Vestcor Inc decreased its holdings in shares of Apollo Global Management Inc. (NYSE:APO – Free Report) by 45.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 17,842 shares of the financial services provider’s stock after selling 15,146 shares during the period. Vestcor Inc’s holdings in Apollo Global Management were worth $2,378,000 as of its most recent SEC filing.
Other large investors also recently modified their holdings of the company. Delos Wealth Advisors LLC purchased a new stake in shares of Apollo Global Management during the 2nd quarter valued at $25,000. Atlantic Union Bankshares Corp boosted its holdings in shares of Apollo Global Management by 99.0% in the third 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 period. Sound Income Strategies LLC purchased a new position in Apollo Global Management during the 3rd quarter valued at about $28,000. SJS Investment Consulting Inc. grew its stake in Apollo Global Management by 1,123.5% during the third 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 purchased a new position in shares of Apollo Global Management during the 2nd quarter valued at $30,000. Institutional investors own 77.06% of the company’s stock.
Apollo Global Management News Summary
Here are the key news stories impacting Apollo Global Management this week:
- Positive Sentiment: A unit of Adani Group privately placed about $500 million of bonds with funds managed by Apollo, signalling active deal flow and private‑credit deployment that can grow fee income and AUM. Adani Energy Raises $500 Million Bilateral Debt from Apollo
- Positive Sentiment: Apollo launched its first long‑term asset fund (CG Apollo Global Diversified Credit LTAF) for UK defined‑contribution pension schemes, and is pushing a UK retirement-market global credit fund — a product push that could add stable, long‑duration fee income and expand institutional distribution. Apollo to Launch First Long-Term Asset Fund in the UK
- Positive Sentiment: Apollo agreed to sell its stake in Takkion to Siris (reported exits), which the market views as reducing renewable exposure and potentially crystallizing value — a lifecycle event that can improve portfolio clarity. Apollo TAKKION Exit Resets Renewable Exposure
- Positive Sentiment: Apollo is set to complete its acquisition of a stake in Atlético Madrid, reflecting continued expansion into sports/entertainment assets that can diversify returns and generate event‑driven upside. Apollo to complete Atletico Madrid stake acquisition
- Neutral Sentiment: Industry movement: a senior Apollo executive (Wang) was hired by Irenic as it ramps private‑equity/hedge capabilities — operational personnel changes that are notable but not immediately material to earnings. Irenic Hires Apollo’s Wang
- Negative Sentiment: Major legal overhang: multiple securities class actions have been filed (and numerous law firms are soliciting lead plaintiffs) after media reporting on previously undisclosed ties to Jeffrey Epstein. Plaintiffs allege investor harm dating back to May 2021; the filings and related publicity create reputational risk, litigation exposure and short‑term share‑price pressure. APO Faces Securities Class Action Amid Questions Related to Business with Epstein
Apollo Global Management Stock Up 0.1%
Apollo Global Management (NYSE:APO – Get Free Report) last posted its quarterly earnings data on Monday, February 9th. The financial services provider reported $2.47 earnings per share for the quarter, beating 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 company’s quarterly revenue was up .8% compared to the same quarter last year. During the same quarter last year, the firm posted $2.39 earnings per share. As a group, sell-side analysts anticipate that Apollo Global Management Inc. will post 8 earnings per share for the current fiscal year.
Apollo Global Management Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Thursday, February 19th were given a dividend of $0.51 per share. The ex-dividend date of this dividend was Thursday, February 19th. This represents a $2.04 annualized dividend and a dividend yield of 1.9%. Apollo Global Management’s dividend payout ratio (DPR) is 36.96%.
Analysts Set New Price Targets
Several brokerages recently issued reports on APO. JPMorgan Chase & Co. cut their target price on shares of Apollo Global Management from $164.00 to $162.00 and set an “overweight” rating for the company in a research report on Tuesday, February 10th. UBS Group dropped their price target on shares of Apollo Global Management from $182.00 to $152.00 and set a “buy” rating for the company in a research report on Friday, February 20th. Morgan Stanley boosted their target price on Apollo Global Management from $180.00 to $181.00 and gave the company an “overweight” rating in a research note on Tuesday, February 10th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Apollo Global Management in a research note on Tuesday, February 10th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Apollo Global Management in a report on Monday, December 29th. Two investment 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’s stock. Based on data from MarketBeat.com, Apollo Global Management presently has a consensus rating of “Moderate Buy” and a consensus target price of $159.47.
Get Our Latest Stock Report on APO
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.
Recommended Stories
- Five stocks we like better than Apollo Global Management
- The gold chart Wall Street is terrified of…
- What a Former CIA Agent Knows About the Coming Collapse
- Elon Musk already made me a “wealthy man”
- Unlocked: Elon Musk’s Next Big IPO
- 1,500 Banks Just Handed the Fed Your Bank Account
Want to see what other hedge funds are holding APO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Apollo Global Management Inc. (NYSE:APO – Free Report).
Receive News & Ratings for Apollo Global Management Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Apollo Global Management and related companies with MarketBeat.com's FREE daily email newsletter.
