Arkadios Wealth Advisors Has $175.54 Million Holdings in Apple Inc. $AAPL

Key Points

• Arkadios Wealth Advisors increased its Apple stake by 6.7% in the first quarter to 691,690 shares valued at $175.54 million, making Apple its largest portfolio holding and representing 2.9% of its assets.
• Apple reported quarterly earnings of $2.02 per share on $109.42 billion in revenue, exceeding estimates, while revenue rose 16.4% year over year. Institutional investors own 67.73% of the company.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $328.60; Apple also declared a quarterly dividend of $0.27 per share, implying a 0.4% yield.

Arkadios Wealth Advisors raised its stake in shares of Apple Inc. (NASDAQ:AAPL - Free Report) by 6.7% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 691,690 shares of the iPhone maker's stock after buying an additional 43,242 shares during the quarter. Apple comprises 2.9% of Arkadios Wealth Advisors' portfolio, making the stock its largest holding. Arkadios Wealth Advisors' holdings in Apple were worth $175,544,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of AAPL. Rainier Family Wealth Inc. boosted its holdings in Apple by 14.1% during the first quarter. Rainier Family Wealth Inc. now owns 24,386 shares of the iPhone maker's stock worth $6,189,000 after buying an additional 3,014 shares in the last quarter. Eaton Cambridge Inc. increased its holdings in Apple by 21.3% in the first quarter. Eaton Cambridge Inc. now owns 13,968 shares of the iPhone maker's stock valued at $3,545,000 after buying an additional 2,450 shares in the last quarter. Torren Management LLC acquired a new stake in shares of Apple during the 4th quarter valued at approximately $1,178,000. Summit Wealth Partners LLC lifted its position in shares of Apple by 108.3% during the 1st quarter. Summit Wealth Partners LLC now owns 34,989 shares of the iPhone maker's stock valued at $8,880,000 after acquiring an additional 18,188 shares during the period. Finally, Adventist Health System Sunbelt Healthcare Corp acquired a new stake in shares of Apple during the 4th quarter valued at approximately $105,482,000. 67.73% of the stock is currently owned by institutional investors.

Apple Price Performance

Shares of NASDAQ:AAPL opened at $302.25 on Thursday. The business's fifty day moving average price is $309.12 and its two-hundred day moving average price is $284.64. The stock has a market cap of $4.41 trillion, a PE ratio of 34.66, a price-to-earnings-growth ratio of 2.61 and a beta of 1.09. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.93 and a current ratio of 1.00. Apple Inc. has a one year low of $223.78 and a one year high of $344.57.

Apple (NASDAQ:AAPL - Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The iPhone maker reported $2.02 earnings per share for the quarter, topping 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 company 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 firm posted $1.57 earnings per share. The business's revenue for the quarter was up 16.4% compared to the same quarter last year. On average, analysts forecast that Apple Inc. will post 8.76 EPS for the current fiscal year.

Apple Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 13th. Investors of record on Monday, August 10th will be paid a $0.27 dividend. The ex-dividend date of this dividend is Monday, August 10th. This represents a $1.08 annualized dividend and a yield of 0.4%. Apple's payout ratio is presently 12.39%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on AAPL shares. KGI Securities cut Apple from an "outperform" rating to a "hold" rating and set a $315.00 price target on the stock. in a report on Monday, June 22nd. Citigroup reaffirmed a "buy" rating and set a $365.00 price objective (up from $315.00) on shares of Apple in a report on Monday, July 13th. Wells Fargo & Company reiterated an "overweight" rating and set a $350.00 target price (up from $310.00) on shares of Apple in a research report on Friday, July 31st. JPMorgan Chase & Co. lowered their target price on Apple from $345.00 to $340.00 and set an "overweight" rating on the stock in a report on Friday, July 31st. Finally, KeyCorp restated an "underweight" rating and issued a $250.00 price target on shares of Apple in a research report on Tuesday, July 28th. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, ten have issued a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $328.60.

More Apple News

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple is testing DRAM chips from China’s ChangXin Memory Technologies (CXMT) for iPhones and MacBooks and has discussed potential supply arrangements. Diversifying memory suppliers could reduce shortages and limit cost pressure, although geopolitical and quality-control risks remain. Apple’s CXMT Bet Could Strengthen Its Memory Supply, But Risks Remain
• Positive Sentiment: Apple is reportedly in talks with publishers to license content for an AI-powered Siri. Access to current, high-quality information could improve Siri as Apple prepares a major AI-focused iPhone software update. Apple in Talks to Pay Publishers to Improve AI-Powered Siri
• Positive Sentiment: Apple’s latest quarter remained strong, with revenue up 16.4% year over year and earnings exceeding consensus estimates. Some investors also view the recent pullback as an accumulation opportunity, while Crake Asset Management reportedly increased its Apple position.
• Neutral Sentiment: Apple hired former American Airlines executive Nate Gatten to lead government affairs, highlighting the importance of tariffs, regulation and White House relations. The appointment could improve policy execution but also underscores heightened political risk. Apple Hires Former American Airlines Executive to Lead Government Affairs
• Neutral Sentiment: CEO Tim Cook is expected to hand leadership to John Ternus on September 1, while Apple Pay and Wallet chief Jennifer Bailey plans to retire in October. The transitions create execution uncertainty but may also mark a planned leadership refresh.
• Negative Sentiment: Jefferies cut its Apple rating and price target, questioning whether the company has sufficient iPhone and AI momentum to justify its premium valuation. The firm also cited supply-chain concerns about a high-end all-glass iPhone and weaker average-selling-price growth. Apple Stock Falls After Jefferies Slashes Price Target
• Negative Sentiment: Memory shortages driven by AI demand are raising Apple’s bill of materials and could pressure margins or force additional iPhone price increases. Google’s new Pixel 11 lineup also intensifies competition in AI-enabled smartphones. Apple additionally faces a class-action lawsuit alleging that its iCloud+ privacy claims misled consumers.

Insiders Place Their Bets

In other Apple news, insider Ben Borders sold 116 shares of the company's stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $295.14, for a total value of $34,236.24. Following the transaction, the insider directly owned 38,713 shares in the company, valued at approximately $11,425,754.82. This represents a 0.30% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 0.06% of the company's stock.

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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