First Horizon Corp Acquires Shares of 249,426 Apple Inc. $AAPL

Posted by Defense World Staff on Feb 4th, 2026

First Horizon Corp acquired a new stake in Apple Inc. (NASDAQ:AAPL – Free Report) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor acquired 249,426 shares of the iPhone maker’s stock, valued at approximately $63,511,000. Apple accounts for approximately 3.0% of First Horizon Corp’s investment portfolio, making the stock its 2nd largest holding.

Several other hedge funds and other institutional investors have also modified their holdings of AAPL. ROSS JOHNSON & Associates LLC increased its holdings in shares of Apple by 1,800.0% during the first quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker’s stock worth $42,000 after buying an additional 180 shares in the last quarter. LSV Asset Management acquired a new position in shares of Apple in the 4th quarter worth approximately $65,000. Nexus Investment Management ULC increased its holdings in Apple by 333.3% during the 2nd quarter. Nexus Investment Management ULC now owns 260 shares of the iPhone maker’s stock valued at $53,000 after purchasing an additional 200 shares in the last quarter. Morgan Dempsey Capital Management LLC increased its holdings in Apple by 41.0% during the 2nd quarter. Morgan Dempsey Capital Management LLC now owns 430 shares of the iPhone maker’s stock valued at $88,000 after purchasing an additional 125 shares in the last quarter. Finally, HFM Investment Advisors LLC bought a new position in Apple in the 1st quarter valued at $99,000. Institutional investors own 67.73% of the company’s stock.

Apple Stock Down 0.2%

NASDAQ:AAPL opened at $269.48 on Wednesday. The company has a quick ratio of 0.94, a current ratio of 0.97 and a debt-to-equity ratio of 0.87. Apple Inc. has a 12-month low of $169.21 and a 12-month high of $288.62. The stock’s fifty day simple moving average is $268.11 and its 200-day simple moving average is $252.84. The firm has a market capitalization of $3.96 trillion, a P/E ratio of 34.07, a P/E/G ratio of 2.41 and a beta of 1.09.

Apple (NASDAQ:AAPL – Get Free Report) last released its quarterly earnings data on Thursday, January 29th. The iPhone maker reported $2.84 EPS for the quarter, beating analysts’ consensus estimates of $2.67 by $0.17. Apple had a return on equity of 159.94% and a net margin of 27.04%.The business had revenue of $143.76 billion during the quarter, compared to the consensus estimate of $138.25 billion. During the same quarter in the prior year, the company posted $2.40 earnings per share. The firm’s revenue was up 15.7% on a year-over-year basis. Equities research analysts expect that Apple Inc. will post 7.28 earnings per share for the current year.

Apple Announces Dividend

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

Insiders Place Their Bets

In related news, insider Chris Kondo sold 3,752 shares of the business’s stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $271.23, for a total transaction of $1,017,654.96. Following the completion of the transaction, the insider owned 15,098 shares in the company, valued at approximately $4,095,030.54. The trade was a 19.90% 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. 0.06% of the stock is owned by insiders.

Trending Headlines about Apple

Here are the key news stories impacting Apple this week:

Positive Sentiment: Strong fundamentals and analyst support — Wall Street analysts are reiterating buys and raising price targets after Apple’s strong quarter and iPhone 17 demand, which underpins revenue and margin upside. Apple Inc.: Reaffirmed Buy on Strengthening Services Ecosystem and Broad-Based App Store Recovery
Positive Sentiment: AI/tooling integration that can boost developer ecosystem — Apple added agentic coding support (Anthropic’s Claude Agent and OpenAI’s Codex) to Xcode, which could accelerate app development and stickiness in the App Store over time. Apple adds agents from Anthropic and OpenAI to its coding tool
Positive Sentiment: Sentiment drivers and media endorsements — high-profile bullish commentary (e.g., Jim Cramer) and inflows into innovation ETFs that include Apple support near‑term momentum and investor confidence. Jim Cramer Says “I Think Apple’s Quarter Was Fantastic and Its Future Remains Bright”
Neutral Sentiment: Content/brand initiatives — Apple TV+ will debut Mattel’s “Matchbox The Movie” in October; small for near‑term revenues but supports services/brand extension. Apple TV sets October launch for Mattel’s ‘Matchbox’ car movie
Neutral Sentiment: Market chatter and unusual data points — several feeds report odd/zero short‑interest figures for February (likely data noise) and high search/activity around AAPL; useful for gauging retail attention but not a direct fundamental catalyst.
Negative Sentiment: AI talent drain — reports Apple has lost several AI researchers to Meta and Google, which raises execution risk for long‑term AI initiatives versus better-funded rivals. Apple Loses More AI Researchers to Meta and Google
Negative Sentiment: Supply competition from AI chip demand — TSMC capacity is being stretched by Nvidia’s AI ramp, which could pressure Apple’s manufacturing cadence or component availability if capacity constraints persist. Nvidia’s AI Takeover Leaves Apple Fighting for Supply

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. Stephens set a $315.00 target price on Apple in a report on Monday, January 26th. KGI Securities raised shares of Apple to an “outperform” rating and set a $306.00 price objective on the stock in a report on Friday. The Goldman Sachs Group restated a “buy” rating and issued a $330.00 price objective on shares of Apple in a research report on Friday. Oppenheimer reiterated a “market perform” rating on shares of Apple in a research report on Friday. Finally, Robert W. Baird set a $300.00 price target on shares of Apple in a report on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Apple currently has an average rating of “Moderate Buy” and a consensus price target of $291.70.

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About Apple

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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.