Apollo Global Management (NYSE:APO) Issues Earnings Results

Apollo Global Management (NYSE:APO) issued its earnings results on Monday. The financial services provider reported $2.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.04 by $0.43, FiscalAI reports. Apollo Global Management had a return on equity of 15.25% and a net margin of 10.90%.The company had revenue of $9.86 billion during the quarter, compared to analysts’ expectations of $1.19 billion. During the same period in the prior year, the business earned $2.39 EPS. The firm’s quarterly revenue was up .8% on a year-over-year basis.

Here are the key takeaways from Apollo Global Management’s conference call:

• Apollo reported record 2025 results—FRE $2.5bn (+23%), SRE $3.4bn and adjusted net income $5.2bn (+14%)—and reaffirmed guidance of 20%+ FRE growth in 2026 and 10% SRE growth.
• Origination and fundraising hit records with >$305bn of originations, robust excess spreads (around 350 bps over Treasuries on average) and $228bn of full‑year inflows, supporting both fee generation and spread earnings.
• Management highlights very low exposure to software risk—software ≈2% of AUM, zero gross software exposure in PE and ~0.5% on Athene’s balance sheet—positioning Apollo as more resilient amid recent sector volatility.
• The firm increased its annual dividend 10% to $2.25 and returned ~ $1.5bn in 2025, but is also absorbing higher FRE expenses from the Bridge acquisition and ongoing investments in people, technology and global expansion.
• Management warned of increased market dispersion and a rapid repricing in software and some non‑traded BDC segments, risks that could pressure marks and valuations for managers more exposed to those pockets despite Apollo’s defensive positioning.

Apollo Global Management Stock Down 1.1%

APO stock opened at $132.43 on Wednesday. The company’s 50 day moving average price is $141.63 and its 200 day moving average price is $136.22. The firm has a market capitalization of $76.87 billion, a price-to-earnings ratio of 23.99, a PEG ratio of 1.20 and a beta of 1.57. Apollo Global Management has a fifty-two week low of $102.58 and a fifty-two week high of $164.22. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.49 and a current ratio of 1.31.

Apollo Global Management Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Thursday, February 19th will be paid a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date is Thursday, February 19th. Apollo Global Management’s dividend payout ratio is presently 36.96%.

Key Apollo Global Management News

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

• Positive Sentiment: Q4 beat and asset growth: Apollo reported stronger-than-expected Q4 results, higher AUM and record origination activity that lifted revenue and profitability — a core reason investors initially bid the stock up after earnings. Apollo Global Stock Up as Q4 Earnings Top Estimates
• Positive Sentiment: Large AI financing opportunity: Apollo is nearing a ~$3.4B loan to an investment vehicle that would buy NVIDIA chips and lease them to Elon Musk’s xAI — a high-profile, fee-generating deal that expands Apollo’s lending/origination footprint into AI infrastructure. Apollo Global Management nears $3.4 billion loan deal for Nvidia chips to xAI
• Positive Sentiment: Dividend declared: Apollo announced a quarterly cash dividend (record Feb. 19), supporting income investors and signaling confidence in cash flow. (Ex-dividend and payment dates noted in company release.)
• Positive Sentiment: EMEA leadership hire: Apollo named Diego De Giorgi as incoming Head of EMEA, a veteran hire that supports European expansion and deal-sourcing capabilities. Apollo Names Diego De Giorgi as Incoming Head of EMEA
• Neutral Sentiment: Management commentary and disclosures: Transcripts and presentations (Q4 earnings, UBS conference) provide detail on origination, lending growth and limited software exposure — useful for modeling but not new catalysts by themselves. UBS Conference Transcript
• Negative Sentiment: Analyst price-target trims: Several banks trimmed price targets (JPMorgan $164→$162; Barclays $168→$158) though ratings remained “overweight” — these modest cuts may cap near-term upside and contributed to selling pressure. Benzinga
• Neutral Sentiment: Piper Sandler reaffirmation: Piper Sandler kept an overweight rating with a $165 target — supportive but already priced into consensus. Piper Sandler rating
• Neutral Sentiment: CFO remarks on software exposure: Apollo’s CFO called market reactions to software “extreme,” underscoring management’s view that Apollo has limited software-concentration risk — a reassuring tone but not a fresh catalyst. CFO Comments

Insider Transactions at Apollo Global Management

In other Apollo Global Management news, CFO Martin Kelly sold 6,000 shares of the business’s stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $131.41, for a total transaction of $788,460.00. Following the completion of the transaction, the chief financial officer owned 325,604 shares in the company, valued at $42,787,621.64. The trade was a 1.81% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 8.50% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Apollo Global Management

Institutional investors have recently modified their holdings of the company. CIBC Private Wealth Group LLC increased its holdings in Apollo Global Management by 40.7% in the third quarter. CIBC Private Wealth Group LLC now owns 3,178 shares of the financial services provider’s stock valued at $424,000 after buying an additional 920 shares during the last quarter. Centaurus Financial Inc. boosted its position in shares of Apollo Global Management by 17.6% during the 3rd quarter. Centaurus Financial Inc. now owns 6,027 shares of the financial services provider’s stock worth $803,000 after acquiring an additional 903 shares in the last quarter. Sunbelt Securities Inc. increased its holdings in shares of Apollo Global Management by 16.9% in the 3rd quarter. Sunbelt Securities Inc. now owns 566 shares of the financial services provider’s stock valued at $75,000 after acquiring an additional 82 shares during the last quarter. Captrust Financial Advisors increased its holdings in shares of Apollo Global Management by 2.6% in the 3rd quarter. Captrust Financial Advisors now owns 14,273 shares of the financial services provider’s stock valued at $1,902,000 after acquiring an additional 366 shares during the last quarter. Finally, Coldstream Capital Management Inc. raised its position in shares of Apollo Global Management by 42.8% during the 3rd quarter. Coldstream Capital Management Inc. now owns 5,743 shares of the financial services provider’s stock worth $765,000 after acquiring an additional 1,721 shares in the last quarter. 77.06% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

APO has been the subject of several analyst reports. TD Cowen reissued a “buy” rating on shares of Apollo Global Management in a research note on Tuesday, November 25th. The Goldman Sachs Group reissued a “buy” rating and set a $165.00 target price on shares of Apollo Global Management in a research note on Monday. JPMorgan Chase & Co. lowered their target price on Apollo Global Management from $164.00 to $162.00 and set an “overweight” rating for the company in a report on Tuesday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Apollo Global Management in a research report on Monday, December 29th. Finally, Barclays lowered their price objective on shares of Apollo Global Management from $168.00 to $158.00 and set an “overweight” rating for the company in a research note on Tuesday. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $164.79.

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.