Whittier Trust Co. of Nevada Inc. Has $285.40 Million Stock Position in Apple Inc. $AAPL

Key Points

• Whittier Trust Co. of Nevada trimmed its Apple stake by 1.3% in the fourth quarter, but still held 1,087,824 shares worth about $285.4 million. Apple remains its 2nd largest position and makes up roughly 5.9% of its holdings.
• Apple reported strong quarterly results, with EPS of $2.01 beating estimates and revenue of $111.18 billion topping expectations. Revenue rose 16.6% year over year, and analysts now expect $8.74 EPS for the full fiscal year.
• The company recently raised its quarterly dividend to $0.27 per share from $0.26, while Wall Street remains constructive overall. The stock has an average analyst rating of “Moderate Buy” with a consensus price target of $305.74.

Whittier Trust Co. of Nevada Inc. reduced its holdings in shares of Apple Inc. (NASDAQ:AAPL - Free Report) by 1.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,087,824 shares of the iPhone maker's stock after selling 14,012 shares during the quarter. Apple makes up about 5.9% of Whittier Trust Co. of Nevada Inc.'s holdings, making the stock its 2nd largest position. Whittier Trust Co. of Nevada Inc.'s holdings in Apple were worth $285,402,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in Apple by 0.4% in the 1st quarter. Vanguard Group Inc. now owns 1,400,790,809 shares of the iPhone maker's stock worth $311,157,662,000 after purchasing an additional 5,005,297 shares in the last quarter. State Street Corp lifted its stake in Apple by 0.9% during the second quarter. State Street Corp now owns 601,249,995 shares of the iPhone maker's stock worth $123,358,461,000 after purchasing an additional 5,224,229 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Apple by 1.4% in the 2nd quarter. Geode Capital Management LLC now owns 354,749,794 shares of the iPhone maker's stock worth $72,506,336,000 after purchasing an additional 4,942,638 shares in the last quarter. Norges Bank bought a new stake in Apple in the 2nd quarter worth approximately $38,942,255,000. Finally, Northern Trust Corp boosted its stake in Apple by 13.3% in the fourth quarter. Northern Trust Corp now owns 171,385,531 shares of the iPhone maker's stock worth $42,918,365,000 after buying an additional 20,079,472 shares in the last quarter. 67.73% of the stock is owned by hedge funds and other institutional investors.

Apple Price Performance

Shares of AAPL opened at $292.68 on Tuesday. Apple Inc. has a twelve month low of $193.46 and a twelve month high of $294.76. The company has a market capitalization of $4.30 trillion, a P/E ratio of 35.39, a price-to-earnings-growth ratio of 2.55 and a beta of 1.06. The firm has a 50 day moving average of $262.63 and a 200 day moving average of $266.47. The company has a quick ratio of 1.02, a current ratio of 1.07 and a debt-to-equity ratio of 0.70.

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

Apple Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 14th. Stockholders of record on Monday, May 11th will be paid a dividend of $0.27 per share. The ex-dividend date is Monday, May 11th. This represents a $1.08 annualized dividend and a dividend yield of 0.4%. This is a boost from Apple's previous quarterly dividend of $0.26. Apple's dividend payout ratio is 12.58%.

Insider Activity

In related 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 value of $421,850.00. Following the transaction, the chief financial officer directly owned 13,366 shares of the company's stock, valued at approximately $3,675,650. This trade represents a 10.30% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Deirdre O'brien sold 30,002 shares of the business'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 sale, the senior vice president directly owned 136,810 shares of the company's stock, valued at $34,934,433.50. This represents a 17.99% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 96,485 shares of company stock valued at $24,594,845 in the last 90 days. Company insiders own 0.06% of the company's stock.

Key Headlines Impacting 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

Wall Street Analyst Weigh In

AAPL has been the subject of several research analyst reports. The Goldman Sachs Group reaffirmed a "buy" rating on shares of Apple in a research report on Monday, March 2nd. Stephens set a $315.00 price target on shares of Apple in a research note on Monday, January 26th. Moffett Nathanson raised their price objective on shares of Apple from $241.00 to $270.00 and gave the stock a "neutral" rating in a report on Wednesday, February 25th. Sanford C. Bernstein reaffirmed an "outperform" rating on shares of Apple in a research report on Wednesday, March 4th. Finally, Robert W. Baird set a $310.00 target price on Apple in a report on Friday, May 1st. One 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 issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $305.74.

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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