Principal Financial Group Inc. Grows Stock Position in Apollo Global Management Inc. $APO

Principal Financial Group Inc. increased its stake in Apollo Global Management Inc. (NYSE:APO) by 3.7% in the fourth quarter, HoldingsChannel reports. The fund owned 513,593 shares of the financial services provider’s stock after purchasing an additional 18,350 shares during the period. Principal Financial Group Inc.’s holdings in Apollo Global Management were worth $74,348,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Atlantic Union Bankshares Corp grew its position in Apollo Global Management by 99.0% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 199 shares of the financial services provider’s stock worth $27,000 after acquiring an additional 99 shares during the last quarter. Kohmann Bosshard Financial Services LLC bought a new stake in Apollo Global Management in the fourth quarter valued at approximately $29,000. Physician Wealth Advisors Inc. boosted its stake in shares of 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 valued at $38,000 after purchasing an additional 96 shares during the period. City Holding Co. boosted its stake in shares of Apollo Global Management by 391.9% during the fourth quarter. City Holding Co. now owns 305 shares of the financial services provider’s stock valued at $44,000 after purchasing an additional 243 shares during the period. Finally, CX Institutional bought a new position in shares of Apollo Global Management in the third quarter worth approximately $48,000. 77.06% of the stock is currently owned by hedge funds and other institutional investors.

Apollo Global Management Stock Performance

Shares of APO stock opened at $127.72 on Friday. The firm has a market capitalization of $73.85 billion, a price-to-earnings ratio of 81.35, a PEG ratio of 1.16 and a beta of 1.52. The stock has a fifty day moving average of $113.74 and a 200 day moving average of $127.41. Apollo Global Management Inc. has a 52 week low of $99.56 and a 52 week high of $157.28. The company has a quick ratio of 1.31, a current ratio of 1.73 and a debt-to-equity ratio of 0.37.

Apollo Global Management (NYSE:APO) last issued its quarterly earnings data on Wednesday, May 6th. The financial services provider reported $1.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.89 by $0.05. Apollo Global Management had a net margin of 3.62% and a return on equity of 14.43%. The business had revenue of $5.06 billion for the quarter, compared to the consensus estimate of $5.19 billion. During the same period in the previous year, the firm earned $1.82 EPS. The company’s quarterly revenue was down 8.8% compared to the same quarter last year. As a group, research analysts expect 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 declared a quarterly dividend, which will be paid on Friday, May 29th. Investors of record on Tuesday, May 19th will be given a dividend of $0.5625 per share. This is an increase from Apollo Global Management’s previous quarterly dividend of $0.51. This represents a $2.25 annualized dividend and a dividend yield of 1.8%. The ex-dividend date is Tuesday, May 19th. Apollo Global Management’s dividend payout ratio is presently 36.96%.

Key Stories Impacting Apollo Global Management

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

Wall Street Analysts Forecast Growth

Several brokerages recently commented on APO. Morgan Stanley decreased their target price on shares of Apollo Global Management from $181.00 to $165.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 21st. Wall Street Zen raised shares of Apollo Global Management from a “sell” rating to a “hold” rating in a report on Sunday, April 26th. Argus upgraded shares of Apollo Global Management to a “strong-buy” rating in a research report on Thursday, February 19th. TD Cowen reaffirmed a “buy” rating on shares of Apollo Global Management in a research note on Thursday. Finally, Piper Sandler dropped their target price on shares of Apollo Global Management from $165.00 to $146.00 and set an “overweight” rating for the company in a report on Tuesday, April 7th. One 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 company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $150.25.

Apollo Global Management Company 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.