APi Group Corporation $APG Stock Position Decreased by Aperture Investors LLC

Key Points

• Aperture Investors LLC reduced its holdings in APi Group Corporation (NYSE:APG) by 12.4%, owning 181,951 shares after selling 25,746 shares in the first quarter, valued at approximately $6.5 million.
• Several institutional investors, including T. Rowe Price Investment Management and Durable Capital Partners, have increased their stakes in APi Group, with T. Rowe Price growing its position by 75.3% to over 6.7 million shares.
• APi Group recently reported $0.39 EPS, exceeding analysts' expectations, and had a revenue increase of 15% year-over-year, with an average price target of $36.10 set by analysts.

Aperture Investors LLC decreased its holdings in APi Group Corporation (NYSE:APG - Free Report) by 12.4% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 181,951 shares of the company's stock after selling 25,746 shares during the quarter. Aperture Investors LLC owned 0.07% of APi Group worth $6,507,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. Cresset Asset Management LLC grew its stake in shares of APi Group by 3.6% in the first quarter. Cresset Asset Management LLC now owns 10,693 shares of the company's stock worth $382,000 after purchasing an additional 374 shares in the last quarter. Captrust Financial Advisors grew its stake in shares of APi Group by 50.0% in the fourth quarter. Captrust Financial Advisors now owns 14,508 shares of the company's stock worth $522,000 after purchasing an additional 4,839 shares in the last quarter. Russell Investments Group Ltd. grew its stake in shares of APi Group by 7.1% in the first quarter. Russell Investments Group Ltd. now owns 249,077 shares of the company's stock worth $8,907,000 after purchasing an additional 16,419 shares in the last quarter. Cetera Investment Advisers grew its stake in shares of APi Group by 85.6% in the fourth quarter. Cetera Investment Advisers now owns 63,123 shares of the company's stock worth $2,271,000 after purchasing an additional 29,104 shares in the last quarter. Finally, Comerica Bank grew its stake in shares of APi Group by 18.9% in the fourth quarter. Comerica Bank now owns 10,264 shares of the company's stock worth $369,000 after purchasing an additional 1,631 shares in the last quarter. Institutional investors own 86.62% of the company's stock.

Insiders Place Their Bets

In other APi Group news, Director James E. Lillie sold 95,000 shares of the firm's stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $35.23, for a total transaction of $3,346,850.00. Following the completion of the sale, the director directly owned 7,348,101 shares in the company, valued at approximately $258,873,598.23. This trade represents a 1.28% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Ian G. H. Ashken sold 205,550 shares of the firm's stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $35.24, for a total value of $7,243,582.00. Following the sale, the director owned 7,968,167 shares of the company's stock, valued at $280,798,205.08. The trade was a 2.51% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 589,843 shares of company stock worth $20,694,672. 17.00% of the stock is currently owned by company insiders.

APi Group Stock Down 2.4%

NYSE APG traded down $0.86 during trading on Tuesday, reaching $34.82. 4,170,277 shares of the company's stock were exchanged, compared to its average volume of 3,049,776. APi Group Corporation has a fifty-two week low of $20.50 and a fifty-two week high of $36.55. The firm has a market capitalization of $14.48 billion, a PE ratio of 108.82 and a beta of 1.61. The company has a current ratio of 1.45, a quick ratio of 1.37 and a debt-to-equity ratio of 0.87. The company's fifty day simple moving average is $34.85 and its 200-day simple moving average is $29.78.

APi Group (NYSE:APG - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.39 EPS for the quarter, topping analysts' consensus estimates of $0.37 by $0.02. APi Group had a return on equity of 21.33% and a net margin of 3.35%.The firm had revenue of $1.99 billion during the quarter, compared to analyst estimates of $1.88 billion. During the same period last year, the company posted $0.49 EPS. The business's quarterly revenue was up 15.0% compared to the same quarter last year. APi Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Sell-side analysts predict that APi Group Corporation will post 1.83 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on APG shares. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $34.67 target price on shares of APi Group in a research note on Friday, June 27th. Barclays restated an "overweight" rating and set a $42.00 price objective (up previously from $40.00) on shares of APi Group in a research report on Monday, August 4th. Truist Financial raised their price objective on shares of APi Group from $32.00 to $36.00 and gave the company a "buy" rating in a research report on Thursday, May 22nd. JPMorgan Chase & Co. upgraded APi Group from a "neutral" rating to an "overweight" rating and increased their price target for the company from $31.00 to $42.00 in a research report on Tuesday, July 15th. Finally, Robert W. Baird increased their price target on APi Group from $31.33 to $34.00 and gave the company an "outperform" rating in a research report on Thursday, May 22nd. Eight equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of $36.10.

APi Group Profile

APi Group Corporation provides safety and specialty services worldwide. It operates through Safety Services and Specialty Services segments. The Safety Services segment offers solutions focusing on end-to-end integrated occupancy systems, such as fire protection services; heating, ventilation, and air conditioning solutions; and entry systems, which include the design, installation, inspection, and service of these integrated systems.