Apple Inc. $AAPL Shares Acquired by Falcon Wealth Planning

Key Points

• Falcon Wealth Planning increased its Apple stake by 0.8% in the fourth quarter, bringing its holdings to 276,154 shares worth about $75.1 million. Apple is now its third-largest position and makes up roughly 6.3% of its portfolio.
• Apple reported strong quarterly results, with EPS of $2.01 beating estimates and revenue of $111.18 billion topping expectations. Revenue rose 16.6% year over year, and analysts now expect full-year EPS of 8.74.
• The company raised its dividend to $0.27 per quarter, while analysts remain broadly positive with a Moderate Buy consensus and an average price target of $310.31. However, insider selling has continued, including sales by CEO Tim Cook and SVP Deirdre O'Brien.

Falcon Wealth Planning lifted its holdings in shares of Apple Inc. (NASDAQ:AAPL - Free Report) by 0.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 276,154 shares of the iPhone maker's stock after buying an additional 2,225 shares during the period. Apple makes up approximately 6.3% of Falcon Wealth Planning's holdings, making the stock its 3rd largest position. Falcon Wealth Planning's holdings in Apple were worth $75,075,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in AAPL. First National Bank of Hutchinson boosted its stake in shares of Apple by 24.6% during the fourth quarter. First National Bank of Hutchinson now owns 35,319 shares of the iPhone maker's stock worth $8,845,000 after buying an additional 6,982 shares during the period. Eagle Capital Management LLC boosted its stake in shares of Apple by 0.5% during the fourth quarter. Eagle Capital Management LLC now owns 54,085 shares of the iPhone maker's stock worth $13,544,000 after buying an additional 272 shares during the period. Brighton Jones LLC boosted its stake in shares of Apple by 14.8% during the fourth quarter. Brighton Jones LLC now owns 537,314 shares of the iPhone maker's stock worth $134,554,000 after buying an additional 69,207 shares during the period. Revolve Wealth Partners LLC boosted its stake in shares of Apple by 4.2% during the fourth quarter. Revolve Wealth Partners LLC now owns 66,857 shares of the iPhone maker's stock worth $16,742,000 after buying an additional 2,695 shares during the period. Finally, Highview Capital Management LLC DE boosted its stake in shares of Apple by 2.4% during the fourth quarter. Highview Capital Management LLC DE now owns 50,264 shares of the iPhone maker's stock worth $12,587,000 after buying an additional 1,155 shares during the period. Institutional investors and hedge funds own 67.73% of the company's stock.

Insider Activity at Apple

In other Apple news, 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 transaction, the chief executive officer directly 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 sale was disclosed in a filing with the SEC, which is accessible 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 stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $255.35, for a total transaction of $7,661,010.70. Following the completion of the transaction, the senior vice president directly owned 136,810 shares of the company's stock, valued at approximately $34,934,433.50. This trade represents a 17.99% 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. In the last ninety days, insiders sold 97,759 shares of company stock valued at $24,964,305. 0.06% of the stock is currently owned by corporate insiders.

Apple Price Performance

Shares of NASDAQ:AAPL opened at $315.20 on Wednesday. The company has a quick ratio of 1.02, a current ratio of 1.07 and a debt-to-equity ratio of 0.70. The company has a market cap of $4.63 trillion, a P/E ratio of 38.11, a PEG ratio of 2.67 and a beta of 1.09. Apple Inc. has a 52 week low of $195.07 and a 52 week high of $315.45. The company has a 50-day moving average price of $276.58 and a 200 day moving average price of $270.28.

Apple (NASDAQ:AAPL - Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The iPhone maker reported $2.01 EPS for the quarter, beating analysts' consensus estimates of $1.95 by $0.06. Apple had a net margin of 27.15% and a return on equity of 146.69%. The firm had revenue of $111.18 billion during the quarter, compared to the consensus estimate of $109.46 billion. During the same quarter last year, the firm earned $1.65 earnings per share. The firm's revenue was up 16.6% compared to the same quarter last year. Research analysts predict that Apple Inc. will post 8.74 earnings per share for the current year.

Apple Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, May 14th. Shareholders of record on Monday, May 11th were issued a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 0.3%. This is a boost from Apple's previous quarterly dividend of $0.26. The ex-dividend date of this dividend was Monday, May 11th. Apple's dividend payout ratio is 13.06%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on AAPL shares. Sanford C. Bernstein reiterated an "outperform" rating on shares of Apple in a research note on Wednesday, March 4th. UBS Group set a $296.00 price objective on shares of Apple and gave the company a "neutral" rating in a research report on Friday, May 1st. Citigroup restated a "buy" rating on shares of Apple in a research report on Monday. Evercore restated an "outperform" rating and issued a $365.00 price objective on shares of Apple in a research report on Thursday, May 14th. Finally, TD Cowen restated a "buy" rating and issued a $335.00 price objective (up from $325.00) on shares of Apple in a research report on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $310.31.

Apple News Roundup

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Investor optimism is building ahead of WWDC, with Apple expected to unveil key AI features that could improve Siri and strengthen its software ecosystem. Article Title
• Positive Sentiment: Apple’s MacBook Neo is reportedly gaining traction with new buyers, suggesting the company is still expanding its hardware appeal beyond its core customer base. Article Title
• Positive Sentiment: Analysts have been lifting targets on AAPL ahead of WWDC, reflecting confidence that Apple’s AI strategy and software roadmap could reaccelerate growth. Article Title
• Neutral Sentiment: New Apple Wallet bill-splitting and payment-request features may help deepen engagement, but the immediate stock impact is less clear because the move is incremental rather than transformative. Article Title
• Neutral Sentiment: Apple is being discussed as a potentially overvalued stock after its recent rally, which could limit upside if WWDC disappoints expectations. Article Title
• Negative Sentiment: Dell and Nvidia have intensified competition in PCs and laptops, pressuring Apple’s positioning in hardware categories like the MacBook Neo. Article Title

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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