American Century Companies Inc. raised its position in shares of APA Corporation (NASDAQ:APA – Free Report) by 43.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,239,397 shares of the company’s stock after acquiring an additional 374,204 shares during the period. American Century Companies Inc. owned approximately 0.35% of APA worth $30,093,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors have also recently modified their holdings of APA. Deseret Mutual Benefit Administrators lifted its position in APA by 276.7% during the third quarter. Deseret Mutual Benefit Administrators now owns 1,213 shares of the company’s stock valued at $29,000 after purchasing an additional 891 shares during the last quarter. Atlantic Union Bankshares Corp bought a new stake in shares of APA in the 3rd quarter worth about $34,000. Spire Wealth Management increased its holdings in shares of APA by 179.6% in the 3rd quarter. Spire Wealth Management now owns 1,521 shares of the company’s stock worth $37,000 after buying an additional 977 shares during the last quarter. LRI Investments LLC raised its position in shares of APA by 4,697.7% during the 3rd quarter. LRI Investments LLC now owns 2,063 shares of the company’s stock valued at $50,000 after buying an additional 2,020 shares in the last quarter. Finally, MAI Capital Management raised its position in shares of APA by 76.5% during the 2nd quarter. MAI Capital Management now owns 2,134 shares of the company’s stock valued at $39,000 after buying an additional 925 shares in the last quarter. 83.01% of the stock is currently owned by institutional investors.
More APA News
Here are the key news stories impacting APA this week:
- Positive Sentiment: APA announced a dual listing on Nasdaq Texas, which could increase local liquidity and visibility with Texas‑based investors and reinforce the company’s Permian Basin ties. APA Corporation Announces Dual Listing on Nasdaq Texas
- Positive Sentiment: Multiple bullish analyst notes and price‑target increases have surfaced this week (Benchmark raised its target to $40 with a Buy; Susquehanna and BMO published positive commentary and a separate report raised the target to $34), supporting upward momentum and investor confidence. APA Price Target Raised to $34
- Positive Sentiment: Market commentary highlighted APA as a value upstream pick amid oil volatility, noting low valuation multiples, improved cost structure and cash flow — a narrative that attracts income/value‑oriented energy investors. Why One Energy Expert Is Betting on These 3 Oil Stocks Now
- Neutral Sentiment: RBC and Piper Sandler raised price targets (to $29 and $30) but kept sector‑perform/neutral ratings — a mixed signal that trims downside risk but doesn’t add a strong buy case. RBC/Piper Sandler PT adjustments
- Neutral Sentiment: Short‑interest reports flagged a “large increase” but the underlying data shows 0 shares / NaN changes — likely a data error and currently not meaningful for price pressure or squeeze dynamics.
- Neutral Sentiment: Legislative chatter (H.R.7554) aiming to limit greenhouse‑gas regulation could, if enacted, ease regulatory risk for fossil‑fuel producers — a policy tailwind but highly uncertain and not a near‑term catalyst. H.R. 7554 CARBON Act
- Negative Sentiment: Scotiabank trimmed its FY2027 EPS estimate (from $1.65 to $1.50), signaling some analyst caution on near‑term earnings power; that could cap upside if others follow with cuts. Scotiabank cuts FY2027 estimate (MarketBeat)
APA Stock Performance
APA (NASDAQ:APA – Get Free Report) last issued 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. The company had revenue of $1.99 billion for the quarter, compared to analysts’ expectations of $1.89 billion. APA had a net margin of 15.55% and a return on equity of 19.89%. The firm’s quarterly revenue was down 26.6% on a year-over-year basis. During the same period in the prior year, the business earned $0.79 EPS. As a group, equities research analysts forecast that APA Corporation will post 4.03 EPS for the current fiscal year.
APA Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 22nd. Stockholders of record on Wednesday, April 22nd will be paid a dividend of $0.25 per share. The ex-dividend date is Wednesday, April 22nd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.1%. APA’s dividend payout ratio (DPR) is currently 25.06%.
Wall Street Analyst Weigh In
Several research firms recently commented on APA. William Blair assumed coverage on APA in a research report on Wednesday, November 26th. They issued an “outperform” rating and a $32.00 price target for the company. Johnson Rice upgraded APA from a “hold” rating to an “accumulate” rating and upped their price objective for the company from $35.00 to $40.00 in a research report on Thursday, December 4th. Roth Mkm raised their price objective on APA from $23.00 to $27.00 and gave the company a “neutral” rating in a research note on Thursday, February 26th. Susquehanna lifted their target price on APA from $32.00 to $37.00 and gave the stock a “positive” rating in a report on Tuesday, March 3rd. Finally, Raymond James Financial reissued an “outperform” rating and set a $31.00 target price on shares of APA in a research report on Monday, November 24th. Seven 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 stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $28.92.
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.
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