Wedbush Comments on Apple’s FY2025 Earnings (NASDAQ:AAPL)

Apple Inc. (NASDAQ:AAPL) – Equities researchers at Wedbush lowered their FY2025 earnings estimates for shares of Apple in a report issued on Sunday, April 13th. Wedbush analyst D. Ives now anticipates that the iPhone maker will post earnings of $7.00 per share for the year, down from their previous forecast of $7.44. Wedbush has a “Outperform” rating and a $250.00 price objective on the stock. The consensus estimate for Apple’s current full-year earnings is $7.28 per share. Wedbush also issued estimates for Apple’s Q2 2026 earnings at $1.69 EPS and Q3 2026 earnings at $1.57 EPS.

Apple (NASDAQ:AAPL) last posted its earnings results on Thursday, January 30th. The iPhone maker reported $2.40 EPS for the quarter, beating analysts’ consensus estimates of $2.36 by $0.04. Apple had a net margin of 24.30% and a return on equity of 160.83%.

Other equities research analysts have also recently issued research reports about the stock. Bank of America dropped their price objective on shares of Apple from $265.00 to $250.00 and set a “buy” rating on the stock in a research note on Thursday, April 3rd. Citigroup lowered their price target on shares of Apple from $275.00 to $245.00 and set a “buy” rating on the stock in a research report on Monday. Oppenheimer downgraded shares of Apple from an “outperform” rating to a “market perform” rating in a report on Wednesday, January 29th. Maxim Group raised their price objective on Apple to $215.00 and gave the stock a “hold” rating in a research report on Friday, February 21st. Finally, KeyCorp raised shares of Apple from an “underweight” rating to a “sector weight” rating in a research note on Monday. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating, twenty-two have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, Apple currently has a consensus rating of “Moderate Buy” and an average target price of $235.85.

Apple Price Performance

Shares of NASDAQ AAPL opened at $202.14 on Tuesday. The company has a market cap of $3.04 trillion, a PE ratio of 32.09, a P/E/G ratio of 2.44 and a beta of 1.26. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.88 and a current ratio of 0.92. The business has a 50-day simple moving average of $221.65 and a two-hundred day simple moving average of $230.79. Apple has a fifty-two week low of $164.08 and a fifty-two week high of $260.10.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Norges Bank bought a new position in Apple in the 4th quarter valued at approximately $46,868,648,000. International Assets Investment Management LLC increased its position in shares of Apple by 20,372.7% during the third quarter. International Assets Investment Management LLC now owns 94,347,510 shares of the iPhone maker’s stock worth $219,829,700,000 after buying an additional 93,886,664 shares during the period. GAMMA Investing LLC boosted its position in Apple by 25,934.1% during the first quarter. GAMMA Investing LLC now owns 60,066,398 shares of the iPhone maker’s stock valued at $133,425,490,000 after acquiring an additional 59,835,676 shares during the last quarter. State Street Corp raised its position in shares of Apple by 10.6% in the 3rd quarter. State Street Corp now owns 584,010,284 shares of the iPhone maker’s stock worth $136,074,372,000 after acquiring an additional 55,935,105 shares in the last quarter. Finally, Vanguard Group Inc. increased its stake in shares of Apple by 3.7% in the 4th quarter. Vanguard Group Inc. now owns 1,395,785,512 shares of the iPhone maker’s stock valued at $349,532,608,000 after acquiring an additional 49,168,843 shares in the last quarter. Institutional investors and hedge funds own 67.73% of the company’s stock.

Insider Transactions at Apple

In other news, COO Jeffrey E. Williams sold 35,493 shares of the stock in a transaction dated Wednesday, April 2nd. The shares were sold at an average price of $224.01, for a total value of $7,950,786.93. Following the transaction, the chief operating officer now directly owns 390,059 shares of the company’s stock, valued at $87,377,116.59. This represents a 8.34 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Timothy D. Cook sold 108,136 shares of the company’s stock in a transaction dated Wednesday, April 2nd. The shares were sold at an average price of $223.65, for a total transaction of $24,184,616.40. Following the completion of the transaction, the chief executive officer now owns 3,280,295 shares in the company, valued at $733,637,976.75. This trade represents a 3.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 182,451 shares of company stock valued at $40,818,720 in the last ninety days. 0.06% of the stock is currently owned by corporate insiders.

Apple Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, February 13th. Shareholders of record on Monday, February 10th were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 0.49%. The ex-dividend date of this dividend was Monday, February 10th. Apple’s dividend payout ratio (DPR) is currently 15.87%.

About Apple

Apple Inc designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple TV, Apple Watch, Beats products, and HomePod.