13,871 Shares in Apple Inc. $AAPL Bought by Mowery & Schoenfeld Wealth Management LLC

Key Points

• Mowery & Schoenfeld Wealth Management acquired 13,871 Apple shares worth approximately $4.0 million, making Apple its fifth-largest holding at 5.5% of the portfolio. Institutional investors and hedge funds collectively own 67.73% of Apple.
• Apple’s latest quarter exceeded expectations, with earnings of $2.02 per share and revenue of $109.42 billion, up 16.4% year over year. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $338.80.
• Growth prospects include a potentially strong iPhone upgrade cycle, carrier promotions and reported AI-server development, but Apple’s high valuation and regulatory risks—including a $2.7 billion UK lawsuit—could limit upside.

Mowery & Schoenfeld Wealth Management LLC acquired a new stake in Apple Inc. (NASDAQ:AAPL - Free Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 13,871 shares of the iPhone maker's stock, valued at approximately $4,014,000. Apple makes up about 5.5% of Mowery & Schoenfeld Wealth Management LLC's holdings, making the stock its 5th largest holding.

A number of other hedge funds have also recently made changes to their positions in the business. Crosspoint Financial LLC purchased a new stake in shares of Apple in the second quarter valued at about $346,000. Element Pointe Advisors LLC purchased a new position in Apple during the second quarter worth about $5,197,000. Valley Forge Investment Consultants Inc. ADV purchased a new position in Apple during the second quarter worth about $1,523,000. Park State Asset Management bought a new stake in Apple in the 2nd quarter worth about $11,259,000. Finally, M. Kulyk & Associates LLC bought a new position in shares of Apple in the second quarter valued at approximately $24,532,000. 67.73% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, SVP Jennifer Newstead sold 1,439 shares of Apple stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $317.01, for a total value of $456,177.39. Following the completion of the transaction, the senior vice president directly owned 35,790 shares in the company, valued at approximately $11,345,787.90. The trade was a 3.87% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Over the last ninety days, insiders have sold 8,632 shares of company stock valued at $2,719,955. 0.06% of the stock is currently owned by company insiders.

More Apple News

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Bank of America reiterated its Buy rating and set a $370 price target, citing carrier incentives of up to $1,200, a potentially strong iPhone upgrade cycle, capital returns and opportunities for edge AI. Apple’s iPhone Upgrade Cycle Looks Strong As Carrier Incentives Hit $1,200
• Positive Sentiment: Carrier promotions are helping offset higher iPhone 18 Pro prices, supporting expectations for sales despite concerns that consumers could be waiting for Apple’s foldable iPhone Duo. Apple also reportedly gained smartphone market share, even as overall industry shipments declined. Apple iPhone 18 Pro Sales Helped By Carrier Promotions
• Positive Sentiment: Reports that Apple is developing AI servers powered by M8 Ultra chips provided a longer-term growth narrative. The planned infrastructure, potentially using NVIDIA networking technology, could reduce cloud costs, protect Services margins and create an enterprise-server opportunity around 2029. Apple Is Quietly Building an AI Advantage Few Expected
• Positive Sentiment: Apple remains a core Berkshire Hathaway holding, representing more than half of Warren Buffett’s portfolio along with American Express and Alphabet. This reinforces the perception of Apple as a high-quality, cash-generating long-term investment. Warren Buffett Has More Than 50% of His Portfolio in These 3 Stocks
• Neutral Sentiment: Early iPhone 18 Pro preorder signals are mixed. Some analysts see shorter wait times as a sign of softer demand, while others believe carrier discounts and customers delaying purchases for the foldable model explain the pattern. Bank of America flags surprising iPhone 18 pre-order trend
• Negative Sentiment: Apple’s premium valuation leaves limited room for disappointment, while a $2.7 billion UK lawsuit over app-tracking rules and continuing European scrutiny add regulatory risk. An executive’s stock sale was disclosed, although it was conducted to cover tax withholding on vested equity and is not necessarily a bearish signal. Apple Faces a $2.7 Billion UK Lawsuit

Apple Stock Up 1.4%

AAPL stock opened at $337.00 on Friday. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.93 and a current ratio of 1.00. The company has a market capitalization of $4.92 trillion, a price-to-earnings ratio of 38.65, a PEG ratio of 2.89 and a beta of 1.08. Apple Inc. has a fifty-two week low of $236.65 and a fifty-two week high of $344.57. The stock has a fifty day moving average of $319.82 and a 200-day moving average of $294.40.

Apple (NASDAQ:AAPL - Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The iPhone maker reported $2.02 EPS for the quarter, beating the consensus estimate of $1.89 by $0.13. The business had revenue of $109.42 billion for the quarter, compared to the consensus estimate of $109.04 billion. Apple had a net margin of 27.62% and a return on equity of 135.46%. The company's revenue was up 16.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.57 earnings per share. As a group, equities research analysts predict that Apple Inc. will post 8.74 earnings per share for the current year.

Apple Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 13th. Investors of record on Monday, August 10th were issued a $0.27 dividend. The ex-dividend date of this dividend was Monday, August 10th. This represents a $1.08 annualized dividend and a yield of 0.3%. Apple's dividend payout ratio (DPR) is 12.39%.

Wall Street Analysts Forecast Growth

AAPL has been the topic of a number of recent analyst reports. Oppenheimer reiterated a "market perform" rating on shares of Apple in a report on Thursday, September 10th. Needham & Company LLC reaffirmed a "hold" rating on shares of Apple in a research report on Tuesday, September 8th. Maxim Group lifted their target price on Apple from $350.00 to $380.00 and gave the stock a "buy" rating in a research note on Friday, July 31st. Raymond James Financial reissued a "market perform" rating on shares of Apple in a report on Friday, July 31st. Finally, DZ Bank lowered shares of Apple from a "buy" rating to a "hold" rating and set a $310.00 price target for the company. in a research report on Tuesday, August 4th. One analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, thirteen have given a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $338.80.

Apple Company Profile

Apple Inc is a technology company that designs, develops and markets consumer electronics, software and digital services. Its principal products include the iPhone, Mac computers, iPad tablets, Apple Watch, AirPods and other accessories. The company also develops operating systems and applications that support its hardware products.

Apple's services business includes the App Store, Apple Music, Apple TV, Apple Arcade, Apple Fitness+, Apple News+, Apple Pay and iCloud. These services provide digital content, payments, cloud storage and subscription offerings across the company's ecosystem of devices.

Founded in 1976, Apple is headquartered in Cupertino, California, and serves consumers, businesses, educational institutions and government customers worldwide.

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