Apple Inc. $AAPL Stock Position Raised by Tufton Capital Management

Key Points

• Tufton Capital Management raised its stake in Apple by 4.3% in Q3 to 100,130 shares (an additional 4,157 shares), worth $25.496 million and making Apple its second-largest holding at roughly 4.5% of the portfolio.
• Apple recently beat quarterly EPS and revenue estimates, is reshoring some Mac Mini production to Houston, and retains broad analyst support (consensus target ≈ $292) ahead of a March 4 product event.

Tufton Capital Management raised its holdings in Apple Inc. (NASDAQ:AAPL - Free Report) by 4.3% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 100,130 shares of the iPhone maker's stock after purchasing an additional 4,157 shares during the period. Apple comprises approximately 4.5% of Tufton Capital Management's holdings, making the stock its 2nd largest holding. Tufton Capital Management's holdings in Apple were worth $25,496,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in AAPL. American Alpha Advisors LLC raised its stake in shares of Apple by 3.7% in the 3rd quarter. American Alpha Advisors LLC now owns 1,151 shares of the iPhone maker's stock valued at $293,000 after purchasing an additional 41 shares in the last quarter. Capstone Wealth Management LLC grew its stake in Apple by 0.5% in the third quarter. Capstone Wealth Management LLC now owns 8,537 shares of the iPhone maker's stock worth $2,174,000 after purchasing an additional 42 shares in the last quarter. Baker Boyer National Bank increased its holdings in Apple by 0.3% in the second quarter. Baker Boyer National Bank now owns 18,011 shares of the iPhone maker's stock valued at $3,695,000 after buying an additional 47 shares during the last quarter. Beddow Capital Management Inc. raised its stake in Apple by 1.8% during the second quarter. Beddow Capital Management Inc. now owns 2,597 shares of the iPhone maker's stock valued at $533,000 after buying an additional 47 shares in the last quarter. Finally, Uncommon Cents Investing LLC lifted its holdings in Apple by 0.4% during the 3rd quarter. Uncommon Cents Investing LLC now owns 10,609 shares of the iPhone maker's stock worth $2,701,000 after buying an additional 47 shares during the last quarter. Institutional investors and hedge funds own 67.73% of the company's stock.

More Apple News

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple will move some Mac Mini production from Asia to a Foxconn facility in Houston and expand U.S. assembly capacity — a step toward reshoring that reduces geopolitical/supply risk and supports business continuity (production expected to begin later this year). Apple To Move Part Of Mac Mini Production To Texas, Expand Houston Facility
• Positive Sentiment: Broader push to onshore chip and assembly work: WSJ/Reuters coverage shows Apple spearheading U.S. chip and supplier buildouts — this improves long-term supply security for Apple silicon but implies higher capex and longer payback. Investors see this as strategic insurance versus concentration in Asia. Apple Plans to Manufacture Mac Mini in Houston
• Positive Sentiment: Upcoming product event (March 4) is expected to include multiple launches — reports cite iPhone 17E, lower‑priced MacBooks and an iPad with M4 — creating a near-term demand/catalyst runway that traders are pricing in. Apple Could Launch at Least Five New Products, Including iPhone 17E, Next Week
• Positive Sentiment: Street support remains solid: several firms maintain buy/outperform views and the median 6‑month target sits well above current levels — bolstering sentiment even as the market debates AI timing. Apple to Build Mac Mini in Houston — What It Means for AAPL Investors
• Neutral Sentiment: Research and commentary suggest Apple may be less exposed to an AI “bubble” than pure‑play AI names, but Apple’s AI features (Siri/Apple Intelligence) have seen delays — a mixed impact on valuation versus execution risk. New Research Says: Apple Could Be Safe From AI Bubble Fears
• Negative Sentiment: Notable insider selling and uneven institutional repositioning have been reported (multiple senior insider sales and mixed hedge fund moves), which can weigh on sentiment if sustained. Apple Stock (AAPL) Opinions on AI Wearables Development
• Negative Sentiment: Critiques around Apple’s slower AI rollout (and headlines calling the strategy “lazy”) keep a portion of investors cautious about near‑term growth versus competitors aggressively spending on AI infrastructure. How Apple’s Lazy AI Strategy Could Crush the Competition

Analyst Ratings Changes

AAPL has been the subject of a number of research analyst reports. Evercore reiterated an "outperform" rating on shares of Apple in a report on Monday, February 2nd. Maxim Group upgraded shares of Apple from a "hold" rating to a "buy" rating and set a $300.00 target price for the company in a research note on Friday, January 30th. Phillip Securities raised shares of Apple from a "moderate sell" rating to a "hold" rating in a report on Sunday, February 1st. Bank of America lifted their price target on shares of Apple from $270.00 to $320.00 and gave the company a "buy" rating in a report on Wednesday, October 29th. Finally, The Goldman Sachs Group reiterated a "buy" rating and set a $330.00 price objective on shares of Apple in a research note on Friday, January 30th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $292.13.

Apple Price Performance

Shares of NASDAQ:AAPL opened at $266.18 on Tuesday. The firm's 50 day moving average is $264.84 and its two-hundred day moving average is $258.44. The firm has a market capitalization of $3.91 trillion, a P/E ratio of 33.65, a PEG ratio of 2.36 and a beta of 1.09. The company has a current ratio of 0.97, a quick ratio of 0.94 and a debt-to-equity ratio of 0.87. Apple Inc. has a 52 week low of $169.21 and a 52 week high of $288.62.

Apple (NASDAQ:AAPL - Get Free Report) last issued its quarterly earnings data on Thursday, January 29th. The iPhone maker reported $2.84 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.67 by $0.17. The business had revenue of $143.76 billion during the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period in the prior year, the company posted $2.40 EPS. Analysts anticipate that Apple Inc. will post 7.28 earnings per share for the current year.

Apple Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, February 12th. Stockholders 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 dividend yield of 0.4%. The ex-dividend date of this dividend was Monday, February 9th. Apple's dividend payout ratio (DPR) is 13.15%.

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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