Sustainable Growth Advisers 13F: Adds $39M to Apple (AAPL) Stake

Sustainable Growth Advisers expanded its investment in Apple Inc. (NasdaqGS: AAPL), lifting its stake by 116,988 shares during the period. The update came to light in a Form 13F filing with the Securities and Exchange Commission on October 15, 2026. Because institutional filings review holdings from past quarters, this snapshot captures the fund's positioning at that time and might not match its exact share count today.

What Changed in Sustainable Growth Advisers's Apple Position

The fund grew its Apple holdings by 6.7%, moving from 1,747,382 shares up to 1,864,370 shares. The reported value of the position reached about $620.9 million by the end of the reporting cycle. Sustainable Growth Advisers is known for taking measured stakes in established market leaders, and this addition points to a steady commitment to the tech giant.

Other Institutional Activity in Apple

Other large money managers also adjusted their positions in the tech company around the same reporting cycle. Blackrock Inc. grew its holdings by 18,314,912 shares, ending with 1,162,996,939 shares worth about $399.4 billion. Vanguard Capital Management LLC grew its holdings by 5,246,239 shares, ending with 959,107,911 shares worth about $329.4 billion. State Street Corporation grew its holdings by 12,770,030 shares, ending with 615,129,929 shares worth about $211.3 billion. Geode Capital Management, LLC grew its holdings by 2,727,705 shares, ending with 371,336,543 shares worth about $127.5 billion. Vanguard Portfolio Management LLC grew its holdings by 2,684,620 shares, ending with 334,119,156 shares worth about $114.8 billion.

Apple Inc. Stock Holds Steady

Apple shares recently traded around $343.01, which is about 5.5% above its 50-day moving average and 17.4% above its 200-day moving average. The stock sits 1.5% below its 52-week high of $348.15 and well above its 52-week low of $243.42.

Recent Earnings

Apple reported trailing-twelve-month revenue of $466.8 billion alongside trailing earnings of $8.72 per share. The company posted a net profit margin of 27.6% and a return on equity of 148.8%, with year-over-year revenue growth coming in at 16.4%. The company's next quarterly earnings report is scheduled for November 2, 2026.

Dividend

Apple pays an annual dividend with a yield of 0.32% and a payout ratio of 12.0%.

Insider Buying and Selling at Apple Inc.

Company insiders completed several share sales. Officer Deirdre O'Brien sold 46,389 shares for a total of $15.5 million on October 2. Chief Executive Officer John Ternus sold 25,412 shares worth $8.5 million on October 2. Officer and Director Timothy D. Cook sold 191,753 shares valued at $63.8 million on October 2. General Counsel Jennifer Newstead sold 2,399 shares at a price of $332.01 per share for a total of $796,492 on October 6, 2026.

Analysts Set New Price Targets

Wall Street analysts have updated their outlooks on the stock in recent weeks. On September 23, 2026, B of A Securities reiterated its Buy rating with a $370.00 price target. Morgan Stanley reiterated its Overweight rating and $360.00 target on September 29, 2026, and later maintained the rating while lowering its target to $355.00 on October 1. Needham reiterated a Hold rating on October 1, 2026. JP Morgan maintained its Overweight rating on October 12, 2026, and raised its price target from $340.00 to $360.00. Across the broader analyst community, the stock holds a consensus Buy rating with a mean price target of $329.38 based on 39 analyst opinions.

About Apple

Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. Its core product lineup includes the iPhone, Mac, iPad, and various wearable devices like the Apple Watch and AirPods. Institutional interest remains strong as the company prepares for its upcoming earnings release.

Bottom Line

Investors tracking Sustainable Growth Advisers will want to watch for future SEC filings to see if the fund continues adding to its position. Apple's next earnings report on November 2, 2026, will offer a fresh look at company performance. Remember that 13F filings look backward at past quarters, so these figures show historical positioning. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.