Deutsche Bank AG Acquires New Position in APA Corporation $APA

Key Points

• Deutsche Bank initiated a position in APA, buying 1.09 million shares valued at approximately $35.4 million, or about 0.31% of the company. Institutional investors collectively own 83.01% of APA.
• Analyst sentiment remains mixed: some firms raised their price targets or upgraded the stock, while others issued downgrades. APA has a consensus “Hold” rating and an average price target of $41.50.
• APA reported quarterly EPS of $1.89, narrowly missing the $1.90 consensus estimate, while revenue of $2.37 billion fell short of the $2.46 billion forecast. Shares opened at $43.39, near their 52-week high of $45.66.

Deutsche Bank AG bought a new position in shares of APA Corporation (NASDAQ:APA - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,085,896 shares of the company's stock, valued at approximately $35,368,000. Deutsche Bank AG owned about 0.31% of APA at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. Altshuler Shaham Ltd boosted its stake in APA by 36.7% in the first quarter. Altshuler Shaham Ltd now owns 1,229 shares of the company's stock valued at $52,000 after buying an additional 330 shares in the last quarter. Rockefeller Capital Management L.P. lifted its holdings in shares of APA by 0.4% in the fourth quarter. Rockefeller Capital Management L.P. now owns 106,667 shares of the company's stock worth $2,609,000 after acquiring an additional 375 shares during the last quarter. Coldstream Capital Management Inc. lifted its holdings in shares of APA by 1.4% in the fourth quarter. Coldstream Capital Management Inc. now owns 28,171 shares of the company's stock worth $689,000 after acquiring an additional 396 shares during the last quarter. Fortitude Family Office LLC lifted its holdings in shares of APA by 37.9% in the second quarter. Fortitude Family Office LLC now owns 1,489 shares of the company's stock worth $48,000 after acquiring an additional 409 shares during the last quarter. Finally, IRON Financial LLC boosted its stake in shares of APA by 7.2% in the 2nd quarter. IRON Financial LLC now owns 7,279 shares of the company's stock valued at $237,000 after purchasing an additional 490 shares in the last quarter. Institutional investors and hedge funds own 83.01% of the company's stock.

Key Headlines Impacting APA

Here are the key news stories impacting APA this week:

• Positive Sentiment: Argus upgraded APA to Buy, providing a stronger analyst endorsement for the oil and gas producer and potentially supporting investor sentiment. APA Raised to Buy at Argus
• Positive Sentiment: Zacks Research raised multiple earnings forecasts: FY2026 EPS increased to $4.40 from $4.22, FY2027 to $3.16 from $2.99, FY2028 to $3.59 from $3.38, Q1 2027 to $0.94 from $0.84, Q3 2027 to $0.72 from $0.68, and Q4 2027 to $0.73 from $0.69. These revisions indicate improved expectations for APA’s medium-term earnings performance.
• Neutral Sentiment: Zacks maintained a Hold rating despite the higher estimates. The revisions remain below the consensus full-year estimate of $5.27 EPS for the current fiscal year, suggesting analysts see upside in longer-term forecasts but not enough evidence for a more decisive rating change. APA analyst estimates
• Negative Sentiment: Q1 2028 EPS expectations were reduced to $0.99 from $1.03, partially offsetting the broader upward revisions and highlighting uncertainty around future commodity prices, production levels, and operating costs.

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. Zacks Research cut shares of APA from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, May 26th. The Goldman Sachs Group cut their price objective on APA from $34.00 to $32.00 and set a "sell" rating on the stock in a report on Tuesday, June 30th. Stephens boosted their price objective on APA from $43.00 to $47.00 in a research report on Wednesday, June 10th. Mizuho raised APA to a "strong sell" rating in a report on Friday, July 31st. Finally, Wall Street Zen upgraded APA from a "hold" rating to a "buy" rating in a research report on Saturday. Ten analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and four have given a Sell rating to the company's stock. According to MarketBeat.com, APA currently has a consensus rating of "Hold" and a consensus target price of $41.50.

APA Trading Down 2.3%

Shares of APA stock opened at $43.39 on Friday. The stock has a market capitalization of $15.20 billion, a PE ratio of 9.17, a price-to-earnings-growth ratio of 0.80 and a beta of 0.35. APA Corporation has a 52 week low of $20.71 and a 52 week high of $45.66. The stock has a 50 day moving average price of $35.97 and a two-hundred day moving average price of $35.79. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.95 and a current ratio of 0.95.

APA (NASDAQ:APA - Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The company reported $1.89 earnings per share for the quarter, missing analysts' consensus estimates of $1.90 by ($0.01). The business had revenue of $2.37 billion during the quarter, compared to the consensus estimate of $2.46 billion. APA had a net margin of 19.48% and a return on equity of 24.84%. During the same period last year, the business posted $0.87 earnings per share. As a group, equities analysts anticipate that APA Corporation will post 5.54 earnings per share for the current fiscal year.

APA Company Profile

APA Corporation NASDAQ: APA is an independent exploration and production company engaged in the acquisition, development and production of oil and natural gas resources. The company operates through three core regions: the United States, Egypt and the North Sea. Through its integrated approach, APA combines geological and geophysical expertise with technical innovation to identify and develop hydrocarbons in both onshore and offshore settings.

In the United States, APA's largest position is in the Permian Basin of West Texas and southeastern New Mexico, where it holds substantial acreage dedicated to oil-focused drilling and production.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source