Legal & General Group Plc Raises Holdings in Apollo Global Management Inc. $APO

Key Points

• Legal & General Group Plc increased its stake in Apollo Global Management by 5.7%, holding 3,455,982 shares (about 0.60% of the company) worth approximately $460.6 million at quarter end.
• Apollo beat Q4 estimates with $2.47 EPS versus $2.04 expected and recently paid a quarterly dividend of $0.51 per share (annualized $2.04, ~1.9% yield).
• Apollo is facing a securities class action tied to reporting about historical ties to Jeffrey Epstein, with multiple plaintiff firms soliciting lead plaintiffs, raising the risk of legal costs, regulatory scrutiny, and share‑price volatility.

Legal & General Group Plc raised its stake in Apollo Global Management Inc. (NYSE:APO - Free Report) by 5.7% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,455,982 shares of the financial services provider's stock after acquiring an additional 186,292 shares during the quarter. Legal & General Group Plc owned approximately 0.60% of Apollo Global Management worth $460,579,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Delos Wealth Advisors LLC acquired a new stake in shares of Apollo Global Management during the 2nd quarter worth $25,000. Atlantic Union Bankshares Corp lifted its position in 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 acquiring an additional 99 shares in the last quarter. SJS Investment Consulting Inc. grew its holdings in Apollo Global Management by 1,123.5% during the 3rd quarter. SJS Investment Consulting Inc. now owns 208 shares of the financial services provider's stock valued at $28,000 after purchasing an additional 191 shares in the last quarter. Nemes Rush Group LLC acquired a new stake in shares of Apollo Global Management during the second quarter valued at about $30,000. Finally, Sound Income Strategies LLC purchased a new stake in Apollo Global Management during the 3rd quarter worth approximately $28,000. 77.06% of the stock is owned by hedge funds and other institutional investors.

Apollo Global Management Price Performance

NYSE:APO opened at $108.23 on Wednesday. The company has a fifty day moving average price of $129.79 and a 200 day moving average price of $132.58. 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 stock has a market cap of $62.59 billion, a P/E ratio of 19.61, a PEG ratio of 0.87 and a beta of 1.61. Apollo Global Management Inc. has a one year low of $99.56 and a one year high of $157.28.

Apollo Global Management (NYSE:APO - Get Free Report) 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 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 period in the previous year, the business posted $2.39 earnings per share. The company's quarterly revenue was up .8% on a year-over-year basis. Analysts anticipate that Apollo Global Management Inc. will post 8 earnings per share for the current year.

Apollo Global Management Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 27th. Stockholders 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 dividend on an annualized basis and a dividend yield of 1.9%. Apollo Global Management's payout ratio is presently 36.96%.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on APO. The Goldman Sachs Group reissued a "buy" rating and issued a $165.00 price objective on shares of Apollo Global Management in a report on Monday, February 9th. BMO Capital Markets set a $136.00 price target on Apollo Global Management and gave the company a "market perform" rating in a report on Tuesday, November 25th. UBS Group dropped 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 research report on Friday, February 20th. Barclays cut their price objective on Apollo Global Management from $158.00 to $131.00 and set an "overweight" rating for the company in a report on Monday, March 2nd. Finally, Weiss Ratings restated a "hold (c)" rating on shares of Apollo Global Management in a report on Monday, December 29th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $159.47.

Key Apollo Global Management News

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

• Positive Sentiment: Apollo agreed to sell a majority stake in TAKKION to Siris, trimming exposure to a capital‑intensive renewables technology investment and crystallizing value from that holding. Siris Agrees to Acquire a Majority Stake in TAKKION from Apollo Funds
• Positive Sentiment: Market coverage frames the TAKKION exit as resetting Apollo’s renewable exposure and supporting the thesis that shares were undervalued by that overhang, a narrative that can bolster investor sentiment. Apollo TAKKION Exit Resets Renewable Exposure And Undervalued Share Story
• Positive Sentiment: Apollo is launching its first long‑term asset fund in the U.K. (CG Apollo Global Diversified Credit LTAF) aimed at defined‑contribution pension schemes — a product that can create recurring management and performance fee streams and expand the firm’s distribution. Apollo to Launch First Long-Term Asset Fund in the UK
• Positive Sentiment: Apollo is set to complete its acquisition of a stake in Atlético Madrid this week — a strategic sports/marketing asset that can diversify fee‑earning and alternative investment exposures. Apollo to complete Atletico Madrid stake acquisition this week
• Neutral Sentiment: Industry hire: Bloomberg reports Irenic has hired Apollo’s Wang as it builds private‑equity capabilities for a hedge fund — a personnel move that signals Apollo talent is sought after but doesn’t materially affect Apollo’s near‑term fundamentals. Irenic Hires Apollo’s Wang in Private Equity Push for Hedge Fund
• Negative Sentiment: Major negative: a securities class action has been filed after reporting (FT/CNN) about Apollo’s historical business ties to Jeffrey Epstein. That reporting, and the lawsuit alleging material nondisclosures, raise reputational and legal risks that could lead to regulatory scrutiny, settlements or management distraction. Apollo Global Management (APO) Faces Securities Class Action Amid Questions Related to Business with Epstein - Hagens Berman
• Negative Sentiment: Multiple plaintiff firms (Pomerantz, Faruqi, Rosen, Glancy, Bronstein, Schall and others) are soliciting lead plaintiffs and reminding investors of a May 1, 2026 deadline — signaling coordinated litigation activity that increases the probability of material legal costs, discovery burdens, and share‑price volatility. APO INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Reminds Apollo Global Management (APO) Investors of Securities Class Action Deadline on May 1, 2026

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.