KeyCorp Issues Positive Estimate for Apple Earnings

Apple Inc. (NASDAQ:AAPL) – Equities researchers at KeyCorp increased their Q2 2025 EPS estimates for Apple in a report issued on Sunday, April 13th. KeyCorp analyst B. Nispel now forecasts that the iPhone maker will earn $1.60 per share for the quarter, up from their prior estimate of $1.57. KeyCorp has a “Sector Weight” rating on the stock. The consensus estimate for Apple’s current full-year earnings is $7.28 per share. KeyCorp also issued estimates for Apple’s 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.

Apple (NASDAQ:AAPL) last posted its quarterly earnings data on Thursday, January 30th. The iPhone maker reported $2.40 EPS for the quarter, topping analysts’ consensus estimates of $2.36 by $0.04. Apple had a net margin of 24.30% and a return on equity of 160.83%.

A number of other brokerages have also commented on AAPL. Loop Capital lowered Apple from a “buy” rating to a “hold” rating and set a $230.00 price objective for the company. in a research report on Tuesday, January 21st. Jefferies Financial Group upgraded shares of Apple from an “underperform” rating to a “hold” rating and decreased their price target for the stock from $202.33 to $167.88 in a report on Wednesday, April 9th. Redburn Partners set a $230.00 price objective on shares of Apple in a research note on Friday, January 31st. Morgan Stanley decreased their target price on shares of Apple from $252.00 to $220.00 and set an “overweight” rating for the company in a research note on Tuesday, April 8th. Finally, Moffett Nathanson restated a “sell” rating and set a $188.00 price target (down from $202.00) on shares of Apple in a report on Tuesday, January 7th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating, twenty-two have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $235.85.

Apple Stock Performance

Shares of Apple stock opened at $194.27 on Tuesday. Apple has a 12 month low of $164.08 and a 12 month high of $260.10. The company has a quick ratio of 0.88, a current ratio of 0.92 and a debt-to-equity ratio of 1.26. The stock has a market cap of $2.92 trillion, a PE ratio of 30.84, a price-to-earnings-growth ratio of 2.44 and a beta of 1.26. The business has a fifty day simple moving average of $220.98 and a 200-day simple moving average of $230.53.

Apple Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 13th. Stockholders of record on Monday, February 10th were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 0.51%. The ex-dividend date was Monday, February 10th. Apple’s payout ratio is presently 15.87%.

Insider Buying and Selling

In other Apple news, SVP Katherine L. Adams sold 38,822 shares of the firm’s stock in a transaction dated Wednesday, April 2nd. The shares were sold at an average price of $223.67, for a total transaction of $8,683,316.74. Following the completion of the transaction, the senior vice president now owns 179,158 shares in the company, valued at $40,072,269.86. This trade represents a 17.81 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Timothy D. Cook sold 108,136 shares of the company’s stock in a transaction that occurred on Wednesday, April 2nd. The shares were 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. This represents a 3.19 % 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 valued at $40,818,720 over the last ninety days. 0.06% of the stock is owned by company insiders.

Institutional Investors Weigh In On Apple

Several institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. raised its stake in shares of Apple by 3.7% in the fourth quarter. Vanguard Group Inc. now owns 1,395,785,512 shares of the iPhone maker’s stock valued at $349,532,608,000 after acquiring an additional 49,168,843 shares during the last quarter. State Street Corp increased its holdings in Apple by 10.6% during the 3rd quarter. State Street Corp now owns 584,010,284 shares of the iPhone maker’s stock valued at $136,074,372,000 after purchasing an additional 55,935,105 shares in the last quarter. FMR LLC raised its position in Apple by 5.3% in the 3rd quarter. FMR LLC now owns 363,859,362 shares of the iPhone maker’s stock valued at $84,779,231,000 after purchasing an additional 18,224,005 shares during the last quarter. Geode Capital Management LLC boosted its stake in Apple by 1.9% in the fourth quarter. Geode Capital Management LLC now owns 340,164,913 shares of the iPhone maker’s stock worth $84,999,145,000 after purchasing an additional 6,307,413 shares in the last quarter. Finally, Norges Bank acquired a new stake in shares of Apple in the fourth quarter valued at $46,868,648,000. Institutional investors and hedge funds own 67.73% of the company’s stock.

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.