One Wealth Advisors LLC Sells 10,939 Shares of Apple Inc. $AAPL

Key Points

• One Wealth Advisors LLC trimmed its Apple stake by 6.8% in the fourth quarter, selling 10,939 shares and leaving it with 149,370 shares valued at about $40.6 million.
• Apple reported a strong quarterly beat, with earnings of $2.01 per share and revenue of $111.18 billion, both above analyst expectations. Revenue rose 16.6% year over year, and analysts now expect 8.74 EPS for the current fiscal year.
• Despite mixed views from analysts, sentiment remains generally constructive: Wedbush raised its price target to $400, while the consensus rating is Moderate Buy with an average target of $310.31. Apple also increased its quarterly dividend to $0.27 per share, up from $0.26.

One Wealth Advisors LLC decreased its position in Apple Inc. (NASDAQ:AAPL - Free Report) by 6.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 149,370 shares of the iPhone maker's stock after selling 10,939 shares during the period. Apple makes up 5.0% of One Wealth Advisors LLC's holdings, making the stock its 2nd biggest holding. One Wealth Advisors LLC's holdings in Apple were worth $40,608,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Overbrook Management Corp increased its stake in Apple by 57.4% in the fourth quarter. Overbrook Management Corp now owns 104,648 shares of the iPhone maker's stock valued at $28,449,000 after purchasing an additional 38,174 shares in the last quarter. Citizens Financial Group Inc. RI increased its stake in Apple by 48.4% in the third quarter. Citizens Financial Group Inc. RI now owns 1,426,605 shares of the iPhone maker's stock valued at $363,256,000 after purchasing an additional 465,393 shares in the last quarter. Tufton Capital Management increased its stake in Apple by 4.3% in the third quarter. Tufton Capital Management now owns 100,130 shares of the iPhone maker's stock valued at $25,496,000 after purchasing an additional 4,157 shares in the last quarter. Torren Management LLC bought a new stake in Apple in the fourth quarter valued at $1,178,000. Finally, KBC Group NV increased its stake in Apple by 3.1% in the fourth quarter. KBC Group NV now owns 7,044,697 shares of the iPhone maker's stock valued at $1,915,172,000 after purchasing an additional 214,215 shares in the last quarter. Institutional investors and hedge funds own 67.73% of the company's stock.

Apple Trading Down 0.1%

Shares of AAPL stock opened at $312.06 on Friday. Apple Inc. has a 52-week low of $195.07 and a 52-week high of $315.00. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.02 and a current ratio of 1.07. The company has a 50-day simple moving average of $275.43 and a two-hundred day simple moving average of $270.06. The company has a market capitalization of $4.58 trillion, a price-to-earnings ratio of 37.73, a PEG ratio of 2.72 and a beta of 1.06.

Apple (NASDAQ:AAPL - Get Free Report) last issued its quarterly earnings data on Thursday, April 30th. The iPhone maker reported $2.01 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.95 by $0.06. Apple had a net margin of 27.15% and a return on equity of 146.69%. The business had revenue of $111.18 billion during the quarter, compared to the consensus estimate of $109.46 billion. During the same period in the prior year, the firm posted $1.65 EPS. The firm's quarterly revenue was up 16.6% compared to the same quarter last year. Research analysts anticipate that Apple Inc. will post 8.74 EPS for the current fiscal year.

Apple Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 14th. Shareholders of record on Monday, May 11th were given a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Monday, May 11th. This is a positive change from Apple's previous quarterly dividend of $0.26. Apple's payout ratio is currently 13.06%.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the stock. Wedbush reaffirmed an "outperform" rating and issued a $400.00 price target (up from $350.00) on shares of Apple in a research note on Friday, May 8th. UBS Group set a $296.00 price target on shares of Apple and gave the company a "neutral" rating in a research note on Friday, May 1st. Robert W. Baird set a $310.00 target price on shares of Apple in a research report on Friday, May 1st. Rosenblatt Securities boosted their target price on shares of Apple from $268.00 to $276.00 and gave the stock a "neutral" rating in a research report on Friday, May 1st. Finally, Morgan Stanley reissued an "overweight" rating and set a $330.00 target price (up from $315.00) on shares of Apple in a research report on Friday, May 1st. One 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 issued a Sell rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $310.31.

Insider Activity

In other Apple news, SVP Deirdre O'brien sold 30,002 shares of the company's stock in a transaction dated Thursday, April 2nd. The shares were 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 directly owned 136,810 shares of the company's stock, valued at approximately $34,934,433.50. This represents a 17.99% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Ben Borders sold 1,274 shares of the company's stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $290.00, for a total transaction of $369,460.00. Following the completion of the sale, the insider directly owned 38,713 shares of the company's stock, valued at $11,226,770. The trade was a 3.19% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 97,759 shares of company stock valued at $24,964,305. 0.06% of the stock is currently owned by company insiders.

Key Stories Impacting Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple’s upcoming WWDC is expected to showcase a major Siri AI overhaul and broader iOS AI upgrades, reinforcing expectations for a stronger AI product cycle. Apple to Unveil Siri’s AI Overhaul at June Conference
• Positive Sentiment: Analysts are increasingly bullish that Apple’s ecosystem could benefit from agentic AI, with Bank of America reportedly lifting its price target and pointing to user identity, payments, and app access as key advantages. Bank of America Raises Its Apple Stock Price Target to $380. Agentic AI Could Be the Upside Driver.
• Positive Sentiment: Multiple pieces highlight Apple as a momentum stock and suggest Apple Intelligence could drive iPhone and Mac upgrades, which supports the case for further revenue growth. Apple Intelligence Drives Up iPhone & Mac Sales: More Upside Ahead?
• Neutral Sentiment: Leak-driven coverage around the iPhone 18 Pro’s rumored colors and camera changes is generating buzz, but it is too early to be a major fundamental stock driver. iPhone 18 Pro dummy units reveal four color options [Gallery] - 9to5Mac
• Negative Sentiment: Some technical commentary warns Apple is approaching long-term resistance and may need a consolidation period after a strong run, which could limit near-term upside. Apple (AAPL) Faces $355 Barrier at Top of Its Multi-Year Uptrend Structure

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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