California Public Employees Retirement System Increases Stake in Apollo Global Management Inc. $APO

California Public Employees Retirement System increased its holdings in Apollo Global Management Inc. (NYSE:APO) by 2.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 769,784 shares of the financial services provider’s stock after acquiring an additional 17,602 shares during the quarter. California Public Employees Retirement System owned approximately 0.13% of Apollo Global Management worth $102,589,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in APO. Delos Wealth Advisors LLC purchased a new position in Apollo Global Management during the second quarter valued at approximately $25,000. Atlantic Union Bankshares Corp lifted its holdings in Apollo Global Management by 99.0% during the third quarter. Atlantic Union Bankshares Corp now owns 199 shares of the financial services provider’s stock worth $27,000 after buying an additional 99 shares during the period. Sound Income Strategies LLC purchased a new stake in Apollo Global Management during the third quarter worth $28,000. SJS Investment Consulting Inc. boosted its position in Apollo Global Management by 1,123.5% during the 3rd quarter. SJS Investment Consulting Inc. now owns 208 shares of the financial services provider’s stock valued at $28,000 after acquiring an additional 191 shares in the last quarter. Finally, Nemes Rush Group LLC purchased a new position in shares of Apollo Global Management in the 2nd quarter valued at $30,000. Hedge funds and other institutional investors own 77.06% of the company’s stock.

Apollo Global Management Trading Down 0.9%

NYSE:APO opened at $103.53 on Tuesday. The company has a market capitalization of $59.87 billion, a P/E ratio of 18.76, a PEG ratio of 0.84 and a beta of 1.60. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 0.33. Apollo Global Management Inc. has a 12 month low of $99.56 and a 12 month high of $157.28. The firm has a fifty day simple moving average of $126.36 and a 200-day simple moving average of $131.69.

Apollo Global Management (NYSE:APO) last released its earnings results on Monday, February 9th. The financial services provider reported $2.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.04 by $0.43. Apollo Global Management had a return on equity of 15.25% and a net margin of 10.90%.The business’s revenue was up .8% compared to the same quarter last year. During the same period in the prior year, the business posted $2.39 EPS. On average, equities research analysts anticipate that Apollo Global Management Inc. will post 8 earnings per share for the current year.

Apollo Global Management Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Thursday, February 19th were issued a $0.51 dividend. The ex-dividend date of this dividend was Thursday, February 19th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 2.0%. Apollo Global Management’s dividend payout ratio is currently 36.96%.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. BMO Capital Markets set a $136.00 price objective on Apollo Global Management and gave the stock a “market perform” rating in a research note on Tuesday, November 25th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Apollo Global Management in a report on Tuesday, February 10th. The Goldman Sachs Group reissued a “buy” rating and set a $165.00 price target on shares of Apollo Global Management in a research report on Monday, February 9th. Wolfe Research restated an “outperform” rating on shares of Apollo Global Management in a report on Wednesday, January 7th. Finally, TD Cowen reaffirmed a “buy” rating on shares of Apollo Global Management in a research report on Thursday, February 12th. Two analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $159.47.

Key Stories Impacting Apollo Global Management

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

• Neutral Sentiment: Macro/market note — Apollo’s Torsten Slok warned the S&P 500 concentration could rise as the largest names take more weight, a broad-market observation that is neutral for APO specifically but frames investor risk in crowded markets. Article Title
• Negative Sentiment: Multiple securities class action notices and plaintiff-solicitation filings were issued today (Hagens Berman, Rosen, Faruqi & Faruqi, Schall, Levi & Korsinsky et al.), citing investigative reports about alleged undisclosed ties and claiming prior “no business” assurances were false — litigation risk and potential damages/settlement exposure are weighing on the stock. APO ALERT: Hagens Berman Investor Alert (GlobeNewswire)
• Negative Sentiment: Senior Apollo executive John Zito publicly said private-equity software valuations are “all wrong,” warning that lenders to smaller software companies might recover only 20–40 cents on the dollar — this raises concerns about write-down risk, mark-to-market pressure on portfolio valuations and potential earnings/fee impact. John Zito on software valuations
• Negative Sentiment: Options market activity is bearish — unusually large put buying occurred today (about 15,843 puts, ~40% above typical volume), indicating traders are positioning for further downside or hedging concentrated exposure. (Market data reported today.)

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.