Citigroup Inc. Lowers Position in APA Corporation $APA

Citigroup Inc. lowered its stake in shares of APA Corporation (NASDAQ:APA) by 30.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 375,795 shares of the company’s stock after selling 168,223 shares during the period. Citigroup Inc. owned approximately 0.11% of APA worth $9,124,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of APA by 6.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 33,300 shares of the company’s stock worth $700,000 after buying an additional 2,070 shares during the period. NewEdge Advisors LLC raised its holdings in shares of APA by 49.6% in the 1st quarter. NewEdge Advisors LLC now owns 10,785 shares of the company’s stock worth $227,000 after purchasing an additional 3,578 shares during the period. Goldman Sachs Group Inc. lifted its stake in shares of APA by 43.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,668,505 shares of the company’s stock valued at $56,092,000 after purchasing an additional 806,252 shares in the last quarter. Focus Partners Wealth grew its holdings 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 purchasing an additional 4,297 shares during the period. Finally, Teacher Retirement System of Texas grew its holdings in shares of APA by 2.3% during the 2nd quarter. Teacher Retirement System of Texas now owns 55,330 shares of the company’s stock worth $1,012,000 after purchasing an additional 1,245 shares during the period. 83.01% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have weighed in on APA shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of APA in a research report on Monday, December 29th. Wolfe Research raised their target price on shares of APA from $36.00 to $39.00 and gave the company an “outperform” rating in a research note on Thursday. Zacks Research upgraded shares of APA from a “strong sell” rating to a “hold” rating in a report on Thursday. The Goldman Sachs Group increased their price target on APA from $21.00 to $23.00 and gave the company a “sell” rating in a report on Thursday, January 22nd. Finally, Stephens raised their price objective on APA from $23.00 to $24.00 and gave the company an “equal weight” rating in a research report on Tuesday, February 17th. Seven research analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, APA currently has a consensus rating of “Hold” and a consensus target price of $27.39.

Key Headlines Impacting APA

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 Price Performance

Shares of NASDAQ APA opened at $30.37 on Monday. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.61. APA Corporation has a fifty-two week low of $13.58 and a fifty-two week high of $30.42. The business has a 50 day moving average price of $26.28 and a two-hundred day moving average price of $24.58. The firm has a market cap of $10.77 billion, a PE ratio of 7.61, a price-to-earnings-growth ratio of 13.88 and a beta of 0.67.

APA (NASDAQ:APA) last released its earnings results on Wednesday, February 25th. The company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.62 by $0.29. APA had a return on equity of 19.89% and a net margin of 15.55%.The company had revenue of $1.99 billion during the quarter, compared to analysts’ expectations of $1.89 billion. During the same period in the prior year, the business posted $0.79 EPS. The business’s revenue was down 26.6% on a year-over-year basis. Sell-side analysts expect that APA Corporation will post 4.03 earnings per share for the current fiscal year.

APA Dividend Announcement

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 given a $0.25 dividend. The ex-dividend date of this dividend is Wednesday, April 22nd. This represents a $1.00 annualized dividend and a dividend yield of 3.3%. APA’s payout ratio is presently 25.06%.

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.