Richard Bernstein Advisors LLC cut its position in shares of Apollo Global Management Inc. (NYSE:APO – Free Report) by 54.5% in the third quarter, Holdings Channel reports. The firm owned 11,144 shares of the financial services provider’s stock after selling 13,325 shares during the period. Richard Bernstein Advisors LLC’s holdings in Apollo Global Management were worth $1,485,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also modified their holdings of the business. Delos Wealth Advisors LLC bought a new position in shares of Apollo Global Management in the second quarter valued at approximately $25,000. Atlantic Union Bankshares Corp increased its stake in Apollo Global Management by 99.0% during the third quarter. Atlantic Union Bankshares Corp now owns 199 shares of the financial services provider’s stock valued at $27,000 after acquiring an additional 99 shares during the period. Sound Income Strategies LLC acquired a new position in Apollo Global Management in the 3rd quarter valued at approximately $28,000. SJS Investment Consulting Inc. raised its holdings in Apollo Global Management by 1,123.5% in the 3rd quarter. SJS Investment Consulting Inc. now owns 208 shares of the financial services provider’s stock valued at $28,000 after acquiring an additional 191 shares in the last quarter. Finally, Nemes Rush Group LLC bought a new stake in shares of Apollo Global Management in the 2nd quarter worth approximately $30,000. Institutional investors and hedge funds own 77.06% of the company’s stock.
Apollo Global Management Stock Performance
Apollo Global Management stock opened at $108.23 on Wednesday. The firm has a market capitalization of $62.59 billion, a P/E ratio of 19.61, a P/E/G ratio of 0.87 and a beta of 1.61. The stock has a fifty day moving average price of $129.79 and a two-hundred day moving average price of $132.58. Apollo Global Management Inc. has a 52-week low of $99.56 and a 52-week high of $157.28. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.31 and a quick ratio of 1.31.
Apollo Global Management Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Thursday, February 19th were issued a dividend of $0.51 per share. The ex-dividend date was Thursday, February 19th. This represents a $2.04 annualized dividend and a yield of 1.9%. Apollo Global Management’s payout ratio is currently 36.96%.
Apollo Global Management News Roundup
Here are the key news stories impacting Apollo Global Management this week:
- Positive Sentiment: Apollo agreed to sell a majority stake in TAKKION to Siris, trimming exposure to a capital‑intensive renewables technology investment and crystallizing value from that holding. Siris Agrees to Acquire a Majority Stake in TAKKION from Apollo Funds
- Positive Sentiment: Market coverage frames the TAKKION exit as resetting Apollo’s renewable exposure and supporting the thesis that shares were undervalued by that overhang, a narrative that can bolster investor sentiment. Apollo TAKKION Exit Resets Renewable Exposure And Undervalued Share Story
- Positive Sentiment: Apollo is launching its first long‑term asset fund in the U.K. (CG Apollo Global Diversified Credit LTAF) aimed at defined‑contribution pension schemes — a product that can create recurring management and performance fee streams and expand the firm’s distribution. Apollo to Launch First Long-Term Asset Fund in the UK
- Positive Sentiment: Apollo is set to complete its acquisition of a stake in Atlético Madrid this week — a strategic sports/marketing asset that can diversify fee‑earning and alternative investment exposures. Apollo to complete Atletico Madrid stake acquisition this week
- Neutral Sentiment: Industry hire: Bloomberg reports Irenic has hired Apollo’s Wang as it builds private‑equity capabilities for a hedge fund — a personnel move that signals Apollo talent is sought after but doesn’t materially affect Apollo’s near‑term fundamentals. Irenic Hires Apollo’s Wang in Private Equity Push for Hedge Fund
- Negative Sentiment: Major negative: a securities class action has been filed after reporting (FT/CNN) about Apollo’s historical business ties to Jeffrey Epstein. That reporting, and the lawsuit alleging material nondisclosures, raise reputational and legal risks that could lead to regulatory scrutiny, settlements or management distraction. Apollo Global Management (APO) Faces Securities Class Action Amid Questions Related to Business with Epstein – Hagens Berman
- Negative Sentiment: Multiple plaintiff firms (Pomerantz, Faruqi, Rosen, Glancy, Bronstein, Schall and others) are soliciting lead plaintiffs and reminding investors of a May 1, 2026 deadline — signaling coordinated litigation activity that increases the probability of material legal costs, discovery burdens, and share‑price volatility. APO INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Reminds Apollo Global Management (APO) Investors of Securities Class Action Deadline on May 1, 2026
Analyst Ratings Changes
APO has been the topic of a number of research reports. Barclays lowered their price objective on Apollo Global Management from $158.00 to $131.00 and set an “overweight” rating on the stock in a research report on Monday, March 2nd. Royal Bank Of Canada started coverage on shares of Apollo Global Management in a research note on Monday, February 23rd. They set a “sector perform” rating and a $142.00 price target on the stock. Piper Sandler restated an “overweight” rating and issued a $165.00 price objective on shares of Apollo Global Management in a research note on Tuesday, February 10th. BMO Capital Markets set a $136.00 price objective on shares of Apollo Global Management and gave the stock a “market perform” rating in a report on Tuesday, November 25th. Finally, UBS Group decreased their target price on shares of Apollo Global Management from $182.00 to $152.00 and set a “buy” rating on the stock in a research report on Friday, February 20th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, Apollo Global Management has a consensus rating of “Moderate Buy” and a consensus target price of $159.47.
Get Our Latest Stock Analysis on Apollo Global Management
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.
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