Apollo Global Management Inc. (NYSE:APO) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Apollo Global Management Inc. (NYSE:APO) has been assigned a consensus rating of “Moderate Buy” from the seventeen ratings firms that are currently covering the company, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $151.2308.

A number of research analysts have recently issued reports on APO shares. Weiss Ratings lowered Apollo Global Management from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, May 11th. Barclays boosted their target price on Apollo Global Management from $125.00 to $131.00 and gave the company an “overweight” rating in a report on Thursday, May 7th. Wall Street Zen lowered Apollo Global Management from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. Argus raised Apollo Global Management to a “strong-buy” rating in a report on Thursday, February 19th. Finally, UBS Group boosted their target price on Apollo Global Management from $138.00 to $158.00 and gave the company a “buy” rating in a report on Friday, May 8th.

Key Stories Impacting Apollo Global Management

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

• Positive Sentiment: Reports say Apollo is leaning toward Austin, Texas, for a second U.S. headquarters. A larger footprint in a major growth market could support long-term hiring, deal flow, and brand visibility. Apollo Global Management chooses Austin for second HQ, report says
• Positive Sentiment: Several reports highlighted Apollo’s role in large AI infrastructure financing, including backing Broadcom’s multi-billion-dollar AI push and lending against AI chips and computing power. Investors may see this as evidence that Apollo is well positioned to profit from booming demand for AI-related capital. Apollo Global Management (APO) Is Up 5.5% After Backing Broadcom’s $35 Billion AI Infrastructure Push
• Positive Sentiment: Apollo executives have been publicly emphasizing opportunities in AI, including screening software investments for AI threat risk and arguing that AI will pressure certain industries while creating attractive financing opportunities. That keeps Apollo in the center of a major market theme. Apollo Is Screening All Software Investments for AI Threat Risk
• Neutral Sentiment: Management also warned that software valuations may be overpriced and that private equity marks can be misstated. While this reflects Apollo’s cautious underwriting stance, it does not appear to be a direct negative for the stock today. Apollo’s Zito warns software valuations are overpriced, calls out private equity ‘misstating’ marks
• Neutral Sentiment: Apollo is reportedly seeking a Japan insurance license, which would expand its financial-services reach if approved, but the move is still subject to regulatory hurdles. Apollo seeks Japan insurance licence amid regulatory hurdles – report

Apollo Global Management Price Performance

Shares of NYSE APO opened at $134.08 on Wednesday. The stock has a market cap of $77.30 billion, a P/E ratio of 85.40, a P/E/G ratio of 1.15 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 stock has a 50 day moving average of $125.01 and a two-hundred day moving average of $127.97. Apollo Global Management has a twelve month low of $99.56 and a twelve month high of $157.28.

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

Apollo Global Management Increases Dividend

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

Insiders Place Their Bets

In related news, insider John P. Zito sold 48,644 shares of the company’s stock in a transaction on 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 transaction, the insider owned 3,063,696 shares of the company’s stock, valued at $400,302,519.36. This represents a 1.56% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 8.30% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Kohmann Bosshard Financial Services LLC acquired a new position in Apollo Global Management during the fourth quarter worth $29,000. MBM Wealth Consultants LLC acquired a new position in Apollo Global Management during the first quarter worth $29,000. Steigerwald Gordon & Koch Inc. grew its holdings in Apollo Global Management by 484.1% during the first quarter. Steigerwald Gordon & Koch Inc. now owns 257 shares of the financial services provider’s stock worth $29,000 after acquiring an additional 213 shares during the period. Osbon Capital Management LLC acquired a new position in Apollo Global Management during the fourth quarter worth $36,000. Finally, Physician Wealth Advisors Inc. grew its holdings in Apollo Global Management by 57.8% during the fourth quarter. Physician Wealth Advisors Inc. now owns 262 shares of the financial services provider’s stock worth $38,000 after acquiring an additional 96 shares during the period. Institutional investors and hedge funds own 77.06% of the company’s stock.

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.