Cypress Asset Management Inc. TX Trims Position in Apple Inc. $AAPL

Cypress Asset Management Inc. TX lowered its stake in Apple Inc. (NASDAQ:AAPL) by 2.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 109,003 shares of the iPhone maker’s stock after selling 2,860 shares during the period. Apple makes up approximately 6.3% of Cypress Asset Management Inc. TX’s holdings, making the stock its 2nd largest holding. Cypress Asset Management Inc. TX’s holdings in Apple were worth $27,755,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. Norges Bank bought a new position in shares of Apple in the second quarter worth approximately $38,942,255,000. Nuveen LLC purchased a new stake in Apple during the 1st quarter valued at $17,472,482,000. PKS Advisory Services LLC boosted its position in Apple by 98,917.0% during the 2nd quarter. PKS Advisory Services LLC now owns 57,956,620 shares of the iPhone maker’s stock valued at $12,106,000 after buying an additional 57,898,088 shares during the period. Laurel Wealth Advisors LLC grew its holdings in Apple by 20,464.8% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 27,069,029 shares of the iPhone maker’s stock worth $5,553,753,000 after acquiring an additional 26,937,401 shares during the last quarter. Finally, Northern Trust Corp increased its position in shares of Apple by 13.3% in the fourth quarter. Northern Trust Corp now owns 171,385,531 shares of the iPhone maker’s stock valued at $42,918,365,000 after acquiring an additional 20,079,472 shares during the period. 67.73% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on AAPL shares. Wedbush reaffirmed an “outperform” rating and set a $350.00 price objective on shares of Apple in a research note on Wednesday, March 4th. Loop Capital restated a “buy” rating and set a $325.00 price target (up from $315.00) on shares of Apple in a report on Tuesday, December 2nd. Evercore reaffirmed an “outperform” rating on shares of Apple in a research report on Monday, March 2nd. The Goldman Sachs Group reiterated a “buy” rating on shares of Apple in a report on Monday, March 2nd. Finally, Royal Bank Of Canada set a $325.00 price objective on Apple in a research report on Monday, February 2nd. One analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Apple currently has a consensus rating of “Moderate Buy” and a consensus target price of $297.58.

Apple Price Performance

Shares of NASDAQ:AAPL opened at $260.83 on Wednesday. The business has a fifty day moving average price of $263.04 and a 200-day moving average price of $261.18. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.97 and a quick ratio of 0.94. The company has a market capitalization of $3.83 trillion, a PE ratio of 32.97, a PEG ratio of 2.32 and a beta of 1.10. Apple Inc. has a 1-year low of $169.21 and a 1-year high of $288.62.

Apple (NASDAQ:AAPL) last announced its quarterly earnings results on Thursday, January 29th. The iPhone maker reported $2.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.67 by $0.17. Apple had a net margin of 27.04% and a return on equity of 159.94%. The company had revenue of $143.76 billion for the quarter, compared to analysts’ expectations of $138.25 billion. During the same quarter in the previous year, the business posted $2.40 EPS. Apple’s revenue was up 15.7% compared to the same quarter last year. As a group, equities analysts expect that Apple Inc. will post 7.28 EPS for the current fiscal year.

Apple Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, February 12th. Stockholders of record on Monday, February 9th were issued a dividend of $0.26 per share. The ex-dividend date was Monday, February 9th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.4%. Apple’s dividend payout ratio is presently 13.15%.

Key Headlines Impacting Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: India manufacturing surge lowers China concentration and tariff risk — Apple now makes roughly 25% of iPhones after a ~53% increase in India production last year, reducing geopolitical/tariff exposure and supporting margin resilience. Apple now makes one in four iPhones in India: report
• Positive Sentiment: Move into lower‑priced devices could grow ecosystem and unit volumes — coverage highlights Apple’s new budget‑friendly iPhone 17e and a $599 MacBook Neo as deliberate steps to expand market share while protecting services revenue. Apple’s Newest Phone and Laptop Are More Budget-Friendly. Premium Products Could Be Next
• Positive Sentiment: Analyst support remains — Citi reiterated a Buy and $315 target, citing resilient margins, expanding services and emerging AI upside, which underpins upside narratives despite cost pressures. Apple: Resilient Margins, Expanding Services, and Emerging AI Upside Support Buy Rating and $315 Target
• Neutral Sentiment: PC market dynamics could be a relative winner for Apple — analysis suggests industry weakness (memory cost shock) may hurt rivals more than Apple, potentially supporting Mac share gains. The PC Collapse Has a Winner — and It’s Not Who You Think
• Neutral Sentiment: Supplier shifts and competitor headlines — Bank of America warns Qualcomm faces loss of Apple business; this is more a negative for Qualcomm but signals Apple’s growing in‑house or alternate sourcing strategies. Qualcomm faces loss of Apple business, competitive pressures, says Bank of America
• Negative Sentiment: Siri/AI issues delaying smart‑home hardware — Reported Siri troubles have pushed back a smart home display launch, signaling execution and AI software risks for new product lines. Apple’s Siri Troubles Put Smart Home Display On Hold
• Negative Sentiment: Regulatory friction in Europe — German publishers say Apple’s revised app tracking rules don’t fix antitrust concerns and urge fines, adding potential regulatory/legal risk to its services/advertising ecosystem. German publishers reject Apple’s revised app tracking rules, urge antitrust fine
• Negative Sentiment: Memory cost headwinds — Coverage flags rising DRAM prices as a near‑term margin pressure (a possible ~140bps headwind), which could temper profit expansion even as revenue grows. Apple Stock — Why Analysts Still Like It Despite A Memory Squeeze

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.