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APTV Aptiv

Aptiv is a global technology company that develops safer, greener and more connected solutions enabling the future of mobility.

Company profile

Ticker
APTV, APTV-PA
Exchange
Website
CEO
Kevin P. Clark
Employees
Incorporated
Location
Fiscal year end
Former names
Delphi Automotive PLC
SEC CIK
Subsidiaries
A.E. Enterprises, LLC • Alambrados y Circuitos Eléctricos, S. de R.L. de C.V. • Antaya Technologies Asia Ltd. • Antaya Technologies Corp. • Aptiv (China) Holding Company Limited • Aptiv (China) Technology Company Limited • Aptiv (Shanghai) International Management Company Ltd. • Aptiv (UK) Holdings Limited • Aptiv Asia Pacific Holdings • Aptiv China Holdings (US) LLC ...

APTV stock data

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Calendar

5 Aug 21
24 Oct 21
31 Dec 21
Quarter (USD)
Jun 21 Mar 21 Dec 20 Sep 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD)
Dec 20 Dec 19 Dec 18 Feb 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from Aptiv earnings reports.

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
14 Oct 21 Kevin P Clark Ordinary Shares Sell Dispose S Yes Yes 167.48 2,530 423.72K 672,406
14 Oct 21 Kevin P Clark Ordinary Shares Sell Dispose S Yes Yes 166.71 2,510 418.44K 674,936
14 Oct 21 Kevin P Clark Ordinary Shares Sell Dispose S Yes Yes 165.68 790 130.89K 677,446
13 Oct 21 Kevin P Clark Ordinary Shares Sell Dispose S Yes Yes 164.57 2,930 482.19K 678,236
13 Oct 21 Kevin P Clark Ordinary Shares Sell Dispose S Yes Yes 163.62 1,400 229.07K 681,166
13 Oct 21 Kevin P Clark Ordinary Share Sell Dispose S Yes Yes 162.38 800 129.9K 682,566
13 Oct 21 Kevin P Clark Ordinary Shares Sell Dispose S Yes Yes 161.24 700 112.87K 683,366
16 Sep 21 Kevin P Clark Ordinary Shares Sell Dispose S Yes Yes 152.2 100 15.22K 684,066
16 Sep 21 Kevin P Clark Ordinary Shares Sell Dispose S Yes Yes 151.18 200 30.24K 684,166
16 Sep 21 Kevin P Clark Ordinary Shares Sell Dispose S Yes Yes 149.96 803 120.42K 684,366

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

88.9% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 687 691 -0.6%
Opened positions 85 111 -23.4%
Closed positions 89 67 +32.8%
Increased positions 278 255 +9.0%
Reduced positions 230 232 -0.9%
13F shares
Current Prev Q Change
Total value 37.85B 33.14B +14.2%
Total shares 240.58M 240.3M +0.1%
Total puts 1.05M 940.8K +11.1%
Total calls 753.7K 676.13K +11.5%
Total put/call ratio 1.4 1.4 -0.3%
Largest owners
Shares Value Change
Vanguard 28.15M $4.43B -0.3%
BLK Blackrock 19.89M $3.13B -3.7%
TROW T. Rowe Price 16.75M $2.64B -8.0%
STT State Street 10.5M $1.65B +0.3%
Alliancebernstein 8.11M $1.28B +5.2%
Capital Research Global Investors 7.93M $1.25B +3.5%
Artisan Partners Limited Partnership 6.21M $976.76M -2.6%
Clearbridge Advisors 6.04M $949.88M +2.3%
American Century Companies 5.91M $929.99M -15.2%
Sands Capital Management 5.31M $834.81M +6.4%
Largest transactions
Shares Bought/sold Change
MCQEF Macquarie 1.55M +1.54M +17807.2%
Amundi 1.51M +1.51M NEW
TROW T. Rowe Price 16.75M -1.45M -8.0%
WDR Waddell & Reed Financial 0 -1.33M EXIT
Capital World Investors 1.28M +1.28M NEW
Amundi Pioneer Asset Management 0 -1.08M EXIT
American Century Companies 5.91M -1.06M -15.2%
BEN Franklin Resources 2.24M -838.53K -27.2%
BLK Blackrock 19.89M -758.33K -3.7%
CS Credit Suisse 0 -548.14K EXIT

