20,531 Shares of Apple Inc. $AAPL Acquired by Capasso Planning Partners LLC

Key Points

• Capasso Planning Partners LLC acquired 20,531 Apple shares worth approximately $5.94 million in the second quarter, making Apple its ninth-largest holding and representing about 3% of its portfolio. Several other institutional investors also initiated sizable Apple positions.
• Apple reported strong quarterly results, with EPS of $2.02 and revenue of $109.42 billion, up 16.4% year over year. The company also paid a quarterly dividend of $0.27 per share, equivalent to a 0.3% yield.
• Analysts maintain a generally positive view, with a consensus rating of “Moderate Buy” and an average price target of $340.14, although Apple faces concerns involving AI competition, potential margin pressure, legal disputes and security risks.

Capasso Planning Partners LLC purchased a new stake in Apple Inc. (NASDAQ:AAPL - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 20,531 shares of the iPhone maker's stock, valued at approximately $5,941,000. Apple accounts for about 3.0% of Capasso Planning Partners LLC's holdings, making the stock its 9th largest holding.

Several other large investors also recently made changes to their positions in AAPL. Prospect Hill Management LLC purchased a new stake in Apple during the 2nd quarter worth $146,370,000. Focus Partners Advisor Solutions LLC acquired a new stake in shares of Apple during the second quarter valued at about $168,646,000. Wealthfront Advisers LLC purchased a new stake in shares of Apple during the second quarter worth about $482,388,000. Satovsky Asset Management LLC acquired a new position in shares of Apple in the second quarter worth about $16,064,000. Finally, Saranac Partners Ltd acquired a new position in shares of Apple in the second quarter worth about $9,513,000. Institutional investors and hedge funds own 67.73% of the company's stock.

Apple Price Performance

Shares of NASDAQ:AAPL opened at $329.40 on Wednesday. The firm's 50 day moving average is $321.83 and its two-hundred day moving average is $298.67. Apple Inc. has a 52 week low of $243.42 and a 52 week high of $345.34. The firm has a market capitalization of $4.81 trillion, a P/E ratio of 37.78, a PEG ratio of 2.94 and a beta of 1.08. The company has a current ratio of 1.00, a quick ratio of 0.93 and a debt-to-equity ratio of 0.66.

Apple (NASDAQ:AAPL - Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The iPhone maker reported $2.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.89 by $0.13. Apple had a return on equity of 135.46% and a net margin of 27.62%.The business had revenue of $109.42 billion during the quarter, compared to the consensus estimate of $109.04 billion. During the same period in the previous year, the firm posted $1.57 earnings per share. The business's revenue was up 16.4% on a year-over-year basis. Analysts anticipate that Apple Inc. will post 8.74 earnings per share for the current year.

Apple Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 13th. Shareholders of record on Monday, August 10th were paid a dividend of $0.27 per share. 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 payout ratio is presently 12.39%.

Wall Street Analysts Forecast Growth

AAPL has been the subject of several research analyst reports. Robert W. Baird increased their target price on Apple from $310.00 to $330.00 and gave the company an "outperform" rating in a research note on Friday, July 24th. Wedbush reaffirmed an "outperform" rating and issued a $400.00 price target on shares of Apple in a report on Friday, June 5th. Wells Fargo & Company reiterated an "overweight" rating and set a $350.00 price objective (up from $310.00) on shares of Apple in a research note on Friday, July 31st. Jefferies Financial Group reissued an "underperform" rating on shares of Apple in a report on Wednesday, September 9th. Finally, Citigroup reissued a "buy" rating on shares of Apple in a research report on Thursday, September 10th. One analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, thirteen have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company 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: CEO John Ternus is reportedly considering a leaner, engineering-led structure that could eliminate layers of middle management, accelerate product launches and make Apple more experimental. Investors may view the changes as a response to concerns about slower innovation, particularly in artificial intelligence. Apple CEO overhaul report
• Positive Sentiment: Apple Pay is reportedly launching in a key market, potentially expanding transaction volume and services revenue. Separately, Apple remains a major customer for TSMC’s advanced 2-nanometer chips, supporting future device performance and product differentiation. Apple Pay launch report
• Neutral Sentiment: Apple’s large buyback program remains a relative strength among the Magnificent Seven, although the immediate effect is financial support rather than a new growth catalyst. Apple and Nvidia buybacks
• Negative Sentiment: Bank of America warned that Meta’s Muse could change how consumers search, shop and initiate payments. Even if users continue buying iPhones, AI agents could divert discovery and referral activity away from Apple’s ecosystem, putting pressure on services growth and Apple’s AI strategy. Apple faces threat from Meta Muse
• Negative Sentiment: Reports that Ternus may plan layoffs as memory-chip costs rise raise concerns about gross-margin pressure and slower near-term earnings growth. Apple has already indicated that higher memory expenses could reduce profit per device.
• Negative Sentiment: Apple also faces legal and operational overhangs, including a $5.7 billion patent verdict, a revived UK consumer lawsuit involving Amazon marketplace sales, and an emergency iOS security update addressing a flaw that could enable arbitrary code execution. Apple patent verdict

Insider Transactions at Apple

In other news, SVP Jennifer Newstead sold 2,399 shares of the firm's stock in a transaction on Tuesday, September 22nd. The stock was sold at an average price of $340.06, for a total transaction of $815,803.94. Following the transaction, the senior vice president directly owned 44,391 shares of the company's stock, valued at approximately $15,095,603.46. This trade represents a 5.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In the last ninety days, insiders sold 11,031 shares of company stock worth $3,535,759. Insiders own 0.06% of the company's stock.

Apple Company Profile

Apple Inc is a technology company that designs, develops and markets consumer electronics, software and digital services. Its best-known products include the iPhone smartphone, Mac personal computers, iPad tablets, Apple Watch, AirPods and other accessories. The company also develops operating systems and software platforms, including iOS, macOS, iPadOS, watchOS and visionOS.

Apple's services business includes the App Store, Apple Music, Apple TV+, Apple Arcade, Apple News+, Apple Fitness+ and iCloud.

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