Capital Management Associates NY Has $669,000 Stake in Apollo Global Management Inc. $APO

Capital Management Associates NY decreased its holdings in Apollo Global Management Inc. (NYSE:APO) by 50.0% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 6,000 shares of the financial services provider’s stock after selling 6,000 shares during the quarter. Capital Management Associates NY’s holdings in Apollo Global Management were worth $669,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Vanguard Group Inc. grew its holdings in shares of Apollo Global Management by 0.7% during the fourth quarter. Vanguard Group Inc. now owns 47,760,608 shares of the financial services provider’s stock worth $6,913,826,000 after purchasing an additional 340,956 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Apollo Global Management by 2.0% in the fourth quarter. Geode Capital Management LLC now owns 10,198,837 shares of the financial services provider’s stock valued at $1,469,793,000 after buying an additional 200,312 shares during the last quarter. Northern Trust Corp lifted its position in Apollo Global Management by 1.4% during the 4th quarter. Northern Trust Corp now owns 4,448,618 shares of the financial services provider’s stock worth $643,982,000 after buying an additional 62,831 shares in the last quarter. Legal & General Group Plc lifted its position in Apollo Global Management by 4.5% during the 4th quarter. Legal & General Group Plc now owns 3,611,839 shares of the financial services provider’s stock worth $522,850,000 after buying an additional 155,857 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in Apollo Global Management by 3.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,288,100 shares of the financial services provider’s stock worth $475,985,000 after acquiring an additional 98,945 shares during the last quarter. Institutional investors and hedge funds own 77.06% of the company’s stock.

Insider Activity at Apollo Global Management

In related news, insider John P. Zito sold 48,644 shares of the firm’s stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $130.66, for a total transaction of $6,355,825.04. Following the sale, the insider owned 3,063,696 shares of the company’s stock, valued at approximately $400,302,519.36. This trade represents a 1.56% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 8.30% of the stock is currently owned by corporate insiders.

Key Stories Impacting Apollo Global Management

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

• Positive Sentiment: Apollo’s £5.7 billion cash bid for easyJet signals confidence in European airline assets and could create long-term upside if the deal closes and management can expand higher-margin ancillary businesses. EasyJet gets $9.9 billion offer from Apollo in possible bidding war
• Positive Sentiment: The easyJet transaction could reinforce Apollo’s reputation for deploying capital into dislocated markets, and some investors may view the move as evidence of strong deal-making capability. From turbulence to opportunity: Apollo’s EasyJet bid signals confidence in Europe’s carriers
• Neutral Sentiment: Analysts remain broadly constructive, but Royal Bank of Canada, BMO Capital Markets, and Piper Sandler all trimmed price targets, suggesting modestly softer expectations rather than a major change in long-term sentiment. Benzinga analyst note
• Neutral Sentiment: An article discussing Apollo’s economist warning about U.S. dollar risk from an AI investment slowdown is macro commentary and appears less directly relevant to near-term shares. Apollo economist warns of US dollar risk from AI investment slowdown
• Negative Sentiment: The easyJet bid introduces meaningful execution and regulatory risk, including potential foreign-ownership constraints and a tight deadline to finalize the offer, which can weigh on Apollo shares in the short term. EasyJet takeover battle intensifies after Apollo bid

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on APO shares. The Goldman Sachs Group lowered their price objective on shares of Apollo Global Management from $169.00 to $134.00 and set a “buy” rating for the company in a research report on Tuesday, April 7th. Weiss Ratings lowered shares of Apollo Global Management from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, May 11th. Evercore reissued an “outperform” rating on shares of Apollo Global Management in a research note on Tuesday, April 21st. Royal Bank Of Canada lowered their price target on shares of Apollo Global Management from $146.00 to $137.00 and set a “sector perform” rating for the company in a report on Monday. Finally, Wall Street Zen cut shares of Apollo Global Management from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $149.50.

Apollo Global Management Stock Performance

Shares of NYSE:APO opened at $118.82 on Tuesday. The firm’s 50 day simple moving average is $128.23 and its 200 day simple moving average is $125.65. Apollo Global Management Inc. has a fifty-two week low of $99.56 and a fifty-two week high of $157.28. The company has a market capitalization of $68.50 billion, a price-to-earnings ratio of 75.68, a P/E/G ratio of 1.08 and a beta of 1.50. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.73 and a quick ratio of 1.73.

Apollo Global Management (NYSE:APO) last issued 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 during the quarter, compared to the consensus estimate of $5.19 billion. Apollo Global Management had a net margin of 3.62% and a return on equity of 14.43%. The business’s quarterly revenue was down 8.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.82 earnings per share. As a group, sell-side analysts forecast that Apollo Global Management Inc. will post 8.25 earnings per share for the current year.

Apollo Global Management Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Tuesday, May 19th were given a $0.5625 dividend. The ex-dividend date was Tuesday, May 19th. This represents a $2.25 dividend on an annualized basis and a dividend yield of 1.9%. This is an increase from Apollo Global Management’s previous quarterly dividend of $0.51. Apollo Global Management’s dividend payout ratio is currently 143.31%.

Apollo Global Management 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.