OFI Invest Asset Management Has $578.65 Million Holdings in Apple Inc. $AAPL

Key Points

• OFI Invest Asset Management increased its Apple stake by 70.5% in Q4, acquiring 879,771 shares to hold 2,128,499 shares worth $578,654,000, making Apple about 7.4% of its portfolio and its second-largest holding.
• Apple recently beat quarterly estimates with EPS $2.84 versus $2.67 expected and revenue of $143.76 billion, up 15.7% year‑over‑year.
• Analysts’ consensus is a "Moderate Buy" with an average price target of $303.06 (coverage: 1 Strong Buy, 22 Buy, 12 Hold, 1 Sell).

OFI Invest Asset Management boosted its holdings in Apple Inc. (NASDAQ:AAPL - Free Report) by 70.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,128,499 shares of the iPhone maker's stock after acquiring an additional 879,771 shares during the quarter. Apple comprises about 7.4% of OFI Invest Asset Management's investment portfolio, making the stock its 2nd biggest holding. OFI Invest Asset Management's holdings in Apple were worth $578,654,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Reyes Financial Architecture Inc. lifted its stake in Apple by 0.4% during the third quarter. Reyes Financial Architecture Inc. now owns 9,898 shares of the iPhone maker's stock valued at $2,520,000 after purchasing an additional 37 shares during the last quarter. WESPAC Advisors LLC boosted its holdings in Apple by 0.3% during the fourth quarter. WESPAC Advisors LLC now owns 12,326 shares of the iPhone maker's stock worth $3,351,000 after buying an additional 39 shares in the last quarter. American Alpha Advisors LLC grew its position in Apple by 3.7% in the third quarter. American Alpha Advisors LLC now owns 1,151 shares of the iPhone maker's stock worth $293,000 after buying an additional 41 shares during the last quarter. Seven Springs Wealth Group LLC grew its position in Apple by 0.3% in the third quarter. Seven Springs Wealth Group LLC now owns 15,451 shares of the iPhone maker's stock worth $3,934,000 after buying an additional 42 shares during the last quarter. Finally, Avant Capital LLC increased its holdings in shares of Apple by 0.9% in the third quarter. Avant Capital LLC now owns 4,814 shares of the iPhone maker's stock valued at $1,226,000 after buying an additional 43 shares in the last quarter. 67.73% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. Stephens set a $315.00 price objective on Apple in a research report on Monday, January 26th. DA Davidson reaffirmed a "neutral" rating and set a $270.00 target price on shares of Apple in a research report on Friday, January 30th. Phillip Securities raised Apple from a "moderate sell" rating to a "hold" rating in a report on Sunday, February 1st. Needham & Company LLC reiterated a "hold" rating on shares of Apple in a research report on Friday, January 30th. Finally, TD Cowen reissued a "buy" rating and issued a $325.00 price target on shares of Apple in a research note on Friday, January 30th. 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's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $303.06.

Key Stories Impacting Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Company guidance and margin outlook remain constructive — Wall Street previews show Apple expecting ~13%–16% revenue growth and healthy gross margins for fiscal Q2, which supports the case for another beat when results arrive. Should You Buy, Sell, or Hold AAPL Stock Before Q2 Earnings?
• Positive Sentiment: iPhone momentum and supply-chain moves are boosting market share — reports note Apple claimed the top global smartphone spot in the March quarter, providing revenue upside and evidence the hardware cycle isn’t dead. Apple is defying a global smartphone slump
• Neutral Sentiment: Leadership change is front‑and‑center — John Ternus will become CEO in September; investors are parsing his product-first background and focus on services/AI as both an opportunity and a source of near-term uncertainty. Execution under new leadership will matter for sentiment but is a longer-term story. John Ternus, Apple’s new CEO, inherits a rebounding China business—and some messy headaches
• Neutral Sentiment: Big Tech earnings week and AI monetization themes raise expectations — analysts expect AI to drive cloud/ad/product revenue; that raises the bar for Apple to show credible AI product/monetization progress. Big Tech faces key earnings test on AI spending and cloud growth
• Negative Sentiment: Competitor moves (Qualcomm + OpenAI) spooked investors — reports that OpenAI is working with Qualcomm/MediaTek on AI-first smartphone chips lifted Qualcomm and raised fears Apple could lose an edge if it doesn’t move faster on on‑device AI. That rotation into chipmakers pressured AAPL sentiment today. Could This New AI Smartphone Compete With Apple? Qualcomm Shares Rise
• Negative Sentiment: Mounting narrative that Apple is lagging on AI execution — commentary and analyst pieces arguing Apple needs an AI breakthrough (and could be slow to integrate third‑party innovations) are feeding investor caution ahead of earnings. Apple Is Falling Behind in AI. Will a New CEO Revive Apple Stock?

Apple Stock Performance

Shares of AAPL opened at $267.50 on Tuesday. The company has a market capitalization of $3.93 trillion, a PE ratio of 33.82, a PEG ratio of 2.47 and a beta of 1.11. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.94 and a current ratio of 0.97. The company's 50 day moving average price is $260.26 and its 200 day moving average price is $264.76. Apple Inc. has a 52 week low of $193.25 and a 52 week high of $288.62.

Apple (NASDAQ:AAPL - Get Free Report) last released its earnings results on Thursday, January 29th. The iPhone maker reported $2.84 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.67 by $0.17. Apple had a net margin of 27.04% and a return on equity of 159.94%. The company had revenue of $143.76 billion during the quarter, compared to the consensus estimate of $138.25 billion. During the same quarter in the prior year, the firm earned $2.40 EPS. The company's revenue was up 15.7% compared to the same quarter last year. Research analysts expect that Apple Inc. will post 8.52 EPS for the current fiscal year.

Apple Dividend Announcement

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

Insider Activity at Apple

In other Apple 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 transaction, the chief financial officer owned 13,366 shares in the company, valued at $3,675,650. The trade was a 10.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Timothy D. Cook sold 64,949 shares of the company's stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $254.23, for a total value of $16,511,984.27. Following the completion of the transaction, the chief executive officer directly owned 3,280,418 shares in the company, valued at approximately $833,980,668.14. The trade was a 1.94% 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 90 days, insiders sold 96,485 shares of company stock valued at $24,594,845. Insiders own 0.06% of the company's stock.

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.

Want to see what other hedge funds are holding AAPL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Apple Inc. (NASDAQ:AAPL - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.