DA Davidson Estimates Apple's Q3 Earnings (NASDAQ:AAPL)

Apple Inc. (NASDAQ:AAPL - Free Report) - Equities research analysts at DA Davidson issued their Q3 2025 earnings estimates for Apple in a research report issued on Friday, May 2nd. DA Davidson analyst G. Luria anticipates that the iPhone maker will post earnings per share of $1.39 for the quarter. DA Davidson has a "Buy" rating and a $250.00 price target on the stock. The consensus estimate for Apple's current full-year earnings is $7.28 per share. DA Davidson also issued estimates for Apple's FY2025 earnings at $7.13 EPS and FY2026 earnings at $7.86 EPS.

Several other analysts have also issued reports on AAPL. KeyCorp upgraded shares of Apple from an "underweight" rating to a "sector weight" rating in a report on Monday, April 14th. Needham & Company LLC restated a "buy" rating and issued a $225.00 price objective on shares of Apple in a report on Friday. Oppenheimer lowered Apple from an "outperform" rating to a "market perform" rating in a research report on Wednesday, January 29th. Argus upgraded Apple to a "strong-buy" rating in a research note on Friday, January 31st. Finally, Barclays dropped their price objective on Apple from $197.00 to $173.00 and set an "underweight" rating for the company in a research note on Wednesday, April 30th. Three investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating, eighteen have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $235.80.

Apple Price Performance

NASDAQ:AAPL opened at $205.35 on Monday. Apple has a 52 week low of $169.21 and a 52 week high of $260.10. The stock's fifty day moving average is $212.15 and its two-hundred day moving average is $228.58. The company has a market capitalization of $3.08 trillion, a P/E ratio of 32.60, a P/E/G ratio of 2.44 and a beta of 1.26. The company has a quick ratio of 0.88, a current ratio of 0.92 and a debt-to-equity ratio of 1.26.

Apple (NASDAQ:AAPL - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The iPhone maker reported $1.65 EPS for the quarter, beating the consensus estimate of $1.62 by $0.03. The firm had revenue of $95.36 billion for the quarter, compared to analyst estimates of $94.04 billion. Apple had a net margin of 24.30% and a return on equity of 160.83%. The business's revenue for the quarter was up 5.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.53 EPS.

Apple Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Monday, May 12th will be issued a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 0.51%. This is an increase from Apple's previous quarterly dividend of $0.25. The ex-dividend date is Monday, May 12th. Apple's dividend payout ratio is 15.87%.

Apple declared that its Board of Directors has authorized a stock repurchase plan on Thursday, May 1st that authorizes the company to repurchase $100.00 billion in outstanding shares. This repurchase authorization authorizes the iPhone maker to purchase up to 3.1% of its stock through open market purchases. Stock repurchase plans are often a sign that the company's management believes its stock is undervalued.

Insider Buying and Selling at Apple

In other Apple news, CFO Kevan Parekh sold 4,570 shares of the company's stock in a transaction on Wednesday, April 23rd. The shares were sold at an average price of $206.00, for a total value of $941,420.00. Following the completion of the transaction, the chief financial officer now owns 4,569 shares in the company, valued at $941,214. This represents a 50.01 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Timothy D. Cook sold 108,136 shares of Apple stock in a transaction dated Wednesday, April 2nd. The stock was sold at an average price of $223.65, for a total value of $24,184,616.40. Following the sale, the chief executive officer now owns 3,280,295 shares in the company, valued at $733,637,976.75. This trade represents a 3.19 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 187,021 shares of company stock worth $41,760,140 over the last three months. Insiders own 0.06% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in AAPL. Drystone LLC acquired a new stake in Apple during the 4th quarter worth $25,000. Life Planning Partners Inc purchased a new stake in shares of Apple in the fourth quarter valued at about $47,000. Elite Financial Inc. acquired a new stake in shares of Apple during the first quarter worth about $58,000. Conquis Financial LLC purchased a new position in shares of Apple during the fourth quarter worth about $63,000. Finally, LSV Asset Management acquired a new position in Apple in the 4th quarter valued at about $65,000. Hedge funds and other institutional investors own 67.73% of the company's stock.

Apple Company Profile

Apple Inc designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple TV, Apple Watch, Beats products, and HomePod.

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