Wells Fargo & Company Issues Positive Forecast for APi Group (NYSE:APG) Stock Price

APi Group (NYSE:APG) had its target price raised by Wells Fargo & Company from $53.00 to $60.00 in a research report sent to investors on Friday,Benzinga reports. Wells Fargo & Company currently has an overweight rating on the stock.

A number of other research analysts have also weighed in on APG. Truist Financial set a $58.00 price target on shares of APi Group and gave the company a “buy” rating in a research note on Friday. Jefferies Financial Group reiterated a “buy” rating and set a $56.00 price objective on shares of APi Group in a research note on Friday. Robert W. Baird set a $47.00 price target on APi Group in a research note on Friday, July 31st. Wall Street Zen cut APi Group from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. Finally, UBS Group set a $52.00 price objective on APi Group in a research note on Monday, July 20th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $54.67.

APi Group Stock Performance

APG opened at $44.24 on Friday. The firm has a fifty day moving average price of $39.63 and a 200 day moving average price of $41.92. The stock has a market cap of $19.12 billion, a P/E ratio of 26.48, a P/E/G ratio of 2.01 and a beta of 1.57. APi Group has a 1 year low of $34.87 and a 1 year high of $49.99. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.18 and a quick ratio of 1.32.

APi Group (NYSE:APG) last announced its earnings results on Thursday, October 29th. The company reported $0.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.47 by $0.03. APi Group had a return on equity of 38.31% and a net margin of 4.12%. The firm had revenue of $2.55 billion for the quarter, compared to analyst estimates of $2.40 billion. During the same quarter last year, the firm posted $0.41 EPS. The business’s revenue was up 22.5% on a year-over-year basis. Equities research analysts anticipate that APi Group will post 1.74 earnings per share for the current year.

Insider Transactions at APi Group

In other APi Group news, Director James Lillie sold 285,000 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $39.84, for a total value of $11,354,400.00. Following the transaction, the director directly owned 8,952,350 shares of the company’s stock, valued at $356,661,624. This trade represents a 3.09% 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 Ian Ashken sold 85,072 shares of the firm’s stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $40.36, for a total transaction of $3,433,505.92. Following the completion of the transaction, the director directly owned 9,177,284 shares in the company, valued at $370,395,182.24. This trade represents a 0.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 660,000 shares of company stock valued at $26,353,682. 18.70% of the stock is owned by insiders.

Institutional Trading of APi Group

Several large investors have recently added to or reduced their stakes in the stock. Root Financial Partners LLC raised its stake in APi Group by 20.3% during the first quarter. Root Financial Partners LLC now owns 1,256 shares of the company’s stock worth $51,000 after purchasing an additional 212 shares during the period. CoreCap Advisors LLC grew its stake in shares of APi Group by 55.7% in the 3rd quarter. CoreCap Advisors LLC now owns 716 shares of the company’s stock valued at $28,000 after buying an additional 256 shares during the period. Arista Wealth Management LLC grew its stake in shares of APi Group by 1.4% in the 2nd quarter. Arista Wealth Management LLC now owns 19,125 shares of the company’s stock valued at $810,000 after buying an additional 270 shares during the period. Fifth Third Wealth Advisors LLC grew its stake in shares of APi Group by 2.4% in the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 11,932 shares of the company’s stock valued at $461,000 after buying an additional 274 shares during the period. Finally, Baird Financial Group Inc. increased its holdings in shares of APi Group by 0.5% during the 2nd quarter. Baird Financial Group Inc. now owns 61,525 shares of the company’s stock worth $2,606,000 after buying an additional 277 shares during the last quarter. 86.62% of the stock is currently owned by hedge funds and other institutional investors.

APi Group News Roundup

Here are the key news stories impacting APi Group this week:

• Positive Sentiment: Record Q3 results: APi reported revenue of approximately $2.55 billion, up 22.5% year over year and ahead of the $2.40 billion consensus estimate. Adjusted EBITDA increased 24.6% to $350 million, while adjusted EPS of $0.50 exceeded expectations of $0.47 and rose from $0.41 a year earlier. APi Group Reports Record Third Quarter 2026 Financial Results and Raises Full-Year 2026 Outlook
• Positive Sentiment: Higher 2026 outlook: Management raised its full-year revenue forecast to $9.20 billion-$9.25 billion and adjusted EBITDA guidance to $1.235 billion-$1.255 billion, marking the third guidance increase this year. Management also cited double-digit organic growth, strong demand and a goal of reaching a 16% adjusted EBITDA margin by 2028. APi raises 2026 outlook
• Positive Sentiment: Analyst targets increased: Truist raised its APG price target to $58 from $55 while maintaining a Buy rating. Wells Fargo lifted its target to $60 from $53 and kept an Overweight rating, implying substantial upside from the referenced trading level. Truist Securities adjusts APi Group price target
• Neutral Sentiment: Institutional positioning was mixed: Several large investors added APG shares during the latest reporting quarter, while others—including Viking Global Investors—reduced or exited positions. This suggests continued institutional interest but not a uniform bullish view.
• Negative Sentiment: Insider selling may weigh on sentiment: Reported insider activity over the past six months consisted of sales rather than purchases, including sizable transactions by Martin Franklin, Ian Ashken and James Lillie. These sales do not necessarily reflect operating concerns, but they can create an overhang for investors.

About APi Group

APi Group Corporation (NYSE: APG) is a global provider of safety, specialty and industrial services. The company serves commercial, industrial and infrastructure customers through a network of operating businesses that provide services designed to protect people, property and critical assets.

APi Group’s offerings include fire protection and life-safety systems, security services, heating, ventilation and air-conditioning services, industrial maintenance, specialty contracting and infrastructure services.