Apollo Global Management Inc. $APO Shares Bought by Handelsbanken Fonder AB

Handelsbanken Fonder AB lifted its position in Apollo Global Management Inc. (NYSE:APO) by 6.2% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 179,563 shares of the financial services provider’s stock after buying an additional 10,533 shares during the period. Handelsbanken Fonder AB’s holdings in Apollo Global Management were worth $21,244,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Wealth Science Advisors LLC bought a new stake in Apollo Global Management in the second quarter worth about $459,000. Everpar Advisors LLC boosted its position in shares of Apollo Global Management by 62.4% during the 2nd quarter. Everpar Advisors LLC now owns 2,971 shares of the financial services provider’s stock valued at $351,000 after purchasing an additional 1,142 shares in the last quarter. Valeo Financial Advisors LLC acquired a new position in shares of Apollo Global Management in the 2nd quarter worth approximately $218,000. Invariant Investment Management grew its stake in shares of Apollo Global Management by 10.8% in the 2nd quarter. Invariant Investment Management now owns 5,972 shares of the financial services provider’s stock worth $730,000 after purchasing an additional 581 shares during the last quarter. Finally, Czech National Bank raised its holdings in shares of Apollo Global Management by 3.8% in the 2nd quarter. Czech National Bank now owns 131,279 shares of the financial services provider’s stock worth $15,532,000 after purchasing an additional 4,818 shares in the last quarter. Institutional investors and hedge funds own 77.06% of the company’s stock.

Apollo Global Management Stock Down 1.2%

APO stock opened at $138.58 on Thursday. Apollo Global Management Inc. has a 52-week low of $99.56 and a 52-week high of $153.29. The company’s 50 day simple moving average is $125.96 and its 200-day simple moving average is $122.57. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.70 and a quick ratio of 1.73. The firm has a market capitalization of $79.89 billion, a P/E ratio of 50.76, a P/E/G ratio of 1.26 and a beta of 1.51.

Apollo Global Management (NYSE:APO) last posted its quarterly earnings data 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). Apollo Global Management had a return on equity of 14.01% and a net margin of 5.22%.The firm had revenue of $5.57 billion during the quarter, compared to analyst estimates of $5.65 billion. During the same period in the prior year, the business posted $1.92 EPS. As a group, equities research analysts anticipate that Apollo Global Management Inc. will post 8.12 EPS for the current year.

Apollo Global Management Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 31st. Stockholders of record on Wednesday, August 19th will be given a $0.5625 dividend. This represents a $2.25 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend is Wednesday, August 19th. Apollo Global Management’s dividend payout ratio (DPR) is 82.42%.

Insider Buying and Selling at Apollo Global Management

In other news, insider John P. Zito sold 48,644 shares of Apollo Global Management 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 transaction, the insider 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 filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 8.30% of the company’s stock.

Apollo Global Management News Summary

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

• Positive Sentiment: Major Yankees financing deal expands Apollo’s sports platform. Apollo Sports Capital affiliates agreed to provide $2.6 billion in credit and equity financing to Yankee Global Enterprises, supporting franchise growth and debt refinancing. Apollo Sports Capital CEO Al Tylis is expected to join the Yankees’ board, highlighting a deeper strategic relationship and potentially strengthening Apollo’s sports-investment pipeline. Apollo Inks $2.6 Billion Financing Deal With NY Yankees
• Positive Sentiment: Apollo is participating in a potentially large AI infrastructure financing opportunity. NVIDIA is partnering with Apollo and other major investment firms on platforms intended to mobilize more than $500 billion in third-party capital for data centers, power and related infrastructure. The initiative could create substantial origination, asset-management and fee opportunities for Apollo if demand for AI infrastructure continues. Nvidia partners with Apollo, BlackRock, and others on $500B AI financing push
• Positive Sentiment: New continuation-vehicle activity supports Apollo’s private-markets strategy. Apollo’s S3-led transaction for Mountaintop Beverage is designed to return capital to existing investors while providing the company with funding for capacity expansion and acquisitions. Such deals can generate liquidity and fees while extending Apollo’s investment relationships. Monogram Capital Partners Closes Apollo S3-Led Continuation Vehicle for Mountaintop Beverage
• Neutral Sentiment: Athene disclosed a corporate-structure presentation in an SEC Regulation FD filing. The filing improves transparency around Apollo’s retirement-services subsidiary, but the available report does not identify a new transaction or material change to earnings expectations. Apollo Global Management’s Subsidiary Athene Holding Releases Corporate Structure Presentation
• Negative Sentiment: AI optimism carries execution and valuation risks. Apollo has warned that markets may be underestimating AI’s eventual impact on corporate earnings, while commentary around the $500 billion financing push highlights concerns about excessive AI investment and credit risk. These warnings could temper enthusiasm for Apollo’s AI-related opportunities.
• Negative Sentiment: Recent quarterly results modestly missed expectations. Apollo reported $2.11 in EPS versus the $2.16 consensus estimate and revenue of $5.57 billion versus $5.65 billion expected. With shares trading at an elevated earnings multiple, even small misses may increase investor sensitivity. Recent insider activity also consisted of sales rather than purchases.

Analysts Set New Price Targets

Several analysts recently commented on APO shares. Piper Sandler cut their target price on shares of Apollo Global Management from $157.00 to $156.00 and set an “overweight” rating for the company in a research note on Monday, July 13th. Morgan Stanley dropped their price target on Apollo Global Management from $165.00 to $164.00 and set an “overweight” rating on the stock in a report on Tuesday, July 21st. HSBC began coverage on Apollo Global Management in a research note on Monday, July 20th. They set a “buy” rating and a $145.00 price objective for the company. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Apollo Global Management in a report on Thursday, May 7th. Finally, Royal Bank Of Canada boosted their target price on Apollo Global Management from $137.00 to $146.00 and gave the stock a “sector perform” rating in a research report on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Apollo Global Management has a consensus rating of “Moderate Buy” and an average target price of $152.77.

Apollo Global Management Company 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.