APi Group (NYSE:APG) Price Target Raised to $55.00

APi Group (NYSE:APG) had its price objective increased by JPMorgan Chase & Co. from $50.00 to $55.00 in a report issued on Friday,Benzinga reports. The firm currently has an overweight rating on the stock.

Several other brokerages also recently weighed in on APG. Wells Fargo & Company upped their target price on shares of APi Group from $53.00 to $60.00 and gave the stock an “overweight” rating in a research note on Friday. Citigroup increased their price objective on APi Group from $55.00 to $57.00 and gave the company a “buy” rating in a report on Friday. Weiss Ratings raised shares of APi Group from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, October 21st. Jefferies Financial Group reiterated a “buy” rating and issued a $56.00 price target on shares of APi Group in a report on Friday. Finally, Wall Street Zen downgraded APi Group from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $54.67.

APi Group Price Performance

Shares of NYSE:APG opened at $44.24 on Friday. APi Group has a twelve month low of $34.87 and a twelve month high of $49.99. The company has a current ratio of 1.18, a quick ratio of 1.12 and a debt-to-equity ratio of 0.92. The company has a market cap of $18.81 billion, a PE ratio of -70.22, a price-to-earnings-growth ratio of 1.89 and a beta of 1.57. The company’s 50 day moving average is $39.63 and its 200 day moving average is $41.92.

APi Group (NYSE:APG) last posted its quarterly earnings data on Thursday, October 29th. The company reported $0.50 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.03. APi Group had a return on equity of 38.31% and a net margin of 4.12%. The business had revenue of $2.55 billion during the quarter, compared to analysts’ expectations of $2.40 billion. During the same period in the previous year, the business earned $0.41 earnings per share. The business’s revenue was up 22.5% compared to the same quarter last year. On average, sell-side analysts forecast that APi Group will post 1.75 EPS for the current year.

Insider Activity at APi Group

In other APi Group news, Director Ian Ashken sold 85,072 shares of APi Group stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $40.36, for a total transaction of $3,433,505.92. Following the sale, the director owned 9,177,284 shares of the company’s stock, valued at $370,395,182.24. The trade was a 0.92% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 18.70% of the company’s stock.

Hedge Funds Weigh In On APi Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in APG. CoreCap Advisors LLC increased its stake in shares of APi Group by 55.7% during the 3rd quarter. CoreCap Advisors LLC now owns 716 shares of the company’s stock worth $28,000 after purchasing an additional 256 shares during the last quarter. Root Financial Partners LLC lifted its position in APi Group by 20.3% during the 1st quarter. Root Financial Partners LLC now owns 1,256 shares of the company’s stock worth $51,000 after buying an additional 212 shares in the last quarter. John Boyer Inc. acquired a new position in shares of APi Group during the third quarter valued at $61,000. Whittier Trust Co. boosted its position in shares of APi Group by 84.4% in the 1st quarter. Whittier Trust Co. now owns 2,060 shares of the company’s stock worth $87,000 after purchasing an additional 943 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its holdings in APi Group by 35.9% during the first quarter. EverSource Wealth Advisors LLC now owns 2,297 shares of the company’s stock worth $93,000 after acquiring an additional 607 shares in the last quarter. Institutional investors and hedge funds own 86.62% of the company’s stock.

Key Headlines Impacting APi Group

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

• Positive Sentiment: Record Q3 results: APi reported revenue of approximately $2.55 billion, up 22.5% year over year and ahead of the $2.40 billion consensus estimate. Adjusted EBITDA increased 24.6% to $350 million, while adjusted EPS of $0.50 exceeded expectations of $0.47 and rose from $0.41 a year earlier. APi Group Reports Record Third Quarter 2026 Financial Results and Raises Full-Year 2026 Outlook
• Positive Sentiment: Higher 2026 outlook: Management raised its full-year revenue forecast to $9.20 billion-$9.25 billion and adjusted EBITDA guidance to $1.235 billion-$1.255 billion, marking the third guidance increase this year. Management also cited double-digit organic growth, strong demand and a goal of reaching a 16% adjusted EBITDA margin by 2028. APi raises 2026 outlook
• Positive Sentiment: Analyst targets increased: Truist raised its APG price target to $58 from $55 while maintaining a Buy rating. Wells Fargo lifted its target to $60 from $53 and kept an Overweight rating, implying substantial upside from the referenced trading level. Truist Securities adjusts APi Group price target
• Neutral Sentiment: Institutional positioning was mixed: Several large investors added APG shares during the latest reporting quarter, while others—including Viking Global Investors—reduced or exited positions. This suggests continued institutional interest but not a uniform bullish view.
• Negative Sentiment: Insider selling may weigh on sentiment: Reported insider activity over the past six months consisted of sales rather than purchases, including sizable transactions by Martin Franklin, Ian Ashken and James Lillie. These sales do not necessarily reflect operating concerns, but they can create an overhang for investors.

APi Group Company Profile

APi Group Corporation (NYSE: APG) is a global provider of safety, specialty and industrial services. The company serves commercial, industrial and infrastructure customers through a network of operating businesses that provide services designed to protect people, property and critical assets.

APi Group’s offerings include fire protection and life-safety systems, security services, heating, ventilation and air-conditioning services, industrial maintenance, specialty contracting and infrastructure services.