BlackRock Updates Passive Stake in Aptiv PLC (Aptiv)
Ticker: APTV · Form: SC 13G/A · Filed: 2024-02-12T00:00:00.000Z
Sentiment: neutral
Topics: institutional-ownership, passive-investing, amendment, automotive-tech
TL;DR
**BlackRock's still a big, passive holder in Aptiv, nothing wild here.**
AI Summary
BlackRock Inc. filed an amended SC 13G/A on February 12, 2024, updating its ownership in Aptiv PLC as of December 31, 2023. This filing, Amendment No. 8, indicates BlackRock's continued significant, but passive, stake in Aptiv, a major automotive technology company. This matters to investors because BlackRock is a massive institutional investor, and its holdings can signal confidence (or lack thereof) in a company's long-term prospects, even if its stake has slightly changed.
Why It Matters
This filing confirms BlackRock's ongoing, substantial investment in Aptiv, providing a degree of institutional validation for current and prospective shareholders.
Risk Assessment
Risk Level: low — This is a routine update from a passive institutional investor and does not signal any immediate risk or major change in company control.
Analyst Insight
Investors should note that BlackRock maintains a significant, passive stake in Aptiv, suggesting long-term institutional confidence without indicating any immediate strategic changes or activist intentions.
Key Players & Entities
- BlackRock Inc. (company) — the institutional investor filing the SC 13G/A
- Aptiv PLC (company) — the subject company in which BlackRock holds shares
- December 31, 2023 (date) — the date of the event requiring this filing
- February 12, 2024 (date) — the filing date of the SC 13G/A
- Amendment No. 8 (number) — the specific amendment number of this filing
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, as indicated by 'FORM TYPE: SC 13G/A' and 'SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 8)'.
Who is the 'Subject Company' in this filing?
The 'Subject Company' is Aptiv PLC, identified by 'COMPANY CONFORMED NAME: Aptiv PLC' and 'Name of Issuer: APTIV PLC'.
Who is the 'Filed By' entity in this document?
The 'Filed By' entity is BlackRock Inc., as stated under 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc.'.
What is the 'Date of Event Which Requires Filing of this Statement'?
The 'Date of Event Which Requires Filing of this Statement' is December 31, 2023, as explicitly stated in the filing.
What is the 'Title of Class of Securities' reported in this filing?
The 'Title of Class of Securities' is Common Stock, as indicated under 'Title of Class of Securities: Common Stock'.
From the Filing
0001086364-24-006970.txt : 20240212 0001086364-24-006970.hdr.sgml : 20240212 20240212133949 ACCESSION NUMBER: 0001086364-24-006970 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240212 DATE AS OF CHANGE: 20240212 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Aptiv PLC CENTRAL INDEX KEY: 0001521332 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLE PARTS & ACCESSORIES [3714] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 000000000 STATE OF INCORPORATION: Y9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-86500 FILM NUMBER: 24618952 BUSINESS ADDRESS: STREET 1: 5 HANOVER QUAY STREET 2: GRAND CANAL DOCK CITY: DUBLIN STATE: L2 ZIP: D02 VY79 BUSINESS PHONE: 353-1-259-7013 MAIL ADDRESS: STREET 1: 5 HANOVER QUAY STREET 2: GRAND CANAL DOCK CITY: DUBLIN STATE: L2 ZIP: D02 VY79 FORMER COMPANY: FORMER CONFORMED NAME: Delphi Automotive PLC DATE OF NAME CHANGE: 20110520 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc. CENTRAL INDEX KEY: 0001364742 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] ORGANIZATION NAME: 02 Finance IRS NUMBER: 320174431 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 BUSINESS PHONE: 212-810-5300 MAIL ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 FORMER COMPANY: FORMER CONFORMED NAME: BlackRock, Inc. DATE OF NAME CHANGE: 20060929 FORMER COMPANY: FORMER CONFORMED NAME: New BlackRock, Inc. DATE OF NAME CHANGE: 20060601 SC 13G/A 1 je00b783ty65_021224.txt je00b783ty65_021224.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 8) APTIV PLC -------------------------------------------------------- (Name of Issuer) Common Stock -------------------------------------------------------- (Title of Class of Securities) B783TY6 -------------------------------------------------------- (SEDOL Number) December 31, 2023 -------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). SEDOL No. B783TY6 (1)Names of reporting persons. BlackRock, Inc. (2) Check the appropriate box if a member of a group (a) [ ] (b) [X] (3) SEC use only (4) Citizenship or place of organization Delaware Number of shares beneficially owned by each reporting person with: (5) Sole voting power 21208547 (6) Shared voting power 0 (7) Sole dispositive power 23200017 (8) Shared dispositive power 0 (9) Aggregate amount beneficially owned by each reporting person 23200017 (10) Check if the aggregate amount in Row (9) excludes certain shares (11) Percent of class represented by amount in Row 9 9.1% (12) Type of reporting person HC Item 1. Item 1(a) Name of issuer: ----------------------------------------------------------------------- APTIV PLC Item 1(b) Address of issuer's principal executive offices: ----------------------------------------------------------------------- 5 Hanover Quay Grand Canal Dock Dublin Ireland D02 VY79 Item 2. 2(a) Name of person filing: ------------------------------------------------------------------