Hamilton Capital Partners LLC Has $1.19 Million Position in Apple Inc. $AAPL

Hamilton Capital Partners LLC lessened its stake in shares of Apple Inc. (NASDAQ:AAPL - Free Report) by 40.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,702 shares of the iPhone maker's stock after selling 3,196 shares during the period. Apple accounts for 0.4% of Hamilton Capital Partners LLC's portfolio, making the stock its 15th largest holding. Hamilton Capital Partners LLC's holdings in Apple were worth $1,193,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of AAPL. Lifetime Wealth Management P.C. acquired a new position in Apple during the 4th quarter worth $41,000. ROSS JOHNSON & Associates LLC increased its stake in shares of Apple by 1,800.0% in the first quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker's stock worth $42,000 after purchasing an additional 180 shares during the period. Timmons Wealth Management LLC bought a new position in shares of Apple in the fourth quarter worth about $69,000. LSV Asset Management acquired a new position in shares of Apple during the 4th quarter worth about $65,000. Finally, Inspire Investing LLC acquired a new position in shares of Apple during the 4th quarter worth about $76,000. Institutional investors own 67.73% of the company's stock.

Insider Buying and Selling at Apple

In other news, CFO Kevan Parekh sold 1,534 shares of the stock in a transaction 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 completion of the transaction, the chief financial officer owned 13,366 shares in the company, valued at approximately $3,675,650. This represents a 10.30% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Deirdre O'brien sold 30,002 shares of the firm's stock in a transaction dated 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 transaction, the senior vice president directly owned 136,810 shares of the company's stock, valued at $34,934,433.50. The trade was 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. Over the last quarter, insiders sold 97,875 shares of company stock worth $24,998,541. Corporate insiders own 0.06% of the company's stock.

Analyst Upgrades and Downgrades

AAPL has been the topic of a number of research analyst reports. Maxim Group reaffirmed a "buy" rating and issued a $350.00 target price (up from $310.00) on shares of Apple in a report on Tuesday, June 9th. Barclays reiterated an "underweight" rating on shares of Apple in a report on Tuesday, June 9th. KGI Securities downgraded shares of Apple from an "outperform" rating to a "hold" rating and set a $315.00 price objective on the stock. in a research note on Monday, June 22nd. Rosenblatt Securities reaffirmed a "neutral" rating and set a $276.00 target price on shares of Apple in a research report on Tuesday, June 9th. Finally, BNP Paribas Exane upgraded shares of Apple from a "neutral" rating to an "outperform" rating and set a $300.00 target price for the company in a research note on Friday, April 17th. One investment 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 assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $314.85.

Trending Headlines about Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple is accelerating software security updates to respond faster to AI-driven hacking threats, which could reassure users and enterprises that the company is proactively protecting its ecosystem. Reuters: Apple says it is releasing updates early in response to AI cybersecurity concerns
• Positive Sentiment: Counterpoint-related reports suggest Apple could reach record market share in smartphones, laptops, and tablets in 2026, reinforcing the company’s competitive position and long-term device demand. Seeking Alpha: Apple to hit record market share in smartphones, laptops, tablets in 2026: Counterpoint
• Positive Sentiment: Some analysts argue Apple’s recent price increases may not hurt earnings as much as feared because of the company’s pricing power and loyal customer base. TipRanks: Apple Raising Device Prices May Not Hurt Earnings as Much as Investors Fear
• Neutral Sentiment: Reports that Apple wants approval to buy memory chips from China’s CXMT highlight efforts to secure supply, but also underscore how the AI-driven memory crunch is pressuring margins and creating geopolitical risk. Invezz: Apple wants to buy memory chips from CXMT
• Negative Sentiment: Apple is facing intensified scrutiny over recent price hikes, with multiple reports warning that higher component costs could slow revenue growth and pressure consumer demand. Barchart: Price Hikes Could Create a Major Problem for AAPL Stock
• Negative Sentiment: Apple’s dispute with India’s antitrust regulator adds legal uncertainty, with the company accusing the watchdog of copying rivals’ claims and potentially raising the risk of tougher App Store remedies. Reuters: Apple iPhone 18 Pro supplier list... exposed in Tata data leak
• Negative Sentiment: A Reuters report that iPhone 18 Pro supplier and component details were exposed in a Tata Electronics data leak adds another supply-chain and product-secrecy concern for Apple. Yahoo Finance video: Apple says India 'copy-pasted' rivals' claims in antitrust probe

Apple Trading Down 0.7%

Apple stock opened at $281.74 on Tuesday. The business has a 50 day moving average price of $292.88 and a two-hundred day moving average price of $273.20. 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 Inc. has a 12 month low of $199.26 and a 12 month high of $317.40. The stock has a market cap of $4.14 trillion, a price-to-earnings ratio of 34.07, a price-to-earnings-growth ratio of 2.47 and a beta of 1.09.

Apple (NASDAQ:AAPL - Get Free Report) last issued its 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. The business had revenue of $111.18 billion during 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%.Apple's revenue was up 16.6% on a year-over-year basis. During the same period in the prior year, the company posted $1.65 earnings per share. As a group, equities analysts forecast that Apple Inc. will post 8.74 EPS for the current year.

Apple Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 14th. Shareholders of record on Monday, May 11th were issued a $0.27 dividend. This is a boost from Apple's previous quarterly dividend of $0.26. The ex-dividend date of this dividend was Monday, May 11th. This represents a $1.08 annualized dividend and a yield of 0.4%. Apple's payout ratio is presently 13.06%.

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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