CenterBook Partners LP Invests $1.24 Million in Apollo Global Management Inc. $APO

CenterBook Partners LP bought a new stake in Apollo Global Management Inc. (NYSE:APO) in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 9,307 shares of the financial services provider’s stock, valued at approximately $1,240,000.

A number of other hedge funds have also recently added to or reduced their stakes in APO. Plato Investment Management Ltd grew its holdings in Apollo Global Management by 100.3% during the 3rd quarter. Plato Investment Management Ltd now owns 10,888 shares of the financial services provider’s stock valued at $1,440,000 after buying an additional 5,452 shares during the last quarter. Diversified Trust Co raised its holdings in shares of Apollo Global Management by 2,649.9% in the third quarter. Diversified Trust Co now owns 42,238 shares of the financial services provider’s stock worth $5,629,000 after acquiring an additional 40,702 shares during the last quarter. Hsbc Holdings PLC lifted its position in shares of Apollo Global Management by 39.2% in the second quarter. Hsbc Holdings PLC now owns 842,391 shares of the financial services provider’s stock valued at $119,482,000 after acquiring an additional 237,180 shares in the last quarter. Stock Yards Bank & Trust Co. boosted its stake in shares of Apollo Global Management by 2,395.2% during the third quarter. Stock Yards Bank & Trust Co. now owns 124,708 shares of the financial services provider’s stock valued at $16,620,000 after acquiring an additional 119,710 shares during the last quarter. Finally, Asset Management One Co. Ltd. increased its position in Apollo Global Management by 3.9% during the 3rd quarter. Asset Management One Co. Ltd. now owns 178,868 shares of the financial services provider’s stock worth $23,838,000 after purchasing an additional 6,727 shares in the last quarter. Hedge funds and other institutional investors own 77.06% of the company’s stock.

Apollo Global Management Stock Performance

NYSE:APO opened at $119.61 on Friday. The company has a market cap of $69.43 billion, a P/E ratio of 21.67, a P/E/G ratio of 1.02 and a beta of 1.57. The firm’s 50 day moving average is $138.70 and its two-hundred day moving average is $135.18. Apollo Global Management Inc. has a fifty-two week low of $102.58 and a fifty-two week high of $157.45. The company has a quick ratio of 1.49, a current ratio of 1.31 and a debt-to-equity ratio of 0.33.

Apollo Global Management (NYSE:APO) last announced its quarterly earnings data on Monday, February 9th. The financial services provider reported $2.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.04 by $0.43. The company had revenue of $9.86 billion during the quarter, compared to analysts’ expectations of $1.19 billion. Apollo Global Management had a net margin of 10.90% and a return on equity of 15.25%. The business’s quarterly revenue was up .8% compared to the same quarter last year. During the same period in the previous year, the company earned $2.39 EPS. Analysts expect that Apollo Global Management Inc. will post 8 EPS for the current year.

Apollo Global Management Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Shareholders of record on Thursday, February 19th will be issued a $0.51 dividend. The ex-dividend date is Thursday, February 19th. This represents a $2.04 dividend on an annualized basis and a yield of 1.7%. Apollo Global Management’s payout ratio is currently 36.96%.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. BMO Capital Markets set a $136.00 price target on shares of Apollo Global Management and gave the stock a “market perform” rating in a research note on Tuesday, November 25th. Evercore upped their price objective on shares of Apollo Global Management from $145.00 to $155.00 and gave the company an “outperform” rating in a research note on Wednesday, November 5th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $165.00 target price on shares of Apollo Global Management in a research note on Monday, February 9th. Wolfe Research reiterated an “outperform” rating on shares of Apollo Global Management in a report on Wednesday, January 7th. Finally, Argus upgraded Apollo Global Management to a “strong-buy” rating in a report on Thursday. Two analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $162.64.

Insiders Place Their Bets

In other news, CFO Martin Kelly sold 6,000 shares of Apollo Global Management stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $131.41, for a total transaction of $788,460.00. Following the sale, the chief financial officer directly owned 325,604 shares of the company’s stock, valued at approximately $42,787,621.64. The trade was a 1.81% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 8.20% of the stock is currently owned by insiders.

Apollo Global Management News Summary

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

• Positive Sentiment: Argus upgraded APO to a “strong-buy” — analyst optimism and an upgraded rating can boost investor demand and reduce near‑term selling pressure. Analyst Upgrade
• Positive Sentiment: Apollo’s funds provided $1.0 billion of subordinated hybrid capital to Aldar Properties (UAE) — the firm says this is its fifth Aldar deal and brings total commitments to about $2.9 billion, supporting fee-generating deployments and strengthening Apollo’s MENA franchise. Apollo Provides $1 Billion Hybrid Capital Solution to Aldar
• Neutral Sentiment: Apollo published market research noting U.S. stocks are roughly 40% more expensive than international stocks — useful macro positioning commentary but not an immediate earnings driver for APO itself. How Much Cheaper Are International Stocks Than U.S. Stocks?
• Neutral Sentiment: Apollo sent a client/partner letter and publicly stated CEO Marc Rowan had no personal or business relationship with Jeffrey Epstein — these outreach efforts aim to reassure clients and limit fallout from recent reporting. Reuters: Apollo says CEO Rowan had no business or personal relationship with Epstein
• Negative Sentiment: Pomerantz LLP is investigating potential claims on behalf of Apollo investors — a formal probe or litigation could create legal costs, distractions and reputational risk. Pomerantz investor alert
• Negative Sentiment: Renewed Epstein‑related scrutiny — including requests from teacher unions for an SEC probe — has already pressured the stock (earlier slide) and raises governance/disclosure risk that could affect client relationships and valuations if investigations escalate. QuiverQuant: renewed scrutiny and stock slide

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.