20,118 Shares in Apple Inc. $AAPL Bought by Vista Cima Wealth Management LLC

Key Points

• Vista Cima Wealth Management LLC bought 20,118 Apple shares worth approximately $5.82 million during the second quarter, making Apple its seventh-largest holding and representing about 4.3% of its portfolio. Institutional investors collectively own 67.73% of Apple’s outstanding shares.
• Apple reported quarterly earnings of $2.02 per share, beating estimates of $1.89, while revenue rose 16.4% year over year to $109.42 billion. The company also paid a quarterly dividend of $0.27 per share, equivalent to a 0.3% yield.
• Analyst sentiment remains broadly positive, with a consensus rating of “Moderate Buy” and an average price target of $340.14, although some analysts maintain neutral or underweight ratings. An Apple senior vice president separately sold 1,438 shares to cover tax withholding obligations.

Vista Cima Wealth Management LLC bought a new position in Apple Inc. (NASDAQ:AAPL - Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The fund bought 20,118 shares of the iPhone maker's stock, valued at approximately $5,821,000. Apple comprises about 4.3% of Vista Cima Wealth Management LLC's holdings, making the stock its 7th largest position.

Other hedge funds have also recently made changes to their positions in the company. Longfellow Investment Management Co. LLC bought a new stake in shares of Apple in the 2nd quarter worth about $30,000. Lifetime Wealth Management P.C. bought a new position in Apple during the 4th quarter valued at about $41,000. Basso Capital Management L.P. bought a new position in Apple during the 4th quarter valued at about $88,000. Bard Associates Inc. purchased a new stake in Apple in the 4th quarter worth about $109,000. Finally, MidAtlantic Capital Management Inc. purchased a new stake in Apple in the 4th quarter worth about $187,000. 67.73% of the stock is currently owned by hedge funds and other institutional investors.

Apple Stock Down 0.3%

Shares of AAPL stock opened at $336.13 on Friday. Apple Inc. has a fifty-two week low of $240.21 and a fifty-two week high of $344.57. 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 firm has a market capitalization of $4.91 trillion, a PE ratio of 38.55, a P/E/G ratio of 2.93 and a beta of 1.08. The stock's 50-day simple moving average is $320.24 and its 200-day simple moving average is $294.69.

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. Apple had a net margin of 27.62% and a return on equity of 135.46%. The business had revenue of $109.42 billion for the quarter, compared to the consensus estimate of $109.04 billion. During the same period in the prior year, the firm earned $1.57 EPS. The business's revenue for the quarter was up 16.4% on a year-over-year basis. Equities analysts expect that Apple Inc. will post 8.74 earnings per share for the current year.

Apple Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, August 13th. Stockholders of record on Monday, August 10th were paid a $0.27 dividend. The ex-dividend date was Monday, August 10th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.3%. Apple's dividend payout ratio is presently 12.39%.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. Raymond James Financial reissued a "market perform" rating on shares of Apple in a research note on Friday, July 31st. Barclays reaffirmed an "underweight" rating and issued a $245.00 price target (down from $253.00) on shares of Apple in a research note on Friday, July 31st. Argus lifted their price objective on shares of Apple from $325.00 to $375.00 in a report on Monday, June 8th. KeyCorp reissued an "underweight" rating on shares of Apple in a research report on Friday, September 4th. Finally, DA Davidson restated a "neutral" rating and issued a $270.00 target price on shares of Apple in a research note on Wednesday, September 2nd. One research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, thirteen have assigned a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $340.14.

Key Headlines Impacting Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Evercore ISI raised its Apple price target to $380 from $365 and maintained an outperform view. A survey of roughly 4,000 consumers indicated a potentially stronger-than-expected iPhone upgrade cycle and a higher average selling price. iPhone 18 Pro Hits Stores Today
• Positive Sentiment: iPhone 18 Pro sales are supported by carrier trade-in promotions. Bank of America said incentives can offset the $100 price increase, reducing the risk that higher prices will weaken demand. Apple’s iPhone 18 Lineup Keeps Bank of America Bullish
• Positive Sentiment: Apple’s ecosystem is gaining additional reach. General Motors plans to restore Apple CarPlay after consumer backlash, while Apple is reportedly preparing an Apple Pay launch in India with Axis Bank. These developments could support services engagement and ecosystem adoption. GM Is Re-downloading Apple CarPlay
• Neutral Sentiment: Initial iPhone 18 Pro demand indicators are mixed. Quick-commerce shortages in India suggest strong localized demand, but UBS cited muted wait times in several major markets. Investors are also assessing whether customers may delay purchases for Apple’s roughly $1,999 foldable iPhone Duo. Apple iPhone 18 Seeing Muted Initial Wait Times
• Negative Sentiment: Risks include premium pricing, valuation and regulatory pressure. Analysts warn that expensive devices could limit adoption in price-sensitive markets such as India. More than 1,600 Italian Apple store employees also struck on launch day, while Apple continues to challenge a potential UK encryption backdoor order and faces European legal scrutiny. Italian Apple Store Employees Strike

Insider Activity at Apple

In related news, SVP Jennifer Newstead sold 1,438 shares of the firm's stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $330.19, for a total transaction of $474,813.22. Following the sale, the senior vice president directly owned 32,914 shares of the company's stock, valued at $10,867,873.66. This trade represents a 4.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 8,632 shares of company stock valued at $2,719,955 in the last quarter. 0.06% of the stock is owned by corporate insiders.

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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