Apple Inc. $AAPL is Bar Harbor Wealth Management’s 5th Largest Position

Bar Harbor Wealth Management increased its holdings in shares of Apple Inc. (NASDAQ:AAPL) by 1.6% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 246,959 shares of the iPhone maker’s stock after purchasing an additional 3,827 shares during the quarter. Apple accounts for approximately 3.7% of Bar Harbor Wealth Management’s portfolio, making the stock its 5th biggest position. Bar Harbor Wealth Management’s holdings in Apple were worth $62,676,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of AAPL. Amarillo National Bank lifted its position in Apple by 4.1% in the first quarter. Amarillo National Bank now owns 44,922 shares of the iPhone maker’s stock valued at $11,401,000 after buying an additional 1,752 shares during the last quarter. Presilium Private Wealth LLC boosted its stake in Apple by 3.2% during the first quarter. Presilium Private Wealth LLC now owns 6,094 shares of the iPhone maker’s stock worth $1,547,000 after buying an additional 188 shares during the period. Vermillion Wealth Management Inc. increased its position in shares of Apple by 7.3% during the first quarter. Vermillion Wealth Management Inc. now owns 10,846 shares of the iPhone maker’s stock valued at $2,753,000 after acquiring an additional 737 shares during the last quarter. Murphy & Mullick Capital Management Corp increased its position in shares of Apple by 1.3% during the first quarter. Murphy & Mullick Capital Management Corp now owns 8,952 shares of the iPhone maker’s stock valued at $2,272,000 after acquiring an additional 114 shares during the last quarter. Finally, Legacy Wealth Partners LLC increased its position in shares of Apple by 3.1% during the first quarter. Legacy Wealth Partners LLC now owns 15,209 shares of the iPhone maker’s stock valued at $3,860,000 after acquiring an additional 459 shares during the last quarter. 67.73% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple is accelerating software security updates to respond faster to AI-driven hacking threats, which could reassure users and enterprises that the company is proactively protecting its ecosystem. Reuters: Apple says it is releasing updates early in response to AI cybersecurity concerns
• Positive Sentiment: Counterpoint-related reports suggest Apple could reach record market share in smartphones, laptops, and tablets in 2026, reinforcing the company’s competitive position and long-term device demand. Seeking Alpha: Apple to hit record market share in smartphones, laptops, tablets in 2026: Counterpoint
• Positive Sentiment: Some analysts argue Apple’s recent price increases may not hurt earnings as much as feared because of the company’s pricing power and loyal customer base. TipRanks: Apple Raising Device Prices May Not Hurt Earnings as Much as Investors Fear
• Neutral Sentiment: Reports that Apple wants approval to buy memory chips from China’s CXMT highlight efforts to secure supply, but also underscore how the AI-driven memory crunch is pressuring margins and creating geopolitical risk. Invezz: Apple wants to buy memory chips from CXMT
• Negative Sentiment: Apple is facing intensified scrutiny over recent price hikes, with multiple reports warning that higher component costs could slow revenue growth and pressure consumer demand. Barchart: Price Hikes Could Create a Major Problem for AAPL Stock
• Negative Sentiment: Apple’s dispute with India’s antitrust regulator adds legal uncertainty, with the company accusing the watchdog of copying rivals’ claims and potentially raising the risk of tougher App Store remedies. Reuters: Apple iPhone 18 Pro supplier list… exposed in Tata data leak
• Negative Sentiment: A Reuters report that iPhone 18 Pro supplier and component details were exposed in a Tata Electronics data leak adds another supply-chain and product-secrecy concern for Apple. Yahoo Finance video: Apple says India ‘copy-pasted’ rivals’ claims in antitrust probe

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on AAPL shares. Oppenheimer restated a “market perform” rating on shares of Apple in a report on Tuesday, June 9th. Citigroup reiterated a “buy” rating on shares of Apple in a report on Monday, June 1st. Morgan Stanley reissued an “overweight” rating on shares of Apple in a research report on Friday. Barclays restated an “underweight” rating on shares of Apple in a research note on Tuesday, June 9th. Finally, Needham & Company LLC restated a “hold” rating on shares of Apple in a research report on Tuesday, June 9th. One analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Apple currently has an average rating of “Moderate Buy” and an average price target of $314.85.

Insider Buying and Selling

In related news, CFO Kevan Parekh sold 1,534 shares of Apple stock in a transaction on Thursday, April 23rd. The stock was sold at an average price of $275.00, for a total value of $421,850.00. Following the completion of the transaction, the chief financial officer directly owned 13,366 shares in the company, valued at approximately $3,675,650. This trade represents a 10.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Ben Borders sold 116 shares of the business’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $295.14, for a total value of $34,236.24. Following the transaction, the insider directly owned 38,713 shares of the company’s stock, valued at $11,425,754.82. The trade was a 0.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 97,875 shares of company stock valued at $24,998,541 in the last three months. 0.06% of the stock is currently owned by insiders.

Apple Trading Down 0.7%

Shares of AAPL stock opened at $281.74 on Tuesday. Apple Inc. has a fifty-two week low of $199.26 and a fifty-two week high of $317.40. The company has a 50 day moving average price of $292.88 and a 200 day moving average price of $273.20. The stock has a market capitalization of $4.14 trillion, a P/E ratio of 34.07, a price-to-earnings-growth ratio of 2.47 and a beta of 1.09. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.02 and a current ratio of 1.07.

Apple (NASDAQ:AAPL) last released its earnings results on Thursday, April 30th. The iPhone maker reported $2.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.95 by $0.06. Apple had a net margin of 27.15% and a return on equity of 146.69%. The company had revenue of $111.18 billion for the quarter, compared to analyst estimates of $109.46 billion. During the same period in the prior year, the business earned $1.65 EPS. The firm’s quarterly revenue was up 16.6% on a year-over-year basis. Equities research analysts predict that Apple Inc. will post 8.74 EPS for the current fiscal year.

Apple Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 14th. Stockholders of record on Monday, May 11th were paid a $0.27 dividend. The ex-dividend date was Monday, May 11th. This is an increase from Apple’s previous quarterly dividend of $0.26. This represents a $1.08 annualized dividend and a dividend yield of 0.4%. Apple’s payout ratio is 13.06%.

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.