Landscape Capital Management L.L.C. Invests $4.72 Million in APA Corporation $APA

Landscape Capital Management L.L.C. acquired a new position in shares of APA Corporation (NASDAQ:APA) during the second quarter, Holdings Channel reports. The institutional investor acquired 144,823 shares of the company’s stock, valued at approximately $4,717,000.

Other institutional investors have also recently made changes to their positions in the company. EP Wealth Advisors LLC acquired a new position in shares of APA in the 2nd quarter valued at $902,000. Ieq Capital LLC acquired a new stake in APA during the second quarter valued at $1,539,000. Heron Bay Capital Management acquired a new stake in APA during the second quarter valued at $515,000. Callan Family Office LLC purchased a new position in APA in the second quarter valued at $291,000. Finally, Allworth Financial LP purchased a new position in APA in the second quarter valued at $264,000. 83.01% of the stock is owned by hedge funds and other institutional investors.

APA Stock Performance

NASDAQ:APA opened at $43.39 on Friday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.95 and a current ratio of 0.95. The stock has a market capitalization of $15.20 billion, a PE ratio of 9.17, a P/E/G ratio of 0.80 and a beta of 0.35. APA Corporation has a fifty-two week low of $20.71 and a fifty-two week high of $45.66. The company has a fifty day moving average of $35.97 and a two-hundred day moving average of $35.79.

APA (NASDAQ:APA) last announced its earnings results on Wednesday, August 5th. The company reported $1.89 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.90 by ($0.01). The company had revenue of $2.37 billion during the quarter, compared to analyst estimates of $2.46 billion. APA had a net margin of 19.48% and a return on equity of 24.84%. During the same quarter last year, the business earned $0.87 EPS. As a group, research analysts forecast that APA Corporation will post 5.54 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Benchmark upped their price objective on shares of APA from $40.00 to $46.00 and gave the stock a “buy” rating in a research report on Wednesday, August 12th. Truist Financial raised their target price on APA from $38.00 to $39.00 and gave the company a “hold” rating in a research report on Monday, August 10th. Stephens lifted their price target on APA from $43.00 to $47.00 in a research note on Wednesday, June 10th. Wall Street Zen raised APA from a “hold” rating to a “buy” rating in a report on Saturday. Finally, Wells Fargo & Company increased their price target on APA from $39.00 to $49.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 13th. Ten analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, APA currently has an average rating of “Hold” and an average target price of $41.50.

Trending Headlines about 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.

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.