APi Group (NYSE:APG) Given New $57.00 Price Target at Citigroup

Posted by Brian Himes on Oct 30th, 2026

APi Group (NYSE:APG – Get Free Report) had its target price upped by Citigroup from $55.00 to $57.00 in a report released on Friday, Benzinga reports. The brokerage presently has a “buy” rating on the stock. Citigroup‘s price objective would indicate a potential upside of 28.84% from the company’s current price.

APG has been the topic of a number of other research reports. Wells Fargo & Company upped their price target on APi Group from $53.00 to $60.00 and gave the company an “overweight” rating in a research report on Friday. Weiss Ratings upgraded APi Group from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, October 21st. Truist Financial set a $58.00 price objective on APi Group and gave the stock a “buy” rating in a research report on Friday. Jefferies Financial Group reaffirmed a “buy” rating and issued a $56.00 price objective on shares of APi Group in a research note on Friday. Finally, Wall Street Zen cut APi Group from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, APi Group presently has a consensus rating of “Buy” and a consensus target price of $54.62.

View Our Latest Analysis on APG

APi Group Trading Down 1.7%

Shares of APi Group stock traded down $0.78 during trading on Friday, hitting $44.24. The company’s stock had a trading volume of 3,998,811 shares, compared to its average volume of 2,932,988. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.39 and a quick ratio of 1.32. APi Group has a 52 week low of $34.87 and a 52 week high of $49.99. The stock has a market cap of $19.12 billion, a price-to-earnings ratio of -66.03, a price-to-earnings-growth ratio of 1.86 and a beta of 1.57. The stock has a 50-day moving average price of $39.59 and a two-hundred day moving average price of $41.91.

APi Group (NYSE:APG – Get Free Report) last posted its quarterly earnings data on Thursday, October 29th. The company reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.03. The business had revenue of $2.55 billion during the quarter, compared to the consensus estimate of $2.40 billion. APi Group had a return on equity of 37.59% and a net margin of 3.99%. APi Group’s quarterly revenue was up 22.5% on a year-over-year basis. During the same period in the prior year, the business posted $0.41 earnings per share. Equities research analysts anticipate that APi Group will post 1.73 EPS for the current fiscal year.

Insiders Place Their Bets

In other APi Group news, Director Ian G. H. Ashken sold 214,928 shares of the company’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $39.91, for a total transaction of $8,577,776.48. Following the sale, the director owned 9,262,356 shares of the company’s stock, valued at approximately $369,660,627.96. This represents a 2.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director James E. Lillie sold 285,000 shares of the stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $39.84, for a total value of $11,354,400.00. Following the sale, the director owned 8,952,350 shares of the company’s stock, valued at approximately $356,661,624. The trade was a 3.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 660,000 shares of company stock valued at $26,353,682 in the last three months. 18.70% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Provenance Wealth Advisors LLC bought a new stake in shares of APi Group during the 3rd quarter valued at about $538,000. VIRGINIA RETIREMENT SYSTEMS ET Al grew its stake in APi Group by 31.3% during the third quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 47,400 shares of the company’s stock worth $1,830,000 after purchasing an additional 11,300 shares during the period. Choreo LLC increased its holdings in APi Group by 5.4% in the third quarter. Choreo LLC now owns 100,993 shares of the company’s stock worth $3,898,000 after purchasing an additional 5,154 shares in the last quarter. North Dakota State Investment Board increased its holdings in APi Group by 9.9% in the third quarter. North Dakota State Investment Board now owns 11,677 shares of the company’s stock worth $451,000 after purchasing an additional 1,054 shares in the last quarter. Finally, Asset Management One Co. Ltd. increased its holdings in APi Group by 25.2% in the third quarter. Asset Management One Co. Ltd. now owns 220,934 shares of the company’s stock worth $8,528,000 after purchasing an additional 44,450 shares in the last quarter. 86.62% of the stock is owned by institutional investors.

APi Group News Summary

Here are the key news stories impacting APi Group this week:

Positive Sentiment: APi Group reported record third-quarter revenue of approximately $2.55 billion, up 22.5% year over year, while adjusted EBITDA increased 24.6% to $350 million. Earnings of $0.50 per share exceeded the $0.47 consensus estimate, and revenue surpassed expectations of $2.40 billion. APi Group Reports Record Third Quarter 2026 Financial Results and Raises Full-Year 2026 Outlook
Positive Sentiment: Management raised its 2026 outlook for the third time this year, now forecasting $9.20 billion-$9.25 billion in revenue and $1.235 billion-$1.255 billion in adjusted EBITDA. The company also cited double-digit organic growth, a roughly $5 billion backlog and strong demand entering the fourth quarter and 2027. APi raises 2026 outlook
Positive Sentiment: Analysts responded favorably after the earnings release. Truist raised its price target to $58 from $55 while maintaining a Buy rating, and Wells Fargo increased its target to $60 from $53 with an Overweight rating. The revisions indicate greater confidence in APG’s earnings growth and margin expansion prospects. Truist Securities Adjusts Price Target on APi Group
Negative Sentiment: Recent insider-trading data shows substantial selling, with no reported insider purchases in the past six months. Notable sales by Martin E. Franklin, Ian G. H. Ashken and James E. Lillie could create an overhang, although these transactions do not necessarily reflect the company’s operating outlook. APi Group Jumps After Record Q3 Results and Higher 2026 Outlook

About APi Group

(Get Free Report)

APi Group Corporation (NYSE: APG) is a global provider of safety, specialty and industrial services. The company serves commercial, industrial and infrastructure customers through a network of operating businesses that provide services designed to protect people, property and critical assets.

APi Group’s offerings include fire protection and life-safety systems, security services, heating, ventilation and air-conditioning services, industrial maintenance, specialty contracting and infrastructure services.