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ResolvedStocks

Smithbridge Asset Management Boosts Apollo Global Stake by 37%, Expands Defense Holdings

First Detected: Jun 11, 2026, 11:00 PM
Last Update: 3 months ago
10 articles·3 stories

Event Summary

Smithbridge Asset Management increased its stake in Apollo Global by 37% to $19.3 million while expanding its defense sector holdings in firms like Lockheed Martin and Textron. Throughout June, Apollo Global also saw significant position increases and new entries from Cobalt Capital, Archon Partners, and Diversified Trust Co. The company currently maintains a 'Moderate Buy' consensus rating with an average target price of $151.23.

Timeline

Institutional Investors Boost Stakes in Apollo Global Amid Growing Confidence
Jun 18, 2026, 10:39 AMImpact: 4

Price Impact

Since event start
APO-0.18%
LMT-4.26%
AJG+18.92%
GD+0.15%
TXT-15.34%
CMI-16.81%