Pinnacle Associates Ltd. Boosts Stock Position in Apollo Global Management Inc. $APO

Pinnacle Associates Ltd. increased its position in shares of Apollo Global Management Inc. (NYSE:APO) by 311.5% during the 3rd quarter, Holdings Channel.com reports. The fund owned 10,214 shares of the financial services provider’s stock after acquiring an additional 7,732 shares during the period. Pinnacle Associates Ltd.’s holdings in Apollo Global Management were worth $1,361,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of APO. Delos Wealth Advisors LLC purchased a new stake in Apollo Global Management during the second quarter worth about $25,000. Atlantic Union Bankshares Corp boosted its stake 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 purchasing an additional 99 shares during the period. SJS Investment Consulting Inc. grew its holdings in shares of Apollo Global Management by 1,123.5% in the third quarter. SJS Investment Consulting Inc. now owns 208 shares of the financial services provider’s stock valued at $28,000 after purchasing an additional 191 shares in the last quarter. Nemes Rush Group LLC acquired a new position in shares of Apollo Global Management in the second quarter valued at approximately $30,000. Finally, Sound Income Strategies LLC purchased a new stake in Apollo Global Management during the 3rd quarter worth approximately $28,000. 77.06% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on APO shares. JPMorgan Chase & Co. reduced their target price on shares of Apollo Global Management from $164.00 to $162.00 and set an “overweight” rating on the stock in a report on Tuesday, February 10th. TD Cowen reaffirmed a “buy” rating on shares of Apollo Global Management in a research report on Thursday, February 12th. Argus upgraded Apollo Global Management to a “strong-buy” rating in a research note on Thursday, February 19th. Weiss Ratings reiterated a “hold (c)” rating on shares of Apollo Global Management in a report on Monday, December 29th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Apollo Global Management in a research note on Tuesday, February 10th. Two analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, Apollo Global Management presently has an average rating of “Moderate Buy” and a consensus target price of $159.47.

Apollo Global Management Trading Down 1.9%

NYSE APO opened at $106.08 on Thursday. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 0.33. Apollo Global Management Inc. has a 52 week low of $99.56 and a 52 week high of $157.28. The stock has a market capitalization of $61.34 billion, a PE ratio of 19.22, a price-to-earnings-growth ratio of 0.87 and a beta of 1.60. The firm has a 50 day moving average of $129.02 and a two-hundred day moving average of $132.40.

Apollo Global Management (NYSE:APO) last announced its quarterly earnings data on Monday, February 9th. The financial services provider reported $2.47 EPS for the quarter, beating analysts’ consensus estimates of $2.04 by $0.43. Apollo Global Management had a net margin of 10.90% and a return on equity of 15.25%. During the same period in the prior year, the firm posted $2.39 EPS. The business’s revenue was up .8% on a year-over-year basis. As a group, research analysts expect that Apollo Global Management Inc. will post 8 EPS for the current fiscal year.

Apollo Global Management Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Thursday, February 19th were issued a $0.51 dividend. This represents a $2.04 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend was Thursday, February 19th. Apollo Global Management’s dividend payout ratio is 36.96%.

Apollo Global Management News Roundup

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

• Positive Sentiment: Apollo‑managed funds provided $500 million of senior secured private placement financing to a unit of Adani Energy Solutions — a long‑dated, investment‑grade style deal that boosts Apollo’s private‑credit deployment, produces predictable fee and interest income, and highlights demand for its credit platform in EM markets. Read More.
• Positive Sentiment: Apollo plans to mark private‑credit holdings to market daily (per Bloomberg), a move aimed at addressing transparency and liquidity criticisms — this could reduce investor redemptions, tighten discounts on illiquid strategies, and make products more attractive to institutional and retail investors over time. Read More.
• Neutral Sentiment: Apollo is expanding product distribution in the U.K., launching its first long‑term asset fund (LTAF) targeted at defined‑contribution pensions — a strategic growth initiative that diversifies revenue but is early stage and unlikely to materially change near‑term results. Read More.
• Negative Sentiment: Multiple securities class‑action lawsuits have been filed after press reporting about previously undisclosed business ties to Jeffrey Epstein; plaintiffs allege disclosure failures. Litigation raises potential financial, governance and reputational risks that are the main driver of the recent share decline and increased volatility. Read More.
• Negative Sentiment: Analysts and outlets note APO has fallen sharply since its last earnings report (Zacks: ~18% drop since earnings), raising near‑term downside risk as investors reassess growth, fee visibility and legal overhangs. Read More.

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.