APA (NASDAQ:APA) Given New $47.00 Price Target at Stephens

Posted by George Bondi on Jun 11th, 2026

APA (NASDAQ:APA – Free Report) had its target price raised by Stephens from $43.00 to $47.00 in a research report sent to investors on Wednesday,MarketScreener reports.

Several other brokerages have also recently weighed in on APA. JPMorgan Chase & Co. lifted their price target on APA from $38.00 to $41.00 in a research report on Friday, May 8th. The Goldman Sachs Group upped their price objective on APA from $31.00 to $34.00 and gave the stock a “sell” rating in a research report on Tuesday, May 19th. Zacks Research lowered shares of APA from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 26th. Scotiabank boosted their target price on shares of APA from $26.00 to $36.00 and gave the company a “sector perform” rating in a research note on Wednesday, April 22nd. Finally, Barclays increased their price target on shares of APA from $35.00 to $41.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 26th. Eight equities research analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $41.04.

Check Out Our Latest Research Report on APA

APA Stock Performance

NASDAQ:APA traded up $0.06 during mid-day trading on Wednesday, hitting $38.06. The company’s stock had a trading volume of 448,881 shares, compared to its average volume of 7,442,470. The business’s fifty day moving average is $38.52 and its two-hundred day moving average is $31.92. The stock has a market cap of $13.45 billion, a price-to-earnings ratio of 8.88 and a beta of 0.33. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.92 and a quick ratio of 0.92. APA has a 1 year low of $17.74 and a 1 year high of $45.66.

APA (NASDAQ:APA – Get Free Report) last released its quarterly earnings data on Wednesday, May 6th. The company reported $1.38 earnings per share for the quarter, beating analysts’ consensus estimates of $1.11 by $0.27. The business had revenue of $2.33 billion during the quarter, compared to analyst estimates of $2.13 billion. APA had a return on equity of 20.70% and a net margin of 17.38%.The company’s revenue was down 11.7% on a year-over-year basis. During the same quarter last year, the business posted $1.06 EPS. Analysts anticipate that APA will post 5.5 EPS for the current fiscal year.

APA Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, August 21st. Stockholders of record on Wednesday, July 22nd will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Wednesday, July 22nd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.6%. APA’s payout ratio is currently 23.31%.

Insider Transactions at APA

In related news, Director Matthew Regis Bob sold 23,000 shares of APA stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $36.23, for a total value of $833,290.00. Following the sale, the director directly owned 6,634 shares in the company, valued at approximately $240,349.82. The trade was a 77.61% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, VP Mark D. Maddox sold 9,800 shares of the business’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $40.04, for a total value of $392,392.00. Following the sale, the vice president owned 66,810 shares of the company’s stock, valued at approximately $2,675,072.40. This trade represents a 12.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.73% of the company’s stock.

Institutional Trading of APA

Several large investors have recently made changes to their positions in the company. Arrowstreet Capital Limited Partnership lifted its holdings in APA by 1,726.2% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 4,834,502 shares of the company’s stock valued at $205,176,000 after purchasing an additional 4,569,779 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in APA by 76.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 7,171,963 shares of the company’s stock worth $175,426,000 after purchasing an additional 3,117,032 shares during the last quarter. AQR Capital Management LLC grew its holdings in shares of APA by 157.1% during the second quarter. AQR Capital Management LLC now owns 3,060,135 shares of the company’s stock worth $55,970,000 after buying an additional 1,869,891 shares in the last quarter. Morgan Stanley grew its holdings in shares of APA by 21.8% during the fourth quarter. Morgan Stanley now owns 10,425,586 shares of the company’s stock worth $255,010,000 after buying an additional 1,864,900 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its position in shares of APA by 13.6% in the third quarter. Dimensional Fund Advisors LP now owns 14,030,230 shares of the company’s stock valued at $340,657,000 after buying an additional 1,674,739 shares during the last quarter. 83.01% of the stock is currently owned by hedge funds and other institutional investors.

APA Company Profile

(Get Free Report)

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.