Lmcg Investments LLC Cuts Position in Apple Inc. $AAPL

Lmcg Investments LLC lowered its holdings in shares of Apple Inc. (NASDAQ:AAPL) by 2.4% in the 3rd quarter, HoldingsChannel reports. The firm owned 257,693 shares of the iPhone maker’s stock after selling 6,317 shares during the period. Apple makes up approximately 3.9% of Lmcg Investments LLC’s holdings, making the stock its 2nd largest holding. Lmcg Investments LLC’s holdings in Apple were worth $65,616,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in AAPL. Walkner Condon Financial Advisors LLC boosted its holdings in shares of Apple by 2.0% during the 3rd quarter. Walkner Condon Financial Advisors LLC now owns 60,586 shares of the iPhone maker’s stock worth $15,427,000 after buying an additional 1,199 shares in the last quarter. Maryland State Retirement & Pension System increased its stake in shares of Apple by 1.5% in the 3rd quarter. Maryland State Retirement & Pension System now owns 725,203 shares of the iPhone maker’s stock valued at $184,658,000 after acquiring an additional 10,712 shares in the last quarter. Dupree Financial Group LLC lifted its position in shares of Apple by 3.2% during the 3rd quarter. Dupree Financial Group LLC now owns 19,427 shares of the iPhone maker’s stock valued at $4,947,000 after acquiring an additional 609 shares during the period. McBroom & Associates LLC boosted its stake in Apple by 0.6% during the third quarter. McBroom & Associates LLC now owns 38,590 shares of the iPhone maker’s stock worth $9,826,000 after acquiring an additional 215 shares in the last quarter. Finally, Financial Management Network Inc. grew its holdings in Apple by 3.1% in the third quarter. Financial Management Network Inc. now owns 68,100 shares of the iPhone maker’s stock worth $17,481,000 after purchasing an additional 2,061 shares during the period. 67.73% of the stock is owned by institutional investors and hedge funds.

Apple News Summary

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple posted stronger-than-expected quarterly results and continued iPhone strength, which underpins revenue and margin resilience. Here’s Why Apple’s Stock Dropped 5% Today
• Positive Sentiment: Bernstein raised its price target and bullish analyst notes highlight Apple’s AI roadmap and services upside, offering a longer-term constructive view. Sanford C. Bernstein Raises Apple Price Target to $340.00
• Positive Sentiment: Apple bought full rights to the hit show “Severance” and will produce future seasons in-house — a strategic push for Apple TV+ that can boost content control and margins long term. Apple acquires all rights to Severance, will produce future seasons in-house
• Neutral Sentiment: Vision Pro added YouTube, which improves platform utility, but VR demand is reported to be cooling — a mixed signal for device adoption and services monetization. Apple’s Vision Pro Gets YouTube, but VR Demand Keeps Sliding
• Negative Sentiment: Multiple reports say Apple’s major Siri AI upgrade has run into testing problems and will be delayed, undermining near-term AI momentum and stoking investor concern about execution. Apple has worst day since April as company faces FTC scrutiny, Siri delay reports
• Negative Sentiment: The FTC has publicly raised concerns about alleged bias in Apple News and asked CEO Tim Cook to review curation policies, adding regulatory risk and political headlines that can pressure shares. US FTC airs concerns over allegations that Apple suppresses right-wing content on Apple News
• Negative Sentiment: Wider market AI fears and reports that investors are marking down Apple’s valuation led to an estimated ~$200B market-cap hit as funds rotate away from megacap AI exposure. Apple sees $200 billion market-cap wipeout as stock slides on AI fears

Apple Stock Performance

Shares of Apple stock opened at $261.73 on Friday. Apple Inc. has a 52 week low of $169.21 and a 52 week high of $288.62. The company has a quick ratio of 0.94, a current ratio of 0.97 and a debt-to-equity ratio of 0.87. The business has a 50 day moving average price of $267.08 and a 200-day moving average price of $255.22. The company has a market cap of $3.84 trillion, a PE ratio of 33.09, a price-to-earnings-growth ratio of 2.46 and a beta of 1.09.

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 the consensus estimate of $2.67 by $0.17. The business had revenue of $143.76 billion during 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%.Apple’s revenue was up 15.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.40 earnings per share. Equities analysts anticipate that Apple Inc. will post 7.28 earnings per share for the current fiscal year.

Apple Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, February 12th. Investors of record on Monday, February 9th were given a dividend of $0.26 per share. 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 presently 13.15%.

Analyst Ratings Changes

AAPL has been the topic of several research reports. Weiss Ratings reiterated a “buy (b-)” rating on shares of Apple in a report on Monday, December 29th. Evercore reaffirmed an “outperform” rating on shares of Apple in a research note on Monday, February 2nd. Rosenblatt Securities raised their price objective on Apple from $250.00 to $267.00 and gave the company a “neutral” rating in a research note on Friday, January 30th. Wall Street Zen downgraded Apple from a “buy” rating to a “hold” rating in a report on Sunday, November 9th. Finally, Bank of America upped their target price on Apple from $270.00 to $320.00 and gave the stock a “buy” rating in a research report on Wednesday, October 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $292.13.

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.