GenWealth Group Inc. increased its holdings in Apple Inc. (NASDAQ:AAPL – Free Report) by 90.4% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 19,887 shares of the iPhone maker’s stock after purchasing an additional 9,441 shares during the period. Apple makes up about 0.9% of GenWealth Group Inc.’s investment portfolio, making the stock its 23rd largest position. GenWealth Group Inc.’s holdings in Apple were worth $5,218,000 at the end of the most recent quarter.
Other hedge funds also recently bought and sold shares of the company. Sellwood Investment Partners LLC raised its position in shares of Apple by 110.9% during the 3rd quarter. Sellwood Investment Partners LLC now owns 135 shares of the iPhone maker’s stock valued at $34,000 after buying an additional 71 shares in the last quarter. ROSS JOHNSON & Associates LLC lifted its holdings in shares of Apple by 1,800.0% in the 1st quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker’s stock valued at $42,000 after acquiring an additional 180 shares during the last quarter. LSV Asset Management purchased a new position in Apple in the fourth quarter worth about $65,000. HFM Investment Advisors LLC bought a new stake in Apple during the first quarter worth approximately $99,000. Finally, Miller Global Investments LLC bought a new stake in Apple during the fourth quarter worth approximately $127,000. Hedge funds and other institutional investors own 67.73% of the company’s stock.
Analyst Upgrades and Downgrades
Several research firms have recently issued reports on AAPL. Rosenblatt Securities raised their price objective on Apple from $267.00 to $268.00 and gave the company a “neutral” rating in a research note on Thursday, March 5th. TD Cowen reissued a “buy” rating and set a $325.00 target price on shares of Apple in a research report on Friday, January 30th. Maxim Group upgraded Apple from a “hold” rating to a “buy” rating and set a $300.00 price target on the stock in a report on Friday, January 30th. Scotiabank set a $330.00 price target on Apple in a research report on Monday, February 2nd. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $315.00 price objective on shares of Apple in a research note on Monday, March 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Apple currently has an average rating of “Moderate Buy” and a consensus target price of $297.58.
More Apple News
Here are the key news stories impacting Apple this week:
- Positive Sentiment: Apple expanded its U.S. Manufacturing Program with a $400M investment through 2030 to bolster domestic production of critical components — a move that should help supply resilience and long‑term margins. Apple Inc. (AAPL) Expands U.S. Manufacturing Program with $400M Investment
- Positive Sentiment: Wedbush reiterated an Outperform rating and flagged a potential foldable iPhone and WWDC roadmap as major upside catalysts that could reignite product cycles. Wedbush Reiterates Outperform on Apple Inc. (AAPL)
- Positive Sentiment: Analysts point to accelerating services monetization (higher‑margin recurring revenue) and Siri/AI feature tests (multi‑request Siri) as supporting revenue diversification beyond the iPhone. Apple Inc. (AAPL) Focused on Service Monetization to Accelerate Revenue Growth
- Neutral Sentiment: Apple’s 50th anniversary generated broad retrospectives on its franchise and strategy; such coverage supports brand strength but raises scrutiny on AI execution and succession planning. Apple’s 50-year journey from garage to tech titan
- Neutral Sentiment: Apple released a firmware update for AirTag 2 (3.0.45) — routine product maintenance that matters for customer trust but has limited direct impact on revenue. Apple just changed AirTag 2’s anti-stalking feature – 9to5Mac
- Neutral Sentiment: D. E. Shaw trimmed its AAPL holding — a portfolio move that may reflect rebalancing rather than fundamental conviction change. Apple Inc. (AAPL): D. E. Shaw Trims Holding
- Negative Sentiment: Iran’s IRGC publicly threatened U.S. tech firms, including Apple — geopolitical risk can pressure shares via supply‑chain, regional operations or investor risk premia. Iran threatens Nvidia, Apple and other tech giants with attack
- Negative Sentiment: A final court ruling upheld Xiao‑I Corp patents in a dispute with Apple — adverse IP decisions can lead to damages, licensing costs or operational restrictions in key markets. Xiao-I Corp. Wins Final Supreme Court Ruling Upholding Patents in Apple Dispute
- Negative Sentiment: Apple’s fitness chief is retiring amid harassment allegations — a reputational and leadership headwind for the services/wearables business. Apple’s Fitness Chief, Who Was Accused of Harassment, Is Retiring
Apple Trading Up 0.7%
AAPL opened at $255.63 on Thursday. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.94 and a current ratio of 0.97. The stock’s 50 day moving average price is $260.36 and its 200-day moving average price is $263.13. Apple Inc. has a one year low of $169.21 and a one year high of $288.62. The stock has a market cap of $3.75 trillion, a price-to-earnings ratio of 32.32, a P/E/G ratio of 2.41 and a beta of 1.11.
Apple (NASDAQ:AAPL – Get Free Report) last issued 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 return on equity of 159.94% and a net margin of 27.04%.The firm had revenue of $143.76 billion during the quarter, compared to analyst estimates of $138.25 billion. During the same period last year, the company earned $2.40 EPS. Apple’s quarterly revenue was up 15.7% compared to the same quarter last year. On average, equities analysts forecast that Apple Inc. will post 7.28 EPS for the current year.
Apple Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Thursday, February 12th. Stockholders of record on Monday, February 9th were given a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 0.4%. The ex-dividend date was Monday, February 9th. Apple’s dividend payout ratio (DPR) is 13.15%.
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.
Further Reading
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