Rheos Capital Works Inc. Sells 26,000 Shares of Apple Inc. $AAPL

Rheos Capital Works Inc. decreased its holdings in shares of Apple Inc. (NASDAQ:AAPL) by 16.2% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 134,500 shares of the iPhone maker’s stock after selling 26,000 shares during the period. Apple accounts for 2.3% of Rheos Capital Works Inc.’s portfolio, making the stock its 15th largest position. Rheos Capital Works Inc.’s holdings in Apple were worth $36,565,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the business. NovaPoint Capital LLC grew its stake in shares of Apple by 4.8% during the fourth quarter. NovaPoint Capital LLC now owns 57,613 shares of the iPhone maker’s stock valued at $15,663,000 after buying an additional 2,648 shares during the last quarter. Bank of Stockton grew its stake in shares of Apple by 2.0% during the fourth quarter. Bank of Stockton now owns 42,623 shares of the iPhone maker’s stock valued at $11,587,000 after buying an additional 853 shares during the last quarter. SJS Investment Consulting Inc. grew its stake in shares of Apple by 14.9% during the fourth quarter. SJS Investment Consulting Inc. now owns 71,462 shares of the iPhone maker’s stock valued at $19,428,000 after buying an additional 9,282 shares during the last quarter. Warner Financial Inc. grew its stake in shares of Apple by 56.0% during the fourth quarter. Warner Financial Inc. now owns 18,293 shares of the iPhone maker’s stock valued at $4,973,000 after buying an additional 6,566 shares during the last quarter. Finally, Retirement Investment Advisors Inc. bought a new position in shares of Apple during the fourth quarter valued at approximately $1,758,000. Institutional investors own 67.73% of the company’s stock.

Apple Stock Up 0.1%

Shares of NASDAQ:AAPL opened at $273.43 on Friday. 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 stock has a market cap of $4.01 trillion, a P/E ratio of 34.57, a price-to-earnings-growth ratio of 2.49 and a beta of 1.11. The business’s 50 day moving average is $259.72 and its 200 day moving average is $264.46. Apple Inc. has a 52-week low of $193.25 and a 52-week high of $288.62.

Apple (NASDAQ:AAPL) last announced its earnings results on Thursday, January 29th. The iPhone maker reported $2.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.67 by $0.17. The business had revenue of $143.76 billion for the quarter, compared to analysts’ expectations of $138.25 billion. Apple had a return on equity of 159.94% and a net margin of 27.04%.The business’s revenue for the quarter was up 15.7% on a year-over-year basis. During the same quarter last year, the firm earned $2.40 EPS. Sell-side analysts predict that Apple Inc. will post 8.5 EPS for the current year.

Apple Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, February 12th. Shareholders of record on Monday, February 9th were given a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend was Monday, February 9th. Apple’s dividend payout ratio (DPR) is 13.15%.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the company. Raymond James Financial reissued a “market perform” rating on shares of Apple in a research note on Friday, January 2nd. DA Davidson reissued a “neutral” rating and issued a $270.00 price objective on shares of Apple in a research note on Friday, January 30th. Phillip Securities raised Apple from a “moderate sell” rating to a “hold” rating in a research note on Sunday, February 1st. Weiss Ratings reissued a “buy (b-)” rating on shares of Apple in a research note on Monday, December 29th. Finally, JPMorgan Chase & Co. increased their price objective on Apple from $315.00 to $325.00 and gave the stock an “overweight” rating in a research note on Friday, January 30th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $303.06.

Key Apple News

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Market reaction to Apple naming John Ternus as CEO has been upbeat — investors and some analysts view his hardware pedigree as a credible path to accelerate device‑level AI and product innovation, supporting near‑term confidence in AAPL. Ternus the Page: Apple’s Engineering Prodigy Takes the Reins
• Positive Sentiment: Apple patched a high‑profile iPhone notification bug that exposed deleted messages; the security fix lifted sentiment around privacy and product quality and coincided with an intraday stock bounce. Apple (AAPL) Stock Climbs as iPhone Notification Bug Gets Patched
• Positive Sentiment: Channel and shipment data show strong iPhone demand (notably China) and some broker notes (e.g., Bank of America commentary) expect iPhone 17 demand to support upcoming results — a fundamental tailwind ahead of earnings. Apple gets a stunning boost as smartphone rivals stumble
• Neutral Sentiment: April 30 earnings are the next major catalyst — previews and options activity show investors positioning for a beat/miss outcome; that event could swing AAPL materially in either direction. Apple Q2 Earnings Preview: Is AAPL Stock a Buy, Sell, or Hold?
• Neutral Sentiment: Mixed analyst notes: some firms reaffirm positive ratings while others flag valuation/AI execution risks — the street is split, so analyst chatter is supporting volume but not a clear directional consensus. Wedbush Reaffirms Outperform Rating for Apple
• Negative Sentiment: Reports of a broader leadership exodus and that chip chief Johny Srouji is “seriously considering” leaving pose execution risk — losing senior hardware/AI talent could undermine product roadmaps during an AI pivot. Apple rocked by executive departures, with chip chief at risk of leaving next
• Negative Sentiment: Regulatory risk surfaces in India where an accelerated antitrust probe into App Store rules could lead to structural changes or multibillion penalties — a material long‑term profit and policy risk for Apple’s services franchise. Indian Antitrust Push Tests Apple App Store Model And Valuation Narrative

Insider Buying and Selling at Apple

In other Apple news, SVP Deirdre O’brien sold 30,002 shares of the 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 approximately $34,934,433.50. This trade represents a 17.99% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed 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 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 $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. 0.06% of the stock is currently owned by company insiders.

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.