APi Group (NYSE:APG) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

Key Points

• JPMorgan raised APi Group’s price target to $55 from $50 and maintained an “overweight” rating, implying 24.32% upside from the previous close. Analysts overall rate the stock “Buy,” with an average target of $54.67.
• APi Group reported strong quarterly results, with revenue up 22.5% year over year to $2.55 billion and EPS of $0.50 exceeding estimates. Management also raised its full-year revenue and adjusted EBITDA outlook.
• Insiders sold $26.4 million of shares over the past three months, while institutional investors own 86.62% of the stock. Despite the insider selling, several major funds increased their positions.

APi Group (NYSE:APG - Get Free Report) had its price target upped by JPMorgan Chase & Co. from $50.00 to $55.00 in a research note issued to investors on Friday, Benzinga reports. The firm currently has an "overweight" rating on the stock. JPMorgan Chase & Co.'s price objective would suggest a potential upside of 24.32% from the company's previous close.

APG has been the subject of several other research reports. Jefferies Financial Group reissued a "buy" rating and set a $56.00 price objective on shares of APi Group in a research report on Friday. Citigroup boosted their price objective on shares of APi Group from $55.00 to $57.00 and gave the stock a "buy" rating in a research note on Friday. Robert W. Baird set a $47.00 price objective on shares of APi Group in a research note on Friday, July 31st. Weiss Ratings raised shares of APi Group from a "hold (c-)" rating to a "hold (c)" rating in a report on Wednesday, October 21st. Finally, UBS Group set a $52.00 price objective on APi Group in a research report on Monday, July 20th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, APi Group currently has an average rating of "Buy" and an average price target of $54.67.

APi Group Stock Performance

Shares of APi Group stock traded down $0.78 during trading on Friday, hitting $44.24. 3,998,811 shares of the stock were exchanged, compared to its average volume of 2,932,988. The company has a fifty day moving average price of $39.59 and a 200-day moving average price of $41.91. The stock has a market capitalization 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. APi Group has a 1-year low of $34.87 and a 1-year high of $49.99. The company has a current ratio of 1.39, a quick ratio of 1.32 and a debt-to-equity ratio of 0.91.

APi Group (NYSE:APG - Get Free Report) last released its quarterly earnings results on Thursday, October 29th. The company reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.03. The firm had revenue of $2.55 billion during the quarter, compared to analyst estimates of $2.40 billion. APi Group had a net margin of 3.99% and a return on equity of 37.59%. The company's revenue was up 22.5% compared to the same quarter last year. During the same quarter last year, the business earned $0.41 EPS. As a group, equities analysts predict that APi Group will post 1.73 EPS for the current fiscal year.

Insider Activity at APi Group

In related news, Director James E. Lillie sold 285,000 shares of the firm's stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $39.84, for a total transaction 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. This trade represents a 3.09% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ian G. H. Ashken sold 85,072 shares of the stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $40.36, for a total transaction of $3,433,505.92. Following the completion of the transaction, the director directly owned 9,177,284 shares in the company, valued at approximately $370,395,182.24. This represents a 0.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 660,000 shares of company stock valued at $26,353,682. Company insiders own 18.70% of the company's stock.

Institutional Trading of APi Group

Institutional investors and hedge funds have recently modified their holdings of the business. Janus Henderson Group PLC lifted its holdings in shares of APi Group by 1.1% during the first quarter. Janus Henderson Group PLC now owns 23,367,041 shares of the company's stock valued at $946,846,000 after purchasing an additional 250,873 shares during the last quarter. Montrusco Bolton Investments Inc. increased its position in shares of APi Group by 50.5% during the first quarter. Montrusco Bolton Investments Inc. now owns 4,652,145 shares of the company's stock worth $183,537,000 after acquiring an additional 1,561,990 shares during the period. Bank of New York Mellon Corp purchased a new stake in APi Group during the 2nd quarter worth approximately $93,030,000. Cooke & Bieler LP grew its position in shares of APi Group by 13.6% during the 3rd quarter. Cooke & Bieler LP now owns 2,030,753 shares of the company's stock valued at $78,387,000 after acquiring an additional 243,225 shares during the period. Finally, Sei Investments Co. grew its stake in APi Group by 0.4% during the 1st quarter. Sei Investments Co. now owns 1,046,852 shares of the company's stock valued at $42,419,000 after acquiring an additional 3,999 shares in the last quarter. 86.62% of the stock is owned by hedge funds and other institutional investors.

Key APi Group News

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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