Apollo Global Management Target of Unusually High Options Trading (NYSE:APO)

Apollo Global Management Inc. (NYSE:APO) was the target of unusually large options trading activity on Monday. Traders bought 15,843 put options on the stock. This represents an increase of 40% compared to the typical daily volume of 11,288 put options.

Key Apollo Global Management News

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.)

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. The Goldman Sachs Group restated a “buy” rating and issued a $165.00 price target on shares of Apollo Global Management in a research report on Monday, February 9th. UBS Group cut their price target on shares of Apollo Global Management from $182.00 to $152.00 and set a “buy” rating on the stock in a report on Friday, February 20th. TD Cowen reissued a “buy” rating on shares of Apollo Global Management in a research note on Thursday, February 12th. Morgan Stanley increased their price objective on Apollo Global Management from $180.00 to $181.00 and gave the company an “overweight” rating in a report on Tuesday, February 10th. Finally, Wolfe Research reaffirmed an “outperform” rating on shares of Apollo Global Management in a research report on Wednesday, January 7th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $159.47.

Apollo Global Management Price Performance

Shares of NYSE APO opened at $103.53 on Tuesday. Apollo Global Management has a twelve month low of $99.56 and a twelve month high of $157.28. The firm has a fifty day simple moving average of $126.36 and a 200 day simple moving average of $131.69. The company has a market capitalization of $59.87 billion, a PE ratio of 18.76, a P/E/G ratio of 0.84 and a beta of 1.60. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 0.33.

Apollo Global Management (NYSE:APO) last issued its quarterly earnings results on Monday, February 9th. The financial services provider reported $2.47 EPS for the quarter, beating analysts’ consensus estimates 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 company earned $2.39 EPS. The firm’s revenue was up .8% on a year-over-year basis. On average, sell-side analysts forecast that Apollo Global Management will post 8 EPS for the current year.

Apollo Global Management Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Thursday, February 19th were paid a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend was Thursday, February 19th. Apollo Global Management’s payout ratio is currently 36.96%.

Institutional Investors Weigh In On Apollo Global Management

Large investors have recently added to or reduced their stakes in the business. Delos Wealth Advisors LLC bought a new stake in shares of Apollo Global Management in the 2nd quarter valued at $25,000. Atlantic Union Bankshares Corp boosted its position in shares of Apollo Global Management by 99.0% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 199 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 99 shares in the last quarter. Sound Income Strategies LLC acquired a new stake in shares of Apollo Global Management in the 3rd quarter valued at about $28,000. SJS Investment Consulting Inc. increased its position in Apollo Global Management by 1,123.5% in the 3rd quarter. SJS Investment Consulting Inc. now owns 208 shares of the financial services provider’s stock valued at $28,000 after buying an additional 191 shares in the last quarter. Finally, Kohmann Bosshard Financial Services LLC bought a new stake in Apollo Global Management in the 4th quarter valued at about $29,000. 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.