APi Group (NYSE:APG) Stock Gets Price Target Increase from Citigroup

APi Group (NYSE:APG) had its price objective lifted by stock analysts at Citigroup from $55.00 to $57.00 in a research report issued on Friday, Benzinga reports. The brokerage currently has a “buy” rating on the stock. Citigroup‘s target price would suggest a potential upside of 28.84% from the stock’s previous close.

A number of other research analysts have also recently issued reports on APG. Wall Street Zen cut shares of APi Group from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. Truist Financial set a $58.00 target price on APi Group and gave the stock a “buy” rating in a research note on Friday. UBS Group set a $52.00 target price on APi Group in a report on Monday, July 20th. Robert W. Baird set a $47.00 price target on APi Group in a research note on Friday, July 31st. Finally, Wells Fargo & Company lifted their price target on APi Group from $53.00 to $60.00 and gave the company an “overweight” rating in a research note on Friday. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $54.62.

APi Group Price Performance

Shares of APG traded down $0.78 during trading hours on Friday, hitting $44.24. 3,998,811 shares of the company were exchanged, compared to its average volume of 2,932,988. The company has a quick ratio of 1.32, a current ratio of 1.39 and a debt-to-equity ratio of 0.91. APi Group has a fifty-two week low of $34.87 and a fifty-two week high of $49.99. The company has a market cap of $19.12 billion, a price-to-earnings ratio of -66.03, a P/E/G ratio of 1.86 and a beta of 1.57. The firm’s fifty day moving average is $39.59 and its 200 day moving average is $41.91.

APi Group (NYSE:APG) last posted its quarterly earnings results on Thursday, October 29th. The company reported $0.50 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.03. The business had revenue of $2.55 billion during the quarter, compared to the consensus estimate of $2.40 billion. APi Group had a return on equity of 37.59% and a net margin of 3.99%. APi Group’s revenue for the quarter was up 22.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.41 earnings per share. On average, equities analysts anticipate that APi Group will post 1.73 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director James E. Lillie sold 285,000 shares of the stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $39.84, for a total value of $11,354,400.00. Following the completion of the transaction, the director owned 8,952,350 shares of the company’s stock, valued at $356,661,624. This represents a 3.09% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 that occurred on 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 of the company’s stock, valued at approximately $370,395,182.24. The trade was a 0.92% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 660,000 shares of company stock worth $26,353,682. 18.70% of the stock is currently owned by corporate insiders.

Institutional Trading of APi Group

Hedge funds and other institutional investors have recently modified their holdings of the stock. Janus Henderson Group PLC boosted its stake 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 in the last quarter. Montrusco Bolton Investments Inc. grew its holdings 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 purchasing an additional 1,561,990 shares during the last quarter. Bank of New York Mellon Corp acquired a new position in shares of APi Group in the second quarter valued at approximately $93,030,000. Cooke & Bieler LP increased its stake in shares of APi Group by 13.6% in the third quarter. Cooke & Bieler LP now owns 2,030,753 shares of the company’s stock valued at $78,387,000 after buying an additional 243,225 shares during the period. Finally, Sei Investments Co. increased its stake in shares of APi Group by 0.4% in the first quarter. Sei Investments Co. now owns 1,046,852 shares of the company’s stock valued at $42,419,000 after buying an additional 3,999 shares during the period. Institutional investors own 86.62% of the company’s stock.

Trending Headlines about APi Group

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

• Positive Sentiment: APi Group reported record third-quarter revenue of approximately $2.55 billion, up 22.5% year over year, while adjusted EBITDA increased 24.6% to $350 million. Earnings of $0.50 per share exceeded the $0.47 consensus estimate, and revenue surpassed expectations of $2.40 billion. APi Group Reports Record Third Quarter 2026 Financial Results and Raises Full-Year 2026 Outlook
• Positive Sentiment: Management raised its 2026 outlook for the third time this year, now forecasting $9.20 billion-$9.25 billion in revenue and $1.235 billion-$1.255 billion in adjusted EBITDA. The company also cited double-digit organic growth, a roughly $5 billion backlog and strong demand entering the fourth quarter and 2027. APi raises 2026 outlook
• Positive Sentiment: Analysts responded favorably after the earnings release. Truist raised its price target to $58 from $55 while maintaining a Buy rating, and Wells Fargo increased its target to $60 from $53 with an Overweight rating. The revisions indicate greater confidence in APG’s earnings growth and margin expansion prospects. Truist Securities Adjusts Price Target on APi Group
• Negative Sentiment: Recent insider-trading data shows substantial selling, with no reported insider purchases in the past six months. Notable sales by Martin E. Franklin, Ian G. H. Ashken and James E. Lillie could create an overhang, although these transactions do not necessarily reflect the company’s operating outlook. APi Group Jumps After Record Q3 Results and Higher 2026 Outlook

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.