Handelsbanken Fonder AB Has $21.24 Million Stock Holdings in Apollo Global Management Inc. $APO

Handelsbanken Fonder AB boosted its stake in Apollo Global Management Inc. (NYSE:APO) by 6.2% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 179,563 shares of the financial services provider’s stock after buying an additional 10,533 shares during the quarter. Handelsbanken Fonder AB’s holdings in Apollo Global Management were worth $21,244,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of APO. Vanguard Group Inc. raised its holdings in shares of Apollo Global Management by 0.7% during the fourth quarter. Vanguard Group Inc. now owns 47,760,608 shares of the financial services provider’s stock worth $6,913,826,000 after acquiring an additional 340,956 shares in the last quarter. Geode Capital Management LLC boosted its position in Apollo Global Management by 2.0% during the fourth quarter. Geode Capital Management LLC now owns 10,198,837 shares of the financial services provider’s stock valued at $1,469,793,000 after purchasing an additional 200,312 shares during the last quarter. Northern Trust Corp grew its stake in Apollo Global Management by 1.4% in the fourth quarter. Northern Trust Corp now owns 4,448,618 shares of the financial services provider’s stock valued at $643,982,000 after purchasing an additional 62,831 shares in the last quarter. Legal & General Group Plc grew its stake in Apollo Global Management by 4.5% in the fourth quarter. Legal & General Group Plc now owns 3,611,839 shares of the financial services provider’s stock valued at $522,850,000 after purchasing an additional 155,857 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in Apollo Global Management by 3.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,288,100 shares of the financial services provider’s stock worth $475,985,000 after purchasing an additional 98,945 shares during the last quarter. Institutional investors and hedge funds own 77.06% of the company’s stock.

Apollo Global Management Stock Down 1.2%

Shares of Apollo Global Management stock opened at $138.58 on Thursday. Apollo Global Management Inc. has a 12-month low of $99.56 and a 12-month high of $153.29. The company has a quick ratio of 1.73, a current ratio of 1.70 and a debt-to-equity ratio of 0.34. The stock has a 50 day moving average price of $125.96 and a two-hundred day moving average price of $122.57. The stock has a market capitalization of $79.89 billion, a P/E ratio of 50.76, a PEG ratio of 1.26 and a beta of 1.51.

Apollo Global Management (NYSE:APO) last released its quarterly earnings results on Tuesday, August 4th. The financial services provider reported $2.11 EPS for the quarter, missing analysts’ consensus estimates of $2.16 by ($0.05). Apollo Global Management had a net margin of 5.22% and a return on equity of 14.01%. The firm had revenue of $5.57 billion during the quarter, compared to the consensus estimate of $5.65 billion. During the same period in the prior year, the business earned $1.92 EPS. Equities analysts expect that Apollo Global Management Inc. will post 8.12 earnings per share for the current year.

Apollo Global Management Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, August 31st. Investors of record on Wednesday, August 19th will be issued a $0.5625 dividend. This represents a $2.25 annualized dividend and a yield of 1.6%. The ex-dividend date is Wednesday, August 19th. Apollo Global Management’s dividend payout ratio (DPR) is 82.42%.

More Apollo Global Management News

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

• Positive Sentiment: Major Yankees financing deal expands Apollo’s sports platform. Apollo Sports Capital affiliates agreed to provide $2.6 billion in credit and equity financing to Yankee Global Enterprises, supporting franchise growth and debt refinancing. Apollo Sports Capital CEO Al Tylis is expected to join the Yankees’ board, highlighting a deeper strategic relationship and potentially strengthening Apollo’s sports-investment pipeline. Apollo Inks $2.6 Billion Financing Deal With NY Yankees
• Positive Sentiment: Apollo is participating in a potentially large AI infrastructure financing opportunity. NVIDIA is partnering with Apollo and other major investment firms on platforms intended to mobilize more than $500 billion in third-party capital for data centers, power and related infrastructure. The initiative could create substantial origination, asset-management and fee opportunities for Apollo if demand for AI infrastructure continues. Nvidia partners with Apollo, BlackRock, and others on $500B AI financing push
• Positive Sentiment: New continuation-vehicle activity supports Apollo’s private-markets strategy. Apollo’s S3-led transaction for Mountaintop Beverage is designed to return capital to existing investors while providing the company with funding for capacity expansion and acquisitions. Such deals can generate liquidity and fees while extending Apollo’s investment relationships. Monogram Capital Partners Closes Apollo S3-Led Continuation Vehicle for Mountaintop Beverage
• Neutral Sentiment: Athene disclosed a corporate-structure presentation in an SEC Regulation FD filing. The filing improves transparency around Apollo’s retirement-services subsidiary, but the available report does not identify a new transaction or material change to earnings expectations. Apollo Global Management’s Subsidiary Athene Holding Releases Corporate Structure Presentation
• Negative Sentiment: AI optimism carries execution and valuation risks. Apollo has warned that markets may be underestimating AI’s eventual impact on corporate earnings, while commentary around the $500 billion financing push highlights concerns about excessive AI investment and credit risk. These warnings could temper enthusiasm for Apollo’s AI-related opportunities.
• Negative Sentiment: Recent quarterly results modestly missed expectations. Apollo reported $2.11 in EPS versus the $2.16 consensus estimate and revenue of $5.57 billion versus $5.65 billion expected. With shares trading at an elevated earnings multiple, even small misses may increase investor sensitivity. Recent insider activity also consisted of sales rather than purchases.

Analysts Set New Price Targets

A number of research firms have recently weighed in on APO. Piper Sandler cut their price target on Apollo Global Management from $157.00 to $156.00 and set an “overweight” rating for the company in a research note on Monday, July 13th. HSBC initiated coverage on shares of Apollo Global Management in a research report on Monday, July 20th. They set a “buy” rating and a $145.00 price objective on the stock. Keefe, Bruyette & Woods raised shares of Apollo Global Management to a “hold” rating in a research report on Monday, July 20th. BMO Capital Markets dropped their price target on shares of Apollo Global Management from $140.00 to $126.00 and set a “market perform” rating on the stock in a research note on Monday, July 13th. Finally, UBS Group increased their price target on shares of Apollo Global Management from $157.00 to $172.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $152.77.

Insider Buying and Selling

In other Apollo Global Management news, insider John P. Zito sold 48,644 shares of the business’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $130.66, for a total transaction of $6,355,825.04. Following the completion of the transaction, the insider owned 3,063,696 shares of the company’s stock, valued at $400,302,519.36. The trade was a 1.56% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 8.30% of the stock is owned by company insiders.

About Apollo Global Management

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.