Contravisory Investment Management Inc. Purchases 39,263 Shares of APA Corporation $APA

Contravisory Investment Management Inc. increased its position in APA Corporation (NASDAQ:APA) by 1,054.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 42,985 shares of the company’s stock after buying an additional 39,263 shares during the period. Contravisory Investment Management Inc.’s holdings in APA were worth $1,051,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of APA by 6.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 33,300 shares of the company’s stock worth $700,000 after acquiring an additional 2,070 shares in the last quarter. NewEdge Advisors LLC boosted its position in shares of APA by 49.6% during the 1st quarter. NewEdge Advisors LLC now owns 10,785 shares of the company’s stock valued at $227,000 after acquiring an additional 3,578 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of APA by 43.3% in the first 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 increased its position in APA by 10.6% in the first 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 last quarter. Finally, Creative Planning increased its position in APA by 101.6% in the second quarter. Creative Planning now owns 141,758 shares of the company’s stock worth $2,593,000 after purchasing an additional 71,451 shares during the last quarter. 83.01% of the stock is owned by institutional investors.

APA Stock Down 0.2%

NASDAQ APA opened at $39.03 on Tuesday. 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 52 week low of $13.58 and a 52 week high of $39.51. The firm has a market capitalization of $13.79 billion, a price-to-earnings ratio of 9.78 and a beta of 0.67. The company has a fifty day moving average of $29.40 and a two-hundred day moving average of $25.98.

APA (NASDAQ:APA) last released 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. APA had a net margin of 15.55% and a return on equity of 19.89%. The firm had revenue of $1.99 billion during the quarter, compared to analyst estimates of $1.89 billion. During the same quarter last year, the business earned $0.79 EPS. The business’s revenue was down 26.6% on a year-over-year basis. On average, analysts predict that APA Corporation will post 4.03 earnings per share for the current year.

APA Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 22nd. Investors of record on Wednesday, April 22nd will be given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Wednesday, April 22nd. APA’s dividend payout ratio is 25.06%.

Key Headlines Impacting APA

Here are the key news stories impacting APA this week:

• Positive Sentiment: Barclays upgraded APA from “underweight” to “equal weight,” citing benefits from LNG-linked price contracts and improved gas-marketing outlooks — a catalyst that supports APA’s commodity-price exposure and marketing earnings. APA upgraded at Barclays on benefit from LNG-linked price contracts Barclays upgrades APA stock rating on gas marketing outlook
• Positive Sentiment: Some analysts lifted price targets — a recent note raised APA’s target to $38, signaling upside from certain providers and reflecting continued analyst interest in the name. APA (NASDAQ:APA) Price Target Raised to $38.00
• Neutral Sentiment: Market commentary highlights APA’s strong uptrend and outperformance versus the S&P 500, which can attract momentum and technical traders but also invite profit-taking. Is APA Stock Outperforming the S&P 500? Stock Of The Day: When Will APA Corp Reverse?
• Neutral Sentiment: Short-interest data published for March appears to be reporting zero shares (likely a data anomaly), so it provides no actionable short pressure signal today. (Note: average daily volume remains high.)
• Negative Sentiment: Goldman Sachs nudged its price target to $30 but kept a “sell” rating — a mixed-to-negative stance that implies downside and may cap momentum among institutional investors. Goldman Sachs adjusts APA’s price target to $30 from $29, keeps sell rating
• Negative Sentiment: An APA director disclosed an insider sale of roughly $833k — a short-term negative signal that can increase selling pressure or investor caution. Insider Selling: APA Director Sells $833,290.00 in Stock

Insider Transactions at APA

In other APA news, Director Matthew Regis Bob sold 23,000 shares of the firm’s stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $36.23, for a total value of $833,290.00. Following the completion of the sale, the director owned 6,634 shares of the company’s stock, valued at $240,349.82. This trade represents a 77.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 1.30% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Piper Sandler increased their price objective on shares of APA from $30.00 to $37.00 and gave the company a “neutral” rating in a research report on Thursday, March 12th. Jefferies Financial Group boosted their target price on shares of APA from $22.00 to $26.00 in a report on Monday, March 9th. Roth Mkm upped their target price on shares of APA from $23.00 to $27.00 and gave the company a “neutral” rating in a research report on Thursday, February 26th. Citigroup increased their price target on shares of APA from $24.00 to $25.00 and gave the company a “neutral” rating in a report on Wednesday, November 26th. Finally, The Goldman Sachs Group lifted their price target on APA from $29.00 to $30.00 and gave the stock a “sell” rating in a research report on Monday. Seven analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $30.84.

APA 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.