Vestcor Inc Has $1.75 Million Position in APA Corporation $APA

Vestcor Inc boosted its holdings in APA Corporation (NASDAQ:APA) by 179.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 72,259 shares of the company’s stock after buying an additional 46,440 shares during the quarter. Vestcor Inc’s holdings in APA were worth $1,754,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Deseret Mutual Benefit Administrators grew its holdings in APA by 276.7% during the 3rd quarter. Deseret Mutual Benefit Administrators now owns 1,213 shares of the company’s stock worth $29,000 after acquiring an additional 891 shares during the last quarter. Atlantic Union Bankshares Corp bought a new position in shares of APA during the third quarter valued at $34,000. Spire Wealth Management lifted its holdings in shares of APA by 179.6% during the third quarter. Spire Wealth Management now owns 1,521 shares of the company’s stock worth $37,000 after purchasing an additional 977 shares during the period. MAI Capital Management lifted its holdings in shares of APA by 76.5% during the second quarter. MAI Capital Management now owns 2,134 shares of the company’s stock worth $39,000 after purchasing an additional 925 shares during the period. Finally, Parkside Financial Bank & Trust grew its stake in shares of APA by 60.8% in the second quarter. Parkside Financial Bank & Trust now owns 2,645 shares of the company’s stock worth $48,000 after purchasing an additional 1,000 shares during the last quarter. 83.01% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages recently issued reports on APA. TD Cowen raised APA to a “hold” rating in a research report on Monday, February 9th. BMO Capital Markets upped their price target on APA from $30.00 to $35.00 and gave the company a “market perform” rating in a research report on Tuesday, March 3rd. Johnson Rice raised APA from a “hold” rating to an “accumulate” rating and increased their price target for the company from $35.00 to $40.00 in a research note on Thursday, December 4th. Raymond James Financial restated an “outperform” rating and set a $31.00 price objective on shares of APA in a research report on Monday, November 24th. Finally, Jefferies Financial Group upped their target price on APA from $22.00 to $26.00 in a report on Monday. Seven research analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $29.63.

Trending Headlines about APA

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 Stock Up 3.6%

Shares of NASDAQ: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. APA Corporation has a 52-week low of $13.58 and a 52-week high of $33.78. The business’s 50 day simple moving average is $27.51 and its two-hundred day simple moving average is $25.20. The firm has a market cap of $11.65 billion, a P/E ratio of 8.26, a PEG ratio of 16.50 and a beta of 0.67.

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

APA Announces Dividend

The firm also recently declared 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 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date is Wednesday, April 22nd. APA’s payout ratio is 25.06%.

APA 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.