GFL Environmental To Sell Stake In Environmental Services Business: Debt Reduction & Stock Buyback On The Cards
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 07 2025
0mins
Should l Buy APO?
Source: Benzinga
GFL Environmental Inc. Sale Agreement: GFL Environmental announced a deal to sell its Environmental Services business to Apollo Global Management and BC Partners for an enterprise value of C$8.0 billion, while retaining a 44% equity interest and expecting net cash proceeds of approximately C$6.2 billion.
Financial Strategy Post-Transaction: GFL plans to use up to C$3.75 billion of the proceeds to repay debt and C$2.25 billion for share repurchases, aiming to improve its balance sheet and accelerate its path to an investment-grade credit rating.
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Analyst Views on APO
Wall Street analysts forecast APO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for APO is 162.77 USD with a low forecast of 136.00 USD and a high forecast of 186.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
13 Analyst Rating
12 Buy
1 Hold
0 Sell
Strong Buy
Current: 126.080
Low
136.00
Averages
162.77
High
186.00
Current: 126.080
Low
136.00
Averages
162.77
High
186.00
About APO
Apollo Global Management, Inc. is a global alternative asset manager and a retirement services provider. It operates through three segments: Asset Management, Retirement Services and Principal Investing. The Asset Management segment focuses on three investing strategies: yield, hybrid, and equity. These strategies reflect the range of investment capabilities across its platform based on relative risk and return. The Retirement Services business is conducted by Athene Holding Ltd (Athene), a financial services company that specializes in issuing, reinsuring, and acquiring retirement savings products designed for the increasing number of individuals and institutions seeking to fund retirement needs. Athene product lines include annuities and funding agreements. The Principal Investing segment includes realized performance fee income, realized investment income from its balance sheet investments, and certain allocable expenses related to corporate functions supporting the entire company.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Apollo Stock Jumps Following Earnings Report, Seeking Positive Momentum.
- Earnings Report: Apollo Global Management reported quarterly earnings that exceeded expectations.
- Stock Performance: Following the earnings report, shares of Apollo Global Management experienced an increase.
See More
Apollo Global Management Declares Quarterly Dividend
- Quarterly Dividend Announcement: Apollo Global Management has declared a quarterly dividend of $0.51 per share, consistent with previous distributions, reflecting the company's stable cash flow and shareholder return strategy.
- Earnings Beat Expectations: In Q3, Apollo reported a non-GAAP EPS of $2.47, exceeding expectations by $0.43, indicating strong performance amid improving market conditions and boosting investor confidence.
- Significant Revenue Growth: The company achieved revenues of $9.86 billion in Q3, surpassing market expectations by $8.66 billion, showcasing its robust performance in asset management and a rebound in market demand.
- Dividend Payment Schedule: The dividend is set to be paid on February 27, with a record date of February 19 and an ex-dividend date also on February 19, ensuring timely returns for shareholders and further solidifying the company's relationship with investors.
See More
Apollo Global Management Reports Strong Q4 Results
- Earnings Growth: Apollo Global Management reported an adjusted EPS of $2.47 for Q4, surpassing the analyst estimate of $2.04 and increasing from $2.17 in Q3 and $2.22 in Q4 2024, indicating a significant improvement in profitability.
- Management Fee Increase: Management fees rose to $942 million in Q4, exceeding the Visible Alpha estimate of $923 million, and up from $863 million in Q3 and $742 million a year ago, reflecting strong performance in asset management.
- Increased Capital Deployment: Capital deployment grew to $113 billion in Q4 from $99 billion in Q3, while origination activity exceeded $300 billion, showcasing the company's active presence and competitiveness in the market.
- Asset Management Expansion: Total assets under management reached $938 billion at the end of Q4, beating the Visible Alpha consensus and increasing from $908 billion on September 30, 2025, and $751 billion on December 31, 2024, demonstrating the company's success in attracting investments.
See More
S&P 500 Futures Drop in Pre-Market Session; Kyndryl Holdings and Hims & Hers Health Underperform
Market Opening: U.S. stock markets are set to open in two hours.
Dynatrace Inc. Performance: Dynatrace Inc. (DT) saw a 13.9% increase in pre-market trading.
Kroger Co. Performance: Kroger Co. (KR) experienced a 5.0% rise in pre-market trading.
Overall Market Sentiment: The pre-market gains indicate positive sentiment among investors for these companies.
See More
Apollo Global Management Q3 Earnings Exceed Expectations
- Earnings Beat: Apollo Global Management reported a non-GAAP EPS of $2.47 for Q3, exceeding expectations by $0.43, indicating strong profitability despite ongoing credit market concerns.
- Significant Revenue Growth: The company achieved revenues of $9.86 billion in Q3, surpassing market expectations by $8.66 billion, reflecting robust demand in asset management and an increase in market share, further solidifying its industry position.
- Fee-Related Earnings Surge: Apollo's fee-related earnings rose by 22.8% year-over-year, demonstrating effective strategies in managing fees and investment returns, which enhances profitability and investor confidence.
- Future Outlook: Despite uncertainties in the current credit market, Apollo Global Management is set to present its strategic plans at the upcoming Goldman Sachs 2025 U.S. Financial Services Conference, indicating confidence in future growth and proactive positioning.
