Kerusso Capital Management LLC Acquires 9,335 Shares of Apollo Global Management Inc. $APO

Kerusso Capital Management LLC grew its holdings in Apollo Global Management Inc. (NYSE:APO) by 31.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 38,750 shares of the financial services provider’s stock after purchasing an additional 9,335 shares during the period. Apollo Global Management makes up about 2.6% of Kerusso Capital Management LLC’s portfolio, making the stock its 5th biggest position. Kerusso Capital Management LLC’s holdings in Apollo Global Management were worth $5,609,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of APO. Chesapeake Asset Management LLC lifted its position in shares of Apollo Global Management by 3.6% during the 4th quarter. Chesapeake Asset Management LLC now owns 2,065 shares of the financial services provider’s stock worth $299,000 after buying an additional 72 shares during the last quarter. Linden Thomas Advisory Services LLC grew its position in Apollo Global Management by 1.4% in the third quarter. Linden Thomas Advisory Services LLC now owns 5,553 shares of the financial services provider’s stock valued at $740,000 after acquiring an additional 78 shares during the last quarter. Mitchell & Pahl Private Wealth LLC grew its position in Apollo Global Management by 0.8% in the fourth quarter. Mitchell & Pahl Private Wealth LLC now owns 9,553 shares of the financial services provider’s stock valued at $1,383,000 after acquiring an additional 80 shares during the last quarter. Sunbelt Securities Inc. raised its stake in Apollo Global Management by 16.9% during the third quarter. Sunbelt Securities Inc. now owns 566 shares of the financial services provider’s stock worth $75,000 after acquiring an additional 82 shares in the last quarter. Finally, Cynosure Group LLC raised its stake in Apollo Global Management by 2.6% during the third quarter. Cynosure Group LLC now owns 3,385 shares of the financial services provider’s stock worth $451,000 after acquiring an additional 85 shares in the last quarter. Institutional investors and hedge funds own 77.06% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on APO shares. Argus upgraded shares of Apollo Global Management to a “strong-buy” rating in a research note on Thursday, February 19th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Apollo Global Management in a research report on Tuesday, February 10th. Evercore restated an “outperform” rating on shares of Apollo Global Management in a research report on Tuesday. Morgan Stanley decreased their target price on shares of Apollo Global Management from $181.00 to $165.00 and set an “overweight” rating on the stock in a research note on Tuesday. Finally, BMO Capital Markets lowered their price target on shares of Apollo Global Management from $135.00 to $116.00 and set a “market perform” rating for the company in a report on Tuesday, March 24th. One investment 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. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $149.42.

Key Stories Impacting Apollo Global Management

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

• Positive Sentiment: Apollo is reported to be nearing a roughly $1.6 billion purchase of Forvia’s auto-interiors unit, a deal that would add a manufacturing business to Apollo’s private assets and increase fee-earning scale. Article Title
• Positive Sentiment: Apollo Funds agreed to buy a 40% interest in Pembina Gas Infrastructure from KKR—a large infrastructure stake that diversifies Apollo’s energy holdings and creates predictable fee/income streams. Article Title
• Positive Sentiment: TD Cowen reiterated a Buy rating on APO, which supports the view that analysts still see earnings/fee-growth potential despite recent headlines. Article Title
• Neutral Sentiment: Apollo is expanding alternative investments (e.g., bets on European hostels), indicating continued deployment of capital into niche real-asset opportunities; these are longer-horizon value drivers and less likely to move near-term pricing. Article Title
• Negative Sentiment: Multiple law firms have filed or are soliciting lead-plaintiff actions against Apollo over alleged undisclosed ties to Jeffrey Epstein; widespread class-action publicity increases legal and reputational risk and is likely the main driver of the stock’s weakness today. Representative notice: Hagens Berman investor alert. Article Title
• Negative Sentiment: Coverage noting shareholders suing Apollo for failure to disclose Epstein ties amplifies litigation headlines and could pressure valuation multiples until resolution or clearer management disclosures. Article Title

Apollo Global Management Stock Performance

NYSE:APO opened at $124.85 on Friday. The stock’s 50-day moving average is $112.87 and its 200-day moving average is $127.23. Apollo Global Management Inc. has a 1-year low of $99.56 and a 1-year high of $157.28. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 0.33. The stock has a market cap of $72.19 billion, a P/E ratio of 22.62, a price-to-earnings-growth ratio of 1.15 and a beta of 1.56.

Apollo Global Management (NYSE:APO) last issued its quarterly earnings data on Monday, February 9th. The financial services provider reported $2.47 earnings per share (EPS) for the quarter, beating 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 business had revenue of $9.86 billion during the quarter, compared to analyst estimates of $1.19 billion. During the same quarter last year, the business earned $2.39 EPS. The firm’s quarterly revenue was up .8% on a year-over-year basis. Equities research analysts anticipate that Apollo Global Management Inc. will post 8.47 earnings per share for the current year.

Apollo Global Management Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Thursday, February 19th were paid a dividend of $0.51 per share. The ex-dividend date of this dividend was Thursday, February 19th. This represents a $2.04 annualized dividend and a dividend yield of 1.6%. Apollo Global Management’s dividend payout ratio (DPR) is presently 36.96%.

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.