An apparatus transferring and rotating an object from a retaining station to a releasing station along an annular transfer path, the object has a first orientation in the retaining station which is different from a second orientation in the releasing station; the apparatus includes: a stator having a revolution body provided with a lateral surface on which a first cam profile is formed; a rotor that is rotatable about a first rotation axis with respect to the stator; at least one retaining head of the object connected to the rotor, which has a retaining element coupled to the first cam profile which can be rotated about a second axis of rotation with respect to the rotor; and wherein the stator has a second cam profile and the transferring and rotating apparatus has at least a first annular guide disposed along the transfer path and the head has at least one first slide supporting the retaining element and is slidably coupled to the first annular guide, the first slide being connected to the rotor by way of a respective angular position variation mechanism coupled to the second cam profile to induce the sliding of the first slide into the first annular guide.