Hbw Advisory Services 13F: Cuts Apple (AAPL) Stake by $1.2M

Hbw Advisory Services trimmed its position in Apple Inc. AAPL by 7.3% during the reporting period, according to a Form 13F filed with the U.S. Securities and Exchange Commission. The firm sold 3,661 shares, leaving it with 46,282 shares of the consumer electronics giant. That remaining stake carried an estimated value of $15.4 million at the close of the period. Because Form 13F filings look backward, this report reflects holdings as of that past date and may not represent the investor's exact current position.

What Changed in Hbw Advisory Services's Apple Inc. Position

The reduction brought Hbw Advisory Services down from its previous holding of 49,943 shares. The firm trimmed roughly 7.3% of its stake over the quarter, reflecting a modest paring of its exposure to the Cupertino-based company. Institutional investors frequently adjust portfolio weights after a stock makes substantial moves.

Other Institutional Activity in Apple Inc.

Other major fund managers also made adjustments to their Apple holdings during the reporting period. Blackrock Inc. grew its holdings by 18,314,912 shares, ending with 1,162,996,939 shares worth about $396.4 billion following a 1.6% increase. Vanguard Capital Management LLC lifted its stake by 5,246,239 shares to hold 959,107,911 shares valued at approximately $326.9 billion, a 0.5% rise. State Street Corporation boosted its position by 12,770,030 shares, resulting in 615,129,929 shares worth about $209.7 billion after a 2.1% increase. Geode Capital Management, LLC raised its holdings by 2,727,705 shares for a total of 371,336,543 shares valued at roughly $126.6 billion, marking a 0.7% change. Finally, Vanguard Portfolio Management LLC added 2,684,620 shares to finish with 334,119,156 shares worth about $113.9 billion, representing a 0.8% increase.

Apple Inc. Stock Holds Steady

Apple shares trade near the upper end of their 52-week range of $243.42 to $348.15. The stock changes hands well above its 200-day moving average of $292.11 and sits comfortably past its 50-day moving average of $325.08. The company carries a market capitalization of roughly $4.99 trillion and a P/E ratio of 39.22 based on trailing earnings.

Recent Earnings

Apple reported annual revenue of $466.8 billion with a revenue growth rate of 16.4%. The company generated earnings of $8.72 per share, supported by a net margin of 27.6% and a return on equity of 1.49%. The consumer electronics maker is scheduled to release its next quarterly financial results on November 2, 2026.

Dividend

Apple pays an annual dividend yield of 0.32% with a dividend payout ratio of 12.04%.

Insider Buying and Selling at Apple Inc.

Company insiders executed several stock transactions over recent months. On October 13, 2026, SVP, GC and Government Affairs Newstead Jennifer sold 2,399 shares at an average price of $345.00 for a total value of $827,655 under a planned trading rule. Earlier, on October 6, 2026, Newstead Jennifer sold 2,399 shares at an average price of $332.01 for a total of $796,492. On October 2, 2026, Officer O'Brien Deirdre disposed of 46,389 shares valued at $15.5 million. Back on June 15, 2026, Principal Accounting Officer Ben Borders sold 124 shares at an average price of $296.42 for a total of $36,756.

Analysts Set New Price Targets

Wall Street firms have recently updated their outlooks on the tech company. On October 12, 2026, JP Morgan maintained its Overweight rating while lifting its price target from $340.00 to $360.00. Morgan Stanley maintained an Overweight rating on October 1, 2026, while adjusting its target from $360.00 to $355.00. On the same day, Needham reiterated a Hold rating without a specific price target. Earlier in September, Morgan Stanley reiterated an Overweight rating with a $360.00 target, and B of A Securities reiterated a Buy rating with a $370.00 target. Across the broader analyst community, the stock holds a consensus recommendation key of buy with a mean price target of $329.38 based on 39 analyst opinions.

About Apple Inc.

Apple Inc. designs, manufactures, and markets mobile communication devices, personal computers, and media tablets, alongside a broad range of related accessories and digital services. Its well-known hardware lineup includes the iPhone, Mac, iPad, and various wearables such as Apple Watch and AirPods. The company operates globally, serving individual consumers, small businesses, and enterprise clients.

Bottom Line

Investors tracking Hbw Advisory Services will look toward upcoming SEC filings to see if this reduction in Apple shares continues. The company's next earnings report on November 2, 2026, will offer fresh insight into revenue and profit trends. As always, 13F data captures portfolio choices made months prior and does not serve as an active recommendation.