Aptiv Plc Stock Price, News & Analysis

Aptiv PLC (NYSE: APTV) has acquired an 85% stake in Intercable Automotive Solutions for €595 million, enhancing its vehicle architecture systems. This acquisition is set to be accretive to earnings per share starting 2023. The deal allows Intercable to leverage Aptiv's global reach, expanding its market influence while operating as a separate unit within Aptiv's Signal & Power Solutions segment. CEO Kevin Clark emphasizes the strategic importance of this acquisition in optimizing high voltage architecture solutions.

Aptiv PLC (NYSE: APTV) announced its presentation at the Barclays Global Automotive and Mobility Tech Conference on December 1 at 8:40 a.m. Eastern Time. The event will be available via a simultaneous webcast on the Aptiv Investor Relations website. Aptiv is a global technology company focused on creating safer, greener, and more connected mobility solutions. For more details, visit aptiv.com.

Aptiv PLC (NYSE: APTV) announced a quarterly cash dividend of $1.375 per share on its 5.50% Series A Mandatory Convertible Preferred Shares. This dividend is payable on December 15, 2022, to shareholders who are on record by December 1, 2022. This decision reflects the company's commitment to returning value to its shareholders while focusing on sustainable mobility solutions.

Aptiv PLC (NYSE: APTV) reported strong third-quarter 2022 results with U.S. GAAP revenue of $4.6 billion, a 26% increase year-over-year. Excluding special items, diluted earnings per share reached $1.28. Year-to-date revenue stands at $12.8 billion, up 12%, with net income of $298 million. The adjusted operating income margin improved to 11.4% in Q3 due to increased vehicle production. The full-year 2022 guidance expects net sales between $17 billion and $17.3 billion.

Aptiv PLC (NYSE: APTV) is set to release its third quarter 2022 financial results on November 3, at 8:00 a.m. EDT. The investor call will be led by Kevin Clark, Chairman and CEO, alongside Joseph Massaro, CFO. The event will be accessible via live webcast, with a replay available two hours after. Aptiv focuses on developing advanced mobility solutions aimed at ensuring a safer and more sustainable future. For further details, visit Aptiv Investor Relations.

Aptiv PLC (NYSE: APTV) announced a definitive agreement to acquire an 85% stake in Intercable Automotive Solutions for €595 million. Intercable, based in Italy, specializes in high-voltage power distribution and connection technologies, projected to generate €250 million in 2022 sales. The acquisition strengthens Aptiv's Signal & Power Solutions segment and enhances its position as a supplier for electric vehicle manufacturers. The transaction is expected to close by year-end 2022 and is projected to be accretive to EPS in 2023.

Aptiv PLC (NYSE: APTV), a leading global technology company focused on transforming mobility, will present at the Morgan Stanley 10th Annual Laguna Conference on September 14 at 2:35 PM Pacific Time. The presentation aims to highlight Aptiv's commitment to creating safer, greener, and more connected mobility solutions. Investors can access a simultaneous webcast on the Aptiv Investor Relations website. For more information about Aptiv's innovative technologies, visit their official website.

Aptiv PLC (NYSE: APTV) announced a quarterly cash dividend of $1.375 per share on its 5.50% Series A Mandatory Convertible Preferred Shares. This dividend is payable on September 15, 2022, to shareholders of record at the close of business on September 1, 2022. The declaration reflects Aptiv's commitment to returning value to its shareholders while focusing on developing safer and greener mobility solutions.

Aptiv PLC reported a second quarter 2022 U.S. GAAP loss of $0.23 per diluted share, with revenue of $4.1 billion, a 7% year-over-year increase. Adjusted earnings per share were $0.22. The company faced challenges from inflation, COVID-19 lockdowns in China, and semiconductor shortages, impacting operating income margins. Despite these hurdles, Aptiv achieved record bookings of $14 billion, showcasing growth in vehicle electrification. For the year-to-date, revenue reached $8.2 billion, with net income of $12 million. Full-year guidance projects net sales between $17,000 and $17,300 million.