Apple Inc. $AAPL Holdings Raised by Tenon Financial LLC

Key Points

• Tenon Financial increased its Apple stake by 19.5% in the third quarter to 16,726 shares valued at approximately $5.57 million, making Apple its seventh-largest holding. Institutional investors collectively own 67.73% of Apple’s stock.
• Apple shares opened at $347.73, near their 52-week high, with a market capitalization of $5.07 trillion and a P/E ratio of 39.88. Analysts maintain a broadly positive “Moderate Buy” consensus, though the average price target of $340.12 is below the current price.
• Apple recently exceeded quarterly earnings and revenue expectations, while strong demand for its new foldable iPhone could support future growth. However, elevated valuation, early product-execution concerns and recent insider selling remain risks.

Tenon Financial LLC increased its stake in Apple Inc. (NASDAQ:AAPL - Free Report) by 19.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,726 shares of the iPhone maker's stock after purchasing an additional 2,724 shares during the quarter. Apple comprises about 1.7% of Tenon Financial LLC's portfolio, making the stock its 7th biggest holding. Tenon Financial LLC's holdings in Apple were worth $5,570,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of AAPL. Tempus Wealth Planning LLC increased its holdings in shares of Apple by 10.8% in the third quarter. Tempus Wealth Planning LLC now owns 39,534 shares of the iPhone maker's stock valued at $13,165,000 after buying an additional 3,855 shares in the last quarter. Fortress Financial Solutions LLC acquired a new stake in shares of Apple during the 3rd quarter valued at $5,303,000. Sachem Hill LLC lifted its position in shares of Apple by 86.5% during the 3rd quarter. Sachem Hill LLC now owns 2,767 shares of the iPhone maker's stock valued at $921,000 after acquiring an additional 1,283 shares during the last quarter. Union Savings Bank boosted its stake in shares of Apple by 19.0% during the 3rd quarter. Union Savings Bank now owns 23,421 shares of the iPhone maker's stock worth $7,597,000 after acquiring an additional 3,740 shares in the last quarter. Finally, Elmwood Wealth Management Inc. boosted its stake in shares of Apple by 0.9% during the 3rd quarter. Elmwood Wealth Management Inc. now owns 37,233 shares of the iPhone maker's stock worth $12,399,000 after acquiring an additional 337 shares in the last quarter. Institutional investors own 67.73% of the company's stock.

Apple Stock Performance

NASDAQ:AAPL opened at $347.73 on Monday. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.00 and a quick ratio of 0.93. Apple Inc. has a fifty-two week low of $243.42 and a fifty-two week high of $351.73. The stock's 50-day moving average is $329.75 and its two-hundred day moving average is $309.70. The stock has a market cap of $5.07 trillion, a PE ratio of 39.88, a price-to-earnings-growth ratio of 2.75 and a beta of 1.07.

Apple (NASDAQ:AAPL - Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The iPhone maker reported $2.02 EPS for the quarter, beating the consensus estimate of $1.89 by $0.13. Apple had a net margin of 27.62% and a return on equity of 135.46%. The business had revenue of $109.42 billion for the quarter, compared to analysts' expectations of $109.04 billion. During the same period in the previous year, the company posted $1.57 EPS. Apple's revenue was up 16.4% on a year-over-year basis. As a group, equities research analysts forecast that Apple Inc. will post 8.75 earnings per share for the current fiscal year.

Apple Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, August 13th. Investors of record on Monday, August 10th were paid a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Monday, August 10th. Apple's dividend payout ratio is presently 12.39%.

Analyst Ratings Changes

AAPL has been the topic of a number of recent research reports. Morgan Stanley restated an "overweight" rating on shares of Apple in a report on Wednesday. KeyCorp reaffirmed an "underweight" rating on shares of Apple in a report on Thursday, October 15th. Maxim Group increased their price target on Apple from $350.00 to $380.00 and gave the company a "buy" rating in a research report on Friday, July 31st. TD Cowen reissued a "buy" rating and issued a $400.00 price target on shares of Apple in a research note on Thursday, September 10th. Finally, Citigroup restated a "buy" rating on shares of Apple in a report on Thursday, September 10th. One investment analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, fifteen have assigned a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $340.12.

Key Headlines Impacting Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Strong iPhone Duo demand is the primary catalyst. The foldable phone launched globally Friday amid long lines, limited store inventory and reports that preorders are backordered into 2027. Supply-chain reports indicate Apple raised its first-year shipment target by 44%, to roughly 14 million units. The premium product could expand Apple’s addressable market and support revenue growth. Apple fans react as iPhone Duo hits stores
• Positive Sentiment: The launch strengthens Apple’s broader hardware and services roadmap. Analysts are evaluating whether the Duo can drive accessory, software and services revenue, while potential touchscreen Macs, smart-home products and an Apple-Schneider Electric energy-management partnership provide additional growth opportunities. Will Apple take over the smart home
• Positive Sentiment: Apple briefly reclaimed the title of world’s most valuable public company. AAPL approached or surpassed Nvidia’s approximately $5 trillion valuation as Nvidia shares weakened during a broader AI-stock selloff. Investors are treating Apple’s substantial cash generation and lower AI infrastructure spending as a relative safe haven. Apple tops Nvidia in market value
• Neutral Sentiment: The next major test is earnings. Apple’s fiscal fourth-quarter results are expected November 2, with investors looking for evidence that iPhone Duo demand, holiday sales and margins justify a stock trading near 40 times earnings. Analysts remain broadly constructive, but the average price target is close to recent trading levels.
• Negative Sentiment: Execution and valuation risks remain significant. Some early users have reported cracked foldable screens, while reviews cite first-generation glitches, a $2,000 price and limitations involving the camera and apps. These issues could affect returns, customer satisfaction and adoption.
• Negative Sentiment: Insider selling adds a modest cautionary signal. Senior Vice President Jennifer Newstead sold approximately $815,000 of AAPL shares, following several similar sales. The transaction is small relative to Apple’s size but may reinforce concerns that the stock has become expensive.

Insider Transactions at Apple

In other news, CEO John Ternus sold 25,412 shares of the company's stock in a transaction that occurred on 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 sale, the chief executive officer directly owned 59,567 shares in the company, valued at approximately $19,832,236.98. This represents a 29.90% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 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 company's stock in a transaction on Friday, October 2nd. The shares were sold at an average price of $332.96, for a total value of $63,846,078.88. Following the completion of the sale, the insider owned 3,264,168 shares in the company, valued at $1,086,837,377.28. This trade represents a 5.55% decrease in their ownership of the stock. 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. Insiders sold 286,853 shares of company stock valued at $95,477,342 in the last ninety days. 0.06% of the stock is owned by company insiders.

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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