Analyzing the Reasons Behind APTV's Decline

Aptiv PLC stock is trading -30.96% below its average target price of $101.82 after dropping -5.7% during today's evening session. Analysts are giving the Large-Cap Auto Parts company an average rating of buy and target prices ranging from $62.0 to $145.0 per share.

The stock has an average amount of shares sold short at 2.6%, and a short ratio of 2.36. The company's insiders own 0.35% 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 101.4% of Aptiv PLC's shares being owned by this investor type.

Institutions Invested in Aptiv PLC

Date Reported Holder Percentage Shares Value
2024-03-31 Vanguard Group Inc 12% 31,603,096 $2,221,697,745
2024-03-31 Blackrock Inc. 8% 22,448,032 $1,578,096,718
2024-03-31 Massachusetts Financial Services Co. 4% 11,096,291 $780,069,291
2024-03-31 State Street Corporation 4% 11,017,430 $774,525,362
2024-03-31 Alliancebernstein L.P. 3% 8,172,149 $574,502,099
2024-03-31 Impax Asset Management Group Plc 3% 6,967,885 $489,842,336
2024-03-31 Barrow, Hanley Mewhinney & Strauss, LLC 2% 6,609,643 $464,657,923
2024-03-31 Geode Capital Management, LLC 2% 6,430,177 $452,041,462
2024-03-31 Ubs Asset Management Americas Inc 2% 4,941,840 $347,411,367
2024-03-31 Capital World Investors 2% 4,315,887 $303,406,869

Besides an analyst consensus of strong upside potential, other market factors point to there being mixed market sentiment on Aptiv PLC.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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