Garrett Wealth Advisory Group LLC Acquires 3,061 Shares of Apple Inc. $AAPL

Garrett Wealth Advisory Group LLC grew its holdings in Apple Inc. (NASDAQ:AAPL) by 6.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 51,540 shares of the iPhone maker’s stock after acquiring an additional 3,061 shares during the period. Apple comprises about 2.6% of Garrett Wealth Advisory Group LLC’s investment portfolio, making the stock its 11th biggest position. Garrett Wealth Advisory Group LLC’s holdings in Apple were worth $13,124,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in AAPL. Abel Hall LLC increased its holdings in Apple by 2.5% in the 3rd quarter. Abel Hall LLC now owns 17,915 shares of the iPhone maker’s stock valued at $4,562,000 after acquiring an additional 434 shares during the last quarter. Sterling Wealth Management Inc. boosted its holdings in shares of Apple by 14.8% during the 3rd quarter. Sterling Wealth Management Inc. now owns 12,321 shares of the iPhone maker’s stock valued at $3,137,000 after purchasing an additional 1,588 shares during the last quarter. Opulen Financial Group LLC boosted its holdings in shares of Apple by 14.8% during the 3rd quarter. Opulen Financial Group LLC now owns 4,543 shares of the iPhone maker’s stock valued at $1,157,000 after purchasing an additional 587 shares during the last quarter. Keystone Financial Group grew its position in shares of Apple by 2.6% during the third quarter. Keystone Financial Group now owns 363,510 shares of the iPhone maker’s stock valued at $93,991,000 after purchasing an additional 9,353 shares in the last quarter. Finally, Morningstar Investment Management LLC grew its position in shares of Apple by 4.2% during the third quarter. Morningstar Investment Management LLC now owns 308,671 shares of the iPhone maker’s stock valued at $78,597,000 after purchasing an additional 12,316 shares in the last quarter. Hedge funds and other institutional investors own 67.73% of the company’s stock.

Apple Price Performance

NASDAQ:AAPL opened at $254.23 on Wednesday. The firm has a market capitalization of $3.73 trillion, a price-to-earnings ratio of 32.14, a PEG ratio of 2.26 and a beta of 1.10. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.97 and a quick ratio of 0.94. The business has a 50 day simple moving average of $261.63 and a 200-day simple moving average of $262.04. Apple Inc. has a 1 year low of $169.21 and a 1 year high of $288.62.

Apple (NASDAQ:AAPL) last released its earnings results on Thursday, January 29th. The iPhone maker reported $2.84 earnings per share for the quarter, beating the consensus estimate of $2.67 by $0.17. Apple had a return on equity of 159.94% and a net margin of 27.04%.The firm had revenue of $143.76 billion for the quarter, compared to the consensus estimate of $138.25 billion. During the same quarter in the previous year, the company posted $2.40 EPS. The company’s revenue for the quarter was up 15.7% compared to the same quarter last year. Equities analysts forecast that Apple Inc. will post 7.28 EPS for the current year.

Apple Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, February 12th. Stockholders of record on Monday, February 9th were paid a $0.26 dividend. The ex-dividend date of this dividend was Monday, February 9th. This represents a $1.04 annualized dividend and a dividend yield of 0.4%. Apple’s dividend payout ratio is currently 13.15%.

More Apple News

Here are the key news stories impacting Apple this week:

• Positive Sentiment: CEO Tim Cook publicly dismissed retirement rumors and reinforced his commitment to Apple’s roadmap and upcoming AI milestones, reducing leadership uncertainty that had weighed on sentiment. Tim Cook squashes retirement rumors, says he ‘can’t imagine life without Apple’
• Positive Sentiment: Product refreshes: Apple unveiled AirPods Max 2 with upgraded features (H2 chip, improved ANC, live translation), and expanded its MacBook lineup with M5 chips — news that supports hardware revenue and drew an Evercore reaffirmation of Outperform. Apple unveils second-generation AirPods Max at $549, more than five years after debut
• Positive Sentiment: Strategic M&A: Apple acquired MotionVFX, a Final Cut Pro plugin maker, strengthening its creator tools and services ecosystem — a move that can help services/subscriptions monetization for pro users. Apple acquires video editing software company MotionVFX
• Positive Sentiment: Brand extensions: Beats launched Nike‑branded earbuds in a first hardware collaboration, showing continued diversification of accessory demand and co‑branding opportunities. Apple’s Beats Launches Nike‑Branded Earbuds in Its First‑Ever Hardware Collaboration
• Neutral Sentiment: Macro/market flows: A broader shift of investor interest toward value ETFs (amid geopolitical uncertainty) is altering sector flows; not Apple‑specific but can affect relative demand for large growth names. 2 ETFs Have Similar Names. Their Performances Couldn’t Be More Different.
• Neutral Sentiment: Supply‑chain & supplier notes: Nvidia/Samsung foundry news and Foxconn’s mixed results keep focus on Apple’s manufacturing partners — potential upside if foundry capacity and iPhone assembly remain robust, but margins/supply risks persist. Samsung shares rise after Nvidia’s Huang flags tie-up on new AI chips
• Neutral Sentiment: Short‑interest notices in March appear inconsistent/immaterial in the data reported and are unlikely to be a driver today.
• Negative Sentiment: Reputational/operational criticism: Elon Musk publicly called iOS app‑review delays “ridiculous,” reigniting debate about App Store policy and developer friction — a potential negative for developer relations and platform perception. Elon Musk Has One Word for This Apple Problem: ‘Ridiculous’
• Negative Sentiment: Relative performance pressure: Coverage noting Apple has lagged some peers (Magnificent 7 commentary) underscores investor concerns about AI leadership and near‑term growth vs. names like Nvidia, which can cap multiple expansion. NVIDIA Leads Magnificent 7 Stocks in March while Apple and Tesla Slide

Wall Street Analysts Forecast Growth

A number of research firms recently commented on AAPL. Maxim Group upgraded Apple from a “hold” rating to a “buy” rating and set a $300.00 target price on the stock in a research report on Friday, January 30th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Apple in a report on Monday, December 29th. Sanford C. Bernstein reissued an “outperform” rating on shares of Apple in a report on Wednesday, March 4th. Stifel Nicolaus set a $330.00 price target on shares of Apple in a research report on Monday, March 2nd. Finally, Evercore reaffirmed an “outperform” rating on shares of Apple in a research note on Monday, March 2nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $297.58.

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.