Apollo Global Management Inc. $APO Holdings Raised by State of Alaska Department of Revenue

15 Oct 2026, 18:05 by Danessa Lincoln · The Markets Daily

State of Alaska Department of Revenue increased its stake in Apollo Global Management Inc. (NYSE:APO – Free Report) by 196.8% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 134,113 shares of the financial services provider’s stock after buying an additional 88,922 shares during the quarter. State of Alaska Department of Revenue’s holdings in Apollo Global Management were worth $15,565,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Legal & General Group Plc acquired a new position in Apollo Global Management in the second quarter worth approximately $459,987,000. Bank of New York Mellon Corp bought a new position in shares of Apollo Global Management in the second quarter valued at $336,644,000. Temasek Holdings Private Ltd increased its holdings in shares of Apollo Global Management by 214.4% in the first quarter. Temasek Holdings Private Ltd now owns 2,368,162 shares of the financial services provider’s stock valued at $263,861,000 after buying an additional 1,614,813 shares in the last quarter. Deutsche Bank AG bought a new position in shares of Apollo Global Management in the second quarter valued at $172,290,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of Apollo Global Management during the 2nd quarter valued at $136,528,000. Institutional investors and hedge funds own 77.06% of the company’s stock.

Apollo Global Management Trading Down 0.5%

Shares of NYSE:APO traded down $0.58 during mid-day trading on Thursday, hitting $112.81. The stock had a trading volume of 1,647,264 shares, compared to its average volume of 4,230,983. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.70 and a current ratio of 1.70. The company has a market cap of $66.62 billion, a PE ratio of 41.31, a P/E/G ratio of 1.03 and a beta of 1.58. Apollo Global Management Inc. has a 12-month low of $99.56 and a 12-month high of $153.29. The company’s 50 day moving average is $127.41 and its 200-day moving average is $125.19.

Apollo Global Management (NYSE:APO – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The financial services provider reported $2.11 earnings per share for the quarter, missing the consensus estimate of $2.16 by ($0.05). Apollo Global Management had a return on equity of 14.01% and a net margin of 5.22%. The firm had revenue of $5.57 billion for the quarter, compared to analysts’ expectations of $5.65 billion. During the same quarter in the previous year, the firm posted $1.92 earnings per share. On average, sell-side analysts predict that Apollo Global Management Inc. will post 8.00 EPS for the current year.

Apollo Global Management Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, August 31st. Stockholders of record on Wednesday, August 19th were given a $0.5625 dividend. This represents a $2.25 annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend was Wednesday, August 19th. Apollo Global Management’s dividend payout ratio (DPR) is 82.42%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on APO. Barclays raised their price objective on Apollo Global Management from $132.00 to $157.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 5th. HSBC began coverage on Apollo Global Management in a research report on Monday, July 20th. They set a “buy” rating and a $145.00 target price on the stock. JPMorgan Chase & Co. upped their target price on Apollo Global Management from $150.00 to $154.00 and gave the company an “overweight” rating in a report on Wednesday, September 2nd. Piper Sandler increased their price target on Apollo Global Management from $156.00 to $159.00 and gave the company an “overweight” rating in a research report on Tuesday, August 4th. Finally, Wall Street Zen upgraded Apollo Global Management from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 18th. Fourteen analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $152.60.

View Our Latest Stock Analysis on APO

Insider Buying and Selling at Apollo Global Management

In other news, CFO Martin Kelly sold 3,000 shares of Apollo Global Management stock in a transaction on Friday, August 14th. The stock was sold at an average price of $140.84, for a total transaction of $422,520.00. Following the transaction, the chief financial officer owned 396,533 shares in the company, valued at approximately $55,847,707.72. The trade was a 0.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 8.30% of the company’s stock.

Apollo Global Management Company Profile

(Free Report)

Apollo Global Management, Inc (NYSE: APO) is a global alternative asset manager that provides investment management and related services to institutional investors, companies, family offices and individual investors. The firm invests across private equity, credit and real assets, with strategies spanning corporate lending, private and public debt, infrastructure, real estate and other long-term investments.