APi Group (APG)

• Market cap: $11B
• 1 day: -2.67%
• 5 days: 5.97%
• 1 month: 3.73%
• 3 months: 7.54%
• 6 months: 13.14%
• Year to date: 10.74%
• 1 year: 15.33%
• 5 years: 282.60%
• 10 years: 282.60%
• Sector: Real Estate
• Industry: To Dwellings & Other Buildings

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 Q4 regulatory filings by fund managers ($100M+ AUM)

913% more call options, than puts

Call options by funds: $2.15M | Put options by funds: $212K

12% more capital invested

Capital invested by funds: $6.99B [Q3] → $7.86B (+$865M) [Q4]

2.43% more ownership

Funds ownership: 77.07% [Q3] → 79.5% (+2.43%) [Q4]

5% more repeat investments, than reductions

Existing positions increased: 131 | Existing positions reduced: 125

0% more funds holding in top 10

Funds holding in top 10: 17 [Q3] → 17 (+0) [Q4]

6% less first-time investments, than exits

New positions opened: 59 | Existing positions closed: 63

3% less funds holding

Funds holding: 370 [Q3] → 358 (-12) [Q4]

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $40 1% upside
• Avg. target: $43 9% upside
• High target: $45 13% upside

5 analyst ratings

• positive: 5 100%
• neutral: 0 0%
• negative: 0 0%

UBS Joshua Chan 64% 1-year accuracy 9 / 14 met price target	11% upside $44	Buy Maintained	18 Feb 2025
Truist Securities Jasper Bibb 77% 1-year accuracy 10 / 13 met price target	13% upside $45	Buy Initiated	22 Jan 2025
RBC Capital Ashish Sabadra 87% 1-year accuracy 47 / 54 met price target	13% upside $45	Outperform Upgraded	14 Jan 2025
Citigroup Andrew Kaplowitz 54% 1-year accuracy 44 / 81 met price target	8% upside $43	Buy Maintained	13 Jan 2025
Baird Andrew Wittmann 53% 1-year accuracy 17 / 32 met price target	1% upside $40	Outperform Maintained	26 Nov 2024