APA (NASDAQ:APA) Price Target Raised to $29.00 at JPMorgan Chase & Co.

APA (NASDAQ:APA) had its target price lifted by JPMorgan Chase & Co. from $25.00 to $29.00 in a research report released on Friday morning,MarketScreener reports. They currently have a neutral rating on the stock.

Several other equities analysts have also recently weighed in on the company. Susquehanna raised their price target on APA from $30.00 to $32.00 and gave the company a “positive” rating in a report on Wednesday, November 12th. Mizuho lifted their price target on shares of APA from $20.00 to $22.00 and gave the company an “underperform” rating in a research note on Friday, December 12th. Evercore cut their price objective on shares of APA from $21.00 to $16.00 in a report on Tuesday, November 4th. Zacks Research downgraded shares of APA from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 20th. Finally, UBS Group lifted their target price on shares of APA from $26.00 to $30.00 and gave the stock a “neutral” rating in a research note on Friday, December 12th. Seven equities research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat, APA has an average rating of “Hold” and an average target price of $27.39.

APA Trading Up 4.4%

APA stock traded up $1.27 during mid-day trading on Friday, reaching $30.37. 8,704,381 shares of the company traded hands, compared to its average volume of 6,744,535. The firm has a market capitalization of $10.77 billion, a price-to-earnings ratio of 7.61, a P/E/G ratio of 13.30 and a beta of 0.74. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.78 and a quick ratio of 0.78. The firm’s 50 day moving average price is $26.28 and its 200 day moving average price is $24.53. APA has a 52-week low of $13.58 and a 52-week high of $30.42.

APA (NASDAQ:APA) last issued its earnings results on Wednesday, February 25th. The company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.62 by $0.29. The business had revenue of $1.99 billion during the quarter, compared to analysts’ expectations of $1.89 billion. APA had a net margin of 15.55% and a return on equity of 20.08%. The business’s revenue for the quarter was down 26.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.79 earnings per share. On average, analysts anticipate that APA will post 4.03 earnings per share for the current fiscal year.

APA Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 22nd. Stockholders of record on Wednesday, April 22nd will be issued a $0.25 dividend. The ex-dividend date is Wednesday, April 22nd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.3%. APA’s dividend payout ratio is presently 25.06%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Deseret Mutual Benefit Administrators boosted its position in APA by 276.7% during the third quarter. Deseret Mutual Benefit Administrators now owns 1,213 shares of the company’s stock worth $29,000 after purchasing an additional 891 shares in the last quarter. Summit Securities Group LLC increased its stake in shares of APA by 115.1% during the 4th quarter. Summit Securities Group LLC now owns 1,327 shares of the company’s stock valued at $32,000 after acquiring an additional 710 shares during the last quarter. Atlantic Union Bankshares Corp acquired a new position in APA in the third quarter valued at $34,000. Spire Wealth Management grew its holdings in shares of APA by 179.6% during the 3rd quarter. Spire Wealth Management now owns 1,521 shares of the company’s stock worth $37,000 after purchasing an additional 977 shares during the period. Finally, Camelot Portfolios LLC purchased a new position in APA in the fourth quarter valued at about $37,000. 83.01% of the stock is currently owned by institutional investors and hedge funds.

Key APA News

Here are the key news stories impacting APA this week:

• Positive Sentiment: Q4 results and free cash flow beat — APA reported better‑than‑expected EPS and revenue and highlighted robust free cash flow and disciplined capital allocation, supporting the rally. APA beats quarterly profit estimates
• Positive Sentiment: Strategic capital plan & cost savings — Management signaled a $2.1B 2026 capital plan and is targeting roughly $450M in annual cost savings, which improves free cash flow outlook and supports share gains. APA signals $2.1B capital plan
• Positive Sentiment: Bullish analyst move — Wolfe Research raised its price target to $39 and kept an “outperform” rating, implying material upside and likely helping buying interest. Wolfe raises PT to $39
• Neutral Sentiment: Major bank neutral adjustments — Roth MKM and JPMorgan raised targets to $27 and $29 respectively but maintained neutral ratings, narrowing upside and signaling mixed conviction. Roth raises PT to $27 JPMorgan raises PT to $29
• Negative Sentiment: Some analysts still see downside — Mizuho and Evercore raised price targets but keep below‑current valuations (to $24 and $25) with underperform/in‑line stances, which likely caps gains for investors focused on downside risk. Mizuho adjusts PT to $24 Evercore adjusts PT to $25

APA Company Profile

APA Corporation (NASDAQ: APA) is an independent exploration and production company engaged in the acquisition, development and production of oil and natural gas resources. The company operates through three core regions: the United States, Egypt and the North Sea. Through its integrated approach, APA combines geological and geophysical expertise with technical innovation to identify and develop hydrocarbons in both onshore and offshore settings.

In the United States, APA’s largest position is in the Permian Basin of West Texas and southeastern New Mexico, where it holds substantial acreage dedicated to oil-focused drilling and production.