Apollo Global Management Inc. $APO Shares Acquired by Kerusso Capital Management LLC

Key Points

• Kerusso Capital boosted its stake in Apollo by 31.7% to 38,750 shares (worth $5.609M), making APO its fifth-largest holding, and institutional investors/hedge funds now own about 77.06% of the stock.
• Analysts remain broadly positive with a consensus rating of "Moderate Buy" and an average target of $149.42 after Apollo posted an EPS beat ($2.47 vs. $2.04); the company has a $72.19B market cap, a P/E of 22.62, and pays a $0.51 quarterly dividend (1.6% yield).
• Apollo is navigating heightened legal and reputational risk from multiple class-action suits over alleged undisclosed ties to Jeffrey Epstein that have pressured the stock, even as it pursues strategic deals (nearing a ~$1.6B Forvia unit purchase and acquiring 40% of Pembina Gas Infrastructure) to grow fee-earning assets.

Kerusso Capital Management LLC boosted its position in Apollo Global Management Inc. (NYSE:APO - Free Report) by 31.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 38,750 shares of the financial services provider's stock after purchasing an additional 9,335 shares during the quarter. Apollo Global Management comprises about 2.6% of Kerusso Capital Management LLC's portfolio, making the stock its 5th biggest holding. Kerusso Capital Management LLC's holdings in Apollo Global Management were worth $5,609,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Chesapeake Asset Management LLC increased its position in Apollo Global Management by 3.6% during the 4th quarter. Chesapeake Asset Management LLC now owns 2,065 shares of the financial services provider's stock worth $299,000 after buying an additional 72 shares during the period. Linden Thomas Advisory Services LLC boosted its position in shares of Apollo Global Management by 1.4% in the third 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 period. Mitchell & Pahl Private Wealth LLC grew its stake in shares of Apollo Global Management by 0.8% in the fourth quarter. Mitchell & Pahl Private Wealth LLC now owns 9,553 shares of the financial services provider's stock valued at $1,383,000 after acquiring an additional 80 shares in the last quarter. Sunbelt Securities Inc. grew its stake in shares of Apollo Global Management by 16.9% in the third quarter. Sunbelt Securities Inc. now owns 566 shares of the financial services provider's stock valued at $75,000 after acquiring an additional 82 shares in the last quarter. Finally, Cynosure Group LLC increased its position in Apollo Global Management by 2.6% during the third quarter. Cynosure Group LLC now owns 3,385 shares of the financial services provider's stock worth $451,000 after acquiring an additional 85 shares during the period. 77.06% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have weighed in on APO shares. Wolfe Research reiterated an "outperform" rating on shares of Apollo Global Management in a research note on Wednesday, January 7th. Piper Sandler decreased their target price on shares of Apollo Global Management from $165.00 to $146.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 7th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of Apollo Global Management in a report on Tuesday, February 10th. JPMorgan Chase & Co. cut their price target on Apollo Global Management from $164.00 to $162.00 and set an "overweight" rating for the company in a research note on Tuesday, February 10th. Finally, Weiss Ratings reissued a "hold (c)" rating on shares of Apollo Global Management in a research report on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $149.42.

Apollo Global Management Trading Down 3.3%

APO opened at $124.85 on Friday. Apollo Global Management Inc. has a twelve month low of $99.56 and a twelve month high of $157.28. The company has a 50-day simple moving average of $112.87 and a 200 day simple moving average of $127.23. 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 stock has a market capitalization of $72.19 billion, a price-to-earnings ratio of 22.62, a P/E/G ratio of 1.15 and a beta of 1.56.

Apollo Global Management (NYSE:APO - Get Free Report) last released its earnings results on Monday, February 9th. The financial services provider reported $2.47 EPS for the quarter, beating the consensus estimate of $2.04 by $0.43. The firm had revenue of $9.86 billion for the quarter, compared to analyst estimates 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 last year, the firm earned $2.39 EPS. Analysts predict that Apollo Global Management Inc. will post 8.47 EPS for the current fiscal year.

Apollo Global Management Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Thursday, February 19th were given a dividend of $0.51 per share. The ex-dividend date was Thursday, February 19th. This represents a $2.04 annualized dividend and a dividend yield of 1.6%. Apollo Global Management's dividend payout ratio (DPR) is currently 36.96%.

More Apollo Global Management News

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

• Positive Sentiment: Apollo is reported to be nearing a roughly $1.6 billion purchase of Forvia’s auto-interiors unit, a deal that would add a manufacturing business to Apollo’s private assets and increase fee-earning scale. Article Title
• Positive Sentiment: Apollo Funds agreed to buy a 40% interest in Pembina Gas Infrastructure from KKR—a large infrastructure stake that diversifies Apollo’s energy holdings and creates predictable fee/income streams. Article Title
• Positive Sentiment: TD Cowen reiterated a Buy rating on APO, which supports the view that analysts still see earnings/fee-growth potential despite recent headlines. Article Title
• Neutral Sentiment: Apollo is expanding alternative investments (e.g., bets on European hostels), indicating continued deployment of capital into niche real-asset opportunities; these are longer-horizon value drivers and less likely to move near-term pricing. Article Title
• Negative Sentiment: Multiple law firms have filed or are soliciting lead-plaintiff actions against Apollo over alleged undisclosed ties to Jeffrey Epstein; widespread class-action publicity increases legal and reputational risk and is likely the main driver of the stock’s weakness today. Representative notice: Hagens Berman investor alert. Article Title
• Negative Sentiment: Coverage noting shareholders suing Apollo for failure to disclose Epstein ties amplifies litigation headlines and could pressure valuation multiples until resolution or clearer management disclosures. 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.

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