Mirabella Financial Services LLP Acquires Shares of 18,169 Apollo Global Management Inc. $APO

Mirabella Financial Services LLP bought a new position in shares of Apollo Global Management Inc. (NYSE:APOFree Report) during the third quarter, Holdings Channel reports. The firm bought 18,169 shares of the financial services provider’s stock, valued at approximately $2,417,000.

Other institutional investors also recently added to or reduced their stakes in the company. Delos Wealth Advisors LLC purchased a new stake in shares of Apollo Global Management during the 2nd quarter worth approximately $25,000. Atlantic Union Bankshares Corp lifted its position in shares of Apollo Global Management by 99.0% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 199 shares of the financial services provider’s stock valued at $27,000 after buying an additional 99 shares during the last quarter. Sound Income Strategies LLC purchased a new position in shares of Apollo Global Management during the 3rd quarter valued at $28,000. SJS Investment Consulting Inc. grew its stake in shares of Apollo Global Management by 1,123.5% during the 3rd quarter. SJS Investment Consulting Inc. now owns 208 shares of the financial services provider’s stock worth $28,000 after acquiring an additional 191 shares during the period. Finally, Nemes Rush Group LLC purchased a new stake in Apollo Global Management in the 2nd quarter worth about $30,000. Institutional investors own 77.06% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on APO. Wolfe Research restated an “outperform” rating on shares of Apollo Global Management in a research note on Wednesday, January 7th. Royal Bank Of Canada initiated coverage on shares of Apollo Global Management in a research report on Monday, February 23rd. They set a “sector perform” rating and a $142.00 target price for the company. Argus raised shares of Apollo Global Management to a “strong-buy” rating in a research report on Thursday, February 19th. Piper Sandler restated an “overweight” rating and set a $165.00 price target on shares of Apollo Global Management in a research note on Tuesday, February 10th. Finally, UBS Group reduced their price objective on shares of Apollo Global Management from $182.00 to $152.00 and set a “buy” rating for the company in a research note on Friday, February 20th. Two analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $159.47.

Check Out Our Latest Stock Report on APO

Apollo Global Management Price Performance

Shares of NYSE:APO opened at $103.53 on Tuesday. The company’s fifty day moving average price is $126.36 and its 200-day moving average price is $131.69. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.31 and a quick ratio of 1.31. The firm has a market capitalization of $59.87 billion, a price-to-earnings ratio of 18.76, a PEG ratio of 0.84 and a beta of 1.60. Apollo Global Management Inc. has a one year low of $99.56 and a one year high of $157.28.

Apollo Global Management (NYSE:APOGet Free Report) last posted its quarterly earnings data 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%. During the same quarter in the prior year, the company posted $2.39 earnings per share. Apollo Global Management’s revenue was up .8% on a year-over-year basis. On average, equities research analysts anticipate that Apollo Global Management Inc. will post 8 earnings per share for the current fiscal year.

Apollo Global Management Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Thursday, February 19th were paid a dividend of $0.51 per share. The ex-dividend date of this dividend was Thursday, February 19th. This represents a $2.04 annualized dividend and a yield of 2.0%. Apollo Global Management’s payout ratio is 36.96%.

Key Headlines Impacting Apollo Global Management

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

  • Neutral Sentiment: Macro/market note — Apollo’s Torsten Slok warned the S&P 500 concentration could rise as the largest names take more weight, a broad-market observation that is neutral for APO specifically but frames investor risk in crowded markets. Article Title
  • Negative Sentiment: Multiple securities class action notices and plaintiff-solicitation filings were issued today (Hagens Berman, Rosen, Faruqi & Faruqi, Schall, Levi & Korsinsky et al.), citing investigative reports about alleged undisclosed ties and claiming prior “no business” assurances were false — litigation risk and potential damages/settlement exposure are weighing on the stock. APO ALERT: Hagens Berman Investor Alert (GlobeNewswire)
  • Negative Sentiment: Senior Apollo executive John Zito publicly said private-equity software valuations are “all wrong,” warning that lenders to smaller software companies might recover only 20–40 cents on the dollar — this raises concerns about write-down risk, mark-to-market pressure on portfolio valuations and potential earnings/fee impact. John Zito on software valuations
  • Negative Sentiment: Options market activity is bearish — unusually large put buying occurred today (about 15,843 puts, ~40% above typical volume), indicating traders are positioning for further downside or hedging concentrated exposure. (Market data reported today.)

About Apollo Global Management

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Apollo Global Management (NYSE:APO)

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