Midwest Trust 13F: Adds $7.4M to Apple (AAPL) Stake

Midwest Trust added to its holdings in Apple Inc. AAPL, purchasing 22,262 more shares during the period according to a Form 13F filing on October 22, 2026. The shift brought the fund's total investment to 1,454,798 shares with a reported value of $484,476,702.

AAPL Apple Inc.

$348.22 ▲ +28.84% year to date

1M 3M YTD

Daily close · Oct 22, 2026

What Changed in Midwest Trust's Apple Inc. Position

The fund lifted its position by 1.5% during the quarter, moving up from its previous count of 1,432,536 shares. That modest addition raised the total market value of the holding close to the half-billion-dollar mark by the end of the filing date.

Other Institutional Activity in Apple Inc.

Other large funds also made moves with the consumer electronics giant during the same window. True North Advisors grew its holdings by 19,006 shares, ending with 319,401 shares worth about $106.4 million. Meanwhile, Berkshire Hathaway, Inc kept its massive holding steady at 227,917,808 shares valued at roughly $79.4 billion.

Apple Inc. Stock Up 2.6%

Apple Inc. AAPL shares recently traded around $348.32 as of October 23, 2026, sitting right near the company's 52-week high of $348.15. The stock closed at $348.22 on the filing date. Shares remain well above longer-term trends, resting 6.3% above the 50-day moving average of $327.70 and about 18.7% above the 200-day moving average of $293.55.

Recent Earnings

Apple Inc. AAPL generated $466.8 billion in trailing twelve month revenue with earnings of $8.72 per share. The consumer electronics maker reported a return on equity of 148.8% alongside a net profit margin of 27.6%. Investors will look toward the next earnings release scheduled for November 2, 2026, for further financial updates.

Dividend

Apple Inc. AAPL pays an annual dividend rate of $1.08 per share, giving it a dividend yield of 0.31% based on recent share levels.

Insider Buying and Selling at Apple Inc.

Company insiders made several stock dispositions prior to the filing. Officer and Director Timothy D Cook disposed of 191,753 shares valued at about $63.8 million on October 2, 2026. General Counsel Jennifer Newstead sold 2,399 shares at $332.01 apiece for a total of $796,492 on October 6, 2026. Later, Chief Financial Officer Kevan Parekh disposed of 1,392 shares worth $480,315 on October 16, 2026, and officer Ben Borders sold 1,280 shares worth $442,108 on the same day.

Analysts Set New Price Targets

Analyst firms adjusted their views on the stock ahead of the filing. On October 1, 2026, Morgan Stanley maintained an overweight rating and lowered its target from $360.00 to $355.00, while Needham reiterated a hold rating. JP Morgan maintained an overweight rating and raised its target from $340.00 to $360.00 on October 12, 2026. MoffettNathanson maintained a neutral rating and lowered its target to $283.00 on October 20, 2026, and Loop Capital downgraded the stock to a hold with a $330.00 target on the same day. Overall, the stock carries a consensus buy rating and a mean price target of $328.35 across 39 analyst opinions.

About Apple Inc.

Based in Cupertino, California, Apple Inc. AAPL designs, manufactures, and markets popular personal tech items globally. Its hardware lineup includes iPhone smartphones, Mac computers, iPad tablets, and various wearables like the Apple Watch, AirPods, and Apple Vision Pro.

Bottom Line

Midwest Trust's slightly larger stake reflects steady institutional interest in the tech giant. Market participants will watch the upcoming November earnings release for fresh insights on hardware sales and profit margins.