AlphaCore Capital LLC Has $45.95 Million Stock Holdings in Apple Inc. $AAPL

Key Points

• AlphaCore Capital increased its stake in Apple by 10.1% in Q3 to 180,468 shares valued at about $45.95 million, representing roughly 1.5% of the firm's holdings and its 11th largest position.
• Apple beat Q1 expectations with $2.84 EPS (vs. $2.67 expected) and $143.76B revenue, has a market cap of $3.83 trillion, and carries a Wall Street consensus of Moderate Buy with an average price target near $297.58.
• Key strategic drivers include a surge in iPhone manufacturing in India (now ~25% of production) and new budget devices to expand the ecosystem, while risks include rising memory costs and Siri/AI delays affecting smart‑home product launches.

AlphaCore Capital LLC grew its stake in shares of Apple Inc. (NASDAQ:AAPL - Free Report) by 10.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 180,468 shares of the iPhone maker's stock after purchasing an additional 16,626 shares during the period. Apple comprises about 1.5% of AlphaCore Capital LLC's holdings, making the stock its 11th biggest holding. AlphaCore Capital LLC's holdings in Apple were worth $45,953,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the stock. American Alpha Advisors LLC raised its holdings in shares of Apple by 3.7% during the third quarter. American Alpha Advisors LLC now owns 1,151 shares of the iPhone maker's stock valued at $293,000 after acquiring an additional 41 shares during the period. Capstone Wealth Management LLC boosted its stake in Apple by 0.5% in the 3rd quarter. Capstone Wealth Management LLC now owns 8,537 shares of the iPhone maker's stock worth $2,174,000 after purchasing an additional 42 shares during the period. Avant Capital LLC grew its position in Apple by 0.9% during the 3rd quarter. Avant Capital LLC now owns 4,814 shares of the iPhone maker's stock worth $1,226,000 after purchasing an additional 43 shares in the last quarter. Tacita Capital Inc raised its stake in Apple by 0.8% during the 3rd quarter. Tacita Capital Inc now owns 5,718 shares of the iPhone maker's stock valued at $1,456,000 after purchasing an additional 44 shares during the period. Finally, Aspetuck Financial Management LLC raised its stake in Apple by 0.3% during the 3rd quarter. Aspetuck Financial Management LLC now owns 17,702 shares of the iPhone maker's stock valued at $4,507,000 after purchasing an additional 46 shares during the period. Hedge funds and other institutional investors own 67.73% of the company's stock.

Key Headlines Impacting Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: India manufacturing surge lowers China concentration and tariff risk — Apple now makes roughly 25% of iPhones after a ~53% increase in India production last year, reducing geopolitical/tariff exposure and supporting margin resilience. Apple now makes one in four iPhones in India: report
• Positive Sentiment: Move into lower‑priced devices could grow ecosystem and unit volumes — coverage highlights Apple’s new budget‑friendly iPhone 17e and a $599 MacBook Neo as deliberate steps to expand market share while protecting services revenue. Apple's Newest Phone and Laptop Are More Budget-Friendly. Premium Products Could Be Next
• Positive Sentiment: Analyst support remains — Citi reiterated a Buy and $315 target, citing resilient margins, expanding services and emerging AI upside, which underpins upside narratives despite cost pressures. Apple: Resilient Margins, Expanding Services, and Emerging AI Upside Support Buy Rating and $315 Target
• Neutral Sentiment: PC market dynamics could be a relative winner for Apple — analysis suggests industry weakness (memory cost shock) may hurt rivals more than Apple, potentially supporting Mac share gains. The PC Collapse Has a Winner -- and It's Not Who You Think
• Neutral Sentiment: Supplier shifts and competitor headlines — Bank of America warns Qualcomm faces loss of Apple business; this is more a negative for Qualcomm but signals Apple’s growing in‑house or alternate sourcing strategies. Qualcomm faces loss of Apple business, competitive pressures, says Bank of America
• Negative Sentiment: Siri/AI issues delaying smart‑home hardware — Reported Siri troubles have pushed back a smart home display launch, signaling execution and AI software risks for new product lines. Apple’s Siri Troubles Put Smart Home Display On Hold
• Negative Sentiment: Regulatory friction in Europe — German publishers say Apple’s revised app tracking rules don’t fix antitrust concerns and urge fines, adding potential regulatory/legal risk to its services/advertising ecosystem. German publishers reject Apple's revised app tracking rules, urge antitrust fine
• Negative Sentiment: Memory cost headwinds — Coverage flags rising DRAM prices as a near‑term margin pressure (a possible ~140bps headwind), which could temper profit expansion even as revenue grows. Apple Stock — Why Analysts Still Like It Despite A Memory Squeeze

Apple Stock Performance

AAPL opened at $260.83 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 company has a market cap of $3.83 trillion, a PE ratio of 32.97, a price-to-earnings-growth ratio of 2.32 and a beta of 1.10. The stock has a 50-day moving average of $263.04 and a 200-day moving average of $261.18. Apple Inc. has a 52-week low of $169.21 and a 52-week high of $288.62.

Apple (NASDAQ:AAPL - Get Free Report) last issued its quarterly earnings data on Thursday, January 29th. The iPhone maker reported $2.84 earnings per share for the quarter, beating analysts' consensus estimates of $2.67 by $0.17. The business had revenue of $143.76 billion for the quarter, compared to the consensus estimate of $138.25 billion. Apple had a return on equity of 159.94% and a net margin of 27.04%.The firm's revenue was up 15.7% compared to the same quarter last year. During the same period last year, the business earned $2.40 EPS. As a group, equities research analysts forecast that Apple Inc. will post 7.28 earnings per share for the current fiscal year.

Apple Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, February 12th. Stockholders of record on Monday, February 9th were given a $0.26 dividend. The ex-dividend date of this dividend was Monday, February 9th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.4%. Apple's dividend payout ratio (DPR) is currently 13.15%.

Wall Street Analyst Weigh In

Several analysts have recently commented on AAPL shares. JPMorgan Chase & Co. raised their target price on Apple from $315.00 to $325.00 and gave the stock an "overweight" rating in a research report on Friday, January 30th. Stifel Nicolaus set a $330.00 price target on Apple in a research report on Monday, March 2nd. Oppenheimer restated a "market perform" rating on shares of Apple in a research report on Friday, January 30th. Raymond James Financial reaffirmed a "market perform" rating on shares of Apple in a research note on Friday, January 2nd. Finally, Weiss Ratings reiterated a "buy (b-)" rating on shares of Apple in a report on Monday, December 29th. One research analyst has 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 stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $297.58.

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.

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