Exxonmobil Investment Management Inc. TX bought a new stake in shares of Aptiv PLC (NYSE:APTV) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 42,270 shares of the auto parts company’s stock, valued at approximately $3,586,000.
Aptiv PLC (NYSE:APTV) traded down $1.59 on Friday, reaching $94.21. 2,544,804 shares of the company’s stock traded hands, compared to its average volume of 1,860,000. The company has a quick ratio of 1.22, a current ratio of 1.59 and a debt-to-equity ratio of 1.17. The firm has a market cap of $25,040.00, a PE ratio of 25.53, a PEG ratio of 1.68 and a beta of 1.48. Aptiv PLC has a 52-week low of $73.00 and a 52-week high of $96.91.
Aptiv (NYSE:APTV) last posted its quarterly earnings data on Thursday, February 1st. The auto parts company reported $1.28 earnings per share for the quarter, missing the consensus estimate of $1.33 by ($0.05). The company had revenue of $3.44 billion during the quarter, compared to analyst estimates of $3.31 billion. Aptiv had a net margin of 8.27% and a return on equity of 50.01%. The company’s revenue was up 7.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.83 EPS. sell-side analysts expect that Aptiv PLC will post 5.12 EPS for the current fiscal year.
The firm also recently announced a Not Available dividend, which will be paid on Wednesday, February 14th. Stockholders of record on Monday, February 5th will be paid a $0.22 dividend. The ex-dividend date of this dividend is Friday, February 2nd. Aptiv’s dividend payout ratio (DPR) is presently 40.38%.
In other Aptiv news, Director Bernd Wiedemann sold 17,000 shares of Aptiv stock in a transaction that occurred on Tuesday, November 28th. The shares were sold at an average price of $101.54, for a total value of $1,726,180.00. Following the transaction, the director now owns 7,975 shares of the company’s stock, valued at $809,781.50. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Frank J. Dellaquila purchased 1,000 shares of the business’s stock in a transaction on Friday, December 15th. The stock was bought at an average cost of $83.88 per share, for a total transaction of $83,880.00. The disclosure for this purchase can be found here. 0.31% of the stock is currently owned by company insiders.
A number of research firms have recently issued reports on APTV. BMO Capital Markets cut their price target on shares of Aptiv to $96.00 and set an “outperform” rating on the stock in a report on Tuesday, January 2nd. They noted that the move was a valuation call. Robert W. Baird reiterated a “buy” rating on shares of Aptiv in a research note on Friday. UBS Group initiated coverage on shares of Aptiv in a research note on Wednesday, December 6th. They set a “neutral” rating on the stock. Guggenheim restated a “buy” rating and set a $104.00 price target on shares of Aptiv in a research note on Wednesday, January 10th. Finally, Piper Jaffray Companies increased their price target on shares of Aptiv from $105.00 to $108.00 and gave the stock an “overweight” rating in a research note on Friday. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $96.48.
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Aptiv Company Profile
Aptiv PLC, formerly Delphi Automotive PLC, is a global technology company serving the automotive sector. The Company designs and manufactures vehicle components, and provides electrical and electronic and active safety technology solutions to the global automotive and commercial vehicle markets. The Company’s segments include Electrical/Electronic Architecture, and Electronics & Safety.
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