Apple Inc. $AAPL Stock Holdings Lifted by Winthrop Advisory Group LLC

Winthrop Advisory Group LLC boosted its stake in Apple Inc. (NASDAQ:AAPL) by 11.8% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 171,711 shares of the iPhone maker’s stock after purchasing an additional 18,122 shares during the quarter. Apple comprises 3.5% of Winthrop Advisory Group LLC’s investment portfolio, making the stock its 10th biggest position. Winthrop Advisory Group LLC’s holdings in Apple were worth $57,183,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Lighthouse Financial LLC grew its stake in Apple by 55.3% during the third quarter. Lighthouse Financial LLC now owns 22,666 shares of the iPhone maker’s stock worth $7,548,000 after buying an additional 8,070 shares in the last quarter. Towercrest Capital Management increased its holdings in Apple by 0.8% in the 3rd quarter. Towercrest Capital Management now owns 33,984 shares of the iPhone maker’s stock valued at $11,317,000 after buying an additional 257 shares during the period. Capital Investment Advisors LLC increased its holdings in Apple by 0.7% in the 3rd quarter. Capital Investment Advisors LLC now owns 490,862 shares of the iPhone maker’s stock valued at $163,467,000 after buying an additional 3,273 shares during the period. Atala Financial Inc increased its holdings in Apple by 13.7% in the 3rd quarter. Atala Financial Inc now owns 12,821 shares of the iPhone maker’s stock valued at $4,270,000 after buying an additional 1,549 shares during the period. Finally, Fifth Third Wealth Advisors LLC raised its position in shares of Apple by 0.5% in the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 422,064 shares of the iPhone maker’s stock valued at $140,556,000 after buying an additional 2,142 shares in the last quarter. Institutional investors own 67.73% of the company’s stock.

Apple Stock Performance

Apple stock opened at $354.88 on Friday. The company has a quick ratio of 0.94, a current ratio of 1.02 and a debt-to-equity ratio of 0.61. The stock has a market cap of $5.16 trillion, a PE ratio of 39.56, a P/E/G ratio of 3.42 and a beta of 1.07. Apple Inc. has a 12-month low of $243.42 and a 12-month high of $359.37. The business’s 50-day moving average price is $338.48 and its two-hundred day moving average price is $300.56.

Apple (NASDAQ:AAPL) last posted its earnings results on Monday, November 2nd. The iPhone maker reported $2.10 EPS for the quarter, topping analysts’ consensus estimates of $1.99 by $0.11. Apple had a net margin of 27.60% and a return on equity of 125.35%. The firm had revenue of $114.48 billion during the quarter, compared to analysts’ expectations of $113.40 billion. During the same quarter in the prior year, the business earned $1.85 earnings per share. The business’s revenue for the quarter was up 11.7% compared to the same quarter last year. As a group, analysts expect that Apple Inc. will post 9.45 earnings per share for the current fiscal year.

Apple Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 16th. Investors of record on Thursday, November 12th will be given a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Thursday, November 12th. Apple’s dividend payout ratio is currently 12.04%.

Insider Activity at Apple

In other Apple news, SVP Jennifer Newstead sold 2,399 shares of the firm’s stock in a transaction that occurred on Tuesday, October 6th. The shares were sold at an average price of $332.01, for a total value of $796,491.99. Following the sale, the senior vice president owned 39,593 shares in the company, valued at $13,145,271.93. This trade represents a 5.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO John Ternus sold 25,412 shares of the business’s stock in a transaction on Friday, October 2nd. The stock was sold at an average price of $332.94, for a total transaction of $8,460,671.28. Following the sale, the chief executive officer directly owned 59,567 shares in the company, valued at approximately $19,832,236.98. The trade was a 29.90% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 292,611 shares of company stock valued at $97,482,597 in the last quarter. 0.06% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

AAPL has been the subject of a number of recent analyst reports. Raymond James Financial reaffirmed a “market perform” rating on shares of Apple in a report on Tuesday, November 3rd. Needham & Company LLC reissued a “hold” rating on shares of Apple in a research note on Thursday, October 1st. The Goldman Sachs Group set a $380.00 price objective on shares of Apple in a research note on Wednesday, November 4th. KeyCorp restated an “underweight” rating on shares of Apple in a research report on Thursday. Finally, Citigroup restated a “buy” rating on shares of Apple in a research note on Thursday, September 10th. Two research analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, twelve have issued a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $347.11.

Key Stories Impacting Apple

Investors following AAPL have been watching these stories:

• Positive Sentiment: Apple recently reached a record high, with one analyst describing the stock as a “safe haven” amid market turmoil. CIBC also included AAPL among its post-election stock picks. Apple Stock Called ‘Safe Haven,’ Hits Record High
• Negative Sentiment: Higher memory-chip prices are a near-term margin risk. Apple’s December-quarter gross-margin outlook was reported below analyst expectations, despite record quarterly sales, raising concerns that component costs could weigh on profitability. Why Apple Stock Fell Despite a Record Quarter
• Negative Sentiment: Some analysts and investors view AAPL as expensive after its strong run, while recent coverage shows disagreement on the outlook, including a DZ Bank downgrade to Sell. Rich valuation leaves less room for disappointment. Apple Shares Look Expensive Heading into 2027

About Apple

Apple Inc. designs, manufactures and markets consumer electronics, software and digital services. Its products include the iPhone, Mac computers, iPad, Apple Watch and AirPods, along with operating systems and applications such as iOS, macOS and iPadOS. The company also offers services including the App Store, Apple Music, Apple TV+, iCloud and Apple Pay. These products and services are integrated across Apple’s devices and are sold to consumers, businesses and institutions around the world. Founded in 1976 and headquartered in Cupertino, California, Apple serves customers globally through online and retail stores, wireless carriers and other resellers.