Argent Capital Management LLC Has $16.40 Million Stake in Apollo Global Management Inc. $APO

NodeGuardian · 2026-03-20T18:08:23+00:00

Argent Capital Management cut its stake in Apollo Global Management by 64%, holding shares valued at $16.4 million amid legal issues. Despite underperformance, analysts still rate it a "Moderate Buy" with a target of $159.47, while other investors increased their positions.

NodeGuardian

2026-03-20 18:08:23

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Argent Capital Management LLC significantly reduced its stake in Apollo Global Management Inc. by 64.0% in Q4, holding 113,289 shares valued at $16.4 million. Despite facing legal and reputational risks related to a class-action lawsuit and underperforming the S&P 500, analysts maintain a “Moderate Buy” rating with an average price target of $159.47, and the company reported an EPS beat and pays a quarterly dividend. Other institutional investors like Vanguard Group Inc. and Amundi, however, increased their positions in Apollo.

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