APA (NASDAQ:APA) Price Target Raised to $31.00

APA (NASDAQ:APA) had its price target lifted by The Goldman Sachs Group from $30.00 to $31.00 in a research note published on Tuesday,MarketScreener reports. The firm currently has a sell rating on the stock.

Several other brokerages have also weighed in on APA. Truist Financial increased their price objective on APA from $38.00 to $39.00 and gave the stock a “hold” rating in a research report on Monday. BMO Capital Markets increased their price objective on APA from $35.00 to $47.00 and gave the stock a “market perform” rating in a research report on Tuesday, April 7th. Royal Bank Of Canada raised their price target on APA from $29.00 to $45.00 and gave the stock a “sector perform” rating in a research report on Wednesday, April 8th. UBS Group raised their price target on APA from $44.00 to $45.00 and gave the stock a “neutral” rating in a research report on Friday, April 17th. Finally, JPMorgan Chase & Co. raised their price target on APA from $29.00 to $38.00 and gave the stock a “neutral” rating in a research report on Friday, March 20th. Seven equities research analysts have rated the stock with a Buy rating, twenty have assigned a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $39.50.

APA Trading Up 1.6%

Shares of APA stock opened at $38.66 on Tuesday. The firm has a market capitalization of $13.66 billion, a price-to-earnings ratio of 9.69 and a beta of 0.49. APA has a fifty-two week low of $15.20 and a fifty-two week high of $45.66. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.82 and a current ratio of 0.82. The stock has a 50 day moving average of $35.67 and a 200 day moving average of $28.55.

APA (NASDAQ:APA) last issued its quarterly earnings data on Wednesday, February 25th. The company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.62 by $0.29. The company had revenue of $1.99 billion during the quarter, compared to analyst estimates of $1.89 billion. APA had a return on equity of 19.89% and a net margin of 15.55%.The firm’s revenue for the quarter was down 26.6% compared to the same quarter last year. During the same period in the prior year, the business posted $0.79 earnings per share. As a group, research analysts predict that APA will post 4.28 earnings per share for the current year.

APA Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 22nd. Stockholders of record on Wednesday, April 22nd will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Wednesday, April 22nd. APA’s dividend payout ratio (DPR) is presently 25.06%.

Insider Activity

In other news, Director Matthew Regis Bob sold 23,000 shares of the stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $36.23, for a total value of $833,290.00. Following the sale, the director directly owned 6,634 shares in the company, valued at approximately $240,349.82. This trade represents a 77.61% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.69% of the company’s stock.

Hedge Funds Weigh In On APA

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Deseret Mutual Benefit Administrators boosted its stake in shares of APA by 276.7% in the 3rd quarter. Deseret Mutual Benefit Administrators now owns 1,213 shares of the company’s stock valued at $29,000 after buying an additional 891 shares during the period. Summit Securities Group LLC boosted its stake in shares of APA by 115.1% in the 4th quarter. Summit Securities Group LLC now owns 1,327 shares of the company’s stock valued at $32,000 after buying an additional 710 shares during the period. Atlantic Union Bankshares Corp purchased a new position in shares of APA in the 3rd quarter valued at about $34,000. Spire Wealth Management boosted its stake in shares of APA by 179.6% in the 3rd quarter. Spire Wealth Management now owns 1,521 shares of the company’s stock valued at $37,000 after buying an additional 977 shares during the period. Finally, Camelot Portfolios LLC purchased a new position in shares of APA in the 4th quarter valued at about $37,000. Hedge funds and other institutional investors own 83.01% of the company’s stock.

APA News Roundup

Here are the key news stories impacting APA this week:

• Positive Sentiment: Analyst optimism: multiple recent analyst notes explicitly say APA’s stock is expected to rise, supporting demand. These include Susquehanna’s positive outlook on APA which helped lift investor sentiment. APA (NASDAQ:APA) Stock Price Expected to Rise, Susquehanna Analyst Says
• Positive Sentiment: Truist adds to the bullish chorus by forecasting upside for APA, reinforcing the view that recent operational results and margins justify investor interest. APA (NASDAQ:APA) Stock Price Expected to Rise, Truist Financial Analyst Says
• Positive Sentiment: Goldman Sachs raised its price target for APA, a pro?growth datapoint that often draws attention even if the new target remains conservative versus the market. The Goldman Sachs Group Boosts APA (NASDAQ:APA) Price Target to $31.00
• Neutral Sentiment: Market coverage pieces (Yahoo Finance, Zacks) note that APA has outperformed the broader market recently—useful for momentum context but largely descriptive rather than new fundamental news. APA (APA) Outperforms Broader Market: What You Need to Know Zacks Coverage
• Neutral Sentiment: Be aware of unrelated headlines using “APA” (Adirondack Park Agency, APA style guides) that can create search noise but are irrelevant to APA Corporation’s fundamentals. Environmental groups ask APA to protect remoteness in Adirondack Park Master APA 7 style without the stress
• Negative Sentiment: Scotiabank raised its target from $26 to $36 but kept a “sector perform” rating; that $36 target sits below or near the market price implying limited upside or a modest downside view—this constrains bullish expectations for further gains. Scotiabank price target note via Benzinga
• Negative Sentiment: Some analyst targets (e.g., Goldman $31, Scotiabank $36) remain below the current trading level, reflecting mixed analyst conviction and potential resistance to a sustained rally if broader energy fundamentals weaken. Goldman Sachs price target article

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.