Beacon Financial Advisory LLC Grows Holdings in Apple Inc. $AAPL

Beacon Financial Advisory LLC increased its stake in Apple Inc. (NASDAQ:AAPL) by 7.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 41,045 shares of the iPhone maker’s stock after acquiring an additional 2,863 shares during the period. Apple makes up approximately 2.4% of Beacon Financial Advisory LLC’s investment portfolio, making the stock its 6th biggest position. Beacon Financial Advisory LLC’s holdings in Apple were worth $10,451,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Resonant Capital Advisors LLC lifted its position in Apple by 3.3% in the third quarter. Resonant Capital Advisors LLC now owns 95,292 shares of the iPhone maker’s stock worth $24,264,000 after purchasing an additional 3,036 shares during the period. Harel Insurance Investments & Financial Services Ltd. increased its position in shares of Apple by 2.4% during the 3rd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 354,218 shares of the iPhone maker’s stock valued at $90,183,000 after purchasing an additional 8,191 shares during the period. Meitav Investment House Ltd. raised its stake in shares of Apple by 15.7% in the 3rd quarter. Meitav Investment House Ltd. now owns 81,162 shares of the iPhone maker’s stock worth $20,665,000 after buying an additional 11,001 shares in the last quarter. Compass Ion Advisors LLC raised its stake in shares of Apple by 4.1% in the 3rd quarter. Compass Ion Advisors LLC now owns 24,509 shares of the iPhone maker’s stock worth $6,241,000 after buying an additional 960 shares in the last quarter. Finally, Walkner Condon Financial Advisors LLC boosted its stake in Apple by 2.0% during the third quarter. Walkner Condon Financial Advisors LLC now owns 60,586 shares of the iPhone maker’s stock valued at $15,427,000 after buying an additional 1,199 shares in the last quarter. Institutional investors own 67.73% of the company’s stock.

Apple Stock Down 5.0%

Shares of Apple stock opened at $261.73 on Friday. Apple Inc. has a 1 year low of $169.21 and a 1 year high of $288.62. The company has a market cap of $3.84 trillion, a P/E ratio of 33.09, a P/E/G ratio of 2.46 and a beta of 1.09. 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 stock has a 50-day moving average price of $267.08 and a 200 day moving average price of $255.22.

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

Apple Dividend Announcement

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

More Apple News

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple posted stronger-than-expected quarterly results and continued iPhone strength, which underpins revenue and margin resilience. Here’s Why Apple’s Stock Dropped 5% Today
• Positive Sentiment: Bernstein raised its price target and bullish analyst notes highlight Apple’s AI roadmap and services upside, offering a longer-term constructive view. Sanford C. Bernstein Raises Apple Price Target to $340.00
• Positive Sentiment: Apple bought full rights to the hit show “Severance” and will produce future seasons in-house — a strategic push for Apple TV+ that can boost content control and margins long term. Apple acquires all rights to Severance, will produce future seasons in-house
• Neutral Sentiment: Vision Pro added YouTube, which improves platform utility, but VR demand is reported to be cooling — a mixed signal for device adoption and services monetization. Apple’s Vision Pro Gets YouTube, but VR Demand Keeps Sliding
• Negative Sentiment: Multiple reports say Apple’s major Siri AI upgrade has run into testing problems and will be delayed, undermining near-term AI momentum and stoking investor concern about execution. Apple has worst day since April as company faces FTC scrutiny, Siri delay reports
• Negative Sentiment: The FTC has publicly raised concerns about alleged bias in Apple News and asked CEO Tim Cook to review curation policies, adding regulatory risk and political headlines that can pressure shares. US FTC airs concerns over allegations that Apple suppresses right-wing content on Apple News
• Negative Sentiment: Wider market AI fears and reports that investors are marking down Apple’s valuation led to an estimated ~$200B market-cap hit as funds rotate away from megacap AI exposure. Apple sees $200 billion market-cap wipeout as stock slides on AI fears

Wall Street Analysts Forecast Growth

AAPL has been the topic of a number of research analyst reports. Robert W. Baird set a $300.00 target price on Apple in a report on Friday, October 31st. The Goldman Sachs Group restated a “buy” rating and set a $330.00 price objective on shares of Apple in a research report on Friday, January 30th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Apple in a report on Monday, December 29th. Barclays reissued an “underweight” rating and set a $239.00 target price (up from $230.00) on shares of Apple in a research note on Friday, January 30th. Finally, Bank of America raised their target price on shares of Apple from $270.00 to $320.00 and gave the stock a “buy” rating in a report on Wednesday, October 29th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $292.13.

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.