An Auto Supplier Is Breaking Up. It’s the Latest in a Hot Wall Street Trend. - Barron's

1. Aptiv plans to split into two companies focusing on electrical systems and technology. 2. The electrical business generated $800 million EBITDA in 2024; tech generated $2.3 billion. 3. Breakups in the industry have historically led to substantial stock value increases. 4. Aptiv shares traded at 9.3 times estimated 2025 earnings; potential revaluation may reach 90%. 5. Aptiv stock is down 21% over the past year amid EV demand challenges.