Apple Inc. $AAPL Stock Holdings Raised by Root Financial Partners LLC

Root Financial Partners LLC raised its holdings in shares of Apple Inc. (NASDAQ:AAPL) by 5.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 133,250 shares of the iPhone maker’s stock after buying an additional 7,151 shares during the quarter. Apple comprises 1.5% of Root Financial Partners LLC’s investment portfolio, making the stock its 17th largest holding. Root Financial Partners LLC’s holdings in Apple were worth $44,375,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Prospect Hill Management LLC bought a new position in shares of Apple during the 2nd quarter worth approximately $146,370,000. Focus Partners Advisor Solutions LLC bought a new stake in Apple in the second quarter valued at $168,646,000. Wealthfront Advisers LLC bought a new stake in Apple in the second quarter valued at $482,388,000. Satovsky Asset Management LLC acquired a new position in Apple during the second quarter worth $16,064,000. Finally, Gouws Capital LLC raised its stake in Apple by 136.9% during the third quarter. Gouws Capital LLC now owns 37,504 shares of the iPhone maker’s stock worth $12,490,000 after acquiring an additional 21,676 shares in the last quarter. 67.73% of the stock is owned by institutional investors.

Apple News Roundup

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple has held up better than many Big Tech peers and recently reached record territory, with investors appearing to favor its restrained AI infrastructure spending compared with peers’ heavy investment. That approach may help preserve cash and margins, though it also raises questions about its AI competitiveness. Apple Is Holding Strong While Big Tech Sells Off. Is It Next?
• Positive Sentiment: Apple Intelligence cleared a regulatory step for use on tablets and laptops in China, potentially expanding the service’s reach in a key market. Apple Intelligence registers with Chinese regulator
• Neutral Sentiment: Apple is reportedly holding capital spending steady while rivals accelerate AI infrastructure investment. This could support cash generation, but investors may also question whether the company is investing enough to keep pace in AI. Apple holds capex steady as peers accelerate AI infrastructure buildout
• Negative Sentiment: Binance warned that an iOS vulnerability could allow malicious apps to access data from other apps, potentially exposing crypto-wallet keys and credentials. Uncertainty over affected versions and whether updates resolve the flaw could create security and reputational concerns. Binance warns iOS flaw could expose crypto wallet keys
• Negative Sentiment: Reports of worker deaths at an Indian supplier and an ensuing investigation raise potential supply-chain, operational and reputational risks as Apple expands manufacturing in India. Apple faces major supplier investigation after 3 worker deaths
• Negative Sentiment: Valuation concerns and a reported memory-cost squeeze could pressure expectations. KeyCorp also cut its fiscal 2027 EPS forecast to $8.34 from $9.08 and maintains an Underweight rating with a $250 price target, well below the consensus forecast cited in the report. Apple Is Above $5 Trillion After Its First-Ever Close Above $350

Insider Transactions at Apple

In other news, SVP Jennifer Newstead sold 2,399 shares of the company’s stock in a transaction that occurred on Tuesday, November 3rd. The shares were sold at an average price of $325.75, for a total transaction of $781,474.25. Following the transaction, the senior vice president directly owned 29,997 shares in the company, valued at approximately $9,771,522.75. This represents a 7.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Ben Borders sold 1,280 shares of the stock in a transaction that occurred on Friday, October 16th. The shares were sold at an average price of $345.40, for a total transaction of $442,112.00. Following the sale, the insider directly owned 38,288 shares in the company, valued at $13,224,675.20. This trade represents a 3.23% decrease in their ownership of the stock. 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. In the last ninety days, insiders have sold 290,212 shares of company stock worth $96,639,685. Corporate insiders own 0.06% of the company’s stock.

Apple Price Performance

Apple stock opened at $348.56 on Wednesday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.94 and a current ratio of 1.02. The firm has a market cap of $5.07 trillion, a P/E ratio of 38.86, a P/E/G ratio of 3.38 and a beta of 1.07. The business’s fifty day moving average is $337.27 and its two-hundred day moving average is $299.52. Apple Inc. has a 52 week low of $243.42 and a 52 week high of $355.38.

Apple (NASDAQ:AAPL) last announced its earnings results on Monday, November 2nd. The iPhone maker reported $2.10 EPS for the quarter, topping the consensus estimate of $1.99 by $0.11. Apple had a return on equity of 125.35% and a net margin of 27.60%. The company had revenue of $114.48 billion for 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% on a year-over-year basis. Equities research analysts forecast that Apple Inc. will post 9.44 earnings per share for the current fiscal year.

Apple Dividend Announcement

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

Analysts Set New Price Targets

A number of brokerages have issued reports on AAPL. HSBC reissued a “buy” rating on shares of Apple in a report on Tuesday, October 27th. Raymond James Financial reiterated a “market perform” rating on shares of Apple in a research report on Tuesday, November 3rd. TD Cowen cut their price target on shares of Apple from $400.00 to $390.00 and set a “buy” rating for the company in a report on Tuesday, November 3rd. JPMorgan Chase & Co. cut their price target on shares of Apple from $360.00 to $355.00 and set an “overweight” rating for the company in a report on Tuesday, November 3rd. Finally, DZ Bank lowered shares of Apple from a “hold” rating to a “sell” rating and set a $300.00 price target on the stock. in a research report on Wednesday, November 4th. Two research analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating, thirteen have issued a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $343.74.

Apple Profile

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.