Capital Investment Advisory Services LLC Grows Stake in Apple Inc. $AAPL

Key Points

• Capital Investment Advisory Services LLC increased its stake in Apple by 1.8% to 151,373 shares (worth $41.15M), about 2.9% of the fund's portfolio and its third-largest holding.
• Apple beat quarterly estimates, reporting $2.84 EPS versus $2.67 and revenue of $143.76B (up 15.7% y/y); the company has a market cap near $3.98T and a consensus analyst rating of "Moderate Buy" with a $303.06 price target.
• Insider and institutional activity: CEO Tim Cook sold 64,949 shares (~$16.5M) under a pre-arranged Rule 10b5‑1 plan, institutional investors own ~67.7% of Apple, and the company pays a $1.04 annualized dividend (yield ≈0.4%).

Capital Investment Advisory Services LLC grew its holdings in shares of Apple Inc. (NASDAQ:AAPL - Free Report) by 1.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 151,373 shares of the iPhone maker's stock after buying an additional 2,705 shares during the period. Apple accounts for about 2.9% of Capital Investment Advisory Services LLC's investment portfolio, making the stock its 3rd biggest holding. Capital Investment Advisory Services LLC's holdings in Apple were worth $41,152,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in AAPL. Norges Bank bought a new stake in shares of Apple during the second quarter valued at approximately $38,942,255,000. Nuveen LLC bought a new stake in shares of Apple during the first quarter valued at approximately $17,472,482,000. Laurel Wealth Advisors LLC raised its holdings in shares of Apple by 20,464.8% during the second quarter. Laurel Wealth Advisors LLC now owns 27,069,029 shares of the iPhone maker's stock valued at $5,553,753,000 after buying an additional 26,937,401 shares during the last quarter. Northern Trust Corp raised its holdings in shares of Apple by 13.3% during the fourth quarter. Northern Trust Corp now owns 171,385,531 shares of the iPhone maker's stock valued at $42,918,365,000 after buying an additional 20,079,472 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Apple by 14.3% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 104,706,358 shares of the iPhone maker's stock valued at $26,220,566,000 after buying an additional 13,137,968 shares during the last quarter. Institutional investors own 67.73% of the company's stock.

Apple Price Performance

NASDAQ AAPL opened at $271.06 on Monday. Apple Inc. has a 12 month low of $193.25 and a 12 month high of $288.62. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.97 and a quick ratio of 0.94. The firm has a market capitalization of $3.98 trillion, a PE ratio of 34.27, a P/E/G ratio of 2.47 and a beta of 1.11. The company's 50 day simple moving average is $260.03 and its 200 day simple moving average is $264.67.

Apple (NASDAQ:AAPL - Get Free Report) last posted its quarterly earnings data on Thursday, January 29th. The iPhone maker reported $2.84 EPS for the quarter, beating analysts' consensus estimates of $2.67 by $0.17. Apple had a net margin of 27.04% and a return on equity of 159.94%. The business had revenue of $143.76 billion for the quarter, compared to analyst estimates of $138.25 billion. During the same quarter last year, the business earned $2.40 earnings per share. The business's revenue for the quarter was up 15.7% on a year-over-year basis. As a group, equities research analysts forecast that Apple Inc. will post 8.52 EPS for the current fiscal year.

Apple Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, February 12th. Shareholders of record on Monday, February 9th were given a $0.26 dividend. 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%.

Wall Street Analysts Forecast Growth

AAPL has been the topic of a number of recent analyst reports. Evercore reaffirmed an "outperform" rating on shares of Apple in a report on Monday, March 2nd. DA Davidson reaffirmed a "neutral" rating and set a $270.00 price target on shares of Apple in a report on Friday, January 30th. Moffett Nathanson lifted their price target on Apple from $241.00 to $270.00 and gave the company a "neutral" rating in a report on Wednesday, February 25th. Rosenblatt Securities reiterated a "neutral" rating and set a $268.00 price objective on shares of Apple in a research note on Tuesday, April 21st. Finally, The Goldman Sachs Group reiterated a "buy" rating on shares of Apple in a research note on Monday, March 2nd. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Apple has a consensus rating of "Moderate Buy" and a consensus price target of $303.06.

Insider Activity at Apple

In other Apple news, CEO Timothy D. Cook sold 64,949 shares of Apple stock in a transaction that occurred 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 approximately $833,980,668.14. The trade was a 1.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Deirdre O'brien sold 30,002 shares of Apple stock in a transaction that occurred 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 completion of the transaction, the senior vice president owned 136,810 shares in the company, valued at approximately $34,934,433.50. This trade represents a 17.99% decrease in their position. 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. Insiders own 0.06% of the company's stock.

Apple News Summary

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Strong product demand: Apple’s $599 M4 Mac mini has sold out online amid an AI-driven upswing in mac‑mini interest, signalling healthy hardware demand ahead of upcoming results. Good luck getting a Mac Mini anytime soon
• Positive Sentiment: Investor optimism around new CEO: John Ternus was named CEO effective September 1; several pieces highlight why investors should be encouraged (hardware pedigree, potential renewed product focus). That optimism supports a constructive view on future device cycles. 2 Reasons Investors Should Be Excited for the New Apple CEO
• Positive Sentiment: Analyst and market support ahead of earnings: Firms including Wedbush and others have reiterated favorable views or buying interest into the earnings cadence and iPhone cycle, lending some near‑term support. Wedbush Reaffirms Outperform for Apple
• Neutral Sentiment: CEO succession — expectations and risks: Coverage (FT, NYT, Motley Fool) lays out the transition details and the main tasks for John Ternus; this is a material change but many view it as orderly for now. The Apple juggernaut and the AI roadblock
• Neutral Sentiment: Short‑interest data is noisy/unclear this month (reported values are effectively zero/invalid), so it provides little actionable signal today.
• Negative Sentiment: Berkshire Hathaway selling: Reports show Warren Buffett’s group cut a large portion (~75%) of its Apple stake and redeployed funds into Chubb — a headline catalyst for today’s selling and a signal that a major, long‑held holder is trimming exposure. Warren Buffett Quietly Sold 75% of His Biggest Holding
• Negative Sentiment: Regulatory/AI execution risks: India’s antitrust probe of the App Store and persistent questions about Apple’s AI/Siri progress and executive departures raise execution and legal-risk concerns that could pressure multiple quarters. Indian Antitrust Push Tests Apple App Store Model

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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