Texas Permanent School Fund Corp Reduces Holdings in Apple Inc. $AAPL

17 Dec 2025, 06:24 by Renee Jackson · The Cerbat Gem

Texas Permanent School Fund Corp lessened its stake in shares of Apple Inc. (NASDAQ:AAPL – Free Report) by 32.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,190,634 shares of the iPhone maker’s stock after selling 578,939 shares during the quarter. Apple comprises about 2.6% of Texas Permanent School Fund Corp’s investment portfolio, making the stock its 4th biggest holding. Texas Permanent School Fund Corp’s holdings in Apple were worth $244,282,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in AAPL. Ryan Investment Management Inc. acquired a new stake in shares of Apple in the second quarter valued at $31,000. ROSS JOHNSON & Associates LLC lifted its holdings 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 acquiring an additional 180 shares during the last quarter. Nexus Investment Management ULC boosted its position in shares of Apple by 333.3% during the 2nd quarter. Nexus Investment Management ULC now owns 260 shares of the iPhone maker’s stock valued at $53,000 after purchasing an additional 200 shares in the last quarter. LSV Asset Management acquired a new position in shares of Apple in the 4th quarter worth approximately $65,000. Finally, Elite Financial Inc. acquired a new position in shares of Apple in the 1st quarter worth approximately $58,000. Institutional investors own 67.73% of the company’s stock.

Apple Stock Performance

AAPL stock opened at $274.61 on Wednesday. The firm has a 50 day simple moving average of $268.95 and a 200 day simple moving average of $238.34. Apple Inc. has a 52 week low of $169.21 and a 52 week high of $288.62. The stock has a market cap of $4.06 trillion, a P/E ratio of 36.76, a P/E/G ratio of 2.56 and a beta of 1.10. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.86 and a current ratio of 0.89.

Apple (NASDAQ:AAPL – Get Free Report) last released its earnings results on Thursday, October 30th. The iPhone maker reported $1.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.74 by $0.11. Apple had a net margin of 26.92% and a return on equity of 164.05%. The company had revenue of $102.47 billion during the quarter, compared to the consensus estimate of $101.65 billion. During the same quarter in the prior year, the firm earned $1.64 EPS. The company’s revenue was up 8.7% compared to the same quarter last year. Research analysts anticipate that Apple Inc. will post 7.28 earnings per share for the current fiscal year.

Apple Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 13th. Investors of record on Monday, November 10th were given a dividend of $0.26 per share. The ex-dividend date of this dividend was Monday, November 10th. This represents a $1.04 dividend on an annualized basis and a yield of 0.4%. Apple’s dividend payout ratio (DPR) is presently 13.92%.

Wall Street Analysts Forecast Growth

Several analysts recently commented on AAPL shares. Wall Street Zen lowered shares of Apple from a “buy” rating to a “hold” rating in a research note on Sunday, November 9th. Phillip Securities downgraded Apple from a “hold” rating to a “moderate sell” rating and set a $200.00 price objective for the company. in a research report on Thursday, September 11th. DA Davidson raised their price objective on Apple from $250.00 to $270.00 and gave the stock a “neutral” rating in a research note on Friday, October 31st. Bank of America lifted their target price on Apple from $270.00 to $320.00 and gave the stock a “buy” rating in a report on Wednesday, October 29th. Finally, Sanford C. Bernstein set a $325.00 target price on Apple in a research report on Monday, November 3rd. Two research analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $282.82.

Read Our Latest Stock Report on AAPL

Insider Transactions at Apple

In related news, CFO Kevan Parekh sold 4,199 shares of the business’s stock in a transaction that occurred on Thursday, October 16th. The stock was sold at an average price of $247.39, for a total value of $1,038,790.61. Following the completion of the sale, the chief financial officer owned 8,765 shares of the company’s stock, valued at approximately $2,168,373.35. The trade was a 32.39% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Deirdre O’brien sold 43,013 shares of the stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of $257.39, for a total value of $11,071,116.07. Following the completion of the transaction, the senior vice president owned 136,687 shares in the company, valued at $35,181,866.93. This represents a 23.94% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 228,052 shares of company stock valued at $58,604,588. Corporate 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.