27,284 Shares of Apple Inc. $AAPL Acquired by Rose Capital Advisors LLC

Key Points

• Rose Capital Advisors initiated a 27,284-share Apple position valued at approximately $7.9 million, making Apple its third-largest holding and about 4% of its portfolio. Other institutions also opened sizable positions, with institutional investors collectively owning 67.73% of Apple.
• Apple reported quarterly revenue of $109.42 billion and earnings of $2.02 per share, exceeding analyst expectations; revenue increased 16.4% year over year. The company also paid a quarterly dividend of $0.27 per share, yielding approximately 0.3%.
• Analyst sentiment remains generally positive, with a consensus “Moderate Buy” rating and an average price target of $340.02, although concerns include Apple’s elevated valuation, softer iPhone pricing, and higher memory costs that could pressure margins.

Rose Capital Advisors LLC bought a new position in Apple Inc. (NASDAQ:AAPL - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 27,284 shares of the iPhone maker's stock, valued at approximately $7,895,000. Apple makes up about 4.0% of Rose Capital Advisors LLC's portfolio, making the stock its 3rd largest holding.

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

Apple Stock Up 0.9%

Shares of Apple stock opened at $336.67 on Thursday. The stock has a market capitalization of $4.91 trillion, a P/E ratio of 38.61, a PEG ratio of 2.66 and a beta of 1.07. The company has a quick ratio of 0.93, a current ratio of 1.00 and a debt-to-equity ratio of 0.66. The stock has a 50 day moving average price of $321.92 and a two-hundred day moving average price of $302.11. Apple Inc. has a 12-month low of $243.42 and a 12-month high of $345.34.

Apple (NASDAQ:AAPL - Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The iPhone maker reported $2.02 EPS for the quarter, beating analysts' consensus estimates of $1.89 by $0.13. Apple had a net margin of 27.62% and a return on equity of 135.46%. The company had revenue of $109.42 billion for the quarter, compared to analyst estimates of $109.04 billion. During the same quarter last year, the firm posted $1.57 earnings per share. The company's quarterly revenue was up 16.4% compared to the same quarter last year. Equities analysts expect that Apple Inc. will post 8.75 earnings per share for the current year.

Apple Dividend Announcement

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

Trending Headlines about Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple is reportedly partnering with LG Electronics to develop a smart-home lineup including a doorbell, smart lock, thermostat and other accessories tied to a new Apple home hub. The initiative could expand the HomeKit ecosystem, create new hardware and services revenue, and intensify competition with Amazon’s Ring and Google’s Nest. Apple partners with LG on smart-home devices
• Positive Sentiment: Apple’s App Store revenue growth reportedly rebounded to 5% in September after a weaker August. Continued Services momentum supports the company’s recurring-revenue profile, though investors are watching whether the improvement proves durable. Apple App Store growth rebounds
• Neutral Sentiment: CEO John Ternus sold 25,412 shares worth about $8.5 million to cover tax withholding tied to equity vesting. Because the transaction was tax-related rather than described as discretionary selling, it is unlikely to materially change the investment case, though it may create short-term headline pressure. Apple CEO stock sale
• Negative Sentiment: Morgan Stanley lowered its Apple price target to $355 despite raising revenue forecasts, citing softer iPhone pricing and higher memory-chip costs that could compress gross margins. The target is only modestly above recent trading levels, limiting perceived upside. Morgan Stanley cuts Apple price target
• Negative Sentiment: Several valuation comparisons highlight that investors pay substantially more for each dollar of Apple’s earnings than for Nvidia’s, despite Nvidia’s stronger recent profitability. With AAPL trading at an elevated earnings multiple, the stock may require sustained iPhone, Services and AI growth to justify its premium. Nvidia versus Apple valuation comparison

Wall Street Analysts Forecast Growth

AAPL has been the subject of several recent research reports. Barclays reiterated an "underweight" rating and set a $245.00 price objective (down from $253.00) on shares of Apple in a report on Friday, July 31st. KeyCorp reissued an "underweight" rating on shares of Apple in a research note on Friday, September 4th. CICC Research increased their price objective on Apple from $310.00 to $340.00 and gave the stock an "outperform" rating in a report on Tuesday, August 4th. Loop Capital set a $380.00 target price on shares of Apple in a research report on Friday, September 18th. Finally, Moffett Nathanson reaffirmed a "neutral" rating and issued a $304.00 price objective (up from $270.00) on shares of Apple in a research note on Tuesday, September 8th. One analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, fourteen have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Apple has an average rating of "Moderate Buy" and an average price target of $340.02.

Insider Activity

In other Apple news, insider Timothy Cook sold 191,753 shares of the business's stock in a transaction on Friday, October 2nd. The shares were sold at an average price of $332.96, for a total transaction of $63,846,078.88. Following the completion of the transaction, the insider owned 3,264,168 shares of the company's stock, valued at $1,086,837,377.28. The trade was a 5.55% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, SVP Deirdre O'brien sold 46,389 shares of the company's stock in a transaction dated Friday, October 2nd. The shares were sold at an average price of $333.42, for a total transaction of $15,467,020.38. Following the sale, the senior vice president owned 136,810 shares of the company's stock, valued at $45,615,190.20. This trade represents a 25.32% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders have sold 276,984 shares of company stock worth $92,116,025. 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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