--- title: "Avalon Trust Co Increases Stake in Apple Inc. $AAPL" type: "News" locale: "en" url: "https://longbridge.com/en/news/294598208.md" description: "Avalon Trust Co increased its stake in Apple Inc. by 1.2% in Q1, holding 416,025 shares valued at $105.6 million. This makes Apple the fund's second-largest holding. Other institutions like ROSS JOHNSON & Associates also boosted positions. Meanwhile, Apple reported strong Q2 earnings with $109.4 billion revenue and $2.02 EPS, beating estimates, and announced a $0.27 quarterly dividend." datetime: "2026-08-02T07:20:41.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294598208.md) - [en](https://longbridge.com/en/news/294598208.md) - [zh-HK](https://longbridge.com/zh-HK/news/294598208.md) --- # Avalon Trust Co Increases Stake in Apple Inc. $AAPL Avalon Trust Co lifted its holdings in Apple Inc. (NASDAQ:AAPL - Free Report) by 1.2% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 416,025 shares of the iPhone maker's stock after buying an additional 5,000 shares during the quarter. Apple comprises 7.3% of Avalon Trust Co's portfolio, making the stock its 2nd biggest holding. Avalon Trust Co's holdings in Apple were worth $105,583,000 as of its most recent SEC filing. - A Sweet Beat and a Wearables Rally Came With Reasons to Pause Several other institutional investors and hedge funds have also added to or reduced their stakes in AAPL. Lifetime Wealth Management P.C. bought a new position in Apple in the 4th quarter worth approximately $41,000. ROSS JOHNSON & Associates LLC boosted its position in Apple by 1,800.0% in the 1st quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker's stock valued at $42,000 after buying an additional 180 shares during the last quarter. LSV Asset Management acquired a new stake in shares of Apple in the 4th quarter valued at $65,000. Timmons Wealth Management LLC acquired a new stake in shares of Apple in the 4th quarter valued at $69,000. Finally, Inspire Investing LLC bought a new stake in shares of Apple during the fourth quarter worth $76,000. Institutional investors and hedge funds own 67.73% of the company's stock. ## Apple Trading Down 7.4% NASDAQ:AAPL opened at $308.91 on Friday. Apple Inc. has a 1-year low of $201.50 and a 1-year high of $344.57. The business's 50-day moving average price is $309.51 and its two-hundred day moving average price is $281.45. The company has a current ratio of 1.07, a quick ratio of 1.02 and a debt-to-equity ratio of 0.70. The firm has a market capitalization of $4.54 trillion, a price-to-earnings ratio of 35.43, a PEG ratio of 2.67 and a beta of 1.10. - Amazon’s Earnings Beat Shows Why AWS Is Back at the Center of the Bull Case Apple (NASDAQ:AAPL - Get Free Report) last posted its earnings results on Thursday, July 30th. The iPhone maker reported $2.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.89 by $0.13. The company had revenue of $109.42 billion during the quarter, compared to analyst estimates of $109.04 billion. Apple had a return on equity of 142.29% and a net margin of 27.62%.The company's revenue for the quarter was up 16.4% compared to the same quarter last year. During the same period in the previous year, the company earned $1.57 EPS. On average, equities analysts expect that Apple Inc. will post 8.8 earnings per share for the current year. ## Apple Announces Dividend The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 13th. Investors of record on Monday, August 10th will be paid a dividend of $0.27 per share. The ex-dividend date of this dividend is Monday, August 10th. This represents a $1.08 annualized dividend and a yield of 0.3%. Apple's dividend payout ratio (DPR) is presently 12.39%. ## Insider Transactions at Apple - Apple’s Record Quarter Could Not Outrun Its Guidance Problem In related news, insider Ben Borders sold 1,274 shares of the business's stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $290.00, for a total transaction of $369,460.00. Following the completion of the transaction, the insider owned 38,713 shares in the company, valued at approximately $11,226,770. The trade was a 3.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.06% of the company's stock. ## Apple News Summary Here are the key news stories impacting Apple this week: - Positive Sentiment: Apple reported record June-quarter revenue of $109.4 billion, up 16.4% year over year, and diluted EPS of $2.02, exceeding Wall Street expectations. iPhone revenue rose 22% to $54.3 billion, while Mac revenue increased 29% to $10.4 billion. Apple reports third quarter results - Positive Sentiment: Apple’s large installed base, strong hardware demand and potential consumer-AI opportunities remain long-term supports. Some analysts remain bullish: TD Cowen raised its price target to $400, while other firms maintained Buy or Overweight ratings despite trimming estimates. Analyst raises Apple price target - Positive Sentiment: The company declared a quarterly dividend of $0.27 per share, payable August 13 to shareholders of record August 10. Apple also continues to emphasize an AI strategy that requires less capital spending than the infrastructure-heavy approach used by some peers. Apple Q3 financial results ## Wall Street Analysts Forecast Growth AAPL has been the topic of several recent research reports. JPMorgan Chase & Co. decreased their price target on Apple from $345.00 to $340.00 and set an "overweight" rating on the stock in a report on Friday. Monness Crespi & Hardt boosted their price objective on Apple from $315.00 to $335.00 and gave the stock a "buy" rating in a report on Friday, May 1st. Weiss Ratings restated a "buy (b-)" rating on shares of Apple in a research report on Wednesday, July 15th. DA Davidson reaffirmed a "neutral" rating and issued a $270.00 target price on shares of Apple in a research note on Friday. Finally, Citigroup reiterated a "buy" rating and set a $365.00 price target (up from $315.00) on shares of Apple in a research report on Monday, July 13th. One analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $331.60. **Check Out Our Latest Stock Analysis on Apple** ## Apple Profile (Free Report) 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. ## Read More - Five stocks we like better than Apple - Popular’s Earnings Beat Shows Why This Bank Stock Keeps Climbing - ABB’s Rotork Deal Could Put These Flow Control Stocks Back in Focus - GE HealthCare Stock Climbs on Vital Diagnostics Demand - Lost in Space: Why Aerospace Valuations Are Plummeting Right Now **Want to see what other hedge funds are holding AAPL?** Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Apple Inc. (NASDAQ:AAPL - Free Report). _This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com._ ## Should You Invest $1,000 in Apple Right Now? 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