Richard Bernstein Advisors LLC Trims Stock Position in Apollo Global Management Inc. $APO

Key Points

• Richard Bernstein Advisors cut its stake in Apollo Global Management (APO) by 54.5% in Q3, selling 13,325 shares and leaving 11,144 shares valued at $1.485 million, while institutional investors still hold about 77% of the stock.
• Securities class action lawsuits tied to reporting on Apollo’s historical business links to Jeffrey Epstein have been filed and multiple plaintiff firms are soliciting lead plaintiffs ahead of a May 1, 2026 deadline, raising potential legal, financial and reputational risks.
• Positive strategic moves — including the sale of a majority stake in TAKKION to Siris, the launch of a U.K. long‑term asset fund for defined‑contribution pensions, and completion of an Atlético Madrid stake — could trim renewables exposure, expand fee‑earning products and bolster investor sentiment.

Richard Bernstein Advisors LLC cut its holdings in Apollo Global Management Inc. (NYSE:APO - Free Report) by 54.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,144 shares of the financial services provider's stock after selling 13,325 shares during the quarter. Richard Bernstein Advisors LLC's holdings in Apollo Global Management were worth $1,485,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of APO. Delos Wealth Advisors LLC purchased a new stake in Apollo Global Management in the 2nd quarter valued at approximately $25,000. Atlantic Union Bankshares Corp increased its position in Apollo Global Management by 99.0% during the third quarter. Atlantic Union Bankshares Corp now owns 199 shares of the financial services provider's stock worth $27,000 after buying an additional 99 shares in the last quarter. Sound Income Strategies LLC purchased a new position in Apollo Global Management during the third quarter worth $28,000. SJS Investment Consulting Inc. raised its holdings in shares of Apollo Global Management by 1,123.5% in the third quarter. SJS Investment Consulting Inc. now owns 208 shares of the financial services provider's stock worth $28,000 after acquiring an additional 191 shares during the last quarter. Finally, Nemes Rush Group LLC purchased a new stake in shares of Apollo Global Management in the second quarter valued at $30,000. 77.06% of the stock is currently owned by institutional investors and hedge funds.

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 Stock Performance

Shares of APO stock opened at $108.23 on Wednesday. The stock has a market capitalization of $62.59 billion, a price-to-earnings ratio of 19.61, a PEG ratio of 0.87 and a beta of 1.61. The company's 50-day simple moving average is $129.79 and its 200-day simple moving average is $132.58. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.31 and a current ratio of 1.31. 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 issued its earnings results on Monday, February 9th. The financial services provider reported $2.47 earnings per share (EPS) for the quarter, topping 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%. The firm's quarterly revenue was up .8% on a year-over-year basis. During the same period in the previous year, the company earned $2.39 EPS. Equities analysts anticipate that Apollo Global Management Inc. will post 8 earnings per share 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. 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 annualized dividend and a dividend yield of 1.9%. Apollo Global Management's dividend payout ratio (DPR) is 36.96%.

Analyst Ratings Changes

APO has been the subject of a number of recent research reports. The Goldman Sachs Group reiterated a "buy" rating and set a $165.00 price objective on shares of Apollo Global Management in a research report on Monday, February 9th. Wolfe Research reiterated an "outperform" rating on shares of Apollo Global Management in a report on Wednesday, January 7th. Royal Bank Of Canada initiated coverage on shares of Apollo Global Management in a research note on Monday, February 23rd. They set a "sector perform" rating and a $142.00 price objective on the stock. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of Apollo Global Management in a report on Tuesday, February 10th. Finally, JPMorgan Chase & Co. dropped their target price 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. Two analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $159.47.

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.

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.