AptivAPTV
Market Cap: $16.1B
About: Aptiv's signal and power solutions segment supplies components and systems that make up a vehicle's electrical system, including wiring assemblies and harnesses, connectors, electrical centers, and hybrid electrical systems. The advanced safety and user experience segment provides body controls, infotainment and connectivity systems, passive and active safety electronics, advanced driver-assist technologies, and displays, as well as the development of software for these systems. In 2023, Aptiv's top 10 customers accounted for 54% of revenue, all of which were less than 10%. Historically, General Motors, Stellantis, Ford, and Volkswagen, have been the firms largest customers. North America, Europe, and Asia represented approximately 37%, 33%, and 28% of total 2023 revenue, respectively.
Employees: 154,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
18% more call options, than puts
Call options by funds: $152M | Put options by funds: $129M
14% more funds holding in top 10
Funds holding in top 10: 7 [Q1] → 8 (+1) [Q2]
1% more repeat investments, than reductions
Existing positions increased: 277 | Existing positions reduced: 273
8% less first-time investments, than exits
New positions opened: 91 | Existing positions closed: 99
1% less funds holding
Funds holding: 731 [Q1] → 723 (-8) [Q2]
2.27% less ownership
Funds ownership: 94.6% [Q1] → 92.33% (-2.27%) [Q2]
14% less capital invested
Capital invested by funds: $20.5B [Q1] → $17.7B (-$2.85B) [Q2]
Research analyst outlook
17 Wall Street Analysts provided 1 year price targets over the past 3 months
17 analyst ratings
RBC Capital Tom Narayan 50% 1-year accuracy 15 / 30 met price target | 27%upside $87 | Outperform Maintained | 5 Sept 2024 |
RBC Capital Tom Narayan 50% 1-year accuracy 15 / 30 met price target | 24%upside $85 | Outperform Maintained | 14 Aug 2024 |
Morgan Stanley Adam Jonas 49% 1-year accuracy 30 / 61 met price target | 2%upside $70 | Underweight Maintained | 14 Aug 2024 |
Barclays Dan Levy 24% 1-year accuracy 8 / 34 met price target | 46%upside $100 | Overweight Maintained | 5 Aug 2024 |
JP Morgan Ryan Brinkman 41% 1-year accuracy 14 / 34 met price target | 52%upside $104 | Overweight Maintained | 5 Aug 2024 |
Financial journalist opinion
Based on 6 articles about APTV published over the past 30 days