APA (NASDAQ:APA) Price Target Cut to $25.00 by Analysts at JPMorgan Chase & Co.

APA (NASDAQ:APA) had its target price lowered by JPMorgan Chase & Co. from $26.00 to $25.00 in a research note released on Thursday,MarketScreener reports. The brokerage currently has a neutral rating on the stock.

A number of other equities analysts have also recently weighed in on the stock. Evercore ISI lowered their price target on shares of APA from $21.00 to $16.00 in a research note on Tuesday, November 4th. Susquehanna upped their target price on shares of APA from $30.00 to $32.00 and gave the stock a “positive” rating in a research report on Wednesday, November 12th. Raymond James Financial reaffirmed an “outperform” rating and issued a $31.00 target price on shares of APA in a report on Monday, November 24th. Citigroup boosted their price target on APA from $24.00 to $25.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 26th. Finally, UBS Group raised their price objective on APA from $26.00 to $30.00 and gave the company a “neutral” rating in a research note on Friday, December 12th. Six analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and five have assigned a Sell rating to the stock. Based on data from MarketBeat.com, APA presently has an average rating of “Hold” and a consensus target price of $26.39.

APA Price Performance

Shares of APA opened at $25.55 on Thursday. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.62. The stock’s 50 day moving average is $25.04 and its two-hundred day moving average is $23.04. APA has a twelve month low of $13.58 and a twelve month high of $27.72. The firm has a market capitalization of $9.06 billion, a PE ratio of 6.14, a P/E/G ratio of 11.84 and a beta of 0.74.

APA (NASDAQ:APA) last posted its quarterly earnings results on Wednesday, November 5th. The company reported $0.93 EPS for the quarter, beating the consensus estimate of $0.74 by $0.19. APA had a return on equity of 19.86% and a net margin of 15.49%.The business had revenue of $2.12 billion during the quarter, compared to analysts’ expectations of $2.06 billion. During the same period last year, the firm earned $1.00 EPS. The company’s quarterly revenue was down 16.4% compared to the same quarter last year. Research analysts anticipate that APA will post 4.03 earnings per share for the current year.

APA Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, February 23rd. Investors of record on Thursday, January 22nd will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date is Thursday, January 22nd. APA’s dividend payout ratio (DPR) is currently 24.04%.

Institutional Investors Weigh In On APA

Several hedge funds have recently modified their holdings of the company. AQR Capital Management LLC grew its holdings in shares of APA by 157.1% during the second quarter. AQR Capital Management LLC now owns 3,060,135 shares of the company’s stock worth $55,970,000 after buying an additional 1,869,891 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in APA by 13.6% during the third quarter. Dimensional Fund Advisors LP now owns 14,030,230 shares of the company’s stock worth $340,657,000 after acquiring an additional 1,674,739 shares during the last quarter. Northern Trust Corp grew its stake in APA by 29.6% in the 3rd quarter. Northern Trust Corp now owns 4,462,476 shares of the company’s stock worth $108,349,000 after acquiring an additional 1,018,326 shares during the period. Evergreen Capital Management LLC grew its stake in APA by 7,627.3% in the 3rd quarter. Evergreen Capital Management LLC now owns 1,013,516 shares of the company’s stock worth $24,608,000 after acquiring an additional 1,000,400 shares during the period. Finally, SG Americas Securities LLC increased its stake in APA by 160.5% in the third quarter. SG Americas Securities LLC now owns 336,277 shares of the company’s stock valued at $8,165,000 after purchasing an additional 892,438 shares during the last quarter. 83.01% of the stock is owned by institutional investors and hedge funds.

More APA News

Here are the key news stories impacting APA this week:

• Positive Sentiment: Jefferies raised its price target on APA to $22 (from $21) and kept a “hold” rating — a modest positive signal that trims downside versus prior forecasts. Jefferies PT raise
• Positive Sentiment: The Goldman Sachs team bumped its price target to $23 (from $21) even while retaining a “sell” rating — the higher target is marginally supportive of the share price versus the prior forecast. Goldman Sachs PT raise
• Positive Sentiment: Zacks updated short-term quarterly estimates (small increases to some Q3/Q4 items), indicating analysts are still refining near-term forecasts rather than cutting them uniformly. Zacks estimates update
• Neutral Sentiment: Pre-earnings previews (Yahoo Finance, Barchart) note consensus expects a double-digit earnings contraction for APA in the upcoming quarter — this sets a lower bar for the quarter but is informational until results are released. Yahoo earnings preview Barchart earnings preview
• Negative Sentiment: Zacks downgraded APA from “hold” to a “strong sell” — a substantive negative rating change that increases selling pressure and signals low analyst conviction. Zacks downgrade
• Negative Sentiment: Barclays reaffirmed an underweight/negative stance on APA, contributing to the sell-side consensus pressure. Barclays downgrade
• Negative Sentiment: JPMorgan trimmed its price target to $25 (from $26) and kept a “neutral” rating — a small but incremental cut that removes upside and signals caution. JPMorgan PT cut

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.