Apollo Global Management, Inc. (NYSE:APO) on Friday announced that Apollo-managed funds have invested $1 billion in subordinated hybrid notes issued by Aldar Properties PJSC, a leading UAE-based real estate developer and investment manager.
Details
This marks the fifth investment in the company since 2022 and brings total commitments to approximately $2.9 billion to date.
This investment aims to enhance Aldar’s balance sheet flexibility and support its growth agenda, which includes landbank replenishment and strategic expansions and acquisitions.
The transaction is noted as one of the largest foreign direct investments in Abu Dhabi’s private sector, further solidifying Apollo’s role as a capital partner for leading global companies.
Aldar’s ongoing expansion and robust performance have been highlighted by its management, reflecting confidence in its financial strategy and growth trajectory.
Faisal Falaknaz, Group Chief Financial and Sustainability Officer at Aldar, said, “The issuance provides Aldar with long-term, flexible capital that enhances balance sheet resilience and supports our ability to capitalise on attractive opportunities across our core markets.”
“Importantly, it elevates Aldar’s share of stable, recurring income generated by AIP’s high-quality, diversified portfolio, which will continue to expand through acquisitions and our substantial develop-to-hold pipeline that is now valued at close to $5 billion.”
Technical Analysis
Currently, Apollo’s stock is trading 8.9% below its 20-day simple moving average (SMA) and 15% below its 50-day SMA, indicating a bearish trend in the short term. Over the past 12 months, shares have decreased by 24.52% and are positioned closer to their 52-week lows than highs, reflecting ongoing challenges in the market.
The RSI is at 30.20, which is considered neutral territory, while the MACD shows a value of -4.4798, below its signal line at -3.6453, indicating bearish pressure on the stock. The combination of neutral RSI and bearish MACD suggests mixed momentum.
- Key Resistance: $140.00
- Key Support: $118.00
Earnings & Analyst Outlook
Apollo Global Management is slated to provide its next financial update on May 1, 2026.
- EPS Estimate: $2.08 (Up from $1.82)
- Revenue Estimate: $1.23 billion (Down from $5.55 billion)
- Valuation: P/E of 18.3x (Indicates fair valuation)
Analyst Consensus & Recent Actions: The stock carries a Buy Rating with an average price target of $166.18. Recent analyst moves include:
- JP Morgan: Overweight (Lowers Target to $162.00) (Feb. 10)
- Piper Sandler: Overweight (Maintains Target to $165.00) (Feb. 10)
- Morgan Stanley: Overweight (Raises Target to $181.00) (Feb. 10)
Benzinga Edge Rankings
Below is the Benzinga Edge scorecard for Apollo Global Management, highlighting its strengths and weaknesses compared to the broader market:
- Value: 68.15 — The stock is fairly valued relative to its peers.
- Growth: 82.55 — Indicates strong growth potential.
- Momentum: 13.63 — The stock is underperforming the broader market.
The Verdict: Apollo Global Management’s Benzinga Edge signal reveals a mixed outlook. While the strong growth score suggests potential, the low momentum score indicates the stock is currently underperforming, suggesting caution for investors.
Top ETF Exposure
- SPDR Bloomberg Convertible Securities ETF (NYSE:CWB): 0.94% Weight
- First Trust Growth Strength ETF (NASDAQ:FTGS): 2.48% Weight
- VanEck Alternative Asset Manager ETF (NYSE:GPZ): 7.98% Weight
Significance: Because APO carries significant weight in these funds, any significant inflows or outflows for these ETFs will likely force automatic buying or selling of the stock.
APO Price Action: Apollo Global Management shares were up 0.30% at $118.70 in after-hours trading on Thursday, according to Benzinga Pro data.
Image by Piotr Swat via Shutterstock
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