APA (NASDAQ:APA) Price Target Raised to $30.00 at The Goldman Sachs Group

APA (NASDAQ:APA) had its target price upped by The Goldman Sachs Group from $29.00 to $30.00 in a report released on Monday,MarketScreener reports. The firm currently has a sell rating on the stock.

APA has been the topic of a number of other research reports. Royal Bank Of Canada lifted their target price on shares of APA from $26.00 to $29.00 and gave the company a “sector perform” rating in a research note on Thursday, March 5th. Zacks Research upgraded APA from a “strong sell” rating to a “hold” rating in a research note on Thursday, February 26th. JPMorgan Chase & Co. raised their price target on APA from $29.00 to $38.00 and gave the company a “neutral” rating in a report on Friday. Roth Mkm boosted their price objective on APA from $23.00 to $27.00 and gave the company a “neutral” rating in a research report on Thursday, February 26th. Finally, Wolfe Research upped their price objective on APA from $39.00 to $45.00 in a research note on Monday, March 9th. Seven analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $30.84.

APA Stock Performance

NASDAQ:APA opened at $39.03 on Monday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.82 and a current ratio of 0.82. The stock has a 50-day simple moving average of $29.40 and a two-hundred day simple moving average of $25.98. The firm has a market capitalization of $13.79 billion, a PE ratio of 9.78 and a beta of 0.67. APA has a 52-week low of $13.58 and a 52-week high of $39.51.

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 company had revenue of $1.99 billion during the quarter, compared to analyst estimates of $1.89 billion. During the same period in the prior year, the firm posted $0.79 EPS. The firm’s quarterly revenue was down 26.6% compared to the same quarter last year. Analysts forecast that APA will post 4.03 EPS for the current year.

APA Announces Dividend

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

Insiders Place Their Bets

In other news, Director Matthew Regis Bob sold 23,000 shares of the stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $36.23, for a total value of $833,290.00. Following the sale, the director owned 6,634 shares of the company’s stock, valued at approximately $240,349.82. This represents a 77.61% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.30% of the stock is owned by company insiders.

Institutional Trading of APA

Several institutional investors have recently added to or reduced their stakes in APA. Rockefeller Capital Management L.P. boosted its holdings in APA by 0.4% during the 4th quarter. Rockefeller Capital Management L.P. now owns 106,667 shares of the company’s stock valued at $2,609,000 after acquiring an additional 375 shares during the period. Coldstream Capital Management Inc. lifted its position 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 worth $689,000 after purchasing an additional 396 shares during the last quarter. Patriot Financial Group Insurance Agency LLC boosted its stake 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 purchasing an additional 461 shares during the period. Howard Capital Management Inc. grew its holdings in shares of APA by 0.5% in the third quarter. Howard Capital Management Inc. now owns 94,848 shares of the company’s stock worth $2,303,000 after purchasing an additional 485 shares during the last quarter. Finally, one8zero8 LLC grew its holdings in shares of APA by 1.2% in the third quarter. one8zero8 LLC now owns 42,254 shares of the company’s stock worth $1,026,000 after purchasing an additional 488 shares during the last quarter. Institutional investors own 83.01% of the company’s stock.

Trending Headlines about 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

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.