M&T Bank Corp grew its stake in Apollo Global Management Inc. (NYSE:APO – Free Report) by 37.8% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 15,812 shares of the financial services provider’s stock after buying an additional 4,335 shares during the quarter. M&T Bank Corp’s holdings in Apollo Global Management were worth $2,289,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors have also made changes to their positions in APO. Atlantic Union Bankshares Corp lifted its stake in Apollo Global Management by 99.0% during the third quarter. Atlantic Union Bankshares Corp now owns 199 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 99 shares during the last quarter. Physician Wealth Advisors Inc. lifted its stake in Apollo Global Management by 57.8% during the fourth quarter. Physician Wealth Advisors Inc. now owns 262 shares of the financial services provider’s stock worth $38,000 after purchasing an additional 96 shares during the last quarter. City Holding Co. lifted its stake in Apollo Global Management by 391.9% during the fourth quarter. City Holding Co. now owns 305 shares of the financial services provider’s stock worth $44,000 after purchasing an additional 243 shares during the last quarter. CX Institutional purchased a new stake in Apollo Global Management during the third quarter worth approximately $48,000. Finally, Center for Financial Planning Inc. purchased a new stake in Apollo Global Management during the third quarter worth approximately $50,000. Hedge funds and other institutional investors own 77.06% of the company’s stock.
Analyst Ratings Changes
Several equities research analysts recently weighed in on the company. Evercore restated an “outperform” rating on shares of Apollo Global Management in a research note on Tuesday, April 21st. Piper Sandler decreased their target price on Apollo Global Management from $165.00 to $146.00 and set an “overweight” rating for the company in a research note on Tuesday, April 7th. Wall Street Zen upgraded Apollo Global Management from a “sell” rating to a “hold” rating in a research note on Sunday, April 26th. The Goldman Sachs Group decreased their target price on Apollo Global Management from $169.00 to $134.00 and set a “buy” rating for the company in a research note on Tuesday, April 7th. Finally, TD Cowen restated a “buy” rating on shares of Apollo Global Management in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $150.25.
Apollo Global Management Price Performance
Shares of NYSE APO opened at $127.72 on Friday. The company has a current ratio of 1.73, a quick ratio of 1.31 and a debt-to-equity ratio of 0.37. Apollo Global Management Inc. has a twelve month low of $99.56 and a twelve month high of $157.28. The stock has a 50 day moving average of $113.74 and a two-hundred day moving average of $127.41. The stock has a market cap of $73.85 billion, a P/E ratio of 81.35, a P/E/G ratio of 1.16 and a beta of 1.52.
Apollo Global Management (NYSE:APO – Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The financial services provider reported $1.94 earnings per share for the quarter, beating analysts’ consensus estimates of $1.89 by $0.05. Apollo Global Management had a return on equity of 14.43% and a net margin of 3.62%.The company had revenue of $5.06 billion during the quarter, compared to analysts’ expectations of $5.19 billion. During the same quarter in the previous year, the business earned $1.82 earnings per share. The firm’s revenue for the quarter was down 8.8% on a year-over-year basis. On average, research analysts forecast that Apollo Global Management Inc. will post 8.44 earnings per share for the current year.
Apollo Global Management Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, May 29th. Stockholders of record on Tuesday, May 19th will be issued a $0.5625 dividend. The ex-dividend date of this dividend is Tuesday, May 19th. This is an increase from Apollo Global Management’s previous quarterly dividend of $0.51. This represents a $2.25 dividend on an annualized basis and a dividend yield of 1.8%. Apollo Global Management’s dividend payout ratio is presently 36.96%.
Apollo Global Management News Roundup
Here are the key news stories impacting Apollo Global Management this week:
- Positive Sentiment: Apollo reported assets under management surpassing $1 trillion and record fee-related earnings, signaling strong fundraising and recurring fee income that support future revenue visibility. Apollo Global Q1 earnings top earnings on strong fee-related earnings; AUM exceeds $1T
- Positive Sentiment: Company disclosed a 10.3% increase in the quarterly dividend (annualized yield ~1.7%), which supports shareholder returns and may attract income-focused investors. MarketBeat dividend notice
- Positive Sentiment: Apollo-managed funds completed the acquisition of Prosol Group, adding scale in European food retail / fresh food — a concrete deployment of capital and portfolio growth. Apollo Funds Complete Acquisition of Prosol Group
- Neutral Sentiment: Apollo is pushing greater transparency in private credit (daily valuations planned by September) — likely positive for fundraising long term but costly and operationally complex to implement. Apollo to Give Investors Daily Pricing on Private Credit By September
- Neutral Sentiment: Management is publicly defending private credit amid media scrutiny and actively fundraising; this reassures some investors but keeps focus on credit risk and reputation. Apollo Global Is Raising Tons, and Defends Private Credit
- Negative Sentiment: Despite fee strength, Q1 results showed weakness: revenue missed some expectations, expenses rose, and the company reported a swing to a loss driven by higher tax provision and investment-related losses — a headline that likely pressured the stock. Apollo Global Management Swings to Loss
- Negative Sentiment: Analyst takes were mixed: some outlets flagged an EPS/revenue miss vs certain estimates and highlighted rising expenses that offset record fee earnings, creating uncertainty about near-term profitability. Apollo Global Q1 Earnings Miss Estimates, AUM Surpasses 1T
Apollo Global Management 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.
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