Apple Inc. $AAPL Stake Raised by Toth Financial Advisory Corp

Toth Financial Advisory Corp boosted its holdings in shares of Apple Inc. (NASDAQ:AAPL) by 52.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 138,578 shares of the iPhone maker’s stock after purchasing an additional 47,921 shares during the period. Apple comprises approximately 4.4% of Toth Financial Advisory Corp’s investment portfolio, making the stock its biggest position. Toth Financial Advisory Corp’s holdings in Apple were worth $43,342,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Prospect Hill Management LLC acquired a new stake in shares of Apple in the 2nd quarter valued at approximately $146,370,000. Focus Partners Advisor Solutions LLC acquired a new position in Apple during the 2nd quarter worth approximately $168,646,000. Wealthfront Advisers LLC acquired a new position in Apple during the 2nd quarter worth approximately $482,388,000. Satovsky Asset Management LLC acquired a new position in Apple during the 2nd quarter worth approximately $16,064,000. Finally, Saranac Partners Ltd bought a new position in Apple in the 2nd quarter valued at approximately $9,513,000. Institutional investors and hedge funds own 67.73% of the company’s stock.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. CICC Research raised their target price on shares of Apple from $310.00 to $340.00 and gave the company an “outperform” rating in a research report on Tuesday, August 4th. Raymond James Financial reaffirmed a “market perform” rating on shares of Apple in a research note on Friday, July 31st. Robert W. Baird upped their price target on shares of Apple from $310.00 to $330.00 and gave the stock an “outperform” rating in a report on Friday, July 24th. Rosenblatt Securities reiterated a “neutral” rating and issued a $303.00 price target on shares of Apple in a research note on Thursday, September 10th. Finally, Piper Sandler began coverage on Apple in a research note on Monday, August 17th. They issued an “overweight” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, fourteen have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $340.39.

More Apple News

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 Trading Up 0.4%

Shares of Apple stock traded up $1.46 on Friday, hitting $343.46. The stock had a trading volume of 59,879,121 shares, compared to its average volume of 38,324,512. The stock has a 50 day moving average of $325.83 and a 200 day moving average of $306.16. Apple Inc. has a twelve month low of $243.42 and a twelve month high of $348.15. 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 PEG ratio of 2.71 and a beta of 1.07.

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

Apple Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 13th. Shareholders of record on Monday, August 10th were given a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 0.3%. The ex-dividend date was Monday, August 10th. Apple’s dividend payout ratio is 12.39%.

Insider Buying and Selling at Apple

In related news, SVP Jennifer Newstead sold 2,399 shares of the business’s stock in a transaction on Tuesday, September 29th. The shares were sold at an average price of $336.18, for a total value of $806,495.82. Following the sale, the senior vice president owned 41,992 shares of the company’s stock, valued at $14,116,870.56. The trade was a 5.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO John Ternus sold 25,412 shares of the stock in a transaction on Friday, October 2nd. The shares were sold at an average price of $332.94, for a total value of $8,460,671.28. Following the completion of the sale, the chief executive officer owned 59,567 shares of the company’s stock, valued at $19,832,236.98. The trade was a 29.90% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 281,782 shares of company stock worth $93,740,172 over the last ninety days. Insiders own 0.06% of the company’s stock.

Apple 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.