
Financials · Asset Management & Custody Banks
$137.79
-0.81%
Vol: 3.1M
Friday, June 19, 2026
No material news in the last 48 hours.
No material news in the last 48 hours.
No material news in the last 48 hours.
No material news in the last 48 hours.
No material news in the last 48 hours.
No material news in the last 48 hours. The landmark $35B Broadcom AI XPV Platform capital solution with Blackstone was announced June 9, before the 2026-06-12 cutoff.
No material news in the last 48 hours. Recent catalysts (May 12 Noble Environmental majority stake acquisition, May 11 Emerald/Questex deal, and May 6 Q1 earnings with AUM crossing $1 trillion) all predate the 48-hour window.
Apollo Global Management is in an active capital-deployment window in May 2026. The firm closed Apollo Accord Fund VII at $1.9 billion in commitments, bringing the Accord Dislocation Series to $11.6 billion since 2017. Apollo also disclosed a plan to raise up to $770 million through a secondary public offering of roughly 102 million ADT shares. The Q1 2026 dividend of $0.5625/share is scheduled to pay May 29 to holders of record May 19. Recent analyst actions include Deutsche Bank lifting its price target to $160 from $140 and Barclays raising its target to $131 from $125. The Q1 print earlier this month showed AUM crossing $1 trillion and fee-related earnings up 30% YoY to $728M.
Apollo Global Management's $0.562 per share quarterly cash dividend went ex-date on May 19, 2026, marking the first trading day shareholders new to the stock will not receive the upcoming payment. The dividend follows a year of record execution in which Apollo generated over $300 billion of origination and more than $225 billion in inflows during 2025, supporting record fee and spread related earnings. Apollo is simultaneously executing a B2B media rollup, having entered definitive agreements to acquire Emerald Holding for ~$1.5 billion and Questex in all-cash deals to create a leading North American B2B experiential events and media platform. The bear case centers on integration risk across multiple acquisitions, sensitivity of spread-related earnings to credit conditions, and the stock trading near analyst price targets after a strong run. Recent analyst sentiment is mixed-to-positive, with Barclays' Benjamin Budish raising his price target to $131 from $125 and maintaining an Overweight rating.
On May 6, 2026 Apollo reported Q1 2026 results showing record fee-related earnings and AUM that surpassed $1 trillion (~$1.03T as of March 31, 2026), per CEO Marc Rowan. Apollo declared a $0.5625 per share quarterly dividend payable May 29 to holders of record May 19. On May 4, Apollo closed Accord Fund VII at $1.9 billion in total commitments, bringing the Accord Dislocation Series to $11.6 billion raised since 2017 and targeting dislocated liquid credit and issuer-driven opportunities. On May 11, Apollo-managed funds entered definitive agreements to acquire Emerald Holding and Questex to create a leading North American B2B events platform, expected to close in 2H 2026 subject to closing conditions. UBS raised its price target to $158 from $138 (Buy), and Deutsche Bank lifted to $160 from $140 on May 7. Shares traded around $129.19 on May 4, with Moderate Buy consensus.
Apollo Funds acquired a majority stake in Noble Environmental, Inc. on May 12 and announced on May 11 the acquisition of Emerald and Questex to create a leading North American B2B events platform. Apollo Funds also completed the acquisition of Prosol Group on May 7. Apollo closed Accord Fund VII at $1.9B on May 4, bringing the Accord Dislocation Series to $11.6B since 2017. The board declared a $0.5625 Q1 cash dividend payable May 29 to holders of record May 19. Q1 results (May 6) showed adjusted net income of $1.94 (vs $1.88 consensus) and AUM surpassing $1 trillion ($1.03T). JPMorgan reaffirmed Buy on May 7; Barclays raised PT to $131 from $125. Stock trades around $152 with Moderate Buy consensus.
On May 12, Apollo-managed funds acquired a majority interest in Noble Environmental, a vertically integrated waste management platform in the Northeast, Mid-Atlantic and Midwest. On May 11, Apollo announced funds will acquire Emerald and Questex to form a leading North American B2B events platform, and on May 7 closed a majority stake in Prosol Group. Apollo's Q1 results on May 6 showed fee-related earnings up 30% YoY to $728M with AUM crossing $1 trillion. The firm closed Accord Fund VII at $1.9 billion on May 4, bringing the Accord Dislocation Series to $11.6 billion since 2017. A $0.5625 dividend is payable May 29. The risk is private credit market stress, though Bloomberg reports Apollo is emerging as an early winner from the recent panic.
Apollo-managed funds acquired a majority stake in Noble Environmental, a vertically integrated waste management company operating landfills, transfer stations, and renewable natural gas facilities across the Northeast, Mid-Atlantic, and Midwest. Apollo AUM crossed $1 trillion (now ~$1.03T as of March 31), and Q1 ANI of $1.94 beat $1.88 consensus on record fee-related earnings. Apollo is also reportedly in talks to sell a $3B private credit fund and plans daily valuations for private-credit funds by end of September. CEO Marc Rowan has publicly warned of a market correction and criticized rival insurers. Analyst Moderate Buy consensus with $146.71 average PT.
Apollo Global Management surpassed $1 trillion in AUM for the first time, reporting Q1 2026 adjusted net income of $1.21B or $1.94/share, beating the $1.88 consensus. The firm is emerging as an early winner from private credit panic, posting record fee-related earnings and inflows. The Board declared a $0.5625 quarterly dividend payable May 29 to holders of record May 19. On May 4, Apollo closed Accord Fund VII at $1.9B in commitments, bringing the Accord Dislocation Series to $11.6B raised since 2017. On May 11, Apollo-managed funds announced separate definitive agreements to acquire Emerald Holding and Questex for ~$1.5B combined to create a leading North American B2B events platform, expected to close in 2H 2026. Trailing net profit margin compressed to 3.7% from 13.8% a year earlier, signaling some profitability pressure despite AUM growth.
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| BLKBLACKROCK | $1,050.83 | -0.62% | -0.1% | 17.3x | 1.43 | $171.0B |
| BXBLACKSTONE | $124.01 | -0.80% | +6.0% | 16.4x | 1.58 | $151.3B |
| BKBANK | $137.16 | +0.00% | +5.0% | 14.2x | 1.07 | $94.1B |
| KKRKKR | $96.93 | -0.25% | +2.8% | 13.1x | 1.79 | $90.5B |
| APOAPOLLO | $137.79 | -0.81% | +4.0% | 13.0x | 1.49 | $79.3B |
| STTSTATE | $168.73 | -1.39% | +9.2% | 12.2x | 1.45 | $46.6B |
Price above both MAs — bullish structure.