Gitterman Wealth Management LLC Purchases 3,016 Shares of Apple Inc. $AAPL

Gitterman Wealth Management LLC increased its stake in shares of Apple Inc. (NASDAQ:AAPL) by 9.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 36,222 shares of the iPhone maker’s stock after purchasing an additional 3,016 shares during the period. Apple accounts for about 2.1% of Gitterman Wealth Management LLC’s holdings, making the stock its 9th biggest position. Gitterman Wealth Management LLC’s holdings in Apple were worth $9,223,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in the stock. First National Bank of Hutchinson increased its stake in Apple by 24.6% in the fourth quarter. First National Bank of Hutchinson now owns 35,319 shares of the iPhone maker’s stock valued at $8,845,000 after purchasing an additional 6,982 shares during the last quarter. Eagle Capital Management LLC boosted its holdings in shares of Apple by 0.5% in the 4th quarter. Eagle Capital Management LLC now owns 54,085 shares of the iPhone maker’s stock valued at $13,544,000 after purchasing an additional 272 shares during the last quarter. Brighton Jones LLC increased its holdings in shares of Apple by 14.8% during the 4th quarter. Brighton Jones LLC now owns 537,314 shares of the iPhone maker’s stock worth $134,554,000 after buying an additional 69,207 shares during the last quarter. Revolve Wealth Partners LLC raised its position in shares of Apple by 4.2% in the 4th quarter. Revolve Wealth Partners LLC now owns 66,857 shares of the iPhone maker’s stock worth $16,742,000 after buying an additional 2,695 shares during the period. Finally, Highview Capital Management LLC DE boosted its holdings in Apple by 2.4% in the fourth quarter. Highview Capital Management LLC DE now owns 50,264 shares of the iPhone maker’s stock valued at $12,587,000 after acquiring an additional 1,155 shares during the last quarter. Institutional investors and hedge funds own 67.73% of the company’s stock.

More Apple News

Here are the key news stories impacting Apple this week:

• Positive Sentiment: New MacBook Air/Pro lineup with M5 chips and revamped Studio Displays reinforces Apple’s device‑level AI strategy and supports higher ASPs and services attachment. Apple launches new generation of MacBook laptops
• Positive Sentiment: Apple introduced a lower‑cost iPhone 17e (starting $599) and upgraded iPad Air, which should help defend share in price‑sensitive markets and broaden upgrade cycles. Apple launches iPhone 17e
• Positive Sentiment: Bank of America keeps a Buy rating and $325 price target, citing sustained services momentum and device‑level AI upside — a bullish analyst endorsement for medium‑term upside. BofA maintains Buy on Apple
• Neutral Sentiment: Short‑interest data showed a reported large increase but the published figures read as 0 shares/NaN (days‑to‑cover 0.0) — likely a reporting glitch, so no clear bearish signal from short sellers at this time.
• Neutral Sentiment: Barclays raised its price target modestly (from $239 to $248) but kept an “underweight” rating — a mixed signal (higher PT but continued cautious stance). Barclays raises PT but stays underweight
• Negative Sentiment: Apple increased MacBook prices (Air up ~$100; Pro up more, some models +$400) as memory‑chip shortages and rising component costs push up ASPs — this can boost near‑term revenue but risks dampening unit demand and margin visibility. Apple raises MacBook prices amid chip shortage
• Negative Sentiment: Warren Buffett/Berkshire materially trimmed its Apple stake (reports say a ~75% sale in his final filings), a high‑profile shareholder reduction that can amplify near‑term selling pressure and sentiment risk. How Berkshire Hathaway performed during Buffett’s final quarter

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on AAPL shares. Phillip Securities upgraded Apple from a “moderate sell” rating to a “hold” rating in a report on Sunday, February 1st. Sanford C. Bernstein raised their price objective on Apple from $325.00 to $340.00 and gave the company an “outperform” rating in a research report on Tuesday, February 10th. The Goldman Sachs Group reiterated a “buy” rating on shares of Apple in a report on Monday. Needham & Company LLC restated a “hold” rating on shares of Apple in a report on Friday, January 30th. Finally, Moffett Nathanson lifted their price objective on shares of Apple from $241.00 to $270.00 and gave the company a “neutral” rating in a research note on Wednesday, February 25th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Apple presently has a consensus rating of “Moderate Buy” and a consensus target price of $296.07.

Apple Stock Performance

Shares of AAPL stock opened at $263.75 on Wednesday. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.94 and a current ratio of 0.97. The stock has a market capitalization of $3.87 trillion, a price-to-earnings ratio of 33.34, a PEG ratio of 2.36 and a beta of 1.10. Apple Inc. has a one year low of $169.21 and a one year high of $288.62. The company’s 50-day simple moving average is $264.36 and its 200-day simple moving average is $260.05.

Apple (NASDAQ:AAPL) last issued its earnings results on Thursday, January 29th. The iPhone maker reported $2.84 EPS for the quarter, topping the consensus estimate of $2.67 by $0.17. The company had revenue of $143.76 billion during the quarter, compared to analyst estimates of $138.25 billion. Apple had a return on equity of 159.94% and a net margin of 27.04%.The business’s revenue was up 15.7% on a year-over-year basis. During the same quarter last year, the firm earned $2.40 EPS. Equities analysts anticipate that Apple Inc. will post 7.28 earnings per share for the current fiscal year.

Apple Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, February 12th. Investors of record on Monday, February 9th were issued a dividend of $0.26 per share. The ex-dividend date of this dividend was Monday, February 9th. This represents a $1.04 annualized dividend and a yield of 0.4%. Apple’s payout ratio 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.