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

Apollo Global Management (NYSE:APO) was upgraded by stock analysts at Wall Street Zen from a “strong sell” rating to a “sell” rating in a research note issued on Sunday.

Several other brokerages have also recently issued reports on APO. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Apollo Global Management in a research report on Thursday, May 7th. HSBC assumed coverage on Apollo Global Management in a research note on Monday, July 20th. They set a “buy” rating and a $145.00 price objective for the company. TD Cowen dropped their price objective on Apollo Global Management from $155.00 to $146.00 and set a “buy” rating on the stock in a research report on Monday, May 18th. The Goldman Sachs Group cut their target price on Apollo Global Management from $169.00 to $134.00 and set a “buy” rating on the stock in a research note on Tuesday, April 7th. Finally, Weiss Ratings downgraded shares of Apollo Global Management from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, May 11th. One 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 MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $149.08.

Apollo Global Management Price Performance

APO opened at $129.51 on Friday. The company has a market capitalization of $74.66 billion, a price-to-earnings ratio of 82.49, a PEG ratio of 1.10 and a beta of 1.50. The company has a current ratio of 1.73, a quick ratio of 1.73 and a debt-to-equity ratio of 0.45. Apollo Global Management has a 12-month low of $99.56 and a 12-month high of $153.29. The business’s fifty day simple moving average is $125.36 and its 200-day simple moving average is $123.03.

Apollo Global Management (NYSE:APO) last issued its earnings results on Wednesday, May 6th. The financial services provider reported $1.94 earnings per share (EPS) for the quarter, topping the consensus estimate 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 company had revenue of $5.06 billion for the quarter, compared to analysts’ expectations of $5.19 billion. During the same period in the prior year, the business earned $1.82 EPS. The firm’s quarterly revenue was down 8.8% on a year-over-year basis. On average, equities research analysts anticipate that Apollo Global Management will post 8.18 earnings per share for the current fiscal year.

Insider Transactions at Apollo Global Management

In other 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 transaction of $6,355,825.04. Following the completion of the sale, the insider directly owned 3,063,696 shares in the company, 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 filing with the SEC, which is accessible through the SEC website. Insiders own 8.30% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Kohmann Bosshard Financial Services LLC acquired a new stake in Apollo Global Management during the 4th quarter valued at approximately $29,000. MBM Wealth Consultants LLC purchased a new position in shares of Apollo Global Management during the first quarter worth $29,000. Steigerwald Gordon & Koch Inc. lifted its position in Apollo Global Management by 484.1% during the first 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. Osbon Capital Management LLC purchased a new stake in Apollo Global Management in the fourth quarter valued at $36,000. Finally, Physician Wealth Advisors Inc. grew its position in Apollo Global Management by 57.8% during the 4th quarter. Physician Wealth Advisors Inc. now owns 262 shares of the financial services provider’s stock worth $38,000 after purchasing an additional 96 shares during the period. 77.06% of the stock is currently owned by hedge funds and other institutional investors.

More Apollo Global Management News

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

• Positive Sentiment: Apollo acquired Maverick Water Group, a Houston-based developer and operator of alternative non-potable water systems serving Texas communities. The transaction expands Apollo’s investment exposure to water infrastructure and resource-efficiency assets; financial terms were not disclosed, and Maverick’s management retained a minority stake. Apollo Funds Acquire Maverick Water Group
• Positive Sentiment: Apollo selected Austin, Texas, for a new strategic growth hub focused on emerging technology, innovation and new businesses across its asset-management and retirement-solutions platforms. The office, led by Eric Needleman and Mike Downing, is intended to improve access to technology talent, incubate products and strengthen relationships with innovative companies and potential long-term capital partners. Apollo’s global headquarters will remain in New York. Apollo Selects Austin for Strategic Hub
• Neutral Sentiment: Quarterly earnings are expected Tuesday. The report will be an important near-term catalyst. Apollo’s latest results included an earnings-per-share beat, but revenue declined year over year, making asset-raising, fee income and outlook commentary key areas for investors to watch. Apollo Global Management Projected to Release Quarterly Earnings
• Negative Sentiment: Wall Street Zen reportedly changed its rating to Sell, adding a bearish signal ahead of the earnings release. The downgrade could weigh on sentiment, although it appears to be a single-source rating change rather than a broad analyst consensus shift. Apollo Global Management Rating Increased to Sell
• Negative Sentiment: Recent insider activity has been limited to selling: Co-President John P. Zito reportedly sold 48,644 shares over the past six months, with no disclosed insider purchases. While sales may reflect portfolio planning or compensation, the absence of insider buying provides no incremental confidence signal.

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.