Apple Inc. $AAPL Stock Position Boosted by Alexander Labrunerie & CO. Inc.

Key Points

• Alexander Labrunerie & CO. Inc. raised its Apple stake by 2.4% in Q3 to 108,095 shares (adding 2,487 shares), making Apple its largest holding at about 10.2% and worth $27.524 million per its latest 13F filing.
• Other major institutional moves include new, large stakes from Norges Bank (~$38.94 billion) and Nuveen (~$17.47 billion), with institutional investors now owning 67.73% of Apple.
• Analysts maintain a consensus “Moderate Buy” with an average price target of $297.58; Apple recently beat quarterly estimates (EPS $2.84 vs. $2.67; revenue $143.76B vs. $138.25B), has a $3.66 trillion market cap and a 0.4% dividend yield.

Alexander Labrunerie & CO. Inc. raised its holdings in Apple Inc. (NASDAQ:AAPL - Free Report) by 2.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 108,095 shares of the iPhone maker's stock after buying an additional 2,487 shares during the quarter. Apple makes up approximately 10.2% of Alexander Labrunerie & CO. Inc.'s holdings, making the stock its largest holding. Alexander Labrunerie & CO. Inc.'s holdings in Apple were worth $27,524,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Norges Bank purchased a new stake in Apple during the second quarter valued at about $38,942,255,000. Nuveen LLC purchased a new position in shares of Apple in the 1st quarter worth about $17,472,482,000. PKS Advisory Services LLC lifted its stake in shares of Apple by 98,917.0% in the 2nd quarter. PKS Advisory Services LLC now owns 57,956,620 shares of the iPhone maker's stock valued at $12,106,000 after purchasing an additional 57,898,088 shares in the last quarter. Laurel Wealth Advisors LLC lifted its stake in shares of Apple by 20,464.8% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 27,069,029 shares of the iPhone maker's stock valued at $5,553,753,000 after purchasing an additional 26,937,401 shares in the last quarter. Finally, Northern Trust Corp grew 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 worth $42,918,365,000 after purchasing an additional 20,079,472 shares during the period. Institutional investors and hedge funds own 67.73% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on AAPL. Stifel Nicolaus set a $330.00 price target on shares of Apple in a report on Monday, March 2nd. CLSA boosted their price objective on shares of Apple from $265.00 to $330.00 and gave the stock an "outperform" rating in a research note on Friday, December 5th. 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. Weiss Ratings reissued a "buy (b-)" rating on shares of Apple in a research note on Monday, December 29th. Finally, Loop Capital restated a "buy" rating and set a $325.00 target price (up from $315.00) on shares of Apple in a report on Tuesday, December 2nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, Apple has a consensus rating of "Moderate Buy" and an average price target of $297.58.

Apple Price Performance

AAPL opened at $248.96 on Friday. Apple Inc. has a twelve month low of $169.21 and a twelve month high of $288.62. The firm has a market cap of $3.66 trillion, a price-to-earnings ratio of 31.47, a PEG ratio of 2.23 and a beta of 1.10. The company has a current ratio of 0.97, a quick ratio of 0.94 and a debt-to-equity ratio of 0.87. The company has a fifty day simple moving average of $261.22 and a 200 day simple moving average of $261.86.

Apple (NASDAQ:AAPL - Get Free Report) last announced its earnings results on Thursday, January 29th. The iPhone maker reported $2.84 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to analyst estimates of $138.25 billion. During the same period in the previous year, the company earned $2.40 earnings per share. The company's revenue for the quarter was up 15.7% compared to the same quarter last year. Equities research analysts expect that Apple Inc. will post 7.28 EPS for the current fiscal year.

Apple Announces Dividend

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

Key Apple News

Here are the key news stories impacting Apple this week:

• Positive Sentiment: China iPhone demand is accelerating — iPhone sales in the first nine weeks of 2026 jumped ~23%, outpacing a weak overall market and supporting revenue growth and regional resilience. Apple's China smartphone sales jump 23% to start 2026, bucking industry trend
• Positive Sentiment: Legal win for Apple Watch — a U.S. trade‑tribunal judge preliminarily ruled Apple’s redesigned watches do not infringe Masimo patents, blocking a fresh import ban and removing a regulatory/legal overhang on watch sales. Apple fends off bid for new Apple Watch import ban at US trade tribunal
• Positive Sentiment: AI & services monetization helping the top line — reports estimate Apple earned roughly $900M from AI-related activity last year with App Store fees a growing recurring revenue stream projected to approach $1B. This underpins the services/AI revenue narrative even as hardware competition intensifies. Apple Made $900M From AI Last Year While Rivals Burned Through Cash
• Positive Sentiment: Product & ecosystem updates — Apple refreshed AirPods Max and closed a MotionVFX deal to deepen creator tools and services, supporting wearables and services revenue opportunities. The Morning After: Apple's surprise AirPods Max refresh - Engadget Apple’s MotionVFX Deal Deepens Creator Studio And Services Ecosystem
• Neutral Sentiment: App Store fee cut in China — Apple trimmed its mainland China App Store commission to 25%, a regulatory concession that helps local relations and may boost app ecosystem activity but could modestly reduce services take‑rate. Apple (AAPL) Stock Rises as Tim Cook Tours China Amid App Store Fee Reduction to 25%
• Neutral Sentiment: Tim Cook’s China visit raises confidence in market strategy — management’s high‑visibility trip and messaging reduce geopolitical uncertainty in a key market but don’t immediately change fundamentals. Apple Stock (AAPL) Opinions on Tim Cook's China Visit
• Negative Sentiment: Security alert — Apple urged users to update iOS after discovery of new spyware able to take over older iPhones; heightened security risk can hurt user trust and raise support/cost issues. Apple issues iPhone spyware alert to users
• Negative Sentiment: Insider selling & capex signal concerns — disclosures show sustained insider sales and reports note Apple is the only "Mag 7" firm with declining capex, which some investors view as underinvestment for long‑term AI and hardware initiatives. Apple Stock (AAPL) Opinions on Tim Cook's China Visit (insider data) Fun Fact: Apple (AAPL) Is the Only Mag 7 Company Whose Capex Is Declining
• Negative Sentiment: Supply‑chain shift risk — TSMC reporting Nvidia as its largest customer highlights industry re‑ranking in AI compute demand; TSMC’s shift toward Nvidia could signal lower relative wafer demand from Apple over time. TSMC: Nvidia Overtakes Apple as Top Customer
• Neutral Sentiment: Short‑interest data shows anomalies — filings today show effectively zero reported short interest (likely a data error), so no clear short‑pressure signal from short positions. Market data (short interest summary)

About Apple

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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