Apple Inc. $AAPL Stock: Toth Financial Advisory Corp Raises Holdings

Toth Financial Advisory Corp increased its holdings in shares of Apple Inc. (NASDAQ:AAPL) by 52.9% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 138,578 shares of the iPhone maker’s stock after purchasing an additional 47,921 shares during the period. Apple accounts for approximately 4.4% of Toth Financial Advisory Corp’s holdings, making the stock its largest position. Toth Financial Advisory Corp’s holdings in Apple were worth $43,342,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Whalen Wealth Management Inc. grew its position in shares of Apple by 0.3% in the third quarter. Whalen Wealth Management Inc. now owns 21,628 shares of the iPhone maker’s stock valued at $7,202,000 after purchasing an additional 56 shares during the last quarter. City Center Advisors LLC lifted its holdings in Apple by 6.1% during the 3rd quarter. City Center Advisors LLC now owns 7,551 shares of the iPhone maker’s stock worth $2,515,000 after purchasing an additional 434 shares during the last quarter. HWG Holdings LP lifted its holdings in Apple by 65.2% during the 3rd quarter. HWG Holdings LP now owns 74,138 shares of the iPhone maker’s stock worth $24,689,000 after purchasing an additional 29,256 shares during the last quarter. Puff Wealth Management LLC lifted its holdings in Apple by 2.4% during the 3rd quarter. Puff Wealth Management LLC now owns 20,691 shares of the iPhone maker’s stock worth $6,890,000 after purchasing an additional 478 shares during the last quarter. Finally, KFA Private Wealth Group LLC boosted its stake in Apple by 4.0% in the 3rd quarter. KFA Private Wealth Group LLC now owns 18,695 shares of the iPhone maker’s stock valued at $6,226,000 after purchasing an additional 719 shares during the period. Institutional investors and hedge funds own 67.73% of the company’s stock.

Apple Price Performance

Shares of AAPL stock traded up $1.46 during trading on Friday, hitting $343.46. The company had a trading volume of 59,879,121 shares, compared to its average volume of 38,324,512. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.93 and a current ratio of 1.00. The firm has a market capitalization of $5.01 trillion, a P/E ratio of 39.39, a price-to-earnings-growth ratio of 2.71 and a beta of 1.07. The stock’s 50-day moving average price is $325.83 and its 200 day moving average price is $306.16. Apple Inc. has a one year low of $243.42 and a one year high of $348.15.

Apple (NASDAQ:AAPL) last issued its quarterly earnings results on Thursday, July 30th. The iPhone maker reported $2.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.89 by $0.13. Apple had a return on equity of 135.46% and a net margin of 27.62%. The business had revenue of $109.42 billion for the quarter, compared to the consensus estimate of $109.04 billion. During the same quarter in the prior year, the business posted $1.57 earnings per share. The firm’s quarterly revenue was up 16.4% compared to the same quarter last year. Equities analysts expect that Apple Inc. will post 8.75 EPS for the current fiscal year.

Apple Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, August 13th. Stockholders of record on Monday, August 10th were given a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Monday, August 10th. Apple’s dividend payout ratio is presently 12.39%.

Insider Buying and Selling

In other news, insider Timothy Cook sold 191,753 shares of the stock in a transaction on Friday, October 2nd. The stock was sold at an average price of $332.96, for a total transaction of $63,846,078.88. Following the sale, the insider directly owned 3,264,168 shares of the company’s stock, valued at approximately $1,086,837,377.28. This represents a 5.55% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, SVP Deirdre O’brien sold 46,389 shares of the firm’s stock in a transaction on Friday, October 2nd. The stock was sold at an average price of $333.42, for a total value of $15,467,020.38. Following the completion of the transaction, the senior vice president owned 136,810 shares in the company, valued at $45,615,190.20. The trade was a 25.32% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders have sold 281,782 shares of company stock valued at $93,740,172. 0.06% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of brokerages have commented on AAPL. BTIG Research began coverage on Apple in a report on Monday, August 17th. They issued a “neutral” rating on the stock. Weiss Ratings raised Apple from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, October 8th. Daiwa Securities Group lifted their target price on Apple from $325.00 to $335.00 and gave the stock an “outperform” rating in a report on Tuesday, August 11th. Oppenheimer reissued a “market perform” rating on shares of Apple in a research report on Thursday, September 10th. Finally, DA Davidson restated a “neutral” rating and issued a $270.00 price target on shares of Apple in a research note on Wednesday, September 2nd. One investment analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, fourteen have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $340.39.

Apple News Roundup

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple’s $1,999 iPhone Duo reportedly sold out within minutes of preorders opening, with delivery estimates pushed into 2027. The response suggests strong pricing power and could establish a significant new premium product category. Apple blames extraordinary demand as foldable iPhones sell out
• Positive Sentiment: Evercore ISI said the iPhone Duo’s extended lead times support its Buy rating and $380 price target. Investors view the launch as a potential catalyst for higher average selling prices and iPhone revenue. Apple early iPhone demand supports Buy rating
• Positive Sentiment: Apple and Meta are collaborating to run Meta’s 816-billion-parameter Muse Spark Open AI model locally on high-end Macs. The partnership may strengthen Mac demand for AI workloads and improve Apple’s AI positioning without requiring a competing mega-scale model. Apple and Meta team up on AI
• Neutral Sentiment: UBS cautioned that iPhone demand could weaken, highlighting the risk that strong initial foldable-phone interest may not translate into sustained volume. Apple’s roughly $5 trillion valuation also leaves the stock dependent on continued execution.
• Negative Sentiment: UK regulators are preparing a legal fight that could require Apple to give competing payment providers access to technology behind Apple Pay’s tap-to-pay functionality. A forced opening could weaken the payments ecosystem and create compliance costs. Apple set for UK legal fight over tap-to-pay rules
• Negative Sentiment: Apple faces ongoing concerns about lagging rivals in AI infrastructure and advanced assistants. Reports that some iPhone 18 Pro component orders were reduced add to questions about future handset demand.
• Negative Sentiment: Senior Vice President Jennifer Newstead sold 2,399 shares worth approximately $828,000. The transaction is small relative to Apple’s size but represents another insider sale and may have modest signaling value.

Apple Company Profile

Apple Inc is a technology company that designs, develops and markets consumer electronics, software and digital services. Its best-known products include the iPhone smartphone, Mac personal computers, iPad tablets, Apple Watch, AirPods and other accessories. The company also develops operating systems and software platforms, including iOS, macOS, iPadOS, watchOS and visionOS.

Apple’s services business includes the App Store, Apple Music, Apple TV+, Apple Arcade, Apple News+, Apple Fitness+ and iCloud.