Sumitomo Mitsui Trust Group Inc. Trims Holdings in Apollo Global Management Inc. $APO

Key Points

• Sumitomo Mitsui Trust Group trimmed its position in Apollo Global Management by 7.9% in Q4, selling 82,600 shares and finishing the period with 968,706 shares (about 0.17% of APO) valued at $140.23 million.
• Legal overhang: multiple securities class actions and several law firms soliciting lead‑plaintiff claims have emerged after investigative reports, amplifying the selloff and prompting analysts to lower price targets.
• Operationally, Apollo recently beat quarterly EPS estimates ($2.47 vs. $2.04), pays a $0.51 quarterly dividend (approx. 2.0% yield), and remains heavily institution‑owned (about 77%), with major investors like Vanguard increasing stakes.

Sumitomo Mitsui Trust Group Inc. trimmed its position in Apollo Global Management Inc. (NYSE:APO - Free Report) by 7.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 968,706 shares of the financial services provider's stock after selling 82,600 shares during the period. Sumitomo Mitsui Trust Group Inc. owned about 0.17% of Apollo Global Management worth $140,230,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in APO. Vanguard Group Inc. lifted its holdings in Apollo Global Management by 3.0% in the 3rd quarter. Vanguard Group Inc. now owns 47,419,652 shares of the financial services provider's stock valued at $6,319,617,000 after purchasing an additional 1,377,545 shares in the last quarter. Bessemer Group Inc. lifted its holdings in shares of Apollo Global Management by 31.1% during the 3rd quarter. Bessemer Group Inc. now owns 1,617,228 shares of the financial services provider's stock worth $215,530,000 after acquiring an additional 383,198 shares during the period. Bahl & Gaynor Inc. lifted its holdings in shares of Apollo Global Management by 62.0% during the 3rd quarter. Bahl & Gaynor Inc. now owns 996,727 shares of the financial services provider's stock worth $132,834,000 after acquiring an additional 381,479 shares during the period. Northern Trust Corp lifted its holdings in shares of Apollo Global Management by 7.3% during the 3rd quarter. Northern Trust Corp now owns 4,385,787 shares of the financial services provider's stock worth $584,494,000 after acquiring an additional 299,698 shares during the period. Finally, Select Equity Group L.P. lifted its holdings in shares of Apollo Global Management by 52.9% during the 2nd quarter. Select Equity Group L.P. now owns 689,212 shares of the financial services provider's stock worth $97,779,000 after acquiring an additional 238,327 shares during the period. 77.06% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Apollo Global Management

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

• Positive Sentiment: Analysts expect double‑digit profit growth for APO in the upcoming fiscal first‑quarter report, which could provide a fundamental catalyst if results/guide beat expectations. Apollo Global Management's Quarterly Earnings Preview: What You Need to Know
• Neutral Sentiment: Report that Apollo CEO Marc Rowan’s unit resolved JPMorgan litigation tied to Charlie Javice allegations may remove one legal overhang, but it does not resolve the newer investor suits tied to other allegations. Apollo's Rowan resolves JPMorgan suit regarding Charlie Javice fraud - report
• Negative Sentiment: Hagens Berman (and other firms) have filed/announced a securities class action against APO following investigative reports alleging undisclosed ties; that suit is the focal point of the current selloff and creates litigation risk, potential damages and ongoing legal costs. INVESTOR NOTICE: Apollo Global Management (APO) Investors with Substantial Losses Have Opportunity to Lead Investor Class Action– Hagens Berman
• Negative Sentiment: Multiple national law firms (Glancy Prongay Wolke & Rotter, Rosen, Bronstein Gewirtz & Grossman, Faruqi & Faruqi, The Gross Law Firm, Schall Law Firm, ClaimsFiler, etc.) are soliciting lead‑plaintiff claims ahead of a May 1 deadline — amplifying headlines, legal attention and potential settlement/defense costs. Deadline Alert: Apollo Global Management, Inc. (APO) Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP About Securities Fraud Lawsuit
• Negative Sentiment: Recent analyst moves include Piper Sandler lowering its price target (and reports that Goldman Sachs trimmed expectations), which can reinforce downside by reducing buy‑side conviction and prompting re‑rating risk. Piper Sandler Lowers Apollo Global Management NYSE: APO Price Target to $146.00

Apollo Global Management Trading Up 0.0%

NYSE APO opened at $104.29 on Monday. Apollo Global Management Inc. has a one year low of $99.56 and a one year high of $157.28. The company's 50 day moving average price is $114.29 and its 200 day moving average price is $127.82. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.31 and a current ratio of 1.31. The firm has a market capitalization of $60.31 billion, a price-to-earnings ratio of 18.89, a PEG ratio of 0.92 and a beta of 1.56.

Apollo Global Management (NYSE:APO - Get Free Report) last posted its quarterly 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. Apollo Global Management had a net margin of 10.90% and a return on equity of 15.25%. The firm had revenue of $9.86 billion for the quarter, compared to analyst estimates of $1.19 billion. During the same quarter last year, the firm posted $2.39 earnings per share. Apollo Global Management's revenue for the quarter was up .8% compared to the same quarter last year. On average, sell-side analysts predict that Apollo Global Management Inc. will post 8 EPS for the current year.

Apollo Global Management Dividend Announcement

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

Analysts Set New Price Targets

Several research analysts have recently weighed in on APO shares. Morgan Stanley increased their price objective on shares of Apollo Global Management from $180.00 to $181.00 and gave the stock an "overweight" rating in a report on Tuesday, February 10th. Argus upgraded shares of Apollo Global Management to a "strong-buy" rating in a report on Thursday, February 19th. JPMorgan Chase & Co. cut their price objective on shares of Apollo Global Management from $164.00 to $162.00 and set an "overweight" rating on the stock in a report on Tuesday, February 10th. Royal Bank Of Canada started coverage on shares of Apollo Global Management in a report on Monday, February 23rd. They set a "sector perform" rating and a $142.00 price objective on the stock. Finally, BMO Capital Markets cut their price objective on shares of Apollo Global Management from $135.00 to $116.00 and set a "market perform" rating on the stock in a report on Tuesday, March 24th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $150.75.

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.

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