APA Corporation $APA Shares Bought by Jaffetilchin Investment Partners LLC

Jaffetilchin Investment Partners LLC grew its stake in APA Corporation (NASDAQ:APA) by 91.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 45,771 shares of the company’s stock after acquiring an additional 21,901 shares during the quarter. Jaffetilchin Investment Partners LLC’s holdings in APA were worth $1,120,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in APA. Deseret Mutual Benefit Administrators increased its position 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 purchasing an additional 891 shares in the last quarter. Atlantic Union Bankshares Corp purchased a new position in APA in the 3rd quarter valued at about $34,000. Spire Wealth Management boosted its stake in shares of APA by 179.6% during the 3rd 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 last quarter. Community Bank N.A. acquired a new stake in shares of APA during the 3rd quarter worth about $43,000. Finally, LRI Investments LLC grew its holdings in shares of APA by 4,697.7% during the third quarter. LRI Investments LLC now owns 2,063 shares of the company’s stock worth $50,000 after buying an additional 2,020 shares in the last quarter. Institutional investors and hedge funds own 83.01% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the stock. Truist Financial assumed coverage on shares of APA in a research report on Tuesday, March 24th. They issued a “hold” rating and a $38.00 price objective for the company. Barclays raised shares of APA from an “underweight” rating to an “equal weight” rating and set a $35.00 target price for the company in a research note on Monday, March 23rd. The Goldman Sachs Group boosted their price target on APA from $29.00 to $30.00 and gave the company a “sell” rating in a report on Monday, March 23rd. Bank of America increased their price target on APA from $23.00 to $27.00 and gave the stock an “underperform” rating in a research note on Monday, March 16th. Finally, Capital One Financial raised their price objective on APA from $32.00 to $51.00 and gave the stock an “overweight” rating in a report on Wednesday, March 25th. Seven research analysts have rated the stock with a Buy rating, twenty have issued a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat, APA currently has a consensus rating of “Hold” and a consensus target price of $35.38.

APA Price Performance

APA opened at $42.44 on Wednesday. APA Corporation has a 1 year low of $13.58 and a 1 year high of $45.66. The company’s 50 day simple moving average is $31.40 and its 200 day simple moving average is $26.82. The stock has a market capitalization of $14.99 billion, a PE ratio of 10.64 and a beta of 0.67. 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 (NASDAQ:APA) last issued its quarterly 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. The firm had revenue of $1.99 billion during the quarter, compared to analyst estimates of $1.89 billion. APA had a net margin of 15.55% and a return on equity of 19.89%. APA’s revenue for the quarter was down 26.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.79 earnings per share. As a group, sell-side analysts expect that APA Corporation will post 4.03 EPS for the current year.

APA Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 22nd. Stockholders of record on Wednesday, April 22nd will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Wednesday, April 22nd. APA’s dividend payout ratio is presently 25.06%.

Key Stories Impacting APA

Here are the key news stories impacting APA this week:

• Positive Sentiment: Stephens raised its price target to $45 (from $24) and kept an “equal weight” rating — a meaningful upward revision that signals improved analyst conviction on valuation. Stephens adjusts price target on APA
• Positive Sentiment: Citigroup also lifted its price target to $45 (from $25) while keeping a “neutral” rating — another upward target re-rate that supports upside consensus near the mid-$40s. Citigroup raises APA price target
• Positive Sentiment: Zacks Research nudged its FY2028 EPS estimate slightly higher to $2.69 (from $2.64), a small fundamental upgrade to forward earnings assumptions (Zacks maintains a “Hold”).
• Neutral Sentiment: Multiple bullish independent write-ups and summaries (Yahoo, MSN, InsiderMonkey) are circulating analyses arguing for APA’s investment case — these can attract longer-term investors but may not move price immediately. Is APA a good stock to buy?
• Neutral Sentiment: News that APA Solar is expanding a manufacturing campus in Northwest Ohio is positive for that business line but appears peripheral to APA Corporation’s core oil & gas operations; impact on APA Corp. is uncertain. APA Solar expands manufacturing campus
• Negative Sentiment: Zacks published that “APA stock sinks as market gains” — the headline and coverage indicate the stock declined today despite analyst target upgrades, suggesting profit-taking, short-term rotation, or sector-level forces outweighed positive fundamental/target revisions. APA Stock Sinks As Market Gains

Insider Buying and Selling at APA

In related news, Director Matthew Regis Bob sold 23,000 shares of the stock in a transaction 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 transaction, the director directly owned 6,634 shares of the company’s stock, valued at approximately $240,349.82. This trade represents a 77.61% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 1.30% of the company’s stock.

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.