Apple (NASDAQ:AAPL) Trading 2.2% Higher – Time to Buy?

Apple Inc. (NASDAQ:AAPL) was up 2.2% on Tuesday . The stock traded as high as $274.89 and last traded at $272.14. Approximately 46,641,387 shares were traded during trading, a decline of 11% from the average daily volume of 52,490,660 shares. The stock had previously closed at $266.18.

Apple News Roundup

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple said it will shift some Mac Mini production to a Foxconn facility in Houston and expand U.S. AI-server/manufacturing capacity — a tangible step in its $600B domestic manufacturing push that reduces geopolitical supply risk, supports higher-margin onshore assembly, and creates jobs that can bolster investor sentiment. Apple to move some Mac Mini production to U.S. this year as part of effort to boost domestic manufacturing
• Positive Sentiment: Apple’s Services business continues to record strength (streaming, games, podcasts), supporting recurring revenue and margin expansion that helps justify premium multiples independent of device cycles. Apple’s Services Growth Ride on Strong Content & Games: What’s Ahead?
• Positive Sentiment: Technical/flow drivers: analysts and trading desks flagged a bullish trading signal and power-inflow patterns that have supported near-term buying interest. These signals often attract momentum traders ahead of earnings. Apple Shares Rose ~2% Yesterday After Key Trading Signal
• Positive Sentiment: Upcoming product catalyst: Apple’s March 4 “special experience” is expected to include several product reveals (iPhone 17E, new MacBooks), which could provide fresh demand drivers if launches impress. Apple Could Launch at Least Five New Products, Including iPhone 17E, Next Week
• Neutral Sentiment: Apple shareholders voted down a proposal requiring extra reporting on China entanglements — removes an added layer of investor scrutiny but doesn’t change supply-chain reality; the company continues to pursue reshoring selectively. Apple shareholders reject shareholder proposal asking report on China entanglements
• Negative Sentiment: AI/assistant execution risk: coverage highlights Apple’s slower rollout of compelling AI features for Siri versus rivals, a factor weighing on sentiment as investors rotate toward AI leaders; persistent delays could pressure multiples if revenue/cost benefits don’t materialize. This “Siri-ous” Problem Could Be the Biggest Threat to Apple Stock

Analysts Set New Price Targets

Several analysts have recently weighed in on AAPL shares. Scotiabank set a $330.00 target price on shares of Apple in a report on Monday, February 2nd. Oppenheimer restated a “market perform” rating on shares of Apple in a research report on Friday, January 30th. TD Cowen reiterated a “buy” rating and set a $325.00 target price on shares of Apple in a research report on Friday, January 30th. Wall Street Zen downgraded Apple from a “buy” rating to a “hold” rating in a research note on Sunday, November 9th. Finally, Jefferies Financial Group set a $276.47 price target on Apple and gave the company a “hold” rating in a research note on Monday, January 26th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $292.13.

Apple Trading Up 2.2%

The company has a market cap of $4.00 trillion, a price-to-earnings ratio of 34.40, a PEG ratio of 2.36 and a beta of 1.09. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.97 and a quick ratio of 0.94. The business’s 50-day simple moving average is $264.84 and its 200-day simple moving average is $258.44.

Apple (NASDAQ:AAPL) last issued its quarterly earnings data on Thursday, January 29th. The iPhone maker reported $2.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.67 by $0.17. The firm had revenue of $143.76 billion during the quarter, compared to the consensus estimate of $138.25 billion. Apple had a return on equity of 159.94% and a net margin of 27.04%.The company’s quarterly revenue was up 15.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.40 EPS. Research analysts predict that Apple Inc. will post 7.28 earnings per share for the current fiscal year.

Apple Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, February 12th. Shareholders of record on Monday, February 9th were issued a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date was Monday, February 9th. Apple’s dividend payout ratio is 13.15%.

Hedge Funds Weigh In On Apple

Institutional investors have recently modified their holdings of the company. Financial Futures Ltd Liability Co. lifted its holdings in shares of Apple by 13.2% during the 2nd quarter. Financial Futures Ltd Liability Co. now owns 3,552 shares of the iPhone maker’s stock valued at $729,000 after buying an additional 415 shares during the last quarter. Monarch Capital Management Inc. increased its holdings in Apple by 4.6% in the second quarter. Monarch Capital Management Inc. now owns 66,967 shares of the iPhone maker’s stock worth $13,740,000 after buying an additional 2,920 shares during the last quarter. Riverwater Partners LLC raised its position in Apple by 17.9% during the second quarter. Riverwater Partners LLC now owns 5,404 shares of the iPhone maker’s stock valued at $1,109,000 after acquiring an additional 819 shares in the last quarter. Highland Capital Management LLC lifted its stake in Apple by 2.2% in the third quarter. Highland Capital Management LLC now owns 397,834 shares of the iPhone maker’s stock valued at $101,301,000 after acquiring an additional 8,446 shares during the last quarter. Finally, Citizens Financial Group Inc. RI grew its position in Apple by 48.4% in the third quarter. Citizens Financial Group Inc. RI now owns 1,426,605 shares of the iPhone maker’s stock worth $363,256,000 after acquiring an additional 465,393 shares in the last quarter. Institutional investors and hedge funds own 67.73% of the company’s stock.

About Apple

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.