Flossbach Von Storch SE Has $887.28 Million Stake in Apple Inc. $AAPL

Key Points

• Flossbach Von Storch SE trimmed its Apple stake by 3.8% in the fourth quarter, but it still held 3.26 million shares worth about $887.3 million, making Apple its 9th-largest holding.
• Apple reported strong quarterly results, posting $2.01 EPS and $111.18 billion in revenue, both above analyst expectations. Revenue rose 16.6% year over year.
• Sentiment around Apple remains constructive, with analysts mostly maintaining Buy ratings and Bank of America raising its price target to $380. The company also increased its quarterly dividend to $0.27 per share.

Flossbach Von Storch SE lessened its stake in shares of Apple Inc. (NASDAQ:AAPL - Free Report) by 3.8% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 3,263,728 shares of the iPhone maker's stock after selling 129,748 shares during the period. Apple accounts for about 3.5% of Flossbach Von Storch SE's investment portfolio, making the stock its 9th biggest holding. Flossbach Von Storch SE's holdings in Apple were worth $887,277,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Sellwood Investment Partners LLC grew its holdings in Apple by 110.9% during 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 during the period. ROSS JOHNSON & Associates LLC grew 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 valued at $42,000 after purchasing an additional 180 shares during the period. LSV Asset Management bought a new stake in Apple during the fourth quarter valued at about $65,000. PayPay Securities Corp grew its holdings 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 period. Finally, eCIO Inc. bought a new stake in Apple during the fourth quarter valued at about $112,000. Institutional investors own 67.73% of the company's stock.

Apple Price Performance

Shares of Apple stock opened at $312.51 on Friday. The stock's 50-day simple moving average is $274.19 and its 200-day simple moving average is $269.76. 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 $4.59 trillion, a price-to-earnings ratio of 37.79, a PEG ratio of 2.71 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 posted its earnings results on Thursday, April 30th. The iPhone maker reported $2.01 EPS 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 the consensus estimate of $109.46 billion. Apple had a return on equity of 146.69% and a net margin of 27.15%.The firm's revenue for the quarter was up 16.6% on a year-over-year basis. During the same period in the previous year, the business earned $1.65 earnings per share. As a group, analysts expect that Apple Inc. will post 8.74 earnings per share for the current fiscal year.

Apple Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, May 14th. Investors of record on Monday, May 11th were given a $0.27 dividend. This is an increase from Apple's previous quarterly dividend of $0.26. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Monday, May 11th. Apple's dividend payout ratio (DPR) is presently 13.06%.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. Stifel Nicolaus set a $330.00 price objective on Apple in a research report on Monday, March 2nd. The Goldman Sachs Group restated a "buy" rating on shares of Apple in a research report on Monday, March 2nd. Sanford C. Bernstein restated an "outperform" rating on shares of Apple in a research report on Wednesday, March 4th. KeyCorp restated a "sector weight" rating on shares of Apple in a research report on Thursday, March 12th. Finally, Bank of America restated a "buy" rating and issued a $380.00 price objective (up from $330.00) on shares of Apple in a research report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have given 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 currently has a consensus rating of "Moderate Buy" and an average price target of $310.31.

Insider Transactions at Apple

In related news, CFO Kevan Parekh sold 1,534 shares of the business's stock in a transaction dated Thursday, April 23rd. The stock was sold at an average price of $275.00, for a total value of $421,850.00. Following the sale, the chief financial officer directly owned 13,366 shares in the company, valued at approximately $3,675,650. The trade was a 10.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Deirdre O'brien sold 30,002 shares of the business's stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $255.35, for a total value of $7,661,010.70. Following the completion of the sale, the senior vice president owned 136,810 shares in the company, valued at $34,934,433.50. This represents a 17.99% decrease in their ownership of the stock. 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 valued at $24,964,305 over the last three months. Corporate insiders own 0.06% of the company's stock.

More Apple News

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Bank of America raised its price target on Apple to $380 from $330 and kept a Buy rating, saying agentic AI could strengthen Apple’s ecosystem and create meaningful new revenue opportunities.
• Positive Sentiment: Multiple reports say Apple is preparing a major Siri overhaul for WWDC, including a new app-like experience designed to compete more directly with ChatGPT-style assistants, which could improve sentiment around Apple’s AI roadmap.
• Positive Sentiment: Analysts and commentary continue to argue that Apple’s installed base, privacy controls, payments, and device ownership give it a strong position if AI assistants become a primary interface for search, commerce, and productivity.
• Neutral Sentiment: Apple’s stock is already near record territory, so some of the optimism around AI and WWDC may already be reflected in the share price.
• Negative Sentiment: Some articles note that Apple is still viewed by parts of the market as an AI laggard versus rivals, and that its valuation is already rich, which could limit upside if WWDC disappoints.

About Apple

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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