Ulland Investment Advisors LLC Has $77,000 Stock Holdings in APi Group Corporation $APG

Ulland Investment Advisors LLC increased its holdings in APi Group Corporation (NYSE:APG) by 41.5% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,500 shares of the company’s stock after purchasing an additional 440 shares during the period. Ulland Investment Advisors LLC’s holdings in APi Group were worth $77,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in APi Group by 114.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,802,773 shares of the company’s stock worth $100,227,000 after purchasing an additional 1,495,268 shares in the last quarter. Knights of Columbus Asset Advisors LLC acquired a new position in APi Group in the second quarter worth about $718,000. Public Employees Retirement System of Ohio increased its holdings in shares of APi Group by 6.7% during the second quarter. Public Employees Retirement System of Ohio now owns 77,802 shares of the company’s stock worth $3,972,000 after buying an additional 4,919 shares in the last quarter. Cresset Asset Management LLC increased its holdings in shares of APi Group by 3.6% during the first quarter. Cresset Asset Management LLC now owns 10,693 shares of the company’s stock worth $382,000 after buying an additional 374 shares in the last quarter. Finally, Wedmont Private Capital acquired a new stake in shares of APi Group during the second quarter worth approximately $368,000. Institutional investors and hedge funds own 86.62% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on APG. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $34.67 price objective on shares of APi Group in a report on Friday, June 27th. Barclays reaffirmed an “overweight” rating and set a $42.00 price objective (up previously from $40.00) on shares of APi Group in a report on Monday, August 4th. JPMorgan Chase & Co. raised shares of APi Group from a “neutral” rating to an “overweight” rating and raised their price objective for the stock from $31.00 to $42.00 in a report on Tuesday, July 15th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of APi Group in a report on Wednesday. Finally, Zacks Research lowered shares of APi Group from a “strong-buy” rating to a “hold” rating in a report on Monday, September 15th. Eight equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, APi Group presently has an average rating of “Moderate Buy” and an average price target of $36.10.

Insider Buying and Selling at APi Group

In other news, CAO James Arseniadis sold 4,843 shares of APi Group stock in a transaction on Monday, August 4th. The shares were sold at an average price of $35.38, for a total transaction of $171,345.34. Following the transaction, the chief accounting officer directly owned 12,116 shares of the company’s stock, valued at $428,664.08. This trade represents a 28.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Martin E. Franklin sold 1,200,000 shares of APi Group stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $34.64, for a total transaction of $41,568,000.00. Following the transaction, the director directly owned 19,868,790 shares in the company, valued at approximately $688,254,885.60. This represents a 5.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 1,789,843 shares of company stock valued at $62,262,672 in the last three months. Insiders own 17.00% of the company’s stock.

APi Group Price Performance

Shares of APG stock opened at $35.02 on Friday. APi Group Corporation has a 52-week low of $20.50 and a 52-week high of $36.55. The stock has a market cap of $14.56 billion, a PE ratio of 109.44 and a beta of 1.62. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.37 and a current ratio of 1.45. The firm’s 50 day moving average price is $35.07 and its two-hundred day moving average price is $31.56.

APi Group (NYSE:APG) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.37 by $0.02. APi Group had a net margin of 3.35% and a return on equity of 21.33%. The firm had revenue of $1.99 billion for the quarter, compared to analysts’ expectations of $1.88 billion. During the same period last year, the firm earned $0.49 earnings per share. The business’s revenue for the quarter was up 15.0% on a year-over-year basis. APi Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, analysts forecast that APi Group Corporation will post 1.83 EPS for the current year.

APi Group Company Profile

APi Group Corporation provides safety and specialty services worldwide. It operates through Safety Services and Specialty Services segments. The Safety Services segment offers solutions focusing on end-to-end integrated occupancy systems, such as fire protection services; heating, ventilation, and air conditioning solutions; and entry systems, which include the design, installation, inspection, and service of these integrated systems.