Marble Wealth LLC Purchases New Shares in Apollo Global Management Inc. $APO

03 Jun 2026, 13:06 by Kim Johansen · The Markets Daily

Marble Wealth LLC purchased a new stake in shares of Apollo Global Management Inc. (NYSE:APO – Free Report) during the 4th quarter, Holdings Channel reports. The institutional investor purchased 15,653 shares of the financial services provider’s stock, valued at approximately $2,266,000.

Several other hedge funds also recently made changes to their positions in APO. Schnieders Capital Management LLC. bought a new stake in shares of Apollo Global Management during the second quarter valued at approximately $7,954,000. Baird Financial Group Inc. boosted its position in shares of Apollo Global Management by 117.5% during the second quarter. Baird Financial Group Inc. now owns 16,118 shares of the financial services provider’s stock valued at $2,287,000 after purchasing an additional 8,709 shares in the last quarter. Gamco Investors INC. ET AL raised its stake in Apollo Global Management by 4.8% during the second quarter. Gamco Investors INC. ET AL now owns 6,690 shares of the financial services provider’s stock valued at $949,000 after buying an additional 305 shares during the last quarter. Nebula Research & Development LLC purchased a new position in Apollo Global Management during the second quarter valued at $722,000. Finally, Northern Right Capital Management L.P. raised its stake in Apollo Global Management by 1.5% during the second quarter. Northern Right Capital Management L.P. now owns 172,991 shares of the financial services provider’s stock valued at $24,542,000 after buying an additional 2,500 shares during the last quarter. 77.06% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. JPMorgan Chase & Co. lowered their price objective 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. Weiss Ratings cut Apollo Global Management from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, May 11th. Morgan Stanley lowered their price objective on Apollo Global Management from $181.00 to $165.00 and set an “overweight” rating for the company in a research note on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Apollo Global Management in a research note on Thursday, May 7th. Finally, BMO Capital Markets decreased their price target on Apollo Global Management from $135.00 to $116.00 and set a “market perform” rating for the company in a research note on Tuesday, March 24th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $151.23.

Get Our Latest Stock Analysis on APO

Apollo Global Management Stock Up 0.3%

APO stock opened at $128.65 on Wednesday. Apollo Global Management Inc. has a 1-year low of $99.56 and a 1-year high of $157.28. The business has a fifty day moving average price of $121.48 and a 200-day moving average price of $127.88. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.73 and a quick ratio of 1.73. The stock has a market capitalization of $74.17 billion, a P/E ratio of 81.94, a P/E/G ratio of 1.10 and a beta of 1.50.

Apollo Global Management (NYSE:APO – Get Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The financial services provider reported $1.94 earnings per share for the quarter, topping the consensus estimate of $1.89 by $0.05. The firm had revenue of $5.06 billion during the quarter, compared to analysts’ expectations of $5.19 billion. Apollo Global Management had a return on equity of 14.43% and a net margin of 3.62%.The company’s revenue was down 8.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.82 earnings per share. Equities analysts forecast that Apollo Global Management Inc. will post 8.28 earnings per share for the current fiscal year.

Apollo Global Management Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Tuesday, May 19th were given a dividend of $0.5625 per share. This represents a $2.25 dividend on an annualized basis and a yield of 1.7%. This is a boost from Apollo Global Management’s previous quarterly dividend of $0.51. The ex-dividend date was Tuesday, May 19th. Apollo Global Management’s dividend payout ratio (DPR) is currently 143.31%.

Insider Buying and Selling

In related news, insider John P. Zito sold 48,644 shares of the company’s stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $130.66, for a total transaction of $6,355,825.04. Following the completion of the sale, the insider owned 3,063,696 shares in the company, valued at approximately $400,302,519.36. This represents a 1.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company 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 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.