JPMorgan Chase & Co. Issues Positive Forecast for APi Group (NYSE:APG) Stock Price

APi Group (NYSE:APG – Get Free Report) had its target price upped by stock analysts at JPMorgan Chase & Co. from $50.00 to $55.00 in a research report issued on Friday, Benzinga reports. The firm presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price objective would indicate a potential upside of 24.32% from the company’s current price.

Other analysts have also issued reports about the company. Citigroup lifted their price objective on APi Group from $55.00 to $57.00 and gave the stock a “buy” rating in a research report on Friday. Wells Fargo & Company boosted their price target on APi Group from $53.00 to $60.00 and gave the company an “overweight” rating in a research note on Friday. Weiss Ratings upgraded shares of APi Group from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, October 21st. Truist Financial set a $58.00 price objective on shares of APi Group and gave the stock a “buy” rating in a report on Friday. Finally, Robert W. Baird set a $47.00 price objective on APi Group in a report on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, APi Group currently has an average rating of “Buy” and an average target price of $54.67.

Check Out Our Latest Stock Report on APG

APi Group Stock Down 1.7%

Shares of APG traded down $0.78 during midday trading on Friday, hitting $44.24. The company had a trading volume of 3,998,811 shares, compared to its average volume of 2,932,988. The company has a quick ratio of 1.32, a current ratio of 1.39 and a debt-to-equity ratio of 0.91. APi Group has a 52 week low of $34.87 and a 52 week high of $49.99. The company’s 50 day moving average price is $39.59 and its 200 day moving average price is $41.91. The stock has a market cap of $19.12 billion, a price-to-earnings ratio of -66.03, a PEG ratio of 1.86 and a beta of 1.57.

APi Group (NYSE:APG – Get Free Report) last announced its earnings results on Thursday, October 29th. The company reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.03. APi Group had a return on equity of 37.59% and a net margin of 3.99%. The business had revenue of $2.55 billion during the quarter, compared to analysts’ expectations of $2.40 billion. During the same quarter last year, the business posted $0.41 earnings per share. The company’s quarterly revenue was up 22.5% on a year-over-year basis. On average, equities research analysts predict that APi Group will post 1.73 EPS for the current year.

Insider Buying and Selling

In related news, Director Ian Ashken sold 214,928 shares of the company’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $39.91, for a total transaction of $8,577,776.48. Following the transaction, the director owned 9,262,356 shares of the company’s stock, valued at $369,660,627.96. This represents a 2.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director James Lillie sold 285,000 shares of the firm’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $39.84, for a total value of $11,354,400.00. Following the completion of the transaction, the director directly owned 8,952,350 shares in the company, valued at $356,661,624. This trade represents a 3.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 660,000 shares of company stock worth $26,353,682. Insiders own 18.70% of the company’s stock.

Institutional Investors Weigh In On APi Group

A number of institutional investors have recently made changes to their positions in APG. Janus Henderson Group PLC increased its position in shares of APi Group by 1.1% in the first quarter. Janus Henderson Group PLC now owns 23,367,041 shares of the company’s stock worth $946,846,000 after purchasing an additional 250,873 shares during the last quarter. Montrusco Bolton Investments Inc. grew its stake in shares of APi Group by 50.5% during the 1st quarter. Montrusco Bolton Investments Inc. now owns 4,652,145 shares of the company’s stock worth $183,537,000 after purchasing an additional 1,561,990 shares during the period. Bank of New York Mellon Corp purchased a new position in shares of APi Group in the second quarter valued at approximately $93,030,000. Cooke & Bieler LP increased its position in APi Group by 13.6% during the third quarter. Cooke & Bieler LP now owns 2,030,753 shares of the company’s stock worth $78,387,000 after buying an additional 243,225 shares during the period. Finally, Sei Investments Co. increased its holdings in APi Group by 0.4% during the 1st quarter. Sei Investments Co. now owns 1,046,852 shares of the company’s stock valued at $42,419,000 after acquiring an additional 3,999 shares in the last quarter. Institutional investors own 86.62% of the company’s stock.

APi Group News Summary

Here are the key news stories impacting APi Group this week:

  • Positive Sentiment: Record Q3 results: APi reported revenue of approximately $2.55 billion, up 22.5% year over year and ahead of the $2.40 billion consensus estimate. Adjusted EBITDA increased 24.6% to $350 million, while adjusted EPS of $0.50 exceeded expectations of $0.47 and rose from $0.41 a year earlier. APi Group Reports Record Third Quarter 2026 Financial Results and Raises Full-Year 2026 Outlook
  • Positive Sentiment: Higher 2026 outlook: Management raised its full-year revenue forecast to $9.20 billion-$9.25 billion and adjusted EBITDA guidance to $1.235 billion-$1.255 billion, marking the third guidance increase this year. Management also cited double-digit organic growth, strong demand and a goal of reaching a 16% adjusted EBITDA margin by 2028. APi raises 2026 outlook
  • Positive Sentiment: Analyst targets increased: Truist raised its APG price target to $58 from $55 while maintaining a Buy rating. Wells Fargo lifted its target to $60 from $53 and kept an Overweight rating, implying substantial upside from the referenced trading level. Truist Securities adjusts APi Group price target
  • Neutral Sentiment: Institutional positioning was mixed: Several large investors added APG shares during the latest reporting quarter, while others—including Viking Global Investors—reduced or exited positions. This suggests continued institutional interest but not a uniform bullish view.
  • Negative Sentiment: Insider selling may weigh on sentiment: Reported insider activity over the past six months consisted of sales rather than purchases, including sizable transactions by Martin Franklin, Ian Ashken and James Lillie. These sales do not necessarily reflect operating concerns, but they can create an overhang for investors.

APi Group Company Profile

(Get Free Report)

APi Group Corporation (NYSE: APG) is a global provider of safety, specialty and industrial services. The company serves commercial, industrial and infrastructure customers through a network of operating businesses that provide services designed to protect people, property and critical assets.

APi Group’s offerings include fire protection and life-safety systems, security services, heating, ventilation and air-conditioning services, industrial maintenance, specialty contracting and infrastructure services.

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Analyst Recommendations for APi Group (NYSE:APG)

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