California Public Employees Retirement System Boosts Position in Apollo Global Management Inc. $APO

California Public Employees Retirement System raised its holdings in shares of Apollo Global Management Inc. (NYSE:APO) by 2.3% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 769,784 shares of the financial services provider’s stock after buying an additional 17,602 shares during the quarter. California Public Employees Retirement System’s holdings in Apollo Global Management were worth $102,589,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the business. Vanguard Group Inc. raised its holdings in shares of Apollo Global Management by 3.0% during the third quarter. Vanguard Group Inc. now owns 47,419,652 shares of the financial services provider’s stock worth $6,319,617,000 after purchasing an additional 1,377,545 shares during the last quarter. Legal & General Group Plc boosted its holdings in Apollo Global Management by 5.7% in the third quarter. Legal & General Group Plc now owns 3,455,982 shares of the financial services provider’s stock valued at $460,579,000 after purchasing an additional 186,292 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in Apollo Global Management by 1.2% in the second quarter. Charles Schwab Investment Management Inc. now owns 3,050,164 shares of the financial services provider’s stock valued at $432,727,000 after purchasing an additional 36,866 shares during the last quarter. Bank of New York Mellon Corp grew its position in Apollo Global Management by 2.0% during the 3rd quarter. Bank of New York Mellon Corp now owns 2,451,537 shares of the financial services provider’s stock worth $326,716,000 after purchasing an additional 48,053 shares during the period. Finally, Bessemer Group Inc. grew its position in Apollo Global Management by 31.1% during the 3rd quarter. Bessemer Group Inc. now owns 1,617,228 shares of the financial services provider’s stock worth $215,530,000 after purchasing an additional 383,198 shares during the period. 77.06% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

APO has been the subject of several analyst reports. UBS Group decreased their price objective on Apollo Global Management from $182.00 to $152.00 and set a “buy” rating for the company in a report on Friday, February 20th. TD Cowen reaffirmed a “buy” rating on shares of Apollo Global Management in a report on Thursday, February 12th. BMO Capital Markets set a $136.00 price target on Apollo Global Management and gave the company a “market perform” rating in a report on Tuesday, November 25th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Apollo Global Management in a research report on Tuesday, February 10th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Apollo Global Management in a research note on Monday, December 29th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $159.47.

Apollo Global Management Stock Down 0.9%

NYSE APO opened at $103.53 on Tuesday. The business has a fifty day moving average price of $126.36 and a 200 day moving average price of $131.69. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.31 and a current ratio of 1.31. The company has a market cap of $59.87 billion, a P/E ratio of 18.76, a P/E/G 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: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 the consensus estimate 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 previous year, the firm posted $2.39 EPS. The business’s quarterly revenue was up .8% on a year-over-year basis. Research analysts anticipate that Apollo Global Management Inc. will post 8 EPS for the current fiscal year.

Apollo Global Management Dividend Announcement

The firm also recently declared 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. The ex-dividend date was Thursday, February 19th. This represents a $2.04 dividend on an annualized basis and a yield of 2.0%. Apollo Global Management’s payout ratio is presently 36.96%.

Apollo Global Management News Summary

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

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.