APi Group (NYSE:APG) Downgraded by Wall Street Zen to “Hold”

Wall Street Zen downgraded shares of APi Group (NYSE:APGFree Report) from a buy rating to a hold rating in a research note issued to investors on Saturday.

Several other equities research analysts also recently weighed in on the stock. Weiss Ratings downgraded shares of APi Group from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, June 11th. Citigroup reaffirmed a “buy” rating and set a $54.00 price target (up from $53.00) on shares of APi Group in a research report on Friday. Truist Financial set a $55.00 price objective on APi Group and gave the company a “buy” rating in a report on Friday, May 1st. UBS Group set a $52.00 price objective on APi Group in a research report on Monday, July 20th. Finally, Robert W. Baird set a $47.00 target price on APi Group in a research note on Friday. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $52.50.

View Our Latest Analysis on APG

APi Group Stock Performance

APG stock opened at $39.83 on Friday. The firm has a market cap of $17.26 billion, a price-to-earnings ratio of -59.45, a PEG ratio of 2.32 and a beta of 1.60. The firm has a 50-day simple moving average of $41.31 and a two-hundred day simple moving average of $42.70. APi Group has a one year low of $33.40 and a one year high of $49.99. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.36 and a current ratio of 1.39.

APi Group (NYSE:APGGet Free Report) last issued its quarterly earnings data on Thursday, July 30th. The company reported $0.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.43 by $0.01. The firm had revenue of $2.25 billion for the quarter, compared to the consensus estimate of $2.20 billion. APi Group had a net margin of 3.99% and a return on equity of 37.59%. The company’s quarterly revenue was up 13.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.39 EPS. On average, equities analysts forecast that APi Group will post 1.71 EPS for the current fiscal year.

Insider Transactions at APi Group

In related news, Director Ian G. H. Ashken sold 1,018,466 shares of the firm’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $44.73, for a total value of $45,555,984.18. Following the completion of the transaction, the director owned 9,542,818 shares in the company, valued at $426,850,249.14. This trade represents a 9.64% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Anthony E. Malkin sold 7,000 shares of the firm’s stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $42.47, for a total value of $297,290.00. The disclosure for this sale is available in the SEC filing. Insiders sold 3,451,000 shares of company stock valued at $149,194,935 in the last quarter. Insiders own 18.70% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of APG. Norges Bank acquired a new stake in shares of APi Group in the fourth quarter worth $181,066,000. Durable Capital Partners LP lifted its position in APi Group by 40.2% during the third quarter. Durable Capital Partners LP now owns 14,898,178 shares of the company’s stock valued at $512,050,000 after purchasing an additional 4,274,610 shares during the period. State Street Corp boosted its holdings in APi Group by 50.6% in the third quarter. State Street Corp now owns 10,771,776 shares of the company’s stock valued at $370,226,000 after purchasing an additional 3,620,931 shares during the last quarter. Invesco Ltd. boosted its holdings in APi Group by 224.6% in the third quarter. Invesco Ltd. now owns 5,109,902 shares of the company’s stock valued at $175,627,000 after purchasing an additional 3,535,682 shares during the last quarter. Finally, Westfield Capital Management Co. LP acquired a new stake in APi Group during the 4th quarter worth about $132,125,000. 86.62% of the stock is currently owned by hedge funds and other institutional investors.

APi Group News Roundup

Here are the key news stories impacting APi Group this week:

  • Positive Sentiment: Raised 2026 outlook: APi now forecasts 2026 net revenue of $8.875 billion to $9.025 billion and adjusted EBITDA of $1.205 billion to $1.245 billion, with the EBITDA outlook increased from its prior forecast. APi forecasts 2026 net revenues and raises adjusted EBITDA outlook
  • Positive Sentiment: Solid Q2 performance: APi reported earnings of $0.44 per share, slightly above the $0.43 analyst consensus, while revenue reached $2.25 billion, ahead of the $2.20 billion estimate and up 13.3% year over year. APi Group second-quarter earnings report
  • Positive Sentiment: Operating momentum continued: Management cited more than 10% organic revenue growth, year-over-year adjusted EBITDA margin expansion and continued strength in inspection, service and monitoring activities. Third-quarter revenue guidance of approximately $2.4 billion also exceeds the roughly $2.2 billion consensus estimate. APi Group reports record second-quarter results
  • Neutral Sentiment: Results broadly met expectations: Zacks characterized the $0.44 EPS result as in line with its consensus estimate, meaning the positive reaction is driven more by revenue growth, margins and raised guidance than by a major earnings surprise. APi Q2 earnings match estimates

About APi Group

(Get Free Report)

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.

Further Reading

Analyst Recommendations for APi Group (NYSE:APG)

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