APi GroupAPG
Market Cap: $9.02B
About: APi Group Corp operates in two segments: Safety Services segment includes providing safety services in North America, Asia Pacific, and Europe, focusing on end-to-end integrated occupancy systems (fire protection solutions, Heating, Ventilation, and Air Conditioning and entry systems), including design, installation, inspection, and service of these integrated systems. These services are provided in commercial, education, healthcare, high tech, industrial, and special-hazard settings. Specialty Services segment includes providing a variety of infrastructure services and specialized industrial plant services, which include maintenance and repair of critical infrastructure such as underground electric, gas, water, sewer, and telecommunications infrastructure.
Employees: 29,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
1,539% more call options, than puts
Call options by funds: $15.4M | Put options by funds: $937K
47% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 43
42% more repeat investments, than reductions
Existing positions increased: 141 | Existing positions reduced: 99
6% more funds holding
Funds holding: 324 [Q1] → 344 (+20) [Q2]
5% more funds holding in top 10
Funds holding in top 10: 19 [Q1] → 20 (+1) [Q2]
1% more capital invested
Capital invested by funds: $7.97B [Q1] → $8.07B (+$101M) [Q2]
0.65% more ownership
Funds ownership: 77.65% [Q1] → 78.3% (+0.65%) [Q2]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Barclays Julian Mitchell 69% 1-year accuracy 49 / 71 met price target | 31%upside $43 | Overweight Maintained | 5 Aug 2024 |
JP Morgan Stephen Tusa 52% 1-year accuracy 13 / 25 met price target | 4%upside $34 | Neutral Maintained | 2 Aug 2024 |
Baird Andrew Wittmann 72% 1-year accuracy 21 / 29 met price target | 28%upside $42 | Outperform Maintained | 2 Aug 2024 |