25,751 Shares in Apple Inc. $AAPL Bought by Pinnbrook Capital Management LP

Pinnbrook Capital Management LP acquired a new stake in Apple Inc. (NASDAQ:AAPL) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 25,751 shares of the iPhone maker’s stock, valued at approximately $6,557,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Private Management Group Inc. raised its holdings in shares of Apple by 3.4% in the third quarter. Private Management Group Inc. now owns 52,225 shares of the iPhone maker’s stock valued at $13,298,000 after buying an additional 1,695 shares during the last quarter. Perbak Capital Partners LLP purchased a new position in shares of Apple during the third quarter worth about $506,000. Regal Investment Advisors LLC increased its position in Apple by 3.1% in the 3rd quarter. Regal Investment Advisors LLC now owns 127,944 shares of the iPhone maker’s stock valued at $32,578,000 after acquiring an additional 3,845 shares during the period. Sage Financial Group Inc. acquired a new position in Apple in the 3rd quarter valued at about $241,000. Finally, Brown Brothers Harriman & Co. raised its stake in Apple by 1.0% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 2,326,850 shares of the iPhone maker’s stock valued at $592,486,000 after acquiring an additional 23,027 shares during the last quarter. 67.73% of the stock is owned by hedge funds and other institutional investors.

Apple Stock Performance

NASDAQ AAPL opened at $250.12 on Friday. The stock has a market capitalization of $3.67 trillion, a price-to-earnings ratio of 31.62, a PEG ratio of 2.28 and a beta of 1.10. The business’s 50 day moving average is $262.08 and its two-hundred day moving average is $261.30. Apple Inc. has a 12-month low of $169.21 and a 12-month high of $288.62. The company has a current ratio of 0.97, a quick ratio of 0.94 and a debt-to-equity ratio of 0.87.

Apple (NASDAQ:AAPL) last posted its quarterly earnings results on Thursday, January 29th. The iPhone maker reported $2.84 EPS for the quarter, beating the consensus estimate of $2.67 by $0.17. Apple had a return on equity of 159.94% and a net margin of 27.04%.The business had revenue of $143.76 billion during the quarter, compared to analysts’ expectations of $138.25 billion. During the same period last year, the firm earned $2.40 EPS. The company’s quarterly revenue was up 15.7% compared to the same quarter last year. Research analysts expect that Apple Inc. will post 7.28 EPS for the current year.

Apple Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 12th. Shareholders of record on Monday, February 9th were given a $0.26 dividend. The ex-dividend date was Monday, February 9th. This represents a $1.04 annualized dividend and a yield of 0.4%. Apple’s dividend payout ratio is presently 13.15%.

Wall Street Analysts Forecast Growth

AAPL has been the subject of a number of recent research reports. Jefferies Financial Group set a $330.00 price objective on Apple in a research report on Wednesday, March 4th. Needham & Company LLC reissued a “hold” rating on shares of Apple in a report on Friday, January 30th. Loop Capital restated a “buy” rating and set a $325.00 price target (up from $315.00) on shares of Apple in a research note on Tuesday, December 2nd. Evercore reaffirmed an “outperform” rating on shares of Apple in a report on Monday, March 2nd. Finally, Raymond James Financial reiterated a “market perform” rating on shares of Apple in a research report on Friday, January 2nd. One 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 stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $297.58.

Trending Headlines about Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple’s new low-cost devices (MacBook Neo, iPhone 17e) broaden addressable market and could win share versus cheaper Windows/Chromebooks — a strategic growth lever even if it pressures near-term margins. How Apple’s new low-cost MacBook Neo may shake up the market
• Positive Sentiment: Early Formula 1 ratings for AppleTV’s exclusive U.S. stream were strong, supporting the thesis that exclusive sports/content deals can grow Services subscriptions and engagement over time. Apple Gets Early Formula 1 Ratings Win
• Positive Sentiment: India’s plan to roll fresh smartphone manufacturing incentives could help Apple expand local production and improve margin/market access over the medium term. India plans fresh incentives for phone production
• Neutral Sentiment: Analyst views are mixed: a few firms raised targets or reiterated buys while others stay cautious/neutral; median price targets remain above the market, keeping a longer-term bullish backdrop but no unanimous near-term catalyst. Apple Stock Opinions on Tech Sector Pullback
• Negative Sentiment: Apple cut its mainland China App Store commission to 25% (and mini-app fees to 12%) after regulator talks — good for developer relations but a direct hit to Services take-rate and near-term revenue in its second‑largest market. Apple cuts China App Store commission fees after government pressure
• Negative Sentiment: Strong insider selling and social/board chatter about a tech pullback and China demand risks are weighing on sentiment — traders are highlighting technical weakness and short-term bearish views. Apple Stock Opinions on Tech Sector Pullback
• Negative Sentiment: Macro and supply‑chain risks (memory/storage cost inflation and geopolitical disruption tied to the Iran war) could raise component costs and compress device margins if Apple absorbs price moves to hold consumer prices. The Iran War Could Upend AI. Here’s How.

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.