Reliant Wealth Planning Buys New Position in Apple Inc. $AAPL

Reliant Wealth Planning purchased a new position in Apple Inc. (NASDAQ:AAPL) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 5,393 shares of the iPhone maker’s stock, valued at approximately $1,373,000. Apple accounts for about 0.4% of Reliant Wealth Planning’s portfolio, making the stock its 20th biggest position.

Other hedge funds have also added to or reduced their stakes in the company. Reyes Financial Architecture Inc. boosted its stake in shares of Apple by 0.4% during the 3rd quarter. Reyes Financial Architecture Inc. now owns 9,898 shares of the iPhone maker’s stock valued at $2,520,000 after purchasing an additional 37 shares in the last quarter. American Alpha Advisors LLC raised its stake in 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 buying an additional 41 shares in the last quarter. Capstone Wealth Management LLC lifted its holdings in Apple by 0.5% in the third quarter. Capstone Wealth Management LLC now owns 8,537 shares of the iPhone maker’s stock worth $2,174,000 after buying an additional 42 shares during the period. Seven Springs Wealth Group LLC boosted its position in Apple by 0.3% during the 3rd quarter. Seven Springs Wealth Group LLC now owns 15,451 shares of the iPhone maker’s stock valued at $3,934,000 after acquiring an additional 42 shares in the last quarter. Finally, Avant Capital LLC boosted its position in Apple by 0.9% during the 3rd quarter. Avant Capital LLC now owns 4,814 shares of the iPhone maker’s stock valued at $1,226,000 after acquiring an additional 43 shares in the last quarter. 67.73% of the stock is owned by hedge funds and other institutional investors.

Key Apple News

Here are the key news stories impacting Apple this week:

• Positive Sentiment: CEO Tim Cook publicly dismissed retirement rumors and reinforced his commitment to Apple’s roadmap and upcoming AI milestones, reducing leadership uncertainty that had weighed on sentiment. Tim Cook squashes retirement rumors, says he ‘can’t imagine life without Apple’
• Positive Sentiment: Product refreshes: Apple unveiled AirPods Max 2 with upgraded features (H2 chip, improved ANC, live translation), and expanded its MacBook lineup with M5 chips — news that supports hardware revenue and drew an Evercore reaffirmation of Outperform. Apple unveils second-generation AirPods Max at $549, more than five years after debut
• Positive Sentiment: Strategic M&A: Apple acquired MotionVFX, a Final Cut Pro plugin maker, strengthening its creator tools and services ecosystem — a move that can help services/subscriptions monetization for pro users. Apple acquires video editing software company MotionVFX
• Positive Sentiment: Brand extensions: Beats launched Nike‑branded earbuds in a first hardware collaboration, showing continued diversification of accessory demand and co‑branding opportunities. Apple’s Beats Launches Nike‑Branded Earbuds in Its First‑Ever Hardware Collaboration
• Neutral Sentiment: Macro/market flows: A broader shift of investor interest toward value ETFs (amid geopolitical uncertainty) is altering sector flows; not Apple‑specific but can affect relative demand for large growth names. 2 ETFs Have Similar Names. Their Performances Couldn’t Be More Different.
• Neutral Sentiment: Supply‑chain & supplier notes: Nvidia/Samsung foundry news and Foxconn’s mixed results keep focus on Apple’s manufacturing partners — potential upside if foundry capacity and iPhone assembly remain robust, but margins/supply risks persist. Samsung shares rise after Nvidia’s Huang flags tie-up on new AI chips
• Neutral Sentiment: Short‑interest notices in March appear inconsistent/immaterial in the data reported and are unlikely to be a driver today.
• Negative Sentiment: Reputational/operational criticism: Elon Musk publicly called iOS app‑review delays “ridiculous,” reigniting debate about App Store policy and developer friction — a potential negative for developer relations and platform perception. Elon Musk Has One Word for This Apple Problem: ‘Ridiculous’
• Negative Sentiment: Relative performance pressure: Coverage noting Apple has lagged some peers (Magnificent 7 commentary) underscores investor concerns about AI leadership and near‑term growth vs. names like Nvidia, which can cap multiple expansion. NVIDIA Leads Magnificent 7 Stocks in March while Apple and Tesla Slide

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Weiss Ratings reissued a “buy (b-)” rating on shares of Apple in a research report on Monday, December 29th. Barclays upped their price target on Apple from $239.00 to $248.00 and gave the stock an “underweight” rating in a research note on Tuesday, March 3rd. Jefferies Financial Group set a $330.00 price objective on Apple in a report on Wednesday, March 4th. Royal Bank Of Canada set a $325.00 target price on shares of Apple in a report on Monday, February 2nd. Finally, Moffett Nathanson upped their target price on shares of Apple from $241.00 to $270.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 25th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $297.58.

Apple Stock Up 0.6%

Shares of NASDAQ:AAPL opened at $254.23 on Wednesday. The company has a current ratio of 0.97, a quick ratio of 0.94 and a debt-to-equity ratio of 0.87. The stock has a fifty day simple moving average of $261.63 and a two-hundred day simple moving average of $262.04. Apple Inc. has a 12-month low of $169.21 and a 12-month high of $288.62. The stock has a market capitalization of $3.73 trillion, a price-to-earnings ratio of 32.14, a PEG ratio of 2.26 and a beta of 1.10.

Apple (NASDAQ:AAPL) last released its earnings results on Thursday, January 29th. The iPhone maker reported $2.84 EPS for the quarter, topping analysts’ consensus estimates of $2.67 by $0.17. Apple had a return on equity of 159.94% and a net margin of 27.04%.The firm had revenue of $143.76 billion for the quarter, compared to analysts’ expectations of $138.25 billion. During the same period in the prior year, the firm posted $2.40 earnings per share. The company’s quarterly revenue was up 15.7% on a year-over-year basis. On average, research analysts anticipate that Apple Inc. will post 7.28 earnings per share for the current fiscal year.

Apple Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 12th. Investors of record on Monday, February 9th were given a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend was Monday, February 9th. Apple’s dividend payout ratio is 13.15%.

Apple Company Profile

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.