Pacific Capital Partners Ltd Buys New Position in Apollo Global Management Inc. $APO

Pacific Capital Partners Ltd purchased a new stake in Apollo Global Management Inc. (NYSE:APO) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 17,500 shares of the financial services provider’s stock, valued at approximately $2,533,000. Apollo Global Management comprises about 2.7% of Pacific Capital Partners Ltd’s holdings, making the stock its 17th biggest holding.

Other large investors have also bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in Apollo Global Management by 3.0% during the 3rd quarter. Vanguard Group Inc. now owns 47,419,652 shares of the financial services provider’s stock worth $6,319,617,000 after acquiring an additional 1,377,545 shares during the last quarter. Amundi lifted its position in shares of Apollo Global Management by 68.9% during the second quarter. Amundi now owns 1,311,102 shares of the financial services provider’s stock valued at $187,199,000 after purchasing an additional 534,904 shares in the last quarter. Marshall Wace LLP lifted its position in shares of Apollo Global Management by 5,670.1% during the second quarter. Marshall Wace LLP now owns 395,020 shares of the financial services provider’s stock valued at $56,041,000 after purchasing an additional 388,174 shares in the last quarter. Bessemer Group Inc. boosted its holdings in Apollo Global Management by 31.1% during the third quarter. Bessemer Group Inc. now owns 1,617,228 shares of the financial services provider’s stock worth $215,530,000 after purchasing an additional 383,198 shares during the last quarter. Finally, Bahl & Gaynor Inc. grew its position in Apollo Global Management by 62.0% in the 3rd quarter. Bahl & Gaynor Inc. now owns 996,727 shares of the financial services provider’s stock worth $132,834,000 after purchasing an additional 381,479 shares in the last quarter. 77.06% of the stock is currently owned by institutional investors.

Apollo Global Management Trading Up 1.3%

Shares of APO stock opened at $109.88 on Tuesday. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 0.33. The firm has a market cap of $63.54 billion, a P/E ratio of 19.91, a PEG ratio of 0.87 and a beta of 1.61. The company has a 50 day moving average of $119.37 and a 200-day moving average of $129.98. Apollo Global Management Inc. has a 12-month low of $99.56 and a 12-month high of $157.28.

Apollo Global Management (NYSE:APO) last announced its quarterly earnings data on Monday, February 9th. The financial services provider reported $2.47 earnings per share for the quarter, beating the consensus estimate 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 business had revenue of $9.86 billion during the quarter, compared to analyst estimates of $1.19 billion. During the same period in the prior year, the company earned $2.39 earnings per share. Apollo Global Management’s revenue was up .8% compared to the same quarter last year. Sell-side analysts anticipate that Apollo Global Management Inc. will post 8 earnings per share for the current year.

Apollo Global Management Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on APO shares. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Apollo Global Management in a research note on Tuesday, February 10th. UBS Group reduced their target price on Apollo Global Management from $182.00 to $152.00 and set a “buy” rating for the company in a report on Friday, February 20th. Weiss Ratings reiterated a “hold (c)” rating on shares of Apollo Global Management in a report on Monday, December 29th. Morgan Stanley boosted their price objective on Apollo Global Management from $180.00 to $181.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 10th. Finally, Barclays decreased their target price on Apollo Global Management from $158.00 to $131.00 and set an “overweight” rating for the company in a research report on Monday, March 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $158.13.

Key Stories Impacting Apollo Global Management

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

• Positive Sentiment: Strategic acquisitions and deal flow — Apollo agreed to buy Nippon Sheet Glass (~$3.7bn enterprise value), adding industrial/private equity exposure in Japan and signaling continued PE deployment. Apollo Global Management (APO) Acquiring Nippon Sheet
• Positive Sentiment: Large potential buyout pipeline — Bloomberg reports Apollo is nearing a roughly $10B acquisition of Atlantic Aviation from KKR, which would expand its infrastructure/aviation holdings and AUM. Apollo nears $10B deal to purchase Atlantic Aviation
• Positive Sentiment: U.S. footprint expansion — Apollo is exploring a second U.S. headquarters in South Florida or Texas to access lower costs/talent and support long-term AUM growth, a constructive signal for operational scaling. Apollo to Expand U.S. Footprint With Second Headquarters Plan
• Neutral Sentiment: Debt issuance — Apollo priced $750M of 5.700% senior notes. This raises financing for corporate or investment purposes; impact depends on use of proceeds and interest-cost outlook. Apollo Global Issues $750 Million Senior Notes Offering
• Neutral Sentiment: Minor institutional selling — Beacon Investment Advisory cut its APO stake (sell of ~5,958 shares reported in 13F), a small disclosure-driven flow rather than evidence of broad redemptions. Beacon Investment Advisory Services Inc. Sells 5,958 Shares
• Negative Sentiment: Private-credit exposure concerns — WSJ/industry pieces suggest Apollo-managed private-credit funds may understate exposure to stressed software companies, raising mark and loss-risk questions for credit portfolios. Private Credit’s Exposure to Ailing Software Industry Is Bigger Than Advertised
• Negative Sentiment: Legal/reputational overhang — Multiple firms have filed or publicized securities class actions tied to investigative “Epstein files” reporting and related disclosures; plaintiff-firm notices and lead-plaintiff deadlines add litigation risk and headline volatility. APO SHAREHOLDER NOTICE: Hagens Berman Alerts Apollo Investors

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.