Apollo Global Management (NYSE:APO) Cut to Strong Sell at Wall Street Zen

Wall Street Zen cut shares of Apollo Global Management (NYSE:APO) from a sell rating to a strong sell rating in a research note issued to investors on Monday morning.

A number of other analysts also recently weighed in on APO. Barclays increased their price objective on Apollo Global Management from $132.00 to $157.00 and gave the company an “overweight” rating in a report on Wednesday, August 5th. Piper Sandler decreased their price target on Apollo Global Management from $157.00 to $156.00 and set an “overweight” rating for the company in a research note on Monday, July 13th. UBS Group raised their price objective on Apollo Global Management from $157.00 to $172.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. BMO Capital Markets cut their price objective on Apollo Global Management from $140.00 to $126.00 and set a “market perform” rating on the stock in a research note on Monday, July 13th. Finally, Evercore reiterated an “outperform” rating on shares of Apollo Global Management in a report on Tuesday, April 21st. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, Apollo Global Management presently has an average rating of “Moderate Buy” and an average target price of $152.77.

Apollo Global Management Stock Performance

NYSE:APO opened at $138.58 on Monday. The stock’s 50-day moving average is $125.96 and its 200-day moving average is $122.57. Apollo Global Management has a 1-year low of $99.56 and a 1-year high of $153.29. The company has a current ratio of 1.70, a quick ratio of 1.73 and a debt-to-equity ratio of 0.34. The stock has a market cap of $79.89 billion, a P/E ratio of 50.76, a price-to-earnings-growth ratio of 1.26 and a beta of 1.51.

Apollo Global Management (NYSE:APO) last issued its quarterly earnings data on Tuesday, August 4th. The financial services provider reported $2.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.16 by ($0.05). Apollo Global Management had a net margin of 5.22% and a return on equity of 14.01%. The business had revenue of $5.57 billion during the quarter, compared to the consensus estimate of $5.65 billion. During the same quarter last year, the business earned $1.92 EPS. Equities research analysts anticipate that Apollo Global Management will post 8.12 earnings per share for the current year.

Apollo Global Management Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, August 31st. Investors of record on Wednesday, August 19th will be paid a dividend of $0.5625 per share. The ex-dividend date of this dividend is Wednesday, August 19th. This represents a $2.25 annualized dividend and a yield of 1.6%. Apollo Global Management’s dividend payout ratio is currently 82.42%.

Insider Buying and Selling

In other Apollo Global Management news, insider John P. Zito sold 48,644 shares of Apollo Global Management stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $130.66, for a total value of $6,355,825.04. Following the completion of the sale, the insider directly owned 3,063,696 shares of the company’s stock, valued at approximately $400,302,519.36. The trade was a 1.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 8.30% of the company’s stock.

Institutional Trading of Apollo Global Management

Large investors have recently made changes to their positions in the company. Kohmann Bosshard Financial Services LLC bought a new stake in shares of Apollo Global Management during the fourth quarter valued at approximately $29,000. MBM Wealth Consultants LLC bought a new position in shares of Apollo Global Management in the 1st quarter worth $29,000. Steigerwald Gordon & Koch Inc. grew its position in Apollo Global Management by 484.1% in the 1st quarter. Steigerwald Gordon & Koch Inc. now owns 257 shares of the financial services provider’s stock valued at $29,000 after purchasing an additional 213 shares during the period. Keating Financial Advisory Services Inc. bought a new stake in Apollo Global Management during the 2nd quarter valued at $31,000. Finally, Osbon Capital Management LLC bought a new stake in Apollo Global Management during the 4th quarter valued at $36,000. 77.06% of the stock is currently owned by institutional investors and hedge funds.

More Apollo Global Management News

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

• Positive Sentiment: Major Yankees financing deal expands Apollo’s sports platform. Apollo Sports Capital affiliates agreed to provide $2.6 billion in credit and equity financing to Yankee Global Enterprises, supporting franchise growth and debt refinancing. Apollo Sports Capital CEO Al Tylis is expected to join the Yankees’ board, highlighting a deeper strategic relationship and potentially strengthening Apollo’s sports-investment pipeline. Apollo Inks $2.6 Billion Financing Deal With NY Yankees
• Positive Sentiment: Apollo is participating in a potentially large AI infrastructure financing opportunity. NVIDIA is partnering with Apollo and other major investment firms on platforms intended to mobilize more than $500 billion in third-party capital for data centers, power and related infrastructure. The initiative could create substantial origination, asset-management and fee opportunities for Apollo if demand for AI infrastructure continues. Nvidia partners with Apollo, BlackRock, and others on $500B AI financing push
• Positive Sentiment: New continuation-vehicle activity supports Apollo’s private-markets strategy. Apollo’s S3-led transaction for Mountaintop Beverage is designed to return capital to existing investors while providing the company with funding for capacity expansion and acquisitions. Such deals can generate liquidity and fees while extending Apollo’s investment relationships. Monogram Capital Partners Closes Apollo S3-Led Continuation Vehicle for Mountaintop Beverage
• Neutral Sentiment: Athene disclosed a corporate-structure presentation in an SEC Regulation FD filing. The filing improves transparency around Apollo’s retirement-services subsidiary, but the available report does not identify a new transaction or material change to earnings expectations. Apollo Global Management’s Subsidiary Athene Holding Releases Corporate Structure Presentation
• Negative Sentiment: AI optimism carries execution and valuation risks. Apollo has warned that markets may be underestimating AI’s eventual impact on corporate earnings, while commentary around the $500 billion financing push highlights concerns about excessive AI investment and credit risk. These warnings could temper enthusiasm for Apollo’s AI-related opportunities.
• Negative Sentiment: Recent quarterly results modestly missed expectations. Apollo reported $2.11 in EPS versus the $2.16 consensus estimate and revenue of $5.57 billion versus $5.65 billion expected. With shares trading at an elevated earnings multiple, even small misses may increase investor sensitivity. Recent insider activity also consisted of sales rather than purchases.

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.