AptivAPTV
Market Cap: 18.7B
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 Q1 SEC filings by fund managers ($100M+ AUM)
2.81% more ownership
Funds ownership: 90.7% [Q4 2023] → 93.5% (+2.81%) [Q1 2024]
1% less call options, than puts
Call options by funds: $187M | Put options by funds: $189M
8% less first-time investments, than exits
New positions opened: 97 | Existing positions closed: 105
9% less repeat investments, than reductions
Existing positions increased: 258 | Existing positions reduced: 284
1% less funds holding
Funds holding: 726 [Q4 2023] → 718 (-8) [Q1 2024]
12% less capital invested
Capital invested by funds: $23B [Q4 2023] → $20.3B (-$2.71B) [Q1 2024]
22% less funds holding in top 10
Funds holding in top 10: 9 [Q4 2023] → 7 (-2) [Q1 2024]
Research analyst outlook
24 Wall Street Analysts provided 1 year price forecasts over the past 6 months
24 analyst ratings
B of A Securities John Murphy | 53%upside $105 | Buy Maintained | 22 Jul 2024 |
JP Morgan Ryan Brinkman | 51%upside $104 | Overweight Maintained | 22 Jul 2024 |
Barclays Dan Levy | 53%upside $105 | Overweight Maintained | 16 Jul 2024 |
Evercore ISI Group Chris McNally | 67%upside $115 | Outperform Maintained | 15 Jul 2024 |
Citigroup Itay Michaeli | 57%upside $108 | Buy Maintained | 12 Jul 2024 |
Financial journalist opinion
Based on 16 articles about APTV published over the past 30 days