Checchi Capital Advisers LLC Trims Stock Position in Apple Inc. $AAPL

Checchi Capital Advisers LLC decreased its position in Apple Inc. (NASDAQ:AAPL) by 8.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 163,361 shares of the iPhone maker’s stock after selling 14,897 shares during the quarter. Apple accounts for approximately 2.2% of Checchi Capital Advisers LLC’s holdings, making the stock its 3rd largest position. Checchi Capital Advisers LLC’s holdings in Apple were worth $41,597,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Sellwood Investment Partners LLC grew its position in shares of Apple by 110.9% during the 3rd quarter. Sellwood Investment Partners LLC now owns 135 shares of the iPhone maker’s stock valued at $34,000 after buying an additional 71 shares during the last quarter. ROSS JOHNSON & Associates LLC boosted its stake in Apple by 1,800.0% in the first quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker’s stock valued at $42,000 after acquiring an additional 180 shares during the period. Nexus Investment Management ULC grew its holdings in shares of Apple by 333.3% during the second quarter. Nexus Investment Management ULC now owns 260 shares of the iPhone maker’s stock valued at $53,000 after purchasing an additional 200 shares during the last quarter. LSV Asset Management acquired a new stake in shares of Apple during the 4th quarter worth approximately $65,000. Finally, Morgan Dempsey Capital Management LLC raised its position in shares of Apple by 41.0% during the 2nd quarter. Morgan Dempsey Capital Management LLC now owns 430 shares of the iPhone maker’s stock worth $88,000 after purchasing an additional 125 shares during the period. 67.73% of the stock is owned by institutional investors and hedge funds.

Apple Stock Down 0.5%

AAPL stock opened at $262.52 on Thursday. The firm’s 50-day moving average is $264.14 and its two-hundred day moving average is $260.06. The company has a market capitalization of $3.85 trillion, a price-to-earnings ratio of 33.19, a price-to-earnings-growth ratio of 2.35 and a beta of 1.10. Apple Inc. has a 52 week low of $169.21 and a 52 week 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 data 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. Apple had a net margin of 27.04% and a return on equity of 159.94%. 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 posted $2.40 earnings per share. The business’s revenue was up 15.7% on a year-over-year basis. On average, analysts forecast that Apple Inc. will post 7.28 earnings per share for the current fiscal year.

Apple Dividend Announcement

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

More Apple News

Here are the key news stories impacting Apple this week:

• Positive Sentiment: New addressable market: Apple launched the low‑cost MacBook Neo starting at $599 ($499 student), a clear push into education and budget PC segments that could drive volume and new users for the ecosystem. Apple debuts $599 MacBook Neo to challenge Chromebooks, Windows PCs
• Positive Sentiment: AI and upgrade cycle upside: Apple rolled out M5 chips, new displays and device updates that support an AI/hardware upgrade thesis; some Wall Street firms maintain bullish targets and Buy ratings reflecting multi‑quarter upside. Wedbush maintains $350 Apple target as product blitz reinforces AI hardware push
• Neutral Sentiment: Mixed pricing strategy: Apple paired the Neo with higher base prices for M5 MacBook Air/Pro models — a potential boost to ASPs but an uncertain demand trade‑off in a price‑sensitive market. Apple raises MacBook prices across the board as M5 chips, new displays signal AI-first strategy
• Negative Sentiment: Near‑term market reaction: Despite the announcements, shares slipped as investors digested potential margin pressure from the mix of low‑priced models and costlier M5 upgrades; some outlets reported analyst target revisions and short‑term selling. Analyst revises Apple stock price target as new MacBook Neo announced
• Negative Sentiment: Supply/cost risks: A global memory‑chip shortage and higher component costs have forced Apple to raise some Mac prices and could squeeze margins or constrain supply for higher‑end models. Apple Uses Low Prices to Attack Rivals During Memory-Chip Crunch

Analyst Upgrades and Downgrades

AAPL has been the subject of a number of recent research reports. Rosenblatt Securities upped their price objective on Apple from $250.00 to $267.00 and gave the stock a “neutral” rating in a research note on Friday, January 30th. Needham & Company LLC reissued a “hold” rating on shares of Apple in a report on Friday, January 30th. Citigroup reaffirmed a “buy” rating and issued a $315.00 price objective (down from $330.00) on shares of Apple in a report on Tuesday, January 20th. JPMorgan Chase & Co. lifted their price objective on shares of Apple from $315.00 to $325.00 and gave the company an “overweight” rating in a research report on Friday, January 30th. Finally, Maxim Group upgraded shares of Apple from a “hold” rating to a “buy” rating and set a $300.00 target price for the company in a research report on Friday, January 30th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $297.56.

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.