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

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

A number of other research firms also recently issued reports on APO. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Apollo Global Management in a research note on Thursday, May 7th. Royal Bank Of Canada lifted their price objective on shares of Apollo Global Management from $137.00 to $146.00 and gave the stock a “sector perform” rating in a research note on Wednesday, August 5th. BMO Capital Markets reduced their target price on shares of Apollo Global Management from $140.00 to $126.00 and set a “market perform” rating on the stock in a report on Monday, July 13th. Morgan Stanley decreased their target price on shares of Apollo Global Management from $165.00 to $164.00 and set an “overweight” rating on the stock in a research report on Tuesday, July 21st. Finally, Evercore reaffirmed an “outperform” rating on shares of Apollo Global Management in a report on Tuesday, April 21st. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $152.77.

Apollo Global Management Stock Performance

NYSE:APO opened at $140.09 on Monday. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.70 and a quick ratio of 1.73. Apollo Global Management has a 1 year low of $99.56 and a 1 year high of $153.29. The stock’s 50 day simple moving average is $125.68 and its two-hundred day simple moving average is $122.58. The company has a market cap of $80.77 billion, a price-to-earnings ratio of 51.32, a PEG ratio of 1.18 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 the consensus estimate of $2.16 by ($0.05). Apollo Global Management had a return on equity of 14.01% and a net margin of 5.22%.The firm had revenue of $5.57 billion for the quarter, compared to analysts’ expectations of $5.65 billion. During the same period last year, the company earned $1.92 earnings per share. As a group, equities analysts anticipate that Apollo Global Management will post 8.12 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Apollo Global Management news, insider John P. Zito sold 48,644 shares of the firm’s stock in a transaction dated 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 owned 3,063,696 shares of the company’s stock, valued at $400,302,519.36. This trade represents a 1.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 8.30% of the stock is owned by company insiders.

Institutional Investors Weigh In On Apollo Global Management

Hedge funds and other institutional investors have recently modified their holdings of the business. Sunbelt Securities Inc. lifted its position in shares of Apollo Global Management by 16.9% during the third quarter. Sunbelt Securities Inc. now owns 566 shares of the financial services provider’s stock worth $75,000 after purchasing an additional 82 shares in the last quarter. United Advisor Group LLC grew its holdings in Apollo Global Management by 4.7% during the 4th quarter. United Advisor Group LLC now owns 1,948 shares of the financial services provider’s stock valued at $282,000 after purchasing an additional 87 shares in the last quarter. Broadway Wealth Solutions Inc. increased its stake in Apollo Global Management by 3.8% during the 4th quarter. Broadway Wealth Solutions Inc. now owns 2,388 shares of the financial services provider’s stock worth $346,000 after buying an additional 87 shares during the period. First Horizon Corp increased its stake in Apollo Global Management by 8.1% during the 4th quarter. First Horizon Corp now owns 1,228 shares of the financial services provider’s stock worth $178,000 after buying an additional 92 shares during the period. Finally, Physician Wealth Advisors Inc. lifted its holdings in Apollo Global Management by 57.8% in the 4th quarter. Physician Wealth Advisors Inc. now owns 262 shares of the financial services provider’s stock worth $38,000 after buying an additional 96 shares in the last quarter. 77.06% of the stock is currently owned by hedge funds and other institutional investors.

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

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.