8,042 Apple Inc. $AAPL Shares Acquired by Weaver Capital Management LLC

Posted by Stanley Muller on Oct 28th, 2026

Weaver Capital Management LLC raised its stake in Apple Inc. (NASDAQ:AAPL – Free Report) by 20.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 47,432 shares of the iPhone maker’s stock after acquiring an additional 8,042 shares during the period. Apple makes up 3.0% of Weaver Capital Management LLC’s portfolio, making the stock its 7th biggest position. Weaver Capital Management LLC’s holdings in Apple were worth $15,722,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. State Street Corp grew its position in Apple by 4.7% during the 2nd quarter. State Street Corp now owns 630,662,494 shares of the iPhone maker’s stock valued at $182,897,769,000 after purchasing an additional 28,321,085 shares during the last quarter. Berkshire Hathaway Inc purchased a new position in Apple in the second quarter worth about $65,950,297,000. Bank of America Corp DE purchased a new position in Apple in the second quarter worth about $36,986,090,000. Legal & General Group Plc purchased a new position in Apple in the second quarter worth about $30,443,242,000. Finally, Amundi lifted its stake in shares of Apple by 23.2% in the first quarter. Amundi now owns 73,082,616 shares of the iPhone maker’s stock worth $18,547,637,000 after buying an additional 13,780,080 shares in the last quarter. 67.73% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. Maxim Group increased their price target on shares of Apple from $350.00 to $380.00 and gave the company a “buy” rating in a report on Friday, July 31st. KeyCorp reissued an “underweight” rating on shares of Apple in a research report on Thursday, October 15th. Piper Sandler started coverage on shares of Apple in a report on Monday, August 17th. They issued an “overweight” rating for the company. Barclays restated an “underweight” rating and issued a $245.00 price objective (down from $253.00) on shares of Apple in a report on Friday, July 31st. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Apple in a research report on Friday, September 25th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, fifteen have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $340.12.

View Our Latest Analysis on Apple

Apple Stock Performance

NASDAQ AAPL opened at $347.10 on Wednesday. Apple Inc. has a one year low of $243.42 and a one year high of $351.73. The stock has a 50-day moving average of $331.06 and a 200 day moving average of $295.09. The company has a market capitalization of $5.07 trillion, a price-to-earnings ratio of 39.81 and a beta of 1.07.

Apple (NASDAQ:AAPL – Get Free Report) last issued its earnings results on Thursday, July 30th. The iPhone maker reported $2.02 earnings per share for the quarter, topping analysts’ consensus estimates of $1.89 by $0.13. The business had revenue of $109.42 billion during the quarter, compared to analysts’ expectations of $109.04 billion. Apple’s quarterly revenue was up 16.4% compared to the same quarter last year. During the same period last year, the firm posted $1.57 EPS. On average, equities analysts predict that Apple Inc. will post 8.75 earnings per share for the current fiscal year.

Apple Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, August 13th. Stockholders of record on Monday, August 10th were paid a $0.27 dividend. The ex-dividend date was Monday, August 10th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.3%. Apple’s payout ratio is currently 12.39%.

Apple News Roundup

Here are the key news stories impacting Apple this week:

Positive Sentiment: Demand for Apple’s first foldable iPhone Duo has substantially exceeded supply. The $1,999 device reportedly sold out within minutes, delivery estimates extend into January, and Apple is said to be seeking as much as 30% more production capacity. This supports hopes for a new high-margin growth category and a broader iPhone upgrade cycle. Apple’s Foldable iPhone Sold Out in Minutes, But Wall Street Has Questions
Positive Sentiment: Initial global sales of the iPhone 18 Pro were 3.1% above the prior-generation Pro models, including a 29% increase in China. Strong premium-phone demand could help Apple’s revenue and services ecosystem. Initial global sales of Apple iPhone 18 Pro higher than 17 series
Positive Sentiment: Apple launched an M6-powered 24-inch iMac and 14-inch MacBook Pro, promoting faster performance and on-device AI capabilities. The refresh could lift Mac sales and support Apple’s longer-term AI hardware strategy. Apple introduces the new 14-inch MacBook Pro with M6
Neutral Sentiment: Apple also released iOS 27.2 with expanded Siri AI language support, security improvements and new features for the iPhone Duo. These updates may strengthen the ecosystem, but their near-term financial impact is uncertain. Apple rolls out iOS 27.2 with new Siri AI languages and security fixes
Negative Sentiment: Some iPhone Duo owners report cracks and bright lines near the hinge. Apple acknowledged the display issue and is offering replacements, while teardown reports point to a possible hinge-related design problem. Potential warranty costs and reputational damage threaten the new product’s momentum. Some iPhone Duo owners say Apple’s foldable cracked within hours
Negative Sentiment: Loop Capital downgraded Apple to Hold and cut its price target to $330, citing possible iPhone shipment reductions and rising memory costs. At nearly 40 times earnings, investors may require strong December-quarter guidance to justify the valuation. Loop Capital Lowers Apple Stock Price Target on iPhone Shipment Concerns

Insider Transactions at Apple

In related news, SVP Jennifer Newstead sold 2,399 shares of the firm’s stock in a transaction that occurred on Tuesday, October 20th. The shares were sold at an average price of $339.62, for a total value of $814,748.38. Following the sale, the senior vice president owned 34,795 shares in the company, valued at approximately $11,817,077.90. This trade represents a 6.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Ben Borders sold 1,280 shares of the firm’s stock in a transaction that occurred on Friday, October 16th. The stock was sold at an average price of $345.40, for a total transaction of $442,112.00. Following the completion of the sale, the insider owned 38,288 shares in the company, valued at $13,224,675.20. This represents a 3.23% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders sold 286,853 shares of company stock valued at $95,477,342. Company insiders own 0.06% of the company’s stock.

About Apple

(Free Report)

Apple Inc designs, develops and sells consumer electronics, software and digital services. Its best-known products include the iPhone smartphone, Mac personal computers, iPad tablets, Apple Watch, AirPods and other accessories. The company also develops operating systems and applications that support its hardware ecosystem.

Apple’s services business includes the App Store, Apple Music, Apple TV, Apple Arcade, iCloud, Apple Pay and other subscription, payment and digital-content offerings.