Apple Inc. $AAPL Holdings Lifted by Kaufman Rossin Wealth LLC

Key Points

• Kaufman Rossin Wealth increased its Apple stake by 25.9% in the third quarter, purchasing 3,300 additional shares. Its 16,043 shares were valued at approximately $5.34 million, representing 2.2% of the firm’s holdings.
• Apple reported a quarterly earnings beat, with revenue of $114.48 billion, up 11.7% year over year, and EPS of $2.10 versus the $1.99 consensus estimate. Growth was driven largely by strong iPhone demand, while Mac and Services also posted records.
• Despite a “Moderate Buy” analyst consensus, investors face risks including weaker-than-expected China, iPad and Wearables sales, potential margin pressure from component costs, and substantial insider selling primarily tied to tax withholding.

Kaufman Rossin Wealth LLC lifted its position in shares of Apple Inc. (NASDAQ:AAPL - Free Report) by 25.9% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 16,043 shares of the iPhone maker's stock after buying an additional 3,300 shares during the quarter. Apple comprises 2.2% of Kaufman Rossin Wealth LLC's holdings, making the stock its 10th biggest position. Kaufman Rossin Wealth LLC's holdings in Apple were worth $5,343,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of AAPL. Prospera Capital Management LLC lifted its position in shares of Apple by 4.9% during the 3rd quarter. Prospera Capital Management LLC now owns 7,314 shares of the iPhone maker's stock worth $2,436,000 after buying an additional 339 shares during the last quarter. Blankinship & Foster LLC lifted its stake in shares of Apple by 1.5% in the 3rd quarter. Blankinship & Foster LLC now owns 18,440 shares of the iPhone maker's stock valued at $6,141,000 after acquiring an additional 281 shares during the last quarter. Miramontes Capital LLC boosted its holdings in shares of Apple by 0.8% during the 3rd quarter. Miramontes Capital LLC now owns 94,395 shares of the iPhone maker's stock valued at $31,435,000 after acquiring an additional 733 shares in the last quarter. First Bank & Trust boosted its holdings in shares of Apple by 1.3% during the 3rd quarter. First Bank & Trust now owns 63,856 shares of the iPhone maker's stock valued at $21,265,000 after acquiring an additional 792 shares in the last quarter. Finally, Clark Wealth Partners grew its position in Apple by 9.9% during the 3rd quarter. Clark Wealth Partners now owns 5,126 shares of the iPhone maker's stock worth $1,707,000 after acquiring an additional 462 shares during the last quarter. Institutional investors and hedge funds own 67.73% of the company's stock.

Apple Stock Performance

NASDAQ AAPL opened at $338.32 on Tuesday. The company has a market capitalization of $4.94 trillion, a price-to-earnings ratio of 38.80, a PEG ratio of 2.72 and a beta of 1.07. Apple Inc. has a twelve month low of $243.42 and a twelve month high of $351.73. The stock has a fifty day simple moving average of $333.62 and a 200 day simple moving average of $296.77. The company has a quick ratio of 0.93, a current ratio of 1.00 and a debt-to-equity ratio of 0.66.

Apple (NASDAQ:AAPL - Get Free Report) last released its earnings results on Monday, November 2nd. The iPhone maker reported $2.10 earnings per share for the quarter, beating analysts' consensus estimates of $1.99 by $0.11. Apple had a net margin of 27.62% and a return on equity of 135.46%. The business had revenue of $114.48 billion during the quarter, compared to the consensus estimate of $113.40 billion. During the same quarter in the prior year, the firm posted $1.85 EPS. The company's revenue for the quarter was up 11.7% compared to the same quarter last year. Sell-side analysts expect that Apple Inc. will post 8.75 EPS for the current year.

Trending Headlines about Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple reported fiscal fourth-quarter revenue of $114.48 billion, up 12% year over year and above the approximately $113.4 billion consensus estimate. Diluted EPS of $2.10 also exceeded expectations near $1.99. Apple results beat Wall Street expectations on strong iPhone sales
• Positive Sentiment: Growth was led by early demand for the iPhone 18 Pro lineup, with iPhone revenue reaching $57.6 billion, up 17%, while Mac sales and Services also set records. Apple’s active installed base reached an all-time high, supporting its ecosystem and recurring-revenue outlook. Apple Q4 earnings call: Ternus breaks down excellent quarter
• Positive Sentiment: Relatively light quarterly capital spending of $2.24 billion, below the expected $3.33 billion, reinforces Apple’s cash-generation and capital-discipline story as other technology companies spend heavily on AI infrastructure. Big quarterly beats after the close
• Neutral Sentiment: The report was the first under CEO John Ternus. His defense of Apple’s measured AI strategy may appeal to investors seeking profitable, product-focused AI development, but it leaves the company with less visible AI investment than major rivals.
• Negative Sentiment: China revenue fell short of projections, while iPad and Wearables, Home and Accessories sales missed estimates. These weaknesses offset the iPhone and Mac strength and raised concerns about regional and product-line momentum. New CEO John Ternus delivers an Apple earnings beat
• Negative Sentiment: Memory-chip inflation and component shortages threaten future gross margins. Apple’s inventory rose from $11.09 billion to $14.54 billion during the quarter, suggesting the company is stockpiling components but also tying up more cash. Apple inventory surges as memory chip costs climb
• Negative Sentiment: EPS benefited from a roughly $0.05-per-share tariff refund, and gross margin received an approximately one-percentage-point boost. Investors may therefore view part of the earnings beat as one-time rather than purely operational. Apple reports fourth quarter results

Insiders Place Their Bets

In related news, CEO John Ternus sold 25,412 shares of the business's stock in a transaction dated Friday, October 2nd. The stock was sold at an average price of $332.94, for a total value of $8,460,671.28. Following the completion of the sale, the chief executive officer directly owned 59,567 shares of the company's stock, valued at $19,832,236.98. The trade was a 29.90% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Ben Borders sold 1,280 shares of the firm's stock in a transaction that occurred on Friday, October 16th. The shares were sold at an average price of $345.40, for a total value of $442,112.00. Following the completion of the sale, the insider directly owned 38,288 shares of the company's stock, valued at $13,224,675.20. This trade represents a 3.23% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders sold 289,252 shares of company stock valued at $96,301,063. 0.06% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of equities analysts have issued reports on AAPL shares. Seaport Research Partners cut Apple from a "buy" rating to a "neutral" rating in a report on Monday, August 17th. Sanford C. Bernstein reissued an "outperform" rating on shares of Apple in a research note on Thursday. TD Cowen restated a "buy" rating and set a $400.00 price target on shares of Apple in a report on Thursday, September 10th. Piper Sandler initiated coverage on Apple in a report on Monday, August 17th. They set an "overweight" rating on the stock. Finally, KeyCorp reaffirmed an "underweight" rating on shares of Apple in a research note on Thursday, October 15th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, fifteen have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $340.49.

Apple Company Profile

Apple Inc designs, develops and sells consumer electronics, software and digital services. Its best-known products include the iPhone smartphone, Mac personal computers, iPad tablets, Apple Watch, AirPods and other accessories. The company also develops operating systems and applications that support its hardware ecosystem.

Apple's services business includes the App Store, Apple Music, Apple TV, Apple Arcade, iCloud, Apple Pay and other subscription, payment and digital-content offerings.

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