Apple Inc. $AAPL is Maryland Capital Advisors Inc.’s 6th Largest Position

Maryland Capital Advisors Inc. trimmed its holdings in shares of Apple Inc. (NASDAQ:AAPL) by 31.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 49,281 shares of the iPhone maker’s stock after selling 22,639 shares during the quarter. Apple accounts for about 4.5% of Maryland Capital Advisors Inc.’s portfolio, making the stock its 6th largest position. Maryland Capital Advisors Inc.’s holdings in Apple were worth $12,548,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Tealwood Asset Management Inc. boosted its holdings in Apple by 34.4% in the third quarter. Tealwood Asset Management Inc. now owns 13,583 shares of the iPhone maker’s stock worth $3,459,000 after acquiring an additional 3,476 shares in the last quarter. Indiana Trust & Investment Management Co increased its holdings in shares of Apple by 3.3% during the third quarter. Indiana Trust & Investment Management Co now owns 60,627 shares of the iPhone maker’s stock valued at $15,437,000 after acquiring an additional 1,926 shares in the last quarter. Fire Capital Management LLC raised its position in shares of Apple by 86.2% in the 3rd quarter. Fire Capital Management LLC now owns 23,568 shares of the iPhone maker’s stock valued at $6,001,000 after purchasing an additional 10,913 shares during the last quarter. Worth Asset Management LLC boosted its stake in Apple by 3.0% in the 3rd quarter. Worth Asset Management LLC now owns 17,364 shares of the iPhone maker’s stock worth $4,421,000 after purchasing an additional 503 shares in the last quarter. Finally, Client 1ST Advisory Group LLC grew its position in Apple by 2.7% during the 3rd quarter. Client 1ST Advisory Group LLC now owns 12,977 shares of the iPhone maker’s stock worth $3,304,000 after purchasing an additional 346 shares during the last quarter. 67.73% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. JPMorgan Chase & Co. raised their price target on shares of Apple from $290.00 to $305.00 and gave the stock an “overweight” rating in a report on Friday, October 31st. Citigroup restated a “buy” rating and issued a $330.00 target price (up previously from $315.00) on shares of Apple in a research note on Tuesday, December 9th. Loop Capital reaffirmed a “buy” rating and set a $325.00 price target (up previously from $315.00) on shares of Apple in a research report on Tuesday, December 2nd. Raymond James Financial reissued a “market perform” rating on shares of Apple in a report on Friday, January 2nd. Finally, Sanford C. Bernstein set a $325.00 price objective on Apple in a research note on Monday, November 3rd. 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 MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $284.07.

Insiders Place Their Bets

In related news, insider Chris Kondo sold 3,752 shares of the firm’s stock in a transaction on 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 sale, the insider owned 15,098 shares in the company, valued at approximately $4,095,030.54. This trade represents a 19.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Kevan Parekh sold 4,199 shares of Apple stock in a transaction on Thursday, October 16th. The shares were sold at an average price of $247.39, for a total transaction of $1,038,790.61. Following the completion of the transaction, the chief financial officer directly owned 8,765 shares of the company’s stock, valued at $2,168,373.35. The trade was a 32.39% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.06% of the company’s stock.

Trending Headlines about Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Late‑season strength in iPhone 17 demand suggests the handset cycle could keep Services and upgrade momentum intact — a near‑term revenue tailwind for AAPL. iPhone 17 Demand Lifts AAPL
• Positive Sentiment: JPMorgan Chase will become the new issuer of the Apple Card, expanding Apple’s financial‑services ecosystem and potentially boosting Services engagement (though direct financial upside for Apple is likely modest). JPMorgan Chase becomes the new issuer of the Apple Card
• Positive Sentiment: Several Wall Street commentators remain constructive — analysts raising targets and pundits like Jim Cramer arguing Apple deserves a premium multiple on its combination of iPhone strength and AI roadmap. That supports buy‑the‑dip narrative. Analyst lifts Apple stock target to $330
• Neutral Sentiment: Technicals and short‑term positioning: commentators point to an oversold setup and support levels that may produce a rebound, but that depends on catalysts (earnings cadence, AI product news). Stock Of The Day: Is Apple About To Bounce?
• Neutral Sentiment: Evercore and other research houses note overlooked strengths (services, iPhone demand) versus valuation worries — implies mixed near‑term outlook but continued conviction among some buy‑side firms. Apple’s stock falls for the eighth straight day
• Negative Sentiment: Regulatory / app‑store risk: three Democratic senators urged Apple and Google to remove X and Grok after reports the AI tools enabled creation/sharing of sexualized images of minors — this raises content‑moderation and legal risk scrutiny tied to app‑store governance. Grok and X should be suspended from Apple, Google app stores
• Negative Sentiment: Competitive and AI concerns: chatter about Apple lagging peers in AI, analyst downgrades and Alphabet surpassing Apple in market cap are pressuring sentiment and valuation multiples. Can Apple Enjoy a “Siri Surge” as Apple Catches Up in AI?
• Negative Sentiment: Insider selling and some institutional portfolio rotations have been noted in recent filings, which can weigh on near‑term sentiment even if not indicative of fundamental deterioration. QuiverQuant Apple AI strategy and downgrades

Apple Stock Performance

Shares of AAPL stock opened at $259.37 on Friday. Apple Inc. has a 52-week low of $169.21 and a 52-week high of $288.62. 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 stock has a market cap of $3.83 trillion, a PE ratio of 34.72, a price-to-earnings-growth ratio of 2.42 and a beta of 1.09. The business has a 50-day simple moving average of $272.84 and a 200-day simple moving average of $246.49.

Apple (NASDAQ:AAPL) last announced its quarterly earnings results on Thursday, October 30th. The iPhone maker reported $1.85 earnings per share 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 company had revenue of $102.47 billion during the quarter, compared to analysts’ expectations of $101.65 billion. During the same period last year, the business earned $1.64 earnings per share. Apple’s quarterly revenue was up 8.7% on a year-over-year basis. On average, equities analysts expect 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, 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%.

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.