E. Ohman J:or Asset Management 13F: Cuts AAPL Stake by $5.2M

Apple Inc. (AAPL) business photo

Key Points

  • E. Ohman J:or Asset Management trimmed its Apple Inc. stake by 1.8% to 834,903 shares, according to an October 22, 2026 filing.
  • Apple Inc. trades with a trailing P/E of 39.4 and offers a modest dividend yield of 0.31%, paying an annual rate of $1.08 per share.
  • Several institutional investors and insiders adjusted their holdings in October 2026 as the tech giant approaches its November earnings report.

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E. Ohman J:or Asset Management reduced its holdings in Apple Inc. AAPL during the recent quarter, according to a Form 13F filing on October 22, 2026. The stock closed at $346.93 on the filing date.

AAPL Apple Inc.
$348.22 +28.84% year to date
Daily close · Oct 22, 2026

What Changed in E. Ohman J:or's Apple Position

The firm trimmed its position by 1.8%, shedding 15,498 shares to end the period with 834,903 shares. The remaining stake carried a reported value of $278,039,397, down from its prior count of 850,401 shares.

Other Institutional Activity in Apple

Other institutional players also adjusted their portfolios. SBI Securities trimmed its position by 5,719 shares to hold 464,200 shares worth about $154,587,884. Magnus Financial Group grew its holdings by 2,062 shares, ending with 139,696 shares worth about $46,521,688. Smith Chas P & Associates Pa Cpas trimmed its position by 10.5% to 368,273 shares worth about $126,487,160. Berkshire Hathaway, Inc held steady with 227,917,808 shares valued at about $79,076,086,267.

Apple Inc. Stock Up 1.7%

Apple shares recently traded around $345.32, sitting below the 52-week high of $348.15 while well above the 200-day moving average of $293.55.

Recent Earnings

Apple posted trailing twelve month revenue of $466.8 billion alongside an EPS of $8.72. The company's net margin stands at 27.6% with a return on equity of 148.8%, and its next earnings release 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 pays an annual dividend rate of $1.08 per share, which translates to a dividend yield of 0.31%. The payout ratio sits at 12.0%, reflecting a modest portion of earnings returned directly to shareholders relative to the company's large market cap and profitability.

Insider Buying and Selling at Apple Inc.

Several company insiders completed transactions in October 2026. Officer and Director Timothy D Cook disposed of 191,753 shares valued at $63,845,841 on October 2. General Counsel Jennifer Newstead sold 2,399 shares at $332.01 apiece for $796,492 on October 6. Chief Financial Officer Kevan Parekh sold 1,392 shares worth $480,315 on October 16, and officer Ben Borders sold 1,280 shares worth $442,108 on the same day.

Analysts Set New Price Targets

Wall Street firms updated their views on the stock ahead of the filing. On October 1, Morgan Stanley maintained its Overweight rating with a $355 target, while Needham reiterated a Hold rating. JP Morgan maintained an Overweight rating with a target raised to $360 on October 12. MoffettNathanson maintained a Neutral rating with a target of $283 on October 20, and Loop Capital downgraded the stock to Hold with a $330 target that same day. The stock carries a consensus buy recommendation across 39 analyst opinions with a mean target price of $328.35.

About Apple Inc.

Apple designs and manufactures popular consumer electronics and software, including iPhones, Macs, iPads, and wearables like AirPods and Apple Watch. Its hardware ecosystem is paired with digital services and accessories, making it one of the largest technology firms globally.

Bottom Line

Institutional adjustments and insider transactions continue to unfold as investors monitor Apple's valuation ahead of its upcoming earnings report on November 2, 2026. Market participants will look to the upcoming financial results for further direction on growth and margins.

Source: E. Ohman J:or Asset Management's 13F filing on $AAPL (Oct 22, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts

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