Shares of Apollo Global Management Inc. (NYSE:APO – Get Free Report) have received an average recommendation of “Moderate Buy” from the seventeen brokerages that are currently covering the stock, Marketbeat reports. Four research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $152.1538.
Several brokerages recently commented on APO. Royal Bank Of Canada lifted their price target on shares of Apollo Global Management from $137.00 to $146.00 and gave the stock a “sector perform” rating in a research note on Wednesday, August 5th. Keefe, Bruyette & Woods raised Apollo Global Management to a “hold” rating in a report on Monday, July 20th. Piper Sandler cut their target price on Apollo Global Management from $157.00 to $156.00 and set an “overweight” rating on the stock in a research report on Monday, July 13th. TD Cowen reiterated a “buy” rating on shares of Apollo Global Management in a research report on Thursday, August 6th. Finally, Wall Street Zen raised Apollo Global Management from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 18th.
Get Our Latest Stock Analysis on Apollo Global Management
Insiders Place Their Bets
Institutional Trading of Apollo Global Management
Several institutional investors and hedge funds have recently bought and sold shares of the business. Legal & General Group Plc increased its position in Apollo Global Management by 4.5% in the 4th quarter. Legal & General Group Plc now owns 3,611,839 shares of the financial services provider’s stock valued at $522,850,000 after acquiring an additional 155,857 shares during the period. Louisiana State Employees Retirement System acquired a new stake in Apollo Global Management during the 1st quarter worth approximately $2,641,000. PNC Financial Services Group Inc. lifted its position in Apollo Global Management by 13.4% during the 4th quarter. PNC Financial Services Group Inc. now owns 67,512 shares of the financial services provider’s stock worth $9,773,000 after acquiring an additional 8,003 shares during the period. Hsbc Holdings PLC grew its stake in shares of Apollo Global Management by 7.1% in the 4th quarter. Hsbc Holdings PLC now owns 894,451 shares of the financial services provider’s stock valued at $129,786,000 after purchasing an additional 59,585 shares during the last quarter. Finally, Meiji Yasuda Asset Management Co Ltd. grew its stake in shares of Apollo Global Management by 1,137.6% in the 4th quarter. Meiji Yasuda Asset Management Co Ltd. now owns 24,355 shares of the financial services provider’s stock valued at $3,526,000 after purchasing an additional 22,387 shares during the last quarter. Hedge funds and other institutional investors own 77.06% of the company’s stock.
Apollo Global Management News Roundup
Here are the key news stories impacting Apollo Global Management this week:
- Positive Sentiment: Asset monetizations could support returns. Daiwa House plans to acquire a significant minority stake in Apollo funds’ Miller Homes, providing liquidity while retaining exposure to the UK homebuilder’s future growth. Apollo is also reportedly exploring a sale of floating-LNG operator Energos at a valuation above $3 billion. Such transactions could generate realized gains, fees and additional capital for redeployment. Daiwa House to Acquire a Significant Minority Stake in Miller Homes from Apollo Funds Apollo Considers Energos Infrastructure Sale
- Positive Sentiment: New financing activity expands Apollo’s investment footprint. Apollo-managed funds provided $1.25 billion to support the combination of BMG and Concord, receiving a minority interest in part of BMG’s music-rights portfolio. The transaction demonstrates Apollo’s ability to deploy large amounts of capital into alternative assets and potentially generate management and performance-related revenue. Apollo Provides $1.25 Billion Capital Solution to Support Combination of BMG and Concord
- Positive Sentiment: AI infrastructure could become a future lending pipeline. Reports say Apollo is investing in AI hardware and industrial-technology startups, including SiFive and Hadrian, with plans to provide financing as these companies scale. A potential Abu Dhabi investment in Apollo’s Atlas Air cargo unit could also validate demand for stakes in Apollo-managed assets. Apollo Backs AI Hardware Startups
- Neutral Sentiment: Unusually high options volume indicates elevated trading interest in APO, but options activity alone does not establish a clear directional signal. Apollo Global Management Sees Unusually Large Options Volume
- Negative Sentiment: SoftBank and AI credit exposure is attracting scrutiny. Apollo is reportedly considering increasing a loan to SoftBank’s Vision Fund II to as much as $9 billion from $5.4 billion to support OpenAI-related investment. The larger commitment could increase lending revenue, but it would also concentrate risk in a highly valued, capital-intensive AI ecosystem. Apollo has separately warned that hyperscalers’ rising AI spending may increase credit risk. SoftBank Wants More Firepower for OpenAI Bet Apollo Warns of Rising Credit Risk for Hyperscalers
Apollo Global Management Stock Performance
Shares of Apollo Global Management stock opened at $125.85 on Friday. The firm has a market capitalization of $74.32 billion, a P/E ratio of 46.10, a P/E/G ratio of 1.10 and a beta of 1.52. Apollo Global Management has a 52 week low of $99.56 and a 52 week high of $153.29. The company has a quick ratio of 1.70, a current ratio of 1.70 and a debt-to-equity ratio of 0.34. The firm’s 50 day moving average is $128.95 and its two-hundred day moving average is $123.92.
Apollo Global Management (NYSE:APO – Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The financial services provider reported $2.11 earnings per share for the quarter, missing the consensus estimate of $2.16 by ($0.05). The company had revenue of $5.57 billion for the quarter, compared to analysts’ expectations of $5.65 billion. Apollo Global Management had a return on equity of 14.01% and a net margin of 5.22%.During the same quarter in the prior year, the firm posted $1.92 EPS. Research analysts forecast that Apollo Global Management will post 8.08 EPS for the current fiscal year.
Apollo Global Management Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, August 31st. Shareholders of record on Wednesday, August 19th were paid a $0.5625 dividend. The ex-dividend date was Wednesday, August 19th. This represents a $2.25 dividend on an annualized basis and a yield of 1.8%. Apollo Global Management’s payout ratio is currently 82.42%.
About Apollo Global Management
Apollo Global Management, Inc (NYSE: APO) is a global alternative asset manager that provides investment management and retirement services. The company serves institutional investors, businesses and individual investors through a range of strategies focused on private equity, credit, real assets and other long-term investments.
Apollo’s asset-management business invests across industries and geographies, with activities that include corporate and structured credit, private equity, infrastructure, real estate and hybrid strategies.
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