Howland Capital Management 13F: Cuts Apple (AAPL) Stake by $6.1M

Howland Capital Management reduced its holdings in Apple Inc. AAPL by 3.4%, selling 18,221 shares during the period according to a Form 13F filing with the SEC on October 22, 2026. The firm held 530,934 shares prior to the adjustment and finished the quarter with 512,713 shares. The remaining stake carried a reported value of $170,743,684.00 on the filing date.

AAPL Apple Inc.

$348.22 ▲ +28.84% year to date

1M 3M YTD

Daily close · Oct 22, 2026

Other Institutional Activity in Apple Inc.

Other institutional investors also adjusted their positions in the stock around the same time. True North Advisors boosted its holdings in Apple Inc. AAPL by 6.3%, acquiring 19,006 shares to end the quarter with 319,401 shares worth about $106.4 million. Midwest Trust grew its stake by 1.5% to 1,454,798 shares worth about $484.5 million, adding 22,262 shares. Perigon Wealth Management trimmed its holdings by 4.1% by selling 46,447 shares, leaving it with 1,090,415 shares valued at $363.1 million. Sepio Capital lifted its stake by 13.7% with the purchase of 9,226 shares, ending with 76,372 shares worth $25.4 million. RMR Wealth Builders grew its holdings by 2.3% by adding 3,671 shares, finishing with 161,937 shares worth about $53.9 million.

Apple Inc. Stock Up 1.3%

Apple shares recently traded around $348.32 as of October 23, 2026, which is about equal to its closing price of $348.22 on the filing date.

Recent Earnings

Apple generated $466.8 billion in trailing twelve month revenue with earnings of $8.72 per share. The company reported a net profit margin of 27.6% and a return on equity of 148.8%. Its next quarterly earnings report is scheduled for November 2, 2026.

Dividend

Apple pays an annual dividend rate of $1.08 per share, which represents a dividend yield of 0.31%. The company maintains a dividend payout ratio of 12.0%, leaving plenty of room to return cash to shareholders while reinvesting in its core product lineup.

Insider Buying and Selling at Apple Inc.

Company insiders executed several stock sales prior to the filing. General Counsel Jennifer Newstead sold 2,399 shares on October 6 at $332.01 per share for a total of $796,492.00, and later sold another 2,399 shares on October 20 at $339.62 per share worth $814,748.00. Chief Financial Officer Kevan Parekh sold 1,392 shares on October 16 for a total of $480,315.00. Officer Ben Borders sold 1,280 shares on October 16 for $442,108.00.

Analysts Set New Price Targets

Wall Street firms updated their views on the stock ahead of the filing. Morgan Stanley maintained an overweight rating on October 1 with a $355.00 price target. Needham reiterated a hold rating on October 1. JP Morgan maintained an overweight rating on October 12, raising its target to $360.00. MoffettNathanson maintained a neutral rating on October 20 with a target of $283.00. Loop Capital downgraded the stock to hold on October 20 with a $330.00 target. Overall, the stock carries a consensus buy recommendation with a mean target price of $328.35.

About Apple Inc.

Apple Inc. designs, manufactures, and markets mobile communication devices, personal computers, and portable digital music players. The company sells a wide range of related software, services, accessories, and networking solutions to consumers, small and mid-sized businesses, and education customers globally through its retail stores, online stores, and direct sales force.

Bottom Line

Investors will look toward Apple's upcoming earnings release on November 2, 2026, to gauge ongoing demand for its consumer hardware and software services.