Aptiv slides as post-spin guidance underwhelms despite Q1 EPS beat

Aptiv PLC (APTV) is down 6.4% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears tied to Aptiv’s first-quarter report and, more importantly, investor reactions to the company’s updated outlook for “New Aptiv” after the April spin-off of its Electrical Distribution Systems (EDS) business. Even with adjusted EPS of $1.71, weaker cash generation in the quarter and a full-year adjusted EPS range that looked light versus consensus likely pressured the stock.

Details:

Aptiv posted Q1 2026 revenue of $5.1 billion (+5% year over year) and adjusted EPS of $1.71, but adjusted EBITDA margin fell to 14.8% from 15.7%, reflecting cost and FX headwinds.

The company reported negative free cash flow of $362 million for the quarter, versus positive free cash flow in the year-ago period.

With EDS now treated as discontinued operations beginning April 1, Aptiv issued Q2 guidance for “New Aptiv” adjusted EPS of $1.30–$1.50 on net sales of $3.2–$3.4 billion.

For full-year 2026 (pro forma “New Aptiv”), Aptiv guided adjusted EPS of $5.70–$6.10, which was below the $6.18 analyst consensus cited in market summaries.

Sources:

Aptiv Investor Relations, StreetInsider, Investing.com

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$APTV Insider Trading Activity

$APTV insiders have traded $APTV stock on the open market 6 times in the past 6 months. Of those trades, 1 have been purchases and 5 have been sales.

Here’s a breakdown of recent trading of $APTV stock by insiders over the last 6 months:

VARUN LAROYIA (EVP & Chief Financial Officer) has made 0 purchases and 2 sales selling 19,500 shares for an estimated $1,529,510.
KATHERINE H RAMUNDO (EVP, CLO, CCO & Secretary) has made 0 purchases and 2 sales selling 18,000 shares for an estimated $1,517,000.
SEAN O MAHONEY sold 7,881 shares for an estimated $603,684
HAKAN AGNEVALL purchased 3,700 shares for an estimated $296,917

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API.

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$APTV Hedge Fund Activity

We have seen 334 institutional investors add shares of $APTV stock to their portfolio, and 377 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 17,218,672 shares (-76.5%) from their portfolio in Q4 2025, for an estimated $1,310,168,752
NORGES BANK added 5,594,183 shares (+203.4%) to their portfolio in Q4 2025, for an estimated $425,661,384
BARROW HANLEY MEWHINNEY & STRAUSS LLC removed 3,168,505 shares (-41.9%) from their portfolio in Q4 2025, for an estimated $241,091,545
FRANKLIN RESOURCES INC removed 2,638,302 shares (-76.3%) from their portfolio in Q4 2025, for an estimated $200,748,399
ALLIANCEBERNSTEIN L.P. removed 1,761,135 shares (-48.6%) from their portfolio in Q4 2025, for an estimated $134,004,762
CANADA PENSION PLAN INVESTMENT BOARD removed 1,548,156 shares (-90.1%) from their portfolio in Q4 2025, for an estimated $117,799,190
FMR LLC removed 1,479,302 shares (-28.4%) from their portfolio in Q4 2025, for an estimated $112,560,089

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API.

$APTV Government Contracts

We have seen $118,472 of award payments to $APTV over the last year.

Here are some of the awards which we have have seen pay out the most over the last year:

TORNADO: X86 WINDOWS NT/POWERPC: $42,500
8511679906!ADAPTER: $6,160

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard.

$APTV Analyst Ratings

Wall Street analysts have issued reports on $APTV in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Evercore ISI Group issued a "Outperform" rating on 11/24/2025
RBC Capital issued a "Outperform" rating on 11/19/2025

To track analyst ratings and price targets for $APTV, check out Quiver Quantitative's $APTV forecast page.

$APTV Price Targets

Multiple analysts have issued price targets for $APTV recently. We have seen 12 analysts offer price targets for $APTV in the last 6 months, with a median target of $83.5.

Here are some recent targets:

Ryan Brinkman from JP Morgan set a target price of $83.0 on 04/23/2026
Itay Michaeli from TD Cowen set a target price of $90.0 on 04/15/2026
James Picariello from BNP Paribas set a target price of $83.0 on 04/14/2026
Colin Langan from Wells Fargo set a target price of $81.0 on 04/06/2026
Joseph Spak from UBS set a target price of $80.0 on 04/02/2026
Tom Narayan from RBC Capital set a target price of $81.0 on 03/31/2026
Dan Levy from Barclays set a target price of $77.0 on 03/30/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.