Temasek Holdings Private Ltd Has $181.11 Million Stake in Apple Inc. $AAPL

Temasek Holdings Private Ltd trimmed its stake in Apple Inc. (NASDAQ:AAPL) by 4.9% in the fourth quarter, HoldingsChannel.com reports. The firm owned 666,203 shares of the iPhone maker’s stock after selling 34,341 shares during the period. Temasek Holdings Private Ltd’s holdings in Apple were worth $181,114,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Overbrook Management Corp lifted its position in Apple by 57.4% in the 4th quarter. Overbrook Management Corp now owns 104,648 shares of the iPhone maker’s stock valued at $28,449,000 after acquiring an additional 38,174 shares in the last quarter. Tufton Capital Management grew its stake in shares of Apple by 4.3% in the 3rd quarter. Tufton Capital Management now owns 100,130 shares of the iPhone maker’s stock worth $25,496,000 after acquiring an additional 4,157 shares in the last quarter. Torren Management LLC bought a new stake in shares of Apple in the 4th quarter worth $1,178,000. Adventist Health System Sunbelt Healthcare Corp bought a new stake in shares of Apple in the 4th quarter worth $105,482,000. Finally, KBC Group NV grew its stake in shares of Apple by 3.1% in the 4th quarter. KBC Group NV now owns 7,044,697 shares of the iPhone maker’s stock worth $1,915,172,000 after acquiring an additional 214,215 shares in the last quarter. 67.73% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Apple

In related news, CFO Kevan Parekh sold 1,534 shares of Apple stock in a transaction that occurred on Thursday, April 23rd. The shares were sold at an average price of $275.00, for a total value of $421,850.00. Following the completion of the transaction, the chief financial officer directly owned 13,366 shares in the company, valued at approximately $3,675,650. The trade was a 10.30% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Timothy D. Cook sold 64,949 shares of Apple stock in a transaction that occurred on 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 owned 3,280,418 shares of the company’s stock, valued at $833,980,668.14. This represents a 1.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 97,759 shares of company stock worth $24,964,305. 0.06% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several analysts have recently issued reports on the stock. Maxim Group reiterated a “buy” rating and issued a $350.00 target price (up from $310.00) on shares of Apple in a research note on Tuesday, June 9th. TD Cowen lifted their target price on shares of Apple from $335.00 to $350.00 and gave the stock a “buy” rating in a research report on Tuesday, June 9th. Sanford C. Bernstein reissued an “outperform” rating on shares of Apple in a research report on Monday, June 8th. Bank of America reissued a “buy” rating and set a $380.00 target price (up from $330.00) on shares of Apple in a research report on Tuesday, May 26th. Finally, Barclays reissued an “underweight” rating on shares of Apple in a research report on Tuesday, June 9th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Apple presently has a consensus rating of “Moderate Buy” and an average price target of $314.59.

Apple Trading Up 1.0%

Shares of AAPL stock opened at $299.24 on Wednesday. The company has a 50 day moving average of $287.32 and a 200-day moving average of $272.54. The company has a quick ratio of 1.02, a current ratio of 1.07 and a debt-to-equity ratio of 0.70. Apple Inc. has a 12-month low of $195.07 and a 12-month high of $317.40. The firm has a market cap of $4.40 trillion, a P/E ratio of 36.18, a PEG ratio of 2.58 and a beta of 1.09.

Apple (NASDAQ:AAPL) last issued its quarterly earnings results on Thursday, April 30th. The iPhone maker reported $2.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.95 by $0.06. Apple had a net margin of 27.15% and a return on equity of 146.69%. The company had revenue of $111.18 billion during the quarter, compared to analyst estimates of $109.46 billion. During the same quarter last year, the business posted $1.65 EPS. Apple’s quarterly revenue was up 16.6% compared to the same quarter last year. Sell-side analysts anticipate that Apple Inc. will post 8.75 earnings per share for the current year.

Apple Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, May 14th. Stockholders of record on Monday, May 11th were paid a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 0.4%. The ex-dividend date was Monday, May 11th. This is an increase from Apple’s previous quarterly dividend of $0.26. Apple’s dividend payout ratio (DPR) is 13.06%.

Apple News Summary

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Wall Street is warming to Apple’s AI strategy after WWDC, with analysts saying Siri AI and related upgrades could help drive new Services revenue and support a longer-term stock rebound. Apple’s AI Plans Are Finally Taking Shape. Here’s What That Means for AAPL Stock.
• Positive Sentiment: Reports that Apple is planning a broader 2027 product push — including camera-equipped AirPods, a foldable iPhone, and AI-enabled accessories — reinforce the idea that the company has multiple growth catalysts ahead. Apple (AAPL) Faces Italy DMA Probe Over Cloud Interoperability
• Positive Sentiment: Several reports note that Apple shares have been recovering after the initial WWDC reaction, suggesting the market may be concluding the AI rollout is more promising than first feared. Apple Stock Is Down After WWDC. There’s More to Its AI Strategy Than Meets the Eye.
• Neutral Sentiment: Apple’s supplier Tata Electronics said India’s pollution board dropped scrutiny of its iPhone parts plant after contamination concerns were addressed, removing a potential supply-chain distraction. Tata says India pollution board drops scrutiny of Apple iPhone parts plant
• Neutral Sentiment: Apple is reportedly considering changes to its Hide My Email feature, which could make it less effective but may also help apps and websites limit abuse from anonymous sign-ups. Apple plans to change its Hide My Email privacy feature that could make it less effective
• Negative Sentiment: Italy’s competition authority opened a Digital Markets Act probe into Apple’s cloud interoperability practices, raising fresh regulatory risk in Europe and potential pressure on Apple’s ecosystem controls. Italian Competition Watchdog Launches Investigation Into Apple’s Cloud Service Practices (AAPL)
• Negative Sentiment: Rising memory-chip costs could squeeze margins as Apple’s AI features require more powerful hardware, adding a near-term profitability concern. Rising Memory Costs Test Apple Margins As AI Demands More Hardware

Apple Company Profile

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.