Convergence Investment Partners LLC Boosts Stock Holdings in APA Corporation $APA

Posted by Stanley Muller on Jul 21st, 2026

Convergence Investment Partners LLC raised its position in shares of APA Corporation (NASDAQ:APA – Free Report) by 25.9% in the 1st quarter, Holdings Channel.com reports. The firm owned 80,668 shares of the company’s stock after acquiring an additional 16,585 shares during the quarter. Convergence Investment Partners LLC’s holdings in APA were worth $3,424,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of APA. Rockefeller Capital Management L.P. lifted its position in shares of APA by 0.4% during the 4th quarter. Rockefeller Capital Management L.P. now owns 106,667 shares of the company’s stock valued at $2,609,000 after buying an additional 375 shares during the last quarter. Coldstream Capital Management Inc. grew its stake in shares of APA by 1.4% during the 4th quarter. Coldstream Capital Management Inc. now owns 28,171 shares of the company’s stock worth $689,000 after acquiring an additional 396 shares during the period. Patriot Financial Group Insurance Agency LLC increased its holdings in APA by 3.2% in the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 14,648 shares of the company’s stock worth $358,000 after acquiring an additional 461 shares during the last quarter. Hollencrest Capital Management increased its holdings in APA by 520.8% in the 1st quarter. Hollencrest Capital Management now owns 596 shares of the company’s stock worth $25,000 after acquiring an additional 500 shares during the last quarter. Finally, Vanguard Personalized Indexing Management LLC increased its holdings in APA by 0.4% in the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 130,869 shares of the company’s stock worth $3,201,000 after acquiring an additional 527 shares during the last quarter. 83.01% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

APA has been the topic of several recent research reports. Morgan Stanley dropped their price objective on shares of APA from $44.00 to $41.00 and set an “underweight” rating on the stock in a report on Friday, June 26th. Evercore lifted their target price on shares of APA from $25.00 to $40.00 and gave the stock a “neutral” rating in a research note on Tuesday, March 24th. Scotiabank boosted their price target on shares of APA from $26.00 to $36.00 and gave the company a “sector perform” rating in a research report on Wednesday, April 22nd. JPMorgan Chase & Co. upped their price target on shares of APA from $38.00 to $41.00 in a research note on Friday, May 8th. Finally, Capital One Financial lifted their price objective on shares of APA from $50.00 to $51.00 and gave the company an “overweight” rating in a research note on Tuesday, May 12th. Eight analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, APA currently has a consensus rating of “Hold” and a consensus price target of $40.42.

Get Our Latest Analysis on APA

APA Stock Down 1.1%

Shares of NASDAQ APA opened at $34.84 on Tuesday. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.58. The company has a market cap of $12.31 billion, a P/E ratio of 8.12 and a beta of 0.35. APA Corporation has a 52 week low of $17.86 and a 52 week high of $45.66. The business has a 50-day simple moving average of $35.67 and a two-hundred day simple moving average of $33.66.

APA (NASDAQ:APA – Get Free Report) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $1.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.11 by $0.27. APA had a net margin of 17.38% and a return on equity of 20.70%. The firm had revenue of $2.33 billion for the quarter, compared to the consensus estimate of $2.13 billion. During the same period in the prior year, the firm posted $1.06 earnings per share. The company’s revenue for the quarter was down 11.7% on a year-over-year basis. Research analysts anticipate that APA Corporation will post 5 earnings per share for the current fiscal year.

APA Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 21st. Investors of record on Wednesday, July 22nd will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend is Wednesday, July 22nd. APA’s dividend payout ratio is currently 23.31%.

Insiders Place Their Bets

In other APA news, VP Mark D. Maddox sold 9,800 shares of APA stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $40.04, for a total transaction of $392,392.00. Following the completion of the sale, the vice president owned 66,810 shares of the company’s stock, valued at $2,675,072.40. The trade was a 12.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.73% of the stock is owned by insiders.

APA Company Profile

(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.