Apple Inc. $AAPL is Gateway Investment Advisers LLC’s 2nd Largest Position

Gateway Investment Advisers LLC grew its position in Apple Inc. (NASDAQ:AAPL) by 12.1% in the third quarter, HoldingsChannel reports. The fund owned 3,019,790 shares of the iPhone maker’s stock after acquiring an additional 325,591 shares during the quarter. Apple accounts for about 7.4% of Gateway Investment Advisers LLC’s portfolio, making the stock its 2nd largest position. Gateway Investment Advisers LLC’s holdings in Apple were worth $768,929,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Ryan Investment Management Inc. acquired a new position in shares of Apple during the 2nd quarter worth approximately $31,000. ROSS JOHNSON & Associates LLC increased its holdings in Apple by 1,800.0% in the 1st quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker’s stock worth $42,000 after acquiring an additional 180 shares in the last quarter. Nexus Investment Management ULC raised its position in Apple by 333.3% during the second quarter. Nexus Investment Management ULC now owns 260 shares of the iPhone maker’s stock worth $53,000 after acquiring an additional 200 shares during the period. LSV Asset Management acquired a new position in Apple during the fourth quarter worth $65,000. Finally, Morgan Dempsey Capital Management LLC grew its position in shares of Apple by 41.0% in the second quarter. Morgan Dempsey Capital Management LLC now owns 430 shares of the iPhone maker’s stock valued at $88,000 after purchasing an additional 125 shares during the period. 67.73% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, insider Chris Kondo sold 3,752 shares of Apple stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $271.23, for a total transaction of $1,017,654.96. Following the sale, the insider owned 15,098 shares of the company’s stock, valued at approximately $4,095,030.54. The trade was a 19.90% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.06% of the stock is owned by corporate insiders.

More Apple News

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Reports say Apple is developing a small AI wearable (a pin with cameras and microphones), highlighting a potential new hardware category and another touchpoint for on‑device AI integration. Read More.
• Positive Sentiment: Multiple outlets report Apple will revamp Siri into a full‑blown AI chatbot (targeted for iOS 27 and WWDC), which could materially boost Services stickiness and user engagement if execution matches expectations. Read More.
• Positive Sentiment: Apple is preparing to launch Apple Pay in India this year, a meaningful long‑term payments expansion into a large addressable market if regulatory talks succeed. Read More.
• Positive Sentiment: Analyst support remains strong: Evercore and other firms have reiterated bullish views and raised price targets (Evercore’s $330 and higher targets from peers), which underpins the buy‑the‑dip narrative. Read More.
• Positive Sentiment: A MarketBeat analysis argues the recent pullback looks stretched and technically oversold, framing earnings as a potential catalyst for a sharp rebound if Apple posts another beat. Read More.
• Neutral Sentiment: Earnings are a near‑term catalyst — Apple’s Q1 results (late January) are the primary event investors are positioning for; outcomes could drive volatility in either direction. Read More.
• Negative Sentiment: Macro/geopolitical risk and recent headlines (tariff threats and risk‑off flows) triggered a sharp sell‑off in recent sessions, which pressured shares despite upgrades — a reminder that external shocks can overwhelm company‑specific positives. Read More.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on AAPL shares. Bank of America upped their price target on shares of Apple from $270.00 to $320.00 and gave the stock a “buy” rating in a research report on Wednesday, October 29th. Wedbush reiterated an “outperform” rating and set a $350.00 price objective on shares of Apple in a research note on Monday, January 12th. Rosenblatt Securities raised their target price on Apple from $241.00 to $250.00 and gave the company a “neutral” rating in a research report on Friday, October 31st. Jefferies Financial Group reiterated a “hold” rating and set a $283.36 price target on shares of Apple in a research report on Wednesday, December 17th. Finally, UBS Group restated a “neutral” rating on shares of Apple in a report on Tuesday, January 6th. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Apple currently has an average rating of “Moderate Buy” and an average target price of $281.70.

Apple Stock Up 0.4%

Shares of NASDAQ:AAPL opened at $247.65 on Thursday. Apple Inc. has a 52-week low of $169.21 and a 52-week high of $288.62. The stock has a market cap of $3.64 trillion, a P/E ratio of 33.15, a PEG ratio of 2.31 and a beta of 1.09. The business has a fifty day moving average of $270.43 and a two-hundred day moving average of $249.54. The company has a quick ratio of 0.86, a current ratio of 0.89 and a debt-to-equity ratio of 1.06.

Apple (NASDAQ:AAPL) last announced its quarterly earnings results on Thursday, October 30th. The iPhone maker reported $1.85 earnings per share for the quarter, beating the consensus estimate of $1.74 by $0.11. Apple had a net margin of 26.92% and a return on equity of 164.05%. The firm had revenue of $102.47 billion for the quarter, compared to analysts’ expectations of $101.65 billion. During the same quarter in the previous year, the company posted $1.64 EPS. The company’s revenue was up 8.7% compared to the same quarter last year. On average, research analysts expect that Apple Inc. will post 7.28 earnings per share for the current year.

Apple Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, November 13th. Stockholders of record on Monday, November 10th were paid a $0.26 dividend. The ex-dividend date of this dividend was Monday, November 10th. This represents a $1.04 annualized dividend and a dividend yield of 0.4%. Apple’s dividend payout ratio is 13.92%.

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.