Apple Inc. $AAPL Stake Decreased by State of Alaska Department of Revenue

State of Alaska Department of Revenue lowered its stake in shares of Apple Inc. (NASDAQ:AAPL) by 4.1% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 1,966,315 shares of the iPhone maker’s stock after selling 84,443 shares during the period. Apple comprises approximately 5.1% of State of Alaska Department of Revenue’s investment portfolio, making the stock its 3rd biggest holding. State of Alaska Department of Revenue’s holdings in Apple were worth $500,682,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in AAPL. Norges Bank bought a new position in Apple during the second quarter worth about $38,942,255,000. Nuveen LLC bought a new stake in shares of Apple in the first quarter valued at approximately $17,472,482,000. PKS Advisory Services LLC lifted its stake in shares of Apple by 98,917.0% during the 2nd quarter. PKS Advisory Services LLC now owns 57,956,620 shares of the iPhone maker’s stock valued at $12,106,000 after buying an additional 57,898,088 shares in the last quarter. Laurel Wealth Advisors LLC boosted its holdings in Apple by 20,464.8% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 27,069,029 shares of the iPhone maker’s stock worth $5,553,753,000 after buying an additional 26,937,401 shares during the period. Finally, Northern Trust Corp grew its stake in Apple by 13.3% in the 4th quarter. Northern Trust Corp now owns 171,385,531 shares of the iPhone maker’s stock valued at $42,918,365,000 after buying an additional 20,079,472 shares in the last quarter. Institutional investors own 67.73% of the company’s stock.

Apple Trading Up 0.5%

Shares of AAPL stock opened at $259.48 on Friday. The business has a 50-day moving average price of $268.38 and a two-hundred day moving average price of $251.42. Apple Inc. has a 12-month low of $169.21 and a 12-month high of $288.62. The company has a quick ratio of 0.86, a current ratio of 0.89 and a debt-to-equity ratio of 1.06. The firm has a market cap of $3.81 trillion, a P/E ratio of 32.80, a price-to-earnings-growth ratio of 2.40 and a beta of 1.09.

Apple (NASDAQ:AAPL) last announced its quarterly earnings data on Thursday, January 29th. The iPhone maker reported $2.84 EPS for the quarter, beating the consensus estimate of $2.67 by $0.17. The firm had revenue of $143.76 billion for the quarter, compared to analyst estimates of $138.25 billion. Apple had a return on equity of 171.22% and a net margin of 27.04%.The company’s revenue was up 15.7% on a year-over-year basis. During the same period in the prior year, the company earned $2.40 EPS. Equities analysts anticipate that Apple Inc. will post 7.28 EPS for the current fiscal year.

Apple Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 12th. Shareholders of record on Monday, February 9th will be paid a dividend of $0.26 per share. The ex-dividend date of this dividend is Monday, February 9th. This represents a $1.04 annualized dividend and a dividend yield of 0.4%. Apple’s dividend payout ratio (DPR) is 13.92%.

Insider Buying and Selling at Apple

In related news, insider Chris Kondo sold 3,752 shares of the stock in a transaction on Friday, November 7th. The shares were sold at an average price of $271.23, for a total transaction of $1,017,654.96. Following the transaction, the insider owned 15,098 shares of the company’s stock, valued at approximately $4,095,030.54. This trade represents a 19.90% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.06% of the company’s stock.

Apple News Summary

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Record quarter driven by iPhone 17 and China — Apple beat revenue and EPS expectations, reported record iPhone sales and gave strong March-quarter revenue/margin guidance, supporting bullish near-term fundamentals. Apple sales, profit beat
• Positive Sentiment: Analyst upgrades/price-target increases — Several firms raised targets and reiterated buy ratings after the beat (including TD Cowen, JPMorgan, Monness Crespi & Hardt), which supports upside sentiment among institutional investors. Analyst notes
• Neutral Sentiment: AI strategy remains ambiguous — Apple announced partnerships (e.g., Google Gemini) and made AI-related M&A (Q.ai), but offered limited execution details; these moves signal intent but leave monetization and competitive positioning unclear. AI details unclear
• Neutral Sentiment: Potential supply-chain diversification — Reports that Apple is exploring U.S. foundry partners (e.g., Intel) could ease long-term sourcing risk but are early-stage and not an immediate fix for 2026 capacity issues. Intel foundry reports
• Negative Sentiment: Rising memory-chip costs and shortages — Apple warned memory prices are beginning to bite; suppliers like Samsung and SK Hynix are prioritizing AI chips, tightening supply and pressuring gross margins if costs stay elevated. Memory cost warning
• Negative Sentiment: iPhone production constraints — Multiple reports say TSMC/other chip shortages are limiting Apple’s ability to meet iPhone demand, forcing Apple to prioritize premium models and potentially capping unit growth despite strong demand. TSMC supply short
• Negative Sentiment: Talent and execution questions in AI — Reports of AI researcher departures and commentary that the Google partnership could limit Apple’s AI upside have soured investor enthusiasm for Apple’s AI prospects. AI researcher departures

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on AAPL shares. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $330.00 price target on shares of Apple in a report on Friday. Argus set a $325.00 price objective on Apple and gave the stock a “buy” rating in a report on Friday, October 31st. Barclays reaffirmed an “underweight” rating and set a $239.00 target price (up previously from $230.00) on shares of Apple in a report on Friday. Oppenheimer reiterated a “market perform” rating on shares of Apple in a research report on Friday. Finally, Wells Fargo & Company set a $300.00 price objective on shares of Apple and gave the company an “overweight” rating in a research report on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $289.23.

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.