Occidental Asset Management LLC Raises Position in Apple Inc. $AAPL

Occidental Asset Management LLC lifted its holdings in shares of Apple Inc. (NASDAQ:AAPL) by 8.9% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 178,223 shares of the iPhone maker’s stock after buying an additional 14,623 shares during the period. Apple comprises about 5.8% of Occidental Asset Management LLC’s portfolio, making the stock its 2nd biggest holding. Occidental Asset Management LLC’s holdings in Apple were worth $48,452,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of AAPL. Vanguard Group Inc. lifted its holdings in shares of Apple by 1.1% in the second quarter. Vanguard Group Inc. now owns 1,415,932,804 shares of the iPhone maker’s stock worth $290,506,933,000 after acquiring an additional 15,141,995 shares during the last quarter. State Street Corp grew its holdings in shares of Apple by 0.9% during the 2nd quarter. State Street Corp now owns 601,249,995 shares of the iPhone maker’s stock valued at $123,358,461,000 after purchasing an additional 5,224,229 shares during the last quarter. Geode Capital Management LLC increased its position in Apple by 1.4% during the 2nd quarter. Geode Capital Management LLC now owns 354,749,794 shares of the iPhone maker’s stock worth $72,506,336,000 after purchasing an additional 4,942,638 shares in the last quarter. Norges Bank bought a new position in Apple in the 2nd quarter valued at approximately $38,942,255,000. Finally, Northern Trust Corp lifted 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 purchasing an additional 20,079,472 shares during the last quarter. 67.73% of the stock is owned by institutional investors and hedge funds.

Apple Price Performance

AAPL stock opened at $252.89 on Friday. The company has a market capitalization of $3.71 trillion, a P/E ratio of 31.97, a PEG ratio of 2.40 and a beta of 1.10. The company has a fifty day moving average price of $260.37 and a 200-day moving average price of $262.40. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.94 and a current ratio of 0.97. Apple Inc. has a 52-week low of $169.21 and a 52-week high of $288.62.

Apple (NASDAQ:AAPL) last issued its quarterly earnings data on Thursday, January 29th. The iPhone maker reported $2.84 earnings per share for the quarter, topping the consensus estimate of $2.67 by $0.17. The company had revenue of $143.76 billion for the quarter, compared to analysts’ expectations of $138.25 billion. Apple had a net margin of 27.04% and a return on equity of 159.94%. Apple’s revenue for the quarter was up 15.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.40 earnings per share. As a group, equities analysts expect that Apple Inc. will post 7.28 EPS for the current year.

Apple Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, February 12th. Shareholders of record on Monday, February 9th were given a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date was Monday, February 9th. Apple’s payout ratio is 13.15%.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. Scotiabank set a $330.00 target price on shares of Apple in a research note on Monday, February 2nd. KeyCorp reiterated a “sector weight” rating on shares of Apple in a research note on Thursday, March 12th. Loop Capital reissued a “buy” rating and set a $325.00 price objective (up from $315.00) on shares of Apple in a report on Tuesday, December 2nd. Moffett Nathanson boosted their price objective on Apple from $241.00 to $270.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 25th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating on shares of Apple in a report on Monday, March 2nd. One analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Apple has a consensus rating of “Moderate Buy” and a consensus price target of $297.58.

Trending Headlines about Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple expands its U.S. manufacturing program and will invest $400 million through 2030 with new partners (Bosch, Cirrus Logic, TDK, Qnity), which should improve supply‑chain resilience, political optics, and long‑term component security. Apple adds Bosch, Cirrus Logic, others to US manufacturing program, to invest $400 million
• Positive Sentiment: Apple plans to open Siri to outside AI assistants (e.g., Google’s Gemini, Anthropic’s Claude), a strategic pivot that makes the iPhone a more flexible AI hub and could accelerate services engagement and monetization. This announcement improves Apple’s competitive AI positioning. Apple plans to open Siri to rival AI services, Bloomberg News reports
• Positive Sentiment: Supplier reaction: Cirrus Logic’s stock rallied after being named to Apple’s American Manufacturing Program, signaling vendor wins and execution progress for Apple’s reshoring plan (could shorten lead times for sensors/components). Cirrus Logic Stock Breaks Out On Apple Partnership
• Neutral Sentiment: Apple rolled out UK age‑verification measures for iPhone users to comply with new government expectations — a regulatory compliance step that reduces policy risk but may affect UX and require implementation costs. Apple rolls out UK age checks for iPhone users
• Negative Sentiment: China headwinds: shipments of foreign‑branded phones in China fell in February, a macro demand signal that could pressure regional iPhone volumes if the trend persists (some analysts note Apple may be relatively insulated, but risk remains). February shipments of foreign-branded phones in China fall 7.7% from a year ago, CAICT data shows

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.