Vestcor Inc Acquires 46,440 Shares of APA Corporation $APA

Vestcor Inc grew its holdings in shares of APA Corporation (NASDAQ:APA) by 179.9% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 72,259 shares of the company’s stock after purchasing an additional 46,440 shares during the period. Vestcor Inc’s holdings in APA were worth $1,754,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. raised its position in shares of APA by 2.0% in the second quarter. Charles Schwab Investment Management Inc. now owns 14,208,961 shares of the company’s stock valued at $259,882,000 after buying an additional 275,981 shares in the last quarter. Dimensional Fund Advisors LP grew its position in APA by 13.6% during the third quarter. Dimensional Fund Advisors LP now owns 14,030,230 shares of the company’s stock worth $340,657,000 after buying an additional 1,674,739 shares in the last quarter. AQR Capital Management LLC increased its stake in APA by 157.1% during the 2nd quarter. AQR Capital Management LLC now owns 3,060,135 shares of the company’s stock worth $55,970,000 after acquiring an additional 1,869,891 shares during the period. First Trust Advisors LP raised its holdings in APA by 23.9% in the 2nd quarter. First Trust Advisors LP now owns 2,710,405 shares of the company’s stock valued at $49,573,000 after acquiring an additional 522,947 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its holdings in APA by 43.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,668,505 shares of the company’s stock valued at $56,092,000 after acquiring an additional 806,252 shares in the last quarter. 83.01% of the stock is owned by institutional investors.

More APA News

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 Analyst Weigh In

Several analysts have recently issued reports on APA shares. Royal Bank Of Canada increased their target price on APA from $26.00 to $29.00 and gave the stock a “sector perform” rating in a report on Thursday, March 5th. Jefferies Financial Group boosted their price target on APA from $22.00 to $26.00 in a research note on Monday. Stephens increased their price objective on shares of APA from $23.00 to $24.00 and gave the stock an “equal weight” rating in a research note on Tuesday, February 17th. Piper Sandler raised their target price on shares of APA from $23.00 to $30.00 and gave the company a “neutral” rating in a report on Thursday, March 5th. Finally, BMO Capital Markets boosted their target price on shares of APA from $30.00 to $35.00 and gave the company a “market perform” rating in a research report on Tuesday, March 3rd. Seven analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $29.63.

APA Price Performance

Shares of NASDAQ:APA opened at $32.97 on Thursday. APA Corporation has a one year low of $13.58 and a one year high of $33.78. 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 company has a market cap of $11.65 billion, a price-to-earnings ratio of 8.26, a PEG ratio of 16.50 and a beta of 0.67. The firm has a 50 day simple moving average of $27.51 and a 200 day simple moving average of $25.20.

APA (NASDAQ:APA) last posted its earnings results 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. The firm had revenue of $1.99 billion for the quarter, compared to analysts’ expectations of $1.89 billion. APA had a net margin of 15.55% and a return on equity of 19.89%. The company’s revenue was down 26.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.79 earnings per share. Research analysts predict that APA Corporation will post 4.03 earnings per share for the current fiscal year.

APA Dividend Announcement

The company also recently disclosed 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. The ex-dividend date is Wednesday, April 22nd. This represents a $1.00 dividend on an annualized basis and a yield of 3.0%. APA’s payout ratio is currently 25.06%.

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.