Apple Inc. $AAPL Stake Lifted by Central Pacific Bank Trust Division

Key Points

• Central Pacific Bank Trust Division raised its Apple stake by 11.1% in Q4 to 82,268 shares (worth about $22.37M), making AAPL ~2.7% of the fund and its third-largest holding.
• Apple recently beat quarterly expectations with EPS $2.84 versus $2.67 and revenue of $143.76B (up 15.7% YoY); the stock trades with a market cap of $3.69T and a consensus analyst target of about $297.58 ("Moderate Buy").
• Key near-term catalysts include a U.S. ruling clearing Apple Watch imports, WWDC’s AI teasers, potential paid ads in Apple Maps and a rumored 2026 foldable iPhone, while risks include rising memory/storage costs and increased EU regulatory scrutiny.

Central Pacific Bank Trust Division grew its holdings in shares of Apple Inc. (NASDAQ:AAPL - Free Report) by 11.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 82,268 shares of the iPhone maker's stock after purchasing an additional 8,220 shares during the quarter. Apple makes up about 2.7% of Central Pacific Bank Trust Division's portfolio, making the stock its 3rd biggest holding. Central Pacific Bank Trust Division's holdings in Apple were worth $22,365,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of AAPL. Isthmus Partners LLC raised its holdings in Apple by 6.4% in the 3rd quarter. Isthmus Partners LLC now owns 97,177 shares of the iPhone maker's stock valued at $25,000 after acquiring an additional 5,808 shares during the last quarter. Sellwood Investment Partners LLC boosted its holdings in shares of Apple by 110.9% during the 3rd quarter. Sellwood Investment Partners LLC now owns 135 shares of the iPhone maker's stock worth $34,000 after purchasing an additional 71 shares during the last quarter. ROSS JOHNSON & Associates LLC grew its position in shares of Apple by 1,800.0% in the first quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker's stock valued at $42,000 after purchasing an additional 180 shares in the last quarter. LSV Asset Management purchased a new stake in shares of Apple in the fourth quarter valued at approximately $65,000. Finally, 49 Wealth Management LLC increased its holdings in shares of Apple by 15.7% in the third quarter. 49 Wealth Management LLC now owns 298,920 shares of the iPhone maker's stock valued at $76,000 after purchasing an additional 40,543 shares during the last quarter. 67.73% of the stock is currently owned by institutional investors and hedge funds.

Apple News Roundup

Here are the key news stories impacting Apple this week:

• Positive Sentiment: U.S. trade tribunal ruled Apple’s latest Apple Watch models do not infringe Masimo’s patents, avoiding an immediate import ban and preserving a key wearables revenue stream. Apple Watch ruling
• Positive Sentiment: WWDC set for June 8–12 with teasers for “AI advancements,” raising expectations for software and services announcements that could boost monetization (Siri/AI features, developer ecosystem). WWDC date and AI tease
• Positive Sentiment: Reports that Apple will add paid search ads to Apple Maps this summer point to an incremental services revenue stream and higher services monetization. Maps ads
• Positive Sentiment: Supply‑chain checks and analyst notes (BofA) suggest Apple is preparing a 2026 foldable iPhone — catalysts for hardware upgrade cycles and investor enthusiasm around a new form factor. Foldable iPhone supply checks
• Positive Sentiment: Morgan Stanley reaffirmed an “overweight” view and set a $315 target, and other surveys point to stronger iPhone upgrade intent (supporting revenue visibility). Analyst optimism
• Neutral Sentiment: Short‑interest data in this cycle shows effectively zero days to cover (no material short pressure), which is unlikely to move the stock materially either way. Short interest note
• Neutral Sentiment: Options/volatility chatter (iron‑condor strategies) highlights elevated implied volatility—relevant to derivatives traders but mixed for equity direction. Options strategy
• Negative Sentiment: Supply‑side cost pressure: Apple has raised some storage prices and faces higher memory costs; management choices (absorbing costs vs. passing to customers) could pressure margins. Storage price/cost pressure
• Negative Sentiment: Regulatory risk in Europe: broadcasters have urged scrutiny of big tech’s control over smart‑TV and AI features, adding a potential regulatory overhang to services and platform expansion. EU regulatory pressure

Apple Stock Performance

NASDAQ:AAPL opened at $251.49 on Tuesday. Apple Inc. has a fifty-two week low of $169.21 and a fifty-two week high of $288.62. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.94 and a current ratio of 0.97. The company has a 50 day moving average price of $260.81 and a 200 day moving average price of $262.45. The stock has a market capitalization of $3.69 trillion, a P/E ratio of 31.79, a PEG ratio of 2.21 and a beta of 1.10.

Apple (NASDAQ:AAPL - Get Free Report) last released its quarterly earnings results on Thursday, January 29th. The iPhone maker reported $2.84 EPS for the quarter, topping analysts' consensus estimates of $2.67 by $0.17. Apple had a return on equity of 159.94% and a net margin of 27.04%.The company had revenue of $143.76 billion for the quarter, compared to analysts' expectations of $138.25 billion. During the same period in the prior year, the firm earned $2.40 earnings per share. The firm's revenue 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 company also recently announced a quarterly dividend, which was paid on Thursday, February 12th. Investors of record on Monday, February 9th were issued a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date was Monday, February 9th. Apple's dividend payout ratio (DPR) is 13.15%.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on AAPL. Raymond James Financial reissued a "market perform" rating on shares of Apple in a research note on Friday, January 2nd. DA Davidson reaffirmed a "neutral" rating and issued a $270.00 target price on shares of Apple in a research note on Friday, January 30th. Citigroup reissued a "buy" rating and set a $315.00 price target (down from $330.00) on shares of Apple in a research report on Tuesday, January 20th. Morgan Stanley reissued an "overweight" rating and issued a $315.00 price objective on shares of Apple in a report on Monday. Finally, KeyCorp restated a "sector weight" rating on shares of Apple in a research report on Thursday, March 12th. One analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $297.58.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.