HB Wealth Management 13F: Adds $26M to Apple (AAPL) Stake

HB Wealth Management lifted its stake in Apple Inc. AAPL by 4.8% during the recent quarter, according to a Form 13F filing submitted to the SEC on October 23, 2026. The firm added 77,122 shares to bring its total holdings to 1,674,087 shares. That position carried an estimated value of $557,504,488 at the close of the period.

AAPL Apple Inc.

$347.73 ▲ +28.66% year to date

1M 3M YTD

Daily close · Oct 23, 2026

What Changed in HB Wealth Management's Apple Inc. Position

The institutional investor expanded its footprint in the consumer technology giant by picking up 77,122 shares. This 4.8% increase brought the fund's total share count from 1,596,965 up to 1,674,087 shares. The reported value of the holding reached $557.5 million.

Other Institutional Activity in Apple Inc.

Other institutional managers adjusted their positions in Apple Inc. AAPL around the same reporting date. Mutual of America Capital Management lowered its holdings by 1.3% to end with 1,566,404 shares worth about $521,643,860. BSN CAPITAL PARTNERS grew its holdings by 275,000 shares, ending with 850,000 shares worth about $276,110,500. Wilmington Savings Fund Society, FSB trimmed its stake by 9,619 shares, leaving it with 743,378 shares valued at about $247,559,742. Verity & Verity reduced its position by 2,045 shares to finish with 120,728 shares worth about $40,204,803.

Apple Inc. Stock Up 1.1%

Apple Inc. AAPL shares closed at $347.73 on October 23, 2026. The stock recently traded around $347.73 on October 24, 2026, which is about equal to that event close and sits roughly 0.2% below its 52-week high of $348.36. The share price rests 5.8% above its 50-day moving average of $328.62 and 18.3% above its 200-day moving average of $293.98.

Recent Earnings

Apple Inc. AAPL reported $466.82 billion in trailing twelve-month revenue alongside earnings of $8.72 per share. The company posted a net profit margin of 27.6% and a return on equity of 148.8%. Its next quarterly earnings release is scheduled for November 2, 2026.

Dividend

Apple Inc. AAPL pays an annual dividend rate of $1.08 per share, giving it a dividend yield of 0.31%. The payout ratio stands at 12.0% of earnings.

Insider Buying and Selling at Apple Inc.

Company insiders completed four recorded transactions earlier in October 2026. General Counsel Jennifer Newstead sold 2,399 shares on October 6 at $332.01 for $796,492, and another 2,399 shares on October 20 at $339.62 for $814,748. Chief Financial Officer Kevan Parekh sold 1,392 shares on October 16 valued at $480,315. Officer Ben Borders sold 1,280 shares on October 16 valued at $442,108.

Analysts Set New Price Targets

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

About Apple Inc.

Apple Inc. AAPL designs and markets mobile communication devices, personal computers, and portable digital media players alongside a variety of related services and accessories. The company produces popular hardware lines like the iPhone, Mac, and iPad, together with wearable devices such as AirPods and the Apple Vision Pro. Institutional interest remains high as the company prepares its upcoming financial results.

Bottom Line

Investors are watching for the upcoming earnings report on November 2, 2026, to gauge the company's hardware demand and service revenue growth. Institutional filings will continue to provide a window into how large asset managers adjust their exposure to the technology leader.