Apple Inc. $AAPL Shares Sold by New York State Teachers Retirement System

New York State Teachers Retirement System cut its position in Apple Inc. (NASDAQ:AAPL) by 2.4% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 12,350,929 shares of the iPhone maker’s stock after selling 297,904 shares during the period. Apple comprises about 6.1% of New York State Teachers Retirement System’s portfolio, making the stock its 3rd largest position. New York State Teachers Retirement System’s holdings in Apple were worth $3,144,917,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. First National Bank of Hutchinson raised its position in shares of Apple by 24.6% during the fourth quarter. First National Bank of Hutchinson now owns 35,319 shares of the iPhone maker’s stock worth $8,845,000 after purchasing an additional 6,982 shares during the period. Eagle Capital Management LLC grew its position in shares of Apple by 0.5% in the 4th quarter. Eagle Capital Management LLC now owns 54,085 shares of the iPhone maker’s stock valued at $13,544,000 after purchasing an additional 272 shares during the period. Brighton Jones LLC increased its stake in Apple by 14.8% during the 4th quarter. Brighton Jones LLC now owns 537,314 shares of the iPhone maker’s stock worth $134,554,000 after purchasing an additional 69,207 shares in the last quarter. Revolve Wealth Partners LLC raised its holdings in Apple by 4.2% during the 4th quarter. Revolve Wealth Partners LLC now owns 66,857 shares of the iPhone maker’s stock worth $16,742,000 after buying an additional 2,695 shares during the period. Finally, Highview Capital Management LLC DE raised its holdings in Apple by 2.4% during the 4th quarter. Highview Capital Management LLC DE now owns 50,264 shares of the iPhone maker’s stock worth $12,587,000 after buying an additional 1,155 shares during the period. Institutional investors and hedge funds own 67.73% of the company’s stock.

Insiders Place Their Bets

In related news, insider Chris Kondo sold 3,752 shares of the business’s 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 directly owned 15,098 shares in the company, valued at approximately $4,095,030.54. The trade was a 19.90% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.06% of the company’s stock.

Apple Trading Up 4.1%

Apple stock opened at $270.05 on Tuesday. The company has a market cap of $3.97 trillion, a price-to-earnings ratio of 34.14, a P/E/G ratio of 2.37 and a beta of 1.09. The firm has a 50-day moving average of $268.26 and a 200-day moving average of $252.43. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.97 and a quick ratio of 0.94. Apple Inc. has a one year low of $169.21 and a one year high of $288.62.

Apple (NASDAQ:AAPL) last released its 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 for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.40 earnings per share. On average, equities analysts expect that Apple Inc. will post 7.28 earnings per share for the current fiscal year.

Apple Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, February 12th. Investors of record on Monday, February 9th will be paid a $0.26 dividend. 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 currently 13.15%.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on AAPL. JPMorgan Chase & Co. increased their price objective on shares of Apple from $305.00 to $315.00 and gave the stock an “overweight” rating in a research report on Monday, January 26th. Oppenheimer reaffirmed a “market perform” rating on shares of Apple in a research report on Friday. Jefferies Financial Group set a $276.47 target price on Apple and gave the stock a “hold” rating in a report on Monday, January 26th. DZ Bank raised Apple from a “hold” rating to a “buy” rating and set a $300.00 price target on the stock in a research note on Tuesday, November 4th. Finally, Robert W. Baird set a $300.00 price objective on Apple in a research report on Friday, October 31st. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $291.41.

Key Apple News

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Strong iPhone 17 demand drove better-than-expected Q1 results and margin expansion, supporting upgrades and a more bullish outlook for revenue and profitability. The iPhone 17 Changed Everything For Apple – See China (Rating Upgrade)
• Positive Sentiment: Big banks reiterated bullish calls (Morgan Stanley, JPMorgan) citing continued iPhone 17 strength — analyst support is lifting sentiment and contributed to price-target increases. Morgan Stanley and JPMorgan Bullish on Apple Inc. (AAPL) on Strong iPhone 17 Demand
• Positive Sentiment: Several brokerages raised price targets and upgraded Apple after the quarter, adding buy-side momentum and helping push the stock higher. Apple (NASDAQ:AAPL) Price Target Raised to $315.00
• Positive Sentiment: OpenAI launched a Codex coding-assistant app for Apple computers, highlighting tighter AI app integration in the Mac ecosystem and potential demand/support for Mac hardware and services. OpenAI Unveils Codex App for Use with Apple (AAPL) Computers
• Positive Sentiment: Report that Apple acquired Israeli AI/audio startup Q.ai (≈$2B) strengthens the company’s AI content/capability pipeline and supports the AI narrative. Apple Inc. (AAPL) Acquires Israeli Startup Q.ai For Approximately $2 Billion: Report
• Neutral Sentiment: T. Rowe Price launched an active Innovation Leaders ETF that lists Apple as a core holding — potential incremental passive/active inflows but not immediate earnings impact. Nvidia, Apple, Microsoft Anchor T. Rowe Price’s New Active ETF Targeting Innovators
• Neutral Sentiment: India’s policy allowing foreign-funded equipment for contract manufacturers is a structural win for Apple’s India build-out and long-term cost/scale — supports supply diversification. India hands Apple a win by letting foreign firms fund equipment for manufacturers
• Neutral Sentiment: Reported short-interest figures in the feed are effectively zero/erroneous and aren’t influencing the move; no clear short-squeeze signal from this data. (Source: short-interest entry)
• Negative Sentiment: Supply risk: TSMC’s capacity shift toward AI chips (Nvidia demand) could squeeze Apple’s wafer allocations and exacerbate chip constraints, a risk to near-term production and inventory. Nvidia’s AI Takeover Leaves Apple Fighting For Supply
• Negative Sentiment: Talent and margin pressure: reports of AI researcher departures and commentary that rising AI-driven parts demand could lift component costs create medium-term execution and margin risks. Apple Loses More AI Researchers to Meta and Google The AI Boom Is Coming for Apple’s Profit Margins

Apple Company 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.