Financial report summary

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Risks
  • The extent to which the novel coronavirus (COVID-19) pandemic and measures taken in response thereto impact our business, financial condition, results of operations and cash flows will depend on future developments, which are highly uncertain and difficult to predict.
  • The cyclical nature of automotive sales and production can adversely affect our business.
  • A prolonged economic downturn or economic uncertainty could adversely affect our business and cause us to require additional sources of financing, which may not be available.
  • A drop in the market share and changes in product mix offered by our customers can impact our revenues.
  • We operate in the highly competitive automotive technology and component supply industry, and are dependent on the acceptance of new product introductions for continued growth.
  • If we do not respond appropriately, the evolution of the automotive industry towards autonomous vehicles and mobility on demand services could adversely affect our business.
  • We have invested substantial resources in markets and technologies where we expect growth and we may be unable to timely alter our strategies should such expectations not be realized.
  • We may not be able to respond quickly enough to changes in regulations, technology and technological risks, and to develop our intellectual property into commercially viable products.
  • Certain of our businesses rely on relationships with collaborative partners and other third-parties for development of certain products and potential products, and such collaborative partners or other third-parties could fail to perform sufficiently.
  • Declines in the market share or business of our five largest customers may adversely impact our revenues and profitability.
  • Our business in China is subject to aggressive competition and is sensitive to economic and market conditions.
  • We may not realize sales represented by awarded business.
  • Continued pricing pressures, OEM cost reduction initiatives and the ability of OEMs to re-source or cancel vehicle programs may result in lower than anticipated margins, or losses, which may have a significant negative impact on our business.
  • Our supply agreements with our OEM customers are generally requirements contracts, and a decline in the production requirements of any of our customers, and in particular our largest customers, could adversely impact our revenues and profitability.
  • Adverse developments affecting one or more of our suppliers could harm our profitability.
  • The loss of business with respect to, or the lack of commercial success of, a vehicle model for which we are a significant supplier could adversely affect our financial performance.
  • Increases in costs of the materials and other supplies that we use in our products may have a negative impact on our business.
  • Our hedging activities to address commodity price fluctuations may not be successful in offsetting future increases in those costs or may reduce or eliminate the benefits of any decreases in those costs.
  • We may encounter manufacturing challenges.
  • Changes in factors that impact the determination of our non-U.S. pension liabilities may adversely affect us.
  • We may suffer future asset impairment and other restructuring charges, including write downs of long-lived assets, goodwill, or intangible assets.
  • Employee strikes and labor-related disruptions involving us or one or more of our customers or suppliers may adversely affect our operations.
  • We are exposed to foreign currency fluctuations as a result of our substantial global operations, which may affect our financial results.
  • We face risks associated with doing business in various national and local jurisdictions.
  • The United Kingdom’s exit from the European Union may adversely affect our business and profitability.
  • If we fail to manage our growth effectively or to integrate successfully any new or future business ventures, acquisitions or strategic alliance into our business, our business could be materially adversely harmed.
  • We depend on information technology to conduct our business. Any significant disruptions to our information technology systems or facilities, or those of third parties with which we do business, such as disruptions caused by cyber-attacks, could adversely impact our business.
  • We may incur material losses and costs as a result of warranty claims, product recalls, product liability and intellectual property infringement actions that may be brought against us.
  • We may be adversely affected by laws or regulations, including environmental regulation, litigation or other liabilities.
  • We may identify the need for additional environmental remediation or demolition obligations relating to facility divestiture, closure and decommissioning activities.
  • We are involved from time to time in legal proceedings and commercial or contractual disputes, which could have an adverse impact on our profitability and consolidated financial position.
  • Developments or assertions by us or against us relating to intellectual property rights could materially impact our business.
  • Taxing authorities could challenge our historical and future tax positions.
  • Any changes in consumer credit availability or cost of borrowing could adversely affect our business.
  • We may lose or fail to attract and retain key salaried employees and management personnel.
Management Discussion
  • Below is a summary of our total net sales for the years ended December 31, 2020 versus 2019.
  • Total net sales for the year ended December 31, 2020 decreased 9% compared to the year ended December 31, 2019. Our overall volumes decreased 7% for the period, primarily due to the impacts of the COVID-19 pandemic, which also resulted in global vehicle production declines of 16% (19% on an AWM basis) over the same period. The adverse impacts to Aptiv of the pandemic, which primarily affected us in the first half of 2020, included extended work stoppages and travel restrictions at our facilities and those of our customers and suppliers, decreases in consumer demand and vehicle production schedules, disruptions to our supply chain and other adverse global economic impacts, particularly those resulting from temporary governmental “lock-down” orders for all non-essential activities, initially in the first quarter in China and subsequently in Europe, North America and South America. Adverse impacts of the COVID-19 pandemic from the first half of 2020 were partially offset by increased consumer demand and vehicle production schedules in the second half of 2020, particularly in the fourth quarter. Our total net sales also reflect contractual price reductions. Volume declines were partially offset by increased net sales of $86 million as a result of the acquisition of gabocom in late 2019 and favorable foreign currency impacts, primarily related to the Euro and Chinese Yuan Renminbi. Refer to Note 20. Acquisitions and Divestitures to the audited consolidated financial statements included herein for further detail of our business acquisitions.
  • Cost of sales is primarily comprised of material, labor, manufacturing overhead, freight, fluctuations in foreign currency exchange rates, product engineering, design and development expenses, depreciation and amortization, warranty costs and other operating expenses. Gross margin is revenue less cost of sales and gross margin percentage is gross margin as a percentage of net sales.
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New words: AB, behalf, bullet, Certification, compensatory, duly, entirety, Exhibit, Eye, fee, gas, greenhouse, herewith, Inline, interactive, Joseph, Label, Linkbase, Massaro, onset, Overnight, page, President, refinanced, registrant, Schema, SOFR, Stockholm, Taxonomy, thereunto, unavailability, undersigned, Vice, workplace, XBRL
Removed: earlier, funding, preserve, Relief, repayment, satisfaction, suspended