Comprehensive Financial Consultants Institutional Inc. Has $7.72 Million Holdings in Apple Inc. $AAPL

Key Points

• Comprehensive Financial Consultants Institutional Inc. trimmed its Apple stake by 5.5% in the fourth quarter, but still held 28,395 shares worth about $7.72 million. Apple remains its third-largest position and makes up roughly 2.3% of its portfolio.
• Apple reported strong quarterly results, with $2.01 EPS and $111.18 billion in revenue, both above expectations. The company also raised its quarterly dividend to $0.27 per share from $0.26.
• Wall Street sentiment remains broadly positive, with a Moderate Buy consensus and average price target of $310.31. Several analysts recently lifted targets, citing potential upside from AI features and future product cycles.

Comprehensive Financial Consultants Institutional Inc. lowered its position in Apple Inc. (NASDAQ:AAPL - Free Report) by 5.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 28,395 shares of the iPhone maker's stock after selling 1,642 shares during the period. Apple comprises approximately 2.3% of Comprehensive Financial Consultants Institutional Inc.'s holdings, making the stock its 3rd largest position. Comprehensive Financial Consultants Institutional Inc.'s holdings in Apple were worth $7,719,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Norges Bank bought a new stake in Apple during the 2nd quarter valued at approximately $38,942,255,000. Nuveen LLC bought a new stake in Apple during the 1st quarter valued at approximately $17,472,482,000. Laurel Wealth Advisors LLC raised its stake in Apple by 20,464.8% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 27,069,029 shares of the iPhone maker's stock valued at $5,553,753,000 after purchasing an additional 26,937,401 shares during the period. Vanguard Group Inc. raised its stake in Apple by 1.9% during the 4th quarter. Vanguard Group Inc. now owns 1,426,283,914 shares of the iPhone maker's stock valued at $387,749,545,000 after purchasing an additional 26,856,752 shares during the period. Finally, Northern Trust Corp raised its stake in 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 period. Institutional investors own 67.73% of the company's stock.

Apple Stock Up 0.8%

AAPL opened at $310.85 on Thursday. The firm has a 50-day simple moving average of $273.03 and a two-hundred day simple moving average of $269.45. Apple Inc. has a 52 week low of $195.07 and a 52 week high of $313.26. The company has a market capitalization of $4.57 trillion, a PE ratio of 37.59, a price-to-earnings-growth ratio of 2.68 and a beta of 1.06. The company has a quick ratio of 1.02, a current ratio of 1.07 and a debt-to-equity ratio of 0.70.

Apple (NASDAQ:AAPL - Get Free Report) last announced its quarterly earnings results on Thursday, April 30th. The iPhone maker reported $2.01 EPS for the quarter, beating 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 firm had revenue of $111.18 billion during the quarter, compared to the consensus estimate of $109.46 billion. During the same quarter last year, the firm earned $1.65 EPS. The firm's revenue for the quarter was up 16.6% compared to the same quarter last year. Analysts forecast that Apple Inc. will post 8.74 earnings per share for the current fiscal year.

Apple Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 14th. Investors of record on Monday, May 11th were issued a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, May 11th. This is a positive change from Apple's previous quarterly dividend of $0.26. Apple's payout ratio is 13.06%.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on AAPL shares. Bank of America reissued a "buy" rating and set a $380.00 target price (up from $330.00) on shares of Apple in a research note on Tuesday. Needham & Company LLC reissued a "hold" rating on shares of Apple in a research note on Friday, May 1st. Oppenheimer reissued a "market perform" rating on shares of Apple in a report on Friday, January 30th. Tigress Financial reissued a "strong-buy" rating and set a $375.00 price objective (up from $305.00) on shares of Apple in a report on Thursday, May 14th. Finally, Barclays reissued an "underweight" rating and set a $253.00 price objective (up from $248.00) on shares of Apple in a report on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Apple has a consensus rating of "Moderate Buy" and a consensus price target of $310.31.

Insider Buying and Selling at Apple

In related news, SVP Deirdre O'brien sold 30,002 shares of the stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $255.35, for a total value of $7,661,010.70. Following the completion of the transaction, the senior vice president owned 136,810 shares of the company's stock, valued at approximately $34,934,433.50. This trade represents a 17.99% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Timothy D. Cook sold 64,949 shares of the stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $254.23, for a total transaction of $16,511,984.27. Following the completion of the transaction, the chief executive officer directly owned 3,280,418 shares of the company's stock, valued at approximately $833,980,668.14. The trade was a 1.94% 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 sold a total of 97,759 shares of company stock worth $24,964,305 in the last 90 days. 0.06% of the stock is currently owned by insiders.

Trending Headlines about Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Bank of America raised its price target on Apple to $380, saying AI features and a redesigned Siri could drive substantial incremental revenue over the next few years. Article Title
• Positive Sentiment: Melius Research also boosted its outlook ahead of WWDC 2026, saying Apple could finally show “real AI sizzle,” which has helped fuel expectations for a stronger product cycle. Article Title
• Positive Sentiment: Multiple pieces highlight Apple’s recent stock strength, including new record highs and growing optimism that the company’s Services business and ecosystem remain resilient even as iPhone growth slows. Article Title
• Neutral Sentiment: News that Android smartphone makers may be hit harder than Apple by AI memory shortages could be relatively supportive for AAPL by comparison, but it is more of an industry backdrop than a direct catalyst. Article Title
• Neutral Sentiment: Several articles point to Apple trading near all-time highs and approaching a $5 trillion valuation, reinforcing bullish momentum, though these are mostly commentary rather than fresh company-specific developments. Article Title
• Negative Sentiment: Some investors remain cautious because iPhone shipment momentum is softening and Apple’s next major growth driver still needs to be proven at WWDC, which leaves room for disappointment if AI announcements underwhelm. Article Title
• Negative Sentiment: One Reuters item notes Apple and Google are pushing back against Canada’s online safety bill over encryption concerns, a regulatory issue that could create future headline risk. Article Title

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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