Montrusco Bolton Investments 13F: Cuts AAPL Stake by $9.7M
The investment firm trimmed its Apple holdings by 6.4% in the third quarter.
Reviewed by automated data checks against the source filing. How we make and check alerts
Montrusco Bolton Investments sold 29,206 shares from its stake in Apple Inc. ($AAPL), a 6.41% decrease, according to a 13F filing with the SEC dated October 13, 2026. It reported 426,645 shares worth $142.08 million at the end of the quarter.
Since the filing, $AAPL is up 0.6% to date (from the $341.27 close on Oct 13, 2026).
Find the original: Montrusco Bolton Investments 13F filings on SEC EDGAR
AAPL
Apple Inc.
Key Points
- Montrusco Bolton Investments cut its Apple stake by 29,206 shares, a 6.4% reduction, leaving 426,645 shares valued at $142.1 million.
- Apple has a market cap of $4.95 trillion, a P/E ratio of 38.9, and a 52-week range between $243.42 and $344.57.
- Apple pays an annual dividend of $1.08, yielding 0.32%, with a payout ratio of 12.04%.
Get $AAPL trade alerts by text
We text you when insiders, Congress or big funds trade $AAPL. Free.
Not investment advice. EarningsIQ is not a registered investment adviser, and this automated Apple Inc. alert may contain errors. Disclosures
Montrusco Bolton Investments reduced its stake in Apple Inc. (NasdaqGS: AAPL) by 29,206 shares, according to its latest 13F filing with the SEC. As of the end of the third quarter, the investment firm held 426,645 shares of Apple, valued at approximately $142.1 million. This move reflects a 6.4% decrease in its holdings.
Montrusco Bolton Investments vs. the S&P 500
Hypothetical returns from Montrusco Bolton Investments's disclosed trades, not real profit or advice. How we model this.
What Changed in Montrusco Bolton Investments' Apple Position
Montrusco Bolton Investments trimmed its Apple holdings from 455,851 shares to 426,645 shares. This reduction of 29,206 shares represents a 6.4% decrease in its position. The value of its Apple stake, as reported, is around $142.1 million.
Apple Inc. Stock Down 0.4%
Shares of Apple Inc. traded near $336.13 on Friday. The company, a major player in the technology sector, boasts a market capitalization of approximately $4.95 trillion. Apple has a price-to-earnings (P/E) ratio of 38.9 and a forward P/E of 35.4, indicating investor expectations for future earnings growth. The stock's 52-week range spans from $243.42 to $344.57, with a 50-day moving average of $320.62 and a 200-day moving average of $286.61. Apple's beta is 1.085, suggesting its stock price is slightly more volatile than the market.
Recent Earnings
Apple reported revenue of $466.8 billion, with a revenue growth rate of 16.4%. The company's net margin stands at 27.6%, and it achieved a return on equity (ROE) of 148.8%. Earnings per share (EPS) were $8.71. Looking ahead, Apple is scheduled to release its next earnings report on October 29, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
-
Forward outlook
10 analysts raised price targets.
-
EPS & revenue
EPS beat estimates by 1.1%. Revenue missed estimates by 0.6%.
-
Profit surprise
EBITDA beat by 2 percent. Operating income beat by 3 percent.
-
Pre-earnings setup
Expectations were about average.
-
Analyst signal
10 target raises.
-
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 pays an annual dividend of $1.08 per share, yielding 0.32%. The company's dividend payout ratio is 12.04%, reflecting a conservative approach to returning capital to shareholders.
About Apple Inc.
Apple Inc. is a global leader in consumer electronics, designing and selling products like the iPhone, Mac computers, iPad tablets, and various accessories. The company also offers services such as AppleCare, cloud services, and operates platforms like the App Store. Headquartered in Cupertino, California, Apple employs approximately 150,000 people and is led by CEO John Ternus. The company was founded in 1976 and continues to innovate in technology and consumer products.
Bottom Line
Montrusco Bolton Investments' decision to trim its Apple holdings is a notable change, reflecting the firm's strategic reallocation of assets. Investors closely watch such filings for insights into the investment strategies of large institutional players. It's important to remember that 13F filings are backward-looking and may not reflect current positions. Apple continues to be a major force in the technology sector, with strong financial metrics and a robust product lineup.
Related Filing Alerts
Source: Montrusco Bolton Investments's 13F filing on $AAPL (Oct 13, 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: Montrusco Bolton Investments 13F filings on SEC EDGAR. Written by software, not financial advice. How we make alerts