Wealthquest Corp Buys 18,888 Shares of APA Corporation $APA

Wealthquest Corp grew its stake in APA Corporation (NASDAQ:APA) by 10.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 196,129 shares of the company’s stock after acquiring an additional 18,888 shares during the period. APA accounts for approximately 0.4% of Wealthquest Corp’s holdings, making the stock its 24th largest position. Wealthquest Corp’s holdings in APA were worth $4,797,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the stock. Coldstream Capital Management Inc. increased its position in APA by 1.4% during the fourth quarter. Coldstream Capital Management Inc. now owns 28,171 shares of the company’s stock worth $689,000 after buying an additional 396 shares during the last quarter. Patriot Financial Group Insurance Agency LLC boosted its holdings in shares of APA by 3.2% during the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 14,648 shares of the company’s stock worth $358,000 after acquiring an additional 461 shares during the period. Howard Capital Management Inc. raised its position in shares of APA by 0.5% in the third quarter. Howard Capital Management Inc. now owns 94,848 shares of the company’s stock valued at $2,303,000 after buying an additional 485 shares in the last quarter. one8zero8 LLC raised its position in shares of APA by 1.2% in the third quarter. one8zero8 LLC now owns 42,254 shares of the company’s stock valued at $1,026,000 after buying an additional 488 shares in the last quarter. Finally, Arizona State Retirement System raised its position in shares of APA by 0.5% in the third quarter. Arizona State Retirement System now owns 106,734 shares of the company’s stock valued at $2,592,000 after buying an additional 517 shares in the last quarter. Institutional investors own 83.01% of the company’s stock.

APA Price Performance

Shares of NASDAQ:APA opened at $38.80 on Monday. The company has a fifty day moving average of $38.87 and a 200-day moving average of $30.67. The company has a market capitalization of $13.71 billion, a PE ratio of 9.04 and a beta of 0.38. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.92 and a current ratio of 0.92. APA Corporation has a 52-week low of $16.25 and a 52-week high of $45.66.

APA (NASDAQ:APA) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $1.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.11 by $0.27. The company had revenue of $2.33 billion during the quarter, compared to the consensus estimate of $2.13 billion. APA had a net margin of 17.38% and a return on equity of 20.70%. The company’s revenue for the quarter was down 11.7% compared to the same quarter last year. During the same period in the prior year, the business earned $1.06 earnings per share. On average, equities analysts predict that APA Corporation will post 5.06 EPS for the current fiscal year.

APA Dividend Announcement

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

Insider Buying and Selling at APA

In related news, VP Mark D. Maddox sold 9,800 shares of the business’s stock in a transaction 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 sale, the vice president owned 66,810 shares of the company’s stock, valued at $2,675,072.40. The trade was a 12.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Matthew Regis Bob sold 23,000 shares of the business’s stock in a transaction on Wednesday, March 18th. The stock was 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 represents a 77.61% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.73% of the company’s stock.

Wall Street Analyst Weigh In

APA has been the subject of a number of analyst reports. Jefferies Financial Group lifted their price target on shares of APA from $26.00 to $36.00 and gave the company a “hold” rating in a research report on Monday, April 13th. Wolfe Research boosted their price objective on shares of APA from $45.00 to $47.00 and gave the company an “outperform” rating in a research report on Monday, April 6th. BMO Capital Markets lowered their price objective on shares of APA from $47.00 to $45.00 and set a “market perform” rating for the company in a research report on Wednesday, May 13th. The Goldman Sachs Group boosted their price objective on shares of APA from $31.00 to $34.00 and gave the company a “sell” rating in a research report on Tuesday, May 19th. Finally, Barclays upgraded shares of APA from an “underweight” rating to an “equal weight” rating and set a $35.00 price objective for the company in a research report on Monday, March 23rd. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, seventeen have assigned a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $40.12.

APA News Roundup

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

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.