Kepler Cheuvreux Suisse SA Makes New Investment in Apollo Global Management Inc. $APO

Kepler Cheuvreux Suisse SA bought a new position in Apollo Global Management Inc. (NYSE:APO) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 6,985 shares of the financial services provider’s stock, valued at approximately $1,011,000.

Several other institutional investors and hedge funds have also made changes to their positions in APO. 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 valued at $27,000 after acquiring an additional 99 shares in the last quarter. Kohmann Bosshard Financial Services LLC bought a new position in shares of Apollo Global Management in the fourth quarter valued at approximately $29,000. Physician Wealth Advisors Inc. boosted its holdings in shares of Apollo Global Management by 57.8% in the fourth quarter. Physician Wealth Advisors Inc. now owns 262 shares of the financial services provider’s stock valued at $38,000 after acquiring an additional 96 shares in the last quarter. City Holding Co. boosted its holdings in shares of Apollo Global Management by 391.9% in the fourth quarter. City Holding Co. now owns 305 shares of the financial services provider’s stock valued at $44,000 after acquiring an additional 243 shares in the last quarter. Finally, CX Institutional bought a new position in shares of Apollo Global Management in the third quarter valued at approximately $48,000. 77.06% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Morgan Stanley decreased their price objective on shares of Apollo Global Management from $181.00 to $165.00 and set an “overweight” rating for the company in a report on Tuesday, April 21st. Barclays increased their price objective on shares of Apollo Global Management from $125.00 to $131.00 and gave the company an “overweight” rating in a report on Thursday. The Goldman Sachs Group decreased their price objective on shares of Apollo Global Management from $169.00 to $134.00 and set a “buy” rating for the company in a report on Tuesday, April 7th. Evercore reiterated an “outperform” rating on shares of Apollo Global Management in a report on Tuesday, April 21st. Finally, Royal Bank Of Canada increased their price objective on shares of Apollo Global Management from $139.00 to $146.00 and gave the company a “sector perform” rating in a report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $150.75.

Key Headlines Impacting Apollo Global Management

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

• Positive Sentiment: Apollo announced that its funds will acquire Emerald Holding and Questex, combining two live-events businesses into a larger North American B2B events platform. Investors may view this as a strategic expansion that could create long-term growth opportunities. Article Title
• Neutral Sentiment: Apollo is reportedly in talks to sell its $3 billion private credit fund, MidCap Financial Investment, through its public BDC. The move could be seen as portfolio management, but details are still developing. Article Title
• Negative Sentiment: The reported fund sale is also being interpreted as a sign of stress in private credit markets, with investors worried about weaker loan performance and rising defaults. That broader caution is weighing on sentiment toward Apollo and other alternative asset managers. Article Title

Apollo Global Management Stock Down 2.2%

APO stock opened at $130.28 on Tuesday. Apollo Global Management Inc. has a 12 month low of $99.56 and a 12 month high of $157.28. The firm has a market cap of $75.33 billion, a PE ratio of 82.98, a P/E/G ratio of 1.11 and a beta of 1.52. The firm has a 50 day simple moving average of $114.38 and a 200 day simple moving average of $127.50. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.73 and a quick ratio of 1.73.

Apollo Global Management (NYSE:APO) last released its earnings results on Wednesday, May 6th. The financial services provider reported $1.94 EPS for the quarter, beating 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 business had revenue of $5.06 billion during the quarter, compared to analyst estimates of $5.19 billion. During the same period in the prior year, the business earned $1.82 earnings per share. The business’s quarterly revenue was down 8.8% on a year-over-year basis. Equities research analysts forecast that Apollo Global Management Inc. will post 8.36 earnings per share for the current fiscal year.

Apollo Global Management Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 29th. Investors of record on Tuesday, May 19th will be paid a dividend of $0.5625 per share. This is a boost from Apollo Global Management’s previous quarterly dividend of $0.51. This represents a $2.25 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend is Tuesday, May 19th. Apollo Global Management’s dividend payout ratio (DPR) is currently 129.94%.

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.