Advisortrust Partners LLC Makes New Investment in Apple Inc. $AAPL

Key Points

• Advisortrust Partners LLC disclosed a new fourth-quarter stake in Apple, buying 27,246 shares worth about $7.4 million. Apple now accounts for 3.3% of the firm’s holdings and is its ninth-largest position.
• Apple reported strong quarterly results, with EPS of $2.01 and revenue of $111.18 billion, both ahead of analyst expectations. Revenue rose 16.6% year over year, and analysts now expect full-year EPS of 8.75.
• The company also raised its quarterly dividend to $0.27 per share from $0.26, though the yield remains modest at about 0.4%. Meanwhile, Apple stock was trading around $297 and is still near its 52-week high.

Advisortrust Partners LLC bought a new stake in shares of Apple Inc. (NASDAQ:AAPL - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 27,246 shares of the iPhone maker's stock, valued at approximately $7,407,000. Apple makes up 3.3% of Advisortrust Partners LLC's holdings, making the stock its 9th largest position.

A number of other hedge funds and other institutional investors have also recently modified their holdings of AAPL. Isthmus Partners LLC lifted its stake in shares of Apple by 6.4% in the 3rd quarter. Isthmus Partners LLC now owns 97,177 shares of the iPhone maker's stock worth $25,000 after purchasing an additional 5,808 shares during the period. Lifetime Wealth Management P.C. purchased a new position in shares of Apple during the 4th quarter worth $41,000. ROSS JOHNSON & Associates LLC grew its position in shares of Apple by 1,800.0% during the 1st quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker's stock valued at $42,000 after acquiring an additional 180 shares during the period. LSV Asset Management bought a new stake in shares of Apple during the 4th quarter valued at $65,000. Finally, Timmons Wealth Management LLC purchased a new stake in shares of Apple in the 4th quarter worth $69,000. 67.73% of the stock is owned by hedge funds and other institutional investors.

Apple Trading Down 0.3%

AAPL opened at $297.01 on Tuesday. The stock has a 50-day moving average of $290.46 and a 200 day moving average of $272.98. 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 $198.96 and a 12 month high of $317.40. The firm has a market cap of $4.36 trillion, a P/E ratio of 35.91, a P/E/G ratio of 2.59 and a beta of 1.09.

Apple (NASDAQ:AAPL - Get Free Report) last released its quarterly earnings results on Thursday, April 30th. The iPhone maker reported $2.01 EPS for the quarter, topping analysts' consensus estimates of $1.95 by $0.06. The firm had revenue of $111.18 billion during the quarter, compared to analysts' expectations of $109.46 billion. Apple had a net margin of 27.15% and a return on equity of 146.69%. The firm's revenue for the quarter was up 16.6% compared to the same quarter last year. During the same period in the previous year, the company earned $1.65 EPS. As a group, research analysts forecast that Apple Inc. will post 8.75 EPS for the current year.

Apple Increases Dividend

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

Key Apple News

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Bank of America said Apple’s WWDC 2026 AI announcements were a “material positive reset,” citing a more capable Siri that can understand context, screen content, and execute actions across apps and devices. Apple's WWDC 2026 AI strategy reset viewed positively by Bank of America
• Positive Sentiment: Analysts continue to point to Apple’s expanding enterprise footprint, AI push, and business tools as drivers that could support device shipments and sustained sales growth. Apple's Expanding Enterprise Footprint to Boost Sales: What's Ahead?
• Neutral Sentiment: Apple’s rumored chip partnership with Intel is being framed as a long-term domestic manufacturing catalyst, but it remains unconfirmed and more relevant to Intel’s rally than to Apple’s near-term fundamentals. Intel’s Surge on an Apple Chip Deal Means Investors Are Betting on Its Foundry
• Neutral Sentiment: A recent congressional trading report noted activity in several Magnificent Seven names, including Apple, but the disclosure did not indicate a company-specific operational change. New Congressman Is Selling Stocks: Here's The Six Magnificent Seven Names He Ditched
• Negative Sentiment: Tim Cook warned that Apple can no longer fully absorb rising memory chip costs, making product price hikes increasingly likely and raising margin concerns for investors. Tim Cook Warns Apple Product Price Hikes Are Unavoidable Due to Higher Chip Costs. What That Means for AAPL Stock.
• Negative Sentiment: KGI Securities downgraded Apple to Neutral, saying the stock’s recent rally leaves limited upside from current levels. Apple stock hit with major Wall Street downgrade

Insider Buying and Selling at Apple

In other news, insider Ben Borders sold 116 shares of the company's stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $295.14, for a total transaction of $34,236.24. Following the transaction, the insider directly owned 38,713 shares of the company's stock, valued at approximately $11,425,754.82. This represents a 0.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 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 value of $16,511,984.27. Following the completion of the sale, the chief executive officer owned 3,280,418 shares of the company's stock, valued at approximately $833,980,668.14. This trade represents a 1.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 97,875 shares of company stock worth $24,998,541 over the last quarter. 0.06% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research firms recently weighed in on AAPL. UBS Group reiterated a "buy" rating on shares of Apple in a research report on Tuesday, June 9th. Sanford C. Bernstein restated an "outperform" rating on shares of Apple in a research report on Monday, June 8th. KGI Securities downgraded Apple from an "outperform" rating to a "hold" rating and set a $315.00 price objective on the stock. in a research note on Monday. The Goldman Sachs Group reaffirmed a "buy" rating on shares of Apple in a research report on Monday, March 2nd. Finally, Jefferies Financial Group reiterated a "hold" rating on shares of Apple in a research note on Tuesday, June 9th. One research 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 issued a Sell rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $314.85.

Apple 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.

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