Rahlfs Capital LLC Makes New $1.27 Million Investment in APA Corporation $APA

Rahlfs Capital LLC acquired a new stake in APA Corporation (NASDAQ:APA) during the third quarter, according to its most recent filing with the SEC. The firm acquired 52,200 shares of the company’s stock, valued at approximately $1,267,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Howard Capital Management Inc. lifted its stake in shares of APA by 0.5% during the third quarter. Howard Capital Management Inc. now owns 94,848 shares of the company’s stock valued at $2,303,000 after acquiring an additional 485 shares during the period. one8zero8 LLC raised its holdings in APA by 1.2% during the 3rd quarter. one8zero8 LLC now owns 42,254 shares of the company’s stock worth $1,026,000 after purchasing an additional 488 shares during the last quarter. Arizona State Retirement System lifted its position in APA by 0.5% during the 3rd quarter. Arizona State Retirement System now owns 106,734 shares of the company’s stock valued at $2,592,000 after purchasing an additional 517 shares during the period. Steward Partners Investment Advisory LLC lifted its position in APA by 19.6% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 3,349 shares of the company’s stock valued at $61,000 after purchasing an additional 550 shares during the period. Finally, Marco Investment Management LLC boosted its stake in shares of APA by 1.2% in the 2nd quarter. Marco Investment Management LLC now owns 55,573 shares of the company’s stock valued at $1,016,000 after purchasing an additional 662 shares during the last quarter. 83.01% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on APA shares. TD Cowen raised shares of APA to a “hold” rating in a research note on Monday, February 9th. JPMorgan Chase & Co. upped their target price on shares of APA from $25.00 to $29.00 and gave the company a “neutral” rating in a research report on Friday, February 27th. Stephens raised their price target on APA from $23.00 to $24.00 and gave the stock an “equal weight” rating in a research report on Tuesday, February 17th. Piper Sandler lifted their price objective on APA from $22.00 to $23.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 18th. Finally, Susquehanna increased their target price on APA from $32.00 to $37.00 and gave the company a “positive” rating in a research note on Tuesday. Seven investment analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat.com, APA currently has a consensus rating of “Hold” and a consensus price target of $28.00.

Key APA News

Here are the key news stories impacting APA this week:

• Positive Sentiment: APA beat Q4 EPS estimates (reported $0.91 vs. consensus $0.62); management cited stronger output and lower costs that offset weak oil & gas prices — this earnings surprise is the primary bullish catalyst. Article Title
• Positive Sentiment: Susquehanna raised its price target to $37 (from $32) and maintained a positive rating — a materially higher target that supports upside expectations. Article Title
• Positive Sentiment: BMO Capital Markets lifted its target to $35 (from $30) while keeping a market-perform rating, which still signals modest upside from current levels. Article Title
• Positive Sentiment: UBS raised its price target to $34 (from $30) and kept a neutral rating — another upward revision that adds analyst support for the name. Article Title
• Neutral Sentiment: Short-interest data in the feed is inconsistent (reports show 0 shares and NaN changes); this looks like a reporting glitch and is unlikely to explain the stock move. Investors should treat these short-interest figures as unreliable until clarified.
• Negative Sentiment: A separate analyst note listed a $29 price target (raised in that report) which is below current trading levels and would be a less bullish signal if adopted more widely. Article Title

APA Trading Up 0.5%

NASDAQ:APA opened at $31.85 on Wednesday. The company has a market cap of $11.25 billion, a P/E ratio of 7.98, a price-to-earnings-growth ratio of 15.40 and a beta of 0.67. APA Corporation has a twelve month low of $13.58 and a twelve month high of $32.78. The business has a 50 day moving average price of $26.57 and a two-hundred day moving average price of $24.74. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.61.

APA (NASDAQ:APA) last announced its quarterly earnings data on Wednesday, February 25th. The company reported $0.91 EPS for the quarter, topping analysts’ consensus estimates of $0.62 by $0.29. APA had a net margin of 15.55% and a return on equity of 19.89%. The business had revenue of $1.99 billion for the quarter, compared to analyst estimates of $1.89 billion. During the same quarter in the previous year, the firm posted $0.79 earnings per share. The firm’s revenue for the quarter was down 26.6% on a year-over-year basis. As a group, analysts expect that APA Corporation will post 4.03 EPS for the current fiscal year.

APA Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 22nd. Stockholders of record on Wednesday, April 22nd will be paid a dividend of $0.25 per share. The ex-dividend date is Wednesday, April 22nd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.1%. APA’s dividend payout ratio is currently 25.06%.

APA Company 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.