Apollo Global Management Inc. $APO Stock Position Raised by International Assets Investment Management LLC

International Assets Investment Management LLC boosted its position in shares of Apollo Global Management Inc. (NYSE:APO) by 3,378.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 121,188 shares of the financial services provider’s stock after acquiring an additional 117,704 shares during the period. Apollo Global Management accounts for about 0.2% of International Assets Investment Management LLC’s investment portfolio, making the stock its 25th largest position. International Assets Investment Management LLC’s holdings in Apollo Global Management were worth $14,065,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Apollo Global Management by 4.3% in the second 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 purchasing an additional 234,517 shares during the period. Legal & General Group Plc bought a new stake in shares of Apollo Global Management during the 2nd quarter valued at $459,987,000. Bank of New York Mellon Corp bought a new stake in shares of Apollo Global Management during the 2nd quarter valued at $336,644,000. Temasek Holdings Private Ltd raised its position in shares of Apollo Global Management by 214.4% during 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 purchasing an additional 1,614,813 shares during the period. Finally, Curated Wealth Partners LLC lifted its stake in shares of Apollo Global Management by 91.8% during 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 in the last quarter. Hedge funds and other institutional investors own 77.06% of the company’s stock.

Key Stories Impacting Apollo Global Management

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

• Positive Sentiment: JPMorgan Chase raised its price target on Apollo, offering a counterpoint to recent analyst reductions. The available report does not specify the new target. Article: Apollo Global Management Stock Gets Price Target Increase from JPMorgan Chase
• Positive Sentiment: UBS and Argus both maintained “buy” ratings despite lowering their targets: UBS cut its target from $163 to $160, while Argus reduced its target from $160 to $140. Their continued buy ratings indicate both firms still see potential upside from the referenced $116.78 share price. Read More. · Read More.
• Neutral Sentiment: Apollo and Goldman Sachs are reportedly seeking buyers for a roughly $40 billion SpaceX AI-chip financing deal. The potential transaction could create financing opportunities, but it remains a reported effort to place the deal, not a confirmed completed investment. Article: Goldman, Apollo in talks to sell SpaceX’s AI deal
• Neutral Sentiment: Nvidia is reportedly interested in Apollo’s struggling telecom sites as potential data-center locations. A sale or other deal could help monetize the assets, though no agreement was reported. Article: Nvidia Eyes Apollo’s Struggling Telecom Sites
• Negative Sentiment: RBC issued a pessimistic forecast, while Keefe, Bruyette & Woods and Barclays lowered their expectations for APO. Together with the Argus and UBS target cuts, the revisions point to more cautious analyst sentiment, even as some firms retain buy ratings. Read More. · Read More. · Read More.
• Negative Sentiment: A report highlighted a 6.7% one-session decline in Apollo shares, underscoring recent volatility; the article listing did not identify a specific cause for that drop. Article: Apollo Global Management Drops 6.7%

Insider Buying and Selling at Apollo Global Management

In other Apollo Global Management news, insider Whitney Chatterjee sold 7,339 shares of the business’s stock in a transaction on Wednesday, November 4th. The shares were sold at an average price of $117.83, for a total value of $864,754.37. Following the sale, the insider owned 129,151 shares in the company, valued at $15,217,862.33. The trade was a 5.38% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Martin Kelly sold 3,000 shares of the stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $140.84, for a total transaction of $422,520.00. Following the transaction, the chief financial officer directly owned 396,533 shares of the company’s stock, valued at $55,847,707.72. This trade represents a 0.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 8.30% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on APO. Barclays dropped 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 report on Wednesday. Piper Sandler reissued an “overweight” rating and set a $145.00 price target on shares of Apollo Global Management in a report on Wednesday. HSBC assumed coverage on Apollo Global Management in a report on Monday, July 20th. They set a “buy” rating and a $145.00 price target on the stock. TD Cowen lowered their price objective on Apollo Global Management from $154.00 to $136.00 and set a “buy” rating on the stock in a research report on Wednesday. Finally, Weiss Ratings raised Apollo Global Management from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, August 21st. Thirteen equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, Apollo Global Management presently has an average rating of “Moderate Buy” and a consensus target price of $145.68.

Apollo Global Management Price Performance

APO stock opened at $116.78 on Friday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.70 and a current ratio of 1.41. The company’s fifty day moving average price is $120.79 and its 200-day moving average price is $122.95. Apollo Global Management Inc. has a one year low of $99.56 and a one year high of $153.29. The company has a market capitalization of $68.96 billion, a PE ratio of -63.81, a price-to-earnings-growth ratio of 1.09 and a beta of 1.51.

Apollo Global Management Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, November 30th. Shareholders of record on Wednesday, November 18th will be issued a $0.5625 dividend. This represents a $2.25 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date is Wednesday, November 18th. Apollo Global Management’s payout ratio is currently -122.95%.

About Apollo Global Management

Apollo Global Management is a global alternative asset manager that provides investment management and retirement services. Its investment strategies span private equity, credit and real assets, including infrastructure, and it serves institutional and individual investors.

The company was founded in 1990 by Leon Black, Josh Harris and Marc Rowan. It has since expanded its investment businesses and retirement-services operations, including through Athene, its retirement services platform.

Apollo operates across global markets and is led by co-founder Marc Rowan, who serves as chief executive officer.