Apple Inc. $AAPL Position Lessened by Whitener Capital Management Inc.

Whitener Capital Management Inc. lessened its holdings in Apple Inc. (NASDAQ:AAPL) by 2.5% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 100,553 shares of the iPhone maker’s stock after selling 2,596 shares during the quarter. Apple comprises 6.2% of Whitener Capital Management Inc.’s investment portfolio, making the stock its 2nd biggest position. Whitener Capital Management Inc.’s holdings in Apple were worth $27,336,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in AAPL. First National Bank of Hutchinson raised its position in shares of Apple by 24.6% in 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 raised its position 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 worth $13,544,000 after buying an additional 272 shares in the last quarter. Brighton Jones LLC raised its position 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 worth $134,554,000 after buying an additional 69,207 shares in the last quarter. Revolve Wealth Partners LLC raised its position 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 worth $16,742,000 after buying an additional 2,695 shares in the last quarter. Finally, Highview Capital Management LLC DE raised its position 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 valued at $12,587,000 after purchasing an additional 1,155 shares in the last quarter. Hedge funds and other institutional investors own 67.73% of the company’s stock.

Apple Stock Down 1.2%

Shares of NASDAQ:AAPL opened at $276.73 on Tuesday. The stock’s 50-day moving average price is $260.73 and its 200-day moving average price is $265.27. Apple Inc. has a 12-month low of $193.25 and a 12-month high of $288.62. The stock has a market capitalization of $4.06 trillion, a P/E ratio of 33.46, a price-to-earnings-growth ratio of 2.51 and a beta of 1.06. The company has a current ratio of 1.07, a quick ratio of 1.02 and a debt-to-equity ratio of 0.70.

Apple (NASDAQ:AAPL) last posted its earnings results on Thursday, April 30th. The iPhone maker reported $2.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.95 by $0.06. The company had revenue of $111.18 billion for the quarter, compared to analysts’ expectations of $109.46 billion. Apple had a return on equity of 146.69% and a net margin of 27.15%.Apple’s quarterly revenue was up 16.6% on a year-over-year basis. During the same period last year, the firm earned $1.65 earnings per share. On average, equities analysts anticipate that Apple Inc. will post 8.64 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. Investors of record on Monday, May 11th will be paid a $0.27 dividend. The ex-dividend date of this dividend is Monday, May 11th. This is a boost from Apple’s previous quarterly dividend of $0.26. This represents a $1.08 annualized dividend and a dividend yield of 0.4%. Apple’s payout ratio is 12.58%.

Insider Buying and Selling

In related news, CFO Kevan Parekh sold 1,534 shares of the firm’s stock in a transaction dated Thursday, April 23rd. The stock was sold at an average price of $275.00, for a total value of $421,850.00. Following the sale, the chief financial officer directly owned 13,366 shares of the company’s stock, valued at $3,675,650. This trade represents a 10.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Timothy D. Cook sold 64,949 shares of the firm’s stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $254.23, for a total value of $16,511,984.27. Following the completion of the sale, the chief executive officer directly owned 3,280,418 shares in the company, valued at $833,980,668.14. The trade was a 1.94% 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. Insiders have sold 96,485 shares of company stock valued at $24,594,845 over the last ninety days. 0.06% of the stock is owned by insiders.

Apple News Roundup

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple set to pay its second 2026 dividend next week (ex‑dividend May 11, pay date May 14), which supports yield-seeking investors and buyback/dividend total‑return narratives. Read More.
• Positive Sentiment: Exploratory talks with Intel and Samsung to build Apple device processors in the U.S. signal active de‑risking of TSMC concentration — a structural supply‑chain positive if it scales. Read More.
• Positive Sentiment: Wall Street momentum from a stronger‑than‑expected Q2 (record revenue, $2.01 EPS) plus a $100B buyback and recent analyst price‑target upgrades underpin bullish sentiment. Read More.
• Neutral Sentiment: Apple is reportedly weighing a major AI acquisition and increasing R&D spend — a potential long‑term growth driver but with execution and cost uncertainty. Read More.
• Neutral Sentiment: Product roadmap updates (iOS 27 Wallet “Create a Pass”, more on‑device AI) support services/engagement but are incremental to near‑term revenue. Read More.
• Negative Sentiment: Ongoing chip constraints and concerns about adopting non‑TSMC process tech raise short‑term supply/timing and margin uncertainty for iPhone and Mac production. Read More.
• Negative Sentiment: CEO Tim Cook has warned about rising component/memory costs (which can compress margins), and Apple is fighting legal disputes (Epic) that can create near‑term headline risk. Read More. · Read More.

Analyst Upgrades and Downgrades

AAPL has been the topic of a number of research reports. Sanford C. Bernstein restated an “outperform” rating on shares of Apple in a research report on Wednesday, March 4th. Royal Bank Of Canada set a $325.00 price target on Apple in a research report on Monday, February 2nd. Wells Fargo & Company restated an “overweight” rating and set a $310.00 price target (up from $300.00) on shares of Apple in a research report on Friday. Evercore restated an “outperform” rating on shares of Apple in a research report on Monday, March 2nd. Finally, The Goldman Sachs Group restated a “buy” rating on shares of Apple in a research report on Monday, March 2nd. One analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Apple currently has an average rating of “Moderate Buy” and a consensus price target of $304.31.

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.