Torray Investment Partners LLC Decreases Stake in Apple Inc. $AAPL

Posted by Francis Steltz on May 22nd, 2026

Torray Investment Partners LLC lowered its holdings in Apple Inc. (NASDAQ:AAPL – Free Report) by 6.3% in the 4th quarter, Holdings Channel reports. The firm owned 50,061 shares of the iPhone maker’s stock after selling 3,350 shares during the period. Apple accounts for 1.9% of Torray Investment Partners LLC’s portfolio, making the stock its 23rd biggest holding. Torray Investment Partners LLC’s holdings in Apple were worth $13,610,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Reyes Financial Architecture Inc. grew its holdings in shares of Apple by 0.4% in the third quarter. Reyes Financial Architecture Inc. now owns 9,898 shares of the iPhone maker’s stock worth $2,520,000 after acquiring an additional 37 shares during the period. WESPAC Advisors LLC grew its holdings in shares of Apple by 0.3% in the fourth quarter. WESPAC Advisors LLC now owns 12,326 shares of the iPhone maker’s stock worth $3,351,000 after acquiring an additional 39 shares during the period. American Alpha Advisors LLC grew its holdings in shares of Apple by 3.7% in the third quarter. American Alpha Advisors LLC now owns 1,151 shares of the iPhone maker’s stock worth $293,000 after acquiring an additional 41 shares during the period. Seven Springs Wealth Group LLC grew its holdings in shares of Apple by 0.3% in the third quarter. Seven Springs Wealth Group LLC now owns 15,451 shares of the iPhone maker’s stock worth $3,934,000 after acquiring an additional 42 shares during the period. Finally, Avant Capital LLC grew its holdings in shares of Apple by 0.9% in the third quarter. Avant Capital LLC now owns 4,814 shares of the iPhone maker’s stock worth $1,226,000 after acquiring an additional 43 shares during the period. Hedge funds and other institutional investors own 67.73% of the company’s stock.

Key Headlines Impacting Apple

Here are the key news stories impacting Apple this week:

Positive Sentiment: Several articles highlighted Apple as a long-term winner, citing its strong ecosystem, share buybacks, customer loyalty, and improving AI strategy. Evercore ISI also reiterated an Outperform rating and lifted its price target to $365, while Wedbush stayed upbeat on Apple’s AI opportunity and services growth. Article Title
Positive Sentiment: Apple was also said to be bucking a weak smartphone market, with iPhone 17 demand helping it stand out versus peers as broader handset demand softens. That suggests continued relative share gains in premium devices. Article Title
Positive Sentiment: Apple said its App Store fraud-prevention systems, using AI and human review, blocked $2.2 billion in suspicious transactions last year. That reinforces the strength of Apple’s services platform and the value of its ecosystem controls. Article Title
Neutral Sentiment: Some commentary framed Apple as one of the market’s “monster stocks” and a core Buffett-style holding, reinforcing its defensive appeal for long-term investors rather than pointing to a near-term catalyst. Article Title
Neutral Sentiment: Apple also remained in the spotlight in broader AI and smart-glasses discussions, with analysts saying its future visionOS platform could matter in AR/VR over time. This is strategically important, but not an immediate earnings driver. Article Title
Negative Sentiment: KeyBanc turned cautious on Apple, warning that the stock’s valuation looks stretched and could be due for profit-taking. That is the clearest near-term headwind in the news flow and may be weighing on the shares. Article Title
Negative Sentiment: Apple is also asking the U.S. Supreme Court to review a contempt order tied to its Epic Games App Store dispute, keeping regulatory and margin pressure concerns alive around App Store rules and fees. Article Title

Insider Buying and Selling

In other news, insider Ben Borders sold 1,274 shares of the business’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $290.00, for a total value of $369,460.00. Following the transaction, the insider directly owned 38,713 shares in the company, valued at $11,226,770. The trade was a 3.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Timothy D. Cook sold 64,949 shares of the business’s stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $254.23, for a total value of $16,511,984.27. Following the completion of the transaction, the chief executive officer owned 3,280,418 shares in the company, valued at $833,980,668.14. The trade was a 1.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 97,759 shares of company stock worth $24,964,305. Company insiders own 0.06% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently commented on AAPL shares. Scotiabank set a $330.00 price objective on Apple in a report on Monday, February 2nd. KGI Securities raised Apple to an “outperform” rating and set a $306.00 price objective for the company in a report on Friday, January 30th. JPMorgan Chase & Co. lifted their price objective on Apple from $315.00 to $325.00 and gave the stock an “overweight” rating in a report on Friday, January 30th. Moffett Nathanson lifted their price objective on Apple from $241.00 to $270.00 and gave the stock a “neutral” rating in a report on Wednesday, February 25th. Finally, UBS Group set a $296.00 price objective on Apple and gave the stock a “neutral” rating in a report on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $308.74.

Read Our Latest Stock Analysis on Apple

Apple Stock Performance

NASDAQ:AAPL opened at $304.99 on Friday. The stock has a 50-day simple moving average of $268.68 and a two-hundred day simple moving average of $268.34. Apple Inc. has a 52-week low of $193.46 and a 52-week high of $305.54. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.02 and a current ratio of 1.07. The firm has a market capitalization of $4.48 trillion, a PE ratio of 36.88, a P/E/G ratio of 2.63 and a beta of 1.06.

Apple (NASDAQ:AAPL – Get Free Report) last released its quarterly earnings results on Thursday, April 30th. The iPhone maker reported $2.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.95 by $0.06. Apple had a return on equity of 146.69% and a net margin of 27.15%.The business had revenue of $111.18 billion during the quarter, compared to analyst estimates of $109.46 billion. During the same quarter in the previous year, the company posted $1.65 earnings per share. Apple’s revenue for the quarter was up 16.6% on a year-over-year basis. Analysts forecast that Apple Inc. will post 8.74 EPS for the current year.

Apple Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, May 14th. Shareholders of record on Monday, May 11th were issued a dividend of $0.27 per share. This is a boost from Apple’s previous quarterly dividend of $0.26. This represents a $1.08 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend was Monday, May 11th. Apple’s dividend payout ratio is presently 13.06%.

Apple Profile

(Free Report)

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.