Boyum Wealth Architects LLC Has $1.59 Million Stake in Apple Inc. $AAPL

Boyum Wealth Architects LLC raised its position in shares of Apple Inc. (NASDAQ:AAPL) by 81.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,395 shares of the iPhone maker’s stock after buying an additional 2,877 shares during the period. Apple comprises 0.7% of Boyum Wealth Architects LLC’s portfolio, making the stock its 22nd biggest position. Boyum Wealth Architects LLC’s holdings in Apple were worth $1,586,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of AAPL. First National Bank of Hutchinson increased its holdings in shares of Apple by 24.6% during the fourth 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 increased 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 purchasing an additional 272 shares in the last quarter. Brighton Jones LLC increased its holdings in shares of Apple by 14.8% in the fourth quarter. Brighton Jones LLC now owns 537,314 shares of the iPhone maker’s stock valued at $134,554,000 after purchasing an additional 69,207 shares in the last quarter. Revolve Wealth Partners LLC increased its holdings in shares of Apple by 4.2% in the fourth quarter. Revolve Wealth Partners LLC now owns 66,857 shares of the iPhone maker’s stock valued at $16,742,000 after purchasing an additional 2,695 shares in the last quarter. Finally, Highview Capital Management LLC DE increased its holdings in shares of Apple by 2.4% in the fourth quarter. Highview Capital Management LLC DE now owns 50,264 shares of the iPhone maker’s stock valued at $12,587,000 after purchasing an additional 1,155 shares in the last quarter. Institutional investors and hedge funds own 67.73% of the company’s stock.

Trending Headlines about Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple’s latest earnings showed record-like strength, with revenue and EPS beating estimates and iPhone sales surging, reinforcing confidence in the company’s core business and margin profile.
• Positive Sentiment: Apple is being viewed more favorably on AI and product innovation, with analysts and commentators highlighting a coming WWDC catalyst, deeper AI integration, and potential new growth from wearables, Vision products, and smart glasses.
• Positive Sentiment: Reports that Apple may use Intel for some chip production could be seen as strategically positive because it reduces reliance on a single supplier and may improve long-term supply-chain resilience. Article Title
• Positive Sentiment: Apple’s pricing power remains intact, as it reportedly raised the Mac mini’s starting price while still seeing strong demand and backorders, suggesting healthy interest in its hardware lineup.
• Neutral Sentiment: Apple will pay its quarterly dividend today, which supports the stock’s income appeal but is not likely a major near-term share-price driver.
• Negative Sentiment: Director Arthur Levinson’s $71 million stock sale may temper enthusiasm a bit, since insider selling near highs can signal management caution or profit-taking.
• Negative Sentiment: Some coverage warns that Apple’s stock may be getting stretched after its run-up, and rising component costs could pressure future margins if consumer hardware pricing becomes harder to manage.

Analyst Ratings Changes

A number of brokerages recently weighed in on AAPL. Wedbush reissued an “outperform” rating and issued a $400.00 price target (up from $350.00) on shares of Apple in a report on Friday. Scotiabank set a $330.00 price target on shares of Apple in a report on Monday, February 2nd. The Goldman Sachs Group reissued a “buy” rating on shares of Apple in a report on Monday, March 2nd. Bank of America raised their price target on shares of Apple from $320.00 to $325.00 and gave the company a “buy” rating in a report on Tuesday, April 14th. Finally, Stephens set a $315.00 price target on shares of Apple in a report on Monday, January 26th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $305.74.

Insiders Place Their Bets

In other Apple news, 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 transaction of $16,511,984.27. Following the completion of the sale, the chief executive officer 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, 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 Apple stock in a transaction on Thursday, April 2nd. The stock was 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 approximately $34,934,433.50. This represents a 17.99% 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. In the last 90 days, insiders sold 96,485 shares of company stock valued at $24,594,845. Company insiders own 0.06% of the company’s stock.

Apple Price Performance

AAPL opened at $292.68 on Tuesday. The company has a fifty day moving average price of $262.63 and a two-hundred day moving average price of $266.47. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.02 and a current ratio of 1.07. Apple Inc. has a 52 week low of $193.46 and a 52 week high of $294.76. The firm has a market capitalization of $4.30 trillion, a PE ratio of 35.39, a P/E/G ratio of 2.55 and a beta of 1.06.

Apple (NASDAQ:AAPL) last released its earnings results 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 net margin of 27.15% and a return on equity of 146.69%. The firm had revenue of $111.18 billion during the quarter, compared to analyst estimates of $109.46 billion. During the same quarter in the previous year, the business earned $1.65 EPS. The business’s quarterly revenue was up 16.6% compared to the same quarter last year. As a group, analysts anticipate that Apple Inc. will post 8.74 earnings per share for the current year.

Apple Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 14th. Shareholders of record on Monday, May 11th will be issued a dividend of $0.27 per share. The ex-dividend date of this dividend is Monday, May 11th. This represents a $1.08 dividend on an annualized basis and a yield of 0.4%. This is a boost from Apple’s previous quarterly dividend of $0.26. Apple’s dividend payout ratio (DPR) is presently 12.58%.

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.