Apple Inc. $AAPL Stake Decreased by Harbour Investment Management LLC

Key Points

• Harbour Investment Management trimmed its Apple stake by 14% in Q3, selling 7,388 shares and leaving 45,213 shares valued at $11.51 million, which represents 5.0% of the firm's portfolio and its third-largest holding.
• Broader institutional activity is significant: Norges Bank and Nuveen added new multi-billion-dollar positions and Northern Trust increased holdings, with hedge funds and institutional investors owning 67.73% of Apple.
• Apple’s recent results and outlook show strength—Q1 EPS of $2.84 and revenue of $143.76B (up 15.7% YoY) beat estimates; the stock carries a consensus "Moderate Buy" and an average price target of $297.58 while trading near $248.

Harbour Investment Management LLC trimmed its stake in Apple Inc. (NASDAQ:AAPL - Free Report) by 14.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 45,213 shares of the iPhone maker's stock after selling 7,388 shares during the quarter. Apple comprises 5.0% of Harbour Investment Management LLC's portfolio, making the stock its 3rd largest position. Harbour Investment Management LLC's holdings in Apple were worth $11,513,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Norges Bank acquired a new stake in Apple during the second quarter worth about $38,942,255,000. Nuveen LLC purchased a new position in Apple in the first quarter valued at about $17,472,482,000. PKS Advisory Services LLC boosted its position in shares of Apple by 98,917.0% in the second quarter. PKS Advisory Services LLC now owns 57,956,620 shares of the iPhone maker's stock worth $12,106,000 after buying an additional 57,898,088 shares during the period. Laurel Wealth Advisors LLC grew its stake in shares of Apple by 20,464.8% in the second quarter. Laurel Wealth Advisors LLC now owns 27,069,029 shares of the iPhone maker's stock valued at $5,553,753,000 after buying an additional 26,937,401 shares in the last quarter. Finally, Northern Trust Corp raised its holdings in shares of Apple by 13.3% during the 4th quarter. Northern Trust Corp now owns 171,385,531 shares of the iPhone maker's stock valued at $42,918,365,000 after buying an additional 20,079,472 shares during the period. Hedge funds and other institutional investors own 67.73% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the company. UBS Group reissued a "neutral" rating on shares of Apple in a research report on Wednesday, March 4th. TD Cowen restated a "buy" rating and issued a $325.00 target price on shares of Apple in a research note on Friday, January 30th. Jefferies Financial Group set a $330.00 price target on shares of Apple in a report on Wednesday, March 4th. Raymond James Financial reiterated a "market perform" rating on shares of Apple in a report on Friday, January 2nd. Finally, Citigroup reissued a "buy" rating and issued a $315.00 price objective (down from $330.00) on shares of Apple in a research report on Tuesday, January 20th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $297.58.

Apple Trading Down 0.4%

Shares of NASDAQ AAPL opened at $247.99 on Friday. The company has a quick ratio of 0.94, a current ratio of 0.97 and a debt-to-equity ratio of 0.87. The stock's 50 day moving average price is $260.99 and its two-hundred day moving average price is $262.20. Apple Inc. has a 52-week low of $169.21 and a 52-week high of $288.62. The stock has a market capitalization of $3.64 trillion, a P/E ratio of 31.35, a PEG ratio of 2.21 and a beta of 1.10.

Apple (NASDAQ:AAPL - Get Free Report) last issued 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 return on equity of 159.94% and a net margin of 27.04%.The business had revenue of $143.76 billion during the quarter, compared to the consensus estimate of $138.25 billion. During the same period in the previous year, the business earned $2.40 EPS. The business's quarterly revenue was up 15.7% on a year-over-year basis. On average, analysts anticipate that Apple Inc. will post 7.28 earnings per share for the current fiscal year.

Apple Dividend Announcement

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

Key Headlines Impacting Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: China strength: iPhone sales in China jumped ~23% in the first nine weeks of 2026, outpacing a weak local market and supporting Apple's revenue and unit growth prospects in a key market. Apple's China smartphone sales jump 23%
• Positive Sentiment: Product demand: Apple’s Mac had its best-ever launch week for first-time customers, signaling continued strength in Mac demand that can help hardware revenue mix. Apple Mac sees best ever launch week
• Positive Sentiment: Legal win on Apple Watch: A U.S. trade tribunal preliminarily ruled redesigned Apple Watches don’t infringe Masimo patents, fending off a renewed import ban and removing a regulatory/shutdown risk for Watch shipments. Apple Watch clears key patent challenge
• Positive Sentiment: AI/App Store monetization: Reporting suggests Apple made ~$900M from AI-related App Store activity last year and could top $1B soon — a recurring, high-margin revenue stream that supports services growth. Apple made $900M from AI
• Neutral Sentiment: CEO outreach: Tim Cook’s China visit reinforces focus on local partnerships and regulatory navigation — positive strategically but not an immediate earnings catalyst. Tim Cook's China visit
• Neutral Sentiment: New integrations and content deals (Apple Health integrations, Apple TV sports/content deals) expand ecosystem stickiness but their near-term revenue impact is uncertain. Apple Health integrates with Perplexity Health
• Negative Sentiment: Security risk: Researchers flagged the "DarkSword" iOS exploit and related spyware/ghostblade campaigns targeting crypto wallets; Apple has issued alerts and pushed patches — security scares can dent consumer confidence and spur short-term churn or support costs. DarkSword iPhone exploit threatens wallets
• Negative Sentiment: Market sentiment and positioning: Some AI-driven price models are bearish for Q2 and there’s visible insider selling and mixed analyst positioning — these contribute to short-term selling pressure. AI sets Apple stock price for Q2 2026

Apple 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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