Citigroup Issues Positive Forecast for APi Group (NYSE:APG) Stock Price

APi Group (NYSE:APG) had its target price hoisted by Citigroup from $55.00 to $57.00 in a research note published on Friday,Benzinga reports. They currently have a buy rating on the stock.

Several other brokerages have also recently issued reports on APG. Wall Street Zen cut APi Group from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Weiss Ratings raised 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 target price on APi Group and gave the company a “buy” rating in a report on Friday. Robert W. Baird set a $47.00 price target on APi Group in a research report on Friday, July 31st. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a $56.00 price target on shares of APi Group in a research note on Friday. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $54.67.

APi Group Trading Down 1.7%

Shares of APi Group stock opened at $44.24 on Friday. APi Group has a 12-month low of $34.87 and a 12-month high of $49.99. The company has a current ratio of 1.18, a quick ratio of 1.32 and a debt-to-equity ratio of 0.92. The stock has a market cap of $19.12 billion, a PE ratio of 26.48, a price-to-earnings-growth ratio of 2.01 and a beta of 1.57. The company has a 50-day moving average of $39.63 and a two-hundred day moving average of $41.92.

APi Group (NYSE:APG) last posted its quarterly earnings results on Thursday, October 29th. The company reported $0.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.47 by $0.03. The company had revenue of $2.55 billion during the quarter, compared to the consensus estimate of $2.40 billion. APi Group had a net margin of 4.12% and a return on equity of 38.31%. The company’s revenue for the quarter was up 22.5% on a year-over-year basis. During the same period last year, the firm earned $0.41 EPS. On average, research analysts anticipate that APi Group will post 1.74 EPS for the current fiscal year.

Insider Activity at APi Group

In other APi Group news, Director James E. Lillie sold 285,000 shares of the stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $39.84, for a total transaction of $11,354,400.00. Following the sale, the director owned 8,952,350 shares in the company, valued at approximately $356,661,624. This represents a 3.09% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ian G. H. Ashken sold 214,928 shares of the stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $39.91, for a total value of $8,577,776.48. Following the sale, the director owned 9,262,356 shares in the company, valued at approximately $369,660,627.96. This trade represents a 2.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 660,000 shares of company stock valued at $26,353,682 over the last 90 days. Insiders own 18.70% of the company’s stock.

Institutional Trading of APi Group

Several institutional investors and hedge funds have recently made changes to their positions in the stock. CoreCap Advisors LLC lifted its stake in shares of APi Group by 55.7% during the third quarter. CoreCap Advisors LLC now owns 716 shares of the company’s stock valued at $28,000 after buying an additional 256 shares during the period. Root Financial Partners LLC acquired a new stake in APi Group during the third quarter worth approximately $49,000. John Boyer Inc. acquired a new stake in APi Group during the third quarter worth approximately $61,000. Whittier Trust Co. grew its stake in APi Group by 84.4% in the 1st quarter. Whittier Trust Co. now owns 2,060 shares of the company’s stock worth $87,000 after acquiring an additional 943 shares during the period. Finally, EverSource Wealth Advisors LLC grew its stake in APi Group by 35.9% in the 1st quarter. EverSource Wealth Advisors LLC now owns 2,297 shares of the company’s stock worth $93,000 after acquiring an additional 607 shares during the period. 86.62% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about APi Group

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.

About APi Group

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.