12,791 Apollo Global Management Inc. $APO Shares Bought by Titan Investment Management LLC

Titan Investment Management LLC raised its position in Apollo Global Management Inc. (NYSE:APO) by 111.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,219 shares of the financial services provider’s stock after acquiring an additional 12,791 shares during the quarter. Apollo Global Management accounts for about 2.1% of Titan Investment Management LLC’s investment portfolio, making the stock its 16th largest holding. Titan Investment Management LLC’s holdings in Apollo Global Management were worth $2,811,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Apollo Global Management by 4.3% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,657,781 shares of the financial services provider’s stock worth $669,372,000 after buying an additional 234,517 shares during the period. Legal & General Group Plc acquired a new position in Apollo Global Management in the 2nd quarter worth $459,987,000. Bank of New York Mellon Corp boosted its position in Apollo Global Management by 7.0% in the 1st quarter. Bank of New York Mellon Corp now owns 2,901,110 shares of the financial services provider’s stock valued at $323,242,000 after buying an additional 188,668 shares during the last quarter. Temasek Holdings Private Ltd boosted its position in Apollo Global Management by 214.4% in the 1st quarter. Temasek Holdings Private Ltd now owns 2,368,162 shares of the financial services provider’s stock valued at $263,861,000 after buying an additional 1,614,813 shares during the last quarter. Finally, Curated Wealth Partners LLC boosted its position in Apollo Global Management by 91.8% in the 3rd quarter. Curated Wealth Partners LLC now owns 2,205,762 shares of the financial services provider’s stock valued at $255,887,000 after buying an additional 1,055,818 shares during the last quarter. 77.06% of the stock is currently owned by hedge funds and other institutional investors.

Key Apollo Global Management News

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

• Positive Sentiment: Apollo and UDR announced a roughly $2 billion strategic partnership focused on a multifamily real-estate portfolio. Apollo is expected to acquire a majority stake, expanding its real-estate platform and providing additional fee-generating assets. UDR, Apollo Form $2.0 Billion Strategic Partnership
• Positive Sentiment: Reports that Apollo and Blackstone are seeking approval to purchase minority stakes in NFL teams point to potential access to valuable sports assets and new alternative-investment opportunities. Any benefit remains dependent on regulatory approval and completed transactions. Apollo, Blackstone Have NFL Aspirations
• Positive Sentiment: Apollo’s appointment of cryptocurrency investor Micky Malka to its board, effective January 1, 2027, could strengthen the firm’s expertise and relationships in digital assets and emerging financial technologies. Apollo Announces Board Appointment
• Neutral Sentiment: Yankees owner Hal Steinbrenner said he has no plans to sell the team following Apollo’s deal, clarifying that the transaction does not currently signal a change in Yankees control. Hal Steinbrenner Has No Plans to Sell Yankees
• Neutral Sentiment: CEO Marc Rowan’s view that there is little “alpha” in public markets reinforces Apollo’s emphasis on private markets and alternative assets, but does not represent a new financial forecast. Why Apollo’s Marc Rowan Says There Is No Alpha in Public Markets
• Negative Sentiment: Piper Sandler lowered its price target for APO, signaling more cautious expectations for valuation or earnings despite the recent share-price strength. Apollo Stock Price Target Cut by Piper Sandler

Insider Buying and Selling

In other news, CFO Martin Kelly sold 3,000 shares of Apollo Global Management stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $140.84, for a total value of $422,520.00. Following the completion of the transaction, the chief financial officer owned 396,533 shares in the company, valued at approximately $55,847,707.72. This trade represents a 0.75% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 8.30% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several analysts have recently weighed in on APO shares. The Goldman Sachs Group lowered their target price on Apollo Global Management from $154.00 to $148.00 and set a “buy” rating for the company in a research note on Friday, October 2nd. Morgan Stanley cut their price target on Apollo Global Management from $165.00 to $164.00 and set an “overweight” rating on the stock in a research note on Tuesday, July 21st. Rothschild & Co Redburn boosted their price target on Apollo Global Management from $171.00 to $173.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. Barclays increased their price target on Apollo Global Management from $132.00 to $157.00 and gave the company an “overweight” rating in a report on Wednesday, August 5th. Finally, Keefe, Bruyette & Woods upgraded Apollo Global Management to a “hold” rating in a research note on Monday, July 20th. Fourteen investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $151.90.

Apollo Global Management Stock Performance

Shares of APO stock opened at $114.65 on Friday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.70 and a current ratio of 1.70. Apollo Global Management Inc. has a one year low of $99.56 and a one year high of $153.29. The company’s 50-day simple moving average is $124.66 and its 200-day simple moving average is $125.32. The stock has a market capitalization of $67.70 billion, a price-to-earnings ratio of 42.00, a PEG ratio of 1.03 and a beta of 1.58.

Apollo Global Management (NYSE:APO) last posted its quarterly earnings results on Tuesday, August 4th. The financial services provider reported $2.11 EPS for the quarter, missing analysts’ consensus estimates of $2.16 by ($0.05). The firm had revenue of $5.57 billion during the quarter, compared to analyst estimates 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 last year, the business posted $1.92 earnings per share. Equities analysts anticipate that Apollo Global Management Inc. will post 7.97 earnings per share for the current fiscal year.

Apollo Global Management Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, August 31st. Shareholders of record on Wednesday, August 19th were issued a dividend of $0.5625 per share. This represents a $2.25 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend was Wednesday, August 19th. Apollo Global Management’s dividend payout ratio (DPR) is currently 82.42%.

Apollo Global Management Company Profile

Apollo Global Management, Inc (NYSE:APO) is a global alternative asset manager that provides investment solutions to institutions, companies and individual investors. The firm manages strategies across private equity, credit, real assets, infrastructure, secondaries and other alternative investments.

Apollo invests across a range of industries and geographies, supporting companies through buyouts, growth investments, structured financing and other forms of private capital. Its credit business provides lending and fixed-income solutions, while its real assets and infrastructure strategies focus on areas such as energy, transportation, communications and other essential services.

The company was founded in 1990 by Leon Black, Josh Harris and Marc Rowan.