Evolve Private Wealth LLC Invests $1.03 Million in APA Corporation $APA

Evolve Private Wealth LLC bought a new position in shares of APA Corporation (NASDAQ:APA) during the second quarter, Holdings Channel.com reports. The fund bought 31,761 shares of the company’s stock, valued at approximately $1,034,000.

Several other large investors have also recently bought and sold shares of APA. BlackRock Inc. bought a new stake in APA in the 2nd quarter valued at $1,173,231,000. Dimensional Fund Advisors LP lifted its position in shares of APA by 6.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 16,376,952 shares of the company’s stock worth $695,099,000 after acquiring an additional 1,055,016 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in shares of APA by 2.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 14,710,034 shares of the company’s stock worth $359,807,000 after purchasing an additional 285,542 shares in the last quarter. Morgan Stanley increased its position in shares of APA by 21.8% during the fourth quarter. Morgan Stanley now owns 10,425,586 shares of the company’s stock valued at $255,010,000 after purchasing an additional 1,864,900 shares during the period. Finally, Goldman Sachs Group Inc. lifted its position in APA by 76.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 7,171,963 shares of the company’s stock worth $175,426,000 after purchasing an additional 3,117,032 shares during the period. 83.01% of the stock is currently owned by institutional investors and hedge funds.

APA News Summary

Here are the key news stories impacting APA this week:

• Positive Sentiment: Argus upgraded APA to Buy, providing a stronger analyst endorsement for the oil and gas producer and potentially supporting investor sentiment. APA Raised to Buy at Argus
• Positive Sentiment: Zacks Research raised multiple earnings forecasts: FY2026 EPS increased to $4.40 from $4.22, FY2027 to $3.16 from $2.99, FY2028 to $3.59 from $3.38, Q1 2027 to $0.94 from $0.84, Q3 2027 to $0.72 from $0.68, and Q4 2027 to $0.73 from $0.69. These revisions indicate improved expectations for APA’s medium-term earnings performance.
• Neutral Sentiment: Zacks maintained a Hold rating despite the higher estimates. The revisions remain below the consensus full-year estimate of $5.27 EPS for the current fiscal year, suggesting analysts see upside in longer-term forecasts but not enough evidence for a more decisive rating change. APA analyst estimates
• Negative Sentiment: Q1 2028 EPS expectations were reduced to $0.99 from $1.03, partially offsetting the broader upward revisions and highlighting uncertainty around future commodity prices, production levels, and operating costs.

APA Price Performance

Shares of NASDAQ:APA opened at $43.39 on Monday. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.47. The firm has a market cap of $15.20 billion, a P/E ratio of 9.17, a P/E/G ratio of 0.78 and a beta of 0.35. APA Corporation has a 12 month low of $20.71 and a 12 month high of $45.66. The company’s 50-day moving average price is $35.97 and its two-hundred day moving average price is $35.86.

APA (NASDAQ:APA) last announced its earnings results on Wednesday, August 5th. The company reported $1.89 earnings per share for the quarter, missing analysts’ consensus estimates of $1.90 by ($0.01). APA had a return on equity of 24.84% and a net margin of 19.48%.The company had revenue of $2.37 billion during the quarter, compared to the consensus estimate of $2.46 billion. During the same period in the prior year, the firm posted $0.87 earnings per share. As a group, research analysts forecast that APA Corporation will post 5.54 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the company. Weiss Ratings raised APA from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, August 11th. Morgan Stanley lowered their price target on APA from $44.00 to $41.00 and set an “underweight” rating on the stock in a research report on Friday, June 26th. Capital One Financial increased their price objective on APA from $50.00 to $51.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 12th. Truist Financial lifted their price objective on APA from $38.00 to $39.00 and gave the company a “hold” rating in a report on Monday, August 10th. Finally, Wall Street Zen raised shares of APA from a “hold” rating to a “buy” rating in a report on Saturday. Ten research analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat.com, APA presently has an average rating of “Hold” and a consensus price target of $41.50.

APA Company Profile

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.