Vanguard Group Inc. Sells 343,976 Shares of APi Group Corporation $APG

Key Points

• Vanguard trimmed its stake in APi Group by 1.0%, selling 343,976 shares and now owns 34,794,791 shares (about 8.37%) valued at roughly $1.33 billion.
• Q1 results beat estimates—$0.32 EPS vs. $0.30 and $1.98B revenue vs. $1.92B—but EPS was down year‑over‑year and guidance was roughly in line with consensus, limiting upside for the stock.
• Insider selling was heavy: company insiders disposed of 3,682,000 shares (~$152.3M) last quarter (directors sold large blocks), while institutional investors own about 86.62% and insiders hold roughly 18.70% of the stock.

Vanguard Group Inc. decreased its holdings in shares of APi Group Corporation (NYSE:APG - Free Report) by 1.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 34,794,791 shares of the company's stock after selling 343,976 shares during the period. Vanguard Group Inc. owned approximately 8.37% of APi Group worth $1,331,249,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Sound Income Strategies LLC purchased a new position in shares of APi Group in the 4th quarter worth about $27,000. Clearstead Advisors LLC raised its holdings in shares of APi Group by 105.7% during the 3rd quarter. Clearstead Advisors LLC now owns 831 shares of the company's stock valued at $29,000 after buying an additional 427 shares in the last quarter. Silicon Valley Capital Partners lifted its position in APi Group by 50.0% in the 3rd quarter. Silicon Valley Capital Partners now owns 858 shares of the company's stock worth $29,000 after buying an additional 286 shares during the last quarter. Parallel Advisors LLC lifted its position in APi Group by 55.3% in the 3rd quarter. Parallel Advisors LLC now owns 834 shares of the company's stock worth $29,000 after buying an additional 297 shares during the last quarter. Finally, Steigerwald Gordon & Koch Inc. purchased a new stake in APi Group in the third quarter worth approximately $31,000. Hedge funds and other institutional investors own 86.62% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on APG shares. Citigroup reaffirmed a "buy" rating on shares of APi Group in a research note on Friday. Wall Street Zen cut shares of APi Group from a "buy" rating to a "hold" rating in a research report on Saturday, April 18th. Barclays upped their price target on shares of APi Group from $44.00 to $52.00 and gave the company an "overweight" rating in a research report on Thursday, February 26th. Truist Financial lifted their price objective on APi Group from $50.00 to $53.00 and gave the stock a "buy" rating in a report on Thursday, February 26th. Finally, UBS Group boosted their target price on APi Group from $49.00 to $54.00 and gave the company a "buy" rating in a research note on Thursday, February 26th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $48.57.

APi Group Price Performance

Shares of APG stock opened at $45.80 on Friday. The firm has a market cap of $19.81 billion, a P/E ratio of -60.53, a P/E/G ratio of 2.91 and a beta of 1.68. APi Group Corporation has a fifty-two week low of $26.05 and a fifty-two week high of $49.99. The business's 50 day moving average price is $43.69 and its 200-day moving average price is $40.85. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.43 and a current ratio of 1.50.

APi Group (NYSE:APG - Get Free Report) last issued its quarterly earnings data on Thursday, April 30th. The company reported $0.32 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.30 by $0.02. APi Group had a net margin of 3.70% and a return on equity of 37.92%. The business had revenue of $1.98 billion for the quarter, compared to the consensus estimate of $1.92 billion. During the same period in the previous year, the firm earned $0.37 EPS. The company's quarterly revenue was up 15.3% compared to the same quarter last year. On average, equities research analysts anticipate that APi Group Corporation will post 1.67 earnings per share for the current year.

Trending Headlines about APi Group

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

• Positive Sentiment: Quarterly beat — APi reported $0.32 EPS vs. consensus $0.30 and revenue of $1.98B vs. $1.92B expected, showing the company outperformed Street estimates this quarter. APi Beats Q1 Estimates
• Positive Sentiment: Organic growth and margin improvement — Management said organic net revenue grew ~10% and adjusted EBITDA margin expanded ~70 bps year-over-year, signaling operational strength across Safety and Specialty Services. Q1 Press Release
• Neutral Sentiment: Investor materials available — The company posted its slide deck and earnings call transcript, providing detail but no material upward revision to outlook that would immediately change estimates. Active investors will be digging through the call for cash-flow and segment detail. Earnings Call Transcript Earnings Presentation
• Neutral Sentiment: Guidance roughly in line — Company updated FY and Q2 revenue ranges that market summaries show are essentially in-line with consensus, so there was no clear guidance-driven upside surprise. (Company release & presentation.) Press Release
• Negative Sentiment: EPS weaker year-over-year — Q1 EPS of $0.32 compares with $0.37 in the same quarter last year, which may have disappointed investors focused on earnings momentum despite the quarterly beat. Q1 Snapshot
• Negative Sentiment: Limited positive shock — With revenue and EPS only modestly above estimates and guidance not raised, traders likely sold into the print; the stock reaction suggests investors wanted clearer upside to FY outlook or stronger margin/cash-flow beats. Metric Analysis

Insider Activity

In other APi Group news, Director Ian G. H. Ashken sold 114,409 shares of the stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $43.12, for a total value of $4,933,316.08. Following the completion of the transaction, the director owned 10,633,830 shares in the company, valued at approximately $458,530,749.60. This represents a 1.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director James E. Lillie sold 100,888 shares of the business's stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $44.30, for a total transaction of $4,469,338.40. Following the sale, the director owned 9,706,462 shares in the company, valued at approximately $429,996,266.60. This trade represents a 1.03% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 3,682,000 shares of company stock worth $152,333,385 in the last quarter. 18.70% of the stock is owned by company insiders.

APi Group Profile

APi Group Corp. is a global specialty contractor that provides fire protection, security, mechanical insulation and energy services to commercial, industrial and institutional clients. Headquartered in New Brighton, Minnesota, the company designs, installs, inspects, tests, maintains and repairs a wide range of safety and infrastructure systems. Through its network of operating subsidiaries, APi Group delivers end-to-end solutions for new construction, facility renovations and ongoing maintenance requirements.

Its service portfolio spans life safety and industrial services—such as fire suppression systems, fire alarms and emergency lighting—and specialized offerings including technical insulation, access solutions, passive fire protection and energy efficiency upgrades.

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