Apple Inc. $AAPL is USS Investment Management Ltd’s 7th Largest Position

Posted by Francis Steltz on Jul 12th, 2026

USS Investment Management Ltd lifted its stake in shares of Apple Inc. (NASDAQ:AAPL – Free Report) by 2.7% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 2,383,084 shares of the iPhone maker’s stock after acquiring an additional 61,649 shares during the period. Apple makes up 2.6% of USS Investment Management Ltd’s holdings, making the stock its 7th biggest holding. USS Investment Management Ltd’s holdings in Apple were worth $604,648,000 as of its most recent filing with the SEC.

Several other large investors also recently bought and sold shares of the company. Lifetime Wealth Management P.C. acquired a new position in Apple in the 4th quarter worth $41,000. ROSS JOHNSON & Associates LLC grew its stake in shares of Apple by 1,800.0% during the first 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 in the last quarter. LSV Asset Management purchased a new stake in shares of Apple during the fourth quarter worth about $65,000. Timmons Wealth Management LLC purchased a new stake in shares of Apple during the fourth quarter worth about $69,000. Finally, Inspire Investing LLC acquired a new position in shares of Apple in the fourth quarter worth about $76,000. Institutional investors and hedge funds own 67.73% of the company’s stock.

Apple Stock Performance

AAPL stock traded down $0.90 during trading on Friday, hitting $315.32. 34,104,441 shares of the company’s stock traded hands, compared to its average volume of 60,736,044. The stock has a market capitalization of $4.63 trillion, a price-to-earnings ratio of 38.13, a price-to-earnings-growth ratio of 2.74 and a beta of 1.10. Apple Inc. has a 52 week low of $201.50 and a 52 week high of $317.40. The stock has a fifty day moving average price of $299.55 and a two-hundred day moving average price of $275.26. The company has a quick ratio of 1.02, a current ratio of 1.07 and a debt-to-equity ratio of 0.70.

Apple (NASDAQ:AAPL – Get Free Report) last issued its earnings results on Thursday, April 30th. The iPhone maker reported $2.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.95 by $0.06. Apple had a net margin of 27.15% and a return on equity of 146.69%. The firm had revenue of $111.18 billion for the quarter, compared to analysts’ expectations of $109.46 billion. During the same quarter last year, the company posted $1.65 earnings per share. Apple’s revenue was up 16.6% on a year-over-year basis. As a group, equities analysts anticipate that Apple Inc. will post 8.74 EPS for the current fiscal year.

Apple Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 14th. Investors of record on Monday, May 11th were given a $0.27 dividend. The ex-dividend date was Monday, May 11th. This represents a $1.08 annualized dividend and a yield of 0.3%. This is an increase from Apple’s previous quarterly dividend of $0.26. Apple’s payout ratio is 13.06%.

Wall Street Analyst Weigh In

Several research firms have issued reports on AAPL. DA Davidson restated a “neutral” rating and set a $270.00 price objective on shares of Apple in a report on Friday, May 1st. Needham & Company LLC reiterated a “hold” rating on shares of Apple in a research note on Tuesday, June 9th. Tigress Financial reissued a “strong-buy” rating and set a $375.00 price objective (up from $305.00) on shares of Apple in a report on Thursday, May 14th. Bank of America reissued a “buy” rating and issued a $380.00 target price on shares of Apple in a research report on Thursday, June 18th. Finally, UBS Group reaffirmed a “buy” rating on shares of Apple in a research report on Tuesday, June 9th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Apple currently has a consensus rating of “Moderate Buy” and an average target price of $314.85.

Read Our Latest Stock Report on Apple

Insider Activity at Apple

In other Apple news, insider Ben Borders sold 116 shares of Apple stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $295.14, for a total transaction of $34,236.24. Following the sale, the insider owned 38,713 shares of the company’s stock, valued at $11,425,754.82. The trade was a 0.30% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Kevan Parekh sold 1,534 shares of the business’s stock in a transaction on Thursday, April 23rd. The stock was sold at an average price of $275.00, for a total value of $421,850.00. Following the transaction, the chief financial officer owned 13,366 shares of the company’s stock, valued at $3,675,650. This trade represents a 10.30% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 2,924 shares of company stock worth $825,546. 0.06% of the stock is owned by insiders.

Apple News Roundup

Here are the key news stories impacting Apple this week:

Positive Sentiment: Apple’s new lawsuit against OpenAI could help protect its hardware roadmap and reinforce its control over proprietary technology, which may support its long-term competitive position. Reuters: Apple sues OpenAI, two former employees for trade secrets theft
Positive Sentiment: Recent headlines around Apple’s expanded multi-year chip deal with Broadcom continue to boost sentiment, since the agreement strengthens Apple’s supply chain, supports U.S. manufacturing, and deepens its custom silicon strategy. Yahoo Finance: Apple Secures Largest Ever US Chip Deal With Broadcom For $30 Billion
Neutral Sentiment: Apple was also named among approved U.S. companies eligible for license-free exports under eased UAE trade rules, which is supportive for international operations but not clearly a near-term stock catalyst. Quiver Quant: U.S. eases export controls on UAE
Neutral Sentiment: Short-interest data showed no meaningful change, suggesting today’s move is being driven more by news flow than by a shift in bearish positioning.
Negative Sentiment: The OpenAI lawsuit also highlights that Apple’s relationship with a major AI player has soured, adding uncertainty around future AI partnerships and potentially distracting management with litigation. Financial Times: Apple sues OpenAI, alleging it stole top-secret information

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.