Deltec Asset Management LLC Lowers Stock Position in Apple Inc. $AAPL

Deltec Asset Management LLC reduced its position in Apple Inc. (NASDAQ:AAPL) by 8.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 26,350 shares of the iPhone maker’s stock after selling 2,280 shares during the quarter. Apple comprises about 1.1% of Deltec Asset Management LLC’s investment portfolio, making the stock its 21st biggest position. Deltec Asset Management LLC’s holdings in Apple were worth $6,710,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Financial Futures Ltd Liability Co. boosted its position in Apple by 13.2% during the 2nd quarter. Financial Futures Ltd Liability Co. now owns 3,552 shares of the iPhone maker’s stock worth $729,000 after purchasing an additional 415 shares during the period. Monarch Capital Management Inc. lifted its stake in shares of Apple by 4.6% during the second quarter. Monarch Capital Management Inc. now owns 66,967 shares of the iPhone maker’s stock worth $13,740,000 after purchasing an additional 2,920 shares in the last quarter. American National Bank & Trust boosted its position in shares of Apple by 2.4% in the second quarter. American National Bank & Trust now owns 195,482 shares of the iPhone maker’s stock worth $40,107,000 after buying an additional 4,543 shares during the period. Riverwater Partners LLC grew its stake in shares of Apple by 17.9% in the second quarter. Riverwater Partners LLC now owns 5,404 shares of the iPhone maker’s stock valued at $1,109,000 after buying an additional 819 shares in the last quarter. Finally, Highland Capital Management LLC raised its holdings in shares of Apple by 2.2% during the 3rd quarter. Highland Capital Management LLC now owns 397,834 shares of the iPhone maker’s stock valued at $101,301,000 after buying an additional 8,446 shares during the period. Institutional investors and hedge funds own 67.73% of the company’s stock.

Apple Price Performance

Shares of AAPL stock opened at $270.05 on Tuesday. The firm has a fifty day moving average of $268.26 and a two-hundred day moving average of $252.43. The firm has a market cap of $3.97 trillion, a P/E ratio of 34.14, a P/E/G ratio of 2.37 and a beta of 1.09. Apple Inc. has a 1-year low of $169.21 and a 1-year high of $288.62. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.97 and a quick ratio of 0.94.

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 analysts’ consensus estimates of $2.67 by $0.17. The business had revenue of $143.76 billion for the quarter, compared to analyst estimates of $138.25 billion. Apple had a net margin of 27.04% and a return on equity of 159.94%. The company’s revenue for the quarter was up 15.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.40 EPS. As a group, research analysts anticipate that Apple Inc. will post 7.28 earnings per share for the current fiscal year.

Apple Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, February 12th. Shareholders of record on Monday, February 9th will be issued a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend is Monday, February 9th. Apple’s dividend payout ratio (DPR) is currently 13.15%.

Insider Activity at Apple

In other news, insider Chris Kondo sold 3,752 shares of the business’s stock in a transaction that occurred on 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 sale, the insider directly owned 15,098 shares in the company, valued at approximately $4,095,030.54. The trade was a 19.90% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.06% of the company’s stock.

Trending Headlines about Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Strong iPhone 17 demand drove better-than-expected Q1 results and margin expansion, supporting upgrades and a more bullish outlook for revenue and profitability. The iPhone 17 Changed Everything For Apple – See China (Rating Upgrade)
• Positive Sentiment: Big banks reiterated bullish calls (Morgan Stanley, JPMorgan) citing continued iPhone 17 strength — analyst support is lifting sentiment and contributed to price-target increases. Morgan Stanley and JPMorgan Bullish on Apple Inc. (AAPL) on Strong iPhone 17 Demand
• Positive Sentiment: Several brokerages raised price targets and upgraded Apple after the quarter, adding buy-side momentum and helping push the stock higher. Apple (NASDAQ:AAPL) Price Target Raised to $315.00
• Positive Sentiment: OpenAI launched a Codex coding-assistant app for Apple computers, highlighting tighter AI app integration in the Mac ecosystem and potential demand/support for Mac hardware and services. OpenAI Unveils Codex App for Use with Apple (AAPL) Computers
• Positive Sentiment: Report that Apple acquired Israeli AI/audio startup Q.ai (≈$2B) strengthens the company’s AI content/capability pipeline and supports the AI narrative. Apple Inc. (AAPL) Acquires Israeli Startup Q.ai For Approximately $2 Billion: Report
• Neutral Sentiment: T. Rowe Price launched an active Innovation Leaders ETF that lists Apple as a core holding — potential incremental passive/active inflows but not immediate earnings impact. Nvidia, Apple, Microsoft Anchor T. Rowe Price’s New Active ETF Targeting Innovators
• Neutral Sentiment: India’s policy allowing foreign-funded equipment for contract manufacturers is a structural win for Apple’s India build-out and long-term cost/scale — supports supply diversification. India hands Apple a win by letting foreign firms fund equipment for manufacturers
• Neutral Sentiment: Reported short-interest figures in the feed are effectively zero/erroneous and aren’t influencing the move; no clear short-squeeze signal from this data. (Source: short-interest entry)
• Negative Sentiment: Supply risk: TSMC’s capacity shift toward AI chips (Nvidia demand) could squeeze Apple’s wafer allocations and exacerbate chip constraints, a risk to near-term production and inventory. Nvidia’s AI Takeover Leaves Apple Fighting For Supply
• Negative Sentiment: Talent and margin pressure: reports of AI researcher departures and commentary that rising AI-driven parts demand could lift component costs create medium-term execution and margin risks. Apple Loses More AI Researchers to Meta and Google The AI Boom Is Coming for Apple’s Profit Margins

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. Wells Fargo & Company set a $300.00 price target on Apple and gave the stock an “overweight” rating in a report on Friday, October 31st. Jefferies Financial Group set a $276.47 target price on shares of Apple and gave the stock a “hold” rating in a research report on Monday, January 26th. Morgan Stanley reaffirmed an “overweight” rating and set a $315.00 price target (up from $305.00) on shares of Apple in a report on Wednesday, December 17th. TD Cowen reiterated a “buy” rating and issued a $325.00 price objective on shares of Apple in a report on Friday. Finally, Needham & Company LLC restated a “hold” rating on shares of Apple in a research note on Friday. One research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $291.41.

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.