Whittier Trust Co. of Nevada Inc. Lowers Holdings in Apple Inc. $AAPL

Posted by Lauren Steadman on Jul 19th, 2026

Whittier Trust Co. of Nevada Inc. cut its stake in shares of Apple Inc. (NASDAQ:AAPL – Free Report) by 4.0% in the first quarter, Holdings Channel reports. The fund owned 1,044,044 shares of the iPhone maker’s stock after selling 43,780 shares during the period. Apple comprises approximately 5.5% of Whittier Trust Co. of Nevada Inc.’s holdings, making the stock its 2nd biggest position. Whittier Trust Co. of Nevada Inc.’s holdings in Apple were worth $270,261,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Bogart Wealth LLC increased its position in shares of Apple by 0.6% during the 1st quarter. Bogart Wealth LLC now owns 134,963 shares of the iPhone maker’s stock worth $34,252,000 after purchasing an additional 783 shares in the last quarter. DGS Capital Management LLC increased its holdings in shares of Apple by 9.3% during the first quarter. DGS Capital Management LLC now owns 76,189 shares of the iPhone maker’s stock worth $19,336,000 after buying an additional 6,496 shares in the last quarter. Ascentis Independent Advisors raised its stake in shares of Apple by 133.8% in the first quarter. Ascentis Independent Advisors now owns 247,516 shares of the iPhone maker’s stock valued at $62,818,000 after acquiring an additional 141,635 shares during the last quarter. Seascape Capital Management boosted its holdings in shares of Apple by 0.6% in the 1st quarter. Seascape Capital Management now owns 29,047 shares of the iPhone maker’s stock worth $7,372,000 after acquiring an additional 185 shares in the last quarter. Finally, B.O.S.S. Retirement Advisors LLC boosted its holdings in shares of Apple by 16.4% in the 1st quarter. B.O.S.S. Retirement Advisors LLC now owns 19,291 shares of the iPhone maker’s stock worth $4,896,000 after acquiring an additional 2,722 shares in the last quarter. Institutional investors own 67.73% of the company’s stock.

Apple Stock Up 0.1%

Shares of AAPL opened at $333.74 on Friday. The business’s fifty day moving average price is $303.61 and its two-hundred day moving average price is $277.09. The firm has a market capitalization of $4.90 trillion, a price-to-earnings ratio of 40.36, a PEG ratio of 2.90 and a beta of 1.10. Apple Inc. has a 52 week low of $201.50 and a 52 week high of $334.99. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.02 and a current ratio of 1.07.

Apple (NASDAQ:AAPL – Get Free Report) last released its earnings results on Thursday, April 30th. The iPhone maker reported $2.01 earnings per share for the quarter, topping analysts’ consensus estimates of $1.95 by $0.06. Apple had a return on equity of 146.69% and a net margin of 27.15%.The company had revenue of $111.18 billion during the quarter, compared to the consensus estimate of $109.46 billion. During the same quarter in the previous year, the company posted $1.65 earnings per share. The firm’s quarterly revenue was up 16.6% on a year-over-year basis. On average, analysts predict that Apple Inc. will post 8.76 earnings per share for the current year.

Apple Increases Dividend

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

Insider Buying and Selling

In related news, CFO Kevan Parekh sold 1,534 shares of the stock in a transaction that occurred 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 transaction, the chief financial officer directly owned 13,366 shares in the company, valued at $3,675,650. This represents a 10.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Ben Borders sold 116 shares of the stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $295.14, for a total value of $34,236.24. Following the completion of the transaction, the insider directly owned 38,713 shares in the company, valued at approximately $11,425,754.82. This trade represents a 0.30% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders have sold 2,924 shares of company stock valued at $825,546. 0.06% of the stock is currently owned by insiders.

Trending Headlines about Apple

Here are the key news stories impacting Apple this week:

Positive Sentiment: HSBC upgraded Apple Inc. (NASDAQ: AAPL) to Buy and raised its price target to $366 from $260, saying the company is at an operational turning point with AI features and hardware momentum supporting growth. HSBC upgrades Apple to Buy, sees “strong cycle ahead”
Positive Sentiment: China approved Apple Intelligence for iPhones, and Apple will integrate Alibaba’s Qwen AI model in its China rollout, a key step that could expand Apple’s AI adoption in one of its most important markets. Alibaba and Baidu shares jump in Hong Kong on Apple AI partnership
Positive Sentiment: Multiple reports say Apple briefly overtook Nvidia in market value, reinforcing the view that investors are rotating toward Apple’s consumer execution and away from some AI-heavy names. Apple closes in on Nvidia in race for world’s most valuable company
Positive Sentiment: Several commentaries highlighted Apple’s cash generation, shareholder returns, and robotics/innovation efforts, supporting the bullish “cash flow machine” and diversification narrative. Apple’s Core Business Cash Flow Machine Will Support Innovation and Diversification

Analyst Ratings Changes

A number of research firms recently weighed in on AAPL. Rosenblatt Securities reaffirmed a “neutral” rating and set a $276.00 price target on shares of Apple in a report on Tuesday, June 9th. Citigroup restated a “buy” rating and set a $365.00 target price (up from $315.00) on shares of Apple in a report on Monday, July 13th. Morgan Stanley restated an “overweight” rating on shares of Apple in a research note on Friday, June 26th. TD Cowen lifted their price target on Apple from $335.00 to $350.00 and gave the company a “buy” rating in a report on Tuesday, June 9th. Finally, Tigress Financial reiterated a “strong-buy” rating and set a $375.00 price target (up from $305.00) on shares of Apple in a research report on Thursday, May 14th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, Apple presently has an average rating of “Moderate Buy” and a consensus price target of $318.43.

Get Our Latest Stock Analysis on Apple

Apple Profile

(Free Report)

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.