
APi Group Corporation (NYSE:APG – Free Report) – Equities researchers at William Blair lifted their FY2025 earnings per share estimates for shares of APi Group in a note issued to investors on Friday, October 31st. William Blair analyst T. Mulrooney now anticipates that the company will earn $1.42 per share for the year, up from their prior forecast of $1.41. The consensus estimate for APi Group’s current full-year earnings is $1.83 per share. William Blair also issued estimates for APi Group’s Q1 2026 earnings at $0.31 EPS and Q4 2026 earnings at $0.45 EPS.
Other equities research analysts have also recently issued research reports about the company. Wall Street Zen upgraded APi Group from a “hold” rating to a “buy” rating in a report on Sunday, July 13th. Weiss Ratings reiterated a “hold (c)” rating on shares of APi Group in a report on Thursday, October 30th. JPMorgan Chase & Co. raised shares of APi Group from a “neutral” rating to an “overweight” rating and boosted their target price for the company from $31.00 to $42.00 in a research note on Tuesday, July 15th. Citigroup boosted their target price on shares of APi Group from $42.00 to $43.00 and gave the company a “buy” rating in a research note on Friday, October 31st. Finally, Zacks Research downgraded shares of APi Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 15th. Eight analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $38.52.
APi Group Stock Performance
APG opened at $35.39 on Monday. The stock has a market cap of $14.72 billion, a P/E ratio of 96.51 and a beta of 1.64. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.48 and a quick ratio of 1.41. The stock’s 50 day simple moving average is $34.88 and its 200 day simple moving average is $33.20. APi Group has a 1-year low of $20.50 and a 1-year high of $37.04.
APi Group (NYSE:APG – Get Free Report) last released its quarterly earnings results on Thursday, October 30th. The company reported $0.41 earnings per share for the quarter, topping analysts’ consensus estimates of $0.39 by $0.02. The business had revenue of $2.09 billion for the quarter, compared to analysts’ expectations of $2.01 billion. APi Group had a return on equity of 21.86% and a net margin of 3.44%.The company’s revenue was up 14.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.51 EPS. APi Group has set its FY 2025 guidance at EPS.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its position in shares of APi Group by 2.0% during the second quarter. Vanguard Group Inc. now owns 23,493,777 shares of the company’s stock worth $1,199,357,000 after acquiring an additional 453,543 shares during the last quarter. Price T Rowe Associates Inc. MD increased its holdings in APi Group by 4.0% in the first quarter. Price T Rowe Associates Inc. MD now owns 16,249,205 shares of the company’s stock valued at $581,073,000 after buying an additional 621,761 shares during the last quarter. Durable Capital Partners LP increased its position in APi Group by 19.2% in the second quarter. Durable Capital Partners LP now owns 10,623,568 shares of the company’s stock worth $542,333,000 after buying an additional 1,712,397 shares during the period. State Street Corp increased its position in APi Group by 83.2% in the second quarter. State Street Corp now owns 7,150,845 shares of the company’s stock worth $365,051,000 after buying an additional 3,247,126 shares during the period. Finally, T. Rowe Price Investment Management Inc. increased its position in APi Group by 75.3% in the first quarter. T. Rowe Price Investment Management Inc. now owns 6,767,246 shares of the company’s stock worth $241,997,000 after buying an additional 2,906,783 shares during the period. 86.62% of the stock is owned by hedge funds and other institutional investors.
Insider Transactions at APi Group
In other news, Director Martin E. Franklin sold 1,200,000 shares of the firm’s stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $34.64, for a total transaction of $41,568,000.00. Following the sale, the director owned 19,868,790 shares in the company, valued at $688,254,885.60. This trade represents a 5.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Ian G. H. Ashken sold 205,550 shares of the stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $35.24, for a total value of $7,243,582.00. Following the completion of the transaction, the director directly owned 7,968,167 shares in the company, valued at $280,798,205.08. This trade represents a 2.51% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 1,785,000 shares of company stock worth $62,091,327 over the last quarter. 17.00% of the stock is currently owned by insiders.
About APi Group
APi Group Corporation provides safety and specialty services worldwide. It operates through Safety Services and Specialty Services segments. The Safety Services segment offers solutions focusing on end-to-end integrated occupancy systems, such as fire protection services; heating, ventilation, and air conditioning solutions; and entry systems, which include the design, installation, inspection, and service of these integrated systems.
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