Fifth Third Wealth Advisors LLC Has $101.76 Million Stake in Apple Inc. $AAPL

Key Points

• Fifth Third Wealth Advisors LLC increased its Apple stake by 1.4% in Q4 and now holds 374,297 shares worth about $101.76 million, representing ~3.6% of its portfolio and its fifth-largest holding.
• Apple beat Q1 estimates with EPS of $2.84 (vs. $2.67 est.) and revenue of $143.76 billion (up 15.7% YoY), while the stock trades with a market cap of ~$3.82 trillion and a consensus target price of $301.23 (average rating: Moderate Buy).
• Insiders sold stock recently—CEO Timothy D. Cook sold 64,949 shares for about $16.5 million on April 2 under a Rule 10b5‑1 plan—while institutional investors own roughly 67.73% of Apple.

Fifth Third Wealth Advisors LLC grew its stake in shares of Apple Inc. (NASDAQ:AAPL - Free Report) by 1.4% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 374,297 shares of the iPhone maker's stock after acquiring an additional 5,242 shares during the period. Apple comprises approximately 3.6% of Fifth Third Wealth Advisors LLC's investment portfolio, making the stock its 5th biggest holding. Fifth Third Wealth Advisors LLC's holdings in Apple were worth $101,756,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Reyes Financial Architecture Inc. raised its stake in Apple by 0.4% in the third quarter. Reyes Financial Architecture Inc. now owns 9,898 shares of the iPhone maker's stock worth $2,520,000 after buying an additional 37 shares in the last quarter. WESPAC Advisors LLC raised its stake in Apple by 0.3% in the fourth quarter. WESPAC Advisors LLC now owns 12,326 shares of the iPhone maker's stock worth $3,351,000 after buying an additional 39 shares in the last quarter. American Alpha Advisors LLC raised its stake in Apple by 3.7% in the third quarter. American Alpha Advisors LLC now owns 1,151 shares of the iPhone maker's stock worth $293,000 after buying an additional 41 shares in the last quarter. Capstone Wealth Management LLC raised its stake in Apple by 0.5% in the third quarter. Capstone Wealth Management LLC now owns 8,537 shares of the iPhone maker's stock worth $2,174,000 after buying an additional 42 shares in the last quarter. Finally, Seven Springs Wealth Group LLC raised its stake in Apple by 0.3% in the third quarter. Seven Springs Wealth Group LLC now owns 15,451 shares of the iPhone maker's stock worth $3,934,000 after buying an additional 42 shares in the last quarter. Institutional investors own 67.73% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on AAPL. UBS Group reissued a "neutral" rating on shares of Apple in a research note on Wednesday, March 4th. Bank of America reduced their price objective on shares of Apple from $325.00 to $320.00 and set a "buy" rating for the company in a research note on Monday, March 23rd. Stephens set a $315.00 price objective on shares of Apple in a research note on Monday, January 26th. KGI Securities raised shares of Apple to an "outperform" rating and set a $306.00 price objective for the company in a research note on Friday, January 30th. Finally, Barclays boosted their price objective on shares of Apple from $239.00 to $248.00 and gave the stock an "underweight" rating in a research note on Tuesday, March 3rd. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $301.23.

Apple Price Performance

NASDAQ AAPL opened at $260.48 on Monday. The firm's fifty day simple moving average is $260.76 and its two-hundred day simple moving average is $263.88. The company has a current ratio of 0.97, a quick ratio of 0.94 and a debt-to-equity ratio of 0.87. Apple Inc. has a 12-month low of $186.06 and a 12-month high of $288.62. The firm has a market capitalization of $3.82 trillion, a P/E ratio of 32.93, a P/E/G ratio of 2.47 and a beta of 1.11.

Apple (NASDAQ:AAPL - Get Free Report) last released its quarterly earnings results on Thursday, January 29th. The iPhone maker reported $2.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.67 by $0.17. Apple had a net margin of 27.04% and a return on equity of 159.94%. 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 business's revenue for the quarter was up 15.7% on a year-over-year basis. Analysts forecast that Apple Inc. will post 7.28 EPS for the current fiscal year.

Apple Dividend Announcement

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

Insider Buying and Selling at Apple

In other Apple news, CEO Timothy D. Cook sold 64,949 shares of Apple stock in a transaction on Thursday, April 2nd. The shares were sold at an average price of $254.23, for a total value of $16,511,984.27. Following the transaction, the chief executive officer directly owned 3,280,418 shares of the company's stock, valued at approximately $833,980,668.14. The trade was a 1.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Deirdre O'brien sold 30,002 shares of Apple stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $255.35, for a total transaction of $7,661,010.70. Following the completion of the transaction, the senior vice president directly owned 136,810 shares in the company, valued at $34,934,433.50. This represents a 17.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.06% of the stock is currently owned by insiders.

Key Headlines Impacting Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Market share gains: Counterpoint/Reuters data show Apple led global smartphone shipments in Q1 with about 21% share and 5% year‑over‑year growth — a signal of resilient iPhone demand that underpins revenue and margin outlooks. Apple leads global smartphone shipments
• Positive Sentiment: Supplier strength: TSMC reported a 35% jump in Q1 revenue on AI chip demand — good for Apple’s advanced chip supply continuity and pricing leverage for devices using leading-node silicon. TSMC revenue surges
• Positive Sentiment: Services distribution lift: Apple TV becoming available as a paid add‑on on Amazon Prime Video in the U.S. expands services reach and monetization channels for Apple’s content/subscription ecosystem. Apple TV lands on Amazon Prime Video
• Neutral Sentiment: Options activity: Reports of unusual bullish options flow suggest some investors are positioning for upside, but options can amplify short‑term moves without changing fundamentals. Unusual Activity in Apple Options Today
• Neutral Sentiment: Institutional moves: Coverage notes Israel Englander trimmed a Millennium position and other filings show insider sales — routine portfolio rebalancing that merits monitoring but not necessarily a directional signal alone. Israel Englander Trims Stake
• Negative Sentiment: Retail/ labor risk: Apple will close three U.S. mall stores in June including its first unionized location in Towson, Maryland. The move raises labor‑relations and PR concerns and highlights brick‑and‑mortar pressure — a small revenue line but reputational and employee‑relation risk. Apple to shutter its first unionized US store
• Negative Sentiment: Earnings/forecast downside: Jefferies flagged a possible slight March‑quarter miss (weaker iPhone sales, higher memory costs) and Erste lowered FY2027 EPS estimates — both could pressure near‑term sentiment ahead of formal guidance. Apple set to deliver slight earnings miss
• Negative Sentiment: Product timing concerns: Ongoing reports about foldable iPhone technical challenges and potential delays keep some investors cautious about the next major product catalyst. Foldable iPhone remains on track

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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