares during the period. 94.21% of the stock is owned by institutional investors and hedge funds.

Aptiv Stock Performance

Shares of APTV stock opened at $62.75 on Tuesday. Aptiv PLC has a fifty-two week low of $51.47 and a fifty-two week high of $85.56. The stock’s 50-day moving average is $63.67 and its two-hundred day moving average is $63.38. 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 has a market cap of $14.40 billion, a P/E ratio of 9.12, a PEG ratio of 0.62 and a beta of 1.78.

Aptiv (NYSE:APTV) last released its quarterly earnings data on Thursday, February 6th. The auto parts company reported $1.75 EPS 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%. Analysts predict that Aptiv PLC will post 7.2 earnings per share for the current fiscal year.

Insider Activity

In related news, SVP Benjamin Lyon sold 14,568 shares of Aptiv stock in a transaction on Monday, March 10th. The shares were sold at an average price of $65.50, for a total value of $954,204.00. Following the completion of the sale, the senior vice president now owns 125,237 shares of the company’s stock, valued at approximately $8,203,023.50. The trade was a 10.42 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.34% of the stock is owned by insiders.

Analyst Ratings Changes

Several analysts recently commented on APTV shares. StockNews.com started coverage on shares of Aptiv in a research note on Tuesday, March 11th. They set a “hold” rating for the company. TD Cowen started coverage on shares of Aptiv in a research note on Friday, March 7th. They set a “buy” rating and a $90.00 target price for the company. Oppenheimer increased their target price on shares of Aptiv from $83.00 to $85.00 and gave the company an “outperform” rating in a research note on Friday, February 7th. Wells Fargo & Company increased their target price on shares of Aptiv from $76.00 to $86.00 and gave the company an “overweight” rating in a research note on Friday, February 7th. Finally, Piper Sandler raised shares of Aptiv from an “underweight” rating to a “neutral” rating and increased their target price for the company from $53.00 to $65.00 in a research note on Thursday, January 23rd. One investment analyst has rated the stock with a sell rating, five have given a hold rating, sixteen have issued a buy rating and three have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $86.50.

Aptiv 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.