New York State Common Retirement Fund Sells 932,126 Shares of Apple Inc. $AAPL

New York State Common Retirement Fund cut its holdings in shares of Apple Inc. (NASDAQ:AAPL) by 5.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 17,816,949 shares of the iPhone maker’s stock after selling 932,126 shares during the quarter. Apple accounts for about 5.9% of New York State Common Retirement Fund’s portfolio, making the stock its 3rd largest holding. New York State Common Retirement Fund owned about 0.12% of Apple worth $4,536,730,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. TD Waterhouse Canada Inc. increased its stake in shares of Apple by 2.0% in the third quarter. TD Waterhouse Canada Inc. now owns 1,498,872 shares of the iPhone maker’s stock worth $383,071,000 after acquiring an additional 29,988 shares during the period. Crumly & Associates Inc. boosted its holdings in Apple by 0.9% in the third quarter. Crumly & Associates Inc. now owns 19,186 shares of the iPhone maker’s stock valued at $4,885,000 after purchasing an additional 164 shares during the last quarter. Coastal Bridge Advisors LLC grew its position in Apple by 3.9% during the 3rd quarter. Coastal Bridge Advisors LLC now owns 219,978 shares of the iPhone maker’s stock worth $56,013,000 after purchasing an additional 8,258 shares during the period. AustralianSuper Pty Ltd raised its stake in shares of Apple by 12.9% during the 3rd quarter. AustralianSuper Pty Ltd now owns 5,516,235 shares of the iPhone maker’s stock valued at $1,404,599,000 after buying an additional 630,420 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Apple by 5.4% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 6,530,591 shares of the iPhone maker’s stock valued at $1,662,884,000 after buying an additional 336,141 shares during the period. 67.73% of the stock is owned by hedge funds and other institutional investors.

Apple News Roundup

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Tim Cook teased a series of product launches next week (new iPhone, iPad, MacBook announcements), which typically lifts demand expectations and short‑term investor sentiment. Tim Cook Teases Apple Launch On Monday
• Positive Sentiment: Apple and Netflix agreed to co‑broadcast the Canadian Formula 1 Grand Prix on Apple TV and Netflix, a partnership that can boost Apple TV viewership and services engagement. Apple and Netflix team up to air Formula 1 Canadian Grand Prix
• Positive Sentiment: Bloomberg/Reuters report Apple is in talks to launch Apple Pay in India — a multi‑hundred‑million‑user market that could materially grow services revenues over time. Apple talks with banks to start payment service in India
• Positive Sentiment: Apple moved to dismiss a proposed class action alleging it misled investors on Siri’s AI progress — if successful, this reduces a legal overhang. Apple seeks dismissal of fraud lawsuit over Siri AI
• Positive Sentiment: J.P. Morgan highlighted Apple’s potential to benefit from AI “companions” and Apple Intelligence initiatives, reinforcing the view that Apple can monetize AI through devices and services. AI Companions Could Make Apple Stock an AI Winner
• Neutral Sentiment: Short‑interest data in recent filings appears anomalous/zero (likely reporting error), so it provides no clear directional signal.
• Neutral Sentiment: Heightened retail/institutional search and ETF coverage mention Apple as a core holding (Zacks, Vanguard ETF pieces), reflecting continued investor attention but not immediate directional impact. Investors Heavily Search Apple Inc. (AAPL)
• Neutral Sentiment: Advisors and funds continue to rebalance allocations (mentions of trades to balance Nvidia/Apple exposure), indicating portfolio flows but not a clear buy/sell signal. Advisor added to bond position to balance Nvidia and Apple holdings
• Negative Sentiment: OpenAI hired a high‑profile researcher who previously led Apple’s models team, underscoring talent competition in AI that could challenge Apple’s pace of AI product development. OpenAI hires Meta AI researcher who previously led Apple’s models team
• Negative Sentiment: Macro/market pressure: coverage on Magnificent Seven profit-taking and elevated Nasdaq stress gauges suggests sectorwide selling/volatility, which depresses large-cap tech stocks including AAPL. Stocks Are Set for a February Slide. Can the Magnificent 7 Spark a March Rebound?

Apple Stock Performance

AAPL opened at $264.18 on Friday. The firm’s fifty day simple moving average is $264.66 and its two-hundred day simple moving average is $259.20. Apple Inc. has a 52-week low of $169.21 and a 52-week high of $288.62. The company has a market cap of $3.88 trillion, a price-to-earnings ratio of 33.40, a PEG ratio of 2.43 and a beta of 1.09. The company has a quick ratio of 0.94, a current ratio of 0.97 and a debt-to-equity ratio of 0.87.

Apple (NASDAQ:AAPL) last released its earnings results on Thursday, January 29th. The iPhone maker reported $2.84 EPS for the quarter, topping analysts’ consensus estimates of $2.67 by $0.17. The business had revenue of $143.76 billion during the quarter, compared to analysts’ expectations of $138.25 billion. Apple had a net margin of 27.04% and a return on equity of 159.94%. The company’s quarterly revenue was up 15.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.40 earnings per share. Equities analysts anticipate that Apple Inc. will post 7.28 earnings per share for the current fiscal year.

Apple Dividend Announcement

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 dividend of $0.26 per share. The ex-dividend date of this dividend was Monday, February 9th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.4%. Apple’s dividend payout ratio is presently 13.15%.

Analyst Upgrades and Downgrades

Several analysts recently commented on AAPL shares. JPMorgan Chase & Co. raised their target price on Apple from $315.00 to $325.00 and gave the stock an “overweight” rating in a report on Friday, January 30th. Maxim Group raised shares of Apple from a “hold” rating to a “buy” rating and set a $300.00 price objective on the stock in a research note on Friday, January 30th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Apple in a report on Monday, December 29th. Oppenheimer reissued a “market perform” rating on shares of Apple in a report on Friday, January 30th. Finally, Loop Capital restated a “buy” rating and set a $325.00 price target (up from $315.00) on shares of Apple in a research report on Tuesday, December 2nd. One analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $293.41.

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.