Apollo Global Management Inc. (NYSE:APO) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Apollo Global Management Inc. (NYSE:APO) have received an average recommendation of “Moderate Buy” from the seventeen analysts that are presently covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a hold recommendation, thirteen have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year target price among analysts that have covered the stock in the last year is $151.2308.

APO has been the topic of several research analyst reports. BMO Capital Markets lowered their target price on shares of Apollo Global Management from $135.00 to $116.00 and set a “market perform” rating on the stock in a research note on Tuesday, March 24th. Royal Bank Of Canada raised their target price on shares of Apollo Global Management from $139.00 to $146.00 and gave the company a “sector perform” rating in a research note on Thursday, May 7th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Apollo Global Management in a research note on Thursday, May 7th. Barclays raised their target price on shares of Apollo Global Management from $125.00 to $131.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. Finally, TD Cowen lowered their target price on shares of Apollo Global Management from $155.00 to $146.00 and set a “buy” rating on the stock in a research note on Monday, May 18th.

Key Stories Impacting Apollo Global Management

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

• Positive Sentiment: Apollo said it is helping lead a $35 billion capital solution for Broadcom’s new AI XPV Platform alongside Blackstone and major banks, a large financing deal that highlights Apollo’s ability to deploy capital into fast-growing AI infrastructure. Apollo Leads $35 Billion Capital Solution for Broadcom AI XPV Platform in Partnership with Blackstone and Leading Global Banks
• Positive Sentiment: Reuters reported Apollo and Blackstone are backing Anthropic’s $35 billion capacity expansion tied to Broadcom technology, reinforcing Apollo’s role as a major private-credit provider to AI infrastructure buildouts. Apollo, Blackstone back Anthropic’s $35 billion capacity expansion in new Broadcom tie-up
• Positive Sentiment: Shareholders backed Apollo’s board, executive compensation, and auditor at the annual meeting, signaling strong investor support and lowering governance uncertainty. Apollo Shareholders Back Board, Executive Pay and Auditor
• Neutral Sentiment: Reports said Apollo and Britain’s Bodycote ended takeover talks over a proposed £1.52 billion deal, which removes a potential acquisition catalyst but does not appear to be a major near-term driver for the stock. Apollo Global (APO) and Britain’s Bodycote End Talks Over a £1.52 Billion Takeover Proposal, Reuters Reports
• Neutral Sentiment: Apollo’s commentary that AI benefits remain concentrated in the Magnificent Seven is more of a macro outlook than a direct earnings driver for APO. AI benefits are still concentrated in the Magnificent Seven, Apollo says

Insider Buying and Selling

In other Apollo Global Management news, insider John P. Zito sold 48,644 shares of the business’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 sale, the insider directly owned 3,063,696 shares in the company, valued at approximately $400,302,519.36. The trade was a 1.56% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 8.30% of the company’s stock.

Institutional Investors Weigh In On Apollo Global Management

Hedge funds and other institutional investors have recently bought and sold shares of the business. Kohmann Bosshard Financial Services LLC bought a new stake in Apollo Global Management in the fourth quarter worth about $29,000. Osbon Capital Management LLC bought a new stake in Apollo Global Management in the fourth quarter worth about $36,000. Steigerwald Gordon & Koch Inc. raised its position in Apollo Global Management by 484.1% in the first quarter. Steigerwald Gordon & Koch Inc. now owns 257 shares of the financial services provider’s stock worth $29,000 after acquiring an additional 213 shares in the last quarter. MBM Wealth Consultants LLC bought a new stake in Apollo Global Management in the first quarter worth about $29,000. Finally, Physician Wealth Advisors Inc. raised its position in Apollo Global Management by 57.8% in the fourth quarter. Physician Wealth Advisors Inc. now owns 262 shares of the financial services provider’s stock worth $38,000 after acquiring an additional 96 shares in the last quarter. 77.06% of the stock is currently owned by institutional investors.

Apollo Global Management Stock Up 4.0%

Apollo Global Management stock opened at $132.63 on Wednesday. The stock has a market cap of $76.46 billion, a price-to-earnings ratio of 84.48, a PEG ratio of 1.10 and a beta of 1.50. The company has a current ratio of 1.73, a quick ratio of 1.73 and a debt-to-equity ratio of 0.45. The company’s 50-day moving average price is $123.65 and its two-hundred day moving average price is $127.88. Apollo Global Management has a 52 week low of $99.56 and a 52 week high of $157.28.

Apollo Global Management (NYSE:APO) last released its earnings results on Wednesday, May 6th. The financial services provider reported $1.94 EPS for the quarter, beating the consensus estimate of $1.89 by $0.05. The firm had revenue of $5.06 billion for the quarter, compared to analysts’ expectations of $5.19 billion. Apollo Global Management had a net margin of 3.62% and a return on equity of 14.43%. Apollo Global Management’s quarterly revenue was down 8.8% on a year-over-year basis. During the same quarter last year, the company earned $1.82 EPS. On average, analysts expect that Apollo Global Management will post 8.28 EPS for the current fiscal year.

Apollo Global Management Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Tuesday, May 19th were given a $0.5625 dividend. This represents a $2.25 annualized dividend and a yield of 1.7%. This is a boost from Apollo Global Management’s previous quarterly dividend of $0.51. The ex-dividend date was Tuesday, May 19th. Apollo Global Management’s dividend payout ratio (DPR) is presently 143.31%.

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.