Apple Inc. $AAPL is Webster Bank N. A.'s 3rd Largest Position

Key Points

• Webster Bank N.A. increased its Apple stake by 2.8% in Q4 to 208,433 shares, making AAPL its 3rd largest holding at 5.3% of the bank’s portfolio (worth ~$56.67 million).
• Apple beat estimates for the quarter, reporting EPS $2.01 vs. $1.95 and revenue of $111.18 billion (vs. $109.46 billion), with revenue up 16.6% year‑over‑year.
• The company raised its quarterly dividend to $0.27 and is pursuing U.S. chip manufacturing talks and an AI pivot for iOS, though it faces a $250 million settlement and potential margin/supply headwinds.

Webster Bank N. A. increased its position in Apple Inc. (NASDAQ:AAPL - Free Report) by 2.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 208,433 shares of the iPhone maker's stock after buying an additional 5,605 shares during the period. Apple comprises 5.3% of Webster Bank N. A.'s portfolio, making the stock its 3rd largest holding. Webster Bank N. A.'s holdings in Apple were worth $56,665,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of AAPL. Vanguard Group Inc. increased its position in Apple by 0.4% during the first quarter. Vanguard Group Inc. now owns 1,400,790,809 shares of the iPhone maker's stock worth $311,157,662,000 after purchasing an additional 5,005,297 shares during the last quarter. State Street Corp grew its stake in shares of Apple by 0.9% during 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 during the period. Geode Capital Management LLC increased its holdings in shares of Apple by 1.4% during the 2nd quarter. Geode Capital Management LLC now owns 354,749,794 shares of the iPhone maker's stock worth $72,506,336,000 after buying an additional 4,942,638 shares during the last quarter. Norges Bank acquired a new stake in shares of Apple during the 2nd quarter worth $38,942,255,000. Finally, Northern Trust Corp raised its position in shares of Apple by 13.3% in the 4th quarter. Northern Trust Corp now owns 171,385,531 shares of the iPhone maker's stock worth $42,918,365,000 after buying an additional 20,079,472 shares during the period. Hedge funds and other institutional investors own 67.73% of the company's stock.

Apple Trading Up 2.7%

Shares of AAPL opened at $284.18 on Wednesday. Apple Inc. has a 12 month low of $193.25 and a 12 month high of $288.62. The stock's 50-day moving average is $261.12 and its two-hundred day moving average is $265.51. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.07 and a quick ratio of 1.02. The stock has a market cap of $4.17 trillion, a PE ratio of 34.36, a P/E/G ratio of 2.42 and a beta of 1.06.

Apple (NASDAQ:AAPL - Get Free Report) last posted its earnings results on Thursday, April 30th. The iPhone maker reported $2.01 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.95 by $0.06. The business had revenue of $111.18 billion during the quarter, compared to analyst estimates of $109.46 billion. Apple had a return on equity of 146.69% and a net margin of 27.15%.The company's revenue for the quarter was up 16.6% compared to the same quarter last year. During the same quarter last year, the firm earned $1.65 earnings per share. Equities analysts forecast that Apple Inc. will post 8.72 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. Shareholders of record on Monday, May 11th will be issued a $0.27 dividend. The ex-dividend date is Monday, May 11th. This represents a $1.08 dividend on an annualized basis and a yield of 0.4%. This is a boost from Apple's previous quarterly dividend of $0.26. Apple's dividend payout ratio (DPR) is currently 12.58%.

Key Apple News

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple is holding exploratory talks with Intel and Samsung to manufacture device processors in the U.S., a move investors view as reducing single‑supplier risk and improving supply resilience. Apple explores using Intel, Samsung to build main device chips in the US, Bloomberg News reports
• Positive Sentiment: Management is pivoting iPhones and other devices into AI platforms — allowing third‑party models alongside Apple’s own in iOS 27 — which could deepen the services ecosystem and create new monetization avenues. Apple to let users choose rival AI models across iOS 27 features, Bloomberg News reports
• Positive Sentiment: iPhone 17 remains a top seller globally, supporting revenue and services momentum that underpinned Apple’s recent beat and strong guidance. That product strength is a core reason analysts remain constructive. iPhone 17 Rules, Becomes World's Best-Selling Smartphone
• Neutral Sentiment: Apple will pay its next dividend on May 14 (ex-dividend May 11) — positive for yield-focused holders but typically neutral for immediate directional trading. Apple to pay dividends next week; Here's how much 100 AAPL shares will earn
• Neutral Sentiment: A small institutional trim: RWWM, Inc. reduced its AAPL holding by 1,079 shares — a minor, likely non‑material repositioning. RWWM, Inc. Trims Apple Inc. Stake by 1,079 Shares
• Negative Sentiment: Apple agreed to a $250 million settlement in a class action over allegations it misled iPhone buyers about promised AI features; the payout is modest vs. Apple’s cash flow but is a short‑term headline risk. Apple settles lawsuit over late Siri AI features for $250 million
• Negative Sentiment: Analysts flag margin pressure and supply constraints (memory cost inflation, chip shortages) that could weigh on near‑term profitability despite strong top‑line momentum. Apple: iPhone And Services Drive Growth, But Margin And Supply Risks Loom

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. Citigroup reiterated a "buy" rating on shares of Apple in a report on Tuesday, April 21st. Wells Fargo & Company restated an "overweight" rating and issued a $310.00 price objective (up from $300.00) on shares of Apple in a report on Friday. UBS Group set a $296.00 price objective on Apple and gave the company a "neutral" rating in a research note on Friday. Monness Crespi & Hardt boosted their target price on Apple from $315.00 to $335.00 and gave the stock a "buy" rating in a report on Friday, May 1st. Finally, Morgan Stanley reissued an "overweight" rating and set a $330.00 target price (up from $315.00) on shares of Apple in a research report on Friday. One 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 issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $304.31.

Insiders Place Their Bets

In other news, CFO Kevan Parekh sold 1,534 shares of the business's stock in a transaction on Thursday, April 23rd. The shares were sold at an average price of $275.00, for a total transaction of $421,850.00. Following the transaction, the chief financial officer directly owned 13,366 shares of the company's stock, valued at approximately $3,675,650. The trade was a 10.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Timothy D. Cook sold 64,949 shares of the company's stock in a transaction 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 trade represents a 1.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 96,485 shares of company stock worth $24,594,845 in the last 90 days. 0.06% of the stock is owned by company insiders.

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.

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