KLCM Advisors Inc. Cuts Position in APA Corporation $APA

KLCM Advisors Inc. trimmed its holdings in shares of APA Corporation (NASDAQ:APA) by 12.2% in the 3rd quarter, Holdings Channel.com reports. The firm owned 696,919 shares of the company’s stock after selling 96,788 shares during the period. APA makes up approximately 1.7% of KLCM Advisors Inc.’s portfolio, making the stock its 11th largest holding. KLCM Advisors Inc.’s holdings in APA were worth $16,921,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in APA. Allspring Global Investments Holdings LLC raised its stake in APA by 869.7% during the third quarter. Allspring Global Investments Holdings LLC now owns 194,418 shares of the company’s stock valued at $4,872,000 after buying an additional 174,369 shares during the last quarter. United Capital Management of KS Inc. purchased a new stake in shares of APA in the third quarter worth $1,214,000. Prudential Financial Inc. grew its stake in shares of APA by 38.8% in the second quarter. Prudential Financial Inc. now owns 284,275 shares of the company’s stock worth $5,199,000 after acquiring an additional 79,451 shares during the last quarter. Jackson Creek Investment Advisors LLC bought a new position in shares of APA during the third quarter valued at $2,337,000. Finally, AE Wealth Management LLC raised its position in shares of APA by 2,049.4% in the 3rd quarter. AE Wealth Management LLC now owns 403,511 shares of the company’s stock worth $9,797,000 after purchasing an additional 384,738 shares during the last quarter. Hedge funds and other institutional investors own 83.01% of the company’s stock.

APA Price Performance

APA opened at $32.97 on Thursday. 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 market capitalization of $11.65 billion, a P/E ratio of 8.26, a P/E/G ratio of 16.50 and a beta of 0.67. The company’s 50-day simple moving average is $27.51 and its two-hundred day simple moving average is $25.20. APA Corporation has a 52-week low of $13.58 and a 52-week high of $33.78.

APA (NASDAQ:APA) last announced its quarterly earnings results on Wednesday, February 25th. The company reported $0.91 EPS for the quarter, topping analysts’ consensus estimates of $0.62 by $0.29. APA had a net margin of 15.55% and a return on equity of 19.89%. The firm had revenue of $1.99 billion during the quarter, compared to analyst estimates of $1.89 billion. During the same period in the previous year, the business posted $0.79 earnings per share. The business’s revenue for the quarter was down 26.6% on a year-over-year basis. As a group, analysts predict that APA Corporation will post 4.03 EPS for the current year.

APA Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 22nd. Stockholders of record on Wednesday, April 22nd will be issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend is Wednesday, April 22nd. APA’s dividend payout ratio is presently 25.06%.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on APA. Evercore upped their price target on shares of APA from $21.00 to $25.00 in a research note on Thursday, February 26th. Benchmark lifted their target price on shares of APA from $33.00 to $40.00 and gave the stock a “buy” rating in a report on Thursday, March 5th. William Blair started coverage on shares of APA in a report on Wednesday, November 26th. They set an “outperform” rating and a $32.00 price target on the stock. Capital One Financial raised their price target on shares of APA from $31.00 to $32.00 and gave the company an “overweight” rating in a research report on Wednesday. Finally, TD Cowen raised APA to a “hold” rating in a research report on Monday, February 9th. Seven 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 price target of $29.63.

Key APA News

Here are the key news stories impacting APA this week:

• Positive Sentiment: RBC Capital raised its price target to $29 (from $26) and cited oil strength and earnings momentum as support for the shares. RBC Capital Raises APA Target
• Positive Sentiment: Goldman Sachs increased its price target to $29 (while keeping a “sell” rating) — the higher target signals improved near-term fundamentals even if the firm’s stance remains cautious. Goldman Sachs Adjusts Price Target
• Positive Sentiment: Capital One raised its target to $32 and kept an “overweight” rating, reinforcing a constructive view of APA’s near-term outlook. Capital One Raises Target
• Positive Sentiment: Wolfe Research and Jefferies issued bullish commentary/raised targets (Jefferies to $26) and forecasts suggesting upside potential over a longer horizon. Jefferies & Wolfe Coverage
• Neutral Sentiment: A Seeking Alpha piece argues APA is still undervalued and advancing across operations — useful for investor debate but opinion-driven rather than new company guidance. Seeking Alpha Article
• Neutral Sentiment: Short-interest reports in the feed show zero or faulty values (0 shares / NaN changes), indicating data glitches rather than a credible change in short positioning; treat as noise for now.
• Negative Sentiment: Zacks Research trimmed Q2 2026 and Q4 2026 EPS estimates (to $0.44 and $0.46, respectively) and set FY2028 at $2.64, while keeping a “Hold” rating — small near-term earnings cuts that could cap upside if downward revisions continue.

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.