
Financials · Asset Management & Custody Banks
$138.79
+6.03%
Vol: 384K
Monday, June 15, 2026
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.
Apollo announced the final close of Hybrid Value Fund III at ~$6.5B in total commitments and closed Accord Fund VII at $1.9B (bringing the Accord Dislocation Series to $11.6B raised since 2017). Q1 2026 results reported May 6 showed AUM topping $1.03 trillion with record fee-related earnings, though headline GAAP results included a basic EPS loss of $3.24 on revenue of ~$5.0B. Apollo also declared a $0.5625 quarterly dividend payable May 29, completed the Prosol Group acquisition in France, and announced a $770M secondary offering of ADT shares (102M shares at $7.30-$7.55). Shares are up 21.3% over the trailing 30 days but down 12.8% YTD. Risk: trailing net margin compressed to 3.7% from 13.8% a year earlier, raising questions about earnings quality even as fundraising momentum stays strong.
Apollo Global Management reported Q1 2026 results on May 6 with adjusted net income rising 8% to $1.21 billion or $1.94 per share, beating the $1.88 consensus estimate. The company eclipsed $1 trillion in assets under management for the first time on record first-quarter inflows. Total AUM reached $1.026 trillion with fee-generating AUM of $836 billion. Revenue was $5.06 billion versus $5.19 billion forecast. Apollo closed Accord Fund VII at $1.9 billion and Hybrid Value Fund III at $6.5 billion. A dividend of $0.5625 per share was declared, payable May 29. Stock declined 1.34% post-earnings as investors focused on revenue miss and growth concerns despite AUM milestone.
Apollo Global Management reported Q1 2026 results with record fee-related earnings and AUM surpassing $1.03T milestone as of March 31. Board declared raised dividend of $0.5625/sh (paid May 29). Company announced final close of Apollo Accord Fund VII with $1.9B commitments (May 4), bringing Accord Dislocation Series to $11.6B since 2017. Apollo Hybrid Value Fund III closed at $6.5B. Strategic: Tenneco IPO poised to value company at $14B. Private credit now $40T+ asset class, largely investment grade. Stock gained +1.35% ($1.74) to close at $130.46. Jennison Associates reduced stake by 41.4% in Q4. 3 buy ratings, zero sells; 9 analyst PTs average $146. Risk: private credit redemption pressures, IPO valuation execution, market disruption exposure.
Apollo Global Management closed Accord Fund VII at $1.9B in commitments on May 4, bringing total Accord series to $11.6B since 2017. Company reports Q1 earnings May 6 with EPS expectations of $1.98 and $1.22B revenue. Goldman Sachs and Barclays maintain Buy ratings; BofA lowered price target to $139 from $170. Private credit redemption pressures mounting as withdrawal gates limited to 5% amid AI-disrupted SaaS firm concerns.
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| BLKBLACKROCK | $1,048.01 | -1.48% | -2.0% | 17.5x | 1.46 | $165.1B |
| BXBLACKSTONE | $127.78 | +7.77% | +1.3% | 15.7x | 1.63 | $144.9B |
| BKBANK | $137.16 | +0.00% | +0.4% | 14.2x | 1.07 | $94.1B |
| KKRKKR | $99.74 | +5.26% | -1.3% | 12.8x | 1.85 | $88.4B |
| APOAPOLLO | $138.79 | +6.03% | -2.4% | 12.3x | 1.52 | $75.5B |
| STTSTATE | $169.28 | +10.14% | -0.0% | 11.1x | 1.46 | $42.5B |
Price above both MAs — bullish structure.