APi Group (NYSE:APG) Announces Earnings Results

APi Group (NYSE:APG) released its earnings results on Thursday. The company reported $0.44 EPS for the quarter, topping analysts’ consensus estimates of $0.43 by $0.01, FiscalAI reports. The company had revenue of $2.25 billion for the quarter, compared to the consensus estimate of $2.20 billion. APi Group had a return on equity of 37.63% and a net margin of 3.85%.APi Group’s quarterly revenue was up 13.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.39 EPS.

Here are the key takeaways from APi Group’s conference call:

• Q2 results exceeded expectations, with revenue up 13.3% to $2.25 billion, organic growth of 10.1%, adjusted EBITDA up 14.3%, and adjusted EPS rising 12.8% to $0.44.
• Management raised full-year 2026 guidance to $8.875–$9.025 billion of revenue and $1.205–$1.245 billion of adjusted EBITDA, reflecting confidence in continued demand and a strong second-half outlook.
• Specialty Services delivered 22% organic growth and a 60-basis-point increase in segment earnings margin, while companywide backlog surpassed $5 billion for the first time; data centers remained a major growth driver.
• Cash generation and the balance sheet remain strong, with $228 million of adjusted free cash flow year to date, 2.2x net leverage, a $66 million share repurchase, and continued capacity for acquisitions and reinvestment.
• International Safety Services was flat for the quarter, affected by Middle East-related macro pressure, project delays, and pruning of lower-performing customers; management expects improvement but acknowledged that further work is needed to shift the business toward recurring service revenue.

APi Group Stock Performance

Shares of APi Group stock traded up $0.67 on Thursday, reaching $39.12. 6,423,293 shares of the company were exchanged, compared to its average volume of 2,883,688. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.36 and a current ratio of 1.44. The company’s 50-day moving average is $41.40 and its two-hundred day moving average is $42.74. The firm has a market cap of $16.95 billion, a price-to-earnings ratio of -55.09, a P/E/G ratio of 2.30 and a beta of 1.60. APi Group has a 1-year low of $33.40 and a 1-year high of $49.99.

Insider Buying and Selling

In related news, Director Ian G. H. Ashken sold 65,534 shares of the business’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $45.49, for a total transaction of $2,981,141.66. Following the completion of the transaction, the director owned 9,477,284 shares in the company, valued at $431,121,649.16. The trade was a 0.69% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Anthony E. Malkin sold 7,000 shares of the company’s stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $42.47, for a total value of $297,290.00. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 3,451,000 shares of company stock worth $149,194,935. Company insiders own 18.70% of the company’s stock.

Hedge Funds Weigh In On APi Group

Institutional investors have recently modified their holdings of the company. Caitong International Asset Management Co. Ltd lifted its position in APi Group by 1,851.3% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 761 shares of the company’s stock valued at $29,000 after purchasing an additional 722 shares during the last quarter. Parallel Advisors LLC grew its position in APi Group by 55.3% in the 3rd quarter. Parallel Advisors LLC now owns 834 shares of the company’s stock worth $29,000 after purchasing an additional 297 shares during the last quarter. Silicon Valley Capital Partners grew its position in APi Group by 50.0% in the 3rd quarter. Silicon Valley Capital Partners now owns 858 shares of the company’s stock worth $29,000 after purchasing an additional 286 shares during the last quarter. EFG International AG acquired a new stake in shares of APi Group in the fourth quarter valued at approximately $37,000. Finally, CIBC Private Wealth Group LLC increased its stake in shares of APi Group by 263.7% in the fourth quarter. CIBC Private Wealth Group LLC now owns 1,051 shares of the company’s stock valued at $40,000 after purchasing an additional 762 shares during the period. Institutional investors own 86.62% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. Citigroup reissued a “buy” rating and set a $53.00 price target (up from $52.00) on shares of APi Group in a research report on Friday, May 1st. Weiss Ratings downgraded shares of APi Group from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, June 11th. Barclays reiterated an “overweight” rating and set a $54.00 target price (up from $52.00) on shares of APi Group in a research note on Thursday, May 7th. Truist Financial set a $55.00 target price on shares of APi Group and gave the stock a “buy” rating in a report on Friday, May 1st. Finally, UBS Group set a $52.00 price target on shares of APi Group in a research report on Monday, July 20th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $53.17.

About APi Group

APi Group Corp. is a global specialty contractor that provides fire protection, security, mechanical insulation and energy services to commercial, industrial and institutional clients. Headquartered in New Brighton, Minnesota, the company designs, installs, inspects, tests, maintains and repairs a wide range of safety and infrastructure systems. Through its network of operating subsidiaries, APi Group delivers end-to-end solutions for new construction, facility renovations and ongoing maintenance requirements.

Its service portfolio spans life safety and industrial services—such as fire suppression systems, fire alarms and emergency lighting—and specialized offerings including technical insulation, access solutions, passive fire protection and energy efficiency upgrades.