Impala Asset Management LLC Buys New Holdings in APA Corporation $APA

Impala Asset Management LLC purchased a new position in shares of APA Corporation (NASDAQ:APA) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm purchased 25,000 shares of the company’s stock, valued at approximately $1,061,000. APA comprises approximately 0.5% of Impala Asset Management LLC’s portfolio, making the stock its 23rd biggest holding.

A number of other large investors have also bought and sold shares of APA. Goldman Sachs Group Inc. boosted its stake in shares of APA by 76.9% during the fourth quarter. Goldman Sachs Group Inc. now owns 7,171,963 shares of the company’s stock valued at $175,426,000 after purchasing an additional 3,117,032 shares during the period. AQR Capital Management LLC increased its stake in shares of APA by 157.1% in the second quarter. AQR Capital Management LLC now owns 3,060,135 shares of the company’s stock worth $55,970,000 after buying an additional 1,869,891 shares during the period. Morgan Stanley increased its stake 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 buying an additional 1,864,900 shares during the period. First Trust Advisors LP raised its holdings in APA by 55.0% during the 1st quarter. First Trust Advisors LP now owns 4,154,301 shares of the company’s stock valued at $176,309,000 after buying an additional 1,473,626 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in APA by 9.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 15,321,936 shares of the company’s stock valued at $374,786,000 after buying an additional 1,291,706 shares during the last quarter. 83.01% of the stock is owned by hedge funds and other institutional investors.

APA Stock Up 1.1%

Shares of APA stock opened at $36.18 on Thursday. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.58. APA Corporation has a 12-month low of $17.86 and a 12-month high of $45.66. The company has a market cap of $12.79 billion, a P/E ratio of 8.43 and a beta of 0.35. The company’s fifty day simple moving average is $35.63 and its two-hundred day simple moving average is $33.82.

APA (NASDAQ:APA) last announced its earnings results on Wednesday, May 6th. The company reported $1.38 earnings per share for the quarter, beating analysts’ consensus estimates 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 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 quarter in the previous year, the firm posted $1.06 EPS. Research analysts anticipate that APA Corporation will post 4.92 EPS for the current year.

APA Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, August 21st. Stockholders of record on Wednesday, July 22nd will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date is Wednesday, July 22nd. APA’s dividend payout ratio (DPR) is presently 23.31%.

Analyst Upgrades and Downgrades

APA has been the subject of several analyst reports. Jefferies Financial Group increased 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. Capital One Financial increased their target price on shares of APA from $50.00 to $51.00 and gave the stock an “overweight” rating in a report on Tuesday, May 12th. JPMorgan Chase & Co. raised their target price on APA from $38.00 to $41.00 in a research note on Friday, May 8th. Truist Financial reduced their price target on APA from $39.00 to $38.00 and set a “hold” rating on the stock in a report on Friday, July 10th. Finally, Citigroup reaffirmed a “neutral” rating on shares of APA in a research report on Tuesday. Eight investment 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’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $40.35.

Key Headlines Impacting APA

Here are the key news stories impacting APA this week:

• Positive Sentiment: Zacks Research raised earnings estimates for APA in several future periods, including Q4 2027, Q2 2027, Q1 2027, Q4 2026, and FY2028, suggesting improved longer-term earnings potential.
• Neutral Sentiment: Zacks Research initiated or reiterated a Hold rating on APA and kept its FY2026 and Q2 2026 estimates in line with current expectations, which does not materially change the near-term outlook.
• Neutral Sentiment: Susquehanna lowered its price target on APA from $47 to $45, but maintained a positive rating, implying continued upside from current levels despite a slightly less bullish valuation view. Article: Susquehanna lowers APA price target
• Negative Sentiment: Some near-term earnings estimates were cut, including Q3 2026 and Q1 2028, which could temper enthusiasm if investors are focused on shorter-term results.

Insider Activity at APA

In related news, VP Mark D. Maddox sold 9,800 shares of APA stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $40.04, for a total transaction of $392,392.00. Following the sale, 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. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.73% of the stock is currently owned by insiders.

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.