Apple delivered a landmark 2025, overcoming early investor concerns about its role in the AI revolution to report full-year revenue growth of 8.7% and quarterly revenue of $102.47 billion, beating consensus by $0.82 billion. EPS of $1.85 topped estimates by $0.11, driving a net margin of 26.92% and a return on equity of 164.05%. The company closed the year with a market capitalization of $4.04 trillion, a P/E ratio of 36.6 and a price/earnings-growth ratio of 2.56. On the capital returns front, Apple paid a quarterly dividend of $0.26 per share (annualized yield 0.4%, payout ratio 13.9%). Analysts project full-year EPS of 7.28 for the current fiscal year, underscoring confidence in Apple’s ability to sustain growth through product upgrades and services expansion.

In the third quarter, Sarasin & Partners LLP increased its Apple position by 3.8%, acquiring 53,657 shares to reach a total holding of 1,450,538 shares—3.6% of the fund’s assets—worth $369.06 million. Other notable shifts saw First National Bank of Hutchinson add 6,982 shares (+24.6%), Eagle Capital Management add 272 shares (+0.5%), Brighton Jones LLC buy 69,207 shares (+14.8%), Revolve Wealth Partners add 2,695 shares (+4.2%) and Highview Capital Management add 1,155 shares (+2.4%). Hedge funds and institutional investors now collectively own 67.73% of Apple’s outstanding stock, reflecting broad confidence among major holders.

During the fourth quarter, insider Chris Kondo sold 3,752 shares for proceeds of approximately $1.02 million—a 19.9% reduction in his holdings—while SVP Katherine L. Adams sold 47,125 shares for $12.10 million, cutting her position by 20.8%. Over the past 90 days, insiders have sold a total of 228,052 shares for $58.60 million. Following these transactions, insiders retain just 0.06% ownership, a level that underscores the company’s open market liquidity but also invites scrutiny of insider timing amidst a share price range between a 52-week low of $169.21 and a high of $288.62.