Apple Inc. $AAPL Stock: Tempus Wealth Planning LLC Increases Stake

Key Points

• Tempus Wealth Planning increased its Apple stake by 10.8% in the third quarter, bringing its holdings to 39,534 shares valued at approximately $13.2 million. Apple represents about 2.5% of the firm’s portfolio and is its fourth-largest holding.
• Institutional investors own 67.73% of Apple, while several funds also initiated or expanded positions. Apple recently reported quarterly EPS of $2.02 and revenue of $109.42 billion, exceeding analyst expectations.
• Apple shares traded near their 52-week high at $347.73, with a market capitalization of roughly $5.07 trillion and a price-to-earnings ratio near 40. Analysts maintain a “Moderate Buy” consensus, though some have downgraded the stock amid valuation and execution concerns.

Tempus Wealth Planning LLC boosted its position in shares of Apple Inc. (NASDAQ:AAPL - Free Report) by 10.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 39,534 shares of the iPhone maker's stock after buying an additional 3,855 shares during the period. Apple makes up about 2.5% of Tempus Wealth Planning LLC's portfolio, making the stock its 4th biggest holding. Tempus Wealth Planning LLC's holdings in Apple were worth $13,165,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in AAPL. Avenir Tech Ltd purchased a new stake in Apple during the second quarter valued at approximately $29,000. Longfellow Investment Management Co. LLC purchased a new position in shares of Apple in the 2nd quarter worth approximately $30,000. Ascentis Wealth Management LLC boosted its holdings in shares of Apple by 822.7% in the 2nd quarter. Ascentis Wealth Management LLC now owns 292,493 shares of the iPhone maker's stock worth $85,000 after purchasing an additional 260,792 shares during the period. Bamco Inc. NY bought a new position in shares of Apple during the 2nd quarter valued at approximately $118,000. Finally, Bard Associates Inc. bought a new position in shares of Apple during the 2nd quarter valued at approximately $161,000. Hedge funds and other institutional investors own 67.73% of the company's stock.

Apple Price Performance

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

Apple (NASDAQ:AAPL - Get Free Report) last announced its quarterly earnings data 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 during the quarter, compared to analysts' expectations of $109.04 billion. During the same period in the previous year, the business posted $1.57 EPS. The business's quarterly revenue was up 16.4% compared to the same quarter last year. Equities analysts anticipate that Apple Inc. will post 8.75 EPS for the current year.

Apple Dividend Announcement

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

Apple News Summary

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.

Insiders Place Their Bets

In other Apple news, SVP Jennifer Newstead sold 2,399 shares of the stock in a transaction on Tuesday, September 29th. The shares were sold at an average price of $336.18, for a total transaction of $806,495.82. Following the transaction, the senior vice president directly owned 41,992 shares of the company's stock, valued at $14,116,870.56. This trade represents a 5.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Deirdre O'brien sold 46,389 shares of Apple stock in a transaction dated Friday, October 2nd. The stock was sold at an average price of $333.42, for a total value of $15,467,020.38. Following the completion of the sale, the senior vice president owned 136,810 shares in the company, valued at approximately $45,615,190.20. The trade was a 25.32% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders sold 286,853 shares of company stock valued at $95,477,342. Corporate insiders own 0.06% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on AAPL shares. Morgan Stanley reissued an "overweight" rating on shares of Apple in a research note on Wednesday. Loop Capital cut Apple from a "buy" rating to a "hold" rating and cut their target price for the company from $370.00 to $330.00 in a research note on Tuesday, October 20th. Needham & Company LLC reiterated a "hold" rating on shares of Apple in a report on Thursday, October 1st. BTIG Research initiated coverage on Apple in a research note on Monday, August 17th. They set a "neutral" rating for the company. Finally, Seaport Research Partners cut Apple from a "buy" rating to a "neutral" rating in a report on Monday, August 17th. One investment analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, fifteen have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $340.12.

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.

Want to see what other hedge funds are holding AAPL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Apple Inc. (NASDAQ:AAPL - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.