APA (NASDAQ:APA) Given New $35.00 Price Target at BMO Capital Markets

APA (NASDAQ:APA) had its price target upped by BMO Capital Markets from $30.00 to $35.00 in a research report released on Tuesday,MarketScreener reports. They currently have a market perform rating on the stock.

Other research analysts have also issued research reports about the company. Johnson Rice upgraded APA from a “hold” rating to an “accumulate” rating and increased their price target for the stock from $35.00 to $40.00 in a report on Thursday, December 4th. JPMorgan Chase & Co. upped their target price on APA from $25.00 to $29.00 and gave the stock a “neutral” rating in a research report on Friday, February 27th. Stephens lifted their price target on shares of APA from $23.00 to $24.00 and gave the company an “equal weight” rating in a research report on Tuesday, February 17th. Mizuho boosted their price target on shares of APA from $22.00 to $24.00 and gave the company an “underperform” rating in a research note on Thursday, February 26th. Finally, Susquehanna raised their price objective on shares of APA from $32.00 to $37.00 and gave the company a “positive” rating in a research note on Tuesday. Seven equities research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $28.00.

APA Stock Up 0.5%

Shares of NASDAQ APA opened at $31.85 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. The firm has a market cap of $11.25 billion, a PE ratio of 7.98, a P/E/G ratio of 15.40 and a beta of 0.67. The company’s fifty day simple moving average is $26.57 and its 200 day simple moving average is $24.74. APA has a 12-month low of $13.58 and a 12-month high of $32.78.

APA (NASDAQ:APA) last announced its quarterly earnings data on Wednesday, February 25th. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.62 by $0.29. The firm had revenue of $1.99 billion for the quarter, compared to analyst estimates of $1.89 billion. APA had a net margin of 15.55% and a return on equity of 19.89%. The business’s quarterly revenue was down 26.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.79 earnings per share. As a group, sell-side analysts forecast that APA will post 4.03 earnings per share for the current fiscal year.

APA Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 22nd. Stockholders of record on Wednesday, April 22nd will be paid a $0.25 dividend. The ex-dividend date is Wednesday, April 22nd. This represents a $1.00 annualized dividend and a dividend yield of 3.1%. APA’s dividend payout ratio is presently 25.06%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in APA. Deseret Mutual Benefit Administrators grew its position in APA by 276.7% in the 3rd quarter. Deseret Mutual Benefit Administrators now owns 1,213 shares of the company’s stock worth $29,000 after purchasing an additional 891 shares in the last quarter. Summit Securities Group LLC lifted its position in shares of APA by 115.1% during the 4th quarter. Summit Securities Group LLC now owns 1,327 shares of the company’s stock worth $32,000 after buying an additional 710 shares in the last quarter. Atlantic Union Bankshares Corp purchased a new position in shares of APA in the 3rd quarter worth approximately $34,000. Spire Wealth Management grew its holdings in shares of APA by 179.6% in the third quarter. Spire Wealth Management now owns 1,521 shares of the company’s stock valued at $37,000 after acquiring an additional 977 shares in the last quarter. Finally, Camelot Portfolios LLC bought a new position in shares of APA in the fourth quarter valued at approximately $37,000. 83.01% of the stock is owned by institutional investors.

Key Headlines Impacting APA

Here are the key news stories impacting APA this week:

• Positive Sentiment: APA beat Q4 EPS estimates (reported $0.91 vs. consensus $0.62); management cited stronger output and lower costs that offset weak oil & gas prices — this earnings surprise is the primary bullish catalyst. Article Title
• Positive Sentiment: Susquehanna raised its price target to $37 (from $32) and maintained a positive rating — a materially higher target that supports upside expectations. Article Title
• Positive Sentiment: BMO Capital Markets lifted its target to $35 (from $30) while keeping a market-perform rating, which still signals modest upside from current levels. Article Title
• Positive Sentiment: UBS raised its price target to $34 (from $30) and kept a neutral rating — another upward revision that adds analyst support for the name. Article Title
• Neutral Sentiment: Short-interest data in the feed is inconsistent (reports show 0 shares and NaN changes); this looks like a reporting glitch and is unlikely to explain the stock move. Investors should treat these short-interest figures as unreliable until clarified.
• Negative Sentiment: A separate analyst note listed a $29 price target (raised in that report) which is below current trading levels and would be a less bullish signal if adopted more widely. Article Title

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.