Sumitomo Mitsui Trust Group Inc. Sells 50,270 Shares of Apollo Global Management Inc. $APO

Sumitomo Mitsui Trust Group Inc. lowered its stake in shares of Apollo Global Management Inc. (NYSE:APO) by 5.2% during the 1st quarter, HoldingsChannel reports. The fund owned 918,436 shares of the financial services provider’s stock after selling 50,270 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in Apollo Global Management were worth $102,332,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in the stock. Kohmann Bosshard Financial Services LLC bought a new stake in shares of Apollo Global Management during the 4th quarter valued at $29,000. MBM Wealth Consultants LLC purchased a new stake in Apollo Global Management during the 1st quarter worth about $29,000. Steigerwald Gordon & Koch Inc. boosted its stake in Apollo Global Management by 484.1% in the 1st quarter. Steigerwald Gordon & Koch Inc. now owns 257 shares of the financial services provider’s stock worth $29,000 after purchasing an additional 213 shares during the period. Osbon Capital Management LLC purchased a new position in Apollo Global Management during the 4th quarter valued at about $36,000. Finally, Physician Wealth Advisors Inc. grew its holdings in Apollo Global Management by 57.8% during the 4th quarter. Physician Wealth Advisors Inc. now owns 262 shares of the financial services provider’s stock valued at $38,000 after buying an additional 96 shares in the last quarter. 77.06% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

APO has been the topic of a number of recent analyst reports. Morgan Stanley lowered their price target on shares of Apollo Global Management from $181.00 to $165.00 and set an “overweight” rating on the stock in a report on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Apollo Global Management in a research note on Thursday, May 7th. Royal Bank Of Canada upped their target price on shares of Apollo Global Management from $139.00 to $146.00 and gave the stock a “sector perform” rating in a report on Thursday, May 7th. The Goldman Sachs Group lowered their target price on shares of Apollo Global Management from $169.00 to $134.00 and set a “buy” rating on the stock in a research note on Tuesday, April 7th. Finally, UBS Group boosted their price target on shares of Apollo Global Management from $138.00 to $158.00 and gave the company a “buy” rating in a research report on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $149.50.

Apollo Global Management Price Performance

Shares of APO traded up $0.62 during trading hours on Friday, reaching $120.46. 3,076,853 shares of the company’s stock traded hands, compared to its average volume of 4,592,292. The stock has a market cap of $69.45 billion, a PE ratio of 76.73, a price-to-earnings-growth ratio of 1.03 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. The firm’s 50 day simple moving average is $128.43 and its 200-day simple moving average is $126.02. Apollo Global Management Inc. has a 12 month low of $99.56 and a 12 month high of $157.28.

Apollo Global Management (NYSE:APO) last posted its quarterly earnings data on Wednesday, May 6th. The financial services provider reported $1.94 earnings per share for the quarter, topping the consensus estimate of $1.89 by $0.05. The company had revenue of $5.06 billion for the quarter, compared to analysts’ expectations of $5.19 billion. Apollo Global Management had a net margin of 3.62% and a return on equity of 14.43%. Apollo Global Management’s revenue for the quarter was down 8.8% compared to the same quarter last year. During the same period in the prior year, the business earned $1.82 earnings per share. Equities analysts expect that Apollo Global Management Inc. will post 8.27 EPS for the current year.

Apollo Global Management Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Tuesday, May 19th were issued a $0.5625 dividend. This represents a $2.25 dividend on an annualized basis and a dividend yield of 1.9%. 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. Apollo Global Management’s payout ratio is currently 143.31%.

Insider Activity at Apollo Global Management

In other news, insider John P. Zito sold 48,644 shares of the firm’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $130.66, for a total transaction of $6,355,825.04. Following the sale, the insider owned 3,063,696 shares in the company, valued at approximately $400,302,519.36. This trade represents a 1.56% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 8.30% of the stock is owned by insiders.

Key Stories Impacting Apollo Global Management

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

• Positive Sentiment: Apollo is reportedly in the spotlight for multiple large transactions, including a surprise bid for easyJet and a new $3.4 billion stake purchase from Bayer, highlighting strong deal-making momentum and potential fee-generating growth. Article Title
• Positive Sentiment: Analysts see Apollo as undervalued, and Barclays raised its price target to $132 while keeping an overweight rating, suggesting more upside if execution remains solid. Article Title
• Positive Sentiment: Reports that Apollo may break its five-year dealmaking record in 2026 reinforce the view that the firm’s origination and deployment pipeline remains strong. Article Title
• Neutral Sentiment: Several articles focused on Apollo’s warnings about a slower AI payoff and broader recession risk, which matter for markets but are not direct company-specific catalysts. Article Title
• Neutral Sentiment: Reuters reported that U.S. direct-lending activity fell in the second quarter even as private credit fundraising improved, a mixed signal for Apollo’s broader private credit business. Article Title

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.