This afternoon we watched Aptiv PLC drop -4.5% to a price of $92.22 per share. The large-cap Auto Parts company is now trading -28.0% below its average target price of $128.09. Analysts have set target prices ranging from $82.0 to $156.0 per share for Aptiv PLC, and have given the stock an average rating of buy.
Aptiv PLC's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 1.3%. The stock's short ratio is 1.83. The company's insiders own 0.42% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 95.4%. In conclusion, we believe there is positive market sentiment regarding Aptiv PLC.
Institutions Invested in Aptiv PLC
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-06-30 | Vanguard Group Inc | 11% | 30,106,231 | $2,776,547,108 |
| 2023-06-30 | Blackrock Inc. | 8% | 22,256,811 | $2,052,634,360 |
| 2023-06-30 | State Street Corporation | 4% | 10,441,884 | $963,002,735 |
| 2023-06-30 | Massachusetts Financial Services Co. | 3% | 8,266,330 | $762,362,271 |
| 2023-06-30 | Alliancebernstein L.P. | 3% | 7,919,985 | $730,420,604 |
| 2023-06-30 | Impax Asset Management Group Plc | 2% | 6,133,380 | $565,650,961 |
| 2023-06-30 | Geode Capital Management, LLC | 2% | 5,734,978 | $528,908,337 |
| 2023-06-30 | Barrow, Hanley Mewhinney & Strauss, LLC | 2% | 5,439,821 | $501,687,483 |
| 2023-06-30 | Capital Research Global Investors | 2% | 5,164,597 | $476,304,950 |
| 2023-06-30 | American Century Companies, Inc. | 2% | 4,984,814 | $459,724,463 |
