$APG

9 stories mentioning APGUpdated 4d ago

Every FINWIRES story that references APG, newest first.

APi Group's Strong Project Demand Can Drive H2 Estimates Higher, Truist Says

APi Group's (APG) strong backdrop for project demand can drive estimates toward the top end of its guidance range, while expectations remain relatively low given the stock's underperformance versus the S&P and Q1 earnings setting up the latter half of the year more favorably, Truist said in a report Monday.The company is scheduled to report Q2 results Thursday.Most investors were expecting Safety segment organic growth of about 6.5% versus the reported 5.4%, the firm noted. The deceleration was driven by difficult comps and some intentional contract shedding in the International segment, according to the note.While there are tougher comps for the rest of the year, the midpoint of APi Group's guidance implies nearly 0% growth in its Specialty segment for H2, which seems to be conservative, the note added.The brokerage sees organic growth of more than 5%, with potential to reach nearly 6% in H2, amid a supportive background for project demand.Truist kept a buy rating on APi Group with an unchanged price target of $55.Price: $39.66, Change: $+0.09, Percent Change: +0.21%

$APG

Wire11d ago

APi Group Likely to Post Strong Q2 Organic Growth, UBS Securities Says

APi Group (APG) is likely to post strong organic growth rates in Q2, mainly driven by its specialty business, UBS Securities said in a Monday note.UBS estimates the specialty business' organic growth to drop to more than 12% in Q2 from over 25% in Q1 due to tougher comparisons, according to the note. The company's safety services division, meanwhile, is likely to maintain above 5% in growth during the quarter, UBS added.APi Group has little room to raise its 2026 outlook amid tougher H2 comparisons for its specialty business and a relatively flat organic growth from its safety services division, the brokerage said. UBS raised its 2026 organic growth forecast for the company to 6.4% from 6.2%, according to the note.The company is set to release its Q2 results on July 30.UBS cut its price target on APi Group to $52 from $56, with a buy rating.Price: $39.51, Change: $-0.61, Percent Change: -1.52%

$APG

Wire29d ago

APi Closes WTech Acquisition, Raises 2026 Guidance

APi Group (APG) said Thursday it closed its acquisition of WTech Fire Group, a provider of fire sprinkler, suppression and detection solutions across Europe.The acquisition adds fire sprinkler and suppression capabilities to APi's international business.APi said WTech is expected to contribute about $175 million in annual revenue, with a margin profile consistent with the company's international business.The company raised its full-year 2026 net revenue outlook to reflect WTech's expected contribution for the remainder of the year. It now expects net revenue of $8.66 billion to $8.86 billion, up from its prior forecast of $8.575 billion to $8.775 billion.Analysts polled by FactSet expect $8.70 billion.Price: $41.32, Change: $-0.46, Percent Change: -1.10%

$APG

Insider Trading38d ago

Api Group Insider Sold Shares Worth $297,304, According to a Recent SEC Filing

Anthony E Malkin, Director, on June 17, 2026, sold 7,000 shares in Api Group (APG) for $297,304. Following the Form 4 filing with the SEC, Malkin has control over a total of 315,518 common shares of the company, with 148,718 shares held directly and 166,800 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1796209/000162828026044883/xslF345X05/wk-form4_1782244828.xml

$APG

Insider Trading86d ago

Api Group Insider Sold Shares Worth $48,536,904, According to a Recent SEC Filing

Ian G.H. Ashken, Director, on May 04, 2026, sold 1,084,000 shares in Api Group (APG) for $48,536,904. Following the Form 4 filing with the SEC, Ashken has control over a total of 9,846,566 common shares of the company, with 9,846,566 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1796209/000162828026031539/xslF345X05/wk-form4_1778107578.xml

$APG

Insider Trading86d ago

Api Group Insider Sold Shares Worth $16,201,174, According to a Recent SEC Filing

James E Lillie, Director, on May 04, 2026, sold 360,000 shares in Api Group (APG) for $16,201,174. Following the Form 4 filing with the SEC, Lillie has control over a total of 10,512,369 common shares of the company, with 1,275,019 shares held directly and 9,237,350 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1796209/000162828026031538/xslF345X05/wk-form4_1778107569.xml

$APG

Wire91d ago

APi's Strategic Acquisitions Support $10 Billion Revenue Target by 2028, RBC Says

APi (APG) is expanding through strategic acquisitions with market-tailored integration approaches, supporting the company's revenue target of $10 billion by 2028, RBC Capital Markets said in a Thursday note.The company's recently announced acquisition of Ireland-based Wtech Fire strengthens its fire sprinkler and suppression capabilities across Europe, RBC said. Meanwhile, the acquisition of Onyx-Fire Protection Services positions the company in the Canadian fire and life safety and electronic security market, RBC said.With APi forecasting Q2 net revenue of $2.18 billion to $2.23 billion and adjusted earnings before interest, taxes, depreciation and amortization of $300 million to $310 million, RBC said that the company's guidance is supported by a robust backlog demand, continued pricing power and the full quarterly impact of the February CertaSite acquisition.RBC maintained the company's outperform rating with a $53 price target.Price: $45.80, Change: $+0.08, Percent Change: +0.17%

$APG

Wire92d ago

APi Group Files Shelf Registration For Potential Equity, Debt Offerings

APi Group (APG) may offer and sell common stock, preferred stock and debt securities from time to time, according to a shelf registration statement filed on Thursday with the US Securities and Exchange Commission.The company said the securities could be issued in one or more offerings, with specific terms, including pricing and amounts, to be detailed in future.APi said the net proceeds will be used for general corporate purposes, unless stated otherwise.Price: $46.79, Change: $-1.87, Percent Change: -3.84%

$APG

Wire109d ago

APi Results Likely to Benefit from Backlog, Data Center Demand, RBC Says

APi (APG) could post in line to slightly better Q1 results, and lift the midpoint of its full-year outlook on solid backlog and data center tailwinds, RBC Capital Markets said in a note Sunday.RBC expects Q1 organic growth of over 9%, led by about 7% growth in Safety Services and 16% growth in Specialty Services, helped partly by easier comparisons.The firm's more than $4 billion backlog, along with demand from data centers, advanced manufacturing, healthcare, utilities, and other resilient markets, should support continued growth through fiscal 2026, the report said.The note also said its recurring and regulation-driven business should help protect its results regardless of construction cycles."APG's demonstrated resilience across prior macro headwinds,combined with disciplined pricing and project selection, should sustain margin expansion in 2026," the report said.RBC kept its outperform rating and $53 price target.Price: $44.63, Change: $+0.22, Percent Change: +0.50%

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