Wealthfront Advisers LLC Makes New $6.74 Million Investment in Apollo Global Management Inc. $APO

Posted by George Bondi on Aug 20th, 2026

Wealthfront Advisers LLC acquired a new stake in Apollo Global Management Inc. (NYSE:APO – Free Report) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 56,931 shares of the financial services provider’s stock, valued at approximately $6,736,000.

Other large investors have also recently made changes to their positions in the company. Legal & General Group Plc boosted its stake in Apollo Global Management by 4.5% in the fourth quarter. Legal & General Group Plc now owns 3,611,839 shares of the financial services provider’s stock valued at $522,850,000 after acquiring an additional 155,857 shares during the last quarter. Sandro Wealth Management LLC purchased a new stake in shares of Apollo Global Management during the 4th quarter worth approximately $1,599,000. Vanguard Group Inc. raised its holdings in shares of Apollo Global Management by 0.7% in the 4th quarter. Vanguard Group Inc. now owns 47,760,608 shares of the financial services provider’s stock worth $6,913,826,000 after purchasing an additional 340,956 shares during the period. Louisiana State Employees Retirement System bought a new stake in shares of Apollo Global Management in the 1st quarter worth approximately $2,641,000. Finally, State of New Jersey Common Pension Fund D lifted its stake in Apollo Global Management by 6.5% in the fourth quarter. State of New Jersey Common Pension Fund D now owns 148,803 shares of the financial services provider’s stock valued at $21,541,000 after purchasing an additional 9,055 shares during the last quarter. 77.06% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Apollo Global Management

In related news, insider John P. Zito sold 48,644 shares of the business’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 sale, the insider directly owned 3,063,696 shares in the company, valued at approximately $400,302,519.36. The trade was a 1.56% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Martin Kelly sold 3,000 shares of the stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $140.84, for a total value of $422,520.00. Following the sale, the chief financial officer directly owned 396,533 shares in the company, valued at $55,847,707.72. This trade represents a 0.75% decrease in their position. The disclosure for this sale is available in the SEC filing. 8.30% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on APO shares. UBS Group increased their price objective on Apollo Global Management from $157.00 to $172.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. TD Cowen restated a “buy” rating on shares of Apollo Global Management in a research note on Thursday, August 6th. HSBC assumed coverage on Apollo Global Management in a research report on Monday, July 20th. They set a “buy” rating and a $145.00 price target on the stock. Royal Bank Of Canada increased their price target on Apollo Global Management from $137.00 to $146.00 and gave the stock a “sector perform” rating in a research note on Wednesday, August 5th. Finally, Piper Sandler decreased their price objective on Apollo Global Management from $157.00 to $156.00 and set an “overweight” rating for the company in a report on Monday, July 13th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $152.77.

Get Our Latest Report on Apollo Global Management

Apollo Global Management Stock Down 0.2%

APO opened at $133.59 on Thursday. Apollo Global Management Inc. has a 12 month low of $99.56 and a 12 month high of $153.29. The company has a market cap of $78.89 billion, a PE ratio of 48.94, a price-to-earnings-growth ratio of 1.20 and a beta of 1.51. The company has a current ratio of 1.70, a quick ratio of 1.70 and a debt-to-equity ratio of 0.34. The company has a 50 day moving average of $126.74 and a 200 day moving average of $122.71.

Apollo Global Management (NYSE:APO – Get Free Report) last issued its earnings results on Tuesday, August 4th. The financial services provider reported $2.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.16 by ($0.05). The business had revenue of $5.57 billion for the quarter, compared to the consensus estimate of $5.65 billion. Apollo Global Management had a net margin of 5.22% and a return on equity of 14.01%. During the same period in the previous year, the firm earned $1.92 EPS. On average, sell-side analysts expect that Apollo Global Management Inc. will post 8.12 EPS for the current year.

Apollo Global Management Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, August 31st. Stockholders of record on Wednesday, August 19th will be given a $0.5625 dividend. The ex-dividend date is Wednesday, August 19th. This represents a $2.25 annualized dividend and a dividend yield of 1.7%. Apollo Global Management’s payout ratio is 82.42%.

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.