APA (NASDAQ:APA) Given New $28.00 Price Target at Barclays

APA (NASDAQ:APA) had its price objective boosted by Barclays from $24.00 to $28.00 in a report released on Friday morning,MarketScreener reports. The firm currently has an underweight rating on the stock.

Several other equities research analysts have also issued reports on the stock. Mizuho increased their target price on shares of APA from $22.00 to $24.00 and gave the stock an “underperform” rating in a research note on Thursday, February 26th. Weiss Ratings restated a “hold (c)” rating on shares of APA in a research note on Monday, December 29th. Morgan Stanley reduced their price target on APA from $23.00 to $21.00 and set an “underweight” rating for the company in a report on Friday, January 23rd. UBS Group increased their price target on APA from $30.00 to $34.00 and gave the stock a “neutral” rating in a research report on Monday, March 2nd. Finally, Citigroup raised their price objective on APA from $24.00 to $25.00 and gave the company a “neutral” rating in a report on Wednesday, November 26th. Seven research analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $30.08.

APA Stock Performance

APA opened at $34.47 on Friday. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.82 and a quick ratio of 0.82. The firm has a fifty day moving average price of $27.88 and a 200 day moving average price of $25.34. APA has a 1 year low of $13.58 and a 1 year high of $34.59. The stock has a market cap of $12.18 billion, a P/E ratio of 8.64, a P/E/G ratio of 18.11 and a beta of 0.67.

APA (NASDAQ:APA) last released its quarterly earnings results on Wednesday, February 25th. The company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.62 by $0.29. APA had a net margin of 15.55% and a return on equity of 19.89%. The company had revenue of $1.99 billion for the quarter, compared to analyst estimates of $1.89 billion. During the same quarter last year, the business earned $0.79 earnings per share. The firm’s revenue was down 26.6% on a year-over-year basis. Equities research analysts anticipate that APA will post 4.03 earnings per share for the current year.

APA Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 22nd. Investors of record on Wednesday, April 22nd will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 2.9%. The ex-dividend date is Wednesday, April 22nd. APA’s dividend payout ratio is 25.06%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of APA. Deseret Mutual Benefit Administrators increased its stake in APA by 276.7% during the 3rd quarter. Deseret Mutual Benefit Administrators now owns 1,213 shares of the company’s stock worth $29,000 after buying an additional 891 shares in the last quarter. Summit Securities Group LLC raised its holdings in shares of APA by 115.1% during the fourth quarter. Summit Securities Group LLC now owns 1,327 shares of the company’s stock valued at $32,000 after acquiring an additional 710 shares during the last quarter. Atlantic Union Bankshares Corp purchased a new position in shares of APA in the third quarter valued at approximately $34,000. Spire Wealth Management lifted its position in shares of APA by 179.6% in the third quarter. Spire Wealth Management now owns 1,521 shares of the company’s stock valued at $37,000 after acquiring an additional 977 shares in the last quarter. Finally, Camelot Portfolios LLC acquired a new stake in shares of APA in the fourth quarter worth approximately $37,000. 83.01% of the stock is owned by hedge funds and other institutional investors.

APA News Roundup

Here are the key news stories impacting APA this week:

• Positive Sentiment: Piper Sandler raised its price target to $37 (neutral rating), signaling upside relative to recent levels and providing near-term buy-side support. Piper Sandler raises APA target
• Positive Sentiment: Goldman Sachs published a bullish forecast for APA, calling for strong price appreciation — this high-profile backing can lift investor sentiment. Goldman Sachs bullish on APA
• Positive Sentiment: RBC Capital raised its target to $29 and reiterated Sector Perform, citing oil strength and earnings momentum — another supportive institutional view. RBC raises APA target
• Neutral Sentiment: Reported short-interest data showed zero shares outstanding for March (likely a data anomaly); it does not appear to be exerting real pressure or squeeze risk at present.
• Negative Sentiment: Barclays raised its target to $28 but maintained an “underweight” rating — the new target still sits below recent trading levels, which could cap upside and weigh on sentiment. Barclays adjusts APA price target
• Negative Sentiment: Zacks Research cut multiple near-term and medium-term EPS estimates (several quarters, FY2026–FY2027 and FY2028 revisions) and retains a “Hold” rating — broad downward revisions reduce forward earnings visibility and are a negative catalyst for valuation.

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.