APi Group (NYSE:APG) Announces Quarterly Earnings Results

APi Group (NYSE:APG) issued its earnings results on Thursday. The company reported $0.44 earnings per share for the quarter, beating analysts’ consensus estimates of $0.43 by $0.01, FiscalAI reports. The company had revenue of $2.25 billion for the quarter, compared to the consensus estimate of $2.20 billion. APi Group had a return on equity of 37.63% and a net margin of 3.85%.The firm’s quarterly revenue was up 13.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.39 EPS.

Here are the key takeaways from APi Group’s conference call:

• Q2 results exceeded expectations, with revenue up 13.3% to $2.25 billion, organic growth of 10.1%, adjusted EBITDA up 14.3%, and adjusted EPS rising 12.8% to $0.44.
• Management raised full-year 2026 guidance to $8.875–$9.025 billion of revenue and $1.205–$1.245 billion of adjusted EBITDA, reflecting confidence in continued demand and a strong second-half outlook.
• Specialty Services delivered 22% organic growth and a 60-basis-point increase in segment earnings margin, while companywide backlog surpassed $5 billion for the first time; data centers remained a major growth driver.
• Cash generation and the balance sheet remain strong, with $228 million of adjusted free cash flow year to date, 2.2x net leverage, a $66 million share repurchase, and continued capacity for acquisitions and reinvestment.
• International Safety Services was flat for the quarter, affected by Middle East-related macro pressure, project delays, and pruning of lower-performing customers; management expects improvement but acknowledged that further work is needed to shift the business toward recurring service revenue.

APi Group Stock Up 1.7%

NYSE APG traded up $0.67 during trading on Thursday, reaching $39.12. The company’s stock had a trading volume of 6,365,526 shares, compared to its average volume of 2,883,286. The company has a current ratio of 1.44, a quick ratio of 1.36 and a debt-to-equity ratio of 0.79. The stock has a market capitalization of $16.95 billion, a PE ratio of -55.09, a PEG ratio of 2.30 and a beta of 1.60. The business has a 50-day moving average price of $41.40 and a 200-day moving average price of $42.74. APi Group has a 1-year low of $33.40 and a 1-year high of $49.99.

Insider Buying and Selling at APi Group

In other news, Director Martin E. Franklin sold 2,000,000 shares of the stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $42.08, for a total transaction of $84,160,000.00. Following the transaction, the director owned 19,240,426 shares in the company, valued at $809,637,126.08. This represents a 9.42% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Anthony E. Malkin sold 7,000 shares of the firm’s stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $42.47, for a total transaction of $297,290.00. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 3,451,000 shares of company stock valued at $149,194,935. 18.70% of the stock is currently owned by insiders.

Institutional Trading of APi Group

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Caitong International Asset Management Co. Ltd boosted its stake in shares of APi Group by 1,851.3% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 761 shares of the company’s stock worth $29,000 after acquiring an additional 722 shares in the last quarter. Parallel Advisors LLC raised its stake in shares of APi Group by 55.3% in the 3rd quarter. Parallel Advisors LLC now owns 834 shares of the company’s stock valued at $29,000 after acquiring an additional 297 shares in the last quarter. Silicon Valley Capital Partners raised its stake in shares of APi Group by 50.0% in the 3rd quarter. Silicon Valley Capital Partners now owns 858 shares of the company’s stock valued at $29,000 after acquiring an additional 286 shares in the last quarter. EFG International AG acquired a new stake in APi Group in the 4th quarter worth approximately $37,000. Finally, CIBC Private Wealth Group LLC lifted its holdings in APi Group by 263.7% in the 4th quarter. CIBC Private Wealth Group LLC now owns 1,051 shares of the company’s stock worth $40,000 after purchasing an additional 762 shares during the last quarter. Institutional investors and hedge funds own 86.62% of the company’s stock.

Analyst Upgrades and Downgrades

APG has been the subject of a number of research analyst reports. Barclays reiterated an “overweight” rating and issued a $54.00 target price (up from $52.00) on shares of APi Group in a research report on Thursday, May 7th. Wall Street Zen upgraded shares of APi Group from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. UBS Group set a $52.00 price target on shares of APi Group in a research note on Monday, July 20th. Robert W. Baird set a $52.00 price objective on APi Group in a report on Friday, May 1st. Finally, Citigroup reissued a “buy” rating and set a $53.00 price objective (up from $52.00) on shares of APi Group in a research report on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $53.17.

About APi Group

APi Group Corp. is a global specialty contractor that provides fire protection, security, mechanical insulation and energy services to commercial, industrial and institutional clients. Headquartered in New Brighton, Minnesota, the company designs, installs, inspects, tests, maintains and repairs a wide range of safety and infrastructure systems. Through its network of operating subsidiaries, APi Group delivers end-to-end solutions for new construction, facility renovations and ongoing maintenance requirements.

Its service portfolio spans life safety and industrial services—such as fire suppression systems, fire alarms and emergency lighting—and specialized offerings including technical insulation, access solutions, passive fire protection and energy efficiency upgrades.