Apollo Global Management, Inc. (APO) is a leading global alternative asset manager headquartered in New York City. With a market cap of $76.1 billion, it specializes in credit, private equity, real estate, infrastructure, and secondary, serving institutional and individual investors worldwide.
Companies valued at $10 billion or more are generally considered “large-cap” stocks, and Apollo Global Management fits this criterion perfectly. The firm’s ability to generate consistent fee-related and spread-related earnings, even in volatile markets, reflects its disciplined investment approach and deep credit expertise. Apollo’s strong dealmaking capabilities, global expansion, and record asset inflows further reinforce its leadership in the alternative asset space, positioning it for sustained growth and strategic flexibility.
However, the asset manager has fallen nearly 29.8% from its 52-week high of $189.49 met on Dec. 9. Apollo Global Management shares have declined 3.2% over the past three months, lagging behind the broader Dow Jones Industrial Average’s ($DOWI) 1.4% rise during the same time frame.
APO shares have declined 19.4% year-to-date, underperforming the Dow Jones Industrial Average’s marginal pullback during the same period. However, over the past 12 months, Apollo Global Management has delivered a solid 13.4% return, outpacing the Dow’s 8.6% gain and showcasing its longer-term strength.
APO has been trading below its 200-day moving averages since late March but has edged above the 50-day moving average since early June.
Apollo Global’s shares slipped 1.8% on May 2 after posting Q1 results that weighed on investor sentiment. A significant drag came from its Retirement Services unit, which recorded $828 million in investment-related losses, marking a sharp contrast to the $1.7 billion gain reported in the prior-year quarter. As a result, total revenue fell 21.2% year-over-year to $5.5 billion. While adjusted net income rose 5.2% to $1.1 billion, the figure missed Wall Street estimates, contributing to the market’s muted reaction.
However, in contrast, rival Blackstone Inc. (BX) has underperformed APO, dipping 20.3% on a YTD basis, and 11.9% rise over the past year
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