Empirical Financial Services LLC d.b.a. Empirical Wealth Management Decreases Stock Holdings in Apollo Global Management Inc. $APO

Empirical Financial Services LLC d.b.a. Empirical Wealth Management lowered its holdings in Apollo Global Management Inc. (NYSE:APO) by 68.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,812 shares of the financial services provider’s stock after selling 5,980 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in Apollo Global Management were worth $407,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in APO. Vanguard Group Inc. boosted its position in Apollo Global Management by 3.0% during the 3rd quarter. Vanguard Group Inc. now owns 47,419,652 shares of the financial services provider’s stock worth $6,319,617,000 after purchasing an additional 1,377,545 shares during the period. Northern Trust Corp raised its position in Apollo Global Management by 7.3% in the third quarter. Northern Trust Corp now owns 4,385,787 shares of the financial services provider’s stock valued at $584,494,000 after purchasing an additional 299,698 shares during the period. Legal & General Group Plc raised its position in Apollo Global Management by 5.7% in the third quarter. Legal & General Group Plc now owns 3,455,982 shares of the financial services provider’s stock valued at $460,579,000 after purchasing an additional 186,292 shares during the period. Bank of New York Mellon Corp lifted its stake in shares of Apollo Global Management by 2.0% during the third quarter. Bank of New York Mellon Corp now owns 2,451,537 shares of the financial services provider’s stock worth $326,716,000 after purchasing an additional 48,053 shares in the last quarter. Finally, Bessemer Group Inc. lifted its stake in shares of Apollo Global Management by 31.1% during the third quarter. Bessemer Group Inc. now owns 1,617,228 shares of the financial services provider’s stock worth $215,530,000 after purchasing an additional 383,198 shares in the last quarter. Hedge funds and other institutional investors own 77.06% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the company. Argus upgraded Apollo Global Management to a “strong-buy” rating in a research note on Thursday, February 19th. Morgan Stanley boosted their price target on Apollo Global Management from $180.00 to $181.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 10th. JPMorgan Chase & Co. decreased their price target on Apollo Global Management from $164.00 to $162.00 and set an “overweight” rating for the company in a report on Tuesday, February 10th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Apollo Global Management in a research report on Tuesday, February 10th. Finally, The Goldman Sachs Group reiterated a “buy” rating and set a $165.00 price objective on shares of Apollo Global Management in a research note on Monday, February 9th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $155.86.

More Apollo Global Management News

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

• Positive Sentiment: A large near-term liquidity event — Intel agreed to repurchase Apollo’s 49% stake in the Irish Fab 34 JV for about $14.2 billion, which should generate substantial cash proceeds and potential realized gains for Apollo and could support buybacks/distributions or debt reduction. Intel chip-factory buyback brings Apollo a payday
• Neutral Sentiment: Corporate development activity — Apollo is reported to be exploring a second headquarters in Texas and is circling a potential ~$10B acquisition (Atlantic Aviation), signaling long-term growth/expansion plans but with execution and integration risk. Apollo shortlists Texas for second HQ
• Neutral Sentiment: Management commentary on private credit — Apollo executives (President Jim Zelter and others) are publicly defending private credit as a discipline, calling current stress “growing pains”; this helps calm markets but doesn’t yet resolve redemption/liquidity concerns. Apollo president defends private credit
• Negative Sentiment: Multiple securities‑class actions filed and numerous law firms (Rosen, Hagens Berman, Pomerantz, Faruqi, Schall, etc.) are soliciting lead‑plaintiff candidates with a May 1, 2026 deadline, citing revelations tied to investigative “Epstein Files” reporting — this elevates legal and reputational risk and could lead to material litigation costs or settlements. Hagens Berman class action alert
• Negative Sentiment: Company provided a Q1 alternative net investment income estimate that prompted downward reaction in shares — investors are sensitive to near‑term cash‑flow guidance for fee-related earnings and distributable income. Q1 alternative net investment income estimate

Apollo Global Management Stock Down 0.1%

Shares of NYSE APO opened at $106.93 on Monday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.31 and a current ratio of 1.31. Apollo Global Management Inc. has a 1 year low of $99.56 and a 1 year high of $157.28. The stock’s 50-day simple moving average is $117.00 and its 200-day simple moving average is $129.13. The firm has a market cap of $61.83 billion, a price-to-earnings ratio of 19.37, a PEG ratio of 0.86 and a beta of 1.56.

Apollo Global Management (NYSE:APO) last issued its quarterly earnings results 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 return on equity of 15.25% and a net margin of 10.90%.The firm had revenue of $9.86 billion during the quarter, compared to the consensus estimate of $1.19 billion. During the same quarter in the prior year, the business posted $2.39 earnings per share. Apollo Global Management’s revenue for the quarter was up .8% on a year-over-year basis. As a group, equities analysts anticipate that Apollo Global Management Inc. will post 8 earnings per share for the current fiscal year.

Apollo Global Management Announces Dividend

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

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.