Apple Inc. $AAPL Stock Acquired by Aletheian Wealth Advisors LLC

Key Points

• Aletheian Wealth Advisors increased its Apple position by 11.4% in the second quarter, holding 17,119 shares worth approximately $4.95 million. Several other institutional investors also added to their stakes, with institutions collectively owning 67.73% of Apple.
• Apple’s fall product cycle and new ecosystem offerings are supporting growth expectations, while recent earnings exceeded forecasts with revenue rising 16.4% year over year. However, higher component costs, potential iPhone pricing pressure, AI competition and a $5.7 billion patent verdict pose risks.
• Analyst sentiment remains broadly positive, with a consensus “Moderate Buy” rating and an average price target of $340.02, although Morgan Stanley recently lowered its target to $355 from $360. Apple shares opened at $333.69, near their 52-week high of $345.34.

Aletheian Wealth Advisors LLC lifted its holdings in Apple Inc. (NASDAQ:AAPL - Free Report) by 11.4% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 17,119 shares of the iPhone maker's stock after buying an additional 1,751 shares during the period. Apple comprises 2.1% of Aletheian Wealth Advisors LLC's holdings, making the stock its 12th largest holding. Aletheian Wealth Advisors LLC's holdings in Apple were worth $4,954,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. Tactive Advisors LLC grew its holdings in Apple by 2.1% during the 2nd quarter. Tactive Advisors LLC now owns 26,560 shares of the iPhone maker's stock valued at $7,657,000 after purchasing an additional 535 shares during the last quarter. Everhart Financial Group Inc. lifted its stake in Apple by 39.6% in the second quarter. Everhart Financial Group Inc. now owns 197,086 shares of the iPhone maker's stock worth $57,029,000 after purchasing an additional 55,929 shares during the last quarter. Sax Wealth Advisors LLC lifted its stake in Apple by 15.3% in the second quarter. Sax Wealth Advisors LLC now owns 124,661 shares of the iPhone maker's stock worth $36,072,000 after purchasing an additional 16,504 shares during the last quarter. Everpar Advisors LLC boosted its position in shares of Apple by 0.7% during the second quarter. Everpar Advisors LLC now owns 48,301 shares of the iPhone maker's stock valued at $13,976,000 after buying an additional 352 shares during the period. Finally, Hennion & Walsh Asset Management Inc. boosted its position in shares of Apple by 0.9% during the second quarter. Hennion & Walsh Asset Management Inc. now owns 68,053 shares of the iPhone maker's stock valued at $19,692,000 after buying an additional 575 shares during the period. Institutional investors own 67.73% of the company's stock.

Trending Headlines about Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple is launching new safeguards designed to protect its devices from probing AI agents. The move may strengthen user trust and help preserve Apple’s security-focused ecosystem as agentic AI becomes more prominent. Apple Launches New Safeguards Against AI Agents
• Positive Sentiment: The fall product cycle remains a near-term tailwind. Morgan Stanley modestly raised its revenue forecast after Apple’s launches, while Counterpoint reportedly expects about 6 million sales of the $1,999 foldable iPhone Duo this year. New Apple Watch health features and potential smart-home products could also broaden the company’s ecosystem. Apple’s Fall Product Cycle Could Support Revenue Growth
• Neutral Sentiment: Morgan Stanley maintained an Overweight rating but lowered its price target to $355 from $360. Higher memory and component costs, along with possible iPhone pricing pressure, are offsetting much of the expected product-revenue benefit. Morgan Stanley Adjusts Price Target on Apple
• Negative Sentiment: A jury’s $5.7 billion patent verdict against Apple has raised concerns about potential ongoing royalties and pressure on hardware margins. Apple’s $5.7 Billion Patent Verdict Raises a Bigger Royalty Question
• Negative Sentiment: Investors remain worried that AI agents from rivals such as Meta could bypass the App Store and weaken Apple’s high-margin services business. Analysts also see limited upside after Apple’s strong run and its relatively rich valuation.
• Negative Sentiment: Senior Vice President Jennifer Newstead sold 2,399 shares valued at approximately $806,496, reducing her direct holdings by 5.4%. The transaction is small relative to her remaining stake but adds modest insider-selling pressure. Apple Insider Transaction Filing

Insider Buying and Selling at Apple

In related news, SVP Jennifer Newstead sold 2,399 shares of the company's stock in a transaction dated Tuesday, September 29th. The shares were sold at an average price of $336.18, for a total value of $806,495.82. Following the completion of the sale, the senior vice president directly owned 41,992 shares of the company's stock, valued at $14,116,870.56. This represents a 5.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold 13,430 shares of company stock valued at $4,342,255 in the last ninety days. Insiders own 0.06% of the company's stock.

Analyst Ratings Changes

AAPL has been the topic of several recent analyst reports. Sanford C. Bernstein reiterated an "outperform" rating on shares of Apple in a report on Friday, September 25th. UBS Group restated a "buy" rating on shares of Apple in a report on Thursday, September 17th. China Renaissance downgraded Apple from a "buy" rating to a "hold" rating and cut their price objective for the company from $329.00 to $280.00 in a research report on Tuesday, August 4th. KeyCorp reiterated an "underweight" rating on shares of Apple in a research note on Friday, September 4th. Finally, Morgan Stanley set a $355.00 target price on Apple and gave the stock an "overweight" rating in a research report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, thirteen have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $340.02.

Apple Price Performance

Shares of NASDAQ:AAPL opened at $333.69 on Monday. The business's 50 day moving average is $322.16 and its 200 day moving average is $300.35. The stock has a market cap of $4.87 trillion, a P/E ratio of 38.27, a price-to-earnings-growth ratio of 2.66 and a beta of 1.07. Apple Inc. has a 52-week low of $243.42 and a 52-week high of $345.34. 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 issued its earnings results on Thursday, July 30th. The iPhone maker reported $2.02 earnings per share for the quarter, beating analysts' consensus estimates of $1.89 by $0.13. Apple had a return on equity of 135.46% and a net margin of 27.62%.The business had revenue of $109.42 billion during the quarter, compared to analyst estimates 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. Sell-side analysts predict that Apple Inc. will post 8.75 EPS for the current year.

Apple Announces Dividend

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

Apple Profile

Apple Inc is a technology company that designs, develops and markets 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 software platforms, including iOS, macOS, iPadOS, watchOS and visionOS.

Apple's services business includes the App Store, Apple Music, Apple TV+, Apple Arcade, Apple News+, Apple Fitness+ and iCloud.

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