Apollo Global Management Inc. $APO Shares Purchased by Pinnacle Associates Ltd.

Pinnacle Associates Ltd. increased its stake in shares of Apollo Global Management Inc. (NYSE:APO) by 311.5% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 10,214 shares of the financial services provider’s stock after buying an additional 7,732 shares during the quarter. Pinnacle Associates Ltd.’s holdings in Apollo Global Management were worth $1,361,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in APO. Schnieders Capital Management LLC. purchased a new stake in Apollo Global Management in the 2nd quarter valued at $7,954,000. Savant Capital LLC purchased a new position in shares of Apollo Global Management during the 2nd quarter worth $209,000. AE Wealth Management LLC boosted its position in shares of Apollo Global Management by 5.5% during the 2nd quarter. AE Wealth Management LLC now owns 14,712 shares of the financial services provider’s stock valued at $2,087,000 after acquiring an additional 768 shares during the last quarter. Los Angeles Capital Management LLC boosted its position in shares of Apollo Global Management by 641.1% during the 2nd quarter. Los Angeles Capital Management LLC now owns 14,845 shares of the financial services provider’s stock valued at $2,106,000 after acquiring an additional 12,842 shares during the last quarter. Finally, Illinois Municipal Retirement Fund grew its holdings in shares of Apollo Global Management by 74.1% in the second quarter. Illinois Municipal Retirement Fund now owns 36,225 shares of the financial services provider’s stock valued at $5,139,000 after purchasing an additional 15,418 shares during the period. Institutional investors and hedge funds own 77.06% of the company’s stock.

Apollo Global Management Stock Down 1.9%

Shares of APO opened at $106.08 on Thursday. The company’s 50-day moving average price is $129.02 and its 200 day moving average price is $132.40. Apollo Global Management Inc. has a 12-month low of $99.56 and a 12-month high of $157.28. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 0.33. The firm has a market cap of $61.34 billion, a P/E ratio of 19.22, a price-to-earnings-growth ratio of 0.87 and a beta of 1.60.

Apollo Global Management (NYSE:APO) last announced its earnings results on Monday, February 9th. The financial services provider reported $2.47 earnings per share for the quarter, topping the consensus estimate of $2.04 by $0.43. Apollo Global Management had a net margin of 10.90% and a return on equity of 15.25%. During the same quarter last year, the firm earned $2.39 earnings per share. The company’s revenue was up .8% on a year-over-year basis. On average, sell-side analysts forecast that Apollo Global Management Inc. will post 8 earnings per share for the current year.

Apollo Global Management Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Thursday, February 19th were given a dividend of $0.51 per share. The ex-dividend date of this dividend was Thursday, February 19th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.9%. Apollo Global Management’s dividend payout ratio (DPR) is presently 36.96%.

Key Apollo Global Management News

Here are the key news stories impacting Apollo Global Management this week:

• Positive Sentiment: Apollo‑managed funds provided $500 million of senior secured private placement financing to a unit of Adani Energy Solutions — a long‑dated, investment‑grade style deal that boosts Apollo’s private‑credit deployment, produces predictable fee and interest income, and highlights demand for its credit platform in EM markets. Read More.
• Positive Sentiment: Apollo plans to mark private‑credit holdings to market daily (per Bloomberg), a move aimed at addressing transparency and liquidity criticisms — this could reduce investor redemptions, tighten discounts on illiquid strategies, and make products more attractive to institutional and retail investors over time. Read More.
• Neutral Sentiment: Apollo is expanding product distribution in the U.K., launching its first long‑term asset fund (LTAF) targeted at defined‑contribution pensions — a strategic growth initiative that diversifies revenue but is early stage and unlikely to materially change near‑term results. Read More.
• Negative Sentiment: Multiple securities class‑action lawsuits have been filed after press reporting about previously undisclosed business ties to Jeffrey Epstein; plaintiffs allege disclosure failures. Litigation raises potential financial, governance and reputational risks that are the main driver of the recent share decline and increased volatility. Read More.
• Negative Sentiment: Analysts and outlets note APO has fallen sharply since its last earnings report (Zacks: ~18% drop since earnings), raising near‑term downside risk as investors reassess growth, fee visibility and legal overhangs. Read More.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Apollo Global Management in a research report on Tuesday, February 10th. Piper Sandler reissued an “overweight” rating and issued a $165.00 price target on shares of Apollo Global Management in a research note on Tuesday, February 10th. JPMorgan Chase & Co. cut their price target on shares of Apollo Global Management from $164.00 to $162.00 and set an “overweight” rating for the company in a report on Tuesday, February 10th. TD Cowen reaffirmed a “buy” rating on shares of Apollo Global Management in a research report on Thursday, February 12th. Finally, The Goldman Sachs Group reiterated a “buy” rating and issued a $165.00 price objective on shares of Apollo Global Management in a report on Monday, February 9th. Two analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $159.47.

Apollo Global Management Company Profile

Apollo Global Management, Inc (NYSE: APO) is a global alternative investment manager that specializes in private equity, credit and real assets. The firm originates, invests in and manages a broad set of strategies across distressed and opportunistic credit, direct lending, structured credit, buyouts and real estate. Apollo provides investment management and advisory services to institutional clients and individual investors through pooled funds, separate accounts and publicly listed investment vehicles.

Its private equity business pursues control and non-control investments across industries, often focusing on complex or distressed situations where operational improvement and capital solutions can create value.