See More
Apollo Global Management Q4 Earnings Exceed Expectations
- Earnings Beat: Apollo Global Management reported a Q4 non-GAAP EPS of $2.47, surpassing estimates by $0.43, which reflects a significant enhancement in profitability and boosts investor confidence.
- Revenue Surge: The company achieved $9.86 billion in revenue for Q4, marking an 86.7% year-over-year increase and exceeding expectations by $8.66 billion, indicating robust market performance and business expansion capabilities.
- Record Fee-Related Earnings: In 2025, Apollo reported record FRE of $690 million and SRE of $3.4 billion, with a 23% year-over-year growth, showcasing strong potential in alternative investment income and operational efficiency.
- AUM Growth: Apollo's total AUM reached $938 billion by 2025, benefiting from $42 billion in inflows during Q4 and a record $228 billion for the year, driving a 25% year-over-year increase and solidifying its market leadership.
See More
Apollo Stock Jumps Following Earnings Report, Seeking Positive Momentum.
- Earnings Report: Apollo Global Management reported quarterly earnings that exceeded expectations.
- Stock Performance: Following the earnings report, shares of Apollo Global Management experienced an increase.
See More
Apollo Global Management Declares Quarterly Dividend
- Quarterly Dividend Announcement: Apollo Global Management has declared a quarterly dividend of $0.51 per share, consistent with previous distributions, reflecting the company's stable cash flow and shareholder return strategy.
- Earnings Beat Expectations: In Q3, Apollo reported a non-GAAP EPS of $2.47, exceeding expectations by $0.43, indicating strong performance amid improving market conditions and boosting investor confidence.
- Significant Revenue Growth: The company achieved revenues of $9.86 billion in Q3, surpassing market expectations by $8.66 billion, showcasing its robust performance in asset management and a rebound in market demand.
- Dividend Payment Schedule: The dividend is set to be paid on February 27, with a record date of February 19 and an ex-dividend date also on February 19, ensuring timely returns for shareholders and further solidifying the company's relationship with investors.
See More
Apollo Global Management Reports Strong Q4 Results
- Earnings Growth: Apollo Global Management reported an adjusted EPS of $2.47 for Q4, surpassing the analyst estimate of $2.04 and increasing from $2.17 in Q3 and $2.22 in Q4 2024, indicating a significant improvement in profitability.
- Management Fee Increase: Management fees rose to $942 million in Q4, exceeding the Visible Alpha estimate of $923 million, and up from $863 million in Q3 and $742 million a year ago, reflecting strong performance in asset management.
- Increased Capital Deployment: Capital deployment grew to $113 billion in Q4 from $99 billion in Q3, while origination activity exceeded $300 billion, showcasing the company's active presence and competitiveness in the market.
- Asset Management Expansion: Total assets under management reached $938 billion at the end of Q4, beating the Visible Alpha consensus and increasing from $908 billion on September 30, 2025, and $751 billion on December 31, 2024, demonstrating the company's success in attracting investments.
See More
S&P 500 Futures Drop in Pre-Market Session; Kyndryl Holdings and Hims & Hers Health Underperform
Market Opening: U.S. stock markets are set to open in two hours.
Dynatrace Inc. Performance: Dynatrace Inc. (DT) saw a 13.9% increase in pre-market trading.
Kroger Co. Performance: Kroger Co. (KR) experienced a 5.0% rise in pre-market trading.
Overall Market Sentiment: The pre-market gains indicate positive sentiment among investors for these companies.
See More
Apollo Global Management Q3 Earnings Exceed Expectations
- Earnings Beat: Apollo Global Management reported a non-GAAP EPS of $2.47 for Q3, exceeding expectations by $0.43, indicating strong profitability despite ongoing credit market concerns.
- Significant Revenue Growth: The company achieved revenues of $9.86 billion in Q3, surpassing market expectations by $8.66 billion, reflecting robust demand in asset management and an increase in market share, further solidifying its industry position.
- Fee-Related Earnings Surge: Apollo's fee-related earnings rose by 22.8% year-over-year, demonstrating effective strategies in managing fees and investment returns, which enhances profitability and investor confidence.
- Future Outlook: Despite uncertainties in the current credit market, Apollo Global Management is set to present its strategic plans at the upcoming Goldman Sachs 2025 U.S. Financial Services Conference, indicating confidence in future growth and proactive positioning.
See More
Apollo Global Management Q4 Earnings Exceed Expectations
- Earnings Beat: Apollo Global Management reported a Q4 non-GAAP EPS of $2.47, surpassing estimates by $0.43, which reflects a significant enhancement in profitability and boosts investor confidence.
- Revenue Surge: The company achieved $9.86 billion in revenue for Q4, marking an 86.7% year-over-year increase and exceeding expectations by $8.66 billion, indicating robust market performance and business expansion capabilities.
- Record Fee-Related Earnings: In 2025, Apollo reported record FRE of $690 million and SRE of $3.4 billion, with a 23% year-over-year growth, showcasing strong potential in alternative investment income and operational efficiency.
- AUM Growth: Apollo's total AUM reached $938 billion by 2025, benefiting from $42 billion in inflows during Q4 and a record $228 billion for the year, driving a 25% year-over-year increase and solidifying its market leadership.
See More
