Cetera Investment Advisers lifted its holdings in APi Group Corporation (NYSE:APG – Free Report) by 17.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 185,808 shares of the company’s stock after buying an additional 27,559 shares during the quarter. Cetera Investment Advisers’ holdings in APi Group were worth $7,529,000 as of its most recent SEC filing.
Several other institutional investors also recently modified their holdings of the business. Root Financial Partners LLC lifted its position in APi Group by 20.3% during the 1st quarter. Root Financial Partners LLC now owns 1,256 shares of the company’s stock valued at $51,000 after acquiring an additional 212 shares during the period. Arizona State Retirement System grew its holdings in APi Group by 0.3% in the fourth quarter. Arizona State Retirement System now owns 98,581 shares of the company’s stock worth $3,772,000 after purchasing an additional 277 shares during the period. Triad Wealth Partners LLC increased its stake in shares of APi Group by 2.8% during the first quarter. Triad Wealth Partners LLC now owns 10,247 shares of the company’s stock valued at $415,000 after purchasing an additional 283 shares in the last quarter. Silicon Valley Capital Partners increased its stake in shares of APi Group by 50.0% during the third quarter. Silicon Valley Capital Partners now owns 858 shares of the company’s stock valued at $29,000 after purchasing an additional 286 shares in the last quarter. Finally, Parallel Advisors LLC lifted its holdings in shares of APi Group by 55.3% during the third quarter. Parallel Advisors LLC now owns 834 shares of the company’s stock valued at $29,000 after purchasing an additional 297 shares during the last quarter. 86.62% of the stock is currently owned by institutional investors.
More APi Group News
Here are the key news stories impacting APi Group this week:
- Positive Sentiment: Raised 2026 outlook: APi now forecasts 2026 net revenue of $8.875 billion to $9.025 billion and adjusted EBITDA of $1.205 billion to $1.245 billion, with the EBITDA outlook increased from its prior forecast. APi forecasts 2026 net revenues and raises adjusted EBITDA outlook
- Positive Sentiment: Solid Q2 performance: APi reported earnings of $0.44 per share, slightly above the $0.43 analyst consensus, while revenue reached $2.25 billion, ahead of the $2.20 billion estimate and up 13.3% year over year. APi Group second-quarter earnings report
- Positive Sentiment: Operating momentum continued: Management cited more than 10% organic revenue growth, year-over-year adjusted EBITDA margin expansion and continued strength in inspection, service and monitoring activities. Third-quarter revenue guidance of approximately $2.4 billion also exceeds the roughly $2.2 billion consensus estimate. APi Group reports record second-quarter results
- Neutral Sentiment: Results broadly met expectations: Zacks characterized the $0.44 EPS result as in line with its consensus estimate, meaning the positive reaction is driven more by revenue growth, margins and raised guidance than by a major earnings surprise. APi Q2 earnings match estimates
APi Group Stock Up 1.6%
APi Group (NYSE:APG – Get Free Report) last posted its earnings results on Thursday, July 30th. The company reported $0.44 EPS for the quarter, beating analysts’ consensus estimates of $0.43 by $0.01. APi Group had a return on equity of 37.59% and a net margin of 3.99%.The firm had revenue of $2.25 billion during the quarter, compared to the consensus estimate of $2.20 billion. During the same period in the prior year, the company earned $0.39 EPS. The company’s quarterly revenue was up 13.3% compared to the same quarter last year. Analysts predict that APi Group Corporation will post 1.71 EPS for the current fiscal year.
Insider Activity
In other news, Director Anthony E. Malkin sold 7,000 shares of the stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $42.47, for a total transaction of $297,290.00. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Martin E. Franklin sold 2,000,000 shares of the stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $42.08, for a total transaction of $84,160,000.00. Following the transaction, the director owned 19,240,426 shares in the company, valued at approximately $809,637,126.08. This represents a 9.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 3,451,000 shares of company stock valued at $149,194,935. 18.70% of the stock is currently owned by company insiders.
Wall Street Analysts Forecast Growth
A number of analysts have recently commented on the company. Weiss Ratings cut APi Group from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, June 11th. Barclays reaffirmed an “overweight” rating and set a $54.00 price target (up from $52.00) on shares of APi Group in a report on Thursday, May 7th. Truist Financial set a $55.00 price objective on APi Group and gave the stock a “buy” rating in a report on Friday, May 1st. Wall Street Zen cut shares of APi Group from a “buy” rating to a “hold” rating in a report on Saturday. Finally, Robert W. Baird set a $47.00 price objective on APi Group in a research note on Friday. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $52.50.
Read Our Latest Stock Analysis on APi Group
About APi Group
APi Group Corp. is a global specialty contractor that provides fire protection, security, mechanical insulation and energy services to commercial, industrial and institutional clients. Headquartered in New Brighton, Minnesota, the company designs, installs, inspects, tests, maintains and repairs a wide range of safety and infrastructure systems. Through its network of operating subsidiaries, APi Group delivers end-to-end solutions for new construction, facility renovations and ongoing maintenance requirements.
Its service portfolio spans life safety and industrial services—such as fire suppression systems, fire alarms and emergency lighting—and specialized offerings including technical insulation, access solutions, passive fire protection and energy efficiency upgrades.
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