Apple Inc. $AAPL Holdings Reduced by Colony Family Offices LLC

Colony Family Offices LLC lessened its holdings in shares of Apple Inc. (NASDAQ:AAPL) by 32.2% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 7,078 shares of the iPhone maker’s stock after selling 3,355 shares during the quarter. Apple accounts for 0.5% of Colony Family Offices LLC’s investment portfolio, making the stock its 27th biggest position. Colony Family Offices LLC’s holdings in Apple were worth $2,357,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Berkshire Hathaway Inc purchased a new position in shares of Apple during the second quarter valued at $65,950,297,000. Bank of America Corp DE purchased a new stake in Apple in the 2nd quarter worth about $36,986,090,000. Legal & General Group Plc purchased a new stake in Apple in the 2nd quarter worth about $30,443,242,000. Deutsche Bank AG acquired a new stake in Apple during the 2nd quarter worth about $13,658,359,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in Apple during the 2nd quarter valued at about $10,588,946,000. Hedge funds and other institutional investors own 67.73% of the company’s stock.

Apple Price Performance

Shares of NASDAQ:AAPL opened at $348.56 on Wednesday. The stock has a market capitalization of $5.07 trillion, a P/E ratio of 38.86, a P/E/G ratio of 3.38 and a beta of 1.07. The business has a 50-day moving average of $337.27 and a two-hundred day moving average of $299.52. Apple Inc. has a fifty-two week low of $243.42 and a fifty-two week high of $355.38. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.02 and a quick ratio of 0.94.

Apple (NASDAQ:AAPL) last issued its quarterly earnings data on Monday, November 2nd. The iPhone maker reported $2.10 EPS for the quarter, beating analysts’ consensus estimates of $1.99 by $0.11. Apple had a return on equity of 125.35% and a net margin of 27.60%. The business had revenue of $114.48 billion for the quarter, compared to analyst estimates of $113.40 billion. During the same quarter in the prior year, the firm posted $1.85 EPS. The firm’s revenue for the quarter was up 11.7% on a year-over-year basis. On average, equities research analysts predict that Apple Inc. will post 9.44 EPS for the current fiscal year.

Apple Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, November 16th. Shareholders of record on Thursday, November 12th will be given a dividend of $0.27 per share. The ex-dividend date of this dividend is Thursday, November 12th. This represents a $1.08 dividend on an annualized basis and a yield of 0.3%. Apple’s dividend payout ratio is presently 12.04%.

Apple News Summary

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple has held up better than many Big Tech peers and recently reached record territory, with investors appearing to favor its restrained AI infrastructure spending compared with peers’ heavy investment. That approach may help preserve cash and margins, though it also raises questions about its AI competitiveness. Apple Is Holding Strong While Big Tech Sells Off. Is It Next?
• Positive Sentiment: Apple Intelligence cleared a regulatory step for use on tablets and laptops in China, potentially expanding the service’s reach in a key market. Apple Intelligence registers with Chinese regulator
• Neutral Sentiment: Apple is reportedly holding capital spending steady while rivals accelerate AI infrastructure investment. This could support cash generation, but investors may also question whether the company is investing enough to keep pace in AI. Apple holds capex steady as peers accelerate AI infrastructure buildout
• Negative Sentiment: Binance warned that an iOS vulnerability could allow malicious apps to access data from other apps, potentially exposing crypto-wallet keys and credentials. Uncertainty over affected versions and whether updates resolve the flaw could create security and reputational concerns. Binance warns iOS flaw could expose crypto wallet keys
• Negative Sentiment: Reports of worker deaths at an Indian supplier and an ensuing investigation raise potential supply-chain, operational and reputational risks as Apple expands manufacturing in India. Apple faces major supplier investigation after 3 worker deaths
• Negative Sentiment: Valuation concerns and a reported memory-cost squeeze could pressure expectations. KeyCorp also cut its fiscal 2027 EPS forecast to $8.34 from $9.08 and maintains an Underweight rating with a $250 price target, well below the consensus forecast cited in the report. Apple Is Above $5 Trillion After Its First-Ever Close Above $350

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on AAPL shares. Jefferies Financial Group reiterated an “underperform” rating on shares of Apple in a report on Wednesday, September 9th. TD Cowen lowered their price objective on shares of Apple from $400.00 to $390.00 and set a “buy” rating on the stock in a research report on Tuesday, November 3rd. Wells Fargo & Company reaffirmed an “overweight” rating and set a $350.00 price objective (up from $310.00) on shares of Apple in a research report on Friday, July 31st. Yorkville Ives started coverage on shares of Apple in a research report on Tuesday, October 6th. They issued an “outperform” rating and a $400.00 target price for the company. Finally, UBS Group reiterated a “neutral” rating and issued a $340.00 target price (up from $296.00) on shares of Apple in a research report on Tuesday, November 3rd. Two research analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating, thirteen have issued a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $343.74.

Insider Buying and Selling

In other news, SVP Deirdre O’brien sold 46,389 shares of the business’s stock in a transaction on Friday, October 2nd. The shares were sold at an average price of $333.42, for a total value of $15,467,020.38. Following the completion of the sale, the senior vice president directly owned 136,810 shares in the company, valued at approximately $45,615,190.20. The trade was a 25.32% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Timothy D. Cook sold 191,753 shares of the business’s stock in a transaction on Friday, October 2nd. The stock was sold at an average price of $332.96, for a total transaction of $63,846,078.88. Following the completion of the sale, the insider owned 3,264,168 shares of the company’s stock, valued at $1,086,837,377.28. The trade was a 5.55% 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. In the last three months, insiders have sold 290,212 shares of company stock worth $96,639,685. 0.06% of the stock is currently owned by company insiders.

Apple Company Profile

Apple Inc. designs, manufactures and markets consumer electronics, software and digital services. Its products include the iPhone, Mac computers, iPad, Apple Watch and AirPods, along with operating systems and applications such as iOS, macOS and iPadOS. The company also offers services including the App Store, Apple Music, Apple TV+, iCloud and Apple Pay. These products and services are integrated across Apple’s devices and are sold to consumers, businesses and institutions around the world. Founded in 1976 and headquartered in Cupertino, California, Apple serves customers globally through online and retail stores, wireless carriers and other resellers.