Apple Inc. $AAPL is Los Angeles Capital Management LLC’s 2nd Largest Position

Los Angeles Capital Management LLC grew its stake in shares of Apple Inc. (NASDAQ:AAPL) by 10.8% in the third quarter, HoldingsChannel reports. The fund owned 7,616,210 shares of the iPhone maker’s stock after buying an additional 742,491 shares during the quarter. Apple makes up about 6.6% of Los Angeles Capital Management LLC’s portfolio, making the stock its 2nd largest position. Los Angeles Capital Management LLC’s holdings in Apple were worth $1,939,316,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Kingstone Capital Partners Texas LLC increased its holdings in shares of Apple by 573,627.2% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 205,692,660 shares of the iPhone maker’s stock worth $39,065,374,000 after buying an additional 205,656,808 shares during the last quarter. Norges Bank purchased a new stake in Apple during the second quarter valued at about $38,942,255,000. Nuveen LLC acquired a new stake in Apple during the first quarter worth about $17,472,482,000. PKS Advisory Services LLC raised its holdings in shares of Apple by 98,917.0% in the 2nd quarter. PKS Advisory Services LLC now owns 57,956,620 shares of the iPhone maker’s stock worth $12,106,000 after purchasing an additional 57,898,088 shares during the period. Finally, Laurel Wealth Advisors LLC lifted its stake in shares of Apple by 20,464.8% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 27,069,029 shares of the iPhone maker’s stock valued at $5,553,753,000 after purchasing an additional 26,937,401 shares in the last quarter. 67.73% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Apple news, insider Chris Kondo sold 3,752 shares of the firm’s stock in a transaction that occurred on Friday, November 7th. The stock was sold at an average price of $271.23, for a total transaction of $1,017,654.96. Following the completion of the sale, the insider owned 15,098 shares in the company, valued at $4,095,030.54. This trade represents a 19.90% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.06% of the stock is currently owned by company insiders.

Apple Price Performance

AAPL opened at $259.96 on Thursday. Apple Inc. has a twelve month low of $169.21 and a twelve month high of $288.62. The firm has a market cap of $3.82 trillion, a price-to-earnings ratio of 34.80, a PEG ratio of 2.44 and a beta of 1.09. The company has a current ratio of 0.89, a quick ratio of 0.86 and a debt-to-equity ratio of 1.06. The company has a fifty day simple moving average of $272.28 and a 200 day simple moving average of $248.06.

Apple (NASDAQ:AAPL) last issued its quarterly earnings data on Thursday, October 30th. The iPhone maker reported $1.85 EPS for the quarter, topping analysts’ consensus estimates of $1.74 by $0.11. The firm had revenue of $102.47 billion for the quarter, compared to analyst estimates of $101.65 billion. Apple had a net margin of 26.92% and a return on equity of 164.05%. The firm’s revenue was up 8.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.64 EPS. Equities research analysts expect that Apple Inc. will post 7.28 EPS for the current fiscal year.

Apple Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 13th. Investors of record on Monday, November 10th were issued a $0.26 dividend. The ex-dividend date of this dividend was Monday, November 10th. This represents a $1.04 dividend on an annualized basis and a yield of 0.4%. Apple’s dividend payout ratio is currently 13.92%.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the stock. Bank of America increased their target price on shares of Apple from $270.00 to $320.00 and gave the stock a “buy” rating in a research report on Wednesday, October 29th. Cowen reissued a “buy” rating on shares of Apple in a research report on Monday, October 27th. DZ Bank raised shares of Apple from a “hold” rating to a “buy” rating and set a $300.00 target price on the stock in a research note on Tuesday, November 4th. JPMorgan Chase & Co. lifted their target price on shares of Apple from $290.00 to $305.00 and gave the company an “overweight” rating in a report on Friday, October 31st. Finally, Robert W. Baird set a $300.00 price target on Apple in a report on Friday, October 31st. Two analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $284.07.

Key Stories Impacting Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple formally tapped Google’s Gemini to power the next Siri and other AI features — a faster route to a competitive AI user experience that could accelerate device refresh cycles and Services monetization. Why Apple Chose Google to Power the Future of AI
• Positive Sentiment: Apple launched Creator Studio, a $12.99/month subscription bundling creative apps with new AI features — a near-term Services revenue catalyst that helps diversify recurring revenue beyond hardware. Apple rolls out Creator Studio
• Positive Sentiment: Several analysts and firms reaffirmed bullish views after the Gemini tie-up (Wedbush, J.P. Morgan commentary), supporting the investment case that Apple can boost Services growth while preserving capital discipline. Wedbush Reiterates Outperform on Apple
• Neutral Sentiment: Early reviews of Vision Pro continue to be mixed — strong technical demo value but user experience gaps remain; important for long‑term AR/VR monetization but unlikely to move near‑term revenue materially. I Watched the Lakers-Bucks Game Courtside on Apple Vision Pro (CNET)
• Neutral Sentiment: High‑profile portfolio moves (e.g., Peter Thiel shifting capital into Apple) can signal institutional interest, but such filings are noisy and not definitive proof of sustained buying pressure. Why Peter Thiel Just Sold All His Nvidia Stock for Apple and Microsoft
• Neutral Sentiment: Unverified remarks suggesting Apple invested in Intel created chatter that helped INTC shares — impacts for Apple are speculative and likely immaterial unless confirmed. “Apple Went In”: Intel Stock Gains
• Negative Sentiment: Reports of a shortage in a key chipboard material (high‑grade glass cloth) could constrain Apple device supply or raise component costs if the bottleneck persists — a tangible short‑term production risk. AI Demand Triggers Chip Material Shortage
• Negative Sentiment: Coalitions of women’s and advocacy groups are pressuring Apple (and Google) to remove X/Grok from app stores over AI‑generated sexualized content — a reputational and regulatory risk that could force policy changes or moderation costs. Women’s groups call on Apple, Google to drop X and Grok

About Apple

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.