This afternoon we watched Aptiv PLC drop -6.0% to a price of $78.73 per share. The large-cap Auto Parts company is now trading -24.6% below its average target price of $104.41. Analysts have set target prices ranging from $58.0 to $148.0 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 2.1%. The stock's short ratio is 1.65. The company's insiders own 0.43% 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 100.8%. In conclusion, we believe there is mixed market sentiment regarding Aptiv PLC.
Institutions Invested in Aptiv PLC
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-09-30 | Vanguard Group Inc | 12% | 31,372,005 | $2,469,918,058 |
| 2023-09-30 | Blackrock Inc. | 8% | 22,463,933 | $1,768,585,520 |
| 2023-09-30 | State Street Corporation | 4% | 10,723,352 | $844,249,538 |
| 2023-12-31 | Massachusetts Financial Services Co. | 4% | 9,520,838 | $749,575,607 |
| 2023-09-30 | Alliancebernstein L.P. | 3% | 7,912,374 | $622,941,231 |
| 2023-12-31 | Impax Asset Management Group Plc | 3% | 7,273,382 | $572,633,389 |
| 2023-09-30 | Geode Capital Management, LLC | 2% | 6,050,985 | $476,394,069 |
| 2023-12-31 | Barrow, Hanley Mewhinney & Strauss, LLC | 2% | 5,932,213 | $467,043,149 |
| 2023-09-30 | Capital Research Global Investors | 2% | 5,166,666 | $406,771,631 |
| 2023-09-30 | Ubs Asset Management Americas Inc | 2% | 4,827,869 | $380,098,142 |
