Legal & General Group Plc increased its stake in Apollo Global Management Inc. (NYSE:APO – Free Report) by 5.7% in the third quarter, Holdings Channel.com reports. The firm owned 3,455,982 shares of the financial services provider’s stock after purchasing an additional 186,292 shares during the quarter. Legal & General Group Plc’s holdings in Apollo Global Management were worth $460,579,000 as of its most recent SEC filing.
Several other hedge funds also recently made changes to their positions in APO. Vanguard Group Inc. increased its position in shares of Apollo Global Management by 3.0% in the third quarter. Vanguard Group Inc. now owns 47,419,652 shares of the financial services provider’s stock valued at $6,319,617,000 after acquiring an additional 1,377,545 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in Apollo Global Management by 1.2% during the second quarter. Charles Schwab Investment Management Inc. now owns 3,050,164 shares of the financial services provider’s stock worth $432,727,000 after purchasing an additional 36,866 shares during the period. Bank of New York Mellon Corp increased its holdings in shares of Apollo Global Management by 2.0% in the third quarter. Bank of New York Mellon Corp now owns 2,451,537 shares of the financial services provider’s stock valued at $326,716,000 after purchasing an additional 48,053 shares during the last quarter. Bessemer Group Inc. increased its holdings in shares of Apollo Global Management by 31.1% in the third quarter. Bessemer Group Inc. now owns 1,617,228 shares of the financial services provider’s stock valued at $215,530,000 after purchasing an additional 383,198 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its position in shares of Apollo Global Management by 2.5% in the third quarter. Dimensional Fund Advisors LP now owns 1,387,029 shares of the financial services provider’s stock valued at $184,930,000 after purchasing an additional 33,402 shares during the period. 77.06% of the stock is owned by institutional investors.
Apollo Global Management Trading Up 0.1%
APO opened at $108.23 on Wednesday. The stock has a market capitalization of $62.59 billion, a price-to-earnings ratio of 19.61, a P/E/G ratio of 0.87 and a beta of 1.61. 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 Inc. has a twelve month low of $99.56 and a twelve month high of $157.28. The company has a 50-day simple moving average of $129.79 and a 200 day simple moving average of $132.58.
Apollo Global Management Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Thursday, February 19th were given a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a dividend yield of 1.9%. The ex-dividend date was Thursday, February 19th. Apollo Global Management’s dividend payout ratio is currently 36.96%.
Analyst Upgrades and Downgrades
APO has been the subject of several research reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Apollo Global Management in a research report on Tuesday, February 10th. Barclays reduced their price target on Apollo Global Management from $158.00 to $131.00 and set an “overweight” rating for the company in a research note on Monday, March 2nd. Wolfe Research reiterated an “outperform” rating on shares of Apollo Global Management in a research report on Wednesday, January 7th. BMO Capital Markets set a $136.00 target price on Apollo Global Management and gave the stock a “market perform” rating in a report on Tuesday, November 25th. Finally, JPMorgan Chase & Co. reduced their target price on shares of Apollo Global Management from $164.00 to $162.00 and set an “overweight” rating for the company in a research report on Tuesday, February 10th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $159.47.
View Our Latest Report on Apollo Global Management
Key Apollo Global Management News
Here are the key news stories impacting Apollo Global Management this week:
- Positive Sentiment: Apollo agreed to sell a majority stake in TAKKION to Siris, trimming exposure to a capital‑intensive renewables technology investment and crystallizing value from that holding. Siris Agrees to Acquire a Majority Stake in TAKKION from Apollo Funds
- Positive Sentiment: Market coverage frames the TAKKION exit as resetting Apollo’s renewable exposure and supporting the thesis that shares were undervalued by that overhang, a narrative that can bolster investor sentiment. Apollo TAKKION Exit Resets Renewable Exposure And Undervalued Share Story
- Positive Sentiment: Apollo is launching its first long‑term asset fund in the U.K. (CG Apollo Global Diversified Credit LTAF) aimed at defined‑contribution pension schemes — a product that can create recurring management and performance fee streams and expand the firm’s distribution. Apollo to Launch First Long-Term Asset Fund in the UK
- Positive Sentiment: Apollo is set to complete its acquisition of a stake in Atlético Madrid this week — a strategic sports/marketing asset that can diversify fee‑earning and alternative investment exposures. Apollo to complete Atletico Madrid stake acquisition this week
- Neutral Sentiment: Industry hire: Bloomberg reports Irenic has hired Apollo’s Wang as it builds private‑equity capabilities for a hedge fund — a personnel move that signals Apollo talent is sought after but doesn’t materially affect Apollo’s near‑term fundamentals. Irenic Hires Apollo’s Wang in Private Equity Push for Hedge Fund
- Negative Sentiment: Major negative: a securities class action has been filed after reporting (FT/CNN) about Apollo’s historical business ties to Jeffrey Epstein. That reporting, and the lawsuit alleging material nondisclosures, raise reputational and legal risks that could lead to regulatory scrutiny, settlements or management distraction. Apollo Global Management (APO) Faces Securities Class Action Amid Questions Related to Business with Epstein – Hagens Berman
- Negative Sentiment: Multiple plaintiff firms (Pomerantz, Faruqi, Rosen, Glancy, Bronstein, Schall and others) are soliciting lead plaintiffs and reminding investors of a May 1, 2026 deadline — signaling coordinated litigation activity that increases the probability of material legal costs, discovery burdens, and share‑price volatility. APO INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Reminds Apollo Global Management (APO) Investors of Securities Class Action Deadline on May 1, 2026
Apollo Global Management 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.
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