Apple Inc. $AAPL is Northstar Group Inc.’s 4th Largest Position

Northstar Group Inc. lowered its stake in shares of Apple Inc. (NASDAQ:AAPL) by 2.3% during the first quarter, Holdings Channel reports. The institutional investor owned 150,063 shares of the iPhone maker’s stock after selling 3,585 shares during the period. Apple comprises about 5.4% of Northstar Group Inc.’s portfolio, making the stock its 4th biggest position. Northstar Group Inc.’s holdings in Apple were worth $38,085,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Integral Investment Advisors Inc. increased its holdings in Apple by 9.7% in the first quarter. Integral Investment Advisors Inc. now owns 51,999 shares of the iPhone maker’s stock valued at $13,197,000 after buying an additional 4,593 shares in the last quarter. Koshinski Asset Management Inc. lifted its position in shares of Apple by 1.0% during the 1st quarter. Koshinski Asset Management Inc. now owns 166,814 shares of the iPhone maker’s stock valued at $42,302,000 after acquiring an additional 1,711 shares during the period. Geremia Financial Services LLC boosted its stake in shares of Apple by 0.9% during the 1st quarter. Geremia Financial Services LLC now owns 39,590 shares of the iPhone maker’s stock worth $10,048,000 after acquiring an additional 341 shares in the last quarter. Beacon Financial Advisory LLC boosted its stake in shares of Apple by 2.4% during the 1st quarter. Beacon Financial Advisory LLC now owns 35,881 shares of the iPhone maker’s stock worth $9,106,000 after acquiring an additional 845 shares in the last quarter. Finally, Tanglewood Legacy Advisors LLC grew its holdings in shares of Apple by 8.6% in the 1st quarter. Tanglewood Legacy Advisors LLC now owns 16,844 shares of the iPhone maker’s stock worth $4,275,000 after acquiring an additional 1,331 shares during the period. 67.73% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the company. KGI Securities downgraded Apple from an “outperform” rating to a “hold” rating and set a $315.00 price objective for the company. in a research note on Monday, June 22nd. Wedbush reiterated an “outperform” rating and set a $400.00 target price on shares of Apple in a research report on Friday, June 5th. Barclays reissued an “underweight” rating on shares of Apple in a report on Tuesday, June 9th. HSBC upgraded Apple from a “hold” rating to a “buy” rating and set a $366.00 price target for the company in a research report on Thursday. Finally, Oppenheimer reiterated a “market perform” rating on shares of Apple in a research report on Tuesday, June 9th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $318.43.

Insiders Place Their Bets

In related news, insider Ben Borders sold 116 shares of the business’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $295.14, for a total value of $34,236.24. Following the completion of the transaction, the insider owned 38,713 shares of the company’s stock, valued at approximately $11,425,754.82. The trade was a 0.30% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Kevan Parekh sold 1,534 shares of the company’s stock in a transaction dated Thursday, April 23rd. The shares were sold at an average price of $275.00, for a total transaction of $421,850.00. Following the completion of the transaction, the chief financial officer owned 13,366 shares in the company, valued at approximately $3,675,650. This trade represents a 10.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 2,924 shares of company stock worth $825,546. Corporate insiders own 0.06% of the company’s stock.

Apple Price Performance

AAPL stock opened at $333.26 on Friday. Apple Inc. has a 1 year low of $201.50 and a 1 year high of $334.68. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.02 and a current ratio of 1.07. The stock’s 50 day moving average price is $302.80 and its 200 day moving average price is $276.70. The firm has a market cap of $4.89 trillion, a P/E ratio of 40.30, a PEG ratio of 2.84 and a beta of 1.10.

Apple (NASDAQ:AAPL) last announced its earnings results on Thursday, April 30th. The iPhone maker reported $2.01 EPS for the quarter, beating analysts’ consensus estimates of $1.95 by $0.06. The firm had revenue of $111.18 billion for the quarter, compared to analysts’ expectations of $109.46 billion. Apple had a return on equity of 146.69% and a net margin of 27.15%.Apple’s quarterly revenue was up 16.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.65 EPS. On average, sell-side analysts expect that Apple Inc. will post 8.76 earnings per share for the current fiscal year.

Apple Increases Dividend

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

Key Stories Impacting Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: China approved Apple Intelligence for iPhones, clearing a major hurdle for Apple’s delayed AI rollout in its biggest international market. Reports also say Alibaba’s Qwen and Baidu models will help power the experience, which should support Apple’s AI adoption story. Alibaba and Baidu shares jump in Hong Kong on Apple AI partnership
• Positive Sentiment: Several market commentators say Apple is benefiting from a “standard oil” style strategy: keep monetizing a massive installed base through hardware, services, and selective ecosystem expansion rather than chasing capital-intensive AI infrastructure. That narrative is helping justify the stock’s record highs. Why Apple’s ‘Standard Oil’ Strategy Is Driving the Stock to All-Time Highs
• Positive Sentiment: Warren Buffett reiterated that Apple remains one of Berkshire Hathaway’s favorite holdings, easing some investor concern about the planned CEO transition from Tim Cook. Warren Buffett Just Reaffirmed Apple as One of His Favorite Stocks
• Neutral Sentiment: KeyCorp raised earnings estimates for Apple for several future periods, but kept an Underweight rating and a $250 price target, signaling improving fundamentals while still warning that valuation is rich. Apple Inc. research notes and analyst updates
• Neutral Sentiment: Apple is reportedly exploring acquisitions of chip startups to strengthen its AI server and custom silicon efforts. That could help long-term competitiveness, but the impact is still speculative. Apple chasing AI chip company deals, The Information reports
• Negative Sentiment: Some reports say Apple’s iPhone manufacturing costs are rising because of higher component prices, and that could pressure margins if Apple can’t fully offset those costs with pricing or mix improvements. Apple’s New iPhone Is Going to Cost Significantly More Than Last Year
• Negative Sentiment: Apple is also facing scrutiny from U.S. lawmakers over its China memory-chip sourcing plans, adding a political and supply-chain overhang to the AI and hardware story. AAPL’s China Memory Chip Plans Draw National Security Scrutiny

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.