ICICI Prudential Asset Management Co Ltd Has $23.59 Million Stock Holdings in Apple Inc. $AAPL

ICICI Prudential Asset Management Co Ltd increased its holdings in shares of Apple Inc. (NASDAQ:AAPL) by 21.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 92,637 shares of the iPhone maker’s stock after acquiring an additional 16,553 shares during the period. Apple comprises approximately 2.5% of ICICI Prudential Asset Management Co Ltd’s holdings, making the stock its 9th largest holding. ICICI Prudential Asset Management Co Ltd’s holdings in Apple were worth $23,588,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Clear Creek Financial Management LLC raised its position in Apple by 4.5% in the 3rd quarter. Clear Creek Financial Management LLC now owns 71,461 shares of the iPhone maker’s stock valued at $18,196,000 after purchasing an additional 3,070 shares during the last quarter. Fiera Capital Corp boosted its stake in Apple by 1,057.3% in the third quarter. Fiera Capital Corp now owns 375,635 shares of the iPhone maker’s stock worth $95,648,000 after purchasing an additional 343,176 shares in the last quarter. VeraBank N.A. grew its holdings in shares of Apple by 0.3% during the third quarter. VeraBank N.A. now owns 71,922 shares of the iPhone maker’s stock worth $18,313,000 after purchasing an additional 208 shares during the last quarter. Alpha Financial Partners LLC increased its stake in shares of Apple by 17.0% in the third quarter. Alpha Financial Partners LLC now owns 7,149 shares of the iPhone maker’s stock valued at $1,820,000 after buying an additional 1,039 shares in the last quarter. Finally, Cumberland Partners Ltd increased its stake in shares of Apple by 205.1% in the third quarter. Cumberland Partners Ltd now owns 200,179 shares of the iPhone maker’s stock valued at $50,972,000 after buying an additional 134,564 shares in the last quarter. 67.73% of the stock is owned by institutional investors and hedge funds.

More Apple News

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Wedbush raised its street-high price target to $350, arguing Apple’s AI-capable Macs and refreshed product cycle could unlock ~33% upside — a clear bullish signal for investors. Wedbush $350 target
• Positive Sentiment: Analysts and commentators highlight Apple’s AI approach (hardware + Google Gemini partnership) as a profitability-focused alternative to the capex-heavy AI race — narrative supports margins and services monetization. AAPL Not Running AI Race Paying Off? iPhone & Google Gemini Add Tech Muscle
• Positive Sentiment: Apple’s exclusive U.S. Formula 1 streaming deal for Apple TV expands services revenue and engagement — a structural positive for recurring revenue and ecosystem stickiness. Formula 1 and Apple’s big gamble
• Positive Sentiment: The MacBook Neo ($599) and entry-level iPhone broaden addressable market (students and price-sensitive buyers), which could modestly increase unit volumes and services attach over time. Apple Slashes Entry Price With MacBook Neo
• Neutral Sentiment: Smaller analyst moves: Rosenblatt nudged its PT slightly and Barclays revised targets in recent notes — these are incremental but keep the debate active on upside scope. Rosenblatt/Benzinga note
• Neutral Sentiment: Apple remains a staple in dividend-growth ETFs (e.g., DGRO), reinforcing long-term passive demand even amid short-term volatility. DGRO / Market context
• Negative Sentiment: Some outlets reported an immediate share pullback after the budget-product announcements (concerns about margin dilution and the market’s rotation away from expensive Big Tech/AI spenders). That knee-jerk selling contributed to intraday weakness. Apple stock slid after MacBook Neo
• Negative Sentiment: Wider market pressure on AI-capex-heavy names and headlines about “Big Tech” valuation compression mean Apple can be caught up in sector moves even as company-specific fundamentals remain strong. Big Tech valuation rotation
• Neutral Sentiment: Short-interest data in some feeds showed a spike but the reports contain inconsistent values (0 shares / NaN) — treat that as likely reporting noise rather than evidence of a large coordinated short. (No reliable source link available in the feed.)

Wall Street Analyst Weigh In

AAPL has been the topic of several research reports. CLSA upped their price target on shares of Apple from $265.00 to $330.00 and gave the stock an “outperform” rating in a research report on Friday, December 5th. Citigroup restated a “buy” rating and issued a $315.00 price objective (down from $330.00) on shares of Apple in a research report on Tuesday, January 20th. Wedbush restated an “outperform” rating and issued a $350.00 price objective on shares of Apple in a research report on Wednesday. Monness Crespi & Hardt upped their target price on shares of Apple from $300.00 to $315.00 and gave the stock a “buy” rating in a research report on Friday, January 30th. Finally, Needham & Company LLC reissued a “hold” rating on shares of Apple in a research note on Friday, January 30th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $297.58.

Apple Stock Performance

Shares of NASDAQ:AAPL opened at $257.46 on Friday. The stock has a market capitalization of $3.78 trillion, a P/E ratio of 32.55, a P/E/G ratio of 2.30 and a beta of 1.10. Apple Inc. has a 1-year low of $169.21 and a 1-year high of $288.62. The company has a current ratio of 0.97, a quick ratio of 0.94 and a debt-to-equity ratio of 0.87. The business has a 50-day moving average price of $263.56 and a two-hundred day moving average price of $260.46.

Apple (NASDAQ:AAPL) last issued its earnings results on Thursday, January 29th. The iPhone maker reported $2.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.67 by $0.17. Apple had a net margin of 27.04% and a return on equity of 159.94%. The company had revenue of $143.76 billion for the quarter, compared to analyst estimates of $138.25 billion. During the same quarter last year, the firm earned $2.40 EPS. The company’s revenue for the quarter was up 15.7% on a year-over-year basis. Equities analysts predict that Apple Inc. will post 7.28 earnings per share for the current year.

Apple Dividend Announcement

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

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.