BCS Wealth Management Raises Stock Holdings in Apple Inc. $AAPL

Key Points

• BCS Wealth Management increased its stake in Apple by 106.2% during Q4, adding 19,362 shares to hold 37,590 shares worth roughly $10.22 million, which represents about 1.0% of the firm's portfolio and is its 25th largest holding.
• Apple beat Q1 expectations with $2.01 EPS versus $1.95 estimated and revenue of $111.18 billion (up 16.6% year‑over‑year), and the company raised its quarterly dividend to $0.27 per share payable May 14.
• Apple announced an additional $100 billion share buyback and has seen several brokerages lift price targets, leaving MarketBeat's consensus at a "Moderate Buy" with an average target of $304.31.

BCS Wealth Management increased its stake in Apple Inc. (NASDAQ:AAPL - Free Report) by 106.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 37,590 shares of the iPhone maker's stock after purchasing an additional 19,362 shares during the period. Apple makes up approximately 1.0% of BCS Wealth Management's portfolio, making the stock its 25th biggest holding. BCS Wealth Management's holdings in Apple were worth $10,219,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Vanguard Group Inc. lifted its holdings in shares of Apple by 0.4% during the 1st quarter. Vanguard Group Inc. now owns 1,400,790,809 shares of the iPhone maker's stock worth $311,157,662,000 after acquiring an additional 5,005,297 shares during the last quarter. State Street Corp raised its position in 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 purchasing an additional 5,224,229 shares in the last quarter. Geode Capital Management LLC lifted its stake in Apple by 1.4% during the second quarter. Geode Capital Management LLC now owns 354,749,794 shares of the iPhone maker's stock worth $72,506,336,000 after purchasing an additional 4,942,638 shares during the last quarter. Norges Bank purchased a new position in shares of Apple in the 2nd quarter worth about $38,942,255,000. Finally, Northern Trust Corp increased its position 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 purchasing an additional 20,079,472 shares during the last quarter. 67.73% of the stock is owned by hedge funds and other institutional investors.

Apple Stock Performance

Shares of NASDAQ:AAPL opened at $287.40 on Friday. Apple Inc. has a 12 month low of $193.46 and a 12 month high of $292.13. The company has a market cap of $4.22 trillion, a price-to-earnings ratio of 34.75, a price-to-earnings-growth ratio of 2.51 and a beta of 1.06. The company has a 50-day moving average price of $261.85 and a 200-day moving average price of $266.04. 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 quarterly earnings results on Thursday, April 30th. The iPhone maker reported $2.01 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.95 by $0.06. Apple had a net margin of 27.15% and a return on equity of 146.69%. The company had revenue of $111.18 billion during the quarter, compared to the consensus estimate of $109.46 billion. During the same period in the prior year, the firm earned $1.65 earnings per share. Apple's revenue was up 16.6% on a year-over-year basis. As a group, equities analysts anticipate that Apple Inc. will post 8.73 EPS for the current year.

Apple Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, May 14th. Stockholders of record on Monday, May 11th will be issued a dividend of $0.27 per share. The ex-dividend date is Monday, May 11th. This is a positive change from Apple's previous quarterly dividend of $0.26. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.4%. Apple's dividend payout ratio is currently 12.58%.

Insider Buying and Selling

In related news, CFO Kevan Parekh sold 1,534 shares of the firm's stock in a transaction that occurred on Thursday, April 23rd. The shares were sold at an average price of $275.00, for a total value of $421,850.00. Following the sale, the chief financial officer owned 13,366 shares in the company, valued at approximately $3,675,650. This trade represents a 10.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Timothy D. Cook sold 64,949 shares of the firm'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 transaction of $16,511,984.27. Following the completion of the sale, the chief executive officer owned 3,280,418 shares in the company, valued at $833,980,668.14. This represents a 1.94% 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. Over the last quarter, insiders have sold 96,485 shares of company stock worth $24,594,845. 0.06% of the stock is owned by insiders.

More Apple News

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple announced a massive $100 billion additional share buyback, a direct boost to EPS and shareholder returns that typically supports the stock. A $100 Billion Reason to Buy Apple Stock Here
• Positive Sentiment: Baird and Bank of America raised price targets on AAPL, signaling analyst conviction after strong results and lifting investor expectations for upside. Baird and Bank of America Raise Apple (AAPL) Price Targets, See Strong Growth Ahead
• Positive Sentiment: Apple’s March quarter stayed strong (best March quarter ever per several writeups) — solid revenue and EPS beats underpin confidence in iPhone and services momentum. Apple at $284: Buy, Sell or Hold?
• Positive Sentiment: A U.S. trade court ruled that the 10% global tariffs were unlawful, which eases a major cost/uncertainty tail risk for import‑dependent manufacturers like Apple. That legal outcome reduces near‑term tariff pressure on margins and supply chains. Federal Trade Court Rules Trump’s 10% Global Tariffs Were Unlawful
• Positive Sentiment: Apple is opening iOS to third‑party AI models (iOS 27 model-selection plans), which can boost services engagement and monetization over time. Apple's Next iOS Turns iPhone Into an AI Marketplace
• Neutral Sentiment: Analysis claims Apple “won” the 2026 chip procurement race — favorable supplier positioning could protect component supply and product cadence, but operational execution and timing remain the variables to watch. The 2026 Chip War Is Already Over and Apple Dominated
• Neutral Sentiment: Product rumors (AirPods with cameras; foldable “iPhone Fold” design leaks) suggest new hardware refresh catalysts, but timing and commercial impact are speculative. Apple’s (AAPL) AI Comeback May Begin with AirPods that Have Cameras
• Negative Sentiment: Legal and regulatory headwinds are active: Rave filed antitrust suits in multiple countries, Apple faces other App Store/antitrust scrutiny, and the company agreed to a $250M class action settlement over Siri/AI advertising — these raise litigation costs and platform risk. Apple Legal Challenges Put App Store Power And AI Claims In Focus
• Negative Sentiment: Supply constraints are showing in higher‑memory Mac configurations (store pullbacks) and reports of Mac demand outpacing chip availability — this can pressure near‑term sales or push sales later, and it may cap upside until component supply eases. Apple pulls high-memory Mac mini, Mac Studio configs from store on supply crunch

Analysts Set New Price Targets

Several brokerages have issued reports on AAPL. Needham & Company LLC reaffirmed a "hold" rating on shares of Apple in a research note on Friday, May 1st. Jefferies Financial Group set a $330.00 price objective on shares of Apple in a report on Wednesday, March 4th. Oppenheimer reaffirmed a "market perform" rating on shares of Apple in a report on Friday, January 30th. The Goldman Sachs Group reissued a "buy" rating on shares of Apple in a research note on Monday, March 2nd. Finally, Stifel Nicolaus set a $330.00 price target on shares of Apple in a research note on Monday, March 2nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $304.31.

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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