APA (NASDAQ:APA – Free Report) had its price objective boosted by The Goldman Sachs Group from $21.00 to $23.00 in a report issued on Thursday morning,MarketScreener reports. The Goldman Sachs Group currently has a sell rating on the stock.
Several other research firms also recently commented on APA. Raymond James Financial reissued an “outperform” rating and issued a $31.00 target price on shares of APA in a report on Monday, November 24th. Mizuho increased their price objective on shares of APA from $20.00 to $22.00 and gave the company an “underperform” rating in a research report on Friday, December 12th. Jefferies Financial Group lifted their target price on shares of APA from $21.00 to $22.00 and gave the stock a “hold” rating in a report on Tuesday, January 20th. BMO Capital Markets raised their price target on shares of APA from $28.00 to $30.00 and gave the company a “market perform” rating in a research report on Monday, October 13th. Finally, Barclays set a $24.00 target price on APA in a research note on Wednesday. Six analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and five have given a Sell rating to the company’s stock. According to data from MarketBeat.com, APA has an average rating of “Hold” and an average target price of $26.30.
APA Price Performance
APA (NASDAQ:APA – Get Free Report) last issued its earnings results on Wednesday, November 5th. The company reported $0.93 EPS for the quarter, topping the consensus estimate of $0.74 by $0.19. APA had a net margin of 15.49% and a return on equity of 19.86%. The company had revenue of $2.12 billion for the quarter, compared to the consensus estimate of $2.06 billion. During the same period in the previous year, the firm earned $1.00 earnings per share. The firm’s revenue for the quarter was down 16.4% on a year-over-year basis. Equities research analysts expect that APA will post 4.03 EPS for the current year.
APA Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, February 23rd. Investors of record on Thursday, January 22nd will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Thursday, January 22nd. This represents a $1.00 dividend on an annualized basis and a yield of 3.9%. APA’s dividend payout ratio is presently 24.04%.
Institutional Trading of APA
Institutional investors and hedge funds have recently made changes to their positions in the company. Farther Finance Advisors LLC raised its holdings in shares of APA by 17.1% in the fourth quarter. Farther Finance Advisors LLC now owns 5,385 shares of the company’s stock worth $132,000 after buying an additional 785 shares during the last quarter. Sunpointe LLC grew its holdings in APA by 76.8% in the fourth quarter. Sunpointe LLC now owns 25,986 shares of the company’s stock valued at $636,000 after purchasing an additional 11,292 shares during the period. Howard Capital Management Inc. lifted its holdings in APA by 12.7% during the fourth quarter. Howard Capital Management Inc. now owns 106,886 shares of the company’s stock valued at $2,614,000 after purchasing an additional 12,038 shares in the last quarter. Ritholtz Wealth Management increased its stake in APA by 192.2% during the 4th quarter. Ritholtz Wealth Management now owns 80,783 shares of the company’s stock worth $1,976,000 after buying an additional 53,141 shares in the last quarter. Finally, Apollon Wealth Management LLC increased its position in shares of APA by 95.4% during the fourth quarter. Apollon Wealth Management LLC now owns 18,868 shares of the company’s stock worth $462,000 after purchasing an additional 9,213 shares in the last quarter. 83.01% of the stock is currently owned by institutional investors.
APA News Summary
Here are the key news stories impacting APA this week:
- Positive Sentiment: Zacks Research raised several near-term EPS forecasts for APA (Q1–Q4 2027 and FY2027 estimates were nudged higher), which can be read as modestly constructive on forward earnings expectations. (Zacks research notes)
- Positive Sentiment: The Goldman Sachs price target was increased to $23 from $21 (rating: sell), a small upward reframe of fair value that could limit downside. Goldman Sachs raises PT to $23
- Positive Sentiment: AmericanBankingNews reported an analyst-implied price-target increase to $22, another incremental supportive datapoint. Price Target Raised to $22
- Neutral Sentiment: Local community event — APA’s “Paws & Pins” fundraiser scheduled for Feb. 20 — is PR/CSR positive but unlikely to move the stock materially. Paws & Pins fundraiser
- Neutral Sentiment: Market commentary piece outlines how fresh analyst targets are reframing APA’s fair value; useful context for investors but not a direct market mover. Why APA story is shifting
- Negative Sentiment: JPMorgan cut its price target to $25 (maintained neutral), and that move was reported alongside an intraday share drop — a clear near-term headwind for the stock. JPMorgan lowers PT to $25
- Negative Sentiment: Barclays downgraded APA to an Underweight/“downgrade,” which increases sell-side pressure and may keep the stock capped until clearer operational/commodity signals emerge. Barclays downgrade
- Negative Sentiment: Zacks moved the stock from Hold to Strong Sell even while nudging some short-term EPS estimates; the retained negative rating undercuts the constructive EPS revisions. Zacks rating change
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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