Rakuten Investment Management Inc. Purchases 34,828 Shares of Apollo Global Management Inc. $APO

Posted by George Bondi on Jun 17th, 2026

Rakuten Investment Management Inc. grew its position in Apollo Global Management Inc. (NYSE:APO – Free Report) by 139.0% during the fourth quarter, HoldingsChannel reports. The firm owned 59,888 shares of the financial services provider’s stock after buying an additional 34,828 shares during the quarter. Rakuten Investment Management Inc.’s holdings in Apollo Global Management were worth $8,820,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Chesapeake Asset Management LLC raised its position in shares of Apollo Global Management by 3.6% in the fourth quarter. Chesapeake Asset Management LLC now owns 2,065 shares of the financial services provider’s stock valued at $299,000 after purchasing an additional 72 shares during the period. Mitchell & Pahl Private Wealth LLC raised its position in shares of 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 purchasing an additional 80 shares during the period. Sunbelt Securities Inc. raised its position in shares of Apollo Global Management by 16.9% in the third quarter. Sunbelt Securities Inc. now owns 566 shares of the financial services provider’s stock valued at $75,000 after purchasing an additional 82 shares during the period. United Advisor Group LLC increased its position in Apollo Global Management by 4.7% during the fourth quarter. United Advisor Group LLC now owns 1,948 shares of the financial services provider’s stock worth $282,000 after acquiring an additional 87 shares during the period. Finally, Broadway Wealth Solutions Inc. increased its position in Apollo Global Management by 3.8% during the fourth quarter. Broadway Wealth Solutions Inc. now owns 2,388 shares of the financial services provider’s stock worth $346,000 after acquiring an additional 87 shares during the period. Institutional investors own 77.06% of the company’s stock.

Insiders Place Their Bets

In other Apollo Global Management news, insider John P. Zito sold 48,644 shares of Apollo Global Management stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $130.66, for a total transaction of $6,355,825.04. Following the sale, the insider owned 3,063,696 shares in the company, valued at $400,302,519.36. The trade was a 1.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 8.30% of the stock is owned by corporate insiders.

Apollo Global Management Stock Up 1.7%

APO opened at $138.41 on Wednesday. Apollo Global Management Inc. has a fifty-two week low of $99.56 and a fifty-two week high of $157.28. 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 firm’s fifty day moving average price is $126.23 and its two-hundred day moving average price is $128.06. The company has a market capitalization of $79.80 billion, a P/E ratio of 88.16, a P/E/G ratio of 1.17 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 analysts’ consensus estimates of $1.89 by $0.05. Apollo Global Management had a net margin of 3.62% and a return on equity of 14.43%. The firm had revenue of $5.06 billion for the quarter, compared to the consensus estimate of $5.19 billion. During the same quarter in the previous year, the company earned $1.82 earnings per share. The business’s revenue was down 8.8% compared to the same quarter last year. On average, analysts anticipate that Apollo Global Management Inc. will post 8.28 EPS for the current year.

Apollo Global Management Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Tuesday, May 19th were paid a dividend of $0.5625 per share. This is an increase from Apollo Global Management’s previous quarterly dividend of $0.51. This represents a $2.25 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Tuesday, May 19th. Apollo Global Management’s dividend payout ratio is presently 143.31%.

Analyst Upgrades and Downgrades

APO has been the topic of a number of research reports. Royal Bank Of Canada boosted their target price on shares of Apollo Global Management from $139.00 to $146.00 and gave the stock a “sector perform” rating in a research report on Thursday, May 7th. Argus raised shares of Apollo Global Management to a “strong-buy” rating in a research report on Thursday, February 19th. Piper Sandler boosted their target price on shares of Apollo Global Management from $146.00 to $157.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 26th. UBS Group boosted their target price on shares of Apollo Global Management from $138.00 to $158.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. Finally, Morgan Stanley dropped 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 report on Tuesday, April 21st. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $151.23.

View Our Latest Stock Report on Apollo Global Management

About Apollo Global Management

(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.

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.