Robocap Asset Management Ltd lifted its position in Aptiv PLC (NYSE:APTV - Free Report) by 27.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 32,611 shares of the auto parts company's stock after acquiring an additional 7,034 shares during the quarter. Aptiv accounts for approximately 1.3% of Robocap Asset Management Ltd's holdings, making the stock its 24th largest position. Robocap Asset Management Ltd's holdings in Aptiv were worth $1,972,000 at the end of the most recent quarter.
Other large investors have also recently added to or reduced their stakes in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings 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. Harris Associates L P bought a new stake in shares of Aptiv during the third quarter valued at approximately $162,640,000. Point72 Asset Management L.P. acquired a new position in shares of Aptiv during the third quarter worth approximately $143,909,000. FMR LLC grew its holdings in 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 buying an additional 1,294,670 shares in the last quarter. Finally, Franklin Resources Inc. increased its position in Aptiv by 29.9% in the 3rd quarter. Franklin Resources Inc. now owns 4,738,514 shares of the auto parts company's stock valued at $336,861,000 after acquiring an additional 1,090,766 shares during the period. 94.21% of the stock is currently owned by institutional investors.
APTV stock opened at $64.09 on Friday. The business's 50-day simple moving average is $60.06 and its 200 day simple moving average is $64.24. The company has a quick ratio of 1.06, a current ratio of 1.50 and a debt-to-equity ratio of 0.91. The company has a market cap of $15.06 billion, a PE ratio of 7.15, a price-to-earnings-growth ratio of 0.55 and a beta of 1.74. Aptiv PLC has a twelve month low of $51.47 and a twelve month high of $85.56.
Aptiv (NYSE:APTV - Get Free Report) last issued its earnings results on Thursday, February 6th. The auto parts company reported $1.75 EPS for the quarter, topping the consensus estimate of $1.63 by $0.12. Aptiv had a return on equity of 14.51% and a net margin of 12.29%. On average, research analysts anticipate that Aptiv PLC will post 6.18 earnings per share for the current year.
A number of research analysts have recently commented on APTV shares. Oppenheimer raised their price target on Aptiv from $83.00 to $85.00 and gave the company an "outperform" rating in a report on Friday. Baird R W upgraded shares of Aptiv from a "hold" rating to a "strong-buy" rating in a research report on Monday, January 27th. Guggenheim reiterated a "buy" rating and issued a $73.00 price objective on shares of Aptiv in a report on Thursday, December 5th. TD Cowen dropped their target price on Aptiv from $95.00 to $74.00 and set a "buy" rating on the stock in a report on Friday, November 1st. Finally, Wells Fargo & Company lifted their price target on Aptiv from $76.00 to $86.00 and gave the company an "overweight" rating in a research report on Friday. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, sixteen have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, Aptiv presently has a consensus rating of "Moderate Buy" and an average price target of $86.72.
View Our Latest Stock Report on Aptiv
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.
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