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Institutional investors are actively rebalancing their portfolios in Apple Inc. (AAPL) following a robust quarterly earnings report that surpassed market expectations. Sonata Capital Group Inc. notably increased its stake in the tech giant by 18.7%, bringing its total position value to $14.6 million. Conversely, Peoples Financial Services CORP. trimmed its holdings by 4.4%, though it maintains a significant position worth $11.97 million. These adjustments follow Apple's impressive financial performance, reporting earnings per share of $2.01 on revenue of $111.18 billion. The company also boosted investor sentiment by increasing its dividend to $0.27 per share and signaling further growth in AI integration. Analysts maintain a 'Moderate Buy' consensus on the stock, bolstered by potential chip-making collaborations with Intel.
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