Intech Investment Management LLC Has $426.19 Million Stock Position in Apple Inc. $AAPL

Intech Investment Management LLC lowered its position in shares of Apple Inc. (NASDAQ:AAPL) by 10.4% during the third quarter, Holdings Channel.com reports. The firm owned 1,673,750 shares of the iPhone maker’s stock after selling 193,917 shares during the quarter. Apple accounts for 3.8% of Intech Investment Management LLC’s portfolio, making the stock its 3rd biggest holding. Intech Investment Management LLC’s holdings in Apple were worth $426,187,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in AAPL. American Alpha Advisors LLC lifted its holdings in shares of Apple by 3.7% during the third quarter. American Alpha Advisors LLC now owns 1,151 shares of the iPhone maker’s stock worth $293,000 after buying an additional 41 shares in the last quarter. Capstone Wealth Management LLC grew its stake in shares of Apple by 0.5% in the third quarter. Capstone Wealth Management LLC now owns 8,537 shares of the iPhone maker’s stock valued at $2,174,000 after acquiring an additional 42 shares in the last quarter. Avant Capital LLC grew its stake in shares of Apple by 0.9% in the third quarter. Avant Capital LLC now owns 4,814 shares of the iPhone maker’s stock valued at $1,226,000 after acquiring an additional 43 shares in the last quarter. Tacita Capital Inc increased its position in Apple by 0.8% during the third quarter. Tacita Capital Inc now owns 5,718 shares of the iPhone maker’s stock worth $1,456,000 after acquiring an additional 44 shares during the period. Finally, Aspetuck Financial Management LLC raised its stake in Apple by 0.3% in the 3rd quarter. Aspetuck Financial Management LLC now owns 17,702 shares of the iPhone maker’s stock worth $4,507,000 after purchasing an additional 46 shares in the last quarter. 67.73% of the stock is owned by institutional investors and hedge funds.

Apple Trading Up 0.4%

Shares of AAPL stock opened at $260.83 on Wednesday. The company has a quick ratio of 0.94, a current ratio of 0.97 and a debt-to-equity ratio of 0.87. The firm has a market capitalization of $3.83 trillion, a P/E ratio of 32.97, a P/E/G ratio of 2.32 and a beta of 1.10. Apple Inc. has a twelve month low of $169.21 and a twelve month high of $288.62. The stock’s fifty day simple moving average is $263.04 and its 200 day simple moving average is $261.18.

Apple (NASDAQ:AAPL) last announced its quarterly earnings results on Thursday, January 29th. The iPhone maker reported $2.84 EPS for the quarter, beating analysts’ consensus estimates of $2.67 by $0.17. Apple had a return on equity of 159.94% and a net margin of 27.04%.The firm had revenue of $143.76 billion for the quarter, compared to analyst estimates of $138.25 billion. During the same period last year, the firm posted $2.40 earnings per share. The business’s revenue for the quarter was up 15.7% on a year-over-year basis. As a group, sell-side analysts predict that Apple Inc. will post 7.28 EPS for the current fiscal year.

Apple Announces Dividend

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

Analysts Set New Price Targets

A number of brokerages have issued reports on AAPL. Needham & Company LLC restated a “hold” rating on shares of Apple in a research report on Friday, January 30th. Monness Crespi & Hardt lifted their price target on shares of Apple from $300.00 to $315.00 and gave the company a “buy” rating in a research report on Friday, January 30th. Citigroup reiterated a “buy” rating and issued a $315.00 price target (down from $330.00) on shares of Apple in a research note on Tuesday, January 20th. Jefferies Financial Group set a $330.00 price objective on Apple in a report on Wednesday, March 4th. Finally, Wedbush restated an “outperform” rating and issued a $350.00 price target on shares of Apple in a research report on Wednesday, March 4th. 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 MarketBeat.com, Apple has a consensus rating of “Moderate Buy” and a consensus price target of $297.58.

Key Stories Impacting Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: India manufacturing surge lowers China concentration and tariff risk — Apple now makes roughly 25% of iPhones after a ~53% increase in India production last year, reducing geopolitical/tariff exposure and supporting margin resilience. Apple now makes one in four iPhones in India: report
• Positive Sentiment: Move into lower‑priced devices could grow ecosystem and unit volumes — coverage highlights Apple’s new budget‑friendly iPhone 17e and a $599 MacBook Neo as deliberate steps to expand market share while protecting services revenue. Apple’s Newest Phone and Laptop Are More Budget-Friendly. Premium Products Could Be Next
• Positive Sentiment: Analyst support remains — Citi reiterated a Buy and $315 target, citing resilient margins, expanding services and emerging AI upside, which underpins upside narratives despite cost pressures. Apple: Resilient Margins, Expanding Services, and Emerging AI Upside Support Buy Rating and $315 Target
• Neutral Sentiment: PC market dynamics could be a relative winner for Apple — analysis suggests industry weakness (memory cost shock) may hurt rivals more than Apple, potentially supporting Mac share gains. The PC Collapse Has a Winner — and It’s Not Who You Think
• Neutral Sentiment: Supplier shifts and competitor headlines — Bank of America warns Qualcomm faces loss of Apple business; this is more a negative for Qualcomm but signals Apple’s growing in‑house or alternate sourcing strategies. Qualcomm faces loss of Apple business, competitive pressures, says Bank of America
• Negative Sentiment: Siri/AI issues delaying smart‑home hardware — Reported Siri troubles have pushed back a smart home display launch, signaling execution and AI software risks for new product lines. Apple’s Siri Troubles Put Smart Home Display On Hold
• Negative Sentiment: Regulatory friction in Europe — German publishers say Apple’s revised app tracking rules don’t fix antitrust concerns and urge fines, adding potential regulatory/legal risk to its services/advertising ecosystem. German publishers reject Apple’s revised app tracking rules, urge antitrust fine
• Negative Sentiment: Memory cost headwinds — Coverage flags rising DRAM prices as a near‑term margin pressure (a possible ~140bps headwind), which could temper profit expansion even as revenue grows. Apple Stock — Why Analysts Still Like It Despite A Memory Squeeze

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.