Whitaker Myers Wealth Managers LTD. Sells 5,147 Shares of Apple Inc. $AAPL

Whitaker Myers Wealth Managers LTD. trimmed its position in shares of Apple Inc. (NASDAQ:AAPL) by 31.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,972 shares of the iPhone maker’s stock after selling 5,147 shares during the period. Apple accounts for 0.6% of Whitaker Myers Wealth Managers LTD.’s portfolio, making the stock its 23rd largest holding. Whitaker Myers Wealth Managers LTD.’s holdings in Apple were worth $2,794,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Ryan Investment Management Inc. purchased a new stake in shares of Apple during the second quarter worth about $31,000. ROSS JOHNSON & Associates LLC boosted its stake in Apple by 1,800.0% in the 1st quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker’s stock worth $42,000 after purchasing an additional 180 shares during the period. Nexus Investment Management ULC grew its holdings in Apple by 333.3% during the 2nd quarter. Nexus Investment Management ULC now owns 260 shares of the iPhone maker’s stock valued at $53,000 after buying an additional 200 shares in the last quarter. LSV Asset Management purchased a new stake in Apple during the 4th quarter valued at approximately $65,000. Finally, Morgan Dempsey Capital Management LLC raised its position in shares of Apple by 41.0% during the second quarter. Morgan Dempsey Capital Management LLC now owns 430 shares of the iPhone maker’s stock valued at $88,000 after buying an additional 125 shares during the last quarter. Hedge funds and other institutional investors own 67.73% of the company’s stock.

Apple Trading Down 1.4%

Shares of NASDAQ AAPL opened at $267.26 on Tuesday. Apple Inc. has a 1-year low of $169.21 and a 1-year high of $288.62. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.89 and a quick ratio of 0.86. The business’s 50 day moving average is $273.62 and its two-hundred day moving average is $245.47. The stock has a market capitalization of $3.95 trillion, a P/E ratio of 35.78, a PEG ratio of 2.54 and a beta of 1.09.

Apple (NASDAQ:AAPL) last released its earnings results on Thursday, October 30th. The iPhone maker reported $1.85 earnings per share for the quarter, beating the consensus estimate of $1.74 by $0.11. The firm had revenue of $102.47 billion for the quarter, compared to the consensus estimate of $101.65 billion. Apple had a return on equity of 164.05% and a net margin of 26.92%.The company’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 company posted $1.64 EPS. As a group, research analysts expect that Apple Inc. will post 7.28 EPS for the current year.

Apple Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, November 13th. Stockholders of record on Monday, November 10th were issued a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 0.4%. The ex-dividend date was Monday, November 10th. Apple’s dividend payout ratio (DPR) is 13.92%.

Key Headlines Impacting Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Bank of America reaffirmed a Buy on AAPL and keeps a $325 price target, citing resilient Services growth, edge-AI optionality and strong capital returns that support a premium multiple. TipRanks: Buy Rating Reaffirmed
• Positive Sentiment: Foxconn reported record Q4 revenue (driven by AI server demand); analysts view the beat as a constructive read-through for iPhone demand and supply-chain health for Apple. Benzinga: Foxconn Q4 Beat
• Positive Sentiment: Multiple Wall Street firms maintain Buy ratings and high price targets (median ~ $305), providing upside support versus current levels and underpinning long-term conviction. QuiverQuant: Analyst Ratings & Targets
• Neutral Sentiment: Apple appears on long-term dividend/quality stock lists and investor round-ups, signaling continued buy-and-hold interest even amid near-term noise. Fool: Dividend Stocks
• Neutral Sentiment: Social and search buzz around recent iPhone launches (iPhone 17) is high — useful for sentiment but mixed on near-term monetization. QuiverQuant: iPhone 17 Buzz
• Negative Sentiment: Raymond James resumed coverage with a downgrade/Market Perform, citing valuation concerns and limited upside — a primary catalyst for selling pressure today. MSN/Broadcast: Raymond James Downgrade
• Negative Sentiment: Apple has scaled back Vision Pro production after weak demand; coverage pieces flag poor early adoption, which pressures the narrative around Apple’s new-hardware growth. Benzinga: Vision Pro Production Plans
• Negative Sentiment: Broader valuation debate and mixed signal on AI rollout/returns — recent write-ups highlight stretched multiples and delayed Apple Intelligence execution as reasons investors may trim exposure. Yahoo Finance: Valuation Assessment
• Negative Sentiment: Competitive/AI pressure stories (e.g., Samsung AI push) and visible insider selling noted in data feeds add to near-term risk perceptions among momentum and institutional traders. 24/7 Wall St.: Samsung Competition

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 shares were sold at an average price of $271.23, for a total value of $1,017,654.96. Following the completion of the sale, the insider owned 15,098 shares of the company’s stock, valued at $4,095,030.54. This trade represents a 19.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Kevan Parekh sold 4,199 shares of the company’s stock in a transaction that occurred on Thursday, October 16th. The shares were sold at an average price of $247.39, for a total value of $1,038,790.61. Following the transaction, the chief financial officer directly owned 8,765 shares in the company, valued at approximately $2,168,373.35. This represents a 32.39% decrease in their position. The SEC filing for this sale provides additional information. 0.06% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on AAPL. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Apple in a research note on Wednesday, December 3rd. HSBC set a $220.00 price objective on shares of Apple and gave the company a “hold” rating in a report on Monday, September 8th. Argus set a $325.00 price objective on Apple and gave the company a “buy” rating in a research report on Friday, October 31st. Monness Crespi & Hardt boosted their target price on Apple from $270.00 to $300.00 and gave the stock a “buy” rating in a research report on Friday, October 31st. Finally, DZ Bank raised Apple from a “hold” rating to a “buy” rating and set a $300.00 price target for the company in a research note on Tuesday, November 4th. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $283.92.

Apple 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.