Seamount Financial Group Inc. Has $15.03 Million Stock Position in Apple Inc. $AAPL

Seamount Financial Group Inc. lessened its stake in shares of Apple Inc. (NASDAQ:AAPL) by 10.6% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 59,019 shares of the iPhone maker’s stock after selling 6,961 shares during the period. Apple accounts for 7.1% of Seamount Financial Group Inc.’s holdings, making the stock its biggest position. Seamount Financial Group Inc.’s holdings in Apple were worth $15,028,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Mainsail Financial Group LLC grew its stake in shares of Apple by 4.2% during the 3rd quarter. Mainsail Financial Group LLC now owns 6,202 shares of the iPhone maker’s stock valued at $1,579,000 after acquiring an additional 250 shares during the period. Pioneer Trust Bank N A OR lifted its holdings in Apple by 2.6% during the third quarter. Pioneer Trust Bank N A OR now owns 122,088 shares of the iPhone maker’s stock valued at $31,087,000 after purchasing an additional 3,107 shares in the last quarter. Pasadena Private Wealth LLC lifted its holdings in Apple by 2.7% during the third quarter. Pasadena Private Wealth LLC now owns 71,718 shares of the iPhone maker’s stock valued at $18,261,000 after purchasing an additional 1,890 shares in the last quarter. Oregon Public Employees Retirement Fund boosted its position in shares of Apple by 31.4% in the third quarter. Oregon Public Employees Retirement Fund now owns 1,696,315 shares of the iPhone maker’s stock worth $431,933,000 after purchasing an additional 405,418 shares during the period. Finally, Cromwell Holdings LLC increased its stake in shares of Apple by 1.6% in the third quarter. Cromwell Holdings LLC now owns 39,254 shares of the iPhone maker’s stock worth $9,995,000 after purchasing an additional 627 shares in the last quarter. Hedge funds and other institutional investors own 67.73% of the company’s stock.

Apple News Roundup

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Record quarter driven by iPhone 17 and China — Apple beat revenue and EPS expectations, reported record iPhone sales and gave strong March-quarter revenue/margin guidance, supporting bullish near-term fundamentals. Apple sales, profit beat
• Positive Sentiment: Analyst upgrades/price-target increases — Several firms raised targets and reiterated buy ratings after the beat (including TD Cowen, JPMorgan, Monness Crespi & Hardt), which supports upside sentiment among institutional investors. Analyst notes
• Neutral Sentiment: AI strategy remains ambiguous — Apple announced partnerships (e.g., Google Gemini) and made AI-related M&A (Q.ai), but offered limited execution details; these moves signal intent but leave monetization and competitive positioning unclear. AI details unclear
• Neutral Sentiment: Potential supply-chain diversification — Reports that Apple is exploring U.S. foundry partners (e.g., Intel) could ease long-term sourcing risk but are early-stage and not an immediate fix for 2026 capacity issues. Intel foundry reports
• Negative Sentiment: Rising memory-chip costs and shortages — Apple warned memory prices are beginning to bite; suppliers like Samsung and SK Hynix are prioritizing AI chips, tightening supply and pressuring gross margins if costs stay elevated. Memory cost warning
• Negative Sentiment: iPhone production constraints — Multiple reports say TSMC/other chip shortages are limiting Apple’s ability to meet iPhone demand, forcing Apple to prioritize premium models and potentially capping unit growth despite strong demand. TSMC supply short
• Negative Sentiment: Talent and execution questions in AI — Reports of AI researcher departures and commentary that the Google partnership could limit Apple’s AI upside have soured investor enthusiasm for Apple’s AI prospects. AI researcher departures

Analyst Upgrades and Downgrades

AAPL has been the topic of several research analyst reports. DZ Bank upgraded Apple from a “hold” rating to a “buy” rating and set a $300.00 price objective on the stock in a research report on Tuesday, November 4th. Monness Crespi & Hardt boosted their price target on Apple from $300.00 to $315.00 and gave the stock a “buy” rating in a report on Friday. TD Cowen reaffirmed a “buy” rating and set a $325.00 price objective on shares of Apple in a report on Friday. Bank of America boosted their target price on shares of Apple from $270.00 to $320.00 and gave the stock a “buy” rating in a report on Wednesday, October 29th. Finally, Argus set a $325.00 target price on shares of Apple and gave the company a “buy” rating in a research note on Friday, October 31st. One research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $289.23.

Apple Price Performance

AAPL stock opened at $259.48 on Friday. The stock has a market cap of $3.81 trillion, a PE ratio of 32.80, a P/E/G ratio of 2.40 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 50-day moving average price of $268.38 and a 200 day moving average price of $251.42. 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 released its earnings results on Thursday, January 29th. The iPhone maker reported $2.84 earnings per share for the quarter, topping the consensus estimate of $2.67 by $0.17. Apple had a return on equity of 171.22% and a net margin of 27.04%.The business had revenue of $143.76 billion during the quarter, compared to the consensus estimate of $138.25 billion. During the same period last year, the company earned $2.40 earnings per share. The business’s revenue for the quarter was up 15.7% 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 Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 12th. Stockholders of record on Monday, February 9th will be given a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend is Monday, February 9th. Apple’s dividend payout ratio is presently 13.92%.

Insider Activity

In related news, insider Chris Kondo sold 3,752 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the insider owned 15,098 shares of the company’s stock, valued at $4,095,030.54. The trade was a 19.90% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Corporate 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.