Beck Mack & Oliver LLC Sells 46,310 Shares of Apollo Global Management Inc. $APO

Key Points

• Beck Mack & Oliver trimmed its Apollo stake by 1.7%, selling 46,310 shares to hold 2,757,452 shares (~0.48% of APO) valued at about $367.5M, making Apollo its 2nd-largest holding (~6.7% of the firm's portfolio).
• Analysts show a consensus of Moderate Buy with an average price target of $159.47, though individual targets vary broadly (roughly $131–$181) and ratings skew toward Buy/Strong Buy.
• Apollo faces near‑term headline and legal risk from multiple securities class‑action suits tied to past disclosures, even as management pushes transparency and growth initiatives such as more frequent private‑credit valuations and Apollo Sports Capital's majority stake in Atlético de Madrid.

Beck Mack & Oliver LLC lowered its position in shares of Apollo Global Management Inc. (NYSE:APO - Free Report) by 1.7% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 2,757,452 shares of the financial services provider's stock after selling 46,310 shares during the quarter. Apollo Global Management comprises approximately 6.7% of Beck Mack & Oliver LLC's holdings, making the stock its 2nd largest holding. Beck Mack & Oliver LLC owned approximately 0.48% of Apollo Global Management worth $367,486,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Fortress Financial Solutions LLC grew its stake in Apollo Global Management by 1.6% during the second quarter. Fortress Financial Solutions LLC now owns 4,561 shares of the financial services provider's stock worth $647,000 after buying an additional 74 shares during the period. Cary Street Partners Investment Advisory LLC raised its stake in shares of 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 period. Linden Thomas Advisory Services LLC raised its stake in shares of 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 period. Cynosure Group LLC lifted its holdings in shares of Apollo Global Management by 2.6% during the 3rd quarter. Cynosure Group LLC now owns 3,385 shares of the financial services provider's stock valued at $451,000 after acquiring an additional 85 shares in the last quarter. Finally, SOA Wealth Advisors LLC. lifted its holdings in shares of Apollo Global Management by 8.5% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 1,169 shares of the financial services provider's stock valued at $156,000 after acquiring an additional 92 shares in the last quarter. Hedge funds and other institutional investors own 77.06% of the company's stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on APO. Morgan Stanley increased their price target on Apollo Global Management from $180.00 to $181.00 and gave the company an "overweight" rating in a report on Tuesday, February 10th. Barclays reduced their price objective on Apollo Global Management from $158.00 to $131.00 and set an "overweight" rating on the stock in a research note on Monday, March 2nd. Argus upgraded Apollo Global Management to a "strong-buy" rating in a research note on Thursday, February 19th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of Apollo Global Management in a report on Tuesday, February 10th. Finally, The Goldman Sachs Group reissued a "buy" rating and set a $165.00 price target on shares of Apollo Global Management in a research report on Monday, February 9th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and three have issued a Hold rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $159.47.

Apollo Global Management Stock Performance

NYSE:APO opened at $104.37 on Friday. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.31 and a quick ratio of 1.31. The firm has a 50-day moving average of $127.29 and a two-hundred day moving average of $131.95. The stock has a market cap of $60.35 billion, a P/E ratio of 18.91, a PEG ratio of 0.84 and a beta of 1.60. Apollo Global Management Inc. has a 1-year low of $99.56 and a 1-year high of $157.28.

Apollo Global Management (NYSE:APO - Get Free Report) last announced its earnings results on Monday, February 9th. The financial services provider reported $2.47 earnings per share for the quarter, beating the consensus estimate of $2.04 by $0.43. Apollo Global Management had a return on equity of 15.25% and a net margin of 10.90%.During the same quarter in the prior year, the firm earned $2.39 earnings per share. The firm's revenue was up .8% compared to the same quarter last year. On average, research analysts expect that Apollo Global Management Inc. will post 8 earnings per share for the current fiscal year.

Apollo Global Management Dividend Announcement

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

Apollo Global Management News Summary

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

• Positive Sentiment: Apollo Sports Capital completed its transaction to become majority shareholder of Atlético de Madrid — a strategic sports/brand investment that could boost fee-generating assets and long‑term returns from the sports platform. Read More.
• Positive Sentiment: Management signaled plans to mark private‑credit assets more frequently (eventually daily), a move intended to increase transparency and address investor outflows that have pressured the sector — this may reassure investors in Apollo’s large private‑credit platform. Read More.
• Positive Sentiment: Apollo‑led funds provided $500M to an Adani Energy unit via a long‑dated private bond — another illustration of ongoing deal activity and fee/interest income generation in Apollo’s credit and infrastructure businesses. Read More.
• Neutral Sentiment: Macro/sector coverage highlighting risks in private credit (withdrawals, opacity, AI disruption) is raising awareness of industry headwinds but is not Apollo‑specific; it frames why Apollo’s valuation/marking moves matter. Read More.
• Negative Sentiment: Multiple securities class‑action suits and investor alerts have been filed/issued alleging disclosure failures linked to reporting about Apollo’s past business ties (the “Epstein files”). Hagens Berman and others filed/alerted this week seeking damages for purchasers during May 10, 2021–Feb 21, 2026. This creates legal, reputational and potential financial risk (discovery, fines, settlements). Read More.
• Negative Sentiment: Several plaintiff firms (Rosen, Bronstein Gewirtz & Grossman, Schall, Pomerantz, Faruqi, Portnoy, others) have issued notices/reminders about lead‑plaintiff deadlines (May 1, 2026) and filed suits — the concentrated media/legal activity increases near‑term headline risk and could pressure sentiment until resolved. Read More.

Apollo Global Management 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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