Endeavor Private Wealth Inc. grew its holdings in Apple Inc. (NASDAQ:AAPL – Free Report) by 39.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 12,138 shares of the iPhone maker’s stock after acquiring an additional 3,441 shares during the period. Endeavor Private Wealth Inc.’s holdings in Apple were worth $3,091,000 as of its most recent SEC filing.
Other institutional investors have also recently added to or reduced their stakes in the company. Earned Wealth Advisors LLC grew its stake in shares of Apple by 2.3% in the third quarter. Earned Wealth Advisors LLC now owns 103,917 shares of the iPhone maker’s stock valued at $26,460,000 after buying an additional 2,321 shares in the last quarter. Asset Management One Co. Ltd. boosted its holdings in Apple by 0.5% in the 3rd quarter. Asset Management One Co. Ltd. now owns 6,594,086 shares of the iPhone maker’s stock worth $1,679,052,000 after acquiring an additional 32,252 shares during the period. Boyce & Associates Wealth Consulting Inc. grew its position in Apple by 196.3% in the third quarter. Boyce & Associates Wealth Consulting Inc. now owns 28,750 shares of the iPhone maker’s stock valued at $7,321,000 after acquiring an additional 19,046 shares in the last quarter. 4J Wealth Management LLC raised its stake in shares of Apple by 3.1% during the third quarter. 4J Wealth Management LLC now owns 17,266 shares of the iPhone maker’s stock valued at $4,396,000 after purchasing an additional 521 shares during the period. Finally, Citrine Capital LLC lifted its position in shares of Apple by 12.5% during the third quarter. Citrine Capital LLC now owns 3,666 shares of the iPhone maker’s stock worth $933,000 after purchasing an additional 406 shares in the last quarter. 67.73% of the stock is owned by hedge funds and other institutional investors.
Apple Stock Up 0.3%
Shares of Apple stock opened at $248.35 on Friday. The company has a quick ratio of 0.86, a current ratio of 0.89 and a debt-to-equity ratio of 1.06. The firm has a market cap of $3.65 trillion, a P/E ratio of 33.25, a P/E/G ratio of 2.32 and a beta of 1.09. Apple Inc. has a fifty-two week low of $169.21 and a fifty-two week high of $288.62. The business has a 50-day moving average price of $269.93 and a 200 day moving average price of $249.53.
Apple Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, November 13th. Shareholders of record on Monday, November 10th were issued a $0.26 dividend. 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 payout ratio is currently 13.92%.
Insider Buying and Selling
In other Apple news, insider Chris Kondo sold 3,752 shares of the business’s stock in a transaction on Friday, November 7th. The shares were sold at an average price of $271.23, for a total transaction of $1,017,654.96. Following the completion of the sale, the insider owned 15,098 shares in the company, valued at $4,095,030.54. The trade was a 19.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.06% of the stock is currently owned by corporate insiders.
Apple News Summary
Here are the key news stories impacting Apple this week:
- Positive Sentiment: Multiple reports say Apple will turn Siri into a ChatGPT-style chatbot (reportedly using Google’s Gemini) later this year — a major AI product pivot that could re-accelerate services engagement and investor sentiment. Bloomberg: Apple to revamp Siri as a built-in chatbot
- Positive Sentiment: Reports that Apple is developing an AI wearable “pin” (screenless assistant) and racing to match OpenAI/others add another potential new hardware revenue stream and extend Apple’s AI narrative. Product optionality tends to support higher multiples if execution follows. TechCrunch: Apple developing an AI wearable
- Positive Sentiment: Counterpoint/market reports show Apple regained top smartphone share in China with >28% shipment growth in Q4 — a strong regional performance that supports iPhone unit/ASP assumptions going into earnings. Reuters/24/7 Wall St.: Apple’s surge in China
- Positive Sentiment: Analyst support is building: Evercore added Apple to a tactical outperform list and bullish price targets (and other firms reiterated confidence), which can amplify any positive earnings surprise. Evercore reaffirmation / analyst coverage
- Positive Sentiment: MarketBeat and others argue Apple’s sell-off looks oversold technically (RSI at multiyear lows) and fundamentals remain intact — this sets up a potentially asymmetric upside into earnings if results beat. MarketBeat: Sell-off may be overdone
- Neutral Sentiment: Multiple previews and threads outline accounting items and expectations ahead of the Jan. 29 report — important for short-term volatility but outcome-dependent. Zacks: Wall Street earnings expectations
- Neutral Sentiment: Jim Cramer and other commentators are defending Apple/Big Tech exposure and debating the recent pullback — helpful for sentiment but not a direct fundamental driver. CNBC: Jim Cramer on Magnificent Seven
- Neutral Sentiment: Apple/Netflix Best Picture nomination and Funding Circle adding Apple Pay listings are PR/brand positives but unlikely to move the stock materially. Benzinga: Oscar nominations
- Negative Sentiment: Apple asked an Indian court to block the competition authority from seeking global financials in an app-store probe — prolonged regulatory fights could raise compliance costs and create uncertainty in a key growth market. Reuters: Apple asks Indian court to stop antitrust body
- Negative Sentiment: Apple China announced short-term discounts on products — could provide a sales boost but may signal promotional pressure or slowing near-term demand in the region. Reuters: Apple China discounts
- Negative Sentiment: Portfolio moves (e.g., Cypress Funds trimming ~29k shares) and macro shocks (tariff/geopolitical fears linked to market drops) add selling pressure into earnings season. TipRanks: Cypress Funds cuts stake
Wall Street Analyst Weigh In
AAPL has been the subject of a number of recent analyst reports. Raymond James Financial reaffirmed a “market perform” rating on shares of Apple in a report on Friday, January 2nd. Wall Street Zen cut shares of Apple from a “buy” rating to a “hold” rating in a research report on Sunday, November 9th. Bank of America lifted their target price on Apple from $270.00 to $320.00 and gave the stock a “buy” rating in a research report on Wednesday, October 29th. DZ Bank upgraded Apple from a “hold” rating to a “buy” rating and set a $300.00 price target on the stock in a research note on Tuesday, November 4th. Finally, CLSA raised their price objective on Apple from $265.00 to $330.00 and gave the company an “outperform” rating in a research note on Friday, December 5th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Apple presently has a consensus rating of “Moderate Buy” and a consensus price target of $281.70.
Read Our Latest Research Report on Apple
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.
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