Apple Inc. $AAPL is Axis Wealth Partners LLC’s 6th Largest Position

Axis Wealth Partners LLC grew its stake in Apple Inc. (NASDAQ:AAPL) by 41.0% in the third quarter, Holdings Channel reports. The fund owned 15,383 shares of the iPhone maker’s stock after purchasing an additional 4,473 shares during the period. Apple accounts for about 2.3% of Axis Wealth Partners LLC’s portfolio, making the stock its 6th largest holding. Axis Wealth Partners LLC’s holdings in Apple were worth $3,917,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Capstone Wealth Management LLC lifted its stake in shares of Apple by 0.5% in the 3rd quarter. Capstone Wealth Management LLC now owns 8,537 shares of the iPhone maker’s stock valued at $2,174,000 after purchasing an additional 42 shares during the last quarter. Baker Boyer National Bank increased its position in shares of Apple by 0.3% during the 2nd quarter. Baker Boyer National Bank now owns 18,011 shares of the iPhone maker’s stock worth $3,695,000 after purchasing an additional 47 shares during the last quarter. Beddow Capital Management Inc. raised its holdings in Apple by 1.8% in the 2nd quarter. Beddow Capital Management Inc. now owns 2,597 shares of the iPhone maker’s stock valued at $533,000 after buying an additional 47 shares during the period. Uncommon Cents Investing LLC lifted its position in Apple by 0.4% in the third quarter. Uncommon Cents Investing LLC now owns 10,609 shares of the iPhone maker’s stock valued at $2,701,000 after buying an additional 47 shares during the last quarter. Finally, Vermillion Wealth Management Inc. lifted its position in Apple by 0.5% in the third quarter. Vermillion Wealth Management Inc. now owns 9,646 shares of the iPhone maker’s stock valued at $2,456,000 after buying an additional 47 shares during the last quarter. Institutional investors and hedge funds own 67.73% of the company’s stock.

Apple News Roundup

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Strong iPhone 17 demand drove better-than-expected Q1 results and margin expansion, supporting upgrades and a more bullish outlook for revenue and profitability. The iPhone 17 Changed Everything For Apple – See China (Rating Upgrade)
• Positive Sentiment: Big banks reiterated bullish calls (Morgan Stanley, JPMorgan) citing continued iPhone 17 strength — analyst support is lifting sentiment and contributed to price-target increases. Morgan Stanley and JPMorgan Bullish on Apple Inc. (AAPL) on Strong iPhone 17 Demand
• Positive Sentiment: Several brokerages raised price targets and upgraded Apple after the quarter, adding buy-side momentum and helping push the stock higher. Apple (NASDAQ:AAPL) Price Target Raised to $315.00
• Positive Sentiment: OpenAI launched a Codex coding-assistant app for Apple computers, highlighting tighter AI app integration in the Mac ecosystem and potential demand/support for Mac hardware and services. OpenAI Unveils Codex App for Use with Apple (AAPL) Computers
• Positive Sentiment: Report that Apple acquired Israeli AI/audio startup Q.ai (≈$2B) strengthens the company’s AI content/capability pipeline and supports the AI narrative. Apple Inc. (AAPL) Acquires Israeli Startup Q.ai For Approximately $2 Billion: Report
• Neutral Sentiment: T. Rowe Price launched an active Innovation Leaders ETF that lists Apple as a core holding — potential incremental passive/active inflows but not immediate earnings impact. Nvidia, Apple, Microsoft Anchor T. Rowe Price’s New Active ETF Targeting Innovators
• Neutral Sentiment: India’s policy allowing foreign-funded equipment for contract manufacturers is a structural win for Apple’s India build-out and long-term cost/scale — supports supply diversification. India hands Apple a win by letting foreign firms fund equipment for manufacturers
• Neutral Sentiment: Reported short-interest figures in the feed are effectively zero/erroneous and aren’t influencing the move; no clear short-squeeze signal from this data. (Source: short-interest entry)
• Negative Sentiment: Supply risk: TSMC’s capacity shift toward AI chips (Nvidia demand) could squeeze Apple’s wafer allocations and exacerbate chip constraints, a risk to near-term production and inventory. Nvidia’s AI Takeover Leaves Apple Fighting For Supply
• Negative Sentiment: Talent and margin pressure: reports of AI researcher departures and commentary that rising AI-driven parts demand could lift component costs create medium-term execution and margin risks. Apple Loses More AI Researchers to Meta and Google The AI Boom Is Coming for Apple’s Profit Margins

Analyst Ratings Changes

A number of research firms have recently issued reports on AAPL. Wells Fargo & Company set a $300.00 price target on shares of Apple and gave the company an “overweight” rating in a research note on Friday, October 31st. Evercore ISI reissued an “outperform” rating on shares of Apple in a research report on Monday. Weiss Ratings restated a “buy (b-)” rating on shares of Apple in a research report on Monday, December 29th. Wedbush reaffirmed an “outperform” rating and issued a $350.00 price objective on shares of Apple in a research note on Wednesday, January 28th. Finally, Sanford C. Bernstein reissued an “outperform” rating on shares of Apple in a research note on Monday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $291.41.

Insider Activity

In other news, 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 transaction of $1,017,654.96. Following the completion of the sale, the insider directly owned 15,098 shares of the company’s stock, valued at approximately $4,095,030.54. The trade was a 19.90% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.06% of the company’s stock.

Apple Price Performance

AAPL stock opened at $270.05 on Tuesday. The business’s 50-day moving average is $268.26 and its two-hundred day moving average is $252.43. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.97 and a quick ratio of 0.94. The firm has a market capitalization of $3.97 trillion, a P/E ratio of 34.14, a P/E/G ratio of 2.37 and a beta of 1.09. Apple Inc. has a 1 year low of $169.21 and a 1 year high of $288.62.

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 analysts’ consensus estimates of $2.67 by $0.17. The firm had revenue of $143.76 billion for the quarter, compared to analyst estimates of $138.25 billion. Apple had a net margin of 27.04% and a return on equity of 159.94%. The business’s quarterly revenue was up 15.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.40 earnings per share. Analysts anticipate that Apple Inc. will post 7.28 earnings per share for the current fiscal year.

Apple Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 12th. Stockholders of record on Monday, February 9th will be issued a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Monday, February 9th. Apple’s dividend payout ratio (DPR) is presently 13.15%.

Apple Company Profile

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.