DT Investment Partners LLC Sells 3,723 Shares of Apple Inc. $AAPL

DT Investment Partners LLC cut its stake in Apple Inc. (NASDAQ:AAPL) by 9.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 37,064 shares of the iPhone maker’s stock after selling 3,723 shares during the period. Apple makes up approximately 0.8% of DT Investment Partners LLC’s holdings, making the stock its 28th biggest position. DT Investment Partners LLC’s holdings in Apple were worth $9,438,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. First National Bank of Hutchinson grew its holdings in shares of Apple by 24.6% during the 4th quarter. First National Bank of Hutchinson now owns 35,319 shares of the iPhone maker’s stock worth $8,845,000 after purchasing an additional 6,982 shares in the last quarter. Eagle Capital Management LLC raised its stake 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 lifted its position in 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 purchasing an additional 69,207 shares during the period. Revolve Wealth Partners LLC boosted its stake in Apple by 4.2% during 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 boosted its stake 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 worth $12,587,000 after buying an additional 1,155 shares in the last quarter. Institutional investors own 67.73% of the company’s stock.

Insider Activity

In related news, insider Chris Kondo sold 3,752 shares of Apple stock in a transaction dated Friday, November 7th. The stock was sold at an average price of $271.23, for a total value of $1,017,654.96. Following the completion of the transaction, the insider directly owned 15,098 shares of the company’s stock, valued at $4,095,030.54. The trade was a 19.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.06% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of equities analysts have recently commented on AAPL shares. JPMorgan Chase & Co. raised their price objective on shares of Apple from $290.00 to $305.00 and gave the stock an “overweight” rating in a report on Friday, October 31st. Wall Street Zen lowered shares of Apple from a “buy” rating to a “hold” rating in a research report on Sunday, November 9th. Raymond James Financial restated a “market perform” rating on shares of Apple in a research note on Friday, January 2nd. Citigroup reiterated a “buy” rating and issued a $315.00 price objective (down from $330.00) on shares of Apple in a research note on Tuesday. Finally, Robert W. Baird set a $300.00 target price on Apple in a report on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $281.70.

Apple Stock Performance

NASDAQ:AAPL opened at $248.35 on Friday. The stock has a market capitalization of $3.65 trillion, a P/E ratio of 33.25, a price-to-earnings-growth ratio of 2.32 and a beta of 1.09. The company has a current ratio of 0.89, a quick ratio of 0.86 and a debt-to-equity ratio of 1.06. Apple Inc. has a 1 year low of $169.21 and a 1 year high of $288.62. The firm has a 50 day moving average of $269.93 and a 200-day moving average of $249.53.

Apple (NASDAQ:AAPL) last released its quarterly earnings results on Thursday, October 30th. The iPhone maker reported $1.85 EPS for the quarter, topping analysts’ consensus estimates of $1.74 by $0.11. Apple had a return on equity of 164.05% and a net margin of 26.92%.The business had revenue of $102.47 billion for the quarter, compared to analyst estimates of $101.65 billion. During the same period in the prior year, the company earned $1.64 EPS. Apple’s revenue for the quarter was up 8.7% on a year-over-year basis. As a group, sell-side analysts anticipate that Apple Inc. will post 7.28 EPS for the current fiscal year.

Apple Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, November 13th. Stockholders of record on Monday, November 10th were paid a $0.26 dividend. The ex-dividend date was Monday, November 10th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.4%. Apple’s dividend payout ratio (DPR) is 13.92%.

Apple News Summary

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Multiple reports say Apple will turn Siri into a ChatGPT-style chatbot (reportedly using Google’s Gemini) later this year — a major AI product pivot that could re-accelerate services engagement and investor sentiment. Bloomberg: Apple to revamp Siri as a built-in chatbot
• Positive Sentiment: Reports that Apple is developing an AI wearable “pin” (screenless assistant) and racing to match OpenAI/others add another potential new hardware revenue stream and extend Apple’s AI narrative. Product optionality tends to support higher multiples if execution follows. TechCrunch: Apple developing an AI wearable
• Positive Sentiment: Counterpoint/market reports show Apple regained top smartphone share in China with >28% shipment growth in Q4 — a strong regional performance that supports iPhone unit/ASP assumptions going into earnings. Reuters/24/7 Wall St.: Apple’s surge in China
• Positive Sentiment: Analyst support is building: Evercore added Apple to a tactical outperform list and bullish price targets (and other firms reiterated confidence), which can amplify any positive earnings surprise. Evercore reaffirmation / analyst coverage
• Positive Sentiment: MarketBeat and others argue Apple’s sell-off looks oversold technically (RSI at multiyear lows) and fundamentals remain intact — this sets up a potentially asymmetric upside into earnings if results beat. MarketBeat: Sell-off may be overdone
• Neutral Sentiment: Multiple previews and threads outline accounting items and expectations ahead of the Jan. 29 report — important for short-term volatility but outcome-dependent. Zacks: Wall Street earnings expectations
• Neutral Sentiment: Jim Cramer and other commentators are defending Apple/Big Tech exposure and debating the recent pullback — helpful for sentiment but not a direct fundamental driver. CNBC: Jim Cramer on Magnificent Seven
• Neutral Sentiment: Apple/Netflix Best Picture nomination and Funding Circle adding Apple Pay listings are PR/brand positives but unlikely to move the stock materially. Benzinga: Oscar nominations
• Negative Sentiment: Apple asked an Indian court to block the competition authority from seeking global financials in an app-store probe — prolonged regulatory fights could raise compliance costs and create uncertainty in a key growth market. Reuters: Apple asks Indian court to stop antitrust body
• Negative Sentiment: Apple China announced short-term discounts on products — could provide a sales boost but may signal promotional pressure or slowing near-term demand in the region. Reuters: Apple China discounts
• Negative Sentiment: Portfolio moves (e.g., Cypress Funds trimming ~29k shares) and macro shocks (tariff/geopolitical fears linked to market drops) add selling pressure into earnings season. TipRanks: Cypress Funds cuts stake

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.