Levin Capital Strategies L.P. Sells 33,658 Shares of Apollo Global Management Inc. $APO

Levin Capital Strategies L.P. trimmed its position in Apollo Global Management Inc. (NYSE:APO) by 50.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 33,414 shares of the financial services provider’s stock after selling 33,658 shares during the quarter. Levin Capital Strategies L.P.’s holdings in Apollo Global Management were worth $4,837,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Atlantic Union Bankshares Corp raised its holdings 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 purchasing an additional 99 shares during the period. SJS Investment Consulting Inc. raised its holdings in shares of Apollo Global Management by 1,123.5% in the 3rd quarter. SJS Investment Consulting Inc. now owns 208 shares of the financial services provider’s stock valued at $28,000 after purchasing an additional 191 shares during the period. Kohmann Bosshard Financial Services LLC bought a new stake in shares of Apollo Global Management in the 4th quarter valued at about $29,000. Physician Wealth Advisors Inc. raised its holdings in shares of 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 valued at $38,000 after purchasing an additional 96 shares during the period. Finally, City Holding Co. raised its holdings in shares of Apollo Global Management by 391.9% in the 4th quarter. City Holding Co. now owns 305 shares of the financial services provider’s stock valued at $44,000 after purchasing an additional 243 shares during the period. 77.06% of the stock is owned by institutional investors.

Apollo Global Management News Summary

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

• Positive Sentiment: Apollo is reported to be one of several private-equity bidders (alongside Blackstone and KKR) for Shell’s stake in the LNG Canada project — a win could boost Apollo’s fee-bearing AUM and long-term earnings potential. Apollo, Blackstone and KKR in race for Shell’s LNG Canada stake: Reuters
• Neutral Sentiment: Apollo’s chief economist warned that AI could spark a job-market boom — a macro call that could influence Apollo’s strategic positioning and fundraising themes but has no immediate earnings impact. Apollo’s top economist says AI is about to spark a job-market boom
• Neutral Sentiment: A Zacks preview flags that Apollo may lack the right setup for an earnings beat in its upcoming report — a reminder to expect conservative near-term guidance risk. Apollo Global Management Inc. (APO) Earnings Expected to Grow
• Negative Sentiment: Numerous law firms issued lead-plaintiff reminders ahead of a May 1 deadline for a securities-class-action covering purchases from May 10, 2021 to Feb 21, 2026 — concentrated legal advertising suggests active litigation risk, potential damages and management distraction that typically pressure financial stocks. (Multiple notices from Rosen, Faruqi, Glancy, KSF, Hagens Berman, Pomerantz, Bronstein, Levi & Korsinsky, Portnoy, Gross Law Firm). APOLLO DEADLINE: ROSEN…
• Negative Sentiment: Price target on Apollo’s corporate bond (APOS) was cut sharply (~16.7% to 29.44), signaling investor concern about credit spreads or recovery assumptions for that security — a negative for perceived credit strength. Apollo Global Management, Inc. – Corporate Bond (APOS) price target decreased
• Negative Sentiment: Opinion pieces/analysis (e.g., Seeking Alpha) flag a tougher Q1 and downgrade narratives — these bearish takes can amplify near-term selling pressure ahead of the earnings release. Apollo Global: I’m Downgrading To Buy Ahead Of A Tougher Q1

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the stock. Piper Sandler decreased their price target on shares of Apollo Global Management from $165.00 to $146.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 7th. Royal Bank Of Canada assumed coverage on shares of Apollo Global Management in a research note on Monday, February 23rd. They issued a “sector perform” rating and a $142.00 price target on the stock. The Goldman Sachs Group decreased 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 research note on Tuesday, April 7th. BMO Capital Markets decreased their price target on shares of Apollo Global Management from $135.00 to $116.00 and set a “market perform” rating on the stock in a research note on Tuesday, March 24th. Finally, Morgan Stanley decreased their price target on shares of Apollo Global Management from $181.00 to $165.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 21st. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $149.42.

Apollo Global Management Stock Performance

Shares of NYSE:APO opened at $122.14 on Thursday. The company’s 50 day moving average price is $112.73 and its two-hundred day moving average price is $127.25. Apollo Global Management Inc. has a 12-month low of $99.56 and a 12-month high of $157.28. The firm has a market cap of $70.63 billion, a PE ratio of 22.13, a PEG ratio of 1.10 and a beta of 1.56. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 0.33.

Apollo Global Management (NYSE:APO) last announced its earnings results on Monday, February 9th. The financial services provider reported $2.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $9.86 billion for the quarter, compared to analyst estimates of $1.19 billion. During the same quarter in the prior year, the business posted $2.39 EPS. The business’s revenue was up .8% compared to the same quarter last year. Equities research analysts predict that Apollo Global Management Inc. will post 8.44 earnings per share for the current year.

Apollo Global Management Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Thursday, February 19th were given a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date was Thursday, February 19th. Apollo Global Management’s dividend payout ratio is presently 36.96%.

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.