55 North Private Wealth LLC boosted its position in shares of Apple Inc. (NASDAQ:AAPL - Free Report) by 21.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,148 shares of the iPhone maker's stock after purchasing an additional 4,706 shares during the period. Apple comprises 1.5% of 55 North Private Wealth LLC's holdings, making the stock its 12th largest position. 55 North Private Wealth LLC's holdings in Apple were worth $7,566,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors have also recently modified their holdings of AAPL. Lifetime Wealth Management P.C. acquired a new stake in Apple in the 4th quarter valued at $41,000. ROSS JOHNSON & Associates LLC increased its position in shares of Apple by 1,800.0% in the first quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker's stock valued at $42,000 after acquiring an additional 180 shares during the last quarter. LSV Asset Management bought a new stake in Apple during the fourth quarter worth about $65,000. Timmons Wealth Management LLC acquired a new position in Apple during the fourth quarter valued at approximately $69,000. Finally, Inspire Investing LLC acquired a new position in Apple during the fourth quarter valued at approximately $76,000. Institutional investors and hedge funds own 67.73% of the company's stock.
Apple Stock Performance
Shares of NASDAQ AAPL opened at $311.30 on Friday. 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 Inc. has a 12 month low of $223.78 and a 12 month high of $344.57. The stock has a 50 day moving average of $310.26 and a 200-day moving average of $286.89. The company has a market capitalization of $4.54 trillion, a P/E ratio of 35.70, a P/E/G ratio of 2.71 and a beta of 1.09.
Apple (NASDAQ:AAPL - Get Free Report) last posted its earnings results on Thursday, July 30th. The iPhone maker reported $2.02 earnings per share 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 for the quarter, compared to analyst estimates of $109.04 billion. During the same period in the previous year, the firm earned $1.57 EPS. The firm's revenue was up 16.4% compared to the same quarter last year. As a group, equities research analysts predict that Apple Inc. will post 8.76 EPS for the current year.
Apple Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, August 13th. Investors 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 yield of 0.3%. Apple's dividend payout ratio is 12.39%.
Key Apple News
Here are the key news stories impacting Apple this week:
- Positive Sentiment: Apple is increasingly viewed as a defensive Big Tech holding because it relies less on massive AI infrastructure spending than peers. Analysts also describe the company as an underappreciated AI beneficiary, supporting demand for the stock during technology-sector volatility. Apple Holds Firm as Investors Seek Big Tech's Defensive Outlier
- Positive Sentiment: Upcoming product catalysts—including a potential foldable iPhone, camera-equipped AI AirPods targeted for 2027, new Apple silicon and expanded Siri AI capabilities—could support a stronger product cycle. One analyst estimates foldable iPhone sales could reach 14 million units by 2027. Apple’s Foldable iPhone Opportunity
- Positive Sentiment: Bank of America reiterated a Buy rating ahead of incoming CEO John Ternus’s September 1 transition, while Redburn upgraded Apple. The bullish case centers on renewed innovation and stronger AI investment under new leadership. Apple Must Relearn How to Surprise Under New CEO Ternus
- Positive Sentiment: Apple and Samsung are gaining share in India as higher chip costs pressure lower-priced Chinese smartphone competitors, potentially improving Apple’s premium-market opportunity. Chip Squeeze Hits Chinese Smartphones in India
- Neutral Sentiment: Senior Vice President Jennifer Newstead sold 1,439 shares for approximately $442,000, reducing her holdings by 3.59%. The transaction was disclosed in an SEC filing but is relatively small compared with her remaining stake.
- Negative Sentiment: Investors remain concerned that Apple has become predictable and dependent on incremental improvements. The CEO transition creates execution risk, with Ternus expected to decide whether to materially increase spending to compete in AI. Apple Has Gotten Too Predictable
- Negative Sentiment: Reports that App Store commission revenue declined 18%, alongside continuing legal and regulatory challenges, raise questions about the durability of Apple’s high-margin Services growth. Apple’s App Store Commission Revenue Reportedly Drops
Insider Activity
In other news, SVP Jennifer Newstead sold 1,439 shares of the business's stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $307.49, for a total transaction of $442,478.11. Following the completion of the sale, the senior vice president owned 38,668 shares in the company, valued at $11,890,023.32. The trade was a 3.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Ben Borders sold 116 shares of the company's stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $295.14, for a total value of $34,236.24. Following the completion of the transaction, the insider directly owned 38,713 shares in the company, valued at $11,425,754.82. The trade was a 0.30% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders sold 2,994 shares of company stock worth $919,567. Insiders own 0.06% of the company's stock.
Wall Street Analysts Forecast Growth
Several research analysts have weighed in on the company. Oppenheimer reaffirmed a "market perform" rating on shares of Apple in a research report on Friday, July 31st. Deutsche Bank Aktiengesellschaft downgraded Apple from a "buy" rating to a "hold" rating in a report on Monday. Maxim Group reissued a "buy" rating and issued a $350.00 target price (up from $310.00) on shares of Apple in a research note on Tuesday, June 9th. Royal Bank Of Canada set a $365.00 target price on shares of Apple in a report on Wednesday, July 15th. Finally, DA Davidson