Yarger Wealth Strategies LLC Has $9.20 Million Stake in Apple Inc. $AAPL

Yarger Wealth Strategies LLC trimmed its stake in shares of Apple Inc. (NASDAQ:AAPL) by 8.0% during the 4th quarter, Holdings Channel.com reports. The fund owned 33,824 shares of the iPhone maker’s stock after selling 2,950 shares during the quarter. Apple accounts for approximately 4.0% of Yarger Wealth Strategies LLC’s portfolio, making the stock its 5th largest position. Yarger Wealth Strategies LLC’s holdings in Apple were worth $9,195,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the stock. Vanguard Group Inc. boosted its holdings in shares of Apple by 0.4% during the first quarter. Vanguard Group Inc. now owns 1,400,790,809 shares of the iPhone maker’s stock worth $311,157,662,000 after purchasing an additional 5,005,297 shares during the period. State Street Corp increased its holdings in 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 period. Geode Capital Management LLC increased its holdings 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 valued at $72,506,336,000 after purchasing an additional 4,942,638 shares during the period. Norges Bank bought a new position in Apple during the 2nd quarter valued at approximately $38,942,255,000. Finally, Northern Trust Corp raised its position in Apple by 13.3% during 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 hedge funds and other institutional investors.

Apple Stock Down 1.3%

Shares of NASDAQ:AAPL opened at $267.50 on Tuesday. Apple Inc. has a 52-week low of $193.25 and a 52-week high of $288.62. The firm has a market capitalization of $3.93 trillion, a P/E ratio of 33.82, a P/E/G ratio of 2.47 and a beta of 1.11. The stock has a 50 day moving average price of $260.26 and a 200-day moving average price of $264.76. 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 released its quarterly earnings results on Thursday, January 29th. The iPhone maker reported $2.84 earnings per share for the quarter, beating the consensus estimate of $2.67 by $0.17. The company had revenue of $143.76 billion for the quarter, compared to analyst estimates of $138.25 billion. Apple had a return on equity of 159.94% and a net margin of 27.04%.The firm’s revenue was up 15.7% on a year-over-year basis. During the same period in the previous year, the company posted $2.40 earnings per share. As a group, equities research analysts anticipate that Apple Inc. will post 8.52 EPS for the current fiscal year.

Apple Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 12th. Stockholders 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 dividend yield of 0.4%. The ex-dividend date was Monday, February 9th. Apple’s payout ratio is 13.15%.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on AAPL. Sanford C. Bernstein reiterated an “outperform” rating on shares of Apple in a research report on Wednesday, March 4th. Maxim Group upgraded Apple from a “hold” rating to a “buy” rating and set a $300.00 target price for the company in a report on Friday, January 30th. Bank of America raised their price target on Apple from $320.00 to $325.00 and gave the stock a “buy” rating in a research note on Tuesday, April 14th. Wedbush reiterated an “outperform” rating and issued a $350.00 price target on shares of Apple in a report on Tuesday, April 21st. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Apple from $315.00 to $325.00 and gave the company an “overweight” rating in a research report on Friday, January 30th. 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’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $303.06.

Trending Headlines about Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Street expects constructive guidance for fiscal Q2 (roughly +13%–16% revenue growth and healthy gross margins), which supports a potential beat when Apple reports. Should You Buy, Sell, or Hold AAPL Stock Before Q2 Earnings?
• Positive Sentiment: Reports say Apple took the top global smartphone spot in the March quarter (iPhone 17e momentum + supply-chain execution), supporting near-term hardware revenue. Apple is defying a global smartphone slump
• Positive Sentiment: Apple is testing App Store monthly subscriptions with a 12‑month commitment — a tweak that could raise conversion and recurring services revenue over time. Apple introduces monthly subscriptions with a 12-month commitment on the App Store – 9to5Mac
• Positive Sentiment: Early reviews of the MacBook Pro M5 highlight strong performance and battery life — a reminder Apple still pushes hardware leadership. MacBook Pro M5 review: serious power, still long battery life
• Neutral Sentiment: Leadership change: John Ternus will become CEO in September; markets are parsing his product-first background and services/AI focus — important for long-term strategy but creates near-term uncertainty. John Ternus, Apple’s new CEO, inherits a rebounding China business—and some messy headaches
• Neutral Sentiment: Big Tech earnings week raises the bar: investors want clearer signs Apple is monetizing AI (on‑device or services) — the event is a catalyst but outcome uncertain. Big Tech faces key earnings test on AI spending and cloud growth
• Negative Sentiment: Qualcomm + OpenAI reports have triggered a rotation into chipmakers and revived fears Apple could lose an edge on on‑device AI — that sector rotation pressured AAPL today. Could This New AI Smartphone Compete With Apple? Qualcomm Shares Rise
• Negative Sentiment: Commentary and analyst pieces argue Apple is lagging on AI execution — a growing narrative that increases short‑term downside risk if earnings don’t show clear AI traction. Apple Is Falling Behind in AI. Will a New CEO Revive Apple Stock?
• Negative Sentiment: Insider selling: Apple’s CFO disclosed a sale of ~1,534 shares (filed), which can add to near‑term selling pressure despite being a small-dollar transaction relative to the company’s size. Kevan Parekh Form 4 (SEC)

Insider Activity

In other news, CFO Kevan Parekh sold 1,534 shares of the company’s stock in a transaction dated Thursday, April 23rd. The shares were sold at an average price of $275.00, for a total value 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. This represents a 10.30% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Timothy D. Cook sold 64,949 shares of the stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $254.23, for a total transaction of $16,511,984.27. Following the completion of the transaction, 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 ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 96,485 shares of company stock worth $24,594,845. Corporate insiders own 0.06% of the company’s stock.

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.