Apple Inc. $AAPL is Palacios Wealth Management LLC’s 3rd Largest Position

Palacios Wealth Management LLC lessened its holdings in Apple Inc. (NASDAQ:AAPL) by 5.8% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 27,753 shares of the iPhone maker’s stock after selling 1,703 shares during the period. Apple accounts for approximately 5.8% of Palacios Wealth Management LLC’s holdings, making the stock its 3rd biggest position. Palacios Wealth Management LLC’s holdings in Apple were worth $7,545,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Sellwood Investment Partners LLC increased its stake in Apple by 110.9% in the 3rd quarter. Sellwood Investment Partners LLC now owns 135 shares of the iPhone maker’s stock worth $34,000 after buying an additional 71 shares in the last quarter. ROSS JOHNSON & Associates LLC increased its stake in Apple by 1,800.0% in the 1st quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker’s stock worth $42,000 after buying an additional 180 shares in the last quarter. LSV Asset Management purchased a new stake in Apple in the 4th quarter worth $65,000. PayPay Securities Corp increased its stake in Apple by 52.1% in the 4th quarter. PayPay Securities Corp now owns 365 shares of the iPhone maker’s stock worth $99,000 after buying an additional 125 shares in the last quarter. Finally, eCIO Inc. bought a new position in shares of Apple during the 4th quarter valued at about $112,000. Hedge funds and other institutional investors own 67.73% of the company’s stock.

Apple Stock Up 1.1%

Shares of NASDAQ:AAPL opened at $302.25 on Thursday. The company has a current ratio of 1.07, a quick ratio of 1.02 and a debt-to-equity ratio of 0.70. Apple Inc. has a 12 month low of $193.46 and a 12 month high of $303.20. The company has a 50-day moving average price of $267.80 and a 200 day moving average price of $268.10. The company has a market cap of $4.44 trillion, a price-to-earnings ratio of 36.55, a PEG ratio of 2.60 and a beta of 1.06.

Apple (NASDAQ:AAPL) last announced its quarterly 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. Apple had a net margin of 27.15% and a return on equity of 146.69%. The firm had revenue of $111.18 billion during the quarter, compared to the consensus estimate of $109.46 billion. During the same quarter last year, the firm earned $1.65 EPS. The firm’s revenue for the quarter was up 16.6% compared to the same quarter last year. As a group, equities research analysts predict that Apple Inc. will post 8.74 earnings per share for the current year.

Apple Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 14th. Investors of record on Monday, May 11th were issued a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend was Monday, May 11th. This is a positive change from Apple’s previous quarterly dividend of $0.26. Apple’s payout ratio is 13.06%.

Analyst Upgrades and Downgrades

AAPL has been the subject of several research reports. Monness Crespi & Hardt increased their price objective on shares of Apple from $315.00 to $335.00 and gave the company a “buy” rating in a report on Friday, May 1st. Needham & Company LLC reissued a “hold” rating on shares of Apple in a report on Friday, May 1st. Tigress Financial reissued a “strong-buy” rating and set a $375.00 price objective (up from $305.00) on shares of Apple in a report on Thursday, May 14th. BNP Paribas Exane raised shares of Apple from a “neutral” rating to an “outperform” rating and set a $300.00 price objective for the company in a report on Friday, April 17th. Finally, Oppenheimer reissued a “market perform” rating on shares of Apple in a report on Friday, January 30th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Apple currently has a consensus rating of “Moderate Buy” and a consensus price target of $308.74.

Insider Buying and Selling at Apple

In related news, SVP Deirdre O’brien sold 30,002 shares of the 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 completion of the transaction, the senior vice president owned 136,810 shares of the company’s stock, valued at approximately $34,934,433.50. This trade represents a 17.99% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Timothy D. Cook sold 64,949 shares of the stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $254.23, for a total transaction of $16,511,984.27. Following the completion of the transaction, the chief executive officer directly owned 3,280,418 shares of the company’s stock, valued at approximately $833,980,668.14. The trade was a 1.94% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 97,759 shares of company stock worth $24,964,305 in the last 90 days. 0.06% of the stock is currently owned by insiders.

Trending Headlines about Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple’s App Store fraud prevention system blocked $2.2 billion in fraudulent transactions last year, underscoring the strength and scale of its Services ecosystem. Apple uses AI and human reviews to prevent $2.2B in potential App Store fraud
• Positive Sentiment: Analysts continue to point to Services as a major growth driver for Apple, which could support earnings even as iPhone growth matures. AAPL: Forget the iPhone—Services Will Drive the Next Phase of Growth
• Positive Sentiment: Apple is reportedly offering China price cuts for the 618 holiday, a move that could help its sales and market-share push in a competitive market. Apple cutting prices in China for 618 holiday likely to aid market share push: Wedbush
• Neutral Sentiment: Apple received some favorable media attention after Google’s I/O event, with commentary suggesting Google’s AI showcase may have strengthened expectations that Apple will have room to compete aggressively at WWDC. Google I/O 2026 had nothing to say and said it badly ahead of Apple’s WWDC
• Neutral Sentiment: Reports that Apple is reorganizing its hardware team and pushing more AI-powered features suggest a product-development refresh, but the impact on near-term earnings is unclear. Apple reportedly plans hardware team shake up to ramp up future devices
• Negative Sentiment: KeyBanc turned cautious on Apple, warning that valuation looks stretched and suggesting the stock may be due for profit-taking. KeyBanc Turns Cautious on Apple Stock as Valuation Concerns Grow. It’s Due for Profit-Taking.
• Negative Sentiment: Apple remains exposed to regulatory and strategic risks, including an Indian court order to cooperate in an App Store antitrust probe and ongoing concerns about AI feature delays. Apple ordered by Indian court to ‘fully cooperate’ in iPhone App Store antitrust probe

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.