Apple Inc. $AAPL is Cidel Asset Management Inc.’s 8th Largest Position

Posted by ABMN Staff on Jun 30th, 2026

Cidel Asset Management Inc. raised its stake in Apple Inc. (NASDAQ:AAPL – Free Report) by 150.8% during the 1st quarter, HoldingsChannel.com reports. The firm owned 193,373 shares of the iPhone maker’s stock after acquiring an additional 116,271 shares during the period. Apple makes up 2.7% of Cidel Asset Management Inc.’s investment portfolio, making the stock its 8th largest position. Cidel Asset Management Inc.’s holdings in Apple were worth $49,076,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Norges Bank acquired a new stake in Apple during the 4th quarter worth $52,266,468,000. Nuveen LLC acquired a new position in Apple in the first quarter valued at $17,472,482,000. Cardano Risk Management B.V. grew its holdings in shares of Apple by 890.7% during the fourth quarter. Cardano Risk Management B.V. now owns 41,984,810 shares of the iPhone maker’s stock worth $11,413,990,000 after purchasing an additional 37,746,784 shares during the last quarter. Laurel Wealth Advisors LLC increased its position in shares of Apple by 20,464.8% during the second quarter. Laurel Wealth Advisors LLC now owns 27,069,029 shares of the iPhone maker’s stock worth $5,553,753,000 after purchasing an additional 26,937,401 shares in the last quarter. Finally, Vanguard Group Inc. increased its position in shares of Apple by 1.9% during the fourth quarter. Vanguard Group Inc. now owns 1,426,283,914 shares of the iPhone maker’s stock worth $387,749,545,000 after purchasing an additional 26,856,752 shares in the last quarter. Institutional investors and hedge funds own 67.73% of the company’s stock.

Apple Price Performance

Shares of NASDAQ:AAPL opened at $281.74 on Tuesday. Apple Inc. has a 12 month low of $199.26 and a 12 month high of $317.40. The firm has a market capitalization of $4.14 trillion, a price-to-earnings ratio of 34.07, a price-to-earnings-growth ratio of 2.47 and a beta of 1.09. The business’s 50 day simple moving average is $292.88 and its 200-day simple moving average is $273.20. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.07 and a quick ratio of 1.02.

Apple (NASDAQ:AAPL – Get Free Report) last issued its quarterly earnings data on Thursday, April 30th. The iPhone maker reported $2.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.95 by $0.06. The firm had revenue of $111.18 billion during the quarter, compared to analysts’ expectations of $109.46 billion. Apple had a return on equity of 146.69% and a net margin of 27.15%.Apple’s revenue was up 16.6% on a year-over-year basis. During the same period in the previous year, the firm posted $1.65 earnings per share. As a group, equities analysts forecast that Apple Inc. will post 8.74 earnings per share for the current fiscal year.

Apple Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 14th. Investors of record on Monday, May 11th were given a $0.27 dividend. 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 payout ratio is presently 13.06%.

Trending Headlines about Apple

Here are the key news stories impacting Apple this week:

Positive Sentiment: Apple is accelerating software security updates to respond faster to AI-driven hacking threats, which could reassure users and enterprises that the company is proactively protecting its ecosystem. Reuters: Apple says it is releasing updates early in response to AI cybersecurity concerns
Positive Sentiment: Counterpoint-related reports suggest Apple could reach record market share in smartphones, laptops, and tablets in 2026, reinforcing the company’s competitive position and long-term device demand. Seeking Alpha: Apple to hit record market share in smartphones, laptops, tablets in 2026: Counterpoint
Positive Sentiment: Some analysts argue Apple’s recent price increases may not hurt earnings as much as feared because of the company’s pricing power and loyal customer base. TipRanks: Apple Raising Device Prices May Not Hurt Earnings as Much as Investors Fear
Neutral Sentiment: Reports that Apple wants approval to buy memory chips from China’s CXMT highlight efforts to secure supply, but also underscore how the AI-driven memory crunch is pressuring margins and creating geopolitical risk. Invezz: Apple wants to buy memory chips from CXMT
Negative Sentiment: Apple is facing intensified scrutiny over recent price hikes, with multiple reports warning that higher component costs could slow revenue growth and pressure consumer demand. Barchart: Price Hikes Could Create a Major Problem for AAPL Stock
Negative Sentiment: Apple’s dispute with India’s antitrust regulator adds legal uncertainty, with the company accusing the watchdog of copying rivals’ claims and potentially raising the risk of tougher App Store remedies. Reuters: Apple iPhone 18 Pro supplier list… exposed in Tata data leak
Negative Sentiment: A Reuters report that iPhone 18 Pro supplier and component details were exposed in a Tata Electronics data leak adds another supply-chain and product-secrecy concern for Apple. Yahoo Finance video: Apple says India ‘copy-pasted’ rivals’ claims in antitrust probe

Wall Street Analyst Weigh In

A number of analysts recently issued reports on AAPL shares. Stifel Nicolaus set a $330.00 target price on Apple in a research report on Monday, March 2nd. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Apple in a research report on Monday, June 8th. DA Davidson reiterated a “neutral” rating and issued a $270.00 price objective on shares of Apple in a research note on Friday, May 1st. Morgan Stanley reiterated an “overweight” rating on shares of Apple in a research note on Friday. Finally, Citigroup reaffirmed a “buy” rating on shares of Apple in a report on Monday, June 1st. One research 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 given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $314.85.

View Our Latest Stock Report on AAPL

Insider Buying and Selling at Apple

In related news, insider Ben Borders sold 116 shares of the stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $295.14, for a total value of $34,236.24. Following the sale, the insider directly owned 38,713 shares of the company’s stock, valued at approximately $11,425,754.82. This represents a 0.30% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Kevan Parekh sold 1,534 shares of the firm’s stock in a transaction dated Thursday, April 23rd. The shares were sold at an average price of $275.00, for a total transaction of $421,850.00. Following the transaction, the chief financial officer owned 13,366 shares of the company’s stock, valued at $3,675,650. This trade represents a 10.30% decrease in their ownership of the stock. 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 90 days. 0.06% of the stock is currently owned by corporate insiders.

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.