Wall Street Zen upgraded shares of Apollo Global Management (NYSE:APO – Free Report) from a strong sell rating to a sell rating in a research note issued to investors on Sunday.
A number of other analysts also recently issued reports on the stock. Keefe, Bruyette & Woods raised shares of Apollo Global Management to a “hold” rating in a research report on Monday, July 20th. TD Cowen reduced their price target on shares of Apollo Global Management from $155.00 to $146.00 and set a “buy” rating on the stock in a research report on Monday, May 18th. Royal Bank Of Canada decreased their price objective on shares of Apollo Global Management from $146.00 to $137.00 and set a “sector perform” rating for the company in a research note on Monday, July 13th. HSBC started coverage on shares of Apollo Global Management in a research report on Monday, July 20th. They issued a “buy” rating and a $145.00 price objective for the company. Finally, Evercore reissued an “outperform” rating on shares of Apollo Global Management in a research note on Tuesday, April 21st. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $149.08.
Read Our Latest Research Report on APO
Apollo Global Management Stock Performance
Apollo Global Management (NYSE:APO – Get Free Report) last released 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). The firm had revenue of $1.34 billion during the quarter, compared to analysts’ expectations of $5.65 billion. Apollo Global Management had a return on equity of 14.43% and a net margin of 3.62%.During the same quarter last year, the business earned $1.92 earnings per share. As a group, research analysts forecast that Apollo Global Management will post 8.18 earnings per share for the current year.
Apollo Global Management Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, August 31st. Investors of record on Wednesday, August 19th will be paid a $0.5625 dividend. This represents a $2.25 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date is Wednesday, August 19th. Apollo Global Management’s payout ratio is 143.31%.
Insider Buying and Selling at Apollo Global Management
In related news, insider John P. Zito sold 48,644 shares of the business’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $130.66, for a total value of $6,355,825.04. Following the completion of the sale, the insider directly owned 3,063,696 shares of the company’s stock, valued at $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 Securities & Exchange Commission, which is available through this link. Insiders own 8.30% of the company’s stock.
Institutional Investors Weigh In On Apollo Global Management
Several large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its position in Apollo Global Management by 0.7% in the 4th quarter. Vanguard Group Inc. now owns 47,760,608 shares of the financial services provider’s stock valued at $6,913,826,000 after acquiring an additional 340,956 shares during the period. Geode Capital Management LLC raised its stake in Apollo Global Management by 2.0% during the 4th quarter. Geode Capital Management LLC now owns 10,198,837 shares of the financial services provider’s stock valued at $1,469,793,000 after acquiring an additional 200,312 shares in the last quarter. Northern Trust Corp boosted its position in Apollo Global Management by 1.4% during the 4th quarter. Northern Trust Corp now owns 4,448,618 shares of the financial services provider’s stock worth $643,982,000 after acquiring an additional 62,831 shares during the period. Legal & General Group Plc boosted its position in Apollo Global Management by 4.5% during the 4th quarter. Legal & General Group Plc now owns 3,611,839 shares of the financial services provider’s stock worth $522,850,000 after acquiring an additional 155,857 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of Apollo Global Management by 3.1% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,288,100 shares of the financial services provider’s stock worth $475,985,000 after purchasing an additional 98,945 shares in the last quarter. 77.06% of the stock is owned by institutional investors and hedge funds.
Key Stories Impacting Apollo Global Management
Here are the key news stories impacting Apollo Global Management this week:
- Positive Sentiment: Strong AUM and fee growth: Apollo reported second-quarter revenue of $11.15 billion, up from $6.81 billion a year earlier. Total assets under management increased 25% year over year to $1.047 trillion, while fee-related earnings rose 25% to $785 million and spread-related earnings increased 7% to $877 million. Apollo Reports Second Quarter 2026 Results
- Positive Sentiment: Fundraising and capital deployment provide longer-term support: Apollo has reportedly raised $12 billion so far for its flagship private-equity fund and committed $1 billion to a joint venture with Starwood’s real estate investment trust. These developments could expand future management fees and investment opportunities. Apollo Draws $12 Billion So Far for Flagship Private Equity Fund
- Positive Sentiment: Dividend maintained: Apollo declared a quarterly dividend of $0.5625 per share, equivalent to $2.25 annually and an indicated yield of approximately 1.7%. The payment is scheduled for August 31 for eligible shareholders. This provides a modest income component and signals continued cash-return capacity.
- Positive Sentiment: Growth initiatives continue: Apollo acquired Maverick Water Group and announced a new Austin strategic hub focused on technology, innovation and retirement-services expansion. While the immediate financial impact is unclear, the initiatives may strengthen Apollo’s long-term growth platform. Apollo Funds Acquire Maverick Water Group
- Neutral Sentiment: Takeover bid deadline extended: easyJet extended the deadline for takeover bids from Apollo and Castlelake, keeping a potential transaction in play but adding uncertainty over timing and completion. easyJet Extends Deadline for Apollo, Castlelake Takeover Bids
- Negative Sentiment: Adjusted EPS missed expectations: Apollo reported adjusted earnings of $2.11 per share, below consensus estimates near $2.16–$2.18, although earnings increased from $1.92 a year earlier. Higher expenses weighed on profitability. Apollo Global Q2 Earnings Miss Estimates
- Negative Sentiment: Asset-sale environment remains difficult: Apollo generated less from selling investments as market conditions slowed exits, causing some divestitures to be postponed. This limits near-term realization gains and may pressure earnings relative to rivals benefiting from stronger asset-sale activity. Apollo Fees and Insurance Earnings Rise, Asset Sales Slow
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.
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