Argus upgraded shares of Apollo Global Management (NYSE:APO – Free Report) to a strong-buy rating in a research note released on Thursday,Zacks.com reports.
Other equities analysts have also issued reports about the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Apollo Global Management in a research note on Tuesday, February 10th. TD Cowen reissued a “buy” rating on shares of Apollo Global Management in a report on Thursday, February 12th. Wolfe Research reiterated an “outperform” rating on shares of Apollo Global Management in a research report on Wednesday, January 7th. Barclays reduced their target price on shares of Apollo Global Management from $168.00 to $158.00 and set an “overweight” rating on the stock in a report on Tuesday, February 10th. Finally, UBS Group lowered their price target on shares of Apollo Global Management from $186.00 to $182.00 and set a “buy” rating for the company in a report on Tuesday, January 13th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, Apollo Global Management currently has an average rating of “Buy” and an average price target of $162.64.
Get Our Latest Analysis on APO
Apollo Global Management Price Performance
Apollo Global Management (NYSE:APO – Get Free Report) last posted its earnings results on Monday, February 9th. The financial services provider reported $2.47 earnings per share for the quarter, beating 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 company had revenue of $9.86 billion during the quarter, compared to analysts’ expectations of $1.19 billion. During the same period last year, the company posted $2.39 earnings per share. Apollo Global Management’s quarterly revenue was up .8% on a year-over-year basis. On average, equities analysts anticipate that Apollo Global Management will post 8 EPS for the current fiscal year.
Apollo Global Management Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Thursday, February 19th will be paid a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend is Thursday, February 19th. Apollo Global Management’s dividend payout ratio (DPR) is currently 36.96%.
Insider Buying and Selling
In other Apollo Global Management news, CFO Martin Kelly sold 6,000 shares of the stock in a transaction on Monday, December 1st. The stock was sold at an average price of $131.41, for a total value of $788,460.00. Following the sale, the chief financial officer owned 325,604 shares in the company, valued at $42,787,621.64. This trade represents a 1.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 8.20% of the stock is owned by company insiders.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in the stock. Chesapeake Asset Management LLC grew its holdings in Apollo Global Management by 3.6% in the 4th quarter. Chesapeake Asset Management LLC now owns 2,065 shares of the financial services provider’s stock worth $299,000 after buying an additional 72 shares in the last quarter. Fortress Financial Solutions LLC raised its stake in Apollo Global Management by 1.6% during the 2nd quarter. Fortress Financial Solutions LLC now owns 4,561 shares of the financial services provider’s stock valued at $647,000 after acquiring an additional 74 shares in the last quarter. Cary Street Partners Investment Advisory LLC boosted its position in Apollo Global Management by 44.0% during the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 252 shares of the financial services provider’s stock worth $36,000 after acquiring an additional 77 shares during the period. Linden Thomas Advisory Services LLC grew its stake in shares of Apollo Global Management by 1.4% in the third quarter. Linden Thomas Advisory Services LLC now owns 5,553 shares of the financial services provider’s stock worth $740,000 after purchasing an additional 78 shares in the last quarter. Finally, Mitchell & Pahl Private Wealth LLC increased its holdings in shares of Apollo Global Management by 0.8% during the fourth quarter. Mitchell & Pahl Private Wealth LLC now owns 9,553 shares of the financial services provider’s stock valued at $1,383,000 after purchasing an additional 80 shares during the period. Hedge funds and other institutional investors own 77.06% of the company’s stock.
Apollo Global Management News Roundup
Here are the key news stories impacting Apollo Global Management this week:
- Positive Sentiment: Argus upgraded APO to a “strong-buy” — analyst optimism and an upgraded rating can boost investor demand and reduce near‑term selling pressure. Analyst Upgrade
- Positive Sentiment: Apollo’s funds provided $1.0 billion of subordinated hybrid capital to Aldar Properties (UAE) — the firm says this is its fifth Aldar deal and brings total commitments to about $2.9 billion, supporting fee-generating deployments and strengthening Apollo’s MENA franchise. Apollo Provides $1 Billion Hybrid Capital Solution to Aldar
- Neutral Sentiment: Apollo published market research noting U.S. stocks are roughly 40% more expensive than international stocks — useful macro positioning commentary but not an immediate earnings driver for APO itself. How Much Cheaper Are International Stocks Than U.S. Stocks?
- Neutral Sentiment: Apollo sent a client/partner letter and publicly stated CEO Marc Rowan had no personal or business relationship with Jeffrey Epstein — these outreach efforts aim to reassure clients and limit fallout from recent reporting. Reuters: Apollo says CEO Rowan had no business or personal relationship with Epstein
- Negative Sentiment: Pomerantz LLP is investigating potential claims on behalf of Apollo investors — a formal probe or litigation could create legal costs, distractions and reputational risk. Pomerantz investor alert
- Negative Sentiment: Renewed Epstein‑related scrutiny — including requests from teacher unions for an SEC probe — has already pressured the stock (earlier slide) and raises governance/disclosure risk that could affect client relationships and valuations if investigations escalate. QuiverQuant: renewed scrutiny and stock slide
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.
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