Sagespring Wealth Partners LLC Acquires 13,287 Shares of Apple Inc. $AAPL

Key Points

• Sagespring Wealth Partners LLC increased its Apple stake by 6.0%, buying 13,287 shares to hold 233,226 shares valued at $63,405,000, with Apple comprising roughly 0.5% of the fund and its 26th-largest position.
• Analyst sentiment is broadly constructive: MarketBeat shows an average rating of "Moderate Buy" with an average target of $297.58, and several firms have set targets as high as $330.
• Apple recently beat quarterly expectations (EPS $2.84 vs. $2.67) and reported revenue of $143.76 billion, up 15.7% year-over-year, signaling continued top-line momentum.

Sagespring Wealth Partners LLC raised its stake in Apple Inc. (NASDAQ:AAPL - Free Report) by 6.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 233,226 shares of the iPhone maker's stock after acquiring an additional 13,287 shares during the quarter. Apple makes up approximately 0.5% of Sagespring Wealth Partners LLC's investment portfolio, making the stock its 26th largest position. Sagespring Wealth Partners LLC's holdings in Apple were worth $63,405,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Monarch Capital Management Inc. grew its holdings in shares of Apple by 4.6% during the second quarter. Monarch Capital Management Inc. now owns 66,967 shares of the iPhone maker's stock worth $13,740,000 after purchasing an additional 2,920 shares during the last quarter. Riverwater Partners LLC raised its holdings in Apple by 17.9% in the 2nd 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 during the last quarter. Highland Capital Management LLC raised its holdings in Apple by 2.2% in the 3rd quarter. Highland Capital Management LLC now owns 397,834 shares of the iPhone maker's stock valued at $101,301,000 after buying an additional 8,446 shares during the last quarter. Citizens Financial Group Inc. RI boosted its position in Apple by 48.4% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 1,426,605 shares of the iPhone maker's stock worth $363,256,000 after buying an additional 465,393 shares during the period. Finally, Tufton Capital Management boosted its position in Apple by 4.3% during the 3rd quarter. Tufton Capital Management now owns 100,130 shares of the iPhone maker's stock worth $25,496,000 after buying an additional 4,157 shares during the period. 67.73% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have issued reports on the stock. Jefferies Financial Group set a $330.00 price target on shares of Apple in a research report on Wednesday, March 4th. Scotiabank set a $330.00 price target on shares of Apple in a report on Monday, February 2nd. CLSA boosted their price objective on shares of Apple from $265.00 to $330.00 and gave the stock an "outperform" rating in a research note on Friday, December 5th. DA Davidson restated a "neutral" rating and issued a $270.00 price objective on shares of Apple in a report on Friday, January 30th. Finally, UBS Group reaffirmed a "neutral" rating on shares of Apple in a research report on Wednesday, March 4th. One analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $297.58.

Trending Headlines about Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple announced an "Apple Business" platform and plans to introduce paid ads in Maps (U.S. & Canada) this summer — a direct services monetization play that could lift Services revenue and margins. Apple to bring paid ads to maps to US, Canada this summer
• Positive Sentiment: Apple is testing a standalone Siri app and an "Ask Siri" feature as part of a broader AI push; WWDC (June 8–12) is expected to showcase further AI advancements — potential differentiation in consumer AI services. Apple Plans a Standalone Siri App
• Positive Sentiment: Hardware momentum: surveys and checks point to strong iPhone upgrade intent and supply-chain signals for a potential foldable iPhone in 2026 — product catalysts that support sales upside. Apple preparing first foldable iPhone for 2026 launch
• Neutral Sentiment: Analyst activity is mixed but constructive: Morgan Stanley reaffirmed "overweight" with a ~$315 target while Bank of America trimmed its target slightly to $320 — signals of continued analyst support but also near-term caution. Analyst note
• Neutral Sentiment: Reported spikes in short interest appear to be data/noise (records showing 0 shares and NaN changes) — not a clear short-squeeze signal at this time.
• Negative Sentiment: Regulatory/industry scrutiny is rising: EU broadcasters are pressing regulators over smart-TV and AI control, and broader policy scrutiny could complicate content/AI strategies and ad business expansion in some regions. EU Broadcasters Target Apple Over Smart TV and AI Control
• Negative Sentiment: Wider tech concerns — heavy AI spending and valuation pressure — remain a headwind for sentiment and could weigh on multiples even as revenue grows. The Great Rotation: Fade Dying Tech Stars

Apple Price Performance

Apple stock opened at $251.64 on Wednesday. The stock has a market capitalization of $3.69 trillion, a price-to-earnings ratio of 31.81, a PEG ratio of 2.24 and a beta of 1.10. Apple Inc. has a 52-week low of $169.21 and a 52-week high of $288.62. 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 stock's 50 day moving average price is $260.62 and its two-hundred day moving average price is $262.53.

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, beating analysts' consensus estimates of $2.67 by $0.17. The company had revenue of $143.76 billion for the quarter, compared to the consensus estimate of $138.25 billion. Apple had a net margin of 27.04% and a return on equity of 159.94%. Apple's quarterly revenue was up 15.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.40 EPS. On average, equities analysts predict that Apple Inc. will post 7.28 earnings per share for the current year.

Apple Announces Dividend

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

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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