Wingate Wealth Advisors Inc. Buys 2,225 Shares of Apple Inc. $AAPL

Wingate Wealth Advisors Inc. grew its stake in shares of Apple Inc. (NASDAQ:AAPL) by 37.1% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 8,229 shares of the iPhone maker’s stock after acquiring an additional 2,225 shares during the quarter. Apple comprises about 1.5% of Wingate Wealth Advisors Inc.’s portfolio, making the stock its 23rd biggest holding. Wingate Wealth Advisors Inc.’s holdings in Apple were worth $2,095,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently made changes to their positions in AAPL. Norges Bank acquired a new position in shares of Apple during the 2nd quarter worth $38,942,255,000. Nuveen LLC acquired a new position in Apple during the first quarter worth about $17,472,482,000. PKS Advisory Services LLC lifted its holdings in shares of Apple by 98,917.0% in the second quarter. PKS Advisory Services LLC now owns 57,956,620 shares of the iPhone maker’s stock worth $12,106,000 after acquiring an additional 57,898,088 shares during the last quarter. Laurel Wealth Advisors LLC boosted 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. Finally, Northern Trust Corp grew its holdings in shares of Apple by 13.3% during the 4th quarter. Northern Trust Corp now owns 171,385,531 shares of the iPhone maker’s stock valued at $42,918,365,000 after purchasing an additional 20,079,472 shares during the last quarter. Institutional investors own 67.73% of the company’s stock.

Key Stories Impacting Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Q1 beat and strong guidance — Apple posted revenue of ~$143.8B (+16% YoY) and EPS $2.84, above estimates, and gave upside revenue/gross-margin guidance for the next quarter, which reassured investors on near-term growth and profitability. Apple reports first quarter results
• Positive Sentiment: Record iPhone demand and China rebound — iPhone revenue hit a record (reported as ~$85.3B) with especially strong sales in Greater China, supporting the top line and services upside. Apple sales, profit beat Wall Street estimates amid ‘staggering’ iPhone demand
• Positive Sentiment: AI M&A signals capability build — Apple acquired Israeli audio-AI startup Q.ai (reported ~ $2B), a tangible step to bolster its on-device and audio AI capabilities. Apple acquires audio AI startup Q.ai
• Positive Sentiment: Analyst support — Citi reiterated a Buy and $315 target today, reinforcing upside expectations among some sell‑side analysts. Apple: Resilient Fundamentals, AI Partnership, and Upcoming Product Cycles Support Buy Rating and $315 Target
• Neutral Sentiment: Dividend declared — Apple announced a quarterly dividend of $0.26 per share (record Feb 9, payable Feb 12); modest yield, but standard cash-return policy that has limited immediate market impact.
• Negative Sentiment: Memory shortage and rising costs — Apple flagged tighter global memory supply and higher memory prices driven by AI demand, a factor that could compress gross margins if costs persist. Memory Shortage Haunts Apple’s Blowout iPhone Sales
• Negative Sentiment: Supply prioritization may limit volume — Reports say Apple will prioritize production of its highest‑end iPhone models in 2026 and delay some standard-model rollouts, which can boost ASPs but cap unit growth and frustrate demand. Apple to prioritize premium iPhone launches in 2026, Nikkei Asia reports
• Negative Sentiment: Market wants clearer AI roadmap — Despite the beat, investors reacted tepidly in part because Apple provided limited new detail on its large-scale AI strategy and monetization plans, leaving some upside contingent on execution. Gene Munster Says Apple Stock’s Tepid Reaction To Strong Earnings Beat Comes Down To One Thing: Investors Want More AI Substance

Insider Buying and Selling at Apple

In related news, insider Chris Kondo sold 3,752 shares of the firm’s stock in a transaction dated 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 owned 15,098 shares of the company’s stock, valued at approximately $4,095,030.54. This trade represents a 19.90% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.06% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on AAPL. UBS Group reiterated a “neutral” rating on shares of Apple in a report on Tuesday, January 6th. CLSA increased their target price on Apple from $265.00 to $330.00 and gave the company an “outperform” rating in a research report on Friday, December 5th. TD Cowen boosted their price target on Apple from $275.00 to $325.00 and gave the stock a “buy” rating in a report on Friday, October 31st. Monness Crespi & Hardt raised their price objective on shares of Apple from $270.00 to $300.00 and gave the company a “buy” rating in a report on Friday, October 31st. Finally, Barclays reiterated an “underweight” rating and set a $239.00 target price on shares of Apple in a research report on Friday. One investment analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $283.07.

Apple Stock Up 0.7%

Shares of NASDAQ AAPL opened at $258.28 on Friday. The company has a quick ratio of 0.86, a current ratio of 0.89 and a debt-to-equity ratio of 1.06. The firm has a market cap of $3.80 trillion, a PE ratio of 34.58, a P/E/G ratio of 2.39 and a beta of 1.09. The company’s fifty day simple moving average is $268.62 and its 200 day simple moving average is $251.07. Apple Inc. has a 12-month low of $169.21 and a 12-month high of $288.62.

Apple (NASDAQ:AAPL) last released its quarterly earnings data on Thursday, January 29th. The iPhone maker reported $2.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.65 by $0.19. Apple had a net margin of 26.92% and a return on equity of 164.05%. The company had revenue of $143.76 billion for the quarter, compared to analysts’ expectations of $138.25 billion. As a group, sell-side analysts forecast that Apple Inc. will post 7.28 earnings per share for the current fiscal year.

Apple Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, February 12th. Shareholders of record on Monday, February 9th will be paid a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend is Monday, February 9th. Apple’s dividend payout ratio (DPR) is 13.92%.

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.