HHM Wealth Advisors LLC Lowers Stake in Apple Inc. $AAPL

HHM Wealth Advisors LLC decreased its position in Apple Inc. (NASDAQ:AAPL) by 3.4% during the 4th quarter, Holdings Channel.com reports. The firm owned 66,741 shares of the iPhone maker’s stock after selling 2,327 shares during the period. Apple comprises about 2.1% of HHM Wealth Advisors LLC’s portfolio, making the stock its 9th biggest holding. HHM Wealth Advisors LLC’s holdings in Apple were worth $18,144,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of AAPL. Isthmus Partners LLC grew its stake in shares of Apple by 6.4% during the 3rd quarter. Isthmus Partners LLC now owns 97,177 shares of the iPhone maker’s stock worth $25,000 after acquiring an additional 5,808 shares during the period. Sellwood Investment Partners LLC raised its stake in Apple by 110.9% in the 3rd quarter. Sellwood Investment Partners LLC now owns 135 shares of the iPhone maker’s stock valued at $34,000 after acquiring an additional 71 shares during the period. ROSS JOHNSON & Associates LLC lifted its holdings in Apple by 1,800.0% during the first quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker’s stock valued at $42,000 after purchasing an additional 180 shares during the last quarter. LSV Asset Management purchased a new stake in Apple during the fourth quarter valued at about $65,000. Finally, 49 Wealth Management LLC boosted its position in Apple by 15.7% during the third quarter. 49 Wealth Management LLC now owns 298,920 shares of the iPhone maker’s stock worth $76,000 after purchasing an additional 40,543 shares during the period. 67.73% of the stock is owned by institutional investors.

Apple Price Performance

Shares of NASDAQ:AAPL opened at $271.35 on Friday. The company has a 50 day moving average of $260.73 and a 200 day moving average of $265.02. The company has a current ratio of 0.97, a quick ratio of 0.94 and a debt-to-equity ratio of 0.87. The stock has a market cap of $3.98 trillion, a P/E ratio of 34.30, a P/E/G ratio of 2.46 and a beta of 1.11. Apple Inc. has a 12 month low of $193.25 and a 12 month high of $288.62.

Apple (NASDAQ:AAPL) last posted its earnings results on Thursday, April 30th. The iPhone maker reported $2.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.92 by $0.09. Apple had a net margin of 27.04% and a return on equity of 159.94%. The business had revenue of $111.18 billion for the quarter, compared to analysts’ expectations of $109.46 billion. During the same period in the prior year, the company posted $1.65 EPS. The business’s revenue for the quarter was up 16.6% compared to the same quarter last year. As a group, sell-side analysts forecast that Apple Inc. will post 8.52 EPS for the current fiscal year.

Apple Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 14th. Investors of record on Monday, May 11th will be given a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.4%. This is a boost from Apple’s previous quarterly dividend of $0.26. The ex-dividend date is Monday, May 11th. Apple’s dividend payout ratio (DPR) is 13.15%.

Trending Headlines about Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Q2 beat on top and bottom lines — Apple reported $111.2B revenue and $2.01 adjusted EPS, topping Street estimates and signaling continued demand momentum. Apple’s Stock Climbs on a Rosy Outlook
• Positive Sentiment: Management says iPhone 17 demand is “extraordinary”; iPhone revenue rose strongly and the active installed base hit records — supports durable hardware growth. Apple Sales Top $111 Billion in Second Quarter
• Positive Sentiment: Strong forward guide — Apple guided fiscal Q3 revenue up 14–17% YoY (above consensus), and raised profit guidance; that drove the most immediate upside reaction. Apple Stock Jumps on Revenue Outlook
• Positive Sentiment: Capital return ramp — Apple added $100B to its buyback program and signaled shareholder-friendly distributions, which supports EPS and investor sentiment. Apple adds $100 billion to its share buyback program
• Neutral Sentiment: Services and Mac strength — Services hit an all-time quarterly high (~$30B) and Macs saw AI-driven demand, diversifying revenue beyond iPhone. Apple was surprised by AI-driven demand for Macs
• Neutral Sentiment: Leadership transition spotlight — Tim Cook introduced incoming CEO John Ternus on the earnings call; investors see a smooth handoff but will watch execution under new leadership. Incoming Apple CEO John Ternus Makes Wall Street Cameo
• Negative Sentiment: Memory and supply headwinds — Management warned memory costs will increasingly impact the business and said supply constraints limited some iPhone shipments; that could pressure margins and near-term unit growth. Cook: Memory Costs Will Be Increasing Impact On Our Business
• Negative Sentiment: Regulatory/legal risk — Apple is in a tense dispute with India’s antitrust body over document requests; prolonged fights or fines could be a headline risk in key markets. Apple says India antitrust body overstepping judicial authority
• Negative Sentiment: Product execution concerns — reports that Vision Pro priority has been dialed back and mixed commentary on longer-term AI positioning leave some investors wanting clearer strategy/roadmap. Apple Has Given Up on the Vision Pro After M5 Refresh Flop

Analyst Ratings Changes

Several equities analysts have recently weighed in on AAPL shares. Needham & Company LLC reiterated a “hold” rating on shares of Apple in a research note on Friday, January 30th. DA Davidson reaffirmed a “neutral” rating and issued a $270.00 price objective on shares of Apple in a report on Friday, January 30th. Royal Bank Of Canada set a $325.00 price objective on shares of Apple in a research note on Monday, February 2nd. KGI Securities raised shares of Apple to an “outperform” rating and set a $306.00 target price on the stock in a report on Friday, January 30th. Finally, Bank of America increased their target price on Apple from $320.00 to $325.00 and gave the stock a “buy” rating in a research report on Tuesday, April 14th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $301.83.

Insider Buying and Selling

In other Apple news, CFO Kevan Parekh sold 1,534 shares of the company’s stock in a transaction dated Thursday, April 23rd. The stock was sold at an average price of $275.00, for a total value of $421,850.00. Following the transaction, the chief financial officer directly owned 13,366 shares in the company, valued at $3,675,650. This represents a 10.30% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Timothy D. Cook sold 64,949 shares of the company’s stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $254.23, for a total value of $16,511,984.27. Following the completion of the transaction, the chief executive officer owned 3,280,418 shares in the company, valued at $833,980,668.14. This represents a 1.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 96,485 shares of company stock worth $24,594,845. Corporate insiders own 0.06% of the company’s stock.

Apple Company 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.