57,230 Shares in APA Corporation $APA Bought by Hoertkorn Richard Charles

09 Jul 2026, 07:20 by Doug Wharley · The Cerbat Gem

Hoertkorn Richard Charles acquired a new position in shares of APA Corporation (NASDAQ:APA – Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 57,230 shares of the company’s stock, valued at approximately $2,429,000. APA accounts for about 2.0% of Hoertkorn Richard Charles’ holdings, making the stock its 18th largest holding.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Rockefeller Capital Management L.P. increased its stake 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 purchasing an additional 375 shares during the period. Coldstream Capital Management Inc. boosted its stake in APA by 1.4% during the 4th quarter. Coldstream Capital Management Inc. now owns 28,171 shares of the company’s stock valued at $689,000 after purchasing an additional 396 shares during the period. Patriot Financial Group Insurance Agency LLC boosted its stake in APA by 3.2% during the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 14,648 shares of the company’s stock valued at $358,000 after purchasing an additional 461 shares during the period. Vanguard Personalized Indexing Management LLC grew its holdings in APA by 0.4% in the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 130,869 shares of the company’s stock valued at $3,201,000 after buying an additional 527 shares during the last quarter. Finally, O Keefe Stevens Advisory Inc. grew its holdings in APA by 1.9% in the 4th quarter. O Keefe Stevens Advisory Inc. now owns 30,093 shares of the company’s stock valued at $736,000 after buying an additional 555 shares during the last quarter. 83.01% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at APA

In related news, VP Mark D. Maddox sold 9,800 shares of the firm’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $40.04, for a total value of $392,392.00. Following the completion of the transaction, the vice president directly owned 66,810 shares of the company’s stock, valued at $2,675,072.40. This trade represents a 12.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.73% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on APA shares. Stephens lifted their price target on APA from $43.00 to $47.00 in a research report on Wednesday, June 10th. Zacks Research cut APA from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 26th. Susquehanna raised their price objective on shares of APA from $37.00 to $47.00 and gave the stock a “positive” rating in a research note on Tuesday, April 21st. Raymond James Financial boosted their target price on shares of APA from $45.00 to $57.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 26th. Finally, BMO Capital Markets cut their target price on shares of APA from $47.00 to $45.00 and set a “market perform” rating for the company in a research note on Wednesday, May 13th. Eight research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat, APA has a consensus rating of “Hold” and a consensus price target of $40.88.

View Our Latest Stock Report on APA

APA Stock Up 3.1%

APA stock opened at $35.06 on Thursday. APA Corporation has a twelve month low of $17.86 and a twelve month high of $45.66. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.58. The company has a market cap of $12.39 billion, a PE ratio of 8.17 and a beta of 0.35. The business’s 50-day simple moving average is $36.34 and its 200 day simple moving average is $33.10.

APA (NASDAQ:APA – Get Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $1.38 EPS for the quarter, beating the consensus estimate of $1.11 by $0.27. APA had a return on equity of 20.70% and a net margin of 17.38%.The firm had revenue of $2.33 billion during the quarter, compared to analysts’ expectations of $2.13 billion. During the same quarter in the prior year, the firm posted $1.06 EPS. The company’s revenue for the quarter was down 11.7% on a year-over-year basis. On average, research analysts anticipate that APA Corporation will post 5.29 earnings per share for the current year.

APA Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 21st. Investors of record on Wednesday, July 22nd will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date is Wednesday, July 22nd. APA’s dividend payout ratio is presently 23.31%.

APA Company Profile

(Free Report)

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.