Opal Wealth Advisors LLC Reduces Holdings in Apple Inc. $AAPL

Opal Wealth Advisors LLC lessened its stake in shares of Apple Inc. (NASDAQ:AAPL) by 23.6% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 45,368 shares of the iPhone maker’s stock after selling 14,039 shares during the period. Apple comprises approximately 3.2% of Opal Wealth Advisors LLC’s investment portfolio, making the stock its 5th biggest holding. Opal Wealth Advisors LLC’s holdings in Apple were worth $11,552,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Financial Futures Ltd Liability Co. boosted its stake in Apple by 13.2% during the second quarter. Financial Futures Ltd Liability Co. now owns 3,552 shares of the iPhone maker’s stock worth $729,000 after buying an additional 415 shares during the period. Monarch Capital Management Inc. lifted its holdings in shares of Apple by 4.6% in the 2nd quarter. Monarch Capital Management Inc. now owns 66,967 shares of the iPhone maker’s stock worth $13,740,000 after acquiring an additional 2,920 shares during the last quarter. American National Bank & Trust boosted its position in shares of Apple by 2.4% during the 2nd quarter. American National Bank & Trust now owns 195,482 shares of the iPhone maker’s stock worth $40,107,000 after purchasing an additional 4,543 shares during the period. Riverwater Partners LLC increased its holdings in Apple by 17.9% in the 2nd quarter. Riverwater Partners LLC now owns 5,404 shares of the iPhone maker’s stock valued at $1,109,000 after purchasing an additional 819 shares during the last quarter. Finally, Highland Capital Management LLC raised its position in Apple by 2.2% in the third quarter. Highland Capital Management LLC now owns 397,834 shares of the iPhone maker’s stock valued at $101,301,000 after purchasing an additional 8,446 shares during the period. Institutional investors own 67.73% of the company’s stock.

Apple Price Performance

Apple stock opened at $270.05 on Tuesday. 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 $268.26 and a 200-day simple moving average of $252.43. The stock has a market cap of $3.97 trillion, a P/E ratio of 34.14, a price-to-earnings-growth ratio of 2.37 and a beta of 1.09. Apple Inc. has a 12-month low of $169.21 and a 12-month high of $288.62.

Apple (NASDAQ:AAPL) last posted its earnings results on Thursday, January 29th. The iPhone maker reported $2.84 EPS for the quarter, beating the consensus estimate of $2.67 by $0.17. The firm had revenue of $143.76 billion for the quarter, compared to analyst estimates of $138.25 billion. Apple had a return on equity of 159.94% and a net margin of 27.04%.Apple’s revenue for the quarter was up 15.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.40 earnings per share. Equities analysts expect that Apple Inc. will post 7.28 EPS for the current fiscal year.

Apple Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 12th. Stockholders of record on Monday, February 9th will be given a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend is Monday, February 9th. Apple’s dividend payout ratio (DPR) is 13.15%.

Apple News Summary

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Strong iPhone 17 demand drove better-than-expected Q1 results and margin expansion, supporting upgrades and a more bullish outlook for revenue and profitability. The iPhone 17 Changed Everything For Apple – See China (Rating Upgrade)
• Positive Sentiment: Big banks reiterated bullish calls (Morgan Stanley, JPMorgan) citing continued iPhone 17 strength — analyst support is lifting sentiment and contributed to price-target increases. Morgan Stanley and JPMorgan Bullish on Apple Inc. (AAPL) on Strong iPhone 17 Demand
• Positive Sentiment: Several brokerages raised price targets and upgraded Apple after the quarter, adding buy-side momentum and helping push the stock higher. Apple (NASDAQ:AAPL) Price Target Raised to $315.00
• Positive Sentiment: OpenAI launched a Codex coding-assistant app for Apple computers, highlighting tighter AI app integration in the Mac ecosystem and potential demand/support for Mac hardware and services. OpenAI Unveils Codex App for Use with Apple (AAPL) Computers
• Positive Sentiment: Report that Apple acquired Israeli AI/audio startup Q.ai (≈$2B) strengthens the company’s AI content/capability pipeline and supports the AI narrative. Apple Inc. (AAPL) Acquires Israeli Startup Q.ai For Approximately $2 Billion: Report
• Neutral Sentiment: T. Rowe Price launched an active Innovation Leaders ETF that lists Apple as a core holding — potential incremental passive/active inflows but not immediate earnings impact. Nvidia, Apple, Microsoft Anchor T. Rowe Price’s New Active ETF Targeting Innovators
• Neutral Sentiment: India’s policy allowing foreign-funded equipment for contract manufacturers is a structural win for Apple’s India build-out and long-term cost/scale — supports supply diversification. India hands Apple a win by letting foreign firms fund equipment for manufacturers
• Neutral Sentiment: Reported short-interest figures in the feed are effectively zero/erroneous and aren’t influencing the move; no clear short-squeeze signal from this data. (Source: short-interest entry)
• Negative Sentiment: Supply risk: TSMC’s capacity shift toward AI chips (Nvidia demand) could squeeze Apple’s wafer allocations and exacerbate chip constraints, a risk to near-term production and inventory. Nvidia’s AI Takeover Leaves Apple Fighting For Supply
• Negative Sentiment: Talent and margin pressure: reports of AI researcher departures and commentary that rising AI-driven parts demand could lift component costs create medium-term execution and margin risks. Apple Loses More AI Researchers to Meta and Google The AI Boom Is Coming for Apple’s Profit Margins

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. Wall Street Zen lowered Apple from a “buy” rating to a “hold” rating in a research report on Sunday, November 9th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Apple in a research report on Monday. Weiss Ratings reiterated a “buy (b-)” rating on shares of Apple in a research note on Monday, December 29th. JPMorgan Chase & Co. raised their price objective on shares of Apple from $305.00 to $315.00 and gave the company an “overweight” rating in a research note on Monday, January 26th. Finally, Evercore ISI reaffirmed an “outperform” rating on shares of Apple in a research note on Monday. One equities 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 issued a Sell rating to the company’s stock. Based on data from MarketBeat, Apple has a consensus rating of “Moderate Buy” and a consensus target price of $291.41.

Insiders Place Their Bets

In related news, insider Chris Kondo sold 3,752 shares of the company’s stock in a transaction that occurred on Friday, November 7th. The stock was sold at an average price of $271.23, for a total value of $1,017,654.96. Following the completion of the transaction, the insider directly owned 15,098 shares of the company’s stock, valued at $4,095,030.54. This represents a 19.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.06% of the stock is currently owned by insiders.

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.