Apple Inc. $AAPL Shares Bought by Rogco LP

Key Points

• Rogco LP increased its Apple stake by 10.1% in the fourth quarter, adding 2,026 shares to bring its total to 22,006 shares valued at about $5.98 million. Apple remains a meaningful holding for the fund, representing roughly 2.0% of its portfolio.
• Apple continues to see heavy institutional ownership and insider selling. Institutional investors and hedge funds own 67.73% of the stock, while CEO Tim Cook and SVP Deirdre O'Brien recently sold shares under pre-arranged trading plans.
• The company reported strong quarterly results and a dividend increase. Apple beat earnings and revenue expectations, posted 16.6% year-over-year revenue growth, and raised its quarterly dividend from $0.26 to $0.27 per share.

Rogco LP raised its holdings in Apple Inc. (NASDAQ:AAPL - Free Report) by 10.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 22,006 shares of the iPhone maker's stock after acquiring an additional 2,026 shares during the quarter. Apple accounts for about 2.0% of Rogco LP's portfolio, making the stock its 11th biggest holding. Rogco LP's holdings in Apple were worth $5,983,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Ares Financial Consulting LLC acquired a new stake in Apple in the 4th quarter valued at about $1,788,000. M&T Bank Corp lifted its holdings in Apple by 2.9% in the 4th quarter. M&T Bank Corp now owns 4,780,670 shares of the iPhone maker's stock valued at $1,299,673,000 after acquiring an additional 133,959 shares during the last quarter. Eagle Wealth Advisors LLC acquired a new stake in Apple in the 4th quarter valued at about $11,078,000. Aspen Capital Management LLC lifted its holdings in Apple by 1.3% in the 4th quarter. Aspen Capital Management LLC now owns 22,606 shares of the iPhone maker's stock valued at $6,146,000 after acquiring an additional 297 shares during the last quarter. Finally, RMR Wealth Builders lifted its holdings in Apple by 4.5% in the 4th quarter. RMR Wealth Builders now owns 132,523 shares of the iPhone maker's stock valued at $36,028,000 after acquiring an additional 5,706 shares during the last quarter. 67.73% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Apple

In related 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 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. The trade was a 1.94% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 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 shares were 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 of the company's stock, valued at approximately $34,934,433.50. The trade was a 17.99% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 97,759 shares of company stock worth $24,964,305. 0.06% of the stock is owned by corporate insiders.

Apple Trading Up 0.8%

Shares of NASDAQ AAPL opened at $310.85 on Thursday. The stock has a market cap of $4.57 trillion, a price-to-earnings ratio of 37.59, a PEG ratio of 2.68 and a beta of 1.06. The business has a 50 day simple moving average of $273.03 and a 200 day simple moving average of $269.45. Apple Inc. has a 52 week low of $195.07 and a 52 week high of $313.26. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.02 and a current ratio of 1.07.

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

Apple Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, May 14th. Investors of record on Monday, May 11th were paid a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, May 11th. This is a positive change from Apple's previous quarterly dividend of $0.26. Apple's dividend payout ratio (DPR) is presently 13.06%.

More Apple News

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Bank of America raised its price target on Apple to $380, saying AI features and a redesigned Siri could drive substantial incremental revenue over the next few years. Article Title
• Positive Sentiment: Melius Research also boosted its outlook ahead of WWDC 2026, saying Apple could finally show “real AI sizzle,” which has helped fuel expectations for a stronger product cycle. Article Title
• Positive Sentiment: Multiple pieces highlight Apple’s recent stock strength, including new record highs and growing optimism that the company’s Services business and ecosystem remain resilient even as iPhone growth slows. Article Title
• Neutral Sentiment: News that Android smartphone makers may be hit harder than Apple by AI memory shortages could be relatively supportive for AAPL by comparison, but it is more of an industry backdrop than a direct catalyst. Article Title
• Neutral Sentiment: Several articles point to Apple trading near all-time highs and approaching a $5 trillion valuation, reinforcing bullish momentum, though these are mostly commentary rather than fresh company-specific developments. Article Title
• Negative Sentiment: Some investors remain cautious because iPhone shipment momentum is softening and Apple’s next major growth driver still needs to be proven at WWDC, which leaves room for disappointment if AI announcements underwhelm. Article Title
• Negative Sentiment: One Reuters item notes Apple and Google are pushing back against Canada’s online safety bill over encryption concerns, a regulatory issue that could create future headline risk. Article Title

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on AAPL shares. Sanford C. Bernstein reissued an "outperform" rating on shares of Apple in a report on Wednesday, March 4th. Morgan Stanley restated an "overweight" rating and set a $330.00 price objective (up from $315.00) on shares of Apple in a report on Friday, May 1st. KGI Securities upgraded Apple to an "outperform" rating and set a $306.00 price objective on the stock in a report on Friday, January 30th. Robert W. Baird set a $310.00 price objective on Apple in a report on Friday, May 1st. Finally, Wells Fargo & Company restated an "overweight" rating and set a $310.00 price objective (up from $300.00) on shares of Apple in a report on Friday, May 1st. One research 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 company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $310.31.

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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