Apple Inc. $AAPL Stock Holdings Lifted by Huntleigh Advisors Inc.

Huntleigh Advisors Inc. lifted its position in shares of Apple Inc. (NASDAQ:AAPL) by 1.5% during the fourth quarter, Holdings Channel reports. The institutional investor owned 111,526 shares of the iPhone maker’s stock after purchasing an additional 1,669 shares during the period. Apple makes up approximately 5.1% of Huntleigh Advisors Inc.’s investment portfolio, making the stock its 2nd biggest position. Huntleigh Advisors Inc.’s holdings in Apple were worth $30,319,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Reyes Financial Architecture Inc. lifted its stake in shares of Apple by 0.4% during the 3rd quarter. Reyes Financial Architecture Inc. now owns 9,898 shares of the iPhone maker’s stock valued at $2,520,000 after buying an additional 37 shares in the last quarter. WESPAC Advisors LLC lifted its stake in Apple by 0.3% in the 4th quarter. WESPAC Advisors LLC now owns 12,326 shares of the iPhone maker’s stock worth $3,351,000 after purchasing an additional 39 shares in the last quarter. American Alpha Advisors LLC lifted its stake in Apple by 3.7% in the 3rd quarter. American Alpha Advisors LLC now owns 1,151 shares of the iPhone maker’s stock worth $293,000 after purchasing an additional 41 shares in the last quarter. Seven Springs Wealth Group LLC lifted its stake in Apple by 0.3% in the 3rd quarter. Seven Springs Wealth Group LLC now owns 15,451 shares of the iPhone maker’s stock worth $3,934,000 after purchasing an additional 42 shares in the last quarter. Finally, Avant Capital LLC lifted its stake in Apple by 0.9% in the 3rd quarter. Avant Capital LLC now owns 4,814 shares of the iPhone maker’s stock worth $1,226,000 after purchasing an additional 43 shares in the last quarter. Hedge funds and other institutional investors own 67.73% of the company’s stock.

Apple News Summary

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple is reportedly cutting prices in China ahead of the June 18 “618” shopping holiday, a move that could boost unit sales and help defend market share in a key region, according to Wedbush. Dear Apple Stock Fans, Mark Your Calendars for June 18
• Positive Sentiment: Apple was highlighted as a top-ranked momentum stock by Zacks, reinforcing the idea that the shares continue to attract technical and style-based buying interest. Apple (AAPL) is a Top-Ranked Momentum Stock: Should You Buy?
• Positive Sentiment: Memorial Day tech promotions featuring Apple products may support short-term demand and keep the brand top of mind with consumers during a heavy shopping period. Memorial Day tech sales are live: Save up to 50% off on some of our favorite gadgets at Amazon, Apple, Best Buy and more
• Neutral Sentiment: Several commentary pieces framed Apple as a core mega-cap stock, but they did not introduce new fundamentals that would materially change the near-term outlook. Instead of Chasing Alpha, Here Are 4 Ways to Pick the Low-Hanging Apples
• Neutral Sentiment: Other articles discussed Apple in broader tech or portfolio contexts, including comparisons with Microsoft and ETF exposure, which are more informational than stock-moving on their own. Apple vs. Microsoft: What Their Revenue Trends Reveal for Investors
• Negative Sentiment: Huawei’s new smartphone chip plans add another competitive overhang for Apple, raising concerns about iPhone demand in China and the broader premium-phone market. Huawei unveils new smartphone chips this fall as rivalry with Nvidia and Apple heats up
• Negative Sentiment: A Bloomberg report said Apple’s Watch and health strategy needs a reboot to stay competitive, suggesting wearables remain an area where rivals could gain ground. Apple’s Watch and Health Efforts Need Reboot to Rival New Wearables
• Negative Sentiment: Some opinion pieces argued Apple may eventually lose momentum versus other mega-cap winners, which could weigh on sentiment even though these were long-term speculative takes rather than immediate catalysts. 3 Reasons Apple Will Be Booted From The Magnificent 7 By The End Of 2030

Insider Activity at Apple

In other Apple news, SVP Deirdre O’brien sold 30,002 shares of the company’s stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $255.35, for a total value of $7,661,010.70. Following the transaction, the senior vice president directly owned 136,810 shares in the company, valued at $34,934,433.50. This represents a 17.99% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Ben Borders sold 1,274 shares of the company’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $290.00, for a total transaction of $369,460.00. Following the completion of the transaction, the insider owned 38,713 shares in the company, valued at $11,226,770. This represents a 3.19% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 97,759 shares of company stock valued at $24,964,305 over the last 90 days. 0.06% of the stock is currently owned by insiders.

Analyst Ratings Changes

AAPL has been the topic of several research analyst reports. Monness Crespi & Hardt boosted their price target on shares of Apple from $315.00 to $335.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. KeyCorp reiterated a “sector weight” rating on shares of Apple in a research note on Thursday, March 12th. JPMorgan Chase & Co. boosted their price target on shares of Apple from $315.00 to $325.00 and gave the stock an “overweight” rating in a research note on Friday, January 30th. Royal Bank Of Canada set a $325.00 price target on shares of Apple in a research note on Monday, February 2nd. Finally, Phillip Securities upgraded shares of Apple from a “moderate sell” rating to a “hold” rating in a research note on Sunday, February 1st. One analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $308.74.

Apple Stock Performance

Apple stock opened at $308.82 on Tuesday. The company’s 50-day moving average price is $270.70 and its 200-day moving average price is $268.90. Apple Inc. has a twelve month low of $193.46 and a twelve month high of $311.40. The company has a quick ratio of 1.02, a current ratio of 1.07 and a debt-to-equity ratio of 0.70. The company has a market cap of $4.54 trillion, a PE ratio of 37.34, a price-to-earnings-growth ratio of 2.69 and a beta of 1.06.

Apple (NASDAQ:AAPL) last posted its earnings results on Thursday, April 30th. The iPhone maker reported $2.01 earnings per share for the quarter, topping analysts’ consensus estimates of $1.95 by $0.06. The firm had revenue of $111.18 billion for the quarter, compared to the consensus estimate of $109.46 billion. Apple had a net margin of 27.15% and a return on equity of 146.69%. The business’s quarterly revenue was up 16.6% on a year-over-year basis. During the same period in the previous year, the firm posted $1.65 EPS. On average, equities research analysts forecast that Apple Inc. will post 8.74 EPS for the current fiscal year.

Apple Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, May 14th. Shareholders of record on Monday, May 11th were paid a $0.27 dividend. The ex-dividend date was Monday, May 11th. This represents a $1.08 dividend on an annualized basis and a yield of 0.3%. This is an increase from Apple’s previous quarterly dividend of $0.26. Apple’s payout ratio is currently 13.06%.

About Apple

Apple Inc (NASDAQ: AAPL) is a multinational technology company headquartered in Cupertino, California, founded in 1976 by Steve Jobs, Steve Wozniak and Ronald Wayne. The company designs, develops and sells consumer electronics, software and services. Over its history Apple has evolved from personal computers to a broad portfolio that spans mobile devices, wearables, home entertainment and digital services.

Apple’s principal hardware products include the iPhone smartphone, iPad tablet, Mac personal computers, Apple Watch wearable devices and a range of accessories such as AirPods and HomePod.