Waterway Wealth Management LLC Makes New Investment in Apollo Global Management Inc. $APO

Posted by Stanley Muller on Jun 17th, 2026

Waterway Wealth Management LLC bought a new position in shares of Apollo Global Management Inc. (NYSE:APO – Free Report) in the fourth quarter, HoldingsChannel.com reports. The firm bought 8,062 shares of the financial services provider’s stock, valued at approximately $1,167,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Kohmann Bosshard Financial Services LLC acquired a new position in Apollo Global Management during the 4th quarter worth $29,000. Physician Wealth Advisors Inc. lifted its position in Apollo Global Management by 57.8% during the 4th quarter. Physician Wealth Advisors Inc. now owns 262 shares of the financial services provider’s stock worth $38,000 after acquiring an additional 96 shares during the last quarter. Greykasell Wealth Strategies Inc. acquired a new position in Apollo Global Management during the 4th quarter worth $42,000. City Holding Co. lifted its position in Apollo Global Management by 391.9% during the 4th quarter. City Holding Co. now owns 305 shares of the financial services provider’s stock worth $44,000 after acquiring an additional 243 shares during the last quarter. Finally, Cullen Frost Bankers Inc. lifted its position in Apollo Global Management by 54.4% during the 4th quarter. Cullen Frost Bankers Inc. now owns 366 shares of the financial services provider’s stock worth $53,000 after acquiring an additional 129 shares during the last quarter. Institutional investors and hedge funds own 77.06% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on APO. TD Cowen cut their target price on shares of Apollo Global Management from $155.00 to $146.00 and set a “buy” rating for the company in a research report on Monday, May 18th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Apollo Global Management in a research report on Thursday, May 7th. Evercore reaffirmed an “outperform” rating on shares of Apollo Global Management in a research report on Tuesday, April 21st. Weiss Ratings lowered shares of Apollo Global Management from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, May 11th. Finally, Royal Bank Of Canada upped their price objective on shares of Apollo Global Management from $139.00 to $146.00 and gave the company a “sector perform” rating in a research report on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, Apollo Global Management currently has an average rating of “Moderate Buy” and a consensus price target of $151.23.

Get Our Latest Analysis on APO

Insiders Place Their Bets

In related news, insider John P. Zito sold 48,644 shares of the company’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $130.66, for a total value of $6,355,825.04. Following the sale, the insider owned 3,063,696 shares of the company’s stock, 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 legal filing with the SEC, which is available through this hyperlink. 8.30% of the stock is currently owned by insiders.

Apollo Global Management Stock Up 1.7%

Shares of APO opened at $138.41 on Wednesday. The company has a 50-day simple moving average of $126.23 and a 200-day simple moving average of $128.06. The firm 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. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.73 and a current ratio of 1.73. Apollo Global Management Inc. has a 52 week low of $99.56 and a 52 week high of $157.28.

Apollo Global Management (NYSE:APO – Get Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The financial services provider reported $1.94 EPS for the quarter, beating analysts’ consensus estimates of $1.89 by $0.05. The business had revenue of $5.06 billion during the quarter, compared to analyst estimates of $5.19 billion. Apollo Global Management had a net margin of 3.62% and a return on equity of 14.43%. The firm’s revenue for the quarter was down 8.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.82 earnings per share. On average, equities research analysts expect that Apollo Global Management Inc. will post 8.28 earnings per share for the current year.

Apollo Global Management Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Tuesday, May 19th were paid a $0.5625 dividend. The ex-dividend date of this dividend was Tuesday, May 19th. 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%. Apollo Global Management’s payout ratio is presently 143.31%.

Apollo Global Management 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.

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.