Signal Advisors Wealth LLC increased its stake in shares of Apple Inc. (NASDAQ:AAPL – Free Report) by 14.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 211,321 shares of the iPhone maker’s stock after purchasing an additional 25,907 shares during the quarter. Apple accounts for approximately 3.1% of Signal Advisors Wealth LLC’s holdings, making the stock its 4th biggest position. Signal Advisors Wealth LLC’s holdings in Apple were worth $69,775,000 at the end of the most recent reporting period.
Several other hedge funds have also recently modified their holdings of AAPL. State Street Corp lifted its stake in shares of Apple by 4.7% in the 2nd quarter. State Street Corp now owns 630,662,494 shares of the iPhone maker’s stock worth $182,897,769,000 after acquiring an additional 28,321,085 shares during the period. Berkshire Hathaway Inc purchased a new stake in shares of Apple in the second quarter valued at about $65,950,297,000. Bank of America Corp DE purchased a new stake in shares of Apple in the second quarter valued at about $36,986,090,000. Legal & General Group Plc purchased a new stake in shares of Apple in the second quarter valued at about $30,443,242,000. Finally, Amundi increased its stake in shares of Apple by 23.2% during the first quarter. Amundi now owns 73,082,616 shares of the iPhone maker’s stock worth $18,547,637,000 after acquiring an additional 13,780,080 shares during the period. 67.73% of the stock is owned by institutional investors and hedge funds.
Apple News Roundup
Here are the key news stories impacting Apple this week:
- Positive Sentiment: Strong iPhone Duo demand is the primary catalyst. The foldable phone launched globally Friday amid long lines, limited store inventory and reports that preorders are backordered into 2027. Supply-chain reports indicate Apple raised its first-year shipment target by 44%, to roughly 14 million units. The premium product could expand Apple’s addressable market and support revenue growth. Apple fans react as iPhone Duo hits stores
- Positive Sentiment: The launch strengthens Apple’s broader hardware and services roadmap. Analysts are evaluating whether the Duo can drive accessory, software and services revenue, while potential touchscreen Macs, smart-home products and an Apple-Schneider Electric energy-management partnership provide additional growth opportunities. Will Apple take over the smart home
- Positive Sentiment: Apple briefly reclaimed the title of world’s most valuable public company. AAPL approached or surpassed Nvidia’s approximately $5 trillion valuation as Nvidia shares weakened during a broader AI-stock selloff. Investors are treating Apple’s substantial cash generation and lower AI infrastructure spending as a relative safe haven. Apple tops Nvidia in market value
- Neutral Sentiment: The next major test is earnings. Apple’s fiscal fourth-quarter results are expected November 2, with investors looking for evidence that iPhone Duo demand, holiday sales and margins justify a stock trading near 40 times earnings. Analysts remain broadly constructive, but the average price target is close to recent trading levels.
- Negative Sentiment: Execution and valuation risks remain significant. Some early users have reported cracked foldable screens, while reviews cite first-generation glitches, a $2,000 price and limitations involving the camera and apps. These issues could affect returns, customer satisfaction and adoption.
- Negative Sentiment: Insider selling adds a modest cautionary signal. Senior Vice President Jennifer Newstead sold approximately $815,000 of AAPL shares, following several similar sales. The transaction is small relative to Apple’s size but may reinforce concerns that the stock has become expensive.
Analysts Set New Price Targets
A number of research analysts have recently issued reports on the stock. BTIG Research began coverage on shares of Apple in a research note on Monday, August 17th. They set a “neutral” rating on the stock. Moffett Nathanson set a $283.00 price objective on shares of Apple and gave the company a “neutral” rating in a research report on Tuesday. Raymond James Financial restated a “market perform” rating on shares of Apple in a research report on Friday, July 31st. JPMorgan Chase & Co. lifted their price objective on Apple from $340.00 to $360.00 and gave the company an “overweight” rating in a report on Monday, October 12th. Finally, Bank of America reiterated a “buy” rating and set a $370.00 target price on shares of Apple in a research report on Wednesday, September 23rd. One investment analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, fifteen have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $340.12.
Check Out Our Latest Research Report on Apple
Insiders Place Their Bets
In other Apple news, insider Ben Borders sold 1,280 shares of the firm’s stock in a transaction dated Friday, October 16th. The shares were sold at an average price of $345.40, for a total transaction of $442,112.00. Following the completion of the transaction, the insider directly owned 38,288 shares in the company, valued at approximately $13,224,675.20. This trade represents a 3.23% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, SVP Jennifer Newstead sold 2,399 shares of the firm’s stock in a transaction dated Tuesday, October 20th. The shares were sold at an average price of $339.62, for a total transaction of $814,748.38. Following the transaction, the senior vice president owned 34,795 shares of the company’s stock, valued at $11,817,077.90. This trade represents a 6.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 286,853 shares of company stock worth $95,477,342. 0.06% of the stock is owned by company insiders.
Apple Stock Performance
Shares of AAPL stock opened at $347.73 on Friday. The stock has a fifty day moving average price of $329.75 and a 200 day moving average price of $309.34. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.93 and a current ratio of 1.00. The stock has a market cap of $5.07 trillion, a PE ratio of 39.88, a P/E/G ratio of 2.75 and a beta of 1.07. Apple Inc. has a 1 year low of $243.42 and a 1 year high of $351.73.
Apple (NASDAQ:AAPL – Get Free Report) last posted its earnings results on Thursday, July 30th. The iPhone maker reported $2.02 earnings per share for the quarter, beating the consensus estimate of $1.89 by $0.13. Apple had a return on equity of 135.46% and a net margin of 27.62%. The company had revenue of $109.42 billion for the quarter, compared to analyst estimates of $109.04 billion. During the same quarter in the prior year, the company earned $1.57 earnings per share. Apple’s revenue was up 16.4% compared to the same quarter last year. Sell-side analysts forecast that Apple Inc. will post 8.75 earnings per share for the current fiscal year.
Apple Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 13th. Investors of record on Monday, August 10th were given a $0.27 dividend. The ex-dividend date was Monday, August 10th. This represents a $1.08 annualized dividend and a dividend yield of 0.3%. Apple’s payout ratio is currently 12.39%.
Apple Company Profile
Apple Inc designs, develops and sells consumer electronics, software and digital services. Its best-known products include the iPhone smartphone, Mac personal computers, iPad tablets, Apple Watch, AirPods and other accessories. The company also develops operating systems and applications that support its hardware ecosystem.
Apple’s services business includes the App Store, Apple Music, Apple TV, Apple Arcade, iCloud, Apple Pay and other subscription, payment and digital-content offerings.
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