APA Corporation $APA Position Boosted by HighTower Advisors LLC

HighTower Advisors LLC lifted its holdings in APA Corporation (NASDAQ:APA) by 13.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 514,390 shares of the company’s stock after purchasing an additional 59,641 shares during the period. HighTower Advisors LLC’s holdings in APA were worth $12,582,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Pacific Heights Asset Management LLC lifted its stake in APA by 29.4% during the fourth quarter. Pacific Heights Asset Management LLC now owns 550,000 shares of the company’s stock valued at $13,453,000 after purchasing an additional 125,000 shares during the last quarter. North Dakota State Investment Board acquired a new position in APA in the fourth quarter worth approximately $297,000. Elyxium Wealth LLC acquired a new position in APA in the fourth quarter worth approximately $64,000. Canada Post Corp Registered Pension Plan increased its holdings in shares of APA by 66.9% in the fourth quarter. Canada Post Corp Registered Pension Plan now owns 9,028 shares of the company’s stock valued at $221,000 after buying an additional 3,620 shares in the last quarter. Finally, Rahlfs Capital LLC lifted its position in shares of APA by 12.5% during the 4th quarter. Rahlfs Capital LLC now owns 58,700 shares of the company’s stock valued at $1,436,000 after acquiring an additional 6,500 shares during the last quarter. 83.01% of the stock is currently owned by institutional investors.

Trending Headlines about APA

Here are the key news stories impacting APA this week:

• Positive Sentiment: Zacks Research raised multiple earnings forecasts for APA, including FY2026, FY2027, and several quarterly estimates, suggesting improved profitability expectations.
• Positive Sentiment: Morgan Stanley increased its price target on APA to $44 from $43, indicating slightly better valuation expectations despite the cautious rating. Article Title
• Positive Sentiment: APA declared a quarterly dividend of $0.25 per share, which may appeal to income-focused investors and support the stock.
• Neutral Sentiment: APA management discussed the company in a shareholder/analyst call transcript, but no major new catalyst was highlighted in the provided excerpt. Article Title
• Negative Sentiment: VP Mark D. Maddox sold 9,800 shares, a insider sale that can be viewed cautiously by investors. Article Title
• Neutral Sentiment: An energy-sector article about Shell divesting Uruguay offshore interests is more relevant to the broader industry than to APA specifically. Article Title

Insider Buying and Selling

In related news, Director Matthew Regis Bob sold 23,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $36.23, for a total transaction of $833,290.00. Following the completion of the sale, the director directly owned 6,634 shares in the company, valued at approximately $240,349.82. This trade represents a 77.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, 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 transaction of $392,392.00. Following the transaction, the vice president directly owned 66,810 shares in the company, valued at $2,675,072.40. The trade was a 12.79% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.73% of the stock is owned by corporate insiders.

Analyst Ratings Changes

APA has been the subject of several research reports. Piper Sandler raised their price objective on APA from $30.00 to $37.00 and gave the stock a “neutral” rating in a research note on Thursday, March 12th. Stephens boosted their target price on APA from $24.00 to $45.00 and gave the stock an “equal weight” rating in a research report on Tuesday, March 31st. Zacks Research raised APA from a “hold” rating to a “strong-buy” rating in a report on Monday, April 27th. Raymond James Financial increased their price target on APA from $31.00 to $45.00 and gave the company an “outperform” rating in a research report on Wednesday, March 25th. Finally, Susquehanna boosted their price objective on APA from $37.00 to $47.00 and gave the stock a “positive” rating in a report on Tuesday, April 21st. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, seventeen have issued a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $40.12.

APA Stock Performance

Shares of APA stock opened at $38.80 on Monday. The stock has a market cap of $13.71 billion, a PE ratio of 9.04 and a beta of 0.38. The business has a fifty day simple moving average of $38.87 and a 200-day simple moving average of $30.67. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.58. APA Corporation has a 12 month low of $16.25 and a 12 month high of $45.66.

APA (NASDAQ:APA) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $1.38 earnings per share for the quarter, beating the consensus estimate of $1.11 by $0.27. The firm had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.13 billion. APA had a return on equity of 20.70% and a net margin of 17.38%.APA’s quarterly revenue was down 11.7% on a year-over-year basis. During the same period in the previous year, the firm earned $1.06 earnings per share. On average, sell-side analysts anticipate that APA Corporation will post 5.06 EPS for the current fiscal year.

APA Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 21st. Stockholders of record on Wednesday, July 22nd will be issued a $0.25 dividend. The ex-dividend date is Wednesday, July 22nd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.6%. APA’s dividend payout ratio is currently 23.31%.

About APA

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.