Apollo Global Management (NYSE:APO) Raised to Strong-Buy at Argus

Apollo Global Management (NYSE:APO) was upgraded by Argus to a “strong-buy” rating in a report released on Thursday,Zacks.com reports.

Several other research firms have also commented on APO. Weiss Ratings reissued a “hold (c)” rating on shares of Apollo Global Management in a research note on Monday, December 29th. Wolfe Research restated an “outperform” rating on shares of Apollo Global Management in a report on Wednesday, January 7th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $165.00 target price on shares of Apollo Global Management in a report on Monday, February 9th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Apollo Global Management in a research note on Tuesday, February 10th. Finally, Barclays reduced 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, February 10th. Two research analysts have 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. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $164.79.

Apollo Global Management Stock Down 5.6%

APO opened at $118.38 on Thursday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.49 and a current ratio of 1.31. The company has a market capitalization of $68.71 billion, a PE ratio of 21.45, a P/E/G ratio of 1.08 and a beta of 1.57. The stock’s fifty day moving average is $139.26 and its 200-day moving average is $135.34. Apollo Global Management has a one year low of $102.58 and a one year high of $160.20.

Apollo Global Management (NYSE:APO) last released its earnings results on Monday, February 9th. The financial services provider reported $2.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.04 by $0.43. Apollo Global Management had a return on equity of 15.25% and a net margin of 10.90%.The firm had revenue of $9.86 billion for the quarter, compared to analyst estimates of $1.19 billion. During the same period in the previous year, the company earned $2.39 earnings per share. Apollo Global Management’s revenue was up .8% compared to the same quarter last year. On average, equities analysts predict that Apollo Global Management will post 8 EPS for the current fiscal year.

Insiders Place Their Bets

In other Apollo Global Management news, CFO Martin Kelly sold 6,000 shares of the stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $131.41, for a total value of $788,460.00. Following the completion of the sale, the chief financial officer owned 325,604 shares in the company, valued at $42,787,621.64. This represents a 1.81% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 8.20% of the company’s stock.

Institutional Trading of Apollo Global Management

Several hedge funds and other institutional investors have recently modified their holdings of APO. Compound Planning Inc. grew its stake in Apollo Global Management by 8.7% in the fourth quarter. Compound Planning Inc. now owns 4,626 shares of the financial services provider’s stock valued at $670,000 after purchasing an additional 372 shares in the last quarter. ATX Financial Planning LLC bought a new stake in shares of Apollo Global Management in the 4th quarter valued at approximately $1,166,000. Spinecap SAS increased its holdings in Apollo Global Management by 28.7% in the fourth quarter. Spinecap SAS now owns 220,649 shares of the financial services provider’s stock worth $31,941,000 after buying an additional 49,143 shares during the last quarter. Corient Private Wealth LLC raised its position in Apollo Global Management by 271.8% during the fourth quarter. Corient Private Wealth LLC now owns 1,024,143 shares of the financial services provider’s stock valued at $148,255,000 after acquiring an additional 748,697 shares in the last quarter. Finally, Royal Capital Wealth Management LLC bought a new stake in Apollo Global Management in the fourth quarter worth approximately $340,000. 77.06% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Apollo Global Management

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

• Positive Sentiment: Apollo sent a client-and-partner letter saying the recently circulated documents contain “nothing new” and reaffirming there are no new executive relationships with Jeffrey Epstein; the letter is intended to reassure clients and limit outflows. Apollo Sent the Following Letter to Clients and Partners
• Positive Sentiment: Apollo publicly stated CEO Marc Rowan had no personal or business relationship with Jeffrey Epstein — a direct management-level rebuttal that aims to contain governance risk and reassure institutional clients. Apollo says CEO Rowan had no business or personal relationship with Epstein
• Neutral Sentiment: Wall Street sentiment and price targets remain generally positive (median targets above current levels), which could limit longer-term downside if governance concerns fade. Apollo Global Management slides as renewed Epstein-related scrutiny raises governance risk concerns
• Neutral Sentiment: Institutional ownership moves are mixed — some large funds reduced positions while others added — so client reactions could be uneven and will be important to watch in filings. Institutional holdings and moves
• Negative Sentiment: Two major U.S. teachers’ unions asked the SEC to probe whether Apollo misled investors about the scope of executives’ historical contacts with Jeffrey Epstein — renewed regulatory scrutiny raises disclosure, legal and client-retention risk and is the main driver of today’s sell-off. Union request for SEC inquiry
• Negative Sentiment: High-profile insider selling over the past six months (including large dispositions by a co-founder and other executives) is being flagged by some investors as a governance/red flag amid the current headlines. Insider trading details

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.