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First Citizens Bank & Trust 13F: Adds $26M to Apple (AAPL) Stake

The bank increased its Apple Inc. holdings by 76,752 shares, a 11.6% rise.

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Reviewed by automated data checks against the source filing. How we make and check alerts

First Citizens Bank & Trust added 76,752 shares to its stake in Apple Inc. ($AAPL), an 11.60% increase, according to a 13F filing with the SEC dated October 14, 2026. It reported 738,247 shares worth $245.85 million at the end of the quarter.

Since the filing, $AAPL is up 0.1% to date (from the $342.96 close on Oct 14, 2026).

Find the original: First Citizens Bank & Trust 13F filings on SEC EDGAR

AAPL Apple Inc.
$343.46 +27.08% year to date
Daily close · Oct 16, 2026

Key Points

  • First Citizens Bank & Trust increased its Apple Inc. stake by 76,752 shares, bringing its total to 738,247 shares valued at $245.9 million as of the latest filing.
  • Apple Inc. has a market cap of $4.99 trillion and a P/E ratio of 39.22, with shares trading between $243.42 and $348.15 over the past year.
  • The company pays a dividend yield of 0.32% and is set to report its next earnings on November 2, 2026.

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Not investment advice. EarningsIQ is not a registered investment adviser, and this automated Apple Inc. alert may contain errors. Disclosures

First Citizens Bank & Trust has increased its stake in Apple Inc. (NasdaqGS: AAPL) by 76,752 shares, representing an 11.6% rise. This brings its total holdings to 738,247 shares, valued at approximately $245.9 million, according to the latest Form 13F filing with the SEC. These filings reflect positions as of the end of the most recent reporting period and might not represent current holdings.

13F track record

First Citizens Bank & Trust vs. the S&P 500

YTD return +4.17% hypothetical
All-time return +4.17% S&P 500 +4.11%
vs. S&P 500 +0.06% ahead of the index

Hypothetical returns from First Citizens Bank & Trust's disclosed trades, not real profit or advice. How we model this.

What Changed in First Citizens Bank & Trust's Apple Inc. Position

First Citizens Bank & Trust's decision to boost its stake in Apple Inc. by 11.6% reflects a notable increase in their investment in the tech giant. The bank previously held 661,495 shares and now holds 738,247 shares, with the value of the holdings standing at about $245.9 million.

Apple Inc. Stock Down 0.4%

On Friday, shares of Apple Inc. were trading at a price not specified here. The company has a massive market capitalization of $4.99 trillion and a P/E ratio of 39.22. Apple's stock has ranged from a low of $243.42 to a high of $348.15 over the past 52 weeks. Its 50-day moving average stands at $325.08, while the 200-day moving average is $292.11. The company maintains a current ratio of 1.003 and a quick ratio of 0.812, with a debt-to-equity ratio of 78.445.

Recent Earnings

Apple Inc. reported revenues of $466.82 billion, with a revenue growth rate of 16.4%. The company's net margin is 27.6%, and it achieved a return on equity of 148.75%. Apple's next earnings report is scheduled for November 2, 2026.

Earnings drift grade

Outlook vs expectations on the last report — not price action.

B- 72/100

Reported Apr 30, 2026

  1. Forward outlook

    10 analysts raised price targets.

  2. EPS & revenue

    EPS beat estimates by 1.1%. Revenue missed estimates by 0.6%.

  3. Profit surprise

    EBITDA beat by 2 percent. Operating income beat by 3 percent.

  4. Pre-earnings setup

    Expectations were about average.

  5. Analyst signal

    10 target raises.

  6. Earnings quality

    Gross margin up 2.2 points. Operating margin up 1.2 points. Positive free cash flow.

Earnings Call Summary

Apple delivered its best-ever quarter with 143.8 billion dollars in revenue, up 16 percent. iPhone surged 23 percent to 85.3 billion dollars driven by strong customer demand for the iPhone 17 lineup and record upgraders in China and India. Services hit an all-time record of 30 billion dollars, up 14 percent, while the installed base reached 2.5 billion active devices. Management highlighted Apple Intelligence features resonating with users and expanded retail presence in India as growth drivers.

Guidance Apple expects March quarter revenue to grow 13 percent to 16 percent year over year, with services growing at a similar rate to December. Gross margin should land between 48 percent to 49 percent. The company faces iPhone supply constraints from advanced chip demand but remains confident in the business outlook.

Slightly positive report. The quarter was acceptable, but the forward setup is not strong.

Dividend

Apple Inc. offers a dividend yield of 0.32%, with a dividend payout ratio of 12.04%. The company's financial strength allows it to maintain this payout while investing in growth opportunities.

About Apple Inc.

Apple Inc. is a global technology company headquartered in Cupertino, California. It designs, manufactures, and sells consumer electronics, including the iPhone, iPad, and Mac computers. The company also offers services like Apple Music and Apple Pay, and operates the App Store. Led by CEO John Ternus, Apple employs around 150,000 people.

Bottom Line

First Citizens Bank & Trust's increased investment in Apple Inc. signals continued confidence in the tech giant's prospects. As 13F filings are backward-looking, they provide insight into past investment decisions but may not reflect current positions. Investors follow these filings to gauge institutional sentiment and potential future performance.

Related Filing Alerts

Source: First Citizens Bank & Trust's 13F filing on $AAPL (Oct 14, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Find the original filing: First Citizens Bank & Trust 13F filings on SEC EDGAR. Written by software, not financial advice. How we make alerts

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