Burns J W & Co. Inc. NY Has $78.99 Million Holdings in Apple Inc. $AAPL

Burns J W & Co. Inc. NY cut its stake in shares of Apple Inc. (NASDAQ:AAPL) by 2.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 310,198 shares of the iPhone maker’s stock after selling 6,188 shares during the period. Apple comprises approximately 8.9% of Burns J W & Co. Inc. NY’s investment portfolio, making the stock its largest holding. Burns J W & Co. Inc. NY’s holdings in Apple were worth $78,986,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently bought and sold shares of the company. Kingstone Capital Partners Texas LLC boosted its stake in shares of Apple by 573,627.2% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 205,692,660 shares of the iPhone maker’s stock worth $39,065,374,000 after buying an additional 205,656,808 shares during the last quarter. Norges Bank bought a new stake in Apple during the second quarter worth $38,942,255,000. Nuveen LLC bought a new stake in Apple during the first quarter worth $17,472,482,000. PKS Advisory Services LLC boosted its position in Apple by 98,917.0% in the second quarter. PKS Advisory Services LLC now owns 57,956,620 shares of the iPhone maker’s stock worth $12,106,000 after purchasing an additional 57,898,088 shares during the last quarter. Finally, Laurel Wealth Advisors LLC grew its stake in Apple by 20,464.8% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 27,069,029 shares of the iPhone maker’s stock valued at $5,553,753,000 after purchasing an additional 26,937,401 shares during the period. 67.73% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple’s move to run Google’s Gemini models for Siri and Apple Intelligence is being framed as a major capability boost that should accelerate Apple’s AI roadmap and services monetization. Siri to Get Smarter With Gemini: The ETF Playbook for Investors
• Positive Sentiment: Apple launched Creator Studio — a $12.99/mo bundle for creators — which targets higher-margin recurring services revenue and competitive ground vs. Adobe. This supports the services-growth narrative. Apple bundles creative apps into $13-a-month subscription
• Positive Sentiment: Bullish analyst commentary persists (e.g., Dan Ives projecting material upside), which keeps conviction among growth-oriented investors despite recent pullbacks. How Apple Stock Could Add $100 Per Share in 2026 and Beyond
• Neutral Sentiment: Goldman Sachs’ move away from Apple Card highlights shifting dynamics in Apple’s financial-services partnership; it’s more a partner/earnings update for Goldman than an immediate earnings shock for Apple. Goldman Sachs Leans Into Post-Apple Card Strategy
• Negative Sentiment: India has issued a final warning and signaled it may proceed with an antitrust case — a development that raises regulatory and potential fines risk in a large growth market. India warns Apple it will proceed with antitrust case
• Negative Sentiment: Press reports flag a potential multi‑billion fine scenario and ongoing antitrust scrutiny in India — headline risk that can weigh on sentiment even if outcomes are uncertain. Apple Stock Unfazed despite Potential $38 Billion Fine from India
• Negative Sentiment: Supply-chain pressures: soaring memory/storage prices and shortages of a chipboard material could raise component costs or constrain production for some products. That’s a margin and supply-risk headwind to watch. Apple and tech hardware stocks face ‘crisis’ as memory prices soar AI Demand Triggers Chip Material Shortage for Apple
• Negative Sentiment: Some investors/strategists view the Google Gemini deal as evidence of Apple’s reliance on external AI providers — a critique that raises questions about Apple’s competitive independence and long-term foundation-model strategy. Cathie Wood’s ARK: Apple’s reliance on Google for AI signals deeper trouble

Apple Stock Performance

Shares of AAPL stock opened at $258.21 on Friday. The firm’s 50 day moving average is $272.05 and its 200 day moving average is $248.13. The stock has a market capitalization of $3.80 trillion, a P/E ratio of 34.57, a PEG ratio of 2.43 and a beta of 1.09. Apple Inc. has a 12 month low of $169.21 and a 12 month high of $288.62. The company has a current ratio of 0.89, a quick ratio of 0.86 and a debt-to-equity ratio of 1.06.

Apple (NASDAQ:AAPL) last issued its earnings results on Thursday, October 30th. The iPhone maker reported $1.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.74 by $0.11. The business had revenue of $102.47 billion for the quarter, compared to analysts’ expectations of $101.65 billion. Apple had a net margin of 26.92% and a return on equity of 164.05%. The business’s revenue for the quarter was up 8.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.64 EPS. On average, sell-side analysts anticipate that Apple Inc. will post 7.28 earnings per share for the current year.

Apple Announces Dividend

The business also recently disclosed 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. The ex-dividend date of this dividend was Monday, November 10th. This represents a $1.04 dividend on an annualized basis and a yield of 0.4%. Apple’s dividend payout ratio is 13.92%.

Insider Transactions at Apple

In other Apple news, insider Chris Kondo sold 3,752 shares of the firm’s stock in a transaction dated Friday, November 7th. The stock was sold at an average price of $271.23, for a total value of $1,017,654.96. Following the completion of the transaction, the insider owned 15,098 shares in the company, valued at $4,095,030.54. This trade represents a 19.90% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.06% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on AAPL. Raymond James Financial reiterated a “market perform” rating on shares of Apple in a research note on Friday, January 2nd. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Apple in a research report on Wednesday, December 3rd. Wedbush reiterated an “outperform” rating and issued a $350.00 target price on shares of Apple in a research note on Monday. Evercore ISI restated an “outperform” rating and set a $330.00 price target (up previously from $325.00) on shares of Apple in a research note on Friday, January 9th. Finally, UBS Group reaffirmed a “neutral” rating on shares of Apple in a report on Tuesday, January 6th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $284.07.

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.