Tectonic Advisors LLC Has $1.03 Million Stake in Aptiv PLC (NYSE:APTV)

Tectonic Advisors LLC raised its position in shares of Aptiv PLC (NYSE:APTV) by 5.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 17,099 shares of the auto parts company’s stock after purchasing an additional 915 shares during the quarter. Tectonic Advisors LLC’s holdings in Aptiv were worth $1,034,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Wolff Wiese Magana LLC raised its position in Aptiv by 44.3% during the third 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. Mather Group LLC. increased 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 purchasing an additional 176 shares during the period. Farther Finance Advisors LLC lifted its position in shares of Aptiv by 16.8% in the third quarter. Farther Finance Advisors LLC now owns 1,225 shares of the auto parts company’s stock worth $88,000 after purchasing an additional 176 shares in the last quarter. Boston Common Asset Management LLC boosted its holdings in shares of Aptiv by 4.8% during the fourth quarter. Boston Common Asset Management LLC now owns 4,110 shares of the auto parts company’s stock worth $249,000 after purchasing an additional 188 shares during the period. Finally, First Horizon Advisors Inc. grew its position in Aptiv by 4.9% during the third quarter. First Horizon Advisors Inc. now owns 4,632 shares of the auto parts company’s stock valued at $334,000 after purchasing an additional 218 shares in the last quarter. Hedge funds and other institutional investors own 94.21% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Robert W. Baird raised shares of Aptiv from a “neutral” rating to an “outperform” rating and lifted their target price for the company from $75.00 to $82.00 in a research note on Monday, January 27th. StockNews.com assumed coverage on Aptiv in a research report on Thursday, January 30th. They set a “hold” rating for the company. HSBC raised Aptiv from a “hold” rating to a “buy” rating and upped their target price for the stock from $63.00 to $77.00 in a research report on Tuesday. Guggenheim reiterated a “buy” rating and set a $73.00 price target on shares of Aptiv in a report on Thursday, December 5th. Finally, Morgan Stanley dropped their price objective on Aptiv from $68.00 to $60.00 and set an “underweight” rating on the stock in a report on Thursday, November 14th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, Aptiv presently has an average rating of “Moderate Buy” and a consensus target price of $85.00.

Aptiv Price Performance

NYSE APTV opened at $61.21 on Thursday. The stock has a 50-day simple moving average of $59.79 and a 200 day simple moving average of $64.27. Aptiv PLC has a twelve month low of $51.47 and a twelve month high of $85.56. The stock has a market capitalization of $14.39 billion, a PE ratio of 6.83, a P/E/G ratio of 0.55 and a beta of 1.74. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.06 and a current ratio of 1.50.

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.