OLD Second National Bank of Aurora Has $1.47 Million Stock Position in Aptiv PLC (NYSE:APTV)

OLD Second National Bank of Aurora boosted its stake in shares of Aptiv PLC (NYSE:APTV) by 13.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 24,308 shares of the auto parts company’s stock after buying an additional 2,893 shares during the period. OLD Second National Bank of Aurora’s holdings in Aptiv were worth $1,470,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of APTV. Creative Planning raised its holdings in Aptiv by 41.0% during the 2nd quarter. Creative Planning now owns 55,658 shares of the auto parts company’s stock worth $3,919,000 after buying an additional 16,175 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Aptiv by 35.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 10,169 shares of the auto parts company’s stock valued at $716,000 after purchasing an additional 2,677 shares during the last quarter. Cetera Investment Advisers raised its holdings in shares of Aptiv by 8.8% in the second quarter. Cetera Investment Advisers now owns 35,658 shares of the auto parts company’s stock valued at $2,511,000 after purchasing an additional 2,895 shares during the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of Aptiv in the second quarter valued at approximately $1,868,000. Finally, Czech National Bank raised its holdings in shares of Aptiv by 4.4% in the third quarter. Czech National Bank now owns 54,138 shares of the auto parts company’s stock valued at $3,898,000 after purchasing an additional 2,293 shares during the last quarter. 94.21% of the stock is currently owned by institutional investors and hedge funds.

Aptiv Stock Down 0.1 %

APTV opened at $62.72 on Thursday. Aptiv PLC has a fifty-two week low of $51.47 and a fifty-two week high of $88.89. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.06 and a current ratio of 1.50. The company has a market capitalization of $14.74 billion, a P/E ratio of 7.00, a P/E/G ratio of 0.56 and a beta of 1.75. The stock has a fifty day moving average of $59.04 and a 200-day moving average of $64.61.

Aptiv (NYSE:APTV) last posted its earnings results on Thursday, October 31st. The auto parts company reported $1.83 earnings per share for the quarter, topping analysts’ consensus estimates of $1.68 by $0.15. Aptiv had a return on equity of 14.51% and a net margin of 12.29%. The company had revenue of $4.85 billion during the quarter, compared to the consensus estimate of $5.10 billion. During the same quarter last year, the firm earned $1.30 earnings per share. The company’s revenue was down 5.1% on a year-over-year basis. On average, equities analysts expect that Aptiv PLC will post 6.15 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on APTV shares. Barclays lowered their price objective on shares of Aptiv from $80.00 to $75.00 and set an “overweight” rating on the stock in a report on Wednesday, January 22nd. Morgan Stanley lowered their price objective on shares of Aptiv from $68.00 to $60.00 and set an “underweight” rating on the stock in a report on Thursday, November 14th. Piper Sandler upgraded shares of Aptiv from an “underweight” rating to a “neutral” rating and lifted their price objective for the company from $53.00 to $65.00 in a report on Thursday, January 23rd. Guggenheim reissued a “buy” rating and issued a $73.00 target price on shares of Aptiv in a research note on Thursday, December 5th. Finally, Deutsche Bank Aktiengesellschaft decreased their target price on shares of Aptiv from $76.00 to $66.00 and set a “hold” rating for the company in a research note on Friday, November 1st. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $85.47.

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.