APA (NASDAQ:APA – Free Report) had its price target raised by The Goldman Sachs Group from $29.00 to $30.00 in a report published on Monday,MarketScreener reports. They currently have a sell rating on the stock.
A number of other equities analysts also recently issued reports on APA. Susquehanna raised their price objective on APA from $32.00 to $37.00 and gave the stock a “positive” rating in a research report on Tuesday, March 3rd. TD Cowen upgraded APA to a “hold” rating in a report on Monday, February 9th. Piper Sandler increased their target price on shares of APA from $30.00 to $37.00 and gave the company a “neutral” rating in a research report on Thursday, March 12th. Bank of America raised their price target on shares of APA from $23.00 to $27.00 and gave the stock an “underperform” rating in a report on Monday, March 16th. Finally, Sanford C. Bernstein dropped their price target on shares of APA from $26.00 to $25.00 and set a “market perform” rating on the stock in a research report on Monday, January 5th. Seven analysts have rated the stock with a Buy rating, twenty have given a Hold rating and four have given a Sell rating to the stock. According to MarketBeat.com, APA has a consensus rating of “Hold” and a consensus target price of $32.23.
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APA Stock Performance
APA (NASDAQ:APA – Get Free Report) last announced its earnings results on Wednesday, February 25th. The company reported $0.91 EPS for the quarter, topping 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 for the quarter, compared to the consensus estimate of $1.89 billion. During the same period in the previous year, the business earned $0.79 EPS. The business’s quarterly revenue was down 26.6% compared to the same quarter last year. Sell-side analysts expect that APA will post 4.03 EPS for the current year.
APA Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, May 22nd. Investors of record on Wednesday, April 22nd will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Wednesday, April 22nd. This represents a $1.00 annualized dividend and a yield of 2.4%. APA’s dividend payout ratio (DPR) is currently 25.06%.
Insiders Place Their Bets
In other APA news, Director Matthew Regis Bob sold 23,000 shares of APA stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $36.23, for a total value of $833,290.00. Following the completion of the sale, the director directly owned 6,634 shares in the company, valued at approximately $240,349.82. The trade was a 77.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.69% of the company’s stock.
Institutional Trading of APA
Several large investors have recently modified their holdings of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of APA by 6.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 33,300 shares of the company’s stock valued at $700,000 after acquiring an additional 2,070 shares during the period. NewEdge Advisors LLC grew its holdings in APA by 49.6% in the first quarter. NewEdge Advisors LLC now owns 10,785 shares of the company’s stock worth $227,000 after purchasing an additional 3,578 shares during the period. Goldman Sachs Group Inc. grew its holdings in APA by 43.3% in the first quarter. Goldman Sachs Group Inc. now owns 2,668,505 shares of the company’s stock worth $56,092,000 after purchasing an additional 806,252 shares during the period. Focus Partners Wealth increased its stake in APA by 10.6% in the first quarter. Focus Partners Wealth now owns 44,833 shares of the company’s stock valued at $942,000 after purchasing an additional 4,297 shares in the last quarter. Finally, Creative Planning raised its holdings in shares of APA by 101.6% during the second quarter. Creative Planning now owns 141,758 shares of the company’s stock valued at $2,593,000 after purchasing an additional 71,451 shares during the period. Institutional investors and hedge funds own 83.01% of the company’s stock.
Key Headlines Impacting APA
Here are the key news stories impacting APA this week:
- Positive Sentiment: APA reported a new natural gas discovery in Egypt’s Western Desert, which could accelerate local production, lower lifting costs and support Egypt’s push to cut energy imports — a clear operational catalyst for future volumes and cash flow. APA’s New Gas Discovery Strengthens Egypt’s Energy Outlook Zacks: APA’s New Gas Discovery Strengthens Egypt’s Energy Outlook
- Positive Sentiment: Raymond James bumped its price target to $45 and kept an “Outperform” rating, signaling stronger sell‑side conviction on APA’s earnings/cash‑flow trajectory. Raymond James adjusts price target on APA to $45
- Positive Sentiment: Coverage notes from Goldman‑linked commentary flagged upside potential, adding to bullish analyst chatter that supports momentum into the near term. APA Stock Price Expected to Rise, The Goldman Sachs Group Analyst Says
- Positive Sentiment: Reported short‑interest has declined from prior levels (29.7M shares, ~8.5% of float as of March 13), reducing one potential headwind and lowering the risk of short‑driven volatility. (Data summary from recent short‑interest reports.)
- Neutral Sentiment: Barclays moved APA to Equal Weight — an upgrade that narrows downside risk vs. prior view but is not an outright buy signal. Barclays Upgrades APA to Equal Weight
- Neutral Sentiment: Evercore raised its price target to $40 but left an in‑line/neutral rating, reflecting higher valuation assumptions but guarded expectations about near‑term upside. Evercore adjusts APA price target to $40
- Neutral Sentiment: Truist initiated coverage with a Hold and a $38 target, adding a cautious voice that could temper upside from bullish calls. Truist initiates coverage of APA with Hold
- Neutral Sentiment: Some short‑interest data feeds showed inconsistent zero values (likely reporting glitches); treat those as noisy — rely on confirmed filings for position sizing and risk.
- Negative Sentiment: Separately, valuation caution articles ask whether recent multi‑year gains already price in APA’s upside — a reminder that stretched multiples or expectations could lead to pullbacks if execution or commodity prices disappoint. Is It Too Late To Consider APA After Its Strong Multi‑Year Share Price Run?
About APA
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.
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