Apple Inc. $AAPL Stock Position Trimmed by Leavell Investment Management Inc.

Leavell Investment Management Inc. decreased its holdings in Apple Inc. (NASDAQ:AAPL) by 5.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 242,037 shares of the iPhone maker’s stock after selling 14,292 shares during the quarter. Apple makes up approximately 2.6% of Leavell Investment Management Inc.’s holdings, making the stock its 3rd largest holding. Leavell Investment Management Inc.’s holdings in Apple were worth $61,630,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. Vanguard Group Inc. raised its position in shares of Apple by 1.1% in the 2nd quarter. Vanguard Group Inc. now owns 1,415,932,804 shares of the iPhone maker’s stock worth $290,506,933,000 after buying an additional 15,141,995 shares during the period. State Street Corp raised its holdings in shares of Apple by 0.9% in the 2nd quarter. State Street Corp now owns 601,249,995 shares of the iPhone maker’s stock worth $123,358,461,000 after purchasing an additional 5,224,229 shares during the period. Geode Capital Management LLC raised its holdings in shares of Apple by 1.4% in the 2nd quarter. Geode Capital Management LLC now owns 354,749,794 shares of the iPhone maker’s stock worth $72,506,336,000 after purchasing an additional 4,942,638 shares during the period. Norges Bank purchased a new stake in shares of Apple during the 2nd quarter worth about $38,942,255,000. Finally, Northern Trust Corp grew its holdings in shares of Apple by 13.3% during the 4th quarter. Northern Trust Corp now owns 171,385,531 shares of the iPhone maker’s stock worth $42,918,365,000 after purchasing an additional 20,079,472 shares during the period. 67.73% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

AAPL has been the topic of a number of recent research reports. Phillip Securities raised shares of Apple from a “moderate sell” rating to a “hold” rating in a research report on Sunday, February 1st. DA Davidson reaffirmed a “neutral” rating and set a $270.00 price target on shares of Apple in a research report on Friday, January 30th. Evercore reiterated an “outperform” rating on shares of Apple in a report on Monday, February 2nd. Stephens set a $315.00 price objective on Apple in a research note on Monday, January 26th. Finally, JPMorgan Chase & Co. increased 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. One research analyst has rated the stock with a Strong Buy rating, twenty-three have issued 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.com, Apple has a consensus rating of “Moderate Buy” and a consensus price target of $292.13.

Key Headlines Impacting Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Reports that Apple is preparing a “game‑changer” iPhone—investors interpret new hardware cycles as a revenue/opportunity catalyst for iPhone upgrades. Apple is about to launch a ‘game-changer’ iPhone
• Positive Sentiment: Sanford C. Bernstein and other outlets have lifted targets/outperform calls (Bernstein raised its target toward ~$340), citing a strong iPhone 17 cycle and Apple Intelligence — analyst upgrades increase buy-side conviction. Apple Stock To Rise Despite Memory Chip Crunch, Says Top Analyst— Hints At ‘Bigger Story’ Unfolding In 2026
• Positive Sentiment: Evercore/other brokers reiterated Outperform/Buy ratings with elevated price targets (Evercore $330), reinforcing the analyst support behind the rally. Apple: Strong Fundamentals and AI Roadmap Underpin Outperform Rating and $330 Target
• Positive Sentiment: Corporate fundamentals showing strength — reports note rising free cash flow margins and continued buybacks/dividend distribution (quarterly $0.26 payment), which support valuation and shareholder returns. Apple’s FCF Margins Surge and Its Target Value Rises – What’s the Best AAPL Stock Play?
• Positive Sentiment: Institutional buying: Fisher Asset Management increased its stake, a vote of confidence from a large manager. Fisher Asset Management Boosts Apple Stake by 704,293 Shares
• Neutral Sentiment: UK regulator engagement: Apple and Google agreed on app‑store changes to appease the UK regulator — reduces regulatory overhang but may require concessions. Apple and Google agree app store changes to appease UK regulator
• Neutral Sentiment: Bernstein and others flag a global memory‑chip crunch — a potential cost/headwind — but say upcoming product/AI catalysts could outweigh the supply‑side pressure. Apple Stock To Rise Despite Memory Chip Crunch, Says Top Analyst— Hints At ‘Bigger Story’ Unfolding In 2026
• Negative Sentiment: Software rollout issues: reports say the new Siri/iOS 26.5 features are not reliably functional in early tests — product software snags can dent user experience and slow feature monetization. Apple’s latest attempt to launch new Siri runs into snags
• Negative Sentiment: Morningstar Investment Management trimmed its Apple position sharply — a large manager reducing exposure can add downward pressure or signal profit‑taking. Morningstar Investment Management Cuts Apple Inc Position Sharply

Apple Price Performance

AAPL stock opened at $275.50 on Thursday. The stock’s 50 day moving average is $267.46 and its two-hundred day moving average is $255.17. Apple Inc. has a 52-week low of $169.21 and a 52-week high of $288.62. The company has a market capitalization of $4.04 trillion, a PE ratio of 34.83, a P/E/G ratio of 2.44 and a beta of 1.09. The company has a quick ratio of 0.94, a current ratio of 0.97 and a debt-to-equity ratio of 0.87.

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

Apple Dividend Announcement

The business 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 $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 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.