9823 Capital L.P. Purchases New Holdings in Apple Inc. $AAPL

9823 Capital L.P. purchased a new stake in Apple Inc. (NASDAQ:AAPL) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 306,612 shares of the iPhone maker’s stock, valued at approximately $83,356,000. Apple makes up 57.4% of 9823 Capital L.P.’s investment portfolio, making the stock its largest holding.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Caisse de depot et placement du Quebec boosted its stake in Apple by 1.5% in the fourth quarter. Caisse de depot et placement du Quebec now owns 9,695,513 shares of the iPhone maker’s stock valued at $2,635,822,000 after acquiring an additional 145,390 shares during the last quarter. Scarborough Advisors LLC boosted its stake in Apple by 2.6% in the fourth quarter. Scarborough Advisors LLC now owns 15,613 shares of the iPhone maker’s stock valued at $4,245,000 after acquiring an additional 401 shares during the last quarter. DV Equities LLC acquired a new stake in Apple in the fourth quarter worth $5,622,000. AQR Capital Management LLC boosted its position in shares of Apple by 15.5% during the fourth quarter. AQR Capital Management LLC now owns 12,501,523 shares of the iPhone maker’s stock worth $3,398,664,000 after purchasing an additional 1,681,401 shares in the last quarter. Finally, GAM Holding AG grew its holdings in shares of Apple by 7.7% in the 4th quarter. GAM Holding AG now owns 228,914 shares of the iPhone maker’s stock valued at $62,233,000 after buying an additional 16,422 shares during the period. Institutional investors and hedge funds own 67.73% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on AAPL shares. Evercore reissued an “outperform” rating on shares of Apple in a report on Monday, June 8th. Sanford C. Bernstein reissued an “outperform” rating on shares of Apple in a report on Monday, June 8th. Jefferies Financial Group reissued a “hold” rating on shares of Apple in a report on Tuesday, June 9th. Tigress Financial restated a “strong-buy” rating and set a $375.00 price objective (up from $305.00) on shares of Apple in a report on Thursday, May 14th. Finally, Wells Fargo & Company restated an “overweight” rating and set a $310.00 price objective (up from $300.00) on shares of Apple in a report on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $314.59.

Apple Stock Down 1.1%

Shares of AAPL stock opened at $295.95 on Thursday. The company has a current ratio of 1.07, a quick ratio of 1.02 and a debt-to-equity ratio of 0.70. Apple Inc. has a 1 year low of $195.07 and a 1 year high of $317.40. The firm’s fifty day moving average price is $288.06 and its two-hundred day moving average price is $272.66. The firm has a market capitalization of $4.35 trillion, a P/E ratio of 35.79, a PEG ratio of 2.61 and a beta of 1.09.

Apple (NASDAQ:AAPL) last issued its quarterly earnings results on Thursday, April 30th. The iPhone maker reported $2.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.95 by $0.06. Apple had a net margin of 27.15% and a return on equity of 146.69%. The firm had revenue of $111.18 billion for the quarter, compared to analyst estimates of $109.46 billion. During the same period in the previous year, the business earned $1.65 EPS. The company’s revenue was up 16.6% compared to the same quarter last year. On average, equities analysts predict that Apple Inc. will post 8.75 EPS for the current fiscal year.

Apple Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 14th. Stockholders of record on Monday, May 11th were paid a dividend of $0.27 per share. The ex-dividend date was Monday, May 11th. This represents a $1.08 annualized dividend and a dividend yield of 0.4%. This is a boost from Apple’s previous quarterly dividend of $0.26. Apple’s dividend payout ratio (DPR) is presently 13.06%.

Apple News Summary

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple is reportedly preparing a second-generation iPhone Air for spring 2027, with upgrades including a second rear camera and better battery life, reinforcing the company’s longer-term product pipeline. Article Title
• Positive Sentiment: Several analysts reiterated bullish views after WWDC, arguing Apple’s AI strategy, ecosystem integration, and premium-services monetization could support further upside in AAPL. Article Title
• Positive Sentiment: One report said Apple is well positioned to navigate the AI memory crunch because it built up inventory, which could help protect margins versus rivals facing the same component shortage. Article Title
• Neutral Sentiment: Apple insider Ben Borders sold a small number of shares, but the filing says the sale was mainly to cover tax withholding tied to equity vesting, making it less concerning for investors. Article Title
• Negative Sentiment: CEO Tim Cook said price hikes across Apple’s lineup are “unavoidable” because AI-driven demand is pushing up memory and storage chip costs, raising concerns about margin pressure and possible consumer backlash. Article Title
• Negative Sentiment: Investors remain frustrated with Apple’s slower-than-expected AI rollout, and some coverage says the company still has to prove tangible progress after WWDC rather than just promise future updates. Article Title
• Negative Sentiment: Italy opened a Digital Markets Act probe into Apple’s cloud interoperability practices, adding a new regulatory overhang in Europe. Article Title

Insider Activity

In related news, CEO Timothy D. Cook sold 64,949 shares of Apple stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $254.23, for a total transaction of $16,511,984.27. Following the completion of the sale, the chief executive officer owned 3,280,418 shares of the company’s stock, valued at approximately $833,980,668.14. The trade was a 1.94% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Kevan Parekh sold 1,534 shares of Apple stock in a transaction dated Thursday, April 23rd. The stock was sold at an average price of $275.00, for a total transaction of $421,850.00. Following the sale, the chief financial officer directly owned 13,366 shares of the company’s stock, valued at $3,675,650. The trade was a 10.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 97,875 shares of company stock valued at $24,998,541 over the last quarter. 0.06% of the stock is currently owned by company insiders.

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.