APi Group Corporation $APG Shares Bought by Cwm LLC

Cwm LLC lifted its holdings in shares of APi Group Corporation (NYSE:APG) by 14.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,699 shares of the company’s stock after buying an additional 1,818 shares during the quarter. Cwm LLC’s holdings in APi Group were worth $750,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. Vanguard Personalized Indexing Management LLC raised its stake in shares of APi Group by 25.1% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 17,062 shares of the company’s stock worth $871,000 after buying an additional 3,418 shares during the period. Concurrent Investment Advisors LLC acquired a new position in shares of APi Group during the 2nd quarter worth approximately $268,000. Fifth Third Wealth Advisors LLC acquired a new position in shares of APi Group during the 2nd quarter worth approximately $290,000. Ulland Investment Advisors LLC raised its stake in shares of APi Group by 41.5% during the 2nd quarter. Ulland Investment Advisors LLC now owns 1,500 shares of the company’s stock worth $77,000 after buying an additional 440 shares during the period. Finally, Blair William & Co. IL raised its stake in shares of APi Group by 16.5% during the 2nd quarter. Blair William & Co. IL now owns 20,348 shares of the company’s stock worth $1,039,000 after buying an additional 2,887 shares during the period. 86.62% of the stock is owned by institutional investors and hedge funds.

APi Group Price Performance

APG stock opened at $33.66 on Thursday. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.45 and a quick ratio of 1.37. The firm has a market capitalization of $14.00 billion, a P/E ratio of 105.18 and a beta of 1.62. The business’s 50-day moving average is $34.96 and its two-hundred day moving average is $32.22. APi Group Corporation has a 1 year low of $20.50 and a 1 year high of $36.55.

APi Group (NYSE:APG) last posted its quarterly earnings results on Thursday, July 31st. The company reported $0.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.37 by $0.02. The company had revenue of $1.99 billion for the quarter, compared to analyst estimates of $1.88 billion. APi Group had a return on equity of 21.33% and a net margin of 3.35%.APi Group’s revenue for the quarter was up 15.0% compared to the same quarter last year. During the same quarter last year, the company earned $0.49 EPS. APi Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Analysts anticipate that APi Group Corporation will post 1.83 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, Director Martin E. Franklin sold 1,200,000 shares of the firm’s stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $34.64, for a total transaction of $41,568,000.00. Following the sale, the director owned 19,868,790 shares of the company’s stock, valued at approximately $688,254,885.60. This trade represents a 5.70% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director James E. Lillie sold 95,000 shares of the firm’s stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $35.23, for a total value of $3,346,850.00. Following the sale, the director directly owned 7,348,101 shares in the company, valued at $258,873,598.23. This trade represents a 1.28% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 1,789,843 shares of company stock worth $62,262,672 over the last 90 days. Insiders own 17.00% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently commented on the company. Weiss Ratings reiterated a “hold (c+)” rating on shares of APi Group in a research report on Wednesday, October 8th. Wall Street Zen upgraded APi Group from a “hold” rating to a “buy” rating in a research report on Sunday, July 13th. JPMorgan Chase & Co. upgraded APi Group from a “neutral” rating to an “overweight” rating and upped their target price for the company from $31.00 to $42.00 in a report on Tuesday, July 15th. Zacks Research cut APi Group from a “strong-buy” rating to a “hold” rating in a report on Monday, September 15th. Finally, Barclays restated an “overweight” rating and issued a $42.00 target price (up from $40.00) on shares of APi Group in a report on Monday, August 4th. Eight research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $36.10.

About APi Group

APi Group Corporation provides safety and specialty services worldwide. It operates through Safety Services and Specialty Services segments. The Safety Services segment offers solutions focusing on end-to-end integrated occupancy systems, such as fire protection services; heating, ventilation, and air conditioning solutions; and entry systems, which include the design, installation, inspection, and service of these integrated systems.