4,893 Shares in Apollo Global Management Inc. $APO Bought by Mosley Wealth Management

Mosley Wealth Management purchased a new position in Apollo Global Management Inc. (NYSE:APO) during the fourth quarter, Holdings Channel reports. The firm purchased 4,893 shares of the financial services provider’s stock, valued at approximately $708,000.

Other hedge funds also recently modified their holdings of the company. Kohmann Bosshard Financial Services LLC bought a new position in Apollo Global Management in the fourth quarter valued at about $29,000. Physician Wealth Advisors Inc. grew its position in Apollo Global Management by 57.8% in the fourth quarter. Physician Wealth Advisors Inc. now owns 262 shares of the financial services provider’s stock valued at $38,000 after acquiring an additional 96 shares during the last quarter. Greykasell Wealth Strategies Inc. bought a new position in Apollo Global Management in the fourth quarter valued at about $42,000. City Holding Co. grew its position in Apollo Global Management by 391.9% in the fourth quarter. City Holding Co. now owns 305 shares of the financial services provider’s stock valued at $44,000 after acquiring an additional 243 shares during the last quarter. Finally, Cullen Frost Bankers Inc. grew its position in Apollo Global Management by 54.4% in the fourth quarter. Cullen Frost Bankers Inc. now owns 366 shares of the financial services provider’s stock valued at $53,000 after acquiring an additional 129 shares during the last quarter. Institutional investors own 77.06% of the company’s stock.

Trending Headlines about Apollo Global Management

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

• Positive Sentiment: Apollo helped finance a major $35 billion AI infrastructure deal tied to Broadcom and Anthropic, highlighting its ability to participate in big-ticket, high-profile technology lending opportunities. Apollo Global Management (APO) Is Up 5.5% After Backing Broadcom’s $35 Billion AI Infrastructure Push
• Positive Sentiment: The company added senior policy and government affairs leaders in Europe, which could strengthen Apollo’s regulatory relationships and support future expansion in the region. Apollo Adds Senior Policy and Government Affairs Leaders in Europe
• Positive Sentiment: Executives are emphasizing Apollo’s focus on “HALO” assets and warning that AI could pressure weaker software investments, underscoring a disciplined underwriting approach that may appeal to investors. Huge private equity software bets most at risk as investors face returns squeeze, Apollo says

Insider Activity at Apollo Global Management

In other news, insider John P. Zito sold 48,644 shares of Apollo Global Management stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $130.66, for a total transaction of $6,355,825.04. Following the sale, the insider directly owned 3,063,696 shares of the company’s stock, valued at approximately $400,302,519.36. This trade represents a 1.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 8.30% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on APO shares. UBS Group lifted their target price on Apollo Global Management from $138.00 to $158.00 and gave the company a “buy” rating in a research report on Friday, May 8th. Barclays lifted their target price on Apollo Global Management from $125.00 to $131.00 and gave the company an “overweight” rating in a research report on Thursday, May 7th. Morgan Stanley decreased their target price on Apollo Global Management from $181.00 to $165.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 21st. The Goldman Sachs Group decreased their target price on Apollo Global Management from $169.00 to $134.00 and set a “buy” rating on the stock in a research report on Tuesday, April 7th. Finally, Royal Bank Of Canada lifted their target price on Apollo Global Management from $139.00 to $146.00 and gave the company a “sector perform” rating in a research report on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $151.23.

Apollo Global Management Stock Performance

Shares of APO stock opened at $134.01 on Friday. The business’s 50-day moving average price is $124.53 and its 200-day moving average price is $127.94. Apollo Global Management Inc. has a 12 month low of $99.56 and a 12 month high of $157.28. The firm has a market capitalization of $77.26 billion, a price-to-earnings ratio of 85.36, a PEG ratio of 1.13 and a beta of 1.50. The company has a current ratio of 1.73, a quick ratio of 1.73 and a debt-to-equity ratio of 0.45.

Apollo Global Management (NYSE:APO) last announced its quarterly earnings results on Wednesday, May 6th. The financial services provider reported $1.94 EPS for the quarter, beating analysts’ consensus estimates of $1.89 by $0.05. Apollo Global Management had a return on equity of 14.43% and a net margin of 3.62%.The firm had revenue of $5.06 billion for the quarter, compared to analyst estimates of $5.19 billion. During the same period last year, the firm posted $1.82 earnings per share. The business’s revenue for the quarter was down 8.8% on a year-over-year basis. Equities research analysts forecast that Apollo Global Management Inc. will post 8.28 EPS for the current year.

Apollo Global Management Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Tuesday, May 19th were paid a dividend of $0.5625 per share. The ex-dividend date of this dividend was Tuesday, May 19th. This is a positive change from Apollo Global Management’s previous quarterly dividend of $0.51. This represents a $2.25 dividend on an annualized basis and a dividend yield of 1.7%. Apollo Global Management’s payout ratio is 143.31%.

Apollo Global Management Company 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.