CIBC Private Wealth Group LLC Sells 123,061 Shares of Apple Inc. $AAPL

CIBC Private Wealth Group LLC reduced its stake in shares of Apple Inc. (NASDAQ:AAPL) by 1.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,698,436 shares of the iPhone maker’s stock after selling 123,061 shares during the period. Apple accounts for approximately 4.7% of CIBC Private Wealth Group LLC’s portfolio, making the stock its 2nd biggest holding. CIBC Private Wealth Group LLC owned 0.07% of Apple worth $2,724,143,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Isthmus Partners LLC lifted its holdings in Apple by 6.4% in the 3rd quarter. Isthmus Partners LLC now owns 97,177 shares of the iPhone maker’s stock worth $25,000 after purchasing an additional 5,808 shares during the last quarter. Sellwood Investment Partners LLC grew its holdings in Apple by 110.9% during the third quarter. Sellwood Investment Partners LLC now owns 135 shares of the iPhone maker’s stock valued at $34,000 after purchasing an additional 71 shares during the last quarter. ROSS JOHNSON & Associates LLC raised its position in shares of Apple by 1,800.0% in the first quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker’s stock valued at $42,000 after purchasing an additional 180 shares during the period. LSV Asset Management acquired a new stake in shares of Apple in the fourth quarter worth $65,000. Finally, 49 Wealth Management LLC lifted its stake in shares of Apple by 15.7% in the third quarter. 49 Wealth Management LLC now owns 298,920 shares of the iPhone maker’s stock worth $76,000 after buying an additional 40,543 shares during the last quarter. Institutional investors and hedge funds own 67.73% of the company’s stock.

Apple News Roundup

Here are the key news stories impacting Apple this week:

• Positive Sentiment: China iPhone demand is accelerating — iPhone sales in the first nine weeks of 2026 jumped ~23%, outpacing a weak overall market and supporting revenue growth and regional resilience. Apple’s China smartphone sales jump 23% to start 2026, bucking industry trend
• Positive Sentiment: Legal win for Apple Watch — a U.S. trade‑tribunal judge preliminarily ruled Apple’s redesigned watches do not infringe Masimo patents, blocking a fresh import ban and removing a regulatory/legal overhang on watch sales. Apple fends off bid for new Apple Watch import ban at US trade tribunal
• Positive Sentiment: AI & services monetization helping the top line — reports estimate Apple earned roughly $900M from AI-related activity last year with App Store fees a growing recurring revenue stream projected to approach $1B. This underpins the services/AI revenue narrative even as hardware competition intensifies. Apple Made $900M From AI Last Year While Rivals Burned Through Cash
• Positive Sentiment: Product & ecosystem updates — Apple refreshed AirPods Max and closed a MotionVFX deal to deepen creator tools and services, supporting wearables and services revenue opportunities. The Morning After: Apple’s surprise AirPods Max refresh – Engadget Apple’s MotionVFX Deal Deepens Creator Studio And Services Ecosystem
• Neutral Sentiment: App Store fee cut in China — Apple trimmed its mainland China App Store commission to 25%, a regulatory concession that helps local relations and may boost app ecosystem activity but could modestly reduce services take‑rate. Apple (AAPL) Stock Rises as Tim Cook Tours China Amid App Store Fee Reduction to 25%
• Neutral Sentiment: Tim Cook’s China visit raises confidence in market strategy — management’s high‑visibility trip and messaging reduce geopolitical uncertainty in a key market but don’t immediately change fundamentals. Apple Stock (AAPL) Opinions on Tim Cook’s China Visit
• Negative Sentiment: Security alert — Apple urged users to update iOS after discovery of new spyware able to take over older iPhones; heightened security risk can hurt user trust and raise support/cost issues. Apple issues iPhone spyware alert to users
• Negative Sentiment: Insider selling & capex signal concerns — disclosures show sustained insider sales and reports note Apple is the only “Mag 7” firm with declining capex, which some investors view as underinvestment for long‑term AI and hardware initiatives. Apple Stock (AAPL) Opinions on Tim Cook’s China Visit (insider data) Fun Fact: Apple (AAPL) Is the Only Mag 7 Company Whose Capex Is Declining
• Negative Sentiment: Supply‑chain shift risk — TSMC reporting Nvidia as its largest customer highlights industry re‑ranking in AI compute demand; TSMC’s shift toward Nvidia could signal lower relative wafer demand from Apple over time. TSMC: Nvidia Overtakes Apple as Top Customer
• Neutral Sentiment: Short‑interest data shows anomalies — filings today show effectively zero reported short interest (likely a data error), so no clear short‑pressure signal from short positions. Market data (short interest summary)

Apple Stock Performance

NASDAQ:AAPL opened at $248.96 on Friday. The firm’s 50-day moving average is $261.22 and its 200-day moving average is $261.86. The company has a market cap of $3.66 trillion, a price-to-earnings ratio of 31.47, a PEG ratio of 2.23 and a beta of 1.10. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.94 and a current ratio of 0.97. Apple Inc. has a 52-week low of $169.21 and a 52-week high of $288.62.

Apple (NASDAQ:AAPL) last released its earnings results on Thursday, January 29th. The iPhone maker reported $2.84 earnings per share for the quarter, beating 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 during the quarter, compared to analysts’ expectations of $138.25 billion. During the same quarter last year, the company earned $2.40 earnings per share. The firm’s revenue was up 15.7% on a year-over-year basis. Equities research analysts anticipate that Apple Inc. will post 7.28 earnings per share for the current year.

Apple Dividend Announcement

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

Analysts Set New Price Targets

AAPL has been the subject of several recent analyst reports. Oppenheimer reaffirmed a “market perform” rating on shares of Apple in a report on Friday, January 30th. Weiss Ratings reissued a “buy (b-)” rating on shares of Apple in a research report on Monday, December 29th. TD Cowen restated a “buy” rating and set a $325.00 price target on shares of Apple in a report on Friday, January 30th. Moffett Nathanson raised their price target on Apple from $241.00 to $270.00 and gave the company a “neutral” rating in a research report on Wednesday, February 25th. Finally, Morgan Stanley reiterated an “overweight” rating and issued a $315.00 price objective (up from $305.00) on shares of Apple in a research note on Wednesday, December 17th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $297.58.

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.