Siligmueller & Norvid Wealth Advisors LLC raised its position in Apple Inc. (NASDAQ:AAPL – Free Report) by 366.6% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 15,992 shares of the iPhone maker’s stock after purchasing an additional 12,565 shares during the period. Apple comprises approximately 1.8% of Siligmueller & Norvid Wealth Advisors LLC’s portfolio, making the stock its 18th biggest holding. Siligmueller & Norvid Wealth Advisors LLC’s holdings in Apple were worth $4,074,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also made changes to their positions in the company. American Alpha Advisors LLC raised its position in Apple by 3.7% during the third quarter. American Alpha Advisors LLC now owns 1,151 shares of the iPhone maker’s stock worth $293,000 after acquiring an additional 41 shares during the last quarter. Capstone Wealth Management LLC raised its position in shares of Apple by 0.5% during the 3rd quarter. Capstone Wealth Management LLC now owns 8,537 shares of the iPhone maker’s stock worth $2,174,000 after purchasing an additional 42 shares during the last quarter. Tacita Capital Inc lifted its stake in Apple by 0.8% in the 3rd quarter. Tacita Capital Inc now owns 5,718 shares of the iPhone maker’s stock valued at $1,456,000 after buying an additional 44 shares in the last quarter. Aspetuck Financial Management LLC lifted its stake in Apple by 0.3% in the 3rd quarter. Aspetuck Financial Management LLC now owns 17,702 shares of the iPhone maker’s stock valued at $4,507,000 after buying an additional 46 shares in the last quarter. Finally, Baker Boyer National Bank grew its holdings in Apple by 0.3% during the 2nd quarter. Baker Boyer National Bank now owns 18,011 shares of the iPhone maker’s stock valued at $3,695,000 after buying an additional 47 shares during the last quarter. Institutional investors and hedge funds own 67.73% of the company’s stock.
Analysts Set New Price Targets
AAPL has been the subject of several recent research reports. Maxim Group raised Apple from a “hold” rating to a “buy” rating and set a $300.00 price target for the company in a research report on Friday, January 30th. Loop Capital restated a “buy” rating and issued a $325.00 price objective (up from $315.00) on shares of Apple in a research report on Tuesday, December 2nd. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Apple in a research note on Monday, March 2nd. Barclays boosted their target price on shares of Apple from $239.00 to $248.00 and gave the company an “underweight” rating in a research note on Tuesday, March 3rd. Finally, Morgan Stanley restated an “overweight” rating and issued a $315.00 target price (up from $305.00) on shares of Apple in a report on Wednesday, December 17th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Apple presently has an average rating of “Moderate Buy” and a consensus target price of $297.58.
Key Headlines Impacting Apple
Here are the key news stories impacting Apple this week:
- Positive Sentiment: Citi reiterates Buy and $315 price target, citing resilient margins, services expansion and emerging AI upside — a bank-level vote of confidence that can support flows into AAPL. Article Title
- Positive Sentiment: New product launches target volume growth: the MacBook Neo ($599 entry price) and the budget iPhone 17e (now 256GB base) aim to expand Apple’s installed base and services revenue over time — a potential structural booster to recurring services and hardware unit growth. Article Title
- Positive Sentiment: BIEL Crystal named exclusive cover‑glass supplier for the iPhone 17e — a supply‑chain detail that supports the roll‑out timing and margins for the new low‑priced model. Article Title
- Positive Sentiment: Bullish analyst/target momentum continues (street targets now range into the $310–$350 area), reflecting investor enthusiasm around Apple’s AI Macs, services acceleration and strong recent earnings. Article Title
- Neutral Sentiment: Large, mixed institutional flows and a wide range of analyst targets mean conviction is split — some funds adding shares while many trimmed positions last quarter; this can amplify moves but also limit runaway direction. Article Title
- Neutral Sentiment: Technical commentators note resistance and downside targets near ~$250; that technical setup can keep trading choppy even with favorable fundamentals. Article Title
- Negative Sentiment: Macro/market risk: a spike in oil and geopolitical noise sparked broad tech and Nasdaq weakness overnight — algo-driven selling hit large caps, including Apple, pressuring the stock irrespective of company‑specific news. Article Title
- Negative Sentiment: Competitive risk: Samsung is pursuing AI partnerships (OpenAI and others) to close feature gaps — intensified AI competition in smartphones/laptops could pressure Apple’s premium positioning over time. Article Title
- Negative Sentiment: Insider selling (multiple executive sales reported) can be interpreted negatively by some traders and, combined with technical caution, may amplify near‑term downside pressure. Article Title
Apple Stock Down 1.1%
Shares of NASDAQ:AAPL opened at $257.46 on Monday. The stock’s 50-day moving average price is $263.56 and its two-hundred day moving average price is $260.70. The company has a current ratio of 0.97, a quick ratio of 0.94 and a debt-to-equity ratio of 0.87. Apple Inc. has a 12-month low of $169.21 and a 12-month high of $288.62. The firm has a market cap of $3.78 trillion, a price-to-earnings ratio of 32.55, a PEG ratio of 2.30 and a beta of 1.10.
Apple (NASDAQ:AAPL – Get Free Report) last posted its quarterly earnings data on Thursday, January 29th. The iPhone maker reported $2.84 EPS for the quarter, beating analysts’ consensus estimates of $2.67 by $0.17. The company had revenue of $143.76 billion during the quarter, compared to the consensus estimate of $138.25 billion. Apple had a net margin of 27.04% and a return on equity of 159.94%. The company’s quarterly revenue was up 15.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.40 EPS. On average, research analysts forecast that Apple Inc. will post 7.28 EPS for the current year.
Apple Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, February 12th. Investors of record on Monday, February 9th were issued a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date was Monday, February 9th. Apple’s payout ratio is presently 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.
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