Hibernia Wealth Partners LLC Reduces Position in Apple Inc. $AAPL

Key Points

• Hibernia Wealth Partners cut its Apple stake by 65% in Q3, selling 4,432 shares and retaining 2,385 shares worth about $600,000, making Apple roughly 0.4% of the firm's holdings and its 28th largest position.
• Apple beat expectations with $2.84 EPS vs. $2.67 expected and revenue of $143.76B (up 15.7% YoY); the stock trades around a $3.75 trillion market cap and carries a consensus "Moderate Buy" price target of $297.58.
• Mixed catalysts amid heavy institutional ownership: major funds (e.g., Norges Bank, Nuveen, Northern Trust) hold large positions (≈67.7% institutional ownership); positives include the budget MacBook Neo and India manufacturing incentives, while risks include China shipment weakness and premium valuation concerns.

Hibernia Wealth Partners LLC cut its stake in Apple Inc. (NASDAQ:AAPL - Free Report) by 65.0% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,385 shares of the iPhone maker's stock after selling 4,432 shares during the period. Apple makes up about 0.4% of Hibernia Wealth Partners LLC's holdings, making the stock its 28th largest holding. Hibernia Wealth Partners LLC's holdings in Apple were worth $600,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Norges Bank purchased a new position in Apple in the second quarter worth approximately $38,942,255,000. Nuveen LLC acquired a new position in Apple in the 1st quarter valued at about $17,472,482,000. PKS Advisory Services LLC increased its stake in Apple by 98,917.0% during the 2nd quarter. PKS Advisory Services LLC now owns 57,956,620 shares of the iPhone maker's stock worth $12,106,000 after buying an additional 57,898,088 shares during the period. Laurel Wealth Advisors LLC increased its position 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 worth $5,553,753,000 after acquiring an additional 26,937,401 shares during the period. Finally, Northern Trust Corp increased its holdings in Apple by 13.3% during the 4th quarter. Northern Trust Corp now owns 171,385,531 shares of the iPhone maker's stock worth $42,918,365,000 after purchasing an additional 20,079,472 shares during the period. 67.73% of the stock is currently owned by institutional investors and hedge funds.

Apple Stock Performance

AAPL opened at $255.76 on Friday. Apple Inc. has a 1-year low of $169.21 and a 1-year high of $288.62. The stock has a market cap of $3.75 trillion, a P/E ratio of 32.33, a P/E/G ratio of 2.33 and a beta of 1.10. The stock's 50 day simple moving average is $262.49 and its 200 day simple moving average is $261.14. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.97 and a quick ratio of 0.94.

Apple (NASDAQ:AAPL - Get Free Report) last issued its quarterly earnings data on Thursday, January 29th. The iPhone maker reported $2.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.67 by $0.17. The firm had revenue of $143.76 billion during the quarter, compared to analysts' expectations of $138.25 billion. Apple had a return on equity of 159.94% and a net margin of 27.04%.Apple's revenue was up 15.7% on a year-over-year basis. During the same period in the previous year, the firm posted $2.40 earnings per share. As a group, equities analysts anticipate that Apple Inc. will post 7.28 EPS for the current fiscal year.

Apple Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, February 12th. Stockholders of record on Monday, February 9th were paid a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend was Monday, February 9th. Apple's payout ratio is 13.15%.

Apple News Roundup

Here are the key news stories impacting Apple this week:

• Positive Sentiment: MacBook Neo launch — Apple unveiled the $599 MacBook Neo aimed at education and budget buyers; reviewers (including MKBHD) praise it as highly disruptive, which could expand unit volumes and market share. Article Title
• Positive Sentiment: Analysts expect meaningful initial units — Some research notes forecast 4–5 million MacBook Neo shipments this year, suggesting upside to Mac revenue if adoption meets expectations. Article Title
• Positive Sentiment: India manufacturing incentives — New Indian incentives to boost local phone production support Apple’s ongoing shift of iPhone assembly to India, reducing China concentration risk and potentially lowering tariff exposure. Article Title
• Neutral Sentiment: Buyback and cash flow support — Coverage highlights a large share‑repurchase (reported $24B) and strong free cash flow that help support the stock through market volatility, but these are longer‑term cushions rather than immediate catalysts. Article Title
• Neutral Sentiment: Short‑interest data appears noisy — Reports show a large "increase" in short interest but the underlying data is zero/NaN, indicating a likely reporting glitch rather than a substantive change in bearish positioning.
• Negative Sentiment: China shipment weakness — UBS reiterated a Hold citing sharp declines in iPhone shipments in China, a direct hit to growth expectations for Apple’s largest hardware category. Article Title
• Negative Sentiment: Supplier cost pressure — Samsung Display’s CEO warned that higher oil and chip prices (and related supply‑cost inflation) could increase component costs for phones and laptops, pressuring margins industrywide. Article Title
• Negative Sentiment: Valuation and "no catalyst" views — Coverage notes AAPL trades at a premium P/E versus peers and some analysts say there's no near‑term catalyst to justify further multiple expansion, leaving the stock vulnerable to broader market weakness. Article Title

Wall Street Analysts Forecast Growth

AAPL has been the topic of a number of analyst reports. Scotiabank set a $330.00 price objective on shares of Apple in a report on Monday, February 2nd. Evercore reiterated an "outperform" rating on shares of Apple in a research note on Monday, March 2nd. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Apple in a report on Monday, December 29th. KeyCorp reaffirmed a "sector weight" rating on shares of Apple in a report on Thursday. Finally, The Goldman Sachs Group restated a "buy" rating on shares of Apple in a research report on Monday, March 2nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Apple currently has a consensus rating of "Moderate Buy" and a consensus price target of $297.58.

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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