Elevation Point Wealth Partners LLC Increases Stake in Apollo Global Management Inc. $APO

Posted by Brenda Bartman on Jul 8th, 2026

Elevation Point Wealth Partners LLC raised its position in Apollo Global Management Inc. (NYSE:APO – Free Report) by 167.0% in the 1st quarter, Holdings Channel reports. The fund owned 6,942 shares of the financial services provider’s stock after acquiring an additional 4,342 shares during the period. Elevation Point Wealth Partners LLC’s holdings in Apollo Global Management were worth $773,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Chesapeake Asset Management LLC boosted its holdings in Apollo Global Management by 3.6% in the 4th 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 in the last quarter. Mitchell & Pahl Private Wealth LLC lifted its holdings in shares of Apollo Global Management by 0.8% in the 4th quarter. Mitchell & Pahl Private Wealth LLC now owns 9,553 shares of the financial services provider’s stock valued at $1,383,000 after buying an additional 80 shares during the period. Sunbelt Securities Inc. lifted its holdings in shares of Apollo Global Management by 16.9% in the 3rd quarter. Sunbelt Securities Inc. now owns 566 shares of the financial services provider’s stock valued at $75,000 after buying an additional 82 shares during the period. United Advisor Group LLC boosted its stake in shares of Apollo Global Management by 4.7% in the fourth quarter. United Advisor Group LLC now owns 1,948 shares of the financial services provider’s stock valued at $282,000 after buying an additional 87 shares in the last quarter. Finally, Broadway Wealth Solutions Inc. boosted its stake in shares of Apollo Global Management by 3.8% in the fourth quarter. Broadway Wealth Solutions Inc. now owns 2,388 shares of the financial services provider’s stock valued at $346,000 after buying an additional 87 shares in the last quarter. 77.06% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have issued reports on APO. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Apollo Global Management in a research report on Thursday, May 7th. TD Cowen lowered their price target on shares of Apollo Global Management from $155.00 to $146.00 and set a “buy” rating on the stock in a research note on Monday, May 18th. Morgan Stanley cut their price target on shares of Apollo Global Management from $181.00 to $165.00 and set an “overweight” rating for the company in a report on Tuesday, April 21st. UBS Group raised their price objective on shares of Apollo Global Management from $138.00 to $158.00 and gave the company a “buy” rating in a research note on Friday, May 8th. Finally, Weiss Ratings downgraded shares of Apollo Global Management from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, May 11th. 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 data from MarketBeat.com, Apollo Global Management has an average rating of “Moderate Buy” and a consensus price target of $151.23.

Read Our Latest Stock Report on Apollo Global Management

Apollo Global Management Stock Down 2.3%

APO opened at $119.32 on Wednesday. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.73 and a current ratio of 1.73. The company has a market cap of $68.79 billion, a price-to-earnings ratio of 76.00, a PEG ratio of 1.05 and a beta of 1.50. Apollo Global Management Inc. has a one year low of $99.56 and a one year high of $157.28. The business’s fifty day moving average is $128.64 and its two-hundred day moving average is $126.45.

Apollo Global Management (NYSE:APO – Get Free Report) last released its quarterly earnings results on Wednesday, May 6th. The financial services provider reported $1.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.89 by $0.05. Apollo Global Management had a return on equity of 14.43% and a net margin of 3.62%.The business had revenue of $5.06 billion during the quarter, compared to the consensus estimate of $5.19 billion. During the same quarter in the previous year, the company posted $1.82 EPS. The business’s revenue was down 8.8% on a year-over-year basis. Analysts anticipate that Apollo Global Management Inc. will post 8.27 EPS for the current fiscal year.

Apollo Global Management Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Tuesday, May 19th were paid a $0.5625 dividend. This represents a $2.25 annualized dividend and a yield of 1.9%. 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. Apollo Global Management’s dividend payout ratio is presently 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 value of $6,355,825.04. Following the completion of the transaction, the insider directly 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 document filed with the SEC, which can be accessed through the SEC website. Insiders own 8.30% of the company’s stock.

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.