APA (NASDAQ:APA – Free Report) had its price target increased by Citigroup from $25.00 to $45.00 in a research note released on Monday morning,Benzinga reports. The firm currently has a neutral rating on the stock.
A number of other research firms have also weighed in on APA. TD Cowen raised APA to a “hold” rating in a research report on Monday, February 9th. Piper Sandler boosted their target price on APA from $30.00 to $37.00 and gave the stock a “neutral” rating in a research note on Thursday, March 12th. Barclays upgraded APA from an “underweight” rating to an “equal weight” rating and set a $35.00 price target on the stock in a report on Monday, March 23rd. Jefferies Financial Group increased their price target on APA from $22.00 to $26.00 in a research report on Monday, March 9th. Finally, Roth Mkm lifted their price objective on APA from $23.00 to $27.00 and gave the company a “neutral” rating in a research note on Thursday, February 26th. Seven equities research analysts have rated the stock with a Buy rating, twenty have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $35.38.
View Our Latest Stock Report on APA
APA Trading Down 2.6%
APA (NASDAQ:APA – Get Free Report) last announced its earnings results on Wednesday, February 25th. The company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.62 by $0.29. The firm had revenue of $1.99 billion for the quarter, compared to the consensus estimate of $1.89 billion. APA had a net margin of 15.55% and a return on equity of 19.89%. The firm’s revenue for the quarter was down 26.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.79 EPS. Equities research analysts anticipate that APA will post 4.03 EPS for the current fiscal year.
APA Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, May 22nd. Investors of record on Wednesday, April 22nd will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Wednesday, April 22nd. APA’s dividend payout ratio is 25.06%.
Insiders Place Their Bets
In other APA news, Director Matthew Regis Bob sold 23,000 shares of APA stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $36.23, for a total transaction of $833,290.00. Following the completion of the sale, the director directly owned 6,634 shares of the company’s stock, valued at $240,349.82. The trade was a 77.61% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.69% of the stock is currently owned by corporate insiders.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in APA by 6.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 33,300 shares of the company’s stock valued at $700,000 after purchasing an additional 2,070 shares in the last quarter. NewEdge Advisors LLC increased its stake in APA by 49.6% in the first quarter. NewEdge Advisors LLC now owns 10,785 shares of the company’s stock valued at $227,000 after purchasing an additional 3,578 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in APA by 43.3% during the first quarter. Goldman Sachs Group Inc. now owns 2,668,505 shares of the company’s stock worth $56,092,000 after purchasing an additional 806,252 shares in the last quarter. Focus Partners Wealth lifted its position in shares of APA by 10.6% during the 1st quarter. Focus Partners Wealth now owns 44,833 shares of the company’s stock worth $942,000 after buying an additional 4,297 shares during the last quarter. Finally, Cetera Investment Advisers lifted its position in shares of APA by 8.2% during the 2nd quarter. Cetera Investment Advisers now owns 71,493 shares of the company’s stock worth $1,308,000 after buying an additional 5,439 shares during the last quarter. Hedge funds and other institutional investors own 83.01% of the company’s stock.
APA News Roundup
Here are the key news stories impacting APA this week:
- Positive Sentiment: Renewed investor interest in APA’s large, low‑cost Suriname Block 58 and the company’s digital/workforce technology push — a longer‑term production and margin story that can support higher future cash flows. How APA’s Suriname Block 58 Focus and Digital Push At APA (APA) Has Changed Its Investment Story
- Positive Sentiment: Multiple Zacks Research upgrades to near‑term and FY2026–FY2028 EPS estimates show analysts nudging earnings forecasts higher, which supports the company’s fundamental outlook (Zacks maintains a Hold).
- Positive Sentiment: Stephens sharply raised its price target from $24 to $45 while keeping an Equal Weight rating — a clear vote of confidence that can attract buyers and help limit downside. Stephens adjusts price target on APA to $45
- Positive Sentiment: APA’s renewable/solar arm is expanding manufacturing capacity in Northwest Ohio — a diversification effort that can provide optionality beyond upstream oil & gas. APA Solar expands manufacturing campus in Northwest Ohio
- Neutral Sentiment: Valuation and liquidity context: APA’s P/E (~10.4) and improved trailing profitability (reported EPS beats last quarter) keep the stock in investors’ value/energy rotation despite volatility; median analyst target remains below current levels, reflecting mixed views.
- Negative Sentiment: Commodity shock: oil prices eased toward ~$100/bbl on hopes the Iran war could wind down, removing a recent “war premium.” That direct drop in crude undercuts realized pricing and near‑term free cash flow for APA and was the dominant proximate cause of today’s weakness. APA slides as crude oil pulls back
- Negative Sentiment: Selling pressure risks: recent insider and large institutional reductions (notable funds trimmed positions) plus a cluster of Underweight/Sell analyst ratings increase downside risk if oil prices normalize — these flows can amplify down‑oil trading days. Institutional & insider activity and analyst coverage
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.
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