Apple Inc. $AAPL Holdings Reduced by New Mexico Educational Retirement Board

New Mexico Educational Retirement Board lowered its stake in shares of Apple Inc. (NASDAQ:AAPL) by 4.5% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 669,964 shares of the iPhone maker’s stock after selling 31,900 shares during the period. Apple comprises about 5.3% of New Mexico Educational Retirement Board’s investment portfolio, making the stock its 3rd biggest position. New Mexico Educational Retirement Board’s holdings in Apple were worth $170,593,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Painted Porch Advisors LLC lifted its holdings in shares of Apple by 2.9% in the 3rd quarter. Painted Porch Advisors LLC now owns 53,797 shares of the iPhone maker’s stock valued at $13,698,000 after buying an additional 1,526 shares during the period. Tull Financial Group Inc. raised its position in Apple by 8.1% during the third quarter. Tull Financial Group Inc. now owns 3,104 shares of the iPhone maker’s stock valued at $790,000 after acquiring an additional 232 shares in the last quarter. MRP Capital Investments LLC purchased a new position in Apple during the third quarter valued at approximately $3,507,000. Alecta Tjanstepension Omsesidigt lifted its holdings in Apple by 3.9% in the third quarter. Alecta Tjanstepension Omsesidigt now owns 2,656,000 shares of the iPhone maker’s stock valued at $676,032,000 after acquiring an additional 100,100 shares during the period. Finally, Saranac Partners Ltd lifted its holdings in Apple by 10.8% in the third quarter. Saranac Partners Ltd now owns 30,132 shares of the iPhone maker’s stock valued at $7,671,000 after acquiring an additional 2,937 shares during the period. Institutional investors and hedge funds own 67.73% of the company’s stock.

Key Apple News

Here are the key news stories impacting Apple this week:

• Positive Sentiment: U.S. trade tribunal ruled Apple’s latest Apple Watch models do not infringe Masimo’s patents, avoiding an immediate import ban and preserving a key wearables revenue stream. Apple Watch ruling
• Positive Sentiment: WWDC set for June 8–12 with teasers for “AI advancements,” raising expectations for software and services announcements that could boost monetization (Siri/AI features, developer ecosystem). WWDC date and AI tease
• Positive Sentiment: Reports that Apple will add paid search ads to Apple Maps this summer point to an incremental services revenue stream and higher services monetization. Maps ads
• Positive Sentiment: Supply‑chain checks and analyst notes (BofA) suggest Apple is preparing a 2026 foldable iPhone — catalysts for hardware upgrade cycles and investor enthusiasm around a new form factor. Foldable iPhone supply checks
• Positive Sentiment: Morgan Stanley reaffirmed an “overweight” view and set a $315 target, and other surveys point to stronger iPhone upgrade intent (supporting revenue visibility). Analyst optimism
• Neutral Sentiment: Short‑interest data in this cycle shows effectively zero days to cover (no material short pressure), which is unlikely to move the stock materially either way. Short interest note
• Neutral Sentiment: Options/volatility chatter (iron‑condor strategies) highlights elevated implied volatility—relevant to derivatives traders but mixed for equity direction. Options strategy
• Negative Sentiment: Supply‑side cost pressure: Apple has raised some storage prices and faces higher memory costs; management choices (absorbing costs vs. passing to customers) could pressure margins. Storage price/cost pressure
• Negative Sentiment: Regulatory risk in Europe: broadcasters have urged scrutiny of big tech’s control over smart‑TV and AI features, adding a potential regulatory overhang to services and platform expansion. EU regulatory pressure

Apple Price Performance

Apple stock opened at $251.49 on Tuesday. The company’s fifty day moving average price is $260.81 and its 200 day moving average price is $262.45. Apple Inc. has a 1 year low of $169.21 and a 1 year high of $288.62. The stock has a market capitalization of $3.69 trillion, a P/E ratio of 31.79, a P/E/G ratio of 2.21 and a beta of 1.10. 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 (NASDAQ:AAPL) last posted its quarterly earnings data on Thursday, January 29th. The iPhone maker reported $2.84 earnings per share for the quarter, topping analysts’ consensus estimates of $2.67 by $0.17. Apple had a net margin of 27.04% and a return on equity of 159.94%. The company had revenue of $143.76 billion during the quarter, compared to analysts’ expectations of $138.25 billion. During the same period in the prior year, the business posted $2.40 earnings per share. The firm’s revenue for the quarter was up 15.7% on a year-over-year basis. As a group, equities research analysts anticipate that Apple Inc. will post 7.28 earnings per share for the current fiscal year.

Apple Announces Dividend

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

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. Stephens set a $315.00 price objective on shares of Apple in a research note on Monday, January 26th. Raymond James Financial reiterated a “market perform” rating on shares of Apple in a research note on Friday, January 2nd. Phillip Securities raised shares of Apple from a “moderate sell” rating to a “hold” rating in a report on Sunday, February 1st. Jefferies Financial Group set a $330.00 price objective on shares of Apple in a report on Wednesday, March 4th. Finally, UBS Group reiterated a “neutral” rating 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 issued a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $297.58.

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.