Apollo Global Management
APO

$122.16

0.41%

Market Cap: 69.5B

About: Apollo Global Management Inc is an alternative investment manager. It serves various sectors such as chemicals, manufacturing and industrial, natural resources, consumer and retail, consumer services, business services, financial services, leisure, and media and telecom and technology. The company operates in three business segments that are Asset Management, Retirement Services, and Principal Investing. It generates maximum revenue from the Retirement Services segment.

Employees: 4,945

Financials Investment Advice

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 15 analysts

0

News positive %

of 17 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

43% more first-time investments, than exits

New positions opened: 126 | Existing positions closed: 88

26% more repeat investments, than reductions

Existing positions increased: 330 | Existing positions reduced: 262

20% more capital invested

Capital invested by funds: $30.5B [Q4 2023] → $36.6B (+$6.1B) [Q1 2024]

5% more funds holding

Funds holding: 822 [Q4 2023] → 860 (+38) [Q1 2024]

0.34% less ownership

Funds ownership: 57.7% [Q4 2023] → 57.37% (-0.34%) [Q1 2024]

7% less call options, than puts

Call options by funds: $725M | Put options by funds: $783M

25% less funds holding in top 10

Funds holding in top 10: 48 [Q4 2023] → 36 (-12) [Q1 2024]

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Research analyst outlook

15 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$117

4%

downside

Avg. target

$128

4%

upside

High target

$147

20%

upside

15 analyst ratings

13 positive

87%

2 neutral

13%

0 negative

0%

Evercore ISI Group	6%upside $130	Outperform Maintained	15 Jul 2024
Keefe, Bruyette & Woods Michael Brown	15%upside $141	Outperform Maintained	12 Jul 2024
UBS Adam Beatty	1%upside $123	Neutral Maintained	10 Jul 2024
TD Cowen Bill Katz	20%upside $147	Buy Maintained	8 Jul 2024
Jefferies Daniel Fannon	4%downside $117	Hold Maintained	9 May 2024

See Analyst Rankings

Financial journalist opinion

Based on 17 articles about APO published over the past 30 days

Apollo Leads $700M Capital Solution for Sony Music Group

NEW YORK, July 26, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced that, on behalf of its affiliated and third-party insurance clients and other investors, it has provided a $700 million capital solution to Sony Music Group, an affiliate of Sony Group Corporation (“Sony”), for investments in the music industry.

Apollo Leads $700M Capital Solution for Sony Music Group

IGT and Everi rally on $6.3 billion acquisition deal with Apollo

International Game Technology PLC's stock IGT, +0.10% was up by nearly 18% and Everi Holdings Inc.'s stock EVRI, +4.70% was up by nearly 32% in premarket trading after the two lottery companies agreed to be acquired simultaneously by a new holding company owned by affiliates of Apollo Global Management Inc. APO, -0.05%. The all-cash deal values the gaming businesses at about $6.3 billion on a combined basis.

IGT and Everi rally on $6.3 billion acquisition deal with Apollo

IGT's Gaming and Digital Business and Everi to Be Acquired Simultaneously by Apollo Funds in All-Cash Transaction

Companies to Move Forward Under Private Ownership Everi Stockholders to Receive $14.25 Per Share in Cash, Representing a Significant Premium for Stockholders; IGT to Receive $4.05 Billion of Gross Cash Proceeds LONDON and LAS VEGAS , July 26, 2024 /PRNewswire/ -- International Game Technology PLC (NYSE: IGT) ("IGT") and Everi Holdings Inc. (NYSE: EVRI) ("Everi") today announced that they have entered into definitive agreements whereby IGT's Gaming & Digital business ("IGT Gaming") and Everi will be simultaneously acquired by a newly formed holding company owned by funds managed by affiliates of Apollo Global Management, Inc. (NYSE: APO) ("Apollo") (the "Apollo Funds") in an all-cash transaction that values the acquired businesses at approximately $6.3 billion on a combined basis. On February 29, 2024, IGT and Everi announced that they had entered into definitive agreements pursuant to which IGT would separate the IGT Gaming business by way of a taxable spin-off to IGT shareholders and then immediately combine such business with Everi.

