Jaffetilchin Investment Partners LLC Increases Stock Position in APA Corporation $APA

Jaffetilchin Investment Partners LLC grew its holdings in shares of APA Corporation (NASDAQ:APA) by 91.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 45,771 shares of the company’s stock after purchasing an additional 21,901 shares during the period. Jaffetilchin Investment Partners LLC’s holdings in APA were worth $1,120,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Howard Capital Management Inc. boosted its stake 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 valued at $2,303,000 after buying an additional 485 shares in the last quarter. one8zero8 LLC raised its position in 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 acquiring an additional 488 shares in the last quarter. Arizona State Retirement System lifted its holdings in APA by 0.5% in the third quarter. Arizona State Retirement System now owns 106,734 shares of the company’s stock valued at $2,592,000 after acquiring an additional 517 shares during the period. Steward Partners Investment Advisory LLC lifted its holdings in APA by 19.6% in the second quarter. Steward Partners Investment Advisory LLC now owns 3,349 shares of the company’s stock valued at $61,000 after acquiring an additional 550 shares during the period. Finally, O Keefe Stevens Advisory Inc. boosted its position in shares of APA by 1.9% during the 4th quarter. O Keefe Stevens Advisory Inc. now owns 30,093 shares of the company’s stock worth $736,000 after purchasing an additional 555 shares in the last quarter. 83.01% of the stock is owned by hedge funds and other institutional investors.

More APA News

Here are the key news stories impacting APA this week:

• Positive Sentiment: Stephens raised its price target to $45 (from $24) and kept an “equal weight” rating — a meaningful upward revision that signals improved analyst conviction on valuation. Stephens adjusts price target on APA
• Positive Sentiment: Citigroup also lifted its price target to $45 (from $25) while keeping a “neutral” rating — another upward target re-rate that supports upside consensus near the mid-$40s. Citigroup raises APA price target
• Positive Sentiment: Zacks Research nudged its FY2028 EPS estimate slightly higher to $2.69 (from $2.64), a small fundamental upgrade to forward earnings assumptions (Zacks maintains a “Hold”).
• Neutral Sentiment: Multiple bullish independent write-ups and summaries (Yahoo, MSN, InsiderMonkey) are circulating analyses arguing for APA’s investment case — these can attract longer-term investors but may not move price immediately. Is APA a good stock to buy?
• Neutral Sentiment: News that APA Solar is expanding a manufacturing campus in Northwest Ohio is positive for that business line but appears peripheral to APA Corporation’s core oil & gas operations; impact on APA Corp. is uncertain. APA Solar expands manufacturing campus
• Negative Sentiment: Zacks published that “APA stock sinks as market gains” — the headline and coverage indicate the stock declined today despite analyst target upgrades, suggesting profit-taking, short-term rotation, or sector-level forces outweighed positive fundamental/target revisions. APA Stock Sinks As Market Gains

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the stock. Bank of America upped their price target on shares of APA from $23.00 to $27.00 and gave the stock an “underperform” rating in a research note on Monday, March 16th. Benchmark boosted their price objective on shares of APA from $33.00 to $40.00 and gave the stock a “buy” rating in a report on Thursday, March 5th. Barclays upgraded shares of APA from an “underweight” rating to an “equal weight” rating and set a $35.00 target price on the stock in a research report on Monday, March 23rd. Mizuho increased their target price on shares of APA from $24.00 to $29.00 and gave the company an “underperform” rating in a report on Tuesday, March 17th. Finally, Jefferies Financial Group lifted their price target on shares of APA from $22.00 to $26.00 in a research report on Monday, March 9th. Seven investment analysts have rated the stock with a Buy rating, twenty have issued a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, APA currently has a consensus rating of “Hold” and a consensus price target of $35.38.

APA Trading Down 3.0%

NASDAQ:APA opened at $42.44 on Wednesday. APA Corporation has a 52-week low of $13.58 and a 52-week high of $45.66. 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 stock has a fifty day simple moving average of $31.40 and a 200-day simple moving average of $26.82. The company has a market capitalization of $14.99 billion, a PE ratio of 10.64 and a beta of 0.67.

APA (NASDAQ:APA) last issued its quarterly earnings data on Wednesday, February 25th. The company reported $0.91 EPS for the quarter, beating analysts’ consensus estimates of $0.62 by $0.29. The firm 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 revenue was down 26.6% on a year-over-year basis. During the same period in the prior year, the company earned $0.79 EPS. On average, equities research analysts expect that APA Corporation will post 4.03 earnings per share for the current fiscal year.

APA Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 22nd. Stockholders of record on Wednesday, April 22nd will be given a $0.25 dividend. The ex-dividend date is Wednesday, April 22nd. This represents a $1.00 annualized dividend and a dividend yield of 2.4%. APA’s dividend payout ratio is currently 25.06%.

Insider Buying and Selling at APA

In other news, Director Matthew Regis Bob sold 23,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $36.23, for a total transaction of $833,290.00. Following the completion of the transaction, the director directly owned 6,634 shares of the company’s stock, valued at $240,349.82. This trade represents a 77.61% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.30% of the stock is currently owned by company insiders.

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.