APA (NASDAQ:APA – Free Report) had its target price upped by The Goldman Sachs Group from $30.00 to $31.00 in a research note issued to investors on Tuesday,MarketScreener reports. The brokerage currently has a sell rating on the stock.
A number of other research analysts also recently issued reports on APA. Susquehanna raised their price target on APA from $37.00 to $47.00 and gave the stock a “positive” rating in a research note on Tuesday. Jefferies Financial Group raised their price target on APA from $26.00 to $36.00 and gave the stock a “hold” rating in a research note on Monday, April 13th. Citigroup dropped their price target on APA from $45.00 to $40.00 and set a “neutral” rating on the stock in a research note on Friday, April 17th. Raymond James Financial raised their price target on APA from $31.00 to $45.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 25th. Finally, UBS Group raised their price target on APA from $44.00 to $45.00 and gave the stock a “neutral” rating in a research note on Friday, April 17th. Seven research analysts have rated the stock with a Buy rating, twenty have given a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $39.12.
Get Our Latest Research Report on APA
APA Price Performance
APA (NASDAQ:APA – Get Free Report) last posted its quarterly earnings results on Wednesday, February 25th. The company reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.62 by $0.29. The company had revenue of $1.99 billion for the quarter, compared to analyst estimates of $1.89 billion. APA had a return on equity of 19.89% and a net margin of 15.55%.APA’s revenue for the quarter was down 26.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.79 EPS. Analysts anticipate that APA will post 4.31 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. Shareholders of record on Wednesday, April 22nd will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Wednesday, April 22nd. APA’s dividend payout ratio (DPR) is 25.06%.
Insider Buying and Selling at APA
In other APA news, Director Matthew Regis Bob sold 23,000 shares of APA stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $36.23, for a total value of $833,290.00. Following the transaction, the director directly owned 6,634 shares in the company, valued at approximately $240,349.82. This trade represents a 77.61% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 1.30% of the company’s stock.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently modified their holdings of the stock. Rockefeller Capital Management L.P. grew its holdings in shares of APA by 0.4% during the fourth quarter. Rockefeller Capital Management L.P. now owns 106,667 shares of the company’s stock valued at $2,609,000 after buying an additional 375 shares during the last quarter. Coldstream Capital Management Inc. grew its holdings in shares of APA by 1.4% during the fourth quarter. Coldstream Capital Management Inc. now owns 28,171 shares of the company’s stock valued at $689,000 after buying an additional 396 shares during the last quarter. Patriot Financial Group Insurance Agency LLC grew its holdings in shares of APA by 3.2% during the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 14,648 shares of the company’s stock valued at $358,000 after buying an additional 461 shares during the last quarter. Howard Capital Management Inc. grew its holdings in shares of APA by 0.5% during the third quarter. Howard Capital Management Inc. now owns 94,848 shares of the company’s stock valued at $2,303,000 after buying an additional 485 shares during the last quarter. Finally, one8zero8 LLC grew its holdings in shares of APA by 1.2% during the third quarter. one8zero8 LLC now owns 42,254 shares of the company’s stock valued at $1,026,000 after buying an additional 488 shares during the last quarter. 83.01% of the stock is currently owned by hedge funds and other institutional investors.
APA News Summary
Here are the key news stories impacting APA this week:
- Positive Sentiment: Susquehanna raised its price target on APA to $47 from $37 and kept a “positive” rating, signaling meaningful upside vs. the current share level and providing a clear bullish catalyst for momentum buyers. Susquehanna adjusts price target on APA to $47
- Neutral Sentiment: Truist nudged its target to $39 and maintained a “hold” rating — a modest tweak that supports a near-term trading range but is unlikely to drive a big directional move by itself. Truist raises price target to $39
- Negative Sentiment: Goldman Sachs edged its target to $31 but kept a “sell” rating, signaling continued bearish conviction from a major Wall Street desk and adding downward pressure from institutional-sell signals. Goldman Sachs adjusts price target on APA to $31 Additional coverage
- Negative Sentiment: Citigroup cut its price target to $40, a downward revision that can temper upside expectations and contributes to mixed analyst signals. Citigroup Cuts APA Price Target to $40
- Negative Sentiment: Capital One also trimmed its target to $50 — a cut that, while leaving a higher absolute target, still signals reduced near-term optimism versus prior forecasts. Capital One Cuts APA Price Target to $50
- Negative Sentiment: An advocacy group has publicly called for an FTC probe into APA over allegedly contradictory stances on gender-affirming care for minors — a reputational and regulatory headline that could increase volatility and pose longer-term risk if investigations or broader scrutiny follow. FTC probe into APA urged over contradictory stances on gender-affirming care for minors Advocacy group calls for FTC probe into APA over transgender care for kids
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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