National Pension Service Purchases 805 Shares of Aptiv PLC (NYSE:APTV)

National Pension Service increased its position in shares of Aptiv PLC (NYSE:APTV) by 0.2% during the fourth quarter, HoldingsChannel.com reports. The firm owned 503,701 shares of the auto parts company’s stock after buying an additional 805 shares during the period. National Pension Service’s holdings in Aptiv were worth $30,464,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Wealth Enhancement Advisory Services LLC boosted its stake in Aptiv by 3.6% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 10,762 shares of the auto parts company’s stock valued at $775,000 after buying an additional 371 shares in the last quarter. State of Alaska Department of Revenue boosted its stake in Aptiv by 4.4% in the 3rd quarter. State of Alaska Department of Revenue now owns 30,884 shares of the auto parts company’s stock valued at $2,223,000 after buying an additional 1,300 shares in the last quarter. Nisa Investment Advisors LLC boosted its stake in Aptiv by 17.1% in the 3rd quarter. Nisa Investment Advisors LLC now owns 25,820 shares of the auto parts company’s stock valued at $1,859,000 after buying an additional 3,773 shares in the last quarter. Pinnacle Associates Ltd. boosted its stake in Aptiv by 50.3% in the 3rd quarter. Pinnacle Associates Ltd. now owns 31,696 shares of the auto parts company’s stock valued at $2,282,000 after buying an additional 10,601 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its stake in Aptiv by 16.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,225 shares of the auto parts company’s stock valued at $88,000 after buying an additional 176 shares in the last quarter. 94.21% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

APTV has been the topic of several recent analyst reports. Wells Fargo & Company boosted their price target on Aptiv from $76.00 to $86.00 and gave the company an “overweight” rating in a research note on Friday, February 7th. Raymond James reissued a “market perform” rating on shares of Aptiv in a research note on Monday, February 3rd. Baird R W raised Aptiv from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 27th. Robert W. Baird raised Aptiv from a “neutral” rating to an “outperform” rating and boosted their price objective for the stock from $75.00 to $82.00 in a research note on Monday, January 27th. Finally, Piper Sandler raised Aptiv from an “underweight” rating to a “neutral” rating and boosted their price objective for the stock from $53.00 to $65.00 in a research note on Thursday, January 23rd. One analyst has rated the stock with a sell rating, five have issued a hold rating, sixteen have assigned a buy rating and three have given a strong buy rating to the company. According to MarketBeat, Aptiv presently has an average rating of “Moderate Buy” and a consensus price target of $85.61.

Aptiv Trading Down 0.4 %

NYSE APTV opened at $65.05 on Friday. The stock has a 50-day simple moving average of $62.86 and a 200 day simple moving average of $63.90. The company has a market capitalization of $14.93 billion, a PE ratio of 9.46, a P/E/G ratio of 0.62 and a beta of 1.74. The company has a current ratio of 1.53, a quick ratio of 1.07 and a debt-to-equity ratio of 0.87. Aptiv PLC has a 12 month low of $51.47 and a 12 month high of $85.56.

Aptiv (NYSE:APTV) last released its quarterly earnings data on Thursday, February 6th. The auto parts company reported $1.75 EPS for the quarter, beating 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%. Research analysts forecast that Aptiv PLC will post 7.2 EPS for the current year.

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.