Arnold Financial Planning LLC Purchases New Position in Apple Inc. $AAPL

Posted by Brian Himes on May 16th, 2026

Arnold Financial Planning LLC purchased a new stake in Apple Inc. (NASDAQ:AAPL – Free Report) in the 4th quarter, HoldingsChannel reports. The firm purchased 3,734 shares of the iPhone maker’s stock, valued at approximately $1,015,000. Apple accounts for approximately 1.0% of Arnold Financial Planning LLC’s investment portfolio, making the stock its 15th biggest position.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Davidson Trust Co. grew its holdings in shares of Apple by 3.8% during the fourth quarter. Davidson Trust Co. now owns 58,329 shares of the iPhone maker’s stock worth $15,857,000 after buying an additional 2,129 shares in the last quarter. Prasad Wealth Partners LLC grew its holdings in shares of Apple by 9.5% during the fourth quarter. Prasad Wealth Partners LLC now owns 10,685 shares of the iPhone maker’s stock worth $2,905,000 after buying an additional 924 shares in the last quarter. Davidson Investment Advisors grew its holdings in shares of Apple by 0.6% during the fourth quarter. Davidson Investment Advisors now owns 365,179 shares of the iPhone maker’s stock worth $99,278,000 after buying an additional 2,037 shares in the last quarter. TD Waterhouse Canada Inc. grew its holdings in shares of Apple by 1.0% during the fourth quarter. TD Waterhouse Canada Inc. now owns 1,513,518 shares of the iPhone maker’s stock worth $411,435,000 after buying an additional 14,646 shares in the last quarter. Finally, TriaGen Wealth Management LLC grew its holdings in shares of Apple by 6.0% during the fourth quarter. TriaGen Wealth Management LLC now owns 171,564 shares of the iPhone maker’s stock worth $46,641,000 after buying an additional 9,660 shares in the last quarter. Hedge funds and other institutional investors own 67.73% of the company’s stock.

Wall Street Analysts Forecast Growth

AAPL has been the subject of a number of research reports. Wedbush reaffirmed an “outperform” rating and set a $400.00 target price (up from $350.00) on shares of Apple in a report on Friday, May 8th. Stifel Nicolaus set a $330.00 price target on Apple in a research report on Monday, March 2nd. Monness Crespi & Hardt upped their price target on Apple from $315.00 to $335.00 and gave the company a “buy” rating in a research report on Friday, May 1st. KeyCorp restated a “sector weight” rating on shares of Apple in a research report on Thursday, March 12th. Finally, Needham & Company LLC restated a “hold” rating on shares of Apple in a research report on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $308.74.

Get Our Latest Research Report on AAPL

Apple Trading Up 0.7%

AAPL opened at $300.23 on Friday. Apple Inc. has a 52 week low of $193.46 and a 52 week high of $303.20. The business has a fifty day simple moving average of $265.37 and a 200-day simple moving average of $267.48. The firm has a market cap of $4.41 trillion, a P/E ratio of 36.30, a P/E/G ratio of 2.60 and a beta of 1.06. The company has a quick ratio of 1.02, a current ratio of 1.07 and a debt-to-equity ratio of 0.70.

Apple (NASDAQ:AAPL – Get Free Report) last released its quarterly earnings results on Thursday, April 30th. The iPhone maker reported $2.01 EPS for the quarter, topping the consensus estimate 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 during the quarter, compared to analyst estimates of $109.46 billion. During the same period last year, the business posted $1.65 earnings per share. The company’s quarterly revenue was up 16.6% on a year-over-year basis. On average, equities analysts expect that Apple Inc. will post 8.74 earnings per share for the current year.

Apple Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, May 14th. Investors of record on Monday, May 11th were issued a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 0.4%. This is a boost from Apple’s previous quarterly dividend of $0.26. The ex-dividend date was Monday, May 11th. Apple’s dividend payout ratio (DPR) is 13.06%.

More Apple News

Here are the key news stories impacting Apple this week:

Positive Sentiment: Apple’s post-earnings rally continues after the company posted record quarterly revenue and EPS, boosted its dividend, and authorized a fresh $100 billion buyback. Analysts say the results support further upside and have raised price targets. Apple Stock Hits All-Time High as Post-Earnings Rally Continues
Positive Sentiment: Evercore ISI lifted its price target on Apple to $365 and said a bull-case scenario could reach $500, citing compounding growth from Services and Apple’s ability to keep expanding free cash flow. Evercore ISI Hikes Apple Price Target to $365
Positive Sentiment: Investor sentiment is being helped by reports that iPhone demand remains strong globally, plus Soros Fund Management reportedly boosted its Apple position during the quarter. George Soros’s fund buys Berkshire Hathaway stock — now that Buffett is gone
Positive Sentiment: Apple reportedly cut iPhone 17 prices in China ahead of the 618 shopping festival, which could help support unit sales in a key market. Apple Cuts iPhone 17 Prices in China
Neutral Sentiment: OpenAI is considering legal action over its strained ChatGPT partnership with Apple, which adds uncertainty around Apple’s AI strategy and could weigh on sentiment if the dispute escalates. OpenAI explores legal options against Apple
Neutral Sentiment: Reports that Anthropic’s Mythos AI found vulnerabilities in Apple’s macOS/iOS are a reminder of ongoing security scrutiny, but the news is more reputational than fundamentally financial for now. Anthropic’s Mythos Helped Find Bugs in Apple’s Desktop Operating System

Insider Buying and Selling

In related news, CFO Kevan Parekh sold 1,534 shares of Apple stock in a transaction on Thursday, April 23rd. The stock was sold at an average price of $275.00, for a total value of $421,850.00. Following the completion of the transaction, the chief financial officer directly owned 13,366 shares in the company, valued at approximately $3,675,650. This trade represents a 10.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Ben Borders sold 1,274 shares of Apple 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 completion of the transaction, the insider owned 38,713 shares of the company’s stock, valued at $11,226,770. This represents a 3.19% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 97,759 shares of company stock valued at $24,964,305. 0.06% of the stock is currently owned by company insiders.

About Apple

(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.