Harvest Portfolios Group Inc. Sells 33,672 Shares of APA Corporation $APA

Harvest Portfolios Group Inc. reduced its position in APA Corporation (NASDAQ:APA) by 36.8% during the third quarter, Holdings Channel reports. The institutional investor owned 57,950 shares of the company’s stock after selling 33,672 shares during the quarter. Harvest Portfolios Group Inc.’s holdings in APA were worth $1,407,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. AQR Capital Management LLC lifted its position in APA by 157.1% during the second quarter. AQR Capital Management LLC now owns 3,060,135 shares of the company’s stock valued at $55,970,000 after acquiring an additional 1,869,891 shares during the last quarter. Evergreen Capital Management LLC lifted its holdings in shares of APA by 7,627.3% during the 3rd quarter. Evergreen Capital Management LLC now owns 1,013,516 shares of the company’s stock valued at $24,608,000 after purchasing an additional 1,000,400 shares during the last quarter. SG Americas Securities LLC lifted its holdings in shares of APA by 160.5% during the 3rd quarter. SG Americas Securities LLC now owns 336,277 shares of the company’s stock valued at $8,165,000 after purchasing an additional 892,438 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in shares of APA by 43.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,668,505 shares of the company’s stock worth $56,092,000 after purchasing an additional 806,252 shares in the last quarter. Finally, Quantinno Capital Management LP grew its stake in APA by 528.8% during the 2nd quarter. Quantinno Capital Management LP now owns 681,588 shares of the company’s stock worth $12,466,000 after buying an additional 573,193 shares during the last quarter. Institutional investors own 83.01% of the company’s stock.

APA Stock Performance

Shares of NASDAQ APA opened at $30.37 on Friday. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.62. APA Corporation has a 12 month low of $13.58 and a 12 month high of $30.42. The company has a 50 day simple moving average of $26.28 and a two-hundred day simple moving average of $24.56. The stock has a market cap of $10.77 billion, a price-to-earnings ratio of 7.61, a PEG ratio of 13.88 and a beta of 0.74.

APA (NASDAQ:APA) last released its quarterly earnings data on Wednesday, February 25th. The company reported $0.91 earnings per share for the quarter, topping analysts’ consensus estimates of $0.62 by $0.29. APA had a net margin of 15.55% and a return on equity of 20.08%. The firm had revenue of $1.99 billion for the quarter, compared to analyst estimates of $1.89 billion. During the same quarter in the prior year, the business earned $0.79 earnings per share. The business’s quarterly revenue was down 26.6% compared to the same quarter last year. As a group, analysts predict that APA Corporation will post 4.03 earnings per share for the current year.

APA Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 22nd. Shareholders 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 yield of 3.3%. The ex-dividend date of this dividend is Wednesday, April 22nd. APA’s dividend payout ratio (DPR) is currently 25.06%.

Analyst Ratings Changes

A number of equities research analysts have commented on APA shares. Royal Bank Of Canada increased their price target on APA from $25.00 to $26.00 and gave the company a “sector perform” rating in a research note on Monday, January 26th. Johnson Rice raised shares of APA from a “hold” rating to an “accumulate” rating and increased their price objective for the company from $35.00 to $40.00 in a research report on Thursday, December 4th. Evercore lifted their target price on shares of APA from $21.00 to $25.00 in a research note on Thursday. Roth Mkm upped their price target on shares of APA from $23.00 to $27.00 and gave the company a “neutral” rating in a research note on Thursday. Finally, Zacks Research raised shares of APA from a “strong sell” rating to a “hold” rating in a report on Thursday. Seven equities research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and four have issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $27.39.

More APA News

Here are the key news stories impacting APA this week:

• Positive Sentiment: Q4 results and free cash flow beat — APA reported better‑than‑expected EPS and revenue and highlighted robust free cash flow and disciplined capital allocation, supporting the rally. APA beats quarterly profit estimates
• Positive Sentiment: Strategic capital plan & cost savings — Management signaled a $2.1B 2026 capital plan and is targeting roughly $450M in annual cost savings, which improves free cash flow outlook and supports share gains. APA signals $2.1B capital plan
• Positive Sentiment: Bullish analyst move — Wolfe Research raised its price target to $39 and kept an “outperform” rating, implying material upside and likely helping buying interest. Wolfe raises PT to $39
• Neutral Sentiment: Major bank neutral adjustments — Roth MKM and JPMorgan raised targets to $27 and $29 respectively but maintained neutral ratings, narrowing upside and signaling mixed conviction. Roth raises PT to $27 JPMorgan raises PT to $29
• Negative Sentiment: Some analysts still see downside — Mizuho and Evercore raised price targets but keep below‑current valuations (to $24 and $25) with underperform/in‑line stances, which likely caps gains for investors focused on downside risk. Mizuho adjusts PT to $24 Evercore adjusts PT to $25

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.