Petix & Botte Co Has $5.93 Million Stock Position in Apple Inc. $AAPL

Posted by Brenda Bartman on Jul 25th, 2026

Petix & Botte Co lowered its stake in Apple Inc. (NASDAQ:AAPL – Free Report) by 14.9% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 23,353 shares of the iPhone maker’s stock after selling 4,083 shares during the period. Apple accounts for about 1.3% of Petix & Botte Co’s holdings, making the stock its 26th biggest holding. Petix & Botte Co’s holdings in Apple were worth $5,927,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. Villere ST Denis J & Co. LLC raised its holdings in shares of Apple by 24.4% during the first quarter. Villere ST Denis J & Co. LLC now owns 105,058 shares of the iPhone maker’s stock worth $26,663,000 after acquiring an additional 20,573 shares during the period. Walled Lake Planning & Wealth Management LLC boosted its stake in Apple by 0.4% in the 1st quarter. Walled Lake Planning & Wealth Management LLC now owns 45,234 shares of the iPhone maker’s stock worth $11,480,000 after purchasing an additional 180 shares during the period. AlpenGlobal Capital LLC acquired a new position in Apple in the 1st quarter worth $1,514,000. Corrado Advisors LLC increased its holdings in Apple by 34.2% during the 1st quarter. Corrado Advisors LLC now owns 4,337 shares of the iPhone maker’s stock worth $1,101,000 after purchasing an additional 1,106 shares in the last quarter. Finally, Cedar Mountain Advisors LLC increased its holdings in Apple by 8.5% during the 1st quarter. Cedar Mountain Advisors LLC now owns 10,123 shares of the iPhone maker’s stock worth $2,569,000 after purchasing an additional 794 shares in the last quarter. Institutional investors own 67.73% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. UBS Group set a $365.00 price target on Apple in a report on Tuesday. HSBC upgraded Apple from a “hold” rating to a “buy” rating and increased their price objective for the stock from $260.00 to $366.00 in a report on Thursday, July 16th. KGI Securities lowered Apple from an “outperform” rating to a “hold” rating and set a $315.00 target price on the stock. in a research report on Monday, June 22nd. Oppenheimer restated a “market perform” rating on shares of Apple in a research note on Tuesday, June 9th. Finally, TD Cowen upped their price target on Apple from $335.00 to $350.00 and gave the stock a “buy” rating in a research report on Tuesday, June 9th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $327.40.

Check Out Our Latest Analysis on AAPL

Insider Buying and Selling at Apple

In other news, insider Ben Borders sold 1,274 shares of the company’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $290.00, for a total transaction of $369,460.00. Following the sale, the insider owned 38,713 shares in the company, valued at $11,226,770. This represents a 3.19% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. 0.06% of the stock is owned by company insiders.

Apple News Roundup

Here are the key news stories impacting Apple this week:

Positive Sentiment: Ford said it will embed Apple Maps into upcoming EVs, expanding Apple’s software reach and reinforcing the value of its ecosystem. Ford Embeds Apple Maps Directly into Upcoming EVs
Positive Sentiment: Baird raised its price target on Apple and reiterated an Outperform rating, adding to bullish analyst momentum. Finviz
Positive Sentiment: Commentary highlighted Apple as outperforming the broader market, supported by strong ratings and a favorable chart setup ahead of earnings. Why is Apple stock outperforming the broader market?
Neutral Sentiment: Apple was also the subject of discussion around upcoming product launches, AI features, and a possible device-leasing program, which could support demand but remain unconfirmed or longer-term in nature.
Negative Sentiment: Some reports noted concerns that Apple’s valuation is stretched heading into earnings, and insider sales plus short-interest chatter may temper enthusiasm if results disappoint.

Apple Trading Up 3.5%

Apple stock opened at $333.02 on Friday. The firm has a 50-day moving average of $306.62 and a 200-day moving average of $279.01. Apple Inc. has a one year low of $201.50 and a one year high of $334.99. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.07 and a quick ratio of 1.02. The company has a market cap of $4.89 trillion, a price-to-earnings ratio of 40.27, a P/E/G ratio of 2.78 and a beta of 1.10.

Apple (NASDAQ:AAPL – Get Free Report) last released its earnings results on Thursday, April 30th. The iPhone maker reported $2.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.95 by $0.06. Apple had a return on equity of 146.69% and a net margin of 27.15%.The business had revenue of $111.18 billion for the quarter, compared to the consensus estimate of $109.46 billion. During the same quarter in the previous year, the business earned $1.65 earnings per share. Apple’s quarterly revenue was up 16.6% on a year-over-year basis. On average, equities analysts expect that Apple Inc. will post 8.76 earnings per share for the current fiscal year.

Apple Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, May 14th. Shareholders of record on Monday, May 11th were given a dividend of $0.27 per share. This is a positive change from Apple’s previous quarterly dividend of $0.26. The ex-dividend date of this dividend was Monday, May 11th. This represents a $1.08 annualized dividend and a dividend yield of 0.3%. Apple’s payout ratio is presently 13.06%.

Apple Profile

(Free Report)

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.