Apple Inc. $AAPL Shares Purchased by TSG Advice Partners LLC

Key Points

• TSG Advice Partners LLC boosted its Apple stake by 3.2% in the first quarter, buying 2,098 additional shares and bringing its total to 66,812 shares worth about $16.96 million.
• Apple’s latest earnings beat expectations, with EPS of $2.01 versus $1.95 expected and revenue of $111.18 billion, up 16.6% year over year.
• Analysts remain generally constructive on Apple: the stock has a Moderate Buy consensus rating with an average price target of $316.32, while Citi recently raised its target to $365 and reiterated a Buy rating.

TSG Advice Partners LLC increased its holdings in Apple Inc. (NASDAQ:AAPL - Free Report) by 3.2% in the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 66,812 shares of the iPhone maker's stock after acquiring an additional 2,098 shares during the period. Apple makes up about 2.5% of TSG Advice Partners LLC's holdings, making the stock its 13th largest holding. TSG Advice Partners LLC's holdings in Apple were worth $16,956,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Lifetime Wealth Management P.C. acquired a new stake in shares of Apple during the 4th quarter worth about $41,000. ROSS JOHNSON & Associates LLC increased its position in shares of Apple by 1,800.0% during the first quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker's stock valued at $42,000 after acquiring an additional 180 shares during the last quarter. LSV Asset Management purchased a new stake in shares of Apple in the 4th quarter valued at approximately $65,000. Timmons Wealth Management LLC purchased a new stake in shares of Apple in the 4th quarter valued at approximately $69,000. Finally, Inspire Investing LLC acquired a new position in shares of Apple in the 4th quarter worth approximately $76,000. Institutional investors and hedge funds own 67.73% of the company's stock.

Analyst Ratings Changes

AAPL has been the subject of a number of research analyst reports. Rosenblatt Securities reaffirmed a "neutral" rating and set a $276.00 price objective on shares of Apple in a research report on Tuesday, June 9th. DA Davidson reissued a "neutral" rating and issued a $270.00 target price on shares of Apple in a research report on Friday, May 1st. TD Cowen upped their price target on Apple from $335.00 to $350.00 and gave the stock a "buy" rating in a research note on Tuesday, June 9th. Robert W. Baird set a $310.00 price target on Apple in a research note on Friday, May 1st. Finally, Citigroup restated a "buy" rating and set a $365.00 price target (up from $315.00) on shares of Apple in a research report on Monday. One analyst has rated the stock with a Strong Buy rating, twenty-two have assigned 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 company currently has an average rating of "Moderate Buy" and a consensus target price of $316.32.

Apple Stock Up 0.6%

Shares of NASDAQ AAPL opened at $317.31 on Tuesday. The stock has a market cap of $4.66 trillion, a P/E ratio of 38.37, a PEG ratio of 2.74 and a beta of 1.10. The business's fifty day simple moving average is $300.47 and its 200-day simple moving average is $275.60. Apple Inc. has a 12-month low of $201.50 and a 12-month high of $323.45. The company has a current ratio of 1.07, a quick ratio of 1.02 and a debt-to-equity ratio of 0.70.

Apple (NASDAQ:AAPL - Get Free Report) last released its earnings results on Thursday, April 30th. The iPhone maker reported $2.01 EPS for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts' expectations of $109.46 billion. During the same period in the previous year, the firm posted $1.65 EPS. Apple's revenue for the quarter was up 16.6% on a year-over-year basis. As a group, equities analysts predict that Apple Inc. will post 8.74 EPS for the current fiscal year.

Apple Increases Dividend

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

Apple News Roundup

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Citi raised its price target on Apple to $365 from $315 and kept a Buy rating, saying Apple should keep gaining market share and may benefit from premium iPhone demand, selective price increases, and an upcoming iPhone 18 launch as a catalyst. Article Title
• Positive Sentiment: Several reports highlighted Apple’s stock hitting record highs, with analysts arguing the company is benefiting from relative restraint on AI spending versus peers and that investors still see more upside after the recent rally. Article Title
• Positive Sentiment: Apple was also tied to a reported acquisition of open-source observability developer SigScalr, which could support its internal data and software tooling efforts. Article Title
• Neutral Sentiment: News that Apple sued OpenAI over alleged trade-secret theft is generating headlines and could help Apple strategically if it protects future AI hardware plans, but it also adds legal uncertainty and keeps pressure on the company’s AI narrative. Article Title
• Neutral Sentiment: Commentary around Apple’s AI strategy, including reports that it may accelerate chip releases, reflects investor focus on whether the company can keep up in AI-enabled hardware without ramping spending as aggressively as rivals. Article Title
• Negative Sentiment: The OpenAI lawsuit could intensify Apple’s legal battles, including renewed scrutiny of App Store fees and broader competitive risks, which may create headline volatility even if the core business remains strong. Article Title

Insider Activity at Apple

In other news, CFO Kevan Parekh sold 1,534 shares of Apple 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 completion of the sale, 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Ben Borders sold 1,274 shares of the business's stock in a transaction on Friday, May 8th. The stock was sold at an average price of $290.00, for a total transaction of $369,460.00. Following the transaction, the insider owned 38,713 shares of the company's stock, valued at approximately $11,226,770. The trade was a 3.19% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 2,924 shares of company stock valued at $825,546 in the last quarter. 0.06% of the stock is currently 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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