OMC Financial Services LTD Sells 5,780 Shares of Apple Inc. $AAPL

Key Points

• OMC Financial Services LTD trimmed its stake in Apple by 4.8%, selling 5,780 shares and holding 115,013 shares worth about $31.27 million, with Apple representing roughly 11.7% of the fund and its second-largest holding.
• Institutional ownership of Apple stands at 67.73%, and several other large investors—including Citizens Financial Group and Highland Capital—have recently increased their Apple positions by sizable amounts.
• Analysts have an average rating of "Moderate Buy" with a $297.58 average price target, while Apple recently beat quarterly EPS estimates ($2.84 vs. $2.67) and reported revenue up 15.7% year-over-year.

OMC Financial Services LTD lessened its stake in shares of Apple Inc. (NASDAQ:AAPL - Free Report) by 4.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 115,013 shares of the iPhone maker's stock after selling 5,780 shares during the quarter. Apple comprises about 11.7% of OMC Financial Services LTD's holdings, making the stock its 2nd biggest holding. OMC Financial Services LTD's holdings in Apple were worth $31,268,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Monarch Capital Management Inc. lifted its holdings in shares of Apple by 4.6% in the 2nd quarter. Monarch Capital Management Inc. now owns 66,967 shares of the iPhone maker's stock valued at $13,740,000 after buying an additional 2,920 shares during the period. Riverwater Partners LLC boosted its stake in shares of Apple by 17.9% in the second quarter. Riverwater Partners LLC now owns 5,404 shares of the iPhone maker's stock valued at $1,109,000 after buying an additional 819 shares in the last quarter. Highland Capital Management LLC grew its holdings in Apple by 2.2% during the third quarter. Highland Capital Management LLC now owns 397,834 shares of the iPhone maker's stock worth $101,301,000 after acquiring an additional 8,446 shares during the period. Citizens Financial Group Inc. RI grew its holdings in Apple by 48.4% during the third quarter. Citizens Financial Group Inc. RI now owns 1,426,605 shares of the iPhone maker's stock worth $363,256,000 after acquiring an additional 465,393 shares during the period. Finally, Tufton Capital Management raised its position in Apple by 4.3% in the third quarter. Tufton Capital Management now owns 100,130 shares of the iPhone maker's stock worth $25,496,000 after acquiring an additional 4,157 shares in the last quarter. Institutional investors and hedge funds own 67.73% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on AAPL shares. Evercore reissued an "outperform" rating on shares of Apple in a report on Monday, March 2nd. KGI Securities upgraded shares of Apple to an "outperform" rating and set a $306.00 price target for the company in a report on Friday, January 30th. Monness Crespi & Hardt raised their price objective on shares of Apple from $300.00 to $315.00 and gave the company a "buy" rating in a research note on Friday, January 30th. Loop Capital reissued a "buy" rating and set a $325.00 price objective (up from $315.00) on shares of Apple in a report on Tuesday, December 2nd. 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 given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $297.58.

Key Headlines Impacting Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: U.S. trade tribunal ruled Apple’s latest Apple Watch models do not infringe Masimo’s patents, avoiding an immediate import ban and preserving a key wearables revenue stream. Apple Watch ruling
• Positive Sentiment: WWDC set for June 8–12 with teasers for “AI advancements,” raising expectations for software and services announcements that could boost monetization (Siri/AI features, developer ecosystem). WWDC date and AI tease
• Positive Sentiment: Reports that Apple will add paid search ads to Apple Maps this summer point to an incremental services revenue stream and higher services monetization. Maps ads
• Positive Sentiment: Supply‑chain checks and analyst notes (BofA) suggest Apple is preparing a 2026 foldable iPhone — catalysts for hardware upgrade cycles and investor enthusiasm around a new form factor. Foldable iPhone supply checks
• Positive Sentiment: Morgan Stanley reaffirmed an “overweight” view and set a $315 target, and other surveys point to stronger iPhone upgrade intent (supporting revenue visibility). Analyst optimism
• Neutral Sentiment: Short‑interest data in this cycle shows effectively zero days to cover (no material short pressure), which is unlikely to move the stock materially either way. Short interest note
• Neutral Sentiment: Options/volatility chatter (iron‑condor strategies) highlights elevated implied volatility—relevant to derivatives traders but mixed for equity direction. Options strategy
• Negative Sentiment: Supply‑side cost pressure: Apple has raised some storage prices and faces higher memory costs; management choices (absorbing costs vs. passing to customers) could pressure margins. Storage price/cost pressure
• Negative Sentiment: Regulatory risk in Europe: broadcasters have urged scrutiny of big tech’s control over smart‑TV and AI features, adding a potential regulatory overhang to services and platform expansion. EU regulatory pressure

Apple Stock Performance

Apple stock opened at $251.49 on Tuesday. Apple Inc. has a fifty-two week low of $169.21 and a fifty-two week high of $288.62. The company has a market capitalization of $3.69 trillion, a price-to-earnings ratio of 31.79, a PEG ratio of 2.21 and a beta of 1.10. The stock has a fifty day moving average of $260.81 and a two-hundred day moving average of $262.45. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.94 and a current ratio of 0.97.

Apple (NASDAQ:AAPL - Get Free Report) last posted its quarterly earnings data on Thursday, January 29th. The iPhone maker reported $2.84 EPS for the quarter, beating analysts' consensus estimates of $2.67 by $0.17. Apple had a return on equity of 159.94% and a net margin of 27.04%.The business had revenue of $143.76 billion for the quarter, compared to analyst estimates of $138.25 billion. During the same quarter last year, the company earned $2.40 earnings per share. The business's revenue for the quarter was up 15.7% compared to the same quarter last year. On average, analysts anticipate that Apple Inc. will post 7.28 EPS for the current fiscal year.

Apple Dividend Announcement

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

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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