Robeco Institutional Asset Management B.V. Acquires 42,993 Shares of Apple Inc. $AAPL

Key Points

• Robeco Institutional Asset Management added 42,993 shares in Q4, bringing its Apple holding to 13,292,168 shares (Apple is 5.1% of Robeco's portfolio) and representing about 0.09% of Apple worth roughly $3.61 billion.
• Apple beat Q2 expectations, reporting $2.01 EPS vs. $1.95 expected and $111.18B revenue vs. $109.46B, while management announced a $100B share buyback and raised the quarterly dividend to $0.27.
• Insider activity: CFO Kevan Parekh sold 1,534 shares at $275 and CEO Tim Cook sold 64,949 shares at $254.23 (Cook's sale under a Rule 10b5‑1 plan); insiders sold 96,485 shares (~$24.6M) over the past three months.

Robeco Institutional Asset Management B.V. lifted its holdings in Apple Inc. (NASDAQ:AAPL - Free Report) by 0.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 13,292,168 shares of the iPhone maker's stock after acquiring an additional 42,993 shares during the quarter. Apple accounts for 5.1% of Robeco Institutional Asset Management B.V.'s holdings, making the stock its 3rd biggest position. Robeco Institutional Asset Management B.V. owned approximately 0.09% of Apple worth $3,613,609,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Overbrook Management Corp grew its position in shares of 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. Highland Capital Management LLC grew its position in shares of Apple by 2.2% in the third quarter. Highland Capital Management LLC now owns 397,834 shares of the iPhone maker's stock valued at $101,301,000 after purchasing an additional 8,446 shares in the last quarter. Citizens Financial Group Inc. RI grew its position in shares of 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 grew its position in shares of 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. Finally, World Investment Advisors grew its position in shares of Apple by 3.9% in the third quarter. World Investment Advisors now owns 734,485 shares of the iPhone maker's stock valued at $187,022,000 after purchasing an additional 27,445 shares in the last quarter. Institutional investors and hedge funds own 67.73% of the company's stock.

Insider Activity at Apple

In other news, CFO Kevan Parekh sold 1,534 shares of the firm's stock in a transaction on Thursday, April 23rd. The stock was sold at an average price of $275.00, for a total transaction of $421,850.00. Following the completion of the transaction, the chief financial officer directly owned 13,366 shares in the company, valued at $3,675,650. This trade represents a 10.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Timothy D. Cook sold 64,949 shares of Apple stock in a transaction on Thursday, April 2nd. The shares were sold at an average price of $254.23, for a total value of $16,511,984.27. Following the completion of the sale, the chief executive officer directly owned 3,280,418 shares of the company's stock, valued at $833,980,668.14. The trade was a 1.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 96,485 shares of company stock worth $24,594,845. Insiders own 0.06% of the company's stock.

Apple Trading Up 3.3%

AAPL opened at $280.19 on Friday. Apple Inc. has a one year low of $193.25 and a one year high of $288.62. The stock has a market capitalization of $4.11 trillion, a PE ratio of 33.88, a P/E/G ratio of 2.55 and a beta of 1.06. The business's 50 day moving average price is $260.73 and its 200 day moving average price is $265.14. 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 released its quarterly earnings data on Thursday, April 30th. The iPhone maker reported $2.01 EPS for the quarter, beating analysts' consensus estimates of $1.95 by $0.06. Apple had a return on equity of 161.46% and a net margin of 27.15%.The firm had revenue of $111.18 billion for the quarter, compared to analysts' expectations of $109.46 billion. During the same period in the prior year, the firm posted $1.65 earnings per share. The firm's quarterly revenue was up 16.6% on a year-over-year basis. As a group, equities research analysts expect that Apple Inc. will post 8.64 EPS for the current year.

Apple Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 14th. Investors of record on Monday, May 11th will be issued a $0.27 dividend. This is a boost from Apple's previous quarterly dividend of $0.26. This represents a $1.08 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date is Monday, May 11th. Apple's payout ratio is currently 13.15%.

Key Apple News

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Q2 results beat and June-quarter guidance well above Street expectations, giving investors confidence in near-term sales momentum and margins. Apple stages sharpest rally in 9 months as execs cite iPhone, Mac demand in boosting guidance
• Positive Sentiment: Management expanded capital returns — a large share buyback ($100B) plus a dividend raise — which supports EPS and buyback-driven upside. Apple (AAPL) Stock: Q2 Earnings Beat ... and $100B Buyback
• Positive Sentiment: Stronger-than-expected demand in Greater China and for the iPhone 17 and Mac lineup (including Mac Mini demand for AI work) is driving top-line upside and a re-rating by some analysts. Apple's China sales jumped 28%: now analysts are rethinking AAPL
• Positive Sentiment: Multiple firms raised price targets and options activity surged, signaling bullish positioning and expectations for further upside. Analyst moves & options flow
• Neutral Sentiment: Apple signaled it is retiring its net-cash-neutral target — investors interpret this as freeing cash for a potential large AI acquisition, but timing and impact remain speculative. Apple just gave a subtle clue that a splashy AI acquisition may be in the cards
• Neutral Sentiment: Media/services expansion — Apple aims to grow its sports/TV footprint (Formula One content and TV deals), which supports longer-term services revenue diversification but is incremental near term. Apple's Cue expects F1 movie sequel...
• Negative Sentiment: Management warned that the global memory-chip shortage is worsening — that creates a real near-term cost/margin headwind and could force pricing or longer-term supplier commitments. Apple Warns the Memory Shortage Is Getting Worse
• Negative Sentiment: Some analysts remain cautious — Wall Street is split on whether the beat is sustainable versus one-time effects (tariff refunds, inventory/timing), leaving valuation and durability questions. Wall Street Splits on Apple After Q2 Beat

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the company. DA Davidson restated a "neutral" rating and issued a $270.00 price target on shares of Apple in a research report on Friday. Rosenblatt Securities upped their price target on Apple from $268.00 to $276.00 and gave the company a "neutral" rating in a research report on Friday. Oppenheimer restated a "market perform" rating on shares of Apple in a research report on Friday, January 30th. UBS Group set a $296.00 price target on Apple in a research report on Friday. Finally, Sanford C. Bernstein restated an "outperform" rating on shares of Apple in a research report on Wednesday, March 4th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Apple has a consensus rating of "Moderate Buy" and a consensus target price of $304.31.

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.

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.