Tranquility Partners LLC Has $10.50 Million Stock Holdings in Apple Inc. $AAPL

Tranquility Partners LLC lessened its stake in Apple Inc. (NASDAQ:AAPL) by 6.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 38,618 shares of the iPhone maker’s stock after selling 2,689 shares during the period. Apple makes up approximately 3.8% of Tranquility Partners LLC’s holdings, making the stock its 3rd largest position. Tranquility Partners LLC’s holdings in Apple were worth $10,499,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Stack Financial Management Inc grew its position in shares of Apple by 206.3% during the 4th quarter. Stack Financial Management Inc now owns 6,174 shares of the iPhone maker’s stock valued at $1,678,000 after acquiring an additional 4,158 shares during the period. Bay Harbor Wealth Management LLC grew its position in shares of Apple by 16.9% during the 4th quarter. Bay Harbor Wealth Management LLC now owns 2,912 shares of the iPhone maker’s stock valued at $792,000 after acquiring an additional 420 shares during the period. Alliance Wealth Advisors LLC UT grew its position in shares of Apple by 33.3% during the 4th quarter. Alliance Wealth Advisors LLC UT now owns 15,860 shares of the iPhone maker’s stock valued at $4,312,000 after acquiring an additional 3,966 shares during the period. Welch Financial Planning LLC bought a new stake in shares of Apple during the 4th quarter valued at $2,438,000. Finally, Principal Financial Group Inc. grew its position in shares of Apple by 0.6% during the 4th quarter. Principal Financial Group Inc. now owns 20,994,069 shares of the iPhone maker’s stock valued at $5,707,448,000 after acquiring an additional 126,829 shares during the period. Institutional investors own 67.73% of the company’s stock.

Apple News Summary

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Investor optimism is building ahead of WWDC, with Apple expected to unveil key AI features that could improve Siri and strengthen its software ecosystem. Article Title
• Positive Sentiment: Apple’s MacBook Neo is reportedly gaining traction with new buyers, suggesting the company is still expanding its hardware appeal beyond its core customer base. Article Title
• Positive Sentiment: Analysts have been lifting targets on AAPL ahead of WWDC, reflecting confidence that Apple’s AI strategy and software roadmap could reaccelerate growth. Article Title
• Neutral Sentiment: New Apple Wallet bill-splitting and payment-request features may help deepen engagement, but the immediate stock impact is less clear because the move is incremental rather than transformative. Article Title
• Neutral Sentiment: Apple is being discussed as a potentially overvalued stock after its recent rally, which could limit upside if WWDC disappoints expectations. Article Title
• Negative Sentiment: Dell and Nvidia have intensified competition in PCs and laptops, pressuring Apple’s positioning in hardware categories like the MacBook Neo. Article Title

Insider Activity at Apple

In other Apple news, CFO Kevan Parekh sold 1,534 shares of the business’s stock in a transaction on Thursday, April 23rd. The shares were sold at an average price of $275.00, for a total value of $421,850.00. Following the sale, the chief financial officer owned 13,366 shares in the company, valued at $3,675,650. The trade was a 10.30% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Ben Borders sold 1,274 shares of the business’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $290.00, for a total transaction of $369,460.00. Following the completion of the sale, the insider owned 38,713 shares in the company, valued at approximately $11,226,770. This trade represents a 3.19% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 97,759 shares of company stock worth $24,964,305 in the last quarter. 0.06% of the stock is owned by company insiders.

Apple Stock Up 2.9%

Shares of AAPL stock opened at $315.20 on Wednesday. The stock has a market cap of $4.63 trillion, a P/E ratio of 38.11, a PEG ratio of 2.67 and a beta of 1.09. Apple Inc. has a 52 week low of $195.07 and a 52 week high of $315.45. The company has a quick ratio of 1.02, a current ratio of 1.07 and a debt-to-equity ratio of 0.70. The company’s fifty day simple moving average is $276.58 and its two-hundred day simple moving average is $270.28.

Apple (NASDAQ:AAPL) last announced its quarterly earnings results on Thursday, April 30th. The iPhone maker reported $2.01 EPS for the quarter, topping the consensus estimate of $1.95 by $0.06. The business had revenue of $111.18 billion for the quarter, compared to analysts’ expectations of $109.46 billion. Apple had a net margin of 27.15% and a return on equity of 146.69%. The business’s quarterly revenue was up 16.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.65 EPS. Analysts predict that Apple Inc. will post 8.74 EPS for the current fiscal year.

Apple Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, May 14th. Shareholders of record on Monday, May 11th were paid a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 0.3%. The ex-dividend date was Monday, May 11th. This is an increase from Apple’s previous quarterly dividend of $0.26. Apple’s dividend payout ratio is presently 13.06%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on AAPL shares. Sanford C. Bernstein reissued an “outperform” rating on shares of Apple in a research report on Wednesday, March 4th. The Goldman Sachs Group reissued a “buy” rating on shares of Apple in a research report on Monday, March 2nd. Needham & Company LLC reissued a “hold” rating on shares of Apple in a research report on Friday, May 1st. Bank of America restated a “buy” rating and set a $380.00 target price (up from $330.00) on shares of Apple in a research note on Tuesday, May 26th. Finally, Jefferies Financial Group set a $330.00 target price on shares of Apple in a research note on Wednesday, March 4th. One analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Apple presently has a consensus rating of “Moderate Buy” and a consensus price target of $310.31.

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.