Fintel reports that on May 2, 2023, Baird maintained coverage of Apple (NASDAQ:AAPL) with an Outperform recommendation. The average one-year price target for Apple is 173.91, representing a 2.55% upside from the latest closing price of 169.59. Analysts forecast an annual revenue of 413,641MM with a non-GAAP EPS of 6.36.

Apple has 6410 funds or institutions reporting positions, indicating a 3.04% increase in the last quarter. The average portfolio weight of all funds dedicated to AAPL is 2.93%. Institutions own a total of 10,112,381K shares, with a put/call ratio of 1.00, suggesting a bearish outlook.

Berkshire Hathaway holds 895,136K shares of Apple, representing 5.66% ownership, with a 0.04% increase from the previous filing. Other major shareholders like Vanguard Total Stock Market Index Fund and Geode Capital Management also increased their holdings in AAPL.

Apple Inc. is a leading technology company known for its hardware products like the iPhone and Mac, along with online services such as iTunes and iCloud. Founded in 1976, Apple has grown to become one of the Big Five companies in the U.S. information technology industry. Check out all Apple regulatory filings on Fintel’s website.

Read more at Nasdaq: Baird Maintains Apple (AAPL) Outperform Recommendation