IGT's Gaming and Digital Business and Everi to Be Acquired Simultaneously by Apollo Funds in All-Cash Transaction

Apollo to acquire UK parcel delivery company Evri for £2.7 billion

US investment group Apollo has struck a deal to buy UK parcel delivery company Evri, gaining control of a significant competitor to Royal Mail. The acquisition is valued at approximately £2.7 billion, according to sources familiar with the matter.

Apollo to acquire UK parcel delivery company Evri for £2.7 billion

Proactive Investors

Evri joins Royal Mail in receiving private equity takeover offer

Apollo Global Management (NYSE:APO) is taking British parcel giant Evri (formerly Hermes) off the hands of private equity rival Advent International for £2.7 billion. In announcing the deal, Ranjan Sen, managing partner at Advent International, said: “Since we acquired Evri in 2020, we have invested nearly £200 million in transforming the business and further building out its digital capabilities.

Evri joins Royal Mail in receiving private equity takeover offer

New Notified/PRWeek Survey Sheds Light on the Evolving Nature of Influence

Findings Reveal Challenges and Opportunities Across Influencing Stakeholders, Building Trust and AI Adoption Findings Reveal Challenges and Opportunities Across Influencing Stakeholders, Building Trust and AI Adoption

New Notified/PRWeek Survey Sheds Light on the Evolving Nature of Influence

Apollo Funds to Acquire Evri, a Leading UK Parcel Delivery Company, from Advent International

NEW YORK, July 25, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced that Apollo-managed funds (the “Apollo Funds”) have entered into a definitive agreement with Advent International to acquire Evri, one of the UK's largest parcel delivery companies.

Apollo Funds to Acquire Evri, a Leading UK Parcel Delivery Company, from Advent International

Mammoth Solar Wins the 2024 Dual-Use Plan of the Year at the North American Agrivoltaics Awards

Knox, Indiana, July 24, 2024 (GLOBE NEWSWIRE) -- Mammoth Solar, the Doral Renewables' 1.3-gigawatt project across Starke and Pulaski counties in northwest Indiana, was awarded the Dual Use Plan of the Year award in the first edition of the North American Agrivoltaics Awards in a ceremony during the Solar Farm Summit. The project has been recognized for outstanding excellence in innovation for its dual-use solar development design. This prestigious recognition highlights the project's groundbreaking approach to combining large-scale renewable energy generation with sustainable agricultural practices. Mammoth Solar is set to become one of the largest solar renewable energy facilities in the United States. Mammoth Solar is supported by significant investments in science, agronomy, and local farming communities.

Mammoth Solar Wins the 2024 Dual-Use Plan of the Year at the North American Agrivoltaics Awards

Avantor Set to Join S&P MidCap 400; QuidelOrtho & Schneider National to Join S&P SmallCap 600

NEW YORK , July 23, 2024 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600: Avantor Inc. (NYSE:AVTR) will replace QuidelOrtho Corp. (NASD:QDEL) in the S&P MidCap 400, and QuidelOrtho will replace Hibbett Inc. (NASD:HIBB) in the S&P SmallCap 600 effective prior to the opening of trading on Friday, July 26. JD Sports Fashion Plc (XLON: JD) is acquiring Hibbett in a deal expected to close soon pending final closing conditions.

Avantor Set to Join S&P MidCap 400; QuidelOrtho & Schneider National to Join S&P SmallCap 600

U.S. Silica Announces Stockholder Approval of Acquisition by Apollo Funds

KATY, Texas , July 16, 2024 /PRNewswire/ -- U.S. Silica Holdings, Inc. (NYSE: SLCA) (the "Company"), a diversified industrial minerals company and a leading last-mile logistics provider to the oil and gas industry, announced today that its previously announced agreement to be acquired by funds managed by affiliates of Apollo (NYSE: APO) ("Apollo"), one of the world's premier investment firms, in an all-cash transaction (the "Merger"), was approved at a special meeting of the Company's stockholders (the "Special Meeting") on July 16, 2024. The closing of the Merger remains subject to the terms and conditions of the agreement.

U.S. Silica Announces Stockholder Approval of Acquisition by Apollo Funds

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