- Eastern Bank increased its stake in Apple Inc. by 4.5% in the second quarter, bringing its total holdings to 1,165,437 shares valued at $337,231,000.
- Apple reported a quarterly revenue of $109.42 billion and earnings per share of $2.02, alongside various institutional investments, insider stock sales, and mixed market sentiment driven by regulatory and technological updates.
- The company maintains a market capitalization of $4.46 trillion while continuing its regular quarterly dividend distribution of $0.27 per share.
- PVG Asset Management Corp purchased a new stake of 52,581 shares in Eastern Bankshares, Inc. valued at approximately $1,074,000 during the first quarter.
- Multiple institutional investors also adjusted their positions in the company, with institutional ownership currently accounting for 71.68% of the stock.
- Eastern Bankshares recently reported quarterly earnings of $0.49 EPS and announced a quarterly dividend of $0.15 per share payable on September 22nd.