Apple Inc. $AAPL Stake Reduced by WT Wealth Management

WT Wealth Management trimmed its position in Apple Inc. (NASDAQ:AAPL) by 5.9% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 41,945 shares of the iPhone maker’s stock after selling 2,618 shares during the quarter. Apple makes up 3.1% of WT Wealth Management’s portfolio, making the stock its 6th biggest position. WT Wealth Management’s holdings in Apple were worth $10,681,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Kingstone Capital Partners Texas LLC lifted its holdings in Apple by 573,627.2% during the second 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 period. Norges Bank purchased a new stake in shares of Apple during the second quarter worth about $38,942,255,000. Nuveen LLC purchased a new stake in Apple during the 1st quarter worth approximately $17,472,482,000. PKS Advisory Services LLC increased its position 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 valued at $12,106,000 after acquiring an additional 57,898,088 shares during the period. Finally, Laurel Wealth Advisors LLC lifted its position in Apple by 20,464.8% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 27,069,029 shares of the iPhone maker’s stock worth $5,553,753,000 after acquiring an additional 26,937,401 shares during the period. Hedge funds and other institutional investors own 67.73% of the company’s stock.

Apple Price Performance

AAPL stock opened at $247.65 on Thursday. Apple Inc. has a 1 year low of $169.21 and a 1 year high of $288.62. The business’s 50-day moving average is $270.43 and its two-hundred day moving average is $249.54. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.89 and a quick ratio of 0.86. The firm has a market capitalization of $3.64 trillion, a P/E ratio of 33.15, a P/E/G ratio of 2.31 and a beta of 1.09.

Apple (NASDAQ:AAPL) last posted its quarterly earnings results on Thursday, October 30th. The iPhone maker reported $1.85 EPS for the quarter, topping the consensus estimate of $1.74 by $0.11. The company had revenue of $102.47 billion during the quarter, compared to analysts’ expectations 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% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.64 EPS. Analysts anticipate that Apple Inc. will post 7.28 earnings per share for the current fiscal year.

Apple Announces Dividend

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

Wall Street Analyst Weigh In

AAPL has been the topic of several recent research reports. Rosenblatt Securities upped their price objective on shares of Apple from $241.00 to $250.00 and gave the company a “neutral” rating in a report on Friday, October 31st. Raymond James Financial restated a “market perform” rating on shares of Apple in a research report on Friday, January 2nd. Robert W. Baird set a $300.00 price objective on Apple in a research note on Friday, October 31st. The Goldman Sachs Group reissued a “buy” rating on shares of Apple in a research report on Wednesday, December 3rd. Finally, DA Davidson raised their target price on Apple from $250.00 to $270.00 and gave the stock a “neutral” rating in a research note on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $281.70.

Key Headlines Impacting Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Evercore reiterated an “Outperform” rating and a $330 target, reinforcing analyst conviction ahead of earnings and supporting buyer interest into any weakness. Evercore Reaffirms Outperform
• Positive Sentiment: Multiple reports say Apple is accelerating its AI push — plans to turn Siri into a ChatGPT‑style chatbot (iOS 27) and a possible AI “wearable pin” device — which could re‑rate the stock if the company narrows the AI gap with peers. Siri Chatbot Report (TechCrunch) AI Wearable Pin (Benzinga)
• Positive Sentiment: Payments expansion: Apple Pay integrations and plans for India would open a large growth market and boost services/transaction volume long‑term (Funding Circle launch on Apple Pay; reports Apple is preparing Apple Pay for India). Funding Circle Apple Pay Launch Apple Pay India Reports (PYMNTS)
• Neutral Sentiment: Retail promotions in China (discounts up to 1,000 yuan) may support unit sales this week but also signal management balancing near‑term demand with pricing. China Discounts (Reuters)
• Neutral Sentiment: Upcoming quarterly results (earnings due late January) are the immediate catalyst — they can amplify either the recent sell‑off or trigger a rebound depending on iPhone unit/mix and services revenue beats. Earnings Projection
• Negative Sentiment: Regulatory/legal risk: Apple asked an Indian court to block the antitrust regulator from seeking its global financials as it challenges the law — an escalation that could prolong regulatory uncertainty and weigh on sentiment. India Antitrust Court Filing (Reuters)
• Negative Sentiment: Minor supply-side/ownership signal: a hedge fund (Cypress Funds LLC) trimmed its AAPL stake, a small institutional sell that can accentuate downside in a risk‑off tape. Cypress Funds Stake Cut (TipRanks)

Insider Activity

In related news, insider Chris Kondo sold 3,752 shares of the stock in a transaction on Friday, November 7th. The shares were sold at an average price of $271.23, for a total value of $1,017,654.96. Following the transaction, the insider directly owned 15,098 shares of the company’s stock, valued at $4,095,030.54. This trade represents a 19.90% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.06% of the company’s stock.

Apple 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.