Weatherly Asset Management L. P. decreased its holdings in shares of Apple Inc. (NASDAQ:AAPL – Free Report) by 3.4% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 335,490 shares of the iPhone maker’s stock after selling 11,892 shares during the period. Apple makes up approximately 7.0% of Weatherly Asset Management L. P.’s investment portfolio, making the stock its 2nd largest holding. Weatherly Asset Management L. P.’s holdings in Apple were worth $85,426,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of AAPL. Ryan Investment Management Inc. acquired a new position in shares of Apple in the 2nd quarter valued at $31,000. ROSS JOHNSON & Associates LLC lifted its position in Apple by 1,800.0% during the 1st quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker’s stock worth $42,000 after acquiring an additional 180 shares during the period. Nexus Investment Management ULC grew its stake in Apple by 333.3% during the 2nd quarter. Nexus Investment Management ULC now owns 260 shares of the iPhone maker’s stock valued at $53,000 after purchasing an additional 200 shares during the last quarter. LSV Asset Management acquired a new position in shares of Apple in the fourth quarter valued at about $65,000. Finally, Morgan Dempsey Capital Management LLC raised its stake in shares of Apple by 41.0% in the second quarter. Morgan Dempsey Capital Management LLC now owns 430 shares of the iPhone maker’s stock worth $88,000 after purchasing an additional 125 shares during the last quarter. Institutional investors and hedge funds own 67.73% of the company’s stock.

Apple Stock Performance

Shares of NASDAQ AAPL opened at $260.35 on Thursday. The company has a market capitalization of $3.85 trillion, a PE ratio of 34.85, a price-to-earnings-growth ratio of 2.45 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. The company’s fifty day moving average price is $273.30 and its 200 day moving average price is $246.00. Apple Inc. has a 1 year low of $169.21 and a 1 year 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 earnings per share for the quarter, beating analysts’ consensus estimates of $1.74 by $0.11. Apple had a net margin of 26.92% and a return on equity of 164.05%. The company had revenue of $102.47 billion during the quarter, compared to analysts’ expectations of $101.65 billion. During the same quarter in the previous year, the company earned $1.64 earnings per share. The firm’s revenue for the quarter was up 8.7% on a year-over-year basis. On average, research analysts predict that Apple Inc. will post 7.28 earnings per share for the current year.

Apple Announces Dividend

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

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. Argus set a $325.00 target price on Apple and gave the company a “buy” rating in a research report on Friday, October 31st. JPMorgan Chase & Co. lifted their price objective on shares of Apple from $290.00 to $305.00 and gave the company an “overweight” rating in a research note on Friday, October 31st. Monness Crespi & Hardt upped 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. Melius Research set a $345.00 price objective on shares of Apple in a research note on Friday, October 31st. Finally, Seaport Res Ptn upgraded shares of Apple to a “strong-buy” rating in a research report on Wednesday, October 1st. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Apple currently has an average rating of “Moderate Buy” and a consensus target price of $283.92.

Read Our Latest Stock Analysis on Apple

Insider Transactions at Apple

In other Apple news, CFO Kevan Parekh sold 4,199 shares of the stock in a transaction that occurred on Thursday, October 16th. The stock was sold at an average price of $247.39, for a total transaction of $1,038,790.61. Following the transaction, the chief financial officer owned 8,765 shares in the company, valued at approximately $2,168,373.35. This represents a 32.39% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Chris Kondo sold 3,752 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the insider owned 15,098 shares of the company’s stock, valued at $4,095,030.54. This trade represents a 19.90% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.06% of the company’s stock.

Apple News Roundup

Here are the key news stories impacting Apple this week:

• Positive Sentiment: JPMorgan will replace Goldman Sachs as the Apple Card issuer — a move that should smooth a long-running payments headache for Apple, shift ~$20B of balances to a deeper consumer-lending platform, and remove a reputational/operational drag from the Apple ecosystem. JPMorgan Chase becomes the new issuer of the Apple Card
• Positive Sentiment: Evercore named Apple a top tech pick ahead of an important iPhone cycle — a bullish analyst note that supports upside into product seasonality. AAPL: Evercore Calls Apple Top Tech Pick Ahead of Key iPhone Cycle
• Neutral Sentiment: Product/calendar catalysts: investors are watching Apple’s Jan. 12 feature rollouts and the upcoming iPhone cycle — these are scheduled catalysts that could swing sentiment depending on execution, but are not immediate financial shocks. Dear Apple Stock Fans, Mark Your Calendars for January 12
• Neutral Sentiment: App Store net-revenue growth is decelerating (Dec. y/y growth ~5.7% vs. Nov. 6.1%) — a modest softening in services growth that bears monitoring for margin/recurring-revenue trends. Apple App Store Net Revenue Growth Decelerates In December
• Negative Sentiment: Alphabet (Google parent) surpassed Apple in market capitalization — a symbolic setback that can pressure sentiment for AAPL and prompt relative-weight adjustments in portfolios and funds. Alphabet Surpasses Apple in Market Cap for First Time Since 2019
• Negative Sentiment: Regulatory/legal risk: India defended a law that can calculate antitrust fines on global turnover in Apple’s court fight — a development that raises the stakes and potential penalty exposure outside the U.S. India defends antitrust penalty law in Apple fight
• Negative Sentiment: Analyst downgrades and cautionary notes continue to surface (some firms flag valuation and 2026 stagnation risk), which can sustain downside pressure absent clear beat-and-raise results. Apple Stock Starts 2026 With a Downgrade. Why Investors Shouldn’t Make Too Much of It
• Negative Sentiment: Hardware-cost pressure: rising memory prices could squeeze margins for device makers like Apple if costs aren’t fully passed through. Apple and Dell Face Soaring Memory Prices. How the Stocks Can Handle the Threat.

Apple 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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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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