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Apple Braces for Historic CEO Change and Q2 Earnings: A Look at Top Shareholders Ahead of the Transition

Story Highlights
  • Apple will report its Q2 FY26 earnings next week on April 30.
  • Let’s explore AAPL’s shareholder structure through TipRanks’ ownership tool.
Apple Braces for Historic CEO Change and Q2 Earnings: A Look at Top Shareholders Ahead of the Transition

Apple (AAPL), the iPhone maker, drew attention after the company announced that CEO Tim Cook will step down on September 1, 2026, to become Executive Chairman. He will be succeeded by John Ternus, a 25-year Apple veteran who currently leads hardware engineering.

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As the company prepares for this leadership change, investors are also looking ahead to Apple’s fiscal second-quarter results, due on Thursday, April 30. Wall Street expects earnings per share of $1.94 for Q2 FY26 on revenues of $109.32 billion. With the earnings report approaching, here’s a look at who owns Apple stock.

Who Owns AAPL Stock? 

Now, according to TipRanks’ Ownership Tool, public companies and individual investors own 60.61% of Apple. They are followed by exchange-traded funds (ETFs), mutual funds, insiders, and other institutional investors, at 21.61%, 17.70%, 0.06%, and 0.01%, respectively. 

Digging Deeper into Apple’s Ownership Structure

Looking closely at the top shareholders, Vanguard owns the highest stake in Apple at 8.45%, followed by Vanguard Index Funds with a 6.87% holding.

Among the top ETF holders, the Vanguard Total Stock Market ETF (VTI) owns a 3.18% stake in AAPL, while the Vanguard S&P 500 ETF (VOO) owns 2.59%.

Moving to mutual funds, Vanguard Index Funds holds about 6.87% of Apple. Meanwhile, Fidelity Concord Street Trust owns 1.76% of the tech giant.

Is Apple a Buy or Sell Right Now? 

Turning to Wall Street, analysts have a Moderate Buy consensus rating on AAPL stock based on 16 Buys, eight Holds, and one Sell assigned in the past three months, as indicated by the graphic below. Furthermore, the average AAPL price target of $305.81 per share implies 12% upside potential.

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