Varma Mutual Pension Insurance Co Has $14.81 Million Position in Apollo Global Management Inc. $APO

Key Points

• Varma Mutual Pension Insurance Co raised its stake in Apollo Global Management by 8.4% in Q4, owning 102,301 shares worth $14.81 million after purchasing an additional 7,900 shares.
• Hedge funds and other institutions own about 77.06% of Apollo's stock, with multiple managers (e.g., Mitsubishi UFJ, Cornerstone, NEOS) materially increasing positions in recent quarters.
• Apollo closed its Hybrid Value Fund III at roughly $6.5 billion and Accord Fund VII at $1.9 billion while Athene launched a new annuity product, moves that support fee-generating growth — though upcoming quarterly earnings could spark short-term volatility.

Varma Mutual Pension Insurance Co grew its holdings in Apollo Global Management Inc. (NYSE:APO - Free Report) by 8.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 102,301 shares of the financial services provider's stock after purchasing an additional 7,900 shares during the period. Varma Mutual Pension Insurance Co's holdings in Apollo Global Management were worth $14,809,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Plato Investment Management Ltd increased its holdings in shares of Apollo Global Management by 100.3% in the third quarter. Plato Investment Management Ltd now owns 10,888 shares of the financial services provider's stock worth $1,440,000 after acquiring an additional 5,452 shares in the last quarter. NEOS Investment Management LLC grew its holdings in shares of Apollo Global Management by 48.7% during the third quarter. NEOS Investment Management LLC now owns 52,506 shares of the financial services provider's stock worth $6,997,000 after buying an additional 17,204 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in shares of Apollo Global Management by 11.0% during the third quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 900,554 shares of the financial services provider's stock worth $120,017,000 after buying an additional 89,439 shares in the last quarter. UMB Bank n.a. grew its holdings in shares of Apollo Global Management by 60.0% during the third quarter. UMB Bank n.a. now owns 109,672 shares of the financial services provider's stock worth $14,616,000 after buying an additional 41,142 shares in the last quarter. Finally, Cornerstone Investment Partners LLC grew its holdings in shares of Apollo Global Management by 23.6% during the third quarter. Cornerstone Investment Partners LLC now owns 630,520 shares of the financial services provider's stock worth $84,029,000 after buying an additional 120,558 shares in the last quarter. Hedge funds and other institutional investors own 77.06% of the company's stock.

Key Apollo Global Management News

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

• Positive Sentiment: Apollo closed its Apollo Hybrid Value Fund III with approximately $6.5 billion of commitments, signalling strong investor demand for Apollo's private credit/credit-hybrid strategies and supporting future management and performance fees. Apollo Hybrid Value Fund III Raises $6.5 Billion
• Positive Sentiment: Apollo closed Accord Fund VII at $1.9 billion, bringing total capital raised across the Accord dislocation complex to $11.6 billion — another sign of durable fundraising and capital available for opportunistic investments. Apollo Closes Accord Fund VII at $1.9 Billion
• Positive Sentiment: Athene (an Apollo subsidiary) launched Athene Amplify 3.0, expanding its RILA annuity product lineup with new buffer options and a simplified single-contract structure — this targets a large and growing annuity market and supports recurring fee/reserve-based earnings for Apollo. Athene Expands RILA Lineup with Launch of Athene Amplify 3.0
• Positive Sentiment: Apollo management (President Jim/Jon Zelter) has publicly discussed transparency in private credit and flagged financing needs around AI and data center projects — messaging that highlights deal pipelines and addressable markets for Apollo’s credit and infrastructure businesses. Apollo Global president says it'll take 'all the markets' to fund AI spending
• Neutral Sentiment: Market attention is also on Apollo’s upcoming quarterly earnings announcement — this short-term event can drive volatility depending on fee-related revenue, realization activity, and mark-to-market in credit and private equity holdings. Apollo Expected to Announce Quarterly Earnings on Wednesday
• Neutral Sentiment: Additional media coverage (CNBC interview and short clips) reiterates management’s focus areas (data-center financing, private credit transparency) but primarily reinforce the narrative above rather than introduce new catalysts. Apollo president John Zelter on transparency in private credit
• Neutral Sentiment: Industry moves such as a new enterprise services firm launched by Anthropic, Blackstone, H&F and Goldman Sachs may reshape competitive dynamics in certain service and deal markets, but direct impact on Apollo is unclear. Anthropic, Blackstone, H&F and Goldman Sachs launch new enterprise services firm
• Neutral Sentiment: Local real estate refinance activity on the Las Vegas Strip is noted in the press but lacks a direct link to Apollo’s near-term earnings or portfolio exposure. Strip Money Shuffle: Venetian Quietly Hunts $2.35 Billion Refi Deal

Apollo Global Management Price Performance

Apollo Global Management stock opened at $129.28 on Tuesday. The stock's fifty day moving average price is $112.94 and its two-hundred day moving average price is $127.29. Apollo Global Management Inc. has a one year low of $99.56 and a one year high of $157.28. 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 market cap of $74.76 billion, a PE ratio of 23.42, a price-to-earnings-growth ratio of 1.17 and a beta of 1.52.

Apollo Global Management (NYSE:APO - Get Free Report) last posted its quarterly earnings data on Monday, February 9th. The financial services provider reported $2.47 EPS for the quarter, topping analysts' consensus estimates of $2.04 by $0.43. Apollo Global Management had a return on equity of 15.25% and a net margin of 10.90%.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 company earned $2.39 EPS. The company's revenue was up .8% on a year-over-year basis. As a group, research analysts expect that Apollo Global Management Inc. will post 8.44 EPS for the current fiscal year.

Apollo Global Management Announces Dividend

The business 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 1.6%. The ex-dividend date was Thursday, February 19th. Apollo Global Management's dividend payout ratio (DPR) is 36.96%.

Analyst Ratings Changes

A number of research firms have recently issued reports on APO. BMO Capital Markets cut their price objective on Apollo Global Management from $135.00 to $116.00 and set a "market perform" rating for the company in a research report on Tuesday, March 24th. The Goldman Sachs Group cut their price objective on Apollo Global Management from $169.00 to $134.00 and set a "buy" rating for the company in a research report on Tuesday, April 7th. Wall Street Zen raised Apollo Global Management from a "sell" rating to a "hold" rating in a research report on Sunday, April 26th. Evercore reaffirmed an "outperform" rating on shares of Apollo Global Management in a research report on Tuesday, April 21st. Finally, Royal Bank Of Canada began coverage on Apollo Global Management in a research report on Monday, February 23rd. They issued a "sector perform" rating and a $142.00 price objective for the company. One equities research 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's stock. According to data from MarketBeat, Apollo Global Management currently has a consensus rating of "Moderate Buy" and a consensus target price of $149.42.

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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