25,000 Shares in APA Corporation $APA Purchased by Impala Asset Management LLC

Impala Asset Management LLC acquired a new position in APA Corporation (NASDAQ:APA) during the first quarter, HoldingsChannel reports. The institutional investor acquired 25,000 shares of the company’s stock, valued at approximately $1,061,000. APA accounts for 0.5% of Impala Asset Management LLC’s portfolio, making the stock its 23rd biggest position.

A number of other institutional investors and hedge funds have also made changes to their positions in APA. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of APA by 6.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 33,300 shares of the company’s stock worth $700,000 after purchasing an additional 2,070 shares in the last quarter. NewEdge Advisors LLC increased its position in APA by 49.6% during the 1st quarter. NewEdge Advisors LLC now owns 10,785 shares of the company’s stock valued at $227,000 after buying an additional 3,578 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in APA by 43.3% during the first quarter. Goldman Sachs Group Inc. now owns 2,668,505 shares of the company’s stock valued at $56,092,000 after buying an additional 806,252 shares during the last quarter. Focus Partners Wealth raised its stake in APA by 10.6% during the first quarter. Focus Partners Wealth now owns 44,833 shares of the company’s stock valued at $942,000 after buying an additional 4,297 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership purchased a new position in APA during the second quarter valued at $5,199,000. Institutional investors own 83.01% of the company’s stock.

APA Trading Up 1.1%

Shares of NASDAQ:APA opened at $36.18 on Thursday. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.92 and a quick ratio of 0.92. APA Corporation has a 1 year low of $17.86 and a 1 year high of $45.66. The company has a market cap of $12.79 billion, a P/E ratio of 8.43 and a beta of 0.35. The stock’s fifty day moving average price is $35.63 and its 200-day moving average price is $33.82.

APA (NASDAQ:APA) last released its quarterly earnings data on Wednesday, May 6th. The company reported $1.38 EPS for the quarter, topping the consensus estimate of $1.11 by $0.27. APA had a return on equity of 20.70% and a net margin of 17.38%.The company had revenue of $2.33 billion during the quarter, compared to the consensus estimate of $2.13 billion. During the same period last year, the company earned $1.06 EPS. APA’s revenue for the quarter was down 11.7% on a year-over-year basis. Sell-side analysts expect that APA Corporation will post 4.92 earnings per share for the current year.

APA Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, August 21st. Stockholders of record on Wednesday, July 22nd will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Wednesday, July 22nd. APA’s dividend payout ratio (DPR) is presently 23.31%.

Insider Activity at APA

In other news, VP Mark D. Maddox sold 9,800 shares of APA stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $40.04, for a total value of $392,392.00. Following the completion of the sale, the vice president directly owned 66,810 shares in the company, valued at $2,675,072.40. The trade was a 12.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.73% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

APA has been the topic of a number of recent research reports. Sanford C. Bernstein increased their target price on APA from $37.00 to $40.00 and gave the stock a “market perform” rating in a research note on Wednesday, May 20th. Wolfe Research lifted their price target on APA from $45.00 to $47.00 and gave the stock an “outperform” rating in a research report on Monday, April 6th. The Goldman Sachs Group dropped their price target on shares of APA from $34.00 to $32.00 and set a “sell” rating on the stock in a research note on Tuesday, June 30th. JPMorgan Chase & Co. increased their price objective on shares of APA from $38.00 to $41.00 in a research report on Friday, May 8th. Finally, BMO Capital Markets reduced their price objective on shares of APA from $47.00 to $45.00 and set a “market perform” rating for the company in a research note on Wednesday, May 13th. Eight research analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat, APA has an average rating of “Hold” and a consensus price target of $40.35.

Key Headlines Impacting APA

Here are the key news stories impacting APA this week:

• Positive Sentiment: Zacks Research raised earnings estimates for APA in several future periods, including Q4 2027, Q2 2027, Q1 2027, Q4 2026, and FY2028, suggesting improved longer-term earnings potential.
• Neutral Sentiment: Zacks Research initiated or reiterated a Hold rating on APA and kept its FY2026 and Q2 2026 estimates in line with current expectations, which does not materially change the near-term outlook.
• Neutral Sentiment: Susquehanna lowered its price target on APA from $47 to $45, but maintained a positive rating, implying continued upside from current levels despite a slightly less bullish valuation view. Article: Susquehanna lowers APA price target
• Negative Sentiment: Some near-term earnings estimates were cut, including Q3 2026 and Q1 2028, which could temper enthusiasm if investors are focused on shorter-term results.

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.