Wellington Grp LLC grew its position in APi Group Corporation (NYSE:APG – Free Report) by 19,717.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 36,860 shares of the company’s stock after purchasing an additional 36,674 shares during the quarter. Wellington Grp LLC’s holdings in APi Group were worth $1,494,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Argent Capital Management LLC bought a new stake in shares of APi Group during the 1st quarter valued at $3,668,000. Western Wealth Management LLC bought a new position in APi Group in the 1st quarter worth $520,000. Janus Henderson Group PLC increased its stake in APi Group by 1.1% in the 1st quarter. Janus Henderson Group PLC now owns 23,367,041 shares of the company’s stock worth $946,846,000 after buying an additional 250,873 shares in the last quarter. Amundi increased its stake in APi Group by 34.2% in the 1st quarter. Amundi now owns 788,320 shares of the company’s stock worth $31,943,000 after buying an additional 200,798 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its stake in APi Group by 35.9% in the 1st quarter. EverSource Wealth Advisors LLC now owns 2,297 shares of the company’s stock worth $93,000 after buying an additional 607 shares in the last quarter. 86.62% of the stock is owned by hedge funds and other institutional investors.
Trending Headlines about APi Group
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
Insider Transactions at APi Group
Analyst Ratings Changes
APG has been the topic of several research analyst reports. Robert W. Baird set a $47.00 price objective on APi Group in a research report on Friday. Truist Financial set a $55.00 target price on APi Group and gave the stock a “buy” rating in a research report on Friday, May 1st. Weiss Ratings downgraded APi Group from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, June 11th. Barclays reissued an “overweight” rating and issued a $54.00 price target (up from $52.00) on shares of APi Group in a report on Thursday, May 7th. Finally, Citigroup restated a “buy” rating and issued a $54.00 price target (up from $53.00) on shares of APi Group in a research note on Friday. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $52.50.
Read Our Latest Stock Analysis on APi Group
APi Group Stock Up 1.6%
Shares of APG stock opened at $39.83 on Friday. The company’s fifty day simple moving average is $41.31 and its two-hundred day simple moving average is $42.70. APi Group Corporation has a 52 week low of $33.40 and a 52 week high of $49.99. The stock has a market cap of $17.26 billion, a P/E ratio of -59.45, a PEG ratio of 2.29 and a beta of 1.60. The company has a quick ratio of 1.36, a current ratio of 1.39 and a debt-to-equity ratio of 0.91.
APi Group (NYSE:APG – Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The company reported $0.44 earnings per share for the quarter, beating analysts’ consensus estimates of $0.43 by $0.01. The firm had revenue of $2.25 billion during the quarter, compared to analyst estimates of $2.20 billion. APi Group had a return on equity of 37.59% and a net margin of 3.99%.The business’s quarterly revenue was up 13.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.39 earnings per share. Analysts predict that APi Group Corporation will post 1.71 EPS for the current fiscal year.
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.
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