Apple Inc. $AAPL Holdings Lowered by Corus Family Wealth Advisors

Key Points

• Corus Family Wealth Advisors cut its Apple stake by 36.4% in Q3, selling 27,164 shares and leaving 47,538 shares worth about $12.1 million; Apple now represents roughly 8.9% of Corus's portfolio and is its 3rd largest holding.
• Other advisory firms increased their AAPL positions in Q3 (e.g., U S Wealth Group, Garrett Wealth), and institutional investors collectively own about 67.73% of Apple’s stock, indicating ongoing institutional rebalancing rather than a broad sell-off.
• Apple recently reported strong results—EPS $2.84 vs. $2.67 expected and revenue of $143.76 billion, up 15.7% year-over-year—and is supported by product refreshes (AirPods Max 2, M5 Macs), strategic M&A, and a $0.26 quarterly dividend.

Corus Family Wealth Advisors cut its stake in Apple Inc. (NASDAQ:AAPL - Free Report) by 36.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 47,538 shares of the iPhone maker's stock after selling 27,164 shares during the period. Apple comprises approximately 8.9% of Corus Family Wealth Advisors' portfolio, making the stock its 3rd largest position. Corus Family Wealth Advisors' holdings in Apple were worth $12,105,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of AAPL. U S Wealth Group LLC. grew its holdings in shares of Apple by 11.5% during the third quarter. U S Wealth Group LLC. now owns 28,428 shares of the iPhone maker's stock worth $7,239,000 after purchasing an additional 2,921 shares during the last quarter. Garrett Wealth Advisory Group LLC lifted its holdings in shares of Apple by 6.3% in the 3rd quarter. Garrett Wealth Advisory Group LLC now owns 51,540 shares of the iPhone maker's stock valued at $13,124,000 after purchasing an additional 3,061 shares during the last quarter. Abel Hall LLC lifted its holdings in shares of Apple by 2.5% in the 3rd quarter. Abel Hall LLC now owns 17,915 shares of the iPhone maker's stock valued at $4,562,000 after purchasing an additional 434 shares during the last quarter. Sterling Wealth Management Inc. boosted its position in shares of Apple by 14.8% in the 3rd quarter. Sterling Wealth Management Inc. now owns 12,321 shares of the iPhone maker's stock valued at $3,137,000 after purchasing an additional 1,588 shares during the period. Finally, Opulen Financial Group LLC grew its stake in Apple by 14.8% during the 3rd quarter. Opulen Financial Group LLC now owns 4,543 shares of the iPhone maker's stock worth $1,157,000 after buying an additional 587 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: CEO Tim Cook publicly dismissed retirement rumors and reinforced his commitment to Apple's roadmap and upcoming AI milestones, reducing leadership uncertainty that had weighed on sentiment. Tim Cook squashes retirement rumors, says he 'can't imagine life without Apple'
• Positive Sentiment: Product refreshes: Apple unveiled AirPods Max 2 with upgraded features (H2 chip, improved ANC, live translation), and expanded its MacBook lineup with M5 chips — news that supports hardware revenue and drew an Evercore reaffirmation of Outperform. Apple unveils second-generation AirPods Max at $549, more than five years after debut
• Positive Sentiment: Strategic M&A: Apple acquired MotionVFX, a Final Cut Pro plugin maker, strengthening its creator tools and services ecosystem — a move that can help services/subscriptions monetization for pro users. Apple acquires video editing software company MotionVFX
• Positive Sentiment: Brand extensions: Beats launched Nike‑branded earbuds in a first hardware collaboration, showing continued diversification of accessory demand and co‑branding opportunities. Apple’s Beats Launches Nike‑Branded Earbuds in Its First‑Ever Hardware Collaboration
• Neutral Sentiment: Macro/market flows: A broader shift of investor interest toward value ETFs (amid geopolitical uncertainty) is altering sector flows; not Apple‑specific but can affect relative demand for large growth names. 2 ETFs Have Similar Names. Their Performances Couldn’t Be More Different.
• Neutral Sentiment: Supply‑chain & supplier notes: Nvidia/Samsung foundry news and Foxconn's mixed results keep focus on Apple’s manufacturing partners — potential upside if foundry capacity and iPhone assembly remain robust, but margins/supply risks persist. Samsung shares rise after Nvidia's Huang flags tie-up on new AI chips
• Neutral Sentiment: Short‑interest notices in March appear inconsistent/immaterial in the data reported and are unlikely to be a driver today.
• Negative Sentiment: Reputational/operational criticism: Elon Musk publicly called iOS app‑review delays "ridiculous," reigniting debate about App Store policy and developer friction — a potential negative for developer relations and platform perception. Elon Musk Has One Word for This Apple Problem: 'Ridiculous'
• Negative Sentiment: Relative performance pressure: Coverage noting Apple has lagged some peers (Magnificent 7 commentary) underscores investor concerns about AI leadership and near‑term growth vs. names like Nvidia, which can cap multiple expansion. NVIDIA Leads Magnificent 7 Stocks in March while Apple and Tesla Slide

Apple Stock Up 0.6%

AAPL opened at $254.23 on Wednesday. Apple Inc. has a 1 year low of $169.21 and a 1 year high of $288.62. The firm has a 50 day moving average price of $261.63 and a 200 day moving average price of $262.04. 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 $3.73 trillion, a PE ratio of 32.14, a price-to-earnings-growth ratio of 2.26 and a beta of 1.10.

Apple (NASDAQ:AAPL - Get Free Report) last announced its quarterly earnings results 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. Apple had a net margin of 27.04% and a return on equity of 159.94%. The firm had revenue of $143.76 billion for the quarter, compared to analysts' expectations of $138.25 billion. During the same period in the previous year, the company posted $2.40 earnings per share. Apple's revenue was up 15.7% compared to the same quarter last year. Sell-side analysts expect that Apple Inc. will post 7.28 earnings per share for the current year.

Apple Dividend Announcement

The firm 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 was Monday, February 9th. This represents a $1.04 annualized dividend and a dividend yield of 0.4%. Apple's payout ratio is presently 13.15%.

Analysts Set New Price Targets

Several research analysts have commented on AAPL shares. Citigroup reaffirmed a "buy" rating and set a $315.00 price target (down from $330.00) on shares of Apple in a research report on Tuesday, January 20th. Barclays increased their price objective on Apple from $239.00 to $248.00 and gave the company an "underweight" rating in a report on Tuesday, March 3rd. Morgan Stanley reaffirmed an "overweight" rating and issued a $315.00 target price (up from $305.00) on shares of Apple in a report on Wednesday, December 17th. KeyCorp reiterated a "sector weight" rating on shares of Apple in a research report on Thursday, March 12th. Finally, Jefferies Financial Group set a $330.00 price target on shares of Apple in a research note on Wednesday, March 4th. One analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Apple currently has a consensus rating of "Moderate Buy" and an average price target of $297.58.

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.

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