Aptiv PLC (NYSE:APTV) Stake Raised by Robecosam AG

Robecosam AG lifted its position in shares of Aptiv PLC (NYSE:APTV) by 8.1% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 854,000 shares of the auto parts company’s stock after buying an additional 64,000 shares during the quarter. Aptiv makes up about 2.9% of Robecosam AG’s holdings, making the stock its 7th largest position. Robecosam AG owned about 0.33% of Aptiv worth $69,225,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in APTV. William Blair Investment Management LLC raised its stake in Aptiv by 4.3% in the 1st quarter. William Blair Investment Management LLC now owns 590,149 shares of the auto parts company’s stock valued at $46,911,000 after purchasing an additional 24,080 shares during the last quarter. Cornerstone Advisors Inc. raised its stake in Aptiv by 30.6% in the 2nd quarter. Cornerstone Advisors Inc. now owns 692 shares of the auto parts company’s stock valued at $56,000 after purchasing an additional 162 shares during the last quarter. State of Alaska Department of Revenue raised its stake in Aptiv by 3.7% in the 2nd quarter. State of Alaska Department of Revenue now owns 40,527 shares of the auto parts company’s stock valued at $3,275,000 after purchasing an additional 1,447 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its stake in Aptiv by 4.1% in the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 590,838 shares of the auto parts company’s stock valued at $46,966,000 after purchasing an additional 23,372 shares during the last quarter. Finally, Keybank National Association OH acquired a new position in Aptiv in the 1st quarter valued at about $590,000. 94.70% of the stock is owned by institutional investors and hedge funds.

Shares of NYSE:APTV traded up $0.96 during trading on Tuesday, reaching $83.52. 62,350 shares of the stock were exchanged, compared to its average volume of 1,480,468. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.89 and a current ratio of 1.22. Aptiv PLC has a 12-month low of $58.80 and a 12-month high of $95.00. The firm has a market capitalization of $21.32 billion, a price-to-earnings ratio of 15.90, a price-to-earnings-growth ratio of 1.47 and a beta of 2.06. The company has a 50-day moving average price of $80.92.



Aptiv (NYSE:APTV) last issued its earnings results on Wednesday, July 31st. The auto parts company reported $1.33 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.13 by $0.20. Aptiv had a return on equity of 34.92% and a net margin of 6.86%. The business had revenue of $3.63 billion during the quarter, compared to analysts’ expectations of $3.64 billion. During the same quarter in the previous year, the business earned $1.40 EPS. The company’s revenue for the quarter was down 1.5% on a year-over-year basis. On average, analysts expect that Aptiv PLC will post 5.12 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 21st. Stockholders of record on Wednesday, August 7th will be issued a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 1.05%. The ex-dividend date of this dividend is Tuesday, August 6th. Aptiv’s payout ratio is currently 16.73%.

Several brokerages recently weighed in on APTV. Zacks Investment Research raised shares of Aptiv from a “sell” rating to a “hold” rating and set a $89.00 target price for the company in a research note on Friday, August 2nd. ValuEngine upgraded Aptiv from a “hold” rating to a “buy” rating in a report on Thursday, August 1st. Jefferies Financial Group restated a “buy” rating and issued a $108.00 price target (up previously from $99.00) on shares of Aptiv in a report on Thursday, August 1st. Buckingham Research lifted their price target on Aptiv from $76.00 to $79.00 and gave the company a “neutral” rating in a report on Thursday, August 1st. Finally, Bank of America lifted their price target on Aptiv from $90.00 to $92.00 and gave the company a “buy” rating in a report on Thursday, August 1st. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, seventeen have given a buy rating and two have assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $92.16.

Aptiv Company Profile

Aptiv PLC, together with its subsidiaries, designs and manufacturers vehicle components, and provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets worldwide. It operates through two segment, Signal and Power Solutions, and Advanced Safety and User Experience.

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Institutional Ownership by Quarter for Aptiv (NYSE:APTV)

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