Elevation Wealth Partners LLC Has $8.41 Million Stock Position in Apple Inc. $AAPL

Elevation Wealth Partners LLC grew its position in shares of Apple Inc. (NASDAQ:AAPL) by 13.5% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 33,044 shares of the iPhone maker’s stock after buying an additional 3,923 shares during the quarter. Apple accounts for 3.0% of Elevation Wealth Partners LLC’s holdings, making the stock its 7th biggest position. Elevation Wealth Partners LLC’s holdings in Apple were worth $8,414,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of AAPL. Security Financial Services INC. increased its position in shares of Apple by 1.3% during the third quarter. Security Financial Services INC. now owns 43,565 shares of the iPhone maker’s stock valued at $11,093,000 after acquiring an additional 538 shares during the last quarter. HBK Sorce Advisory LLC boosted its position in Apple by 15.4% in the third quarter. HBK Sorce Advisory LLC now owns 392,394 shares of the iPhone maker’s stock worth $101,261,000 after purchasing an additional 52,506 shares during the last quarter. S.A. Mason LLC grew its stake in Apple by 0.8% in the 3rd quarter. S.A. Mason LLC now owns 21,740 shares of the iPhone maker’s stock valued at $5,536,000 after purchasing an additional 173 shares during the period. West Financial Advisors LLC increased its position in shares of Apple by 1.7% during the 3rd quarter. West Financial Advisors LLC now owns 18,498 shares of the iPhone maker’s stock valued at $4,710,000 after purchasing an additional 304 shares during the last quarter. Finally, Dougherty Wealth Advisers LLC increased its position in shares of Apple by 1.1% during the 3rd quarter. Dougherty Wealth Advisers LLC now owns 22,174 shares of the iPhone maker’s stock valued at $5,646,000 after purchasing an additional 248 shares during the last quarter. 67.73% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on AAPL. DZ Bank raised shares of Apple from a “hold” rating to a “buy” rating and set a $300.00 price target on the stock in a report on Tuesday, November 4th. Citigroup reiterated a “buy” rating and issued a $330.00 target price (up from $315.00) on shares of Apple in a research note on Tuesday, December 9th. Evercore ISI reissued an “outperform” rating and set a $325.00 target price (up from $300.00) on shares of Apple in a research report on Monday, December 8th. Loop Capital reaffirmed a “buy” rating and issued a $325.00 price target (up previously from $315.00) on shares of Apple in a report on Tuesday, December 2nd. Finally, Bank of America upped their price objective on Apple from $270.00 to $320.00 and gave the company a “buy” rating in a research note on Wednesday, October 29th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $283.92.

Apple Price Performance

Shares of NASDAQ AAPL opened at $273.00 on Wednesday. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.86 and a current ratio of 0.89. Apple Inc. has a fifty-two week low of $169.21 and a fifty-two week high of $288.62. The stock has a market cap of $4.03 trillion, a PE ratio of 36.55, a price-to-earnings-growth ratio of 2.56 and a beta of 1.10. The stock has a fifty day moving average of $272.98 and a 200-day moving average of $243.39.

Apple (NASDAQ:AAPL) last issued its earnings results on Thursday, October 30th. The iPhone maker reported $1.85 EPS for the quarter, topping the consensus estimate of $1.74 by $0.11. Apple had a return on equity of 164.05% and a net margin of 26.92%.The business had revenue of $102.47 billion during the quarter, compared to the consensus estimate of $101.65 billion. During the same quarter last year, the company earned $1.64 EPS. The firm’s revenue was up 8.7% compared to the same quarter last year. Equities research analysts anticipate that Apple Inc. will post 7.28 earnings per share for the current year.

Apple Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, November 13th. Investors of record on Monday, November 10th were issued a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend was Monday, November 10th. Apple’s dividend payout ratio is 13.92%.

Trending Headlines about Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Analysts and bull case: multiple firms lifted targets and reiterations point to upside from iPhone strength, services growth and potential AI monetization in 2026 — some price targets sit well above the current price, supporting a constructive view. Why Apple Might Attract More of an AI Multiple in 2026
• Positive Sentiment: Buybacks & revenue outlook: Apple’s large 2025 buyback program and guidance point to improving EPS and a return to stronger revenue growth into fiscal 2026, which supports valuation and long‑term upside. Apple Is Likely to Return to Double-Digit Revenue Growth
• Neutral Sentiment: Options & range trading: Traders note AAPL has been rangebound; some market participants are generating income via selling out‑of‑the‑money puts (a neutral/constructive tactical trade if you expect limited near‑term downside). Shorting Puts Is The Best Play
• Neutral Sentiment: AI rotation theme: Market commentary highlights a shift from AI infrastructure to application‑layer winners; Apple is positioned as a distribution‑first player but is viewed as a later AI monetizer rather than an early infrastructure spender. The Application-Layer Rotation
• Negative Sentiment: Siri/AI execution concerns: Reporting says Apple missed a planned Siri generative‑AI update and faces perceptions of lagging rivals — this heightens investor worry that Apple must deliver compelling AI features to drive upgrades and multiple expansion. Apple needs to deliver an AI-charged Siri
• Negative Sentiment: Cautionary research and insider/large‑holder selling: Critical takes argue limited near‑term growth, and reporting shows significant sales by insiders and reductions by Berkshire/Buffett — both can weigh on sentiment and create selling pressure. The 76-Year-Old Reason Why Buffett Has Been Selling Apple & QuiverQuant insider/flow summary
• Negative Sentiment: Bearish/valuation concerns: Some articles warn limited upside near term and urge caution on growth expectations given heavy competition in AI and elevated multiples. Apple: Don’t Expect Much Growth Here

Insiders Place Their Bets

In other news, SVP Deirdre O’brien sold 43,013 shares of the company’s stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of $257.39, for a total value of $11,071,116.07. Following the transaction, the senior vice president owned 136,687 shares of the company’s stock, valued at approximately $35,181,866.93. This represents a 23.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Chris Kondo sold 3,752 shares of Apple stock in a transaction on Friday, November 7th. The shares were sold at an average price of $271.23, for a total value of $1,017,654.96. Following the sale, the insider directly owned 15,098 shares of the company’s stock, valued at $4,095,030.54. This represents a 19.90% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 228,052 shares of company stock worth $58,604,588. Company insiders own 0.06% of the company’s stock.

About Apple

Apple Inc (NASDAQ: AAPL) is a multinational technology company headquartered in Cupertino, California, founded in 1976 by Steve Jobs, Steve Wozniak and Ronald Wayne. The company designs, develops and sells consumer electronics, software and services. Over its history Apple has evolved from personal computers to a broad portfolio that spans mobile devices, wearables, home entertainment and digital services.

Apple’s principal hardware products include the iPhone smartphone, iPad tablet, Mac personal computers, Apple Watch wearable devices and a range of accessories such as AirPods and HomePod.