Apple Inc. $AAPL Stock Position Raised by Farnam Financial LLC

Farnam Financial LLC grew its holdings in shares of Apple Inc. (NASDAQ:AAPL) by 92.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 27,378 shares of the iPhone maker’s stock after buying an additional 13,138 shares during the quarter. Apple accounts for about 5.4% of Farnam Financial LLC’s investment portfolio, making the stock its 4th largest holding. Farnam Financial LLC’s holdings in Apple were worth $6,971,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in AAPL. Life Planning Partners Inc acquired a new stake in Apple in the third quarter valued at $218,000. Maltin Wealth Management Inc. increased its position in shares of Apple by 81.6% in the 3rd quarter. Maltin Wealth Management Inc. now owns 11,362 shares of the iPhone maker’s stock worth $2,893,000 after purchasing an additional 5,107 shares during the last quarter. Mainsail Financial Group LLC increased its position in shares of Apple by 4.2% in the 3rd quarter. Mainsail Financial Group LLC now owns 6,202 shares of the iPhone maker’s stock worth $1,579,000 after purchasing an additional 250 shares during the last quarter. Pioneer Trust Bank N A OR raised its stake in shares of Apple by 2.6% in the 3rd quarter. Pioneer Trust Bank N A OR now owns 122,088 shares of the iPhone maker’s stock valued at $31,087,000 after purchasing an additional 3,107 shares in the last quarter. Finally, Pasadena Private Wealth LLC lifted its position in shares of Apple by 2.7% during the third quarter. Pasadena Private Wealth LLC now owns 71,718 shares of the iPhone maker’s stock worth $18,261,000 after purchasing an additional 1,890 shares during the last quarter. Institutional investors and hedge funds own 67.73% of the company’s stock.

Insider Activity at Apple

In related news, insider Chris Kondo sold 3,752 shares of Apple stock in a transaction dated Friday, November 7th. The shares were sold at an average price of $271.23, for a total transaction of $1,017,654.96. Following the sale, the insider directly owned 15,098 shares in the company, valued at $4,095,030.54. The trade was a 19.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.06% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on AAPL. DZ Bank upgraded Apple from a “hold” rating to a “buy” rating and set a $300.00 price objective on the stock in a research note on Tuesday, November 4th. Monness Crespi & Hardt boosted their price target on Apple from $300.00 to $315.00 and gave the company a “buy” rating in a report on Friday. Rosenblatt Securities raised their price objective on Apple from $250.00 to $267.00 and gave the stock a “neutral” rating in a research note on Friday. Robert W. Baird set a $300.00 price objective on shares of Apple in a report on Friday, October 31st. Finally, TD Cowen reissued a “buy” rating and set a $325.00 target price on shares of Apple in a report on Friday. One research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $289.23.

Key Stories Impacting Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Record quarter driven by iPhone 17 and China — Apple beat revenue and EPS expectations, reported record iPhone sales and gave strong March-quarter revenue/margin guidance, supporting bullish near-term fundamentals. Apple sales, profit beat
• Positive Sentiment: Analyst upgrades/price-target increases — Several firms raised targets and reiterated buy ratings after the beat (including TD Cowen, JPMorgan, Monness Crespi & Hardt), which supports upside sentiment among institutional investors. Analyst notes
• Neutral Sentiment: AI strategy remains ambiguous — Apple announced partnerships (e.g., Google Gemini) and made AI-related M&A (Q.ai), but offered limited execution details; these moves signal intent but leave monetization and competitive positioning unclear. AI details unclear
• Neutral Sentiment: Potential supply-chain diversification — Reports that Apple is exploring U.S. foundry partners (e.g., Intel) could ease long-term sourcing risk but are early-stage and not an immediate fix for 2026 capacity issues. Intel foundry reports
• Negative Sentiment: Rising memory-chip costs and shortages — Apple warned memory prices are beginning to bite; suppliers like Samsung and SK Hynix are prioritizing AI chips, tightening supply and pressuring gross margins if costs stay elevated. Memory cost warning
• Negative Sentiment: iPhone production constraints — Multiple reports say TSMC/other chip shortages are limiting Apple’s ability to meet iPhone demand, forcing Apple to prioritize premium models and potentially capping unit growth despite strong demand. TSMC supply short
• Negative Sentiment: Talent and execution questions in AI — Reports of AI researcher departures and commentary that the Google partnership could limit Apple’s AI upside have soured investor enthusiasm for Apple’s AI prospects. AI researcher departures

Apple Stock Up 0.5%

AAPL stock opened at $259.48 on Friday. The company has a quick ratio of 0.86, a current ratio of 0.89 and a debt-to-equity ratio of 1.06. Apple Inc. has a fifty-two week low of $169.21 and a fifty-two week high of $288.62. The firm’s 50-day simple moving average is $268.38 and its 200 day simple moving average is $251.72. The stock has a market cap of $3.81 trillion, a PE ratio of 32.80, a price-to-earnings-growth ratio of 2.40 and a beta of 1.09.

Apple (NASDAQ:AAPL) last posted its earnings results on Thursday, January 29th. The iPhone maker reported $2.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.67 by $0.17. The firm had revenue of $143.76 billion during the quarter, compared to analyst estimates of $138.25 billion. Apple had a net margin of 27.04% and a return on equity of 171.22%. Apple’s revenue was up 15.7% on a year-over-year basis. During the same period in the previous year, the business posted $2.40 EPS. As a group, sell-side analysts predict that Apple Inc. will post 7.28 EPS for the current year.

Apple Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 12th. Stockholders of record on Monday, February 9th will be paid a $0.26 dividend. The ex-dividend date of this dividend is Monday, February 9th. This represents a $1.04 annualized dividend and a dividend yield of 0.4%. Apple’s dividend payout ratio is presently 13.92%.

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.