APA (NASDAQ:APA – Free Report) had its target price raised by Stephens from $24.00 to $45.00 in a report released on Tuesday morning,MarketScreener reports. They currently have an equal weight rating on the stock.
Other research analysts have also recently issued reports about the company. Barclays raised APA from an “underweight” rating to an “equal weight” rating and set a $35.00 price objective on the stock in a research note on Monday, March 23rd. Piper Sandler increased their target price on APA from $30.00 to $37.00 and gave the company a “neutral” rating in a report on Thursday, March 12th. JPMorgan Chase & Co. raised their price target on APA from $29.00 to $38.00 and gave the stock a “neutral” rating in a research report on Friday, March 20th. TD Cowen raised APA to a “hold” rating in a research note on Monday, February 9th. Finally, Evercore boosted their price objective on APA from $25.00 to $40.00 and gave the company a “neutral” rating in a research report on Tuesday, March 24th. Seven research analysts have rated the stock with a Buy rating, twenty have assigned a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $35.38.
Get Our Latest Stock Analysis on APA
APA Price Performance
APA (NASDAQ:APA – Get Free Report) last issued its earnings results on Wednesday, February 25th. The company reported $0.91 EPS for the quarter, topping analysts’ consensus estimates of $0.62 by $0.29. The company had revenue of $1.99 billion for the quarter, compared to analysts’ expectations of $1.89 billion. APA had a net margin of 15.55% and a return on equity of 19.89%. The firm’s revenue was down 26.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.79 EPS. Equities research analysts expect that APA will post 4.03 EPS for the current year.
APA Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, May 22nd. Stockholders of record on Wednesday, April 22nd will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Wednesday, April 22nd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.4%. APA’s payout ratio is presently 25.06%.
Insider Activity
In related news, Director Matthew Regis Bob sold 23,000 shares of the business’s stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $36.23, for a total transaction of $833,290.00. Following the transaction, the director owned 6,634 shares in the company, valued at $240,349.82. The trade was a 77.61% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.69% of the stock is owned by corporate insiders.
Institutional Trading of APA
Several institutional investors and hedge funds have recently bought and sold shares of the stock. Deseret Mutual Benefit Administrators boosted its position in APA by 276.7% during the 3rd quarter. Deseret Mutual Benefit Administrators now owns 1,213 shares of the company’s stock valued at $29,000 after acquiring an additional 891 shares in the last quarter. Summit Securities Group LLC grew its holdings 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 worth $32,000 after acquiring an additional 710 shares during the period. Atlantic Union Bankshares Corp purchased a new position in shares of APA during the 3rd quarter worth approximately $34,000. Spire Wealth Management raised its position in shares of APA by 179.6% in the 3rd quarter. Spire Wealth Management now owns 1,521 shares of the company’s stock worth $37,000 after acquiring an additional 977 shares in the last quarter. Finally, Camelot Portfolios LLC bought a new position in shares of APA in the 4th quarter worth approximately $37,000. 83.01% of the stock is currently owned by hedge funds and other institutional investors.
Key Headlines Impacting APA
Here are the key news stories impacting APA this week:
- Positive Sentiment: Zacks Research has raised multiple near‑term and full‑year EPS forecasts for APA (several quarterly upgrades and higher FY2026/FY2027 estimates), signaling modestly improved earnings outlooks though the firm retains a “Hold” rating; consensus FY estimate remains near $4.03. Zacks/MarketBeat coverage
- Positive Sentiment: Stephens published a bullish note forecasting strong price appreciation for APA, which supports upside sentiment among growth‑oriented investors. Stephens Forecasts Strong Price Appreciation for APA
- Positive Sentiment: Analysis on APA’s focus in Suriname Block 58 and its digital/workforce investments highlights a potentially low‑cost, large offshore development that can materially improve long‑term asset value and free‑cash‑flow visibility. How APA’s Suriname Block 58 Focus and Digital Push Has Changed Its Investment Story
- Neutral Sentiment: Additional analyst commentary and FY2028 earnings expectation pieces have been circulated (summary/expectations coverage). These provide context but are not materially different from recent consensus estimates. Equities Analysts Set Expectations for APA FY2028 Earnings
- Negative Sentiment: Commodity pressure: APA previously slid after crude oil softened on hopes of de‑escalation in the Iran conflict, showing the stock’s sensitivity to short‑term oil moves. That piece also flags recent insider selling and large institutional portfolio rebalances (significant reductions by some managers), plus several sell/underweight analyst stances and a median price target below current levels — all potential headwinds. APA slides as crude oil pulls back
About APA
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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