Laidlaw Wealth Management LLC Grows Stake in Apple Inc. (NASDAQ:AAPL)
2025-04-26T07:48:56Z
Laidlaw Wealth Management LLC increased its position in Apple Inc. (NASDAQ:AAPL – Free Report) by 1.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 39,889 shares o…
Laidlaw Wealth Management LLC increased its position in Apple Inc. (NASDAQ:AAPL – Free Report) by 1.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 39,889 shares of the iPhone maker’s stock after buying an additional 542 shares during the period. Apple accounts for approximately 4.4% of Laidlaw Wealth Management LLC’s investment portfolio, making the stock its 2nd biggest holding. Laidlaw Wealth Management LLC’s holdings in Apple were worth $9,989,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. O Connor Financial Group LLC increased its holdings in shares of Apple by 1.2% in the fourth quarter. O Connor Financial Group LLC now owns 3,578 shares of the iPhone maker’s stock worth $896,000 after purchasing an additional 41 shares during the period. 1620 Investment Advisors Inc. grew its position in Apple by 0.5% during the third quarter. 1620 Investment Advisors Inc. now owns 9,654 shares of the iPhone maker’s stock worth $2,249,000 after buying an additional 45 shares in the last quarter. Menard Financial Group LLC increased its stake in Apple by 0.4% in the 3rd quarter. Menard Financial Group LLC now owns 12,221 shares of the iPhone maker’s stock worth $2,848,000 after acquiring an additional 48 shares during the last quarter. Hanseatic Management Services Inc. raised its holdings in shares of Apple by 1.3% in the 4th quarter. Hanseatic Management Services Inc. now owns 3,775 shares of the iPhone maker’s stock valued at $945,000 after acquiring an additional 48 shares in the last quarter. Finally, Family Capital Management Inc. boosted its position in shares of Apple by 0.3% during the 4th quarter. Family Capital Management Inc. now owns 16,910 shares of the iPhone maker’s stock valued at $4,235,000 after acquiring an additional 48 shares during the last quarter. 67.73% of the stock is owned by institutional investors.
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Analyst Ratings Changes
Several research firms recently weighed in on AAPL. Barclays upped their price objective on shares of Apple from $183.00 to $197.00 and gave the stock an “underweight” rating in a research report on Friday, January 31st. Argus upgraded shares of Apple to a “strong-buy” rating in a research report on Friday, January 31st. Wedbush dropped their price objective on shares of Apple from $325.00 to $250.00 and set an “outperform” rating for the company in a report on Monday, April 7th. KeyCorp raised Apple from an “underweight” rating to a “sector weight” rating in a research note on Monday, April 14th. Finally, Tigress Financial lifted their price target on Apple from $295.00 to $300.00 and gave the stock a “strong-buy” rating in a research note on Thursday, April 3rd. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, twenty-two have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $233.88.
Apple Trading Up 0.4 %
Shares of AAPL opened at $209.28 on Friday. Apple Inc. has a 1-year low of $169.11 and a 1-year high of $260.10. The company has a current ratio of 0.92, a quick ratio of 0.88 and a debt-to-equity ratio of 1.26. The firm’s 50-day moving average price is $215.71 and its 200-day moving average price is $229.31. The firm has a market capitalization of $3.14 trillion, a price-to-earnings ratio of 33.22, a PEG ratio of 2.44 and a beta of 1.26.
Apple (NASDAQ:AAPL – Get Free Report) last posted its quarterly earnings data on Thursday, January 30th. The iPhone maker reported $2.40 earnings per share for the quarter, beating the consensus estimate of $2.36 by $0.04. Apple had a return on equity of 160.83% and a net margin of 24.30%. Sell-side analysts anticipate that Apple Inc. will post 7.28 EPS for the current year.
Apple Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Thursday, February 13th. Investors of record on Monday, February 10th were issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.48%. The ex-dividend date of this dividend was Monday, February 10th. Apple’s dividend payout ratio is currently 15.87%.
Insiders Place Their Bets
In related news, CFO Kevan Parekh sold 4,570 shares of Apple stock in a transaction on Wednesday, April 23rd. The stock was sold at an average price of $206.00, for a total value of $941,420.00. Following the completion of the sale, the chief financial officer now owns 4,569 shares of the company’s stock, valued at $941,214. The trade was a 50.01 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, COO Jeffrey E. Williams sold 35,493 shares of the stock in a transaction dated Wednesday, April 2nd. The shares were sold at an average price of $224.01, for a total value of $7,950,786.93. Following the completion of the transaction, the chief operating officer now directly owns 390,059 shares in the company, valued at approximately $87,377,116.59. This represents a 8.34 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 187,021 shares of company stock valued at $41,760,140. Company insiders own 0.06% of the company’s stock.
Apple Profile
(Free Report)
Apple Inc designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple TV, Apple Watch, Beats products, and HomePod.
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