Elevation Point Wealth Partners LLC Acquires New Holdings in Apollo Global Management Inc. $APO

Posted by Geri Gentry on Aug 24th, 2026

Elevation Point Wealth Partners LLC bought a new stake in Apollo Global Management Inc. (NYSE:APO – Free Report) during the second quarter, Holdings Channel.com reports. The institutional investor bought 10,315 shares of the financial services provider’s stock, valued at approximately $1,220,000.

A number of other hedge funds have also recently made changes to their positions in the stock. Bank of New York Mellon Corp purchased a new stake in Apollo Global Management in the second quarter valued at approximately $336,644,000. Boston Partners lifted its position in shares of Apollo Global Management by 106.7% during the fourth quarter. Boston Partners now owns 3,278,862 shares of the financial services provider’s stock worth $474,384,000 after purchasing an additional 1,692,532 shares in the last quarter. Temasek Holdings Private Ltd boosted its position in Apollo Global Management by 214.4% in the 1st quarter. Temasek Holdings Private Ltd now owns 2,368,162 shares of the financial services provider’s stock valued at $263,861,000 after buying an additional 1,614,813 shares during the period. Deutsche Bank AG acquired a new position in shares of Apollo Global Management in the second quarter worth $172,290,000. Finally, Focus Partners Wealth raised its stake in shares of Apollo Global Management by 2,560.3% in the fourth quarter. Focus Partners Wealth now owns 1,404,576 shares of the financial services provider’s stock valued at $203,324,000 after acquiring an additional 1,351,778 shares in the last quarter. Hedge funds and other institutional investors own 77.06% of the company’s stock.

Apollo Global Management Stock Performance

Shares of Apollo Global Management stock opened at $132.63 on Monday. The firm has a market capitalization of $78.32 billion, a P/E ratio of 48.58, a P/E/G ratio of 1.20 and a beta of 1.51. The company has a quick ratio of 1.70, a current ratio of 1.70 and a debt-to-equity ratio of 0.34. Apollo Global Management Inc. has a 52 week low of $99.56 and a 52 week high of $153.29. The firm’s 50 day moving average is $126.64 and its two-hundred day moving average is $122.68.

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 the consensus estimate of $2.16 by ($0.05). The company had revenue of $5.57 billion during the quarter, compared to analyst estimates 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 quarter in the previous year, the company posted $1.92 EPS. Research analysts forecast that Apollo Global Management Inc. will post 8.08 EPS for the current fiscal year.

Apollo Global Management Announces Dividend

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

Insider Buying and Selling

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

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. TD Cowen reissued a “buy” rating on shares of Apollo Global Management in a research note on Thursday, August 6th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Apollo Global Management in a research note on Thursday, May 7th. Keefe, Bruyette & Woods raised Apollo Global Management to a “hold” rating in a research report on Monday, July 20th. Weiss Ratings raised shares of Apollo Global Management from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday. Finally, Wall Street Zen upgraded shares of Apollo Global Management from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 18th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $152.77.

Check Out Our Latest Stock Analysis 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.