APA (NASDAQ:APA) Price Target Raised to $24.00

APA (NASDAQ:APA) had its target price lifted by Mizuho from $22.00 to $24.00 in a report issued on Thursday morning,MarketScreener reports. The firm currently has an underperform rating on the stock.

Several other research analysts have also recently weighed in on APA. Royal Bank Of Canada boosted their price objective on shares of APA from $25.00 to $26.00 and gave the stock a “sector perform” rating in a research report on Monday, January 26th. Sanford C. Bernstein lowered their target price on APA from $26.00 to $25.00 and set a “market perform” rating for the company in a research note on Monday, January 5th. Johnson Rice raised APA from a “hold” rating to an “accumulate” rating and upped their price target for the company from $35.00 to $40.00 in a research note on Thursday, December 4th. The Goldman Sachs Group raised their price target on APA from $21.00 to $23.00 and gave the company a “sell” rating in a report on Thursday, January 22nd. Finally, JPMorgan Chase & Co. boosted their price objective on APA from $25.00 to $29.00 and gave the stock a “neutral” rating in a report on Friday. Seven analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $27.39.

APA Price Performance

NASDAQ:APA opened at $30.37 on Thursday. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.62. The firm has a market cap of $10.77 billion, a PE ratio of 7.61, a price-to-earnings-growth ratio of 13.88 and a beta of 0.74. APA has a 12 month low of $13.58 and a 12 month high of $30.42. The company’s 50-day moving average price is $26.28 and its two-hundred day moving average price is $24.56.

APA (NASDAQ:APA) last issued its quarterly earnings data on Wednesday, February 25th. The company reported $0.91 EPS 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 firm earned $0.79 EPS. The company’s revenue was down 26.6% on a year-over-year basis. On average, equities analysts anticipate that APA will post 4.03 EPS for the current fiscal year.

APA Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 22nd. Stockholders 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 3.3%. The ex-dividend date is Wednesday, April 22nd. APA’s payout ratio is presently 25.06%.

Institutional Trading of APA

Hedge funds have recently modified their holdings of the company. Allspring Global Investments Holdings LLC increased its stake in shares of APA by 869.7% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 194,418 shares of the company’s stock valued at $4,872,000 after purchasing an additional 174,369 shares during the last quarter. Prudential Financial Inc. lifted its position in shares of APA by 38.8% during the 2nd quarter. Prudential Financial Inc. now owns 284,275 shares of the company’s stock worth $5,199,000 after buying an additional 79,451 shares during the last quarter. Jackson Creek Investment Advisors LLC acquired a new stake in APA in the third quarter valued at about $2,337,000. AE Wealth Management LLC grew its position in APA by 2,049.4% in the third quarter. AE Wealth Management LLC now owns 403,511 shares of the company’s stock valued at $9,797,000 after acquiring an additional 384,738 shares during the last quarter. Finally, Schroder Investment Management Group raised its stake in APA by 22.0% during the second quarter. Schroder Investment Management Group now owns 914,667 shares of the company’s stock worth $16,729,000 after acquiring an additional 165,006 shares in the last quarter. 83.01% of the stock is currently owned by institutional investors and hedge funds.

Key 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

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.