Wilmington Savings Fund Society, FSB 13F: Cuts AAPL Stake by $3.2M

Wilmington Savings Fund Society trimmed its stake in Apple Inc. AAPL by 9,619 shares during the period, according to its Form 13F filing submitted to the SEC on October 23, 2026. The institutional investor reported holding 743,378 shares of the consumer technology giant valued at about $247.6 million at the close of the period, down from its prior holding of 752,997 shares.

AAPL Apple Inc.

$347.73 ▲ +28.66% year to date

1M 3M YTD

Daily close · Oct 23, 2026

What Changed in Wilmington Savings Fund Society's Apple Inc. Position

The fund reduced its holdings by a 1.3% decrease, bringing its total ownership down to 743,378 shares worth $247,559,742. Apple shares closed at $347.73 on the October 23, 2026, filing date.

Other Institutional Activity in Apple Inc.

Other large funds adjusted their positions around the same time. BSN Capital Partners grew its holdings by 275,000 shares, ending with 850,000 shares worth about $276.1 million. BIP Wealth grew its holdings by 4,571 shares, ending with 125,602 shares worth about $41.8 million. U S Global Investors reduced its holdings by 2,000 shares, ending with 0 shares worth about $0. Mutual of America Capital Management lowered its holdings by 20,749 shares, ending with 1,566,404 shares worth about $521.6 million. Berkshire Hathaway, Inc held steady with 227,917,808 shares worth about $79.3 billion.

Apple Inc. Stock Up 1.1%

Apple Inc. shares recently traded at $347.73 on October 24, 2026, putting the stock about equal to its closing price on the filing date. The stock trades above its 50-day moving average of $328.62 and well above its 200-day moving average of $293.98.

Recent Earnings

Apple Inc. generated trailing-twelve-month revenue of $466.8 billion and 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. pays an annual dividend rate of $1.08 per share, which translates to a dividend yield of 0.31%. The company maintains a conservative dividend payout ratio of 12.0%, leaving plenty of earnings to fund its consumer electronics operations and share buybacks.

Insider Buying and Selling at Apple Inc.

Several company insiders completed transactions prior to the filing. General Counsel Jennifer Newstead sold 2,399 shares on October 6, 2026, at an average price of $332.01 for a total of $796,492. Chief Financial Officer Kevan Parekh sold 1,392 shares on October 16, 2026, valued at $480,315. Officer Ben Borders sold 1,280 shares on October 16, 2026, valued at $442,108. Jennifer Newstead also sold 2,399 shares on October 20, 2026, at $339.62 for a total of $814,748.

Analysts Set New Price Targets

Wall Street analysts updated their views on the stock ahead of the filing. Morgan Stanley maintained its Overweight rating on October 1, 2026, lowering its price target to $355.00. Needham reiterated a Hold rating on October 1, 2026. JP Morgan maintained an Overweight rating on October 12, 2026, raising its price target to $360.00. MoffettNathanson maintained a Neutral rating on October 20, 2026, lowering its target to $283.00. Loop Capital downgraded the stock to Hold on October 20, 2026, cutting its price target to $330.00. Overall, the stock carries a consensus buy recommendation from 39 analysts with a mean price target of $328.35.

About Apple Inc.

Apple Inc. designs and markets personal electronics, including the iPhone, Mac computers, iPad, and wearable accessories like AirPods and the Apple Vision Pro. Headquartered in Cupertino, California, the company reaches global consumers through its retail and digital services ecosystem.

Bottom Line

Institutional adjustments in Apple stock continue to show mixed sentiment among large investors as shares trade near all-time highs. Investors will look to the upcoming earnings report on November 2, 2026, for fresh updates on hardware demand and profit margins.