Institutions cut holdings in Aptiv despite its earnings beat, stock remains rated "Moderate Buy."

TD Private Client Wealth LLC and other institutions have reduced their holdings in Aptiv PLC, an auto parts company, which recently reported an earnings beat. Aptiv earned $1.75 per share, exceeding the $1.63 consensus estimate. The stock has a market cap of $14.65 billion, a PE ratio of 9.28, and an average "Moderate Buy" rating with a target price of $86.61.