Apollo Global Management Inc. $APO Shares Bought by Doliver Advisors LP

Doliver Advisors LP lifted its stake in shares of Apollo Global Management Inc. (NYSE:APO) by 22.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,774 shares of the financial services provider’s stock after acquiring an additional 4,178 shares during the period. Apollo Global Management accounts for about 0.6% of Doliver Advisors LP’s investment portfolio, making the stock its 23rd largest position. Doliver Advisors LP’s holdings in Apollo Global Management were worth $2,694,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of APO. Legal & General Group Plc boosted its stake in shares of Apollo Global Management by 4.5% during the 4th quarter. Legal & General Group Plc now owns 3,611,839 shares of the financial services provider’s stock valued at $522,850,000 after buying an additional 155,857 shares during the last quarter. Sandro Wealth Management LLC acquired a new stake in Apollo Global Management in the fourth quarter valued at $1,599,000. Asset Management One Co. Ltd. boosted its stake in Apollo Global Management by 6.1% during the 4th quarter. Asset Management One Co. Ltd. now owns 189,744 shares of the financial services provider’s stock valued at $27,936,000 after acquiring an additional 10,876 shares during the last quarter. Vanguard Group Inc. grew its holdings in Apollo Global Management by 0.7% during the 4th quarter. Vanguard Group Inc. now owns 47,760,608 shares of the financial services provider’s stock worth $6,913,826,000 after acquiring an additional 340,956 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. grew its holdings in Apollo Global Management by 16.0% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 98,916 shares of the financial services provider’s stock worth $14,319,000 after acquiring an additional 13,625 shares in the last quarter. 77.06% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Apollo Global Management

In other news, insider John P. Zito sold 48,644 shares of the stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $130.66, for a total transaction of $6,355,825.04. Following the sale, the insider directly owned 3,063,696 shares in the company, valued at approximately $400,302,519.36. This represents a 1.56% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 8.30% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Piper Sandler cut their target price on shares of Apollo Global Management from $157.00 to $156.00 and set an “overweight” rating on the stock in a research note on Monday, July 13th. Wall Street Zen downgraded Apollo Global Management from a “sell” rating to a “strong sell” rating in a research note on Monday. BMO Capital Markets decreased their price target on Apollo Global Management from $140.00 to $126.00 and set a “market perform” rating for the company in a research note on Monday, July 13th. HSBC began coverage on Apollo Global Management in a report on Monday, July 20th. They issued a “buy” rating and a $145.00 price objective for the company. Finally, Royal Bank Of Canada increased their target price on Apollo Global Management from $137.00 to $146.00 and gave the stock a “sector perform” rating in a report on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, Apollo Global Management has an average rating of “Moderate Buy” and an average target price of $152.77.

Apollo Global Management Trading Up 6.1%

Apollo Global Management stock opened at $140.09 on Wednesday. The firm’s 50-day moving average is $125.68 and its 200-day moving average is $122.58. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.73 and a current ratio of 1.70. Apollo Global Management Inc. has a 1 year low of $99.56 and a 1 year high of $153.29. The company has a market cap of $80.77 billion, a P/E ratio of 51.32, a PEG ratio of 1.18 and a beta of 1.51.

Apollo Global Management (NYSE:APO) last announced its quarterly earnings data on Tuesday, August 4th. The financial services provider reported $2.11 earnings per share 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 for the quarter, compared to the consensus estimate of $5.65 billion. During the same period in the prior year, the company earned $1.92 EPS. On average, equities analysts expect that Apollo Global Management Inc. 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. Shareholders of record on Wednesday, August 19th will be paid a $0.5625 dividend. This represents a $2.25 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date is Wednesday, August 19th. Apollo Global Management’s payout ratio is presently 82.42%.

Trending Headlines about Apollo Global Management

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

• Positive Sentiment: Apollo Sports Capital affiliates agreed to provide $2.6 billion in combined credit and equity financing to Yankee Global Enterprises. The deal will support franchise growth and debt refinancing, while Apollo Sports Capital CEO Al Tylis is expected to join the Yankees’ board, signaling a deeper strategic relationship. Why Apollo Global Management Stock Is Up Today
• Positive Sentiment: Nvidia announced partnerships with Apollo and other major investment firms to create financing platforms capable of mobilizing more than $500 billion in third-party capital for AI data centers, power, and related infrastructure. The arrangement could expand Apollo’s fee-generating opportunities without requiring Nvidia to fund the buildout directly. Nvidia Partners With Apollo on AI Financing Push
• Positive Sentiment: Apollo also led a continuation vehicle for Mountaintop Beverage, returning most of an existing fund’s capital while providing the company with additional funding for capacity expansion and acquisitions. Such transactions can generate management fees and carried-interest potential. Monogram Capital Partners Closes Apollo-Led Continuation Vehicle
• Neutral Sentiment: Apollo reported approximately $1.05 trillion in assets under management as of June 30 and record earnings across its main segments, although the latest quarterly results modestly missed consensus estimates for earnings per share and revenue. Analyst price targets remain broadly supportive, with a reported median of $146.
• Negative Sentiment: Apollo economist Torsten Slok cautioned that companies are spending heavily on AI without yet seeing corresponding profit gains. That raises concerns about the returns and credit quality of the broader AI infrastructure investment cycle. Apollo Economist Warns About AI Spending

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.