Petros Family Wealth LLC Has $8.51 Million Stake in Apple Inc. $AAPL

Petros Family Wealth LLC grew its position in Apple Inc. (NASDAQ:AAPL) by 41.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 31,291 shares of the iPhone maker’s stock after acquiring an additional 9,138 shares during the quarter. Apple accounts for about 5.7% of Petros Family Wealth LLC’s holdings, making the stock its largest position. Petros Family Wealth LLC’s holdings in Apple were worth $8,507,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Sellwood Investment Partners LLC lifted 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 worth $34,000 after buying an additional 71 shares during the period. ROSS JOHNSON & Associates LLC raised its position 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 acquiring an additional 180 shares during the last quarter. LSV Asset Management acquired a new stake in shares of Apple during the fourth quarter worth $65,000. HFM Investment Advisors LLC acquired a new stake in shares of Apple during the first quarter worth $99,000. Finally, Miller Global Investments LLC acquired a new stake in shares of Apple during the fourth quarter worth $127,000. Institutional investors own 67.73% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. The Goldman Sachs Group reissued a “buy” rating on shares of Apple in a research note on Monday, March 2nd. Barclays upped their price objective on Apple from $239.00 to $248.00 and gave the stock an “underweight” rating in a research report on Tuesday, March 3rd. Oppenheimer reiterated a “market perform” rating on shares of Apple in a report on Friday, January 30th. Jefferies Financial Group set a $330.00 target price on Apple in a report on Wednesday, March 4th. Finally, Stifel Nicolaus set a $330.00 price objective on Apple in a research note on Monday, March 2nd. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $297.58.

Insiders Place Their Bets

In related news, SVP Deirdre O’brien sold 30,002 shares of the firm’s stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $255.35, for a total transaction of $7,661,010.70. Following the sale, the senior vice president owned 136,810 shares of the company’s stock, valued at $34,934,433.50. This trade represents a 17.99% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Timothy D. Cook sold 64,949 shares of the firm’s stock in a transaction on Thursday, April 2nd. The shares were sold at an average price of $254.23, for a total value of $16,511,984.27. Following the sale, the chief executive officer directly owned 3,280,418 shares in the company, valued at approximately $833,980,668.14. This trade represents a 1.94% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.06% of the company’s stock.

Apple News Summary

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Billionaire endorsement — High-profile investors (Warren Buffett and Ken Griffin) are publicly favoring Apple, which supports a quality-growth bid and can attract institutional flows. Here’s Why Warren Buffett and Ken Griffin Love Apple (AAPL)
• Positive Sentiment: Product/analyst catalyst — Bank of America reiterates a Buy and flags the new, lower‑priced MacBook Neo as a growth lever that could expand market share and improve revenue mix; BofA’s $320 target implies upside from current levels. Apple MacBook Neo could expand market reach, says Bank of America
• Positive Sentiment: ETF/market tailwind — Momentum in the Nasdaq/QQQ (where Apple is a top holding) and positive technical/earnings signals for big tech are creating broader buying support for AAPL. 5 Reasons the Invesco QQQ ETF Could Be Headed for a Triple-Digit Rally (AAPL)
• Neutral Sentiment: App-store dynamics — A new wave of App Store submissions (driven by so‑called “vibe coding”) signals developer activity and innovation, but monetization and long-term benefit to Apple’s services revenue remain uncertain. The Apple App store is seeing an unexpected phenomenon. Is vibe coding behind it?
• Negative Sentiment: Supreme Court appeal — Apple is asking the U.S. Supreme Court to review additional aspects of the Epic Games App Store case; extended litigation and potential fee restrictions remain a material legal overhang. Apple plans Supreme Court appeal in Epic Games App Store battle — again
• Negative Sentiment: China patent ruling risk — A Chinese court ruling upholding key AI patents in a dispute with Xiao‑I ratchets legal risk and uncertainty for Apple in China; this raises potential exposure and licensing/dispute costs. Xiao-I (AIXI) jumps 166.9% as investors react to China top-court ruling upholding key AI patents in Apple dispute
• Negative Sentiment: Regulatory pushback in China — Apple temporarily activated then pulled Apple Intelligence features in China; regulators are scrutinizing AI services and approvals, adding execution risk for AI rollouts in a key market. Apple China AI Setback Puts Regulatory Risk In Investor Focus
• Negative Sentiment: Insider selling — Filings show CEO Tim Cook sold company stock recently; while common for planned sales, such moves often attract short‑term attention from investors. Apple (AAPL) CEO Tim Cook Is Selling Company Stock

Apple Trading Up 1.1%

Shares of NASDAQ:AAPL opened at $258.86 on Tuesday. The company has a market capitalization of $3.80 trillion, a P/E ratio of 32.73, a P/E/G ratio of 2.42 and a beta of 1.11. 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. The business’s 50 day simple moving average is $260.74 and its 200 day simple moving average is $263.70.

Apple (NASDAQ:AAPL) 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. The business had revenue of $143.76 billion for the quarter, compared to the consensus estimate of $138.25 billion. Apple had a return on equity of 159.94% and a net margin of 27.04%.The firm’s quarterly revenue was up 15.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.40 earnings per share. On average, research analysts anticipate that Apple Inc. will post 7.28 EPS for the current fiscal year.

Apple Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 12th. Shareholders of record on Monday, February 9th were issued 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 of this dividend was Monday, February 9th. Apple’s dividend payout ratio (DPR) is currently 13.15%.

About Apple

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.