Pictet Asset Management Holding SA raised its holdings in shares of Apollo Global Management Inc. (NYSE:APO – Free Report) by 2.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 197,829 shares of the financial services provider’s stock after buying an additional 4,833 shares during the period. Pictet Asset Management Holding SA’s holdings in Apollo Global Management were worth $28,638,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Atlantic Union Bankshares Corp lifted its stake in shares of Apollo Global Management by 99.0% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 199 shares of the financial services provider’s stock valued at $27,000 after acquiring an additional 99 shares during the last quarter. SJS Investment Consulting Inc. grew 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 worth $28,000 after acquiring an additional 191 shares during the last quarter. Physician Wealth Advisors Inc. increased its stake in Apollo Global Management by 57.8% in the 4th quarter. Physician Wealth Advisors Inc. now owns 262 shares of the financial services provider’s stock worth $38,000 after purchasing an additional 96 shares during the period. City Holding Co. increased its stake in Apollo Global Management by 391.9% in the 4th quarter. City Holding Co. now owns 305 shares of the financial services provider’s stock worth $44,000 after purchasing an additional 243 shares during the period. Finally, CX Institutional bought a new stake in Apollo Global Management in the third quarter valued at approximately $48,000. 77.06% of the stock is owned by institutional investors.
More Apollo Global Management News
Here are the key news stories impacting Apollo Global Management this week:
- Positive Sentiment: Apollo‑owned auto supplier Tenneco is reported to be preparing for an IPO, which could create a near‑term liquidity event and potential mark‑to‑market upside for Apollo’s private‑equity portfolio. Apollo-Owned Auto Supplier Tenneco Is Said to Prepare for IPO
- Positive Sentiment: Sources say Apollo is among bidders (with Blackstone and KKR) for Shell’s stake in LNG Canada — a potential large infrastructure deal that could expand Apollo’s energy portfolio and fee‑earning opportunities. Exclusive – Apollo, Blackstone and KKR vie for Shell stake in LNG Canada, sources say
- Neutral Sentiment: Analyst coverage and earnings previews are mixed ahead of Apollo’s next report; some models show earnings growth expectations but little consensus on a clear upside catalyst. Watch upcoming guidance/earnings for a clearer direction. Apollo Global Management Inc. (APO) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release
- Neutral Sentiment: Apollo’s chief economist published bullish views on AI and a potential job‑market boom, a thematic positive for macro outlook but unlikely to change near‑term fundamentals for APO stock immediately. Apollo’s top economist says AI is about to spark a job-market boom
- Negative Sentiment: A shareholder filed suit alleging Apollo downplayed ties to Jeffrey Epstein; that Bloomberg Law report increases legal risk and reputational pressure for the firm. Such litigation can raise uncertainty, potential legal costs, and governance scrutiny. Apollo Investor Sues Over Alleged Downplaying of Epstein Ties
- Negative Sentiment: Multiple law firms (Rosen, Faruqi & Faruqi, Schall, Kahn Swick & Foti, Levi & Korsinsky, etc.) have issued notices about a securities‑class action and a May 1 lead‑plaintiff deadline — increasing the likelihood of coordinated litigation and shareholder claims. These repeated filings/solicitations are keeping legal risk top of mind for investors. APOLLO DEADLINE: ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Apollo Global Management, Inc. Investors to Secure Counsel Before Important May 1 Deadline in Securities Class Action
- Negative Sentiment: A price‑target cut on Apollo’s corporate bond (APOS) signals weaker sentiment in the credit market for some of Apollo’s debt instruments — a note for fixed‑income and risk‑sensitive investors. Apollo Global Management, Inc. – Corporate Bond (APOS) price target decreased by 16.69% to 29.44
Apollo Global Management Stock Performance
Apollo Global Management (NYSE:APO – Get Free Report) last issued its quarterly earnings data on Monday, February 9th. The financial services provider reported $2.47 EPS for the quarter, topping 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 business had revenue of $9.86 billion during the quarter, compared to analyst estimates of $1.19 billion. During the same period in the prior year, the business earned $2.39 EPS. The company’s revenue for the quarter was up .8% on a year-over-year basis. As a group, research analysts predict that Apollo Global Management Inc. will post 8.44 EPS for the current year.
Apollo Global Management Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Thursday, February 19th were paid a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend was Thursday, February 19th. Apollo Global Management’s dividend payout ratio is presently 36.96%.
Wall Street Analysts Forecast Growth
Several research analysts have recently issued reports on the stock. Royal Bank Of Canada started coverage on shares of Apollo Global Management in a report on Monday, February 23rd. They issued a “sector perform” rating and a $142.00 target price on the stock. Barclays lowered their price target on shares of Apollo Global Management from $131.00 to $125.00 and set an “overweight” rating for the company in a report on Wednesday, April 8th. The Goldman Sachs Group cut their price target on shares of Apollo Global Management from $169.00 to $134.00 and set a “buy” rating on the stock in a report on Tuesday, April 7th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Apollo Global Management in a research report on Tuesday, February 10th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Apollo Global Management from $164.00 to $162.00 and set an “overweight” rating for the company in a research note on Tuesday, February 10th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $149.42.
Read Our Latest Report on Apollo Global Management
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.
Further Reading
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