APi Group (NYSE:APG) Stock Gets Price Target Bump from Wells Fargo & Company

APi Group (NYSE:APG) had its target price hoisted by investment analysts at Wells Fargo & Company from $53.00 to $60.00 in a report released on Friday, Benzinga reports. The brokerage currently has an “overweight” rating on the stock. Wells Fargo & Company‘s target price suggests a potential upside of 36.30% from the company’s previous close.

Several other brokerages also recently weighed in on APG. Jefferies Financial Group reissued a “buy” rating and set a $56.00 price target on shares of APi Group in a research report on Friday. Wall Street Zen cut APi Group from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. Truist Financial set a $58.00 target price on shares of APi Group and gave the stock a “buy” rating in a report on Friday. Robert W. Baird set a $47.00 target price on APi Group in a research report on Friday, July 31st. Finally, Citigroup restated a “buy” rating and set a $55.00 price objective (up from $54.00) on shares of APi Group in a research report on Monday, October 12th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Buy” and an average price target of $54.38.

APi Group Price Performance

Shares of APG stock traded down $1.00 during trading hours on Friday, reaching $44.02. The stock had a trading volume of 2,054,109 shares, compared to its average volume of 2,923,183. The company has a current ratio of 1.39, a quick ratio of 1.32 and a debt-to-equity ratio of 0.91. APi Group has a 12 month low of $34.87 and a 12 month high of $49.99. The firm has a market capitalization of $19.02 billion, a PE ratio of -65.91, a PEG ratio of 1.86 and a beta of 1.57. The stock’s fifty day simple moving average is $39.59 and its 200 day simple moving average is $41.91.

APi Group (NYSE:APG) last announced its quarterly earnings data on Thursday, October 29th. The company reported $0.50 earnings per share for the quarter, topping analysts’ consensus estimates of $0.47 by $0.03. APi Group had a net margin of 3.99% and a return on equity of 37.59%. The firm had revenue of $2.55 billion during the quarter, compared to analyst estimates of $2.40 billion. During the same period in the previous year, the business posted $0.41 EPS. The business’s quarterly revenue was up 22.5% on a year-over-year basis. On average, equities research analysts predict that APi Group will post 1.73 EPS for the current year.

Insider Buying and Selling at APi Group

In related news, Director James Lillie sold 285,000 shares of the stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $39.84, for a total transaction of $11,354,400.00. Following the transaction, the director owned 8,952,350 shares of the company’s stock, valued at approximately $356,661,624. This represents a 3.09% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ian Ashken sold 214,928 shares of the company’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $39.91, for a total value of $8,577,776.48. Following the transaction, the director directly owned 9,262,356 shares of the company’s stock, valued at approximately $369,660,627.96. This represents a 2.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 660,000 shares of company stock worth $26,353,682. Insiders own 18.70% of the company’s stock.

Hedge Funds Weigh In On APi Group

Several institutional investors have recently added to or reduced their stakes in APG. CoreCap Advisors LLC lifted its position in APi Group by 55.7% during the third quarter. CoreCap Advisors LLC now owns 716 shares of the company’s stock valued at $28,000 after buying an additional 256 shares in the last quarter. Root Financial Partners LLC lifted its holdings in APi Group by 20.3% in the first quarter. Root Financial Partners LLC now owns 1,256 shares of the company’s stock worth $51,000 after acquiring an additional 212 shares during the last quarter. John Boyer Inc. bought a new position in shares of APi Group during the third quarter worth about $61,000. Whittier Trust Co. grew its position in APi Group by 84.4% in the 1st quarter. Whittier Trust Co. now owns 2,060 shares of the company’s stock valued at $87,000 after buying an additional 943 shares in the last quarter. Finally, EverSource Wealth Advisors LLC grew 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 during the period. 86.62% of the stock is currently owned by institutional investors and hedge funds.

Key APi Group News

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

• Positive Sentiment: APi reported record third-quarter revenue of approximately $2.55 billion, up 22.5% year over year, including 15.7% organic growth. Adjusted EBITDA increased 24.6% to $350 million, while the adjusted EBITDA margin expanded to 13.7%. APi Group Reports Record Third Quarter 2026 Financial Results and Raises Full-Year 2026 Outlook
• Positive Sentiment: Quarterly adjusted earnings reached $0.50 per share, exceeding the $0.47 analyst consensus and rising from $0.41 a year earlier. Net income also increased to $114 million, supporting the bullish earnings reaction. APi Tops Q3 Earnings and Revenue Estimates
• Positive Sentiment: Management raised 2026 guidance for the third time this year, now expecting $9.20 billion-$9.25 billion in revenue and $1.235 billion-$1.255 billion in adjusted EBITDA. The company also highlighted a roughly $5 billion backlog, strong demand entering the fourth quarter and 2027, and a long-term target of a 16% adjusted EBITDA margin by 2028. APi Raises 2026 Outlook
• Neutral Sentiment: Institutional positioning was mixed: 299 investors added APG shares in their latest reported quarter, while 268 reduced holdings. This suggests continued interest but not uniformly bullish sentiment.
• Negative Sentiment: Reported insider activity over the past six months consisted of 22 sales and no open-market purchases, including substantial selling by several executives and directors. Although these transactions may not be directly related to the earnings release, they represent a potential overhang for investors.

About APi Group

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.