Angeles Wealth Management LLC Increases Stock Holdings in Apple Inc. $AAPL

Angeles Wealth Management LLC lifted its position in shares of Apple Inc. (NASDAQ:AAPL) by 6.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 148,598 shares of the iPhone maker’s stock after purchasing an additional 8,762 shares during the period. Apple comprises 2.3% of Angeles Wealth Management LLC’s portfolio, making the stock its 11th largest position. Angeles Wealth Management LLC’s holdings in Apple were worth $37,837,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Baltimore Washington Financial Advisors Inc. boosted its stake in shares of Apple by 1.4% during the 3rd quarter. Baltimore Washington Financial Advisors Inc. now owns 230,010 shares of the iPhone maker’s stock valued at $58,568,000 after buying an additional 3,134 shares during the last quarter. Cedar Wealth Management LLC raised its holdings in Apple by 30.2% in the third quarter. Cedar Wealth Management LLC now owns 10,107 shares of the iPhone maker’s stock valued at $2,574,000 after acquiring an additional 2,347 shares in the last quarter. First Trust Advisors LP boosted its stake in Apple by 0.4% during the 3rd quarter. First Trust Advisors LP now owns 4,234,034 shares of the iPhone maker’s stock valued at $1,078,112,000 after acquiring an additional 16,301 shares during the last quarter. Legacy Capital Group California Inc. grew its stake in Apple by 1.2% in the third quarter. Legacy Capital Group California Inc. now owns 127,693 shares of the iPhone maker’s stock worth $32,514,000 after purchasing an additional 1,461 shares in the last quarter. Finally, Modern Wealth Management LLC increased its holdings in Apple by 16.2% in the third quarter. Modern Wealth Management LLC now owns 460,772 shares of the iPhone maker’s stock valued at $117,326,000 after buying an additional 64,371 shares during the last quarter. 67.73% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

AAPL has been the topic of a number of research analyst reports. Evercore reaffirmed an “outperform” rating on shares of Apple in a report on Monday, March 2nd. KGI Securities raised shares of Apple to an “outperform” rating and set a $306.00 target price on the stock in a report on Friday, January 30th. JPMorgan Chase & Co. lifted their target price on Apple from $315.00 to $325.00 and gave the company an “overweight” rating in a research note on Friday, January 30th. CLSA boosted their price objective on Apple from $265.00 to $330.00 and gave the company an “outperform” rating in a research report on Friday, December 5th. Finally, The Goldman Sachs Group restated a “buy” rating on shares of Apple in a research note on Monday, March 2nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $297.58.

Trending Headlines about Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: MacBook Neo launch — Apple unveiled the $599 MacBook Neo aimed at education and budget buyers; reviewers (including MKBHD) praise it as highly disruptive, which could expand unit volumes and market share. Article Title
• Positive Sentiment: Analysts expect meaningful initial units — Some research notes forecast 4–5 million MacBook Neo shipments this year, suggesting upside to Mac revenue if adoption meets expectations. Article Title
• Positive Sentiment: India manufacturing incentives — New Indian incentives to boost local phone production support Apple’s ongoing shift of iPhone assembly to India, reducing China concentration risk and potentially lowering tariff exposure. Article Title
• Neutral Sentiment: Buyback and cash flow support — Coverage highlights a large share‑repurchase (reported $24B) and strong free cash flow that help support the stock through market volatility, but these are longer‑term cushions rather than immediate catalysts. Article Title
• Neutral Sentiment: Short‑interest data appears noisy — Reports show a large “increase” in short interest but the underlying data is zero/NaN, indicating a likely reporting glitch rather than a substantive change in bearish positioning.
• Negative Sentiment: China shipment weakness — UBS reiterated a Hold citing sharp declines in iPhone shipments in China, a direct hit to growth expectations for Apple’s largest hardware category. Article Title
• Negative Sentiment: Supplier cost pressure — Samsung Display’s CEO warned that higher oil and chip prices (and related supply‑cost inflation) could increase component costs for phones and laptops, pressuring margins industrywide. Article Title
• Negative Sentiment: Valuation and “no catalyst” views — Coverage notes AAPL trades at a premium P/E versus peers and some analysts say there’s no near‑term catalyst to justify further multiple expansion, leaving the stock vulnerable to broader market weakness. Article Title

Apple Price Performance

Shares of NASDAQ:AAPL opened at $255.76 on Friday. The stock has a market cap of $3.75 trillion, a price-to-earnings ratio of 32.33, a PEG ratio of 2.33 and a beta of 1.10. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.97 and a quick ratio of 0.94. Apple Inc. has a 12 month low of $169.21 and a 12 month high of $288.62. The stock’s 50 day moving average price is $262.49 and its 200 day moving average price is $261.14.

Apple (NASDAQ:AAPL) last issued its quarterly 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 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 period last year, the company posted $2.40 EPS. Equities research analysts anticipate that Apple Inc. will post 7.28 earnings per share for the current fiscal year.

Apple Announces Dividend

The firm 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 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend was Monday, February 9th. Apple’s dividend payout ratio is presently 13.15%.

Apple Company 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.