Apple Inc. $AAPL Stock Holdings Increased by Tanager Wealth Management LLP

Tanager Wealth Management LLP lifted its stake in shares of Apple Inc. (NASDAQ:AAPL) by 3.4% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 69,765 shares of the iPhone maker’s stock after buying an additional 2,281 shares during the quarter. Apple comprises about 1.9% of Tanager Wealth Management LLP’s investment portfolio, making the stock its 15th biggest position. Tanager Wealth Management LLP’s holdings in Apple were worth $23,233,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of AAPL. Highland Financial Advisors LLC grew its stake in Apple by 5.2% in the 3rd quarter. Highland Financial Advisors LLC now owns 8,079 shares of the iPhone maker’s stock valued at $2,691,000 after buying an additional 400 shares during the last quarter. Value Partners Investments Inc. lifted its position in Apple by 10.3% during the third quarter. Value Partners Investments Inc. now owns 1,931 shares of the iPhone maker’s stock worth $645,000 after acquiring an additional 180 shares during the last quarter. Fairvoy Private Wealth LLC lifted its position in Apple by 2.4% during the third quarter. Fairvoy Private Wealth LLC now owns 44,576 shares of the iPhone maker’s stock worth $14,845,000 after acquiring an additional 1,025 shares during the last quarter. Clark Financial Services Group Inc. BD lifted its position in Apple by 1.1% during the third quarter. Clark Financial Services Group Inc. BD now owns 27,189 shares of the iPhone maker’s stock worth $9,055,000 after acquiring an additional 289 shares during the last quarter. Finally, Hidden Cove Wealth Management LLC boosted its holdings in shares of Apple by 1.5% during the third quarter. Hidden Cove Wealth Management LLC now owns 28,712 shares of the iPhone maker’s stock worth $9,562,000 after acquiring an additional 431 shares during the period. Institutional investors own 67.73% of the company’s stock.

Wall Street Analysts Forecast Growth

AAPL has been the topic of several research reports. Citic Securities upped their target price on Apple from $300.00 to $349.00 in a research report on Thursday, August 6th. Citigroup reissued a “buy” rating on shares of Apple in a report on Thursday, September 10th. Royal Bank Of Canada set a $365.00 price target on Apple in a report on Wednesday, July 15th. Weiss Ratings upgraded Apple from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, October 8th. Finally, Jefferies Financial Group restated an “underperform” rating on shares of Apple in a research note on Wednesday, September 9th. One research analyst has rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating, fifteen have assigned 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 target price of $343.28.

Insider Buying and Selling

In related news, SVP Deirdre O’brien sold 46,389 shares of the business’s stock in a transaction that occurred 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 sale, the senior vice president directly owned 136,810 shares in the company, valued at approximately $45,615,190.20. The trade was a 25.32% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Ben Borders sold 1,280 shares of the business’s stock in a transaction that occurred on Friday, October 16th. The shares were sold at an average price of $345.40, for a total value of $442,112.00. Following the completion of the sale, the insider owned 38,288 shares of the company’s stock, valued at approximately $13,224,675.20. This trade represents a 3.23% decrease in their ownership of the stock. 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. Insiders sold 289,252 shares of company stock valued at $96,301,063 in the last quarter. Corporate insiders own 0.06% of the company’s stock.

Apple Price Performance

NASDAQ:AAPL opened at $331.90 on Wednesday. Apple Inc. has a 52 week low of $243.42 and a 52 week high of $351.73. 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’s 50-day simple moving average is $334.05 and its 200 day simple moving average is $297.13. The firm has a market cap of $4.84 trillion, a price-to-earnings ratio of 37.00, a P/E/G ratio of 2.82 and a beta of 1.07.

Apple (NASDAQ:AAPL) last posted its quarterly earnings data on Monday, November 2nd. The iPhone maker reported $2.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.99 by $0.11. Apple had a net margin of 27.60% and a return on equity of 128.88%. The firm had revenue of $114.48 billion during the quarter, compared to the consensus estimate of $113.40 billion. During the same quarter in the previous year, the firm posted $1.85 EPS. The business’s revenue for the quarter was up 11.7% compared to the same quarter last year. As a group, sell-side analysts predict that Apple Inc. will post 9.56 earnings per share for the current year.

Apple Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 16th. Stockholders of record on Thursday, November 12th will be given a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Thursday, November 12th. Apple’s payout ratio is presently 12.39%.

Trending Headlines about Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple reported record September-quarter revenue of $114.48 billion, up 11.7% year over year, and EPS of $2.10, beating analyst estimates. Strong iPhone demand—iPhone revenue rose 17.5%—and Mac sales helped drive the results. Apple Q4 Earnings Beat Estimates, iPhone Drives Top-Line Growth
• Positive Sentiment: Bank of America reiterated its Buy rating, arguing that investors should look beyond near-term margin pressure to Apple’s longer-term opportunity. Buy Apple Stock After Earnings, Says Bank of America
• Negative Sentiment: The main pressure is Apple’s forecast for a 45%–46% gross margin in the holiday quarter, below the recent quarter’s 47.9%. Management cited sharply higher memory-chip costs and spending tied to Siri AI; investors worry these expenses will limit profit growth even with strong sales. Apple Shares Slide as Higher Memory Costs Fuel Margin Concerns
• Negative Sentiment: Investors also saw softer signals beneath the headline beat: services growth is expected to slow, China revenue missed expectations, and higher component costs are being accompanied by increased inventory and supplier commitments. The stock’s premium valuation may make it more vulnerable if growth or margins disappoint. Apple Growth, Margins Likely Face Pressure in 2027, UBS Says

Apple Profile

Apple Inc designs, develops and sells 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 applications that support its hardware ecosystem.

Apple’s services business includes the App Store, Apple Music, Apple TV, Apple Arcade, iCloud, Apple Pay and other subscription, payment and digital-content offerings.