5,942 Shares in Apergy Corp (APY) Acquired by Dupont Capital Management Corp

Dupont Capital Management Corp purchased a new stake in shares of Apergy Corp (NYSE:APY) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor purchased 5,942 shares of the company’s stock, valued at approximately $248,000.

A number of other large investors have also recently modified their holdings of the stock. Trust Co. of Vermont bought a new position in Apergy during the 2nd quarter valued at about $114,000. Asset Advisors Corp bought a new position in Apergy in the 2nd quarter worth about $125,000. First Quadrant L P CA bought a new position in Apergy in the 2nd quarter worth about $182,000. Kaizen Advisory LLC bought a new position in Apergy in the 2nd quarter worth about $230,000. Finally, Harvey Investment Co. LLC bought a new position in Apergy in the 2nd quarter worth about $255,000. Institutional investors own 21.27% of the company’s stock.

In other Apergy news, Director Kenneth M. Fisher purchased 3,000 shares of the stock in a transaction dated Thursday, June 7th. The stock was purchased at an average price of $42.20 per share, with a total value of $126,600.00. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website.



A number of equities analysts have commented on the stock. Zacks Investment Research downgraded shares of Apergy from a “hold” rating to a “sell” rating in a research note on Tuesday, July 31st. Cowen upped their target price on shares of Apergy from $37.00 to $39.00 and gave the stock a “market perform” rating in a research note on Tuesday, August 7th. Evercore ISI assumed coverage on shares of Apergy in a research note on Thursday, May 3rd. They issued an “outperform” rating and a $45.00 target price on the stock. Citigroup assumed coverage on shares of Apergy in a research note on Wednesday, May 16th. They issued a “buy” rating and a $46.00 target price on the stock. Finally, Jefferies Financial Group assumed coverage on shares of Apergy in a research note on Tuesday, July 17th. They issued a “buy” rating and a $50.00 target price on the stock. Two analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $46.00.

Shares of APY stock opened at $43.80 on Wednesday. The company has a quick ratio of 1.36, a current ratio of 2.31 and a debt-to-equity ratio of 0.75. Apergy Corp has a one year low of $33.35 and a one year high of $46.11.

Apergy (NYSE:APY) last issued its earnings results on Thursday, July 26th. The company reported $0.29 EPS for the quarter, missing the Zacks’ consensus estimate of $0.31 by ($0.02). The business had revenue of $305.93 million for the quarter, compared to analyst estimates of $296.70 million. equities analysts anticipate that Apergy Corp will post 1.42 earnings per share for the current year.

Apergy Profile

Apergy Corporation provides engineered equipment and technologies that help companies drill for and produce oil and gas worldwide. The company operates through Production & Automation Technologies and Drilling Technologies segments. The Production & Automation Technologies segment offers artificial lift equipment and solutions, including rod pumping systems, electric submersible pump systems, progressive cavity pumps, and drive systems and plunger lifts, as well as automation equipment, software, and industrial Internet of things solutions for downhole monitoring, wellsite productivity enhancement, and asset integrity management.

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Institutional Ownership by Quarter for Apergy (NYSE:APY)

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