Aptiv PLC (NYSE:APTV) Shares Sold by New York State Teachers Retirement System

New York State Teachers Retirement System lessened its holdings in Aptiv PLC (NYSE:APTV) by 3.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 259,198 shares of the auto parts company’s stock after selling 7,888 shares during the period. New York State Teachers Retirement System owned approximately 0.10% of Aptiv worth $18,665,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of APTV. Broderick Brian C raised its holdings in shares of Aptiv by 0.6% in the 1st quarter. Broderick Brian C now owns 21,728 shares of the auto parts company’s stock valued at $1,731,000 after buying an additional 132 shares during the period. Wolff Wiese Magana LLC raised its holdings in shares of Aptiv by 44.3% in the 3rd quarter. Wolff Wiese Magana LLC now owns 505 shares of the auto parts company’s stock valued at $36,000 after buying an additional 155 shares during the period. Signaturefd LLC raised its holdings in shares of Aptiv by 6.2% in the 2nd quarter. Signaturefd LLC now owns 2,682 shares of the auto parts company’s stock valued at $189,000 after buying an additional 156 shares during the period. Mather Group LLC. raised its holdings in shares of Aptiv by 36.9% in the 3rd quarter. Mather Group LLC. now owns 653 shares of the auto parts company’s stock valued at $47,000 after buying an additional 176 shares during the period. Finally, Crewe Advisors LLC raised its holdings in shares of Aptiv by 94.7% in the 2nd quarter. Crewe Advisors LLC now owns 442 shares of the auto parts company’s stock valued at $31,000 after buying an additional 215 shares during the period. Institutional investors and hedge funds own 94.21% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have weighed in on APTV shares. Deutsche Bank Aktiengesellschaft cut their price target on Aptiv from $76.00 to $66.00 and set a “hold” rating on the stock in a report on Friday. Morgan Stanley cut their price target on Aptiv from $70.00 to $68.00 and set an “underweight” rating on the stock in a report on Wednesday, September 25th. Nomura Securities upgraded Aptiv from a “strong sell” rating to a “hold” rating in a report on Monday, August 19th. JPMorgan Chase & Co. upped their price target on Aptiv from $107.00 to $113.00 and gave the stock an “overweight” rating in a report on Monday, October 21st. Finally, Wells Fargo & Company upgraded Aptiv from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $78.00 to $87.00 in a report on Friday, September 20th. Two analysts have rated the stock with a sell rating, five have given a hold rating and thirteen have given a buy rating to the company’s stock. According to MarketBeat, Aptiv currently has an average rating of “Moderate Buy” and an average price target of $88.18.

Aptiv Stock Down 0.8 %

Shares of NYSE APTV opened at $56.37 on Friday. The stock has a market cap of $14.98 billion, a PE ratio of 4.26, a price-to-earnings-growth ratio of 0.63 and a beta of 1.79. The company has a quick ratio of 1.09, a current ratio of 1.49 and a debt-to-equity ratio of 0.47. Aptiv PLC has a 52-week low of $54.70 and a 52-week high of $91.66. The business has a 50-day moving average price of $69.58 and a 200 day moving average price of $72.41.

Aptiv (NYSE:APTV) last announced its earnings results on Thursday, October 31st. The auto parts company reported $1.83 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.69 by $0.14. The firm had revenue of $4.85 billion during the quarter, compared to analysts’ expectations of $5.10 billion. Aptiv had a return on equity of 13.19% and a net margin of 18.46%. The business’s revenue was down 5.1% on a year-over-year basis. During the same period in the prior year, the firm earned $1.30 EPS. Equities research analysts forecast that Aptiv PLC will post 6.23 earnings per share for the current year.

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.