Zacks Research Estimates APA’s FY2026 Earnings (NASDAQ:APA)

APA Co. (NASDAQ:APA) – Equities researchers at Zacks Research decreased their FY2026 EPS estimates for shares of APA in a research report issued to clients and investors on Tuesday, November 19th. Zacks Research analyst N. Choudhury now anticipates that the company will post earnings of $3.20 per share for the year, down from their previous estimate of $3.42. The consensus estimate for APA’s current full-year earnings is $3.97 per share.

A number of other research analysts also recently issued reports on APA. Royal Bank of Canada cut their price target on APA from $34.00 to $32.00 and set a “sector perform” rating on the stock in a report on Monday, November 11th. Susquehanna cut their target price on APA from $52.00 to $48.00 and set a “positive” rating on the stock in a research note on Friday, October 18th. Piper Sandler reduced their target price on shares of APA from $28.00 to $26.00 and set a “neutral” rating for the company in a report on Monday, November 18th. Evercore ISI lowered their price target on shares of APA from $39.00 to $33.00 and set an “in-line” rating on the stock in a report on Monday, September 30th. Finally, The Goldman Sachs Group cut their price objective on shares of APA from $26.00 to $25.00 in a research report on Friday, October 18th. Four equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $32.81.

APA Stock Performance

Shares of APA stock opened at $22.77 on Thursday. The firm has a market cap of $8.42 billion, a price-to-earnings ratio of 3.22 and a beta of 3.24. APA has a 52-week low of $21.15 and a 52-week high of $37.82. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 1.03. The company’s 50 day moving average is $24.34 and its 200 day moving average is $27.42.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. Hotchkis & Wiley Capital Management LLC boosted its position in APA by 12.6% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 30,471,834 shares of the company’s stock valued at $745,341,000 after buying an additional 3,411,270 shares during the last quarter. Harris Associates L P lifted its stake in APA by 20.8% during the 3rd quarter. Harris Associates L P now owns 24,914,700 shares of the company’s stock valued at $609,414,000 after acquiring an additional 4,293,932 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in shares of APA by 4.2% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 11,991,513 shares of the company’s stock valued at $293,312,000 after acquiring an additional 485,291 shares during the last quarter. Smead Capital Management Inc. increased its stake in shares of APA by 3.5% in the third quarter. Smead Capital Management Inc. now owns 9,667,452 shares of the company’s stock worth $236,466,000 after acquiring an additional 326,042 shares during the period. Finally, Geode Capital Management LLC raised its holdings in shares of APA by 2.5% during the third quarter. Geode Capital Management LLC now owns 9,307,186 shares of the company’s stock worth $226,928,000 after purchasing an additional 224,547 shares during the last quarter. 83.01% of the stock is owned by institutional investors and hedge funds.

APA Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Tuesday, October 22nd were paid a dividend of $0.25 per share. The ex-dividend date was Tuesday, October 22nd. This represents a $1.00 annualized dividend and a yield of 4.39%. APA’s payout ratio is presently 14.12%.

About APA

APA Corporation, an independent energy company, explores for, develops, and produces natural gas, crude oil, and natural gas liquids. It has oil and gas operations in the United States, Egypt, and North Sea. The company also has exploration and appraisal activities in Suriname, as well as holds interests in projects located in Uruguay and internationally.