Schneider Downs Wealth Management Advisors 13F: Adds $728K to AAPL Stake
Key Points
- The fund's total reported value in Apple now stands at about $12.98 million, making up 3.16% of its overall portfolio.
- Schneider Downs Wealth Management Advisors held 38,976 $AAPL shares at quarter end, up 5.94% from the prior quarter.
- Apple shares recently traded at about $347.08, just slightly below their closing price of $347.10 on the filing date.
- Other funds like Chicago Partners Investment Group and Asset Management One also increased their stakes in Apple on the same day.
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On October 27, 2026, Schneider Downs Wealth Management Advisors boosted its stake in Apple Inc. (AAPL) by 2,185 shares, bringing its total to 38,976 shares. This information comes from the fund's latest Form 13F filing with the SEC, covering the quarter ended September 30, 2026.
The fund's reported value in Apple now totals about $12.98 million, and this position ranks 8th among its 181 reported holdings. The increase represents a 5.94% rise in the number of shares held.
AAPL
Apple Inc.
Where Apple Fits in Schneider Downs' Portfolio
Apple makes up 3.16% of Schneider Downs' total reported portfolio. With this boost, the position is now valued at approximately $12.98 million, reflecting the fund's confidence in the tech giant.
Apple Inc. Stock Down 0.2%
As of October 27, 2026, Apple shares closed at $347.10. The stock is currently trading above its 50-day moving average by about 5.1% and its 200-day moving average by about 17.7%. However, it remains slightly below its 52-week high of $351.73.
Recent Earnings
Apple reported revenue of approximately $466.8 billion for the trailing twelve months, with an earnings per share of $8.72. The next earnings report is scheduled for November 2, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
10 analysts raised price targets.
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EPS & revenue
EPS beat estimates by 1.1%. Revenue missed estimates by 0.6%.
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Profit surprise
EBITDA beat by 2 percent. Operating income beat by 3 percent.
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Pre-earnings setup
Expectations were about average.
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Analyst signal
10 target raises.
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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.
Insider Buying and Selling at Apple Inc.
Several insiders sold shares recently. General Counsel Jennifer Newstead sold 2,399 shares on October 6, 2026, at an average price of $332.01, totaling about $796,492. Chief Financial Officer Kevan Parekh sold 1,392 shares on October 16, 2026, valued at about $480,315. Another 2,399 shares were sold by Newstead again on October 20, 2026, at $339.62, amounting to approximately $814,748.
Analysts Set New Price Targets
On October 1, 2026, Morgan Stanley maintained its Overweight rating on Apple with a price target of $355. JP Morgan also maintained its Overweight rating, adjusting its target to $360 on October 12, 2026. Meanwhile, Loop Capital downgraded its rating to Hold with a target of $330 on October 20, 2026.
About Apple Inc.
Apple Inc. designs and sells a variety of consumer electronics, including smartphones, personal computers, tablets, and wearable devices. The company is known for its flagship products like the iPhone and Mac computers, as well as services like Apple TV and Apple Music.
Bottom Line
Investors should keep an eye on Apple's upcoming earnings report on November 2, 2026, along with any additional filings from Schneider Downs and other institutional investors. The recent changes in positions from multiple funds may indicate growing interest in Apple as a strong investment.
Related Filing Alerts
Source: Schneider Downs Wealth Management Advisors's 13F filing on $AAPL (Oct 27, 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