M&T Bank Corp Trims Stake in APi Group Corporation $APG

01 May 2026, 07:49 by Amy Steele · The Cerbat Gem

M&T Bank Corp reduced its position in shares of APi Group Corporation (NYSE:APG – Free Report) by 56.8% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 22,502 shares of the company’s stock after selling 29,567 shares during the quarter. M&T Bank Corp’s holdings in APi Group were worth $861,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. AQR Capital Management LLC purchased a new position in APi Group during the 1st quarter valued at about $650,000. Goldman Sachs Group Inc. increased its holdings in APi Group by 73.6% during the first quarter. Goldman Sachs Group Inc. now owns 178,117 shares of the company’s stock valued at $6,369,000 after buying an additional 75,490 shares during the period. EverSource Wealth Advisors LLC increased its holdings in APi Group by 547.2% during the second quarter. EverSource Wealth Advisors LLC now owns 1,275 shares of the company’s stock valued at $65,000 after buying an additional 1,078 shares during the period. First Trust Advisors LP increased its holdings in APi Group by 166.5% during the second quarter. First Trust Advisors LP now owns 173,569 shares of the company’s stock valued at $8,861,000 after buying an additional 108,447 shares during the period. Finally, Cresset Asset Management LLC increased its holdings in APi Group by 5.7% during the second quarter. Cresset Asset Management LLC now owns 11,305 shares of the company’s stock valued at $577,000 after buying an additional 612 shares during the period. 86.62% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about APi Group

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

Positive Sentiment: Q1 beat — APi reported $0.32 EPS vs. a $0.30 consensus and revenue of $1.98B vs. $1.92B estimates; revenue rose ~15% year-over-year, which supports organic growth momentum. APi (APG) Beats Q1 Earnings and Revenue Estimates
Positive Sentiment: Margin and segment strength — management said adjusted EBITDA margins expanded ~70 basis points and both Safety Services and Specialty Services showed strength, supporting profitability improvement. APi Group Reports First Quarter 2026 Financial Results
Neutral Sentiment: Revenue guidance modestly above consensus — FY2026 revenue was guided to roughly $8.5B–$8.7B (consensus ~ $8.5B); Q2 revenue guidance is about $2.2B and in line with Street expectations. The revenue outlook is supportive but management did not provide clear EPS targets in the public update. APi Group Reports First Quarter 2026 Financial Results
Neutral Sentiment: Full materials available — investors can review the press release, slide deck and listen to the conference call for detail on backlog, M&A cadence and margin drivers. Listen to Conference Call
Negative Sentiment: EPS down vs. prior year — Q1 EPS of $0.32 compares with $0.37 a year earlier, which may concern investors focused on earnings trajectory despite the beat versus consensus. APi (APG) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Negative Sentiment: Unclear EPS guidance / potential investor disappointment — the company’s update omitted firm EPS targets for FY and Q2, which can increase uncertainty and contributed to intraday selling (elevated volume). APi: Q1 Earnings Snapshot

Wall Street Analysts Forecast Growth

APG has been the topic of a number of analyst reports. Wall Street Zen downgraded APi Group from a “buy” rating to a “hold” rating in a report on Saturday, April 18th. Citigroup lifted their price target on APi Group from $49.00 to $52.00 and gave the company a “buy” rating in a report on Thursday, February 26th. Royal Bank Of Canada lifted their price target on APi Group from $45.00 to $53.00 and gave the company an “outperform” rating in a report on Thursday, February 26th. UBS Group lifted their price target on APi Group from $49.00 to $54.00 and gave the company a “buy” rating in a report on Thursday, February 26th. Finally, Truist Financial lifted their price target on APi Group from $50.00 to $53.00 and gave the company a “buy” rating in a report on Thursday, February 26th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, APi Group has a consensus rating of “Moderate Buy” and a consensus target price of $48.57.

Read Our Latest Analysis on APi Group

APi Group Stock Down 5.9%

APi Group stock opened at $45.80 on Friday. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.43 and a current ratio of 1.50. The business’s 50-day simple moving average is $43.69 and its two-hundred day simple moving average is $40.85. The company has a market cap of $19.81 billion, a PE ratio of -60.53, a PEG 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.

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

Insider Buying and Selling at APi Group

In other APi Group news, Director Ian G. H. Ashken sold 72,546 shares of the business’s stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $42.94, for a total transaction of $3,115,125.24. Following the sale, the director owned 10,561,284 shares in the company, valued at approximately $453,501,534.96. The trade was a 0.68% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director James E. Lillie sold 83,629 shares of the business’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $42.94, for a total value of $3,591,029.26. Following the sale, the director owned 9,522,350 shares in the company, valued at approximately $408,889,709. The trade was a 0.87% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 3,682,000 shares of company stock worth $152,333,385. 18.70% of the stock is currently owned by insiders.

APi Group Profile

(Free Report)

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.