Segall Bryant & Hamill LLC Has $94.97 Million Stock Position in Apple Inc. $AAPL

Segall Bryant & Hamill LLC decreased its holdings in Apple Inc. (NASDAQ:AAPL) by 5.9% in the 1st quarter, Holdings Channel.com reports. The firm owned 374,207 shares of the iPhone maker’s stock after selling 23,576 shares during the period. Apple makes up 1.2% of Segall Bryant & Hamill LLC’s investment portfolio, making the stock its 4th largest position. Segall Bryant & Hamill LLC’s holdings in Apple were worth $94,970,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. Lifetime Wealth Management P.C. bought a new stake in Apple during the 4th quarter valued at $41,000. ROSS JOHNSON & Associates LLC boosted its holdings in shares of Apple by 1,800.0% in the first quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker’s stock worth $42,000 after acquiring an additional 180 shares during the period. LSV Asset Management bought a new stake in shares of Apple during the 4th quarter valued at $65,000. Timmons Wealth Management LLC bought a new stake in shares of Apple during the 4th quarter valued at $69,000. Finally, Inspire Investing LLC purchased a new stake in Apple during the 4th quarter worth about $76,000. 67.73% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on AAPL. The Goldman Sachs Group reaffirmed a “buy” rating and set a $360.00 target price (down from $370.00) on shares of Apple in a report on Friday, July 31st. Raymond James Financial reissued a “market perform” rating on shares of Apple in a report on Friday, July 31st. Oppenheimer reaffirmed a “market perform” rating on shares of Apple in a research note on Friday, July 31st. Weiss Ratings raised shares of Apple from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, August 3rd. Finally, Robert W. Baird increased their target price on shares of Apple from $310.00 to $330.00 and gave the stock an “outperform” rating in a research note on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, ten have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat, Apple presently has a consensus rating of “Moderate Buy” and an average price target of $328.60.

Apple Price Performance

Shares of NASDAQ AAPL opened at $305.93 on Friday. The stock’s 50-day simple moving average is $308.98 and its two-hundred day simple moving average is $285.19. Apple Inc. has a twelve month low of $223.78 and a twelve month high of $344.57. The firm has a market capitalization of $4.46 trillion, a P/E ratio of 35.08, a P/E/G ratio of 2.62 and a beta of 1.09. The company has a quick ratio of 0.93, a current ratio of 1.00 and a debt-to-equity ratio of 0.66.

Apple (NASDAQ:AAPL) last issued its quarterly earnings results on Thursday, July 30th. The iPhone maker reported $2.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.89 by $0.13. Apple had a return on equity of 135.46% and a net margin of 27.62%.The firm had revenue of $109.42 billion during the quarter, compared to the consensus estimate of $109.04 billion. During the same quarter last year, the company posted $1.57 EPS. The company’s revenue for the quarter was up 16.4% on a year-over-year basis. As a group, equities analysts anticipate that Apple Inc. will post 8.76 EPS for the current fiscal year.

Apple Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, August 13th. Investors of record on Monday, August 10th were paid a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend was Monday, August 10th. Apple’s dividend payout ratio (DPR) is currently 12.39%.

Insider Activity at Apple

In other news, insider Ben Borders sold 116 shares of the stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $295.14, for a total value of $34,236.24. Following the transaction, the insider owned 38,713 shares of the company’s stock, valued at $11,425,754.82. This represents a 0.30% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, SVP Jennifer Newstead sold 1,439 shares of the firm’s stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $307.75, for a total transaction of $442,852.25. Following the sale, the senior vice president owned 40,107 shares in the company, valued at approximately $12,342,929.25. This trade represents a 3.46% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.06% of the company’s stock.

Key Stories Impacting Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple is reportedly training a China-specific large language model with Alibaba’s support. The initiative could bring Apple Intelligence to Chinese users, improve Apple’s competitive position against Huawei and reduce reliance on third-party AI models in a key market. Apple trains China-specific AI model
• Positive Sentiment: Apple opened an advanced manufacturing center in Houston that will support AI-server production, Mac mini assembly and workforce training. The facility reinforces Apple’s U.S. investment plans and may improve supply-chain resilience and relations with policymakers. Apple opens Houston manufacturing facility
• Positive Sentiment: Apple reportedly received about $2.2 billion in tariff refunds. The cash recovery could offset some trade-related expenses and support near-term earnings and cash flow. Apple tariff refund report
• Positive Sentiment: Apple is discussing usage-based content agreements with publishers to improve the upgraded Siri’s access to current information. A stronger Siri could help narrow Apple’s perceived AI gap and support future services growth. Apple publisher talks for Siri
• Neutral Sentiment: Apple proposed a 15% commission on purchases made through external links in iOS apps amid its continuing legal dispute with Epic. The proposal could preserve some App Store revenue, but the final regulatory and legal outcome remains uncertain. Apple proposes external purchase commission
• Neutral Sentiment: Apple’s valuation remains demanding, with a market capitalization near $4.5 trillion and a forward earnings outlook that leaves the stock sensitive to execution. An insider sale by SVP Jennifer Newstead was disclosed, though such transactions do not necessarily indicate a change in corporate fundamentals. Apple insider sale
• Negative Sentiment: Jefferies downgraded Apple, citing concerns about the canceled or delayed all-glass iPhone concept, limited near-term AI momentum and rising memory-chip costs. Higher component prices could pressure margins and make it harder for Apple to justify its premium valuation. Jefferies Apple downgrade and iPhone concerns
• Negative Sentiment: Google’s Pixel 11 is placing Gemini more deeply into the smartphone experience, raising the competitive stakes for Apple ahead of the iPhone 18 launch and Siri’s broader overhaul.

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.