Whittier Trust Co. Has $480.93 Million Stock Holdings in Apple Inc. $AAPL

Key Points

• Whittier Trust Co. increased its Apple stake by 2.7% in the fourth quarter, ending with 1.83 million shares valued at about $480.9 million. Apple is now its third-largest holding and makes up 5.2% of the firm’s portfolio.
• Apple reported better-than-expected quarterly results, with EPS of $2.01 versus the $1.95 estimate and revenue of $111.18 billion, up 16.6% year over year. Analysts now expect the company to earn 8.74 EPS for the current fiscal year.
• The company also raised its quarterly dividend to $0.27 per share from $0.26, while several analysts kept or lifted bullish ratings and price targets. The consensus price target currently stands at $305.74.

Whittier Trust Co. boosted its position in Apple Inc. (NASDAQ:AAPL - Free Report) by 2.7% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,833,094 shares of the iPhone maker's stock after purchasing an additional 47,935 shares during the quarter. Apple comprises 5.2% of Whittier Trust Co.'s holdings, making the stock its 3rd biggest position. Whittier Trust Co.'s holdings in Apple were worth $480,931,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. First National Bank of Hutchinson raised its position in shares of Apple by 24.6% during the 4th quarter. First National Bank of Hutchinson now owns 35,319 shares of the iPhone maker's stock worth $8,845,000 after buying an additional 6,982 shares in the last quarter. Eagle Capital Management LLC boosted its holdings in shares of Apple by 0.5% in the fourth quarter. Eagle Capital Management LLC now owns 54,085 shares of the iPhone maker's stock valued at $13,544,000 after acquiring an additional 272 shares in the last quarter. Brighton Jones LLC increased its stake in shares of Apple by 14.8% during the fourth quarter. Brighton Jones LLC now owns 537,314 shares of the iPhone maker's stock valued at $134,554,000 after acquiring an additional 69,207 shares during the period. Revolve Wealth Partners LLC increased its stake in shares of Apple by 4.2% during the fourth quarter. Revolve Wealth Partners LLC now owns 66,857 shares of the iPhone maker's stock valued at $16,742,000 after acquiring an additional 2,695 shares during the period. Finally, Highview Capital Management LLC DE raised its holdings in Apple by 2.4% during the fourth quarter. Highview Capital Management LLC DE now owns 50,264 shares of the iPhone maker's stock worth $12,587,000 after purchasing an additional 1,155 shares in the last quarter. Institutional investors own 67.73% of the company's stock.

Apple Stock Performance

Shares of AAPL stock opened at $292.68 on Tuesday. The company has a market capitalization of $4.30 trillion, a price-to-earnings ratio of 35.39, a P/E/G ratio of 2.55 and a beta of 1.06. Apple Inc. has a 1-year low of $193.46 and a 1-year high of $294.76. The company has a current ratio of 1.07, a quick ratio of 1.02 and a debt-to-equity ratio of 0.70. The stock's fifty day simple moving average is $262.63 and its 200-day simple moving average is $266.47.

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

Apple Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 14th. Stockholders of record on Monday, May 11th will be given a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.4%. This is a positive change from Apple's previous quarterly dividend of $0.26. The ex-dividend date of this dividend is Monday, May 11th. Apple's payout ratio is currently 12.58%.

Insider Buying and Selling

In related news, CEO Timothy D. Cook sold 64,949 shares of the business's stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $254.23, for a total transaction of $16,511,984.27. Following the transaction, the chief executive officer directly owned 3,280,418 shares of the company's stock, valued at approximately $833,980,668.14. The trade was a 1.94% decrease in their ownership of the stock. 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, SVP Deirdre O'brien sold 30,002 shares of the business's stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $255.35, for a total transaction of $7,661,010.70. Following the transaction, the senior vice president directly owned 136,810 shares in the company, valued at $34,934,433.50. The trade was a 17.99% 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 three months, insiders sold 96,485 shares of company stock worth $24,594,845. 0.06% of the stock is owned by company insiders.

Trending Headlines about Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple’s latest earnings call hinted at a more aggressive growth strategy, which could signal faster investment in new products, services, and AI-driven opportunities. Did Apple Just Drop a Big Hint About Its Future Growth Strategy?
• Positive Sentiment: Apple is rolling out end-to-end encrypted RCS messaging for iPhone and Android users in iOS 26.5, a consumer-friendly update that strengthens the ecosystem and could improve user loyalty. Apple And Google Finally Close SMS Security Gap As iOS 26.5 Brings End-To-End Encrypted RCS Messaging For Android And iPhone Conversations
• Positive Sentiment: Wall Street remains constructive, with analysts citing Apple’s supply-chain strength and potential AI services upside, reinforcing the bull case for continued earnings and margin expansion. Apple (AAPL) Gains Wall Street Confidence on Supply Chain Strength and AI Services Potential
• Positive Sentiment: Apple raised the price of the Mac mini as AI-related demand created back orders, suggesting stronger demand for higher-end Mac products and potential pricing power. Apple Raises Mac Mini Price As AI Demand Drives 3-Month Back Orders
• Positive Sentiment: Multiple reports framed Apple as a beneficiary of the growing AI cycle, with rising R&D spending and upcoming WWDC likely to keep investors focused on product and platform catalysts. Apple’s Higher R&D Signals Deeper AI Push And Investor Reassessment
• Neutral Sentiment: Apple was also featured in broader industry reports on mobile gaming and autonomous vehicles, which highlight the company’s platform reach but do not point to an immediate fundamental catalyst. Video Games Strategic Intelligence Report 2026: A $352 Billion Market by 2030 with Mobile Gaming Accounting for More Than Half of Revenue - Apple, Alphabet, and Valve Control Key Distribution Channels
• Negative Sentiment: Some headlines could temper enthusiasm, including reports of a board veteran selling $71 million in Apple shares, which may be seen as insider caution even after strong results. Apple Director Sells $71 Million in Shares
• Negative Sentiment: One report said Apple’s next Vision Pro headset is years away, suggesting the mixed-reality product line may not contribute meaningfully to near-term growth. Apple's Next Vision Pro Headset Is Reportedly Years Away

Analysts Set New Price Targets

A number of equities analysts have issued reports on AAPL shares. Bank of America increased their price target on Apple from $320.00 to $325.00 and gave the company a "buy" rating in a research note on Tuesday, April 14th. The Goldman Sachs Group reissued a "buy" rating on shares of Apple in a research note on Monday, March 2nd. TD Cowen restated a "buy" rating and issued a $335.00 price objective (up from $325.00) on shares of Apple in a report on Friday, May 1st. Sanford C. Bernstein reaffirmed an "outperform" rating on shares of Apple in a research note on Wednesday, March 4th. Finally, Morgan Stanley reaffirmed an "overweight" rating and set a $330.00 target price (up from $315.00) on shares of Apple in a report on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Apple has an average rating of "Moderate Buy" and a consensus price target of $305.74.

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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