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
|2023-06-30||Vanguard Group Inc||11%||30,106,231||$2,776,547,108|
|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||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|