APi Group (NYSE:APG) Coverage Initiated by Analysts at Jefferies Financial Group

Key Points

• Jefferies initiated coverage with a “Strong Buy” rating. APi Group has a consensus “Buy” rating from analysts, with an average price target of $54.67.
• APi Group exceeded quarterly expectations: revenue rose 22.5% year over year to $2.55 billion, while EPS of $0.50 topped the $0.47 consensus estimate.
• Investor sentiment is mixed. Institutional ownership remains high at 86.62%, but insiders sold approximately $26.4 million of shares during the last quarter.

Stock analysts at Jefferies Financial Group started coverage on shares of APi Group (NYSE:APG - Get Free Report) in a report released on Friday, Zacks reports. The firm set a "strong-buy" rating on the stock.

Several other equities research analysts also recently issued reports on APG. Truist Financial set a $58.00 price target on APi Group and gave the company a "buy" rating in a report on Friday. Weiss Ratings upgraded shares of APi Group from a "hold (c-)" rating to a "hold (c)" rating in a report on Wednesday, October 21st. Wells Fargo & Company upped their price objective on shares of APi Group from $53.00 to $60.00 and gave the company an "overweight" rating in a report on Friday. Wall Street Zen lowered shares of APi Group from a "buy" rating to a "hold" rating in a research report on Saturday, August 1st. Finally, Robert W. Baird set a $47.00 target price on shares of APi Group in a research note on Friday, July 31st. Two analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus target price of $54.67.

APi Group Price Performance

NYSE:APG opened at $44.24 on Friday. The company has a quick ratio of 1.32, a current ratio of 1.18 and a debt-to-equity ratio of 0.92. The stock's 50 day moving average price is $39.63 and its two-hundred day moving average price is $41.92. The firm has a market capitalization of $19.12 billion, a price-to-earnings ratio of 26.48, a P/E/G ratio of 2.01 and a beta of 1.57. APi Group has a 12-month low of $34.87 and a 12-month high of $49.99.

APi Group (NYSE:APG - Get Free Report) last issued its earnings results on Thursday, October 29th. The company reported $0.50 EPS for the quarter, topping the consensus estimate of $0.47 by $0.03. The company 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 38.31% and a net margin of 4.12%. The firm's revenue for the quarter was up 22.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.41 EPS. On average, analysts anticipate that APi Group will post 1.74 earnings per share for the current year.

Insider Buying and Selling

In other news, Director Ian Ashken sold 214,928 shares of the stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $39.91, for a total transaction of $8,577,776.48. Following the transaction, the director owned 9,262,356 shares in the company, valued at approximately $369,660,627.96. This trade represents a 2.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director James Lillie sold 285,000 shares of the company's stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $39.84, for a total value of $11,354,400.00. Following the completion of the transaction, the director directly owned 8,952,350 shares in the company, valued at approximately $356,661,624. This represents 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. In the last quarter, insiders have sold 660,000 shares of company stock worth $26,353,682. 18.70% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On APi Group

A number of institutional investors have recently modified their holdings of the business. Squarepoint Ops LLC lifted its position in shares of APi Group by 125.4% during the 2nd quarter. Squarepoint Ops LLC now owns 967,869 shares of the company's stock worth $40,989,000 after buying an additional 538,508 shares during the last quarter. Aubrey Capital Management Ltd bought a new position in APi Group in the second quarter valued at about $2,782,000. WINTON GROUP Ltd bought a new position in APi Group in the second quarter valued at about $1,160,000. Principal Financial Group Inc. grew its position in APi Group by 7.5% in the first quarter. Principal Financial Group Inc. now owns 855,638 shares of the company's stock valued at $34,670,000 after acquiring an additional 59,715 shares during the last quarter. Finally, JNBA Financial Advisors raised its stake in APi Group by 66.6% during the second quarter. JNBA Financial Advisors now owns 699,242 shares of the company's stock worth $29,613,000 after acquiring an additional 279,448 shares in the last quarter. Institutional investors own 86.62% of the company's stock.

Key Stories Impacting APi Group

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

• Positive Sentiment: Record Q3 results: APi reported revenue of approximately $2.55 billion, up 22.5% year over year and ahead of the $2.40 billion consensus estimate. Adjusted EBITDA increased 24.6% to $350 million, while adjusted EPS of $0.50 exceeded expectations of $0.47 and rose from $0.41 a year earlier. APi Group Reports Record Third Quarter 2026 Financial Results and Raises Full-Year 2026 Outlook
• Positive Sentiment: Higher 2026 outlook: Management raised its full-year revenue forecast to $9.20 billion-$9.25 billion and adjusted EBITDA guidance to $1.235 billion-$1.255 billion, marking the third guidance increase this year. Management also cited double-digit organic growth, strong demand and a goal of reaching a 16% adjusted EBITDA margin by 2028. APi raises 2026 outlook
• Positive Sentiment: Analyst targets increased: Truist raised its APG price target to $58 from $55 while maintaining a Buy rating. Wells Fargo lifted its target to $60 from $53 and kept an Overweight rating, implying substantial upside from the referenced trading level. Truist Securities adjusts APi Group price target
• Neutral Sentiment: Institutional positioning was mixed: Several large investors added APG shares during the latest reporting quarter, while others—including Viking Global Investors—reduced or exited positions. This suggests continued institutional interest but not a uniform bullish view.
• Negative Sentiment: Insider selling may weigh on sentiment: Reported insider activity over the past six months consisted of sales rather than purchases, including sizable transactions by Martin Franklin, Ian Ashken and James Lillie. These sales do not necessarily reflect operating concerns, but they can create an overhang for investors.

APi Group Company Profile

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.

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