Aptiv PLC stock is trading -41.77% below its average target price of $128.79 after dropping -3.2% during today's afternoon session. Analysts are giving the large-cap Auto Parts company an average rating of buy and target prices ranging from $82.0 to $156.0 per share.
The stock has a very low short interest at 1.2%, and a short ratio of 1.91. The company's insiders own 0.42% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that a significant number of institutional investors are invested in the stock, with 95.4% of Aptiv PLC's shares being owned by this investor type.
Institutions Invested in Aptiv PLC
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-06-30 | Vanguard Group Inc | 11% | 30,106,231 | $2,257,741,537 |
| 2023-06-30 | Blackrock Inc. | 8% | 22,256,811 | $1,669,093,905 |
| 2023-06-30 | State Street Corporation | 4% | 10,441,884 | $783,062,989 |
| 2023-06-30 | Massachusetts Financial Services Co. | 3% | 8,266,330 | $619,912,755 |
| 2023-06-30 | Alliancebernstein L.P. | 3% | 7,919,985 | $593,939,477 |
| 2023-06-30 | Impax Asset Management Group Plc | 2% | 6,133,380 | $459,957,501 |
| 2023-06-30 | Geode Capital Management, LLC | 2% | 5,734,978 | $430,080,339 |
| 2023-06-30 | Barrow, Hanley Mewhinney & Strauss, LLC | 2% | 5,439,821 | $407,945,778 |
| 2023-06-30 | Capital Research Global Investors | 2% | 5,164,597 | $387,306,042 |
| 2023-06-30 | American Century Companies, Inc. | 2% | 4,984,814 | $373,823,665 |
Besides an analyst consensus of strong upside potential, other market factors point to there being positive market sentiment on Aptiv PLC.
