Empirical Financial Services LLC d.b.a. Empirical Wealth Management Trims Holdings in Apollo Global Management Inc. $APO

Empirical Financial Services LLC d.b.a. Empirical Wealth Management reduced its position in shares of Apollo Global Management Inc. (NYSE:APO) by 68.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,812 shares of the financial services provider’s stock after selling 5,980 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in Apollo Global Management were worth $407,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Chesapeake Asset Management LLC boosted its position in Apollo Global Management by 3.6% during the fourth quarter. Chesapeake Asset Management LLC now owns 2,065 shares of the financial services provider’s stock worth $299,000 after acquiring an additional 72 shares during the last quarter. Cary Street Partners Investment Advisory LLC raised its holdings in Apollo Global Management by 44.0% in the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 252 shares of the financial services provider’s stock valued at $36,000 after acquiring an additional 77 shares during the last quarter. Linden Thomas Advisory Services LLC raised its holdings in Apollo Global Management by 1.4% in the 3rd quarter. Linden Thomas Advisory Services LLC now owns 5,553 shares of the financial services provider’s stock valued at $740,000 after acquiring an additional 78 shares during the last quarter. Mitchell & Pahl Private Wealth LLC lifted its stake in shares of Apollo Global Management by 0.8% during the 4th quarter. Mitchell & Pahl Private Wealth LLC now owns 9,553 shares of the financial services provider’s stock worth $1,383,000 after purchasing an additional 80 shares during the period. Finally, Sunbelt Securities Inc. lifted its stake in shares of Apollo Global Management by 16.9% during the 3rd quarter. Sunbelt Securities Inc. now owns 566 shares of the financial services provider’s stock worth $75,000 after purchasing an additional 82 shares during the period. 77.06% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Apollo Global Management

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

• Positive Sentiment: A large near-term liquidity event — Intel agreed to repurchase Apollo’s 49% stake in the Irish Fab 34 JV for about $14.2 billion, which should generate substantial cash proceeds and potential realized gains for Apollo and could support buybacks/distributions or debt reduction. Intel chip-factory buyback brings Apollo a payday
• Neutral Sentiment: Corporate development activity — Apollo is reported to be exploring a second headquarters in Texas and is circling a potential ~$10B acquisition (Atlantic Aviation), signaling long-term growth/expansion plans but with execution and integration risk. Apollo shortlists Texas for second HQ
• Neutral Sentiment: Management commentary on private credit — Apollo executives (President Jim Zelter and others) are publicly defending private credit as a discipline, calling current stress “growing pains”; this helps calm markets but doesn’t yet resolve redemption/liquidity concerns. Apollo president defends private credit
• Negative Sentiment: Multiple securities‑class actions filed and numerous law firms (Rosen, Hagens Berman, Pomerantz, Faruqi, Schall, etc.) are soliciting lead‑plaintiff candidates with a May 1, 2026 deadline, citing revelations tied to investigative “Epstein Files” reporting — this elevates legal and reputational risk and could lead to material litigation costs or settlements. Hagens Berman class action alert
• Negative Sentiment: Company provided a Q1 alternative net investment income estimate that prompted downward reaction in shares — investors are sensitive to near‑term cash‑flow guidance for fee-related earnings and distributable income. Q1 alternative net investment income estimate

Apollo Global Management Trading Down 0.1%

APO stock opened at $106.93 on Monday. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 0.33. The company has a market cap of $61.83 billion, a price-to-earnings ratio of 19.37, a PEG ratio of 0.86 and a beta of 1.56. The business has a fifty day simple moving average of $117.00 and a 200-day simple moving average of $129.13. Apollo Global Management Inc. has a 52 week low of $99.56 and a 52 week high of $157.28.

Apollo Global Management (NYSE:APO) last issued its earnings results on Monday, February 9th. The financial services provider reported $2.47 earnings per share for the quarter, beating analysts’ consensus estimates of $2.04 by $0.43. The firm had revenue of $9.86 billion for the quarter, compared to analysts’ expectations of $1.19 billion. Apollo Global Management had a return on equity of 15.25% and a net margin of 10.90%.The firm’s revenue for the quarter was up .8% compared to the same quarter last year. During the same quarter last year, the firm earned $2.39 earnings per share. On average, equities research 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 was paid on Friday, February 27th. Stockholders of record on Thursday, February 19th were paid a $0.51 dividend. This represents a $2.04 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend was Thursday, February 19th. Apollo Global Management’s payout ratio is currently 36.96%.

Wall Street Analysts Forecast Growth

APO has been the subject of a number of recent analyst reports. BMO Capital Markets lowered their price objective on Apollo Global Management from $135.00 to $116.00 and set a “market perform” rating for the company in a research report on Tuesday, March 24th. TD Cowen reiterated a “buy” rating on shares of Apollo Global Management in a research report on Thursday, February 12th. Weiss Ratings reissued a “hold (c)” rating on shares of Apollo Global Management in a research note on Monday, December 29th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Apollo Global Management in a report on Tuesday, February 10th. Finally, UBS Group dropped their price objective on shares of Apollo Global Management from $182.00 to $152.00 and set a “buy” rating for the company in a research note on Friday, February 20th. Two analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, Apollo Global Management has an average rating of “Moderate Buy” and a consensus price target of $155.86.

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.