KLCM Advisors Inc. Reduces Position in APA Corporation $APA

KLCM Advisors Inc. decreased its position in APA Corporation (NASDAQ:APA) by 12.2% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 696,919 shares of the company’s stock after selling 96,788 shares during the period. APA comprises approximately 1.7% of KLCM Advisors Inc.’s portfolio, making the stock its 11th biggest holding. KLCM Advisors Inc. owned about 0.20% of APA worth $16,921,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. AQR Capital Management LLC boosted its position in APA by 157.1% during the 2nd quarter. AQR Capital Management LLC now owns 3,060,135 shares of the company’s stock valued at $55,970,000 after buying an additional 1,869,891 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of APA by 13.6% during the third quarter. Dimensional Fund Advisors LP now owns 14,030,230 shares of the company’s stock valued at $340,657,000 after acquiring an additional 1,674,739 shares during the last quarter. Evergreen Capital Management LLC boosted its holdings in shares of APA by 7,627.3% during the third quarter. Evergreen Capital Management LLC now owns 1,013,516 shares of the company’s stock worth $24,608,000 after purchasing an additional 1,000,400 shares during the period. SG Americas Securities LLC grew its stake in shares of APA by 160.5% in the third quarter. SG Americas Securities LLC now owns 336,277 shares of the company’s stock worth $8,165,000 after purchasing an additional 892,438 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its holdings in APA by 43.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,668,505 shares of the company’s stock valued at $56,092,000 after purchasing an additional 806,252 shares during the period. 83.01% of the stock is currently owned by institutional investors.

APA Stock Up 3.6%

Shares of NASDAQ:APA opened at $32.97 on Thursday. APA Corporation has a 52-week low of $13.58 and a 52-week high of $33.78. The firm has a market capitalization of $11.65 billion, a P/E ratio of 8.26, a P/E/G ratio of 16.50 and a beta of 0.67. The stock has a 50 day moving average price of $27.51 and a 200-day moving average price of $25.20. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.82 and a current ratio of 0.82.

APA (NASDAQ:APA) last released its earnings results on Wednesday, February 25th. The company reported $0.91 EPS for the quarter, beating analysts’ consensus estimates of $0.62 by $0.29. The company had revenue of $1.99 billion during the quarter, compared to analysts’ expectations of $1.89 billion. APA had a return on equity of 19.89% and a net margin of 15.55%.The firm’s revenue for the quarter was down 26.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.79 EPS. As a group, equities research analysts anticipate that APA Corporation will post 4.03 EPS for the current fiscal year.

APA Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 22nd. Stockholders of record on Wednesday, April 22nd will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date is Wednesday, April 22nd. APA’s payout ratio is 25.06%.

Key Stories Impacting APA

Here are the key news stories impacting APA this week:

• Positive Sentiment: RBC Capital raised its price target to $29 (from $26) and cited oil strength and earnings momentum as support for the shares. RBC Capital Raises APA Target
• Positive Sentiment: Goldman Sachs increased its price target to $29 (while keeping a “sell” rating) — the higher target signals improved near-term fundamentals even if the firm’s stance remains cautious. Goldman Sachs Adjusts Price Target
• Positive Sentiment: Capital One raised its target to $32 and kept an “overweight” rating, reinforcing a constructive view of APA’s near-term outlook. Capital One Raises Target
• Positive Sentiment: Wolfe Research and Jefferies issued bullish commentary/raised targets (Jefferies to $26) and forecasts suggesting upside potential over a longer horizon. Jefferies & Wolfe Coverage
• Neutral Sentiment: A Seeking Alpha piece argues APA is still undervalued and advancing across operations — useful for investor debate but opinion-driven rather than new company guidance. Seeking Alpha Article
• Neutral Sentiment: Short-interest reports in the feed show zero or faulty values (0 shares / NaN changes), indicating data glitches rather than a credible change in short positioning; treat as noise for now.
• Negative Sentiment: Zacks Research trimmed Q2 2026 and Q4 2026 EPS estimates (to $0.44 and $0.46, respectively) and set FY2028 at $2.64, while keeping a “Hold” rating — small near-term earnings cuts that could cap upside if downward revisions continue.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on APA shares. BMO Capital Markets upped their price target on APA from $30.00 to $35.00 and gave the company a “market perform” rating in a research report on Tuesday, March 3rd. Morgan Stanley reduced their target price on APA from $23.00 to $21.00 and set an “underweight” rating on the stock in a research note on Friday, January 23rd. Johnson Rice upgraded APA from a “hold” rating to an “accumulate” rating and upped their target price for the company from $35.00 to $40.00 in a report on Thursday, December 4th. Zacks Research raised APA from a “strong sell” rating to a “hold” rating in a research note on Thursday, February 26th. Finally, JPMorgan Chase & Co. lifted their price target on shares of APA from $25.00 to $29.00 and gave the company a “neutral” rating in a report on Friday, February 27th. Seven investment analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and four have given a Sell rating to the company. According to MarketBeat, APA currently has an average rating of “Hold” and a consensus target price of $29.63.

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.