Apple Inc. $AAPL Stock Holdings Trimmed by IVC Wealth Advisors LLC

Key Points

• IVC Wealth Advisors trimmed its stake in Apple by 4.2% in the fourth quarter, selling 2,457 shares and leaving it with 56,186 shares worth $15.28 million (Apple is its 2nd largest holding at 6.6% of assets).
• Major institutions continued to add to Apple—Vanguard, State Street, Geode and Northern Trust all increased positions and Norges Bank initiated a roughly $38.9 billion stake—leaving institutional ownership at about 67.73%.
• Apple beat quarterly estimates with EPS of $2.84 and revenue of $143.76 billion (up 15.7% YoY); analysts collectively rate the stock a "Moderate Buy" with an average price target of $301.37.

IVC Wealth Advisors LLC lowered its stake in Apple Inc. (NASDAQ:AAPL - Free Report) by 4.2% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 56,186 shares of the iPhone maker's stock after selling 2,457 shares during the period. Apple accounts for about 6.6% of IVC Wealth Advisors LLC's holdings, making the stock its 2nd largest holding. IVC Wealth Advisors LLC's holdings in Apple were worth $15,275,000 as of its most recent filing with the Securities & Exchange Commission.

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

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on AAPL shares. Oppenheimer reaffirmed a "market perform" rating on shares of Apple in a report on Friday, January 30th. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Apple in a report on Monday, December 29th. Rosenblatt Securities raised their price target on shares of Apple from $267.00 to $268.00 and gave the company a "neutral" rating in a report on Thursday, March 5th. TD Cowen reaffirmed a "buy" rating and set a $325.00 price target on shares of Apple in a report on Friday, January 30th. Finally, Moffett Nathanson raised their price target on shares of Apple from $241.00 to $270.00 and gave the company a "neutral" rating in a report on Wednesday, February 25th. One equities research 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, Apple presently has an average rating of "Moderate Buy" and an average price target of $301.37.

Apple Trading Down 1.1%

Shares of NASDAQ:AAPL opened at $263.40 on Friday. The stock has a market capitalization of $3.87 trillion, a price-to-earnings ratio of 33.30, a PEG ratio of 2.47 and a beta of 1.11. 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 stock's 50-day simple moving average is $259.87 and its two-hundred day simple moving average is $263.93. Apple Inc. has a 52-week low of $189.81 and a 52-week high of $288.62.

Apple (NASDAQ:AAPL - Get Free Report) last announced its earnings results on Thursday, January 29th. The iPhone maker reported $2.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.67 by $0.17. The business had revenue of $143.76 billion for the quarter, compared to analysts' expectations of $138.25 billion. Apple had a return on equity of 159.94% and a net margin of 27.04%.The business's revenue for the quarter was up 15.7% on a year-over-year basis. During the same period last year, the firm posted $2.40 earnings per share. Analysts expect that Apple Inc. will post 7.28 EPS for the current year.

Apple Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, February 12th. Investors of record on Monday, February 9th were given a dividend of $0.26 per share. The ex-dividend date was Monday, February 9th. This represents a $1.04 annualized dividend and a yield of 0.4%. Apple's payout ratio is 13.15%.

Trending Headlines about Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Analyst and price-target upgrades lift the outlook for future earnings and sentiment — Bank of America raised its Apple price target, signaling conviction among some sell‑side desks that Apple’s long-term cash-flow profile remains attractive. Bank of America Increases Apple Price Target to $325
• Positive Sentiment: KeyCorp recently raised Q2/Q4 and FY2027 EPS forecasts for Apple, which supports near‑term earnings expectations and offsets valuation concerns. (Research-note summary)
• Positive Sentiment: High-profile bullish commentary from TV/influencers (Jim Cramer) is reinforcing investor confidence and likely contributed to buying interest in options and shares. Jim Cramer Reveals Why Apple (AAPL) Stock is Worth it
• Neutral Sentiment: Apple is pushing Siri teams to adopt AI coding tools and is clearly ramping internal AI development efforts — positive for product roadmap but timing and revenue impact remain uncertain. Apple Pushes Siri Programmers to Adopt AI Coding Tools
• Neutral Sentiment: Unusually heavy call‑option activity shows elevated bullish positioning, which can amplify moves both up and down; this is a market‑sentiment signal rather than a change in fundamentals. (Options volume report)
• Negative Sentiment: TSMC’s blowout results (record margins and profits driven by AI chip demand) were interpreted negatively for Apple today — investors see TSMC less dependent on Apple and view stronger AI-centric capex at chipmakers as a reminder that competition and supply dynamics are shifting in ways that could pressure margins or bargaining leverage. TSMC’s Results Weren’t a Great Sign for Apple
• Negative Sentiment: New litigation alleging Apple Pay failed to prevent rapid gambling transactions introduces legal and compliance risk for Apple’s payment services, which could pressure services valuation if exposures grow. Apple Lawsuit Puts Apple Pay Controls And Services Valuation In Focus

Insider Buying and Selling at Apple

In related news, SVP Deirdre O'brien sold 30,002 shares of Apple stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $255.35, for a total transaction of $7,661,010.70. Following the transaction, the senior vice president directly owned 136,810 shares in the company, valued at approximately $34,934,433.50. The trade was a 17.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Timothy D. Cook sold 64,949 shares of Apple stock in a transaction on 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 transaction, the chief executive officer owned 3,280,418 shares in the company, 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. 0.06% of the stock is currently owned by insiders.

Apple 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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