470,182 Shares in Apple Inc. $AAPL Bought by Silvant Capital Management LLC

Key Points

• Silvant Capital Management acquired 470,182 Apple shares during the second quarter, valued at approximately $136.1 million, making Apple its sixth-largest portfolio holding at about 4%.
• Several other institutional investors also initiated Apple positions, and institutions and hedge funds collectively own 67.73% of the company’s outstanding shares.
• Apple recently exceeded quarterly earnings and revenue expectations, reporting $2.02 in EPS and $109.42 billion in revenue, while analysts maintain a consensus “Moderate Buy” rating with a $340.14 price target.

Silvant Capital Management LLC bought a new position in shares of Apple Inc. (NASDAQ:AAPL - Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund bought 470,182 shares of the iPhone maker's stock, valued at approximately $136,052,000. Apple makes up about 4.0% of Silvant Capital Management LLC's investment portfolio, making the stock its 6th largest position.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. LaSalle St. Investment Advisors LLC acquired a new stake in shares of Apple during the 2nd quarter valued at approximately $22,335,000. Ceredex Value Advisors LLC acquired a new stake in shares of Apple in the 2nd quarter worth approximately $62,302,000. Mystic Asset Management Inc. purchased a new position in Apple in the 2nd quarter valued at approximately $29,133,000. Advisors Preferred LLC acquired a new position in Apple during the second quarter worth $9,807,000. Finally, KilterHowling LLC purchased a new stake in Apple during the second quarter worth $6,152,000. 67.73% of the stock is owned by institutional investors and hedge funds.

Apple Stock Performance

NASDAQ:AAPL opened at $338.98 on Tuesday. 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 company has a market cap of $4.95 trillion, a P/E ratio of 38.87, a P/E/G ratio of 2.92 and a beta of 1.08. Apple Inc. has a fifty-two week low of $243.42 and a fifty-two week high of $344.57. The firm's 50 day moving average is $320.67 and its two-hundred day moving average is $295.43.

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, topping analysts' consensus estimates 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 prior year, the firm posted $1.57 EPS. The business's revenue for the quarter was up 16.4% on a year-over-year basis. Analysts expect that Apple Inc. will post 8.74 EPS for the current year.

Apple Dividend Announcement

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

Insider Buying and Selling at Apple

In other news, SVP Jennifer Newstead sold 1,439 shares of Apple stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $317.01, for a total value of $456,177.39. Following the transaction, the senior vice president directly owned 35,790 shares of the company's stock, valued at $11,345,787.90. The trade was a 3.87% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Over the last quarter, insiders sold 8,632 shares of company stock valued at $2,719,955. Insiders own 0.06% of the company's stock.

Apple News Summary

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Strong iPhone 18 Pro demand: JPMorgan said average delivery times increased to 23 days in the second preorder week from seven days in the first, suggesting demand may be stronger than expected. Analyst Gene Munster said current iPhone 18 estimates could be too conservative, while Evercore ISI raised its price target to $380. JPMorgan sees stronger iPhone 18 Pro demand
• Positive Sentiment: Foldable iPhone creates a potential premium-growth opportunity: Apple’s new iPhone Duo, priced at $1,999 and scheduled for an October 23 release, represents the company’s largest iPhone design change in years. Investors view the product as a possible catalyst for higher average selling prices and a new upgrade cycle under CEO John Ternus. Apple’s new CEO bets big on a foldable iPhone
• Positive Sentiment: AI and capital returns support the bullish case: Coverage highlighted the successful rollout of upgraded Siri AI, Apple’s reported interest in building AI inference servers, and its shrinking share count from buybacks. Apple’s large cash position, history of earnings beats and long-term shareholder returns are also reinforcing investor confidence. Apple’s shrinking share count
• Neutral Sentiment: Broader strategic opportunities: Apple and Google are hiring digital-asset specialists, potentially signaling future initiatives involving payments, stablecoins or tokenization. The company could also benefit if U.S.-China trade discussions reduce tariff pressure on technology companies. Google and Apple digital-asset hiring
• Negative Sentiment: Valuation and execution risks are rising: Commentators described AAPL as relatively expensive near its highs, while the $1,999 Duo could limit adoption and expose Apple to foldable-screen execution risks. Google’s AI-powered laptops and Meta’s Muse app also highlight intensifying competition in AI and consumer technology.
• Negative Sentiment: Legal overhang: Apple has begun a 90-day claims period tied to a $250 million settlement over allegations that it falsely advertised Apple Intelligence and Siri capabilities. The financial cost is manageable for Apple, but the dispute could weigh on trust in its AI strategy. $250 million Apple AI settlement claims period

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on AAPL. DA Davidson reaffirmed a "neutral" rating and set a $270.00 price target on shares of Apple in a research note on Wednesday, September 2nd. JPMorgan Chase & Co. restated a "buy" rating on shares of Apple in a report on Sunday, September 13th. Robert W. Baird lifted their target price on shares of Apple from $310.00 to $330.00 and gave the stock an "outperform" rating in a research report on Friday, July 24th. Wedbush reissued an "outperform" rating and set a $400.00 price objective on shares of Apple in a research note on Friday, June 5th. Finally, Morgan Stanley restated an "overweight" rating and set a $360.00 price objective on shares of Apple in a research report on Wednesday, September 2nd. One research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, thirteen have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Apple currently has a consensus rating of "Moderate Buy" and a consensus price target of $340.14.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.