Apple Inc. $AAPL is Perkins Coie Trust Co's 4th Largest Position

Key Points

• Perkins Coie Trust Co cut its Apple stake by 3.0% in Q4 to 101,826 shares (about $27.68M), making AAPL roughly 5.2% of its portfolio and its 4th largest holding.
• Major institutional investors remain heavily exposed—Vanguard, State Street, Geode and Northern Trust hold hundreds of millions of shares, and institutional/hedge funds own about 67.7% of Apple.
• Apple beat estimates with $2.84 EPS and $143.76B revenue (up 15.7% YoY), pays a $0.26 quarterly dividend, and trades with a market cap near $3.76T and a P/E around 32.4.

Perkins Coie Trust Co cut its holdings in Apple Inc. (NASDAQ:AAPL - Free Report) by 3.0% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 101,826 shares of the iPhone maker's stock after selling 3,097 shares during the period. Apple comprises about 5.2% of Perkins Coie Trust Co's holdings, making the stock its 4th largest position. Perkins Coie Trust Co's holdings in Apple were worth $27,681,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its stake in shares of Apple by 1.1% during the 2nd quarter. Vanguard Group Inc. now owns 1,415,932,804 shares of the iPhone maker's stock worth $290,506,933,000 after purchasing an additional 15,141,995 shares in the last quarter. State Street Corp lifted its stake in Apple by 0.9% in the 2nd quarter. State Street Corp now owns 601,249,995 shares of the iPhone maker's stock valued at $123,358,461,000 after buying an additional 5,224,229 shares in the last quarter. Geode Capital Management LLC lifted its stake in Apple by 1.4% in the 2nd quarter. Geode Capital Management LLC now owns 354,749,794 shares of the iPhone maker's stock valued at $72,506,336,000 after buying an additional 4,942,638 shares in the last quarter. Norges Bank acquired a new stake in Apple during the 2nd quarter valued at $38,942,255,000. Finally, Northern Trust Corp grew its holdings in Apple by 13.3% during the 4th quarter. Northern Trust Corp now owns 171,385,531 shares of the iPhone maker's stock valued at $42,918,365,000 after buying an additional 20,079,472 shares during the last quarter. 67.73% of the stock is owned by institutional investors and hedge funds.

Apple Price Performance

Shares of NASDAQ:AAPL opened at $255.92 on Friday. The company has a market cap of $3.76 trillion, a P/E ratio of 32.35, a P/E/G ratio of 2.42 and a beta of 1.11. The business has a fifty day simple moving average of $260.51 and a 200-day simple moving average of $263.08. Apple Inc. has a 52 week low of $169.21 and a 52 week high of $288.62. The company has a quick ratio of 0.94, a current ratio of 0.97 and a debt-to-equity ratio of 0.87.

Apple (NASDAQ:AAPL - Get Free Report) last released its earnings results on Thursday, January 29th. The iPhone maker reported $2.84 earnings per share for the quarter, topping the consensus estimate of $2.67 by $0.17. Apple had a return on equity of 159.94% and a net margin of 27.04%.The firm had revenue of $143.76 billion for the quarter, compared to the consensus estimate of $138.25 billion. During the same period in the prior year, the business posted $2.40 earnings per share. The firm's revenue for the quarter was up 15.7% compared to the same quarter last year. Equities research analysts forecast that Apple Inc. will post 7.28 EPS for the current year.

Apple Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 12th. Stockholders of record on Monday, February 9th were issued a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 0.4%. The ex-dividend date was Monday, February 9th. Apple's dividend payout ratio is presently 13.15%.

Trending Headlines about Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple announced a $400M expansion to its U.S. manufacturing program through 2030, aimed at onshoring critical components and strengthening supply-chain resilience — a potential boost to margins and political goodwill. Apple Inc. (AAPL) expands US manufacturing program with $400M investment
• Positive Sentiment: Bank of America/BofA coverage kept a Buy rating and a $320 price target, citing accelerating services growth and on‑device AI upside — a supportive analyst note for the stock’s premium multiple. Apple: Accelerating Services Growth and On‑Device AI Upside Support Premium Valuation and Buy Rating
• Positive Sentiment: Coverage highlights a strategic pivot in Apple’s AI approach that could be constructive long term — the market is parsing whether the move accelerates monetization of on‑device AI and services revenue. Apple's AI Strategy Is Pivoting. Here's Why That Could Be Great News for the Stock.
• Neutral Sentiment: New trading products (prediction markets) are now offering contracts tied to Apple share prices via Pyth price feeds — more retail/derivative activity but no direct company impact. Polymarket expands into equities and commodities with Pyth price feeds
• Neutral Sentiment: 50th‑anniversary coverage and product rumors (e.g., iPhone design leaks, archive stories) are keeping investor sentiment alive but are background noise versus hard financial drivers. Apple's 50-year journey from garage to tech titan
• Negative Sentiment: Reports that Amazon is in talks to acquire Globalstar (Apple’s satellite supplier for Emergency SOS/messaging) raise execution and competitive risks for Apple’s satellite features if supplier control shifts. That creates uncertainty around a small but strategic connectivity capability. Amazon Lines Up Deal to Rival SpaceX's Starlink: Report. Why Apple Could Be a Problem.
• Negative Sentiment: Geopolitical headlines — Iran’s IRGC has named U.S. tech firms including Apple as potential targets — add short‑term operational and sentiment risk, which can weigh on shares in risk-off episodes. Iran threatens Nvidia, Apple and other tech giants with attack
• Negative Sentiment: Valuation and positioning worries persist: commentators flag AAPL’s premium P/E and the Magnificent Seven’s underperformance this year; large funds (e.g., a D.E. Shaw trim) have reduced exposure — pressure points for the stock during market rotations. Is Apple Stock Overvalued Or Undervalued? Apple Inc. (AAPL): D. E. Shaw Trims Holding

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the company. Bank of America cut their price target on Apple from $325.00 to $320.00 and set a "buy" rating for the company in a report on Monday, March 23rd. DA Davidson reaffirmed a "neutral" rating and set a $270.00 price objective on shares of Apple in a research note on Friday, January 30th. Barclays lifted their price objective on Apple from $239.00 to $248.00 and gave the stock an "underweight" rating in a research report on Tuesday, March 3rd. CLSA upped their target price on shares of Apple from $265.00 to $330.00 and gave the company an "outperform" rating in a report on Friday, December 5th. Finally, UBS Group reaffirmed a "neutral" rating on shares of Apple in a research note on Wednesday, March 4th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Apple currently has a consensus rating of "Moderate Buy" and a consensus price target of $297.58.

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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