108,134 Shares in APA Corporation $APA Purchased by Oak Associates Ltd. OH

Oak Associates Ltd. OH bought a new position in APA Corporation (NASDAQ:APA) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 108,134 shares of the company’s stock, valued at approximately $4,589,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Goldman Sachs Group Inc. raised its holdings in APA by 76.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 7,171,963 shares of the company’s stock valued at $175,426,000 after acquiring an additional 3,117,032 shares during the period. AQR Capital Management LLC lifted its position in shares of APA by 157.1% during the second quarter. AQR Capital Management LLC now owns 3,060,135 shares of the company’s stock worth $55,970,000 after acquiring an additional 1,869,891 shares in the last quarter. Morgan Stanley boosted its holdings in shares of APA by 21.8% in the fourth quarter. Morgan Stanley now owns 10,425,586 shares of the company’s stock worth $255,010,000 after acquiring an additional 1,864,900 shares during the period. First Trust Advisors LP boosted its holdings in shares of APA by 55.0% in the first quarter. First Trust Advisors LP now owns 4,154,301 shares of the company’s stock worth $176,309,000 after acquiring an additional 1,473,626 shares during the period. Finally, Dimensional Fund Advisors LP grew its position in shares of APA by 9.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 15,321,936 shares of the company’s stock valued at $374,786,000 after purchasing an additional 1,291,706 shares in the last quarter. Institutional investors own 83.01% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. UBS Group decreased their price objective on APA from $45.00 to $41.00 and set a “neutral” rating on the stock in a research note on Wednesday, July 15th. Sanford C. Bernstein lifted their target price on APA from $37.00 to $40.00 and gave the company a “market perform” rating in a report on Wednesday, May 20th. Capital One Financial lifted their target price on APA from $50.00 to $51.00 and gave the company an “overweight” rating in a report on Tuesday, May 12th. The Goldman Sachs Group decreased their price target on APA from $34.00 to $32.00 and set a “sell” rating on the stock in a research report on Tuesday, June 30th. Finally, Susquehanna lowered their price target on shares of APA from $47.00 to $45.00 and set a “positive” rating on the stock in a report on Tuesday. Eight research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $40.35.

APA Price Performance

NASDAQ:APA opened at $36.42 on Friday. APA Corporation has a 52-week low of $17.86 and a 52-week high of $45.66. The stock has a fifty day moving average of $35.62 and a 200 day moving average of $33.90. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.92 and a current ratio of 0.92. The firm has a market capitalization of $12.87 billion, a price-to-earnings ratio of 8.49 and a beta of 0.35.

APA (NASDAQ:APA) last announced its earnings results on Wednesday, May 6th. The company reported $1.38 earnings per share for the quarter, topping analysts’ consensus estimates of $1.11 by $0.27. APA had a return on equity of 20.70% and a net margin of 17.38%.The business had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.13 billion. During the same period in the prior year, the company earned $1.06 EPS. The company’s quarterly revenue was down 11.7% compared to the same quarter last year. On average, research analysts expect that APA Corporation will post 4.92 EPS for the current fiscal year.

APA Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 21st. Investors of record on Wednesday, July 22nd will be given a $0.25 dividend. The ex-dividend date is Wednesday, July 22nd. This represents a $1.00 dividend on an annualized basis and a yield of 2.7%. APA’s payout ratio is presently 23.31%.

Key Stories Impacting APA

Here are the key news stories impacting APA this week:

• Positive Sentiment: Zacks Research raised its FY2027 earnings estimate for APA to $2.99 per share from $2.60, which can support the stock by signaling improved longer-term profitability expectations. Zacks Research Issues Positive Estimate for APA Earnings
• Positive Sentiment: Zacks Research also lifted its Q4 2027 EPS forecast to $0.69 from $0.47, reinforcing a more constructive outlook for future earnings power. Zacks Research Issues Positive Estimate for APA Earnings
• Neutral Sentiment: Zacks Research kept a Hold rating on APA and maintained FY2026 EPS estimates at $4.22, suggesting the outlook is improving but not dramatically changing near-term consensus. Susquehanna Issues Pessimistic Forecast for APA (NASDAQ:APA) Stock Price
• Negative Sentiment: Some of the analyst action remained cautious, including lower near-term EPS estimates such as Q3 2026, which may temper enthusiasm around the stock. Susquehanna Issues Pessimistic Forecast for APA (NASDAQ:APA) Stock Price

Insider Transactions at APA

In other news, VP Mark D. Maddox sold 9,800 shares of the business’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $40.04, for a total value of $392,392.00. Following the completion of the sale, the vice president directly owned 66,810 shares in the company, valued at approximately $2,675,072.40. The trade was a 12.79% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.73% of the stock is currently owned by corporate insiders.

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.