Burns J W & Co. Inc. NY cut its position in Apple Inc. (NASDAQ:AAPL – Free Report) by 2.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 310,198 shares of the iPhone maker’s stock after selling 6,188 shares during the quarter. Apple accounts for about 8.9% of Burns J W & Co. Inc. NY’s holdings, making the stock its biggest holding. Burns J W & Co. Inc. NY’s holdings in Apple were worth $78,986,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Ryan Investment Management Inc. bought a new position in shares of Apple during the second quarter valued at $31,000. ROSS JOHNSON & Associates LLC increased its holdings in Apple by 1,800.0% in the first quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker’s stock valued at $42,000 after purchasing an additional 180 shares during the period. Nexus Investment Management ULC raised its position in Apple by 333.3% during the 2nd quarter. Nexus Investment Management ULC now owns 260 shares of the iPhone maker’s stock worth $53,000 after purchasing an additional 200 shares during the last quarter. LSV Asset Management bought a new position in Apple during the 4th quarter worth $65,000. Finally, Morgan Dempsey Capital Management LLC lifted its holdings in Apple by 41.0% during the 2nd quarter. Morgan Dempsey Capital Management LLC now owns 430 shares of the iPhone maker’s stock worth $88,000 after buying an additional 125 shares during the period. 67.73% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several brokerages have recently weighed in on AAPL. Argus set a $325.00 price target on Apple and gave the company a “buy” rating in a research note on Friday, October 31st. Robert W. Baird set a $300.00 target price on shares of Apple in a research report on Friday, October 31st. Citigroup restated a “buy” rating and issued a $330.00 price target (up previously from $315.00) on shares of Apple in a research report on Tuesday, December 9th. Wedbush reissued an “outperform” rating and set a $350.00 target price on shares of Apple in a research note on Monday. Finally, Evercore ISI reaffirmed an “outperform” rating and set a $330.00 price target (up previously from $325.00) on shares of Apple in a research report on Friday, January 9th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $284.07.

Get Our Latest Stock Report on Apple

Apple Stock Down 0.7%

AAPL stock opened at $258.21 on Friday. The stock’s 50 day simple moving average is $272.05 and its 200 day simple moving average is $248.13. The company has a market cap of $3.80 trillion, a P/E ratio of 34.57, a price-to-earnings-growth ratio of 2.43 and a beta of 1.09. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.86 and a current ratio of 0.89. Apple Inc. has a fifty-two week low of $169.21 and a fifty-two week high of $288.62.

Apple (NASDAQ:AAPL – Get Free Report) last released its quarterly earnings data on Thursday, October 30th. The iPhone maker reported $1.85 EPS for the quarter, beating the consensus estimate of $1.74 by $0.11. Apple had a return on equity of 164.05% and a net margin of 26.92%.The firm had revenue of $102.47 billion during the quarter, compared to the consensus estimate of $101.65 billion. During the same quarter in the previous year, the company posted $1.64 earnings per share. The company’s quarterly revenue was up 8.7% on a year-over-year basis. On average, research analysts expect 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 was paid on Thursday, November 13th. Shareholders of record on Monday, November 10th were issued 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 dividend payout ratio is presently 13.92%.

Insider Buying and Selling at Apple

In other news, insider Chris Kondo sold 3,752 shares of Apple stock in a transaction dated Friday, November 7th. The shares were sold at an average price of $271.23, for a total transaction of $1,017,654.96. Following the completion of the transaction, the insider directly owned 15,098 shares in the company, valued at $4,095,030.54. This trade represents a 19.90% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.06% of the company’s stock.

Apple News Roundup

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple’s move to run Google’s Gemini models for Siri and Apple Intelligence is being framed as a major capability boost that should accelerate Apple’s AI roadmap and services monetization. Siri to Get Smarter With Gemini: The ETF Playbook for Investors
• Positive Sentiment: Apple launched Creator Studio — a $12.99/mo bundle for creators — which targets higher-margin recurring services revenue and competitive ground vs. Adobe. This supports the services-growth narrative. Apple bundles creative apps into $13-a-month subscription
• Positive Sentiment: Bullish analyst commentary persists (e.g., Dan Ives projecting material upside), which keeps conviction among growth-oriented investors despite recent pullbacks. How Apple Stock Could Add $100 Per Share in 2026 and Beyond
• Neutral Sentiment: Goldman Sachs’ move away from Apple Card highlights shifting dynamics in Apple’s financial-services partnership; it’s more a partner/earnings update for Goldman than an immediate earnings shock for Apple. Goldman Sachs Leans Into Post-Apple Card Strategy
• Negative Sentiment: India has issued a final warning and signaled it may proceed with an antitrust case — a development that raises regulatory and potential fines risk in a large growth market. India warns Apple it will proceed with antitrust case
• Negative Sentiment: Press reports flag a potential multi‑billion fine scenario and ongoing antitrust scrutiny in India — headline risk that can weigh on sentiment even if outcomes are uncertain. Apple Stock Unfazed despite Potential $38 Billion Fine from India
• Negative Sentiment: Supply-chain pressures: soaring memory/storage prices and shortages of a chipboard material could raise component costs or constrain production for some products. That’s a margin and supply-risk headwind to watch. Apple and tech hardware stocks face ‘crisis’ as memory prices soar AI Demand Triggers Chip Material Shortage for Apple
• Negative Sentiment: Some investors/strategists view the Google Gemini deal as evidence of Apple’s reliance on external AI providers — a critique that raises questions about Apple’s competitive independence and long-term foundation-model strategy. Cathie Wood’s ARK: Apple’s reliance on Google for AI signals deeper trouble

Apple Company Profile

(Free Report)

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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Want to see what other hedge funds are holding AAPL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Apple Inc. (NASDAQ:AAPL – Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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