Carbahal Olsen Financial Services Group LLC Raises Holdings in Apple Inc. $AAPL

Key Points

• Carbahal Olsen Financial Services Group LLC increased its Apple stake by 88.7% in the fourth quarter, buying 7,948 additional shares to bring its total to 16,910 shares worth about $4.6 million.
• Apple reported better-than-expected quarterly results, with earnings per share of $2.01 versus estimates of $1.95 and revenue of $111.18 billion, up 16.6% from a year earlier.
• The company also raised its dividend to $0.27 per share quarterly, while analysts remain generally positive, with a consensus rating of “Moderate Buy” and an average price target of about $310.31.

Carbahal Olsen Financial Services Group LLC grew its position in Apple Inc. (NASDAQ:AAPL - Free Report) by 88.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 16,910 shares of the iPhone maker's stock after purchasing an additional 7,948 shares during the period. Apple makes up approximately 3.5% of Carbahal Olsen Financial Services Group LLC's investment portfolio, making the stock its 9th largest holding. Carbahal Olsen Financial Services Group LLC's holdings in Apple were worth $4,597,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Sellwood Investment Partners LLC lifted its holdings in shares of Apple by 110.9% in the third quarter. Sellwood Investment Partners LLC now owns 135 shares of the iPhone maker's stock valued at $34,000 after purchasing an additional 71 shares in the last quarter. ROSS JOHNSON & Associates LLC raised its holdings in Apple by 1,800.0% during the first quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker's stock worth $42,000 after acquiring an additional 180 shares in the last quarter. LSV Asset Management bought a new stake in Apple during the fourth quarter worth about $65,000. PayPay Securities Corp boosted its position in Apple by 52.1% during the fourth quarter. PayPay Securities Corp now owns 365 shares of the iPhone maker's stock valued at $99,000 after purchasing an additional 125 shares during the last quarter. Finally, eCIO Inc. bought a new position in Apple in the fourth quarter valued at approximately $112,000. 67.73% of the stock is currently owned by institutional investors.

Apple Price Performance

Shares of NASDAQ AAPL opened at $306.31 on Tuesday. The firm has a market cap of $4.50 trillion, a P/E ratio of 37.04, a price-to-earnings-growth ratio of 2.72 and a beta of 1.09. 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 Inc. has a 1-year low of $195.07 and a 1-year high of $315.00. The business's 50 day moving average is $276.58 and its 200-day moving average is $270.28.

Apple (NASDAQ:AAPL - Get Free Report) last announced its earnings results on Thursday, April 30th. The iPhone maker reported $2.01 earnings per share for the quarter, topping analysts' consensus estimates of $1.95 by $0.06. The company had revenue of $111.18 billion for the quarter, compared to analyst estimates of $109.46 billion. Apple had a return on equity of 146.69% and a net margin of 27.15%.The firm's quarterly revenue was up 16.6% compared to the same quarter last year. During the same quarter last year, the company earned $1.65 earnings per share. Equities research analysts predict that Apple Inc. will post 8.74 earnings per share for the current year.

Apple Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, May 14th. Stockholders of record on Monday, May 11th were paid a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.4%. This is an increase from Apple's previous quarterly dividend of $0.26. The ex-dividend date was Monday, May 11th. Apple's dividend payout ratio is 13.06%.

Insider Transactions at Apple

In other news, CEO Timothy D. Cook sold 64,949 shares of the 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 transaction, the chief executive officer owned 3,280,418 shares in the company, valued at approximately $833,980,668.14. This trade represents a 1.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Deirdre O'brien sold 30,002 shares of the business's stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $255.35, for a total transaction of $7,661,010.70. Following the completion of the sale, the senior vice president directly owned 136,810 shares of the company's stock, valued at $34,934,433.50. This 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 have sold a total of 97,759 shares of company stock worth $24,964,305 in the last ninety days. 0.06% of the stock is currently owned by company insiders.

Apple News Roundup

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple is reportedly preparing an iPhone Wallet feature that could split bills from a receipt, assign items to different people, and generate payment requests through Apple Cash. That would strengthen Apple’s payments ecosystem and could help Wallet compete more directly with Venmo and Cash App. Apple Set to Accelerate Wallet War With Automated Bill Splitting
• Positive Sentiment: Analysts have been raising price targets ahead of WWDC, betting that Apple’s Siri and broader AI upgrades could be a catalyst for the shares if the company shows meaningful progress at its developer event. Apple (AAPL) Stock Gains Momentum as Analysts Boost Targets Before WWDC Siri Unveiling
• Positive Sentiment: Several articles framed Apple as an attractive AI-related stock, reflecting ongoing investor interest in Apple’s product cycle, services growth, and potential AI-driven refreshes. Apple Inc. (AAPL): One of the Promising Stocks to Buy According to AI
• Neutral Sentiment: Apple teased WWDC 2026 with a new “All Systems Glow” tagline and wallpapers, which points to an upcoming software announcement but does not by itself change fundamentals. All Systems Glow: Apple Teases WWDC 2026 With New Tagline, Playlist, Wallpapers
• Neutral Sentiment: Apple is reportedly targeting a late-2027 launch for smart glasses, signaling a longer AI development timeline; that may support the long-term story, but it also suggests Apple’s next major wearable is still far away. Apple reportedly targeting 2027 launch for smart glasses amid AI refinement efforts
• Negative Sentiment: Apple fell on reports that the global smartphone market is nearing a record shipment decline, reinforcing worries about slower iPhone demand and a softer handset upgrade cycle. Apple Stock (AAPL) Falls as Global Smartphone Market Approaches Record Shipment Drop
• Negative Sentiment: Dell’s new XPS 13 laptop is drawing attention as a direct rival to Apple’s MacBook Neo, adding to competitive pressure in PCs and reminding investors that Apple faces rivals across multiple hardware categories. Dell Stock Extends Massive Rally on Morgan Stanley Upgrade, New Apple-Rivaling Laptop

Analyst Upgrades and Downgrades

Several research analysts have weighed in on AAPL shares. The Goldman Sachs Group reaffirmed a "buy" rating on shares of Apple in a research report on Monday, March 2nd. Jefferies Financial Group set a $330.00 price target on Apple in a research report on Wednesday, March 4th. Tigress Financial reaffirmed a "strong-buy" rating and set a $375.00 price target (up from $305.00) on shares of Apple in a research report on Thursday, May 14th. KeyCorp reaffirmed a "sector weight" rating on shares of Apple in a research report on Thursday, March 12th. Finally, Wells Fargo & Company reaffirmed an "overweight" rating and set a $310.00 price target (up from $300.00) on shares of Apple in a research report on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $310.31.

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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