Vestcor Inc Has $2.38 Million Position in Apollo Global Management Inc. $APO

Vestcor Inc lessened its holdings in shares of Apollo Global Management Inc. (NYSE:APO) by 45.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,842 shares of the financial services provider’s stock after selling 15,146 shares during the quarter. Vestcor Inc’s holdings in Apollo Global Management were worth $2,378,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Schnieders Capital Management LLC. acquired a new stake in shares of Apollo Global Management in the 2nd quarter valued at $7,954,000. Savant Capital LLC bought a new stake in Apollo Global Management in the 2nd quarter valued at $209,000. Vestmark Advisory Solutions Inc. increased its stake in Apollo Global Management by 35.8% in the second quarter. Vestmark Advisory Solutions Inc. now owns 8,944 shares of the financial services provider’s stock valued at $1,269,000 after acquiring an additional 2,358 shares during the period. AE Wealth Management LLC lifted its position in shares of Apollo Global Management by 5.5% during the 2nd quarter. AE Wealth Management LLC now owns 14,712 shares of the financial services provider’s stock worth $2,087,000 after buying an additional 768 shares during the period. Finally, Prospera Financial Services Inc boosted its stake in shares of Apollo Global Management by 5.8% in the 2nd quarter. Prospera Financial Services Inc now owns 15,657 shares of the financial services provider’s stock valued at $2,226,000 after purchasing an additional 853 shares in the last quarter. 77.06% of the stock is currently owned by hedge funds and other institutional investors.

Apollo Global Management Trading Up 0.1%

Shares of NYSE:APO opened at $108.23 on Wednesday. Apollo Global Management Inc. has a 52-week low of $99.56 and a 52-week high of $157.28. The company has a market capitalization of $62.59 billion, a P/E ratio of 19.61, a price-to-earnings-growth ratio of 0.87 and a beta of 1.61. The company has a 50-day simple moving average of $129.79 and a 200 day simple moving average of $132.58. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.31 and a current ratio of 1.31.

Apollo Global Management (NYSE:APO) last issued its quarterly earnings data on Monday, February 9th. The financial services provider reported $2.47 earnings per share for the quarter, topping the consensus estimate of $2.04 by $0.43. Apollo Global Management had a net margin of 10.90% and a return on equity of 15.25%. The firm’s quarterly revenue was up .8% compared to the same quarter last year. During the same period in the previous year, the business posted $2.39 earnings per share. Sell-side analysts forecast that Apollo Global Management Inc. will post 8 earnings per share for the current year.

Apollo Global Management Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Thursday, February 19th were paid a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend was Thursday, February 19th. Apollo Global Management’s dividend payout ratio (DPR) is presently 36.96%.

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

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on APO. TD Cowen restated a “buy” rating on shares of Apollo Global Management in a research note on Thursday, February 12th. BMO Capital Markets set a $136.00 target price on Apollo Global Management and gave the stock a “market perform” rating in a research report on Tuesday, November 25th. JPMorgan Chase & Co. cut their price target on shares of Apollo Global Management from $164.00 to $162.00 and set an “overweight” rating on the stock in a research report on Tuesday, February 10th. Royal Bank Of Canada assumed coverage on shares of Apollo Global Management in a report on Monday, February 23rd. They set a “sector perform” rating and a $142.00 price objective for the company. Finally, UBS Group cut 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 report on Friday, February 20th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $159.47.

Apollo Global Management 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.