Apple Inc. $AAPL Holdings Lifted by Annex Advisory Services LLC

Key Points

• Annex Advisory Services LLC increased its stake in Apple by 11.9% to 465,193 shares (about $126.5M), making Apple its ninth-largest holding.
• Apple beat Q1 estimates with $2.01 EPS versus $1.95 expected and $111.18B in revenue (up 16.6% year‑over‑year), supporting analyst optimism and a consensus price target near $304.31.
• The company announced a $100 billion additional share buyback and raised its quarterly dividend to $0.27 (annualized $1.08, ~0.4% yield), while insiders have executed sales under prearranged 10b5‑1 plans.

Annex Advisory Services LLC boosted its holdings in shares of Apple Inc. (NASDAQ:AAPL - Free Report) by 11.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 465,193 shares of the iPhone maker's stock after purchasing an additional 49,301 shares during the period. Apple comprises approximately 2.4% of Annex Advisory Services LLC's holdings, making the stock its 9th largest holding. Annex Advisory Services LLC's holdings in Apple were worth $126,467,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Sellwood Investment Partners LLC increased its holdings in Apple by 110.9% during the 3rd quarter. Sellwood Investment Partners LLC now owns 135 shares of the iPhone maker's stock valued at $34,000 after purchasing an additional 71 shares during the period. ROSS JOHNSON & Associates LLC increased its holdings in 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 purchasing an additional 180 shares during the period. LSV Asset Management purchased a new position in Apple during the 4th quarter valued at about $65,000. eCIO Inc. purchased a new position in Apple during the 4th quarter valued at about $112,000. Finally, HFM Investment Advisors LLC purchased a new position in Apple during the 1st quarter valued at about $99,000. Hedge funds and other institutional investors own 67.73% of the company's stock.

Apple Stock Down 0.0%

AAPL stock opened at $287.40 on Friday. 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 business's 50 day moving average price is $261.85 and its two-hundred day moving average price is $266.04. Apple Inc. has a fifty-two week low of $193.46 and a fifty-two week high of $292.13. The company has a market capitalization of $4.22 trillion, a price-to-earnings ratio of 34.75, a price-to-earnings-growth ratio of 2.51 and a beta of 1.06.

Apple (NASDAQ:AAPL - Get Free Report) last issued 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. Apple had a return on equity of 146.69% and a net margin of 27.15%.The firm had revenue of $111.18 billion for the quarter, compared to analysts' expectations of $109.46 billion. During the same period in the previous year, the firm posted $1.65 EPS. The business's revenue for the quarter was up 16.6% compared to the same quarter last year. As a group, analysts forecast that Apple Inc. will post 8.73 earnings per share for the current fiscal year.

Apple Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 14th. Stockholders of record on Monday, May 11th will be given a $0.27 dividend. The ex-dividend date of this dividend is Monday, May 11th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.4%. This is an increase from Apple's previous quarterly dividend of $0.26. Apple's payout ratio is presently 12.58%.

Key Apple News

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple announced a massive $100 billion additional share buyback, a direct boost to EPS and shareholder returns that typically supports the stock. A $100 Billion Reason to Buy Apple Stock Here
• Positive Sentiment: Baird and Bank of America raised price targets on AAPL, signaling analyst conviction after strong results and lifting investor expectations for upside. Baird and Bank of America Raise Apple (AAPL) Price Targets, See Strong Growth Ahead
• Positive Sentiment: Apple’s March quarter stayed strong (best March quarter ever per several writeups) — solid revenue and EPS beats underpin confidence in iPhone and services momentum. Apple at $284: Buy, Sell or Hold?
• Positive Sentiment: A U.S. trade court ruled that the 10% global tariffs were unlawful, which eases a major cost/uncertainty tail risk for import‑dependent manufacturers like Apple. That legal outcome reduces near‑term tariff pressure on margins and supply chains. Federal Trade Court Rules Trump’s 10% Global Tariffs Were Unlawful
• Positive Sentiment: Apple is opening iOS to third‑party AI models (iOS 27 model-selection plans), which can boost services engagement and monetization over time. Apple's Next iOS Turns iPhone Into an AI Marketplace
• Neutral Sentiment: Analysis claims Apple “won” the 2026 chip procurement race — favorable supplier positioning could protect component supply and product cadence, but operational execution and timing remain the variables to watch. The 2026 Chip War Is Already Over and Apple Dominated
• Neutral Sentiment: Product rumors (AirPods with cameras; foldable “iPhone Fold” design leaks) suggest new hardware refresh catalysts, but timing and commercial impact are speculative. Apple’s (AAPL) AI Comeback May Begin with AirPods that Have Cameras
• Negative Sentiment: Legal and regulatory headwinds are active: Rave filed antitrust suits in multiple countries, Apple faces other App Store/antitrust scrutiny, and the company agreed to a $250M class action settlement over Siri/AI advertising — these raise litigation costs and platform risk. Apple Legal Challenges Put App Store Power And AI Claims In Focus
• Negative Sentiment: Supply constraints are showing in higher‑memory Mac configurations (store pullbacks) and reports of Mac demand outpacing chip availability — this can pressure near‑term sales or push sales later, and it may cap upside until component supply eases. Apple pulls high-memory Mac mini, Mac Studio configs from store on supply crunch

Insider Transactions at Apple

In other news, CEO Timothy D. Cook sold 64,949 shares of the business's stock in a transaction that occurred on Thursday, April 2nd. The stock was sold at an average price of $254.23, for a total value of $16,511,984.27. Following the sale, the chief executive officer directly owned 3,280,418 shares of the company's stock, valued at $833,980,668.14. The trade was a 1.94% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Deirdre O'brien sold 30,002 shares of the business's stock in a transaction that occurred on Thursday, April 2nd. The stock was sold at an average price of $255.35, for a total value of $7,661,010.70. Following the completion of the sale, the senior vice president directly owned 136,810 shares in the company, valued at approximately $34,934,433.50. This represents a 17.99% 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 have sold a total of 96,485 shares of company stock valued at $24,594,845 in the last ninety days. 0.06% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of research analysts recently issued reports on AAPL shares. TD Cowen restated a "buy" rating and set a $335.00 price target (up from $325.00) on shares of Apple in a report on Friday, May 1st. Robert W. Baird set a $310.00 target price on Apple in a report on Friday, May 1st. Citigroup reiterated a "buy" rating on shares of Apple in a report on Tuesday, April 21st. Wedbush reiterated an "outperform" rating and set a $350.00 target price on shares of Apple in a report on Friday, May 1st. Finally, Phillip Securities upgraded Apple from a "moderate sell" rating to a "hold" rating in a report on Sunday, February 1st. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $304.31.

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.

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