Apple (NASDAQ:AAPL) Rating Increased to Sector Weight at KeyCorp

Apple (NASDAQ:AAPL) was upgraded by analysts at KeyCorp from an “underweight” rating to a “sector weight” rating in a research report issued to clients and investors on Monday, Marketbeat reports. KeyCorp also issued estimates for Apple’s Q2 2025 earnings at $1.60 EPS, Q3 2025 earnings at $1.45 EPS, Q4 2025 earnings at $1.80 EPS, FY2025 earnings at $7.25 EPS and FY2026 earnings at $7.96 EPS.

Several other equities analysts also recently weighed in on AAPL. The Goldman Sachs Group reissued a “buy” rating on shares of Apple in a research note on Wednesday, February 19th. JPMorgan Chase & Co. raised their target price on shares of Apple from $260.00 to $270.00 and gave the stock an “overweight” rating in a research note on Friday, January 31st. Rosenblatt Securities restated a “buy” rating and issued a $263.00 price target on shares of Apple in a research report on Thursday, April 3rd. Moffett Nathanson reissued a “sell” rating and set a $188.00 price objective (down previously from $202.00) on shares of Apple in a research note on Tuesday, January 7th. Finally, Jefferies Financial Group raised Apple from an “underperform” rating to a “hold” rating and cut their target price for the stock from $202.33 to $167.88 in a research note on Wednesday, April 9th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating, twenty-two have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $235.85.

Apple Stock Performance

NASDAQ:AAPL opened at $202.14 on Monday. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.88 and a current ratio of 0.92. The stock has a market capitalization of $3.04 trillion, a PE ratio of 32.09, a P/E/G ratio of 2.44 and a beta of 1.26. Apple has a fifty-two week low of $164.08 and a fifty-two week high of $260.10. The company has a fifty day moving average of $221.65 and a two-hundred day moving average of $230.79.

Apple (NASDAQ:AAPL) last released its quarterly earnings results on Thursday, January 30th. The iPhone maker reported $2.40 earnings per share for the quarter, topping the consensus estimate of $2.36 by $0.04. Apple had a net margin of 24.30% and a return on equity of 160.83%. As a group, research analysts forecast that Apple will post 7.28 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Apple news, CEO Timothy D. Cook sold 108,136 shares of the business’s stock in a transaction that occurred on Wednesday, April 2nd. The stock was sold at an average price of $223.65, for a total value of $24,184,616.40. Following the completion of the sale, the chief executive officer now owns 3,280,295 shares in the company, valued at approximately $733,637,976.75. The trade was a 3.19 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Katherine L. Adams sold 38,822 shares of the firm’s stock in a transaction that occurred on Wednesday, April 2nd. The stock was sold at an average price of $223.67, for a total transaction of $8,683,316.74. Following the transaction, the senior vice president now owns 179,158 shares in the company, valued at approximately $40,072,269.86. This trade represents a 17.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 182,451 shares of company stock worth $40,818,720 over the last 90 days. 0.06% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of AAPL. Amara Financial LLC. purchased a new stake in shares of Apple during the third quarter worth approximately $288,000. Sterling Investment Counsel LLC raised its position in Apple by 3.8% during the 3rd quarter. Sterling Investment Counsel LLC now owns 69,824 shares of the iPhone maker’s stock worth $16,269,000 after buying an additional 2,565 shares during the last quarter. Silicon Valley Capital Partners lifted its stake in shares of Apple by 12.8% in the 3rd quarter. Silicon Valley Capital Partners now owns 253,743 shares of the iPhone maker’s stock worth $59,122,000 after acquiring an additional 28,799 shares during the period. Catalyst Financial Partners LLC boosted its holdings in shares of Apple by 4.2% in the third quarter. Catalyst Financial Partners LLC now owns 96,589 shares of the iPhone maker’s stock valued at $22,505,000 after acquiring an additional 3,935 shares in the last quarter. Finally, Narwhal Capital Management increased its stake in shares of Apple by 2.5% during the third quarter. Narwhal Capital Management now owns 276,791 shares of the iPhone maker’s stock worth $64,492,000 after acquiring an additional 6,711 shares during the period. 67.73% of the stock is currently owned by institutional investors and hedge funds.

About Apple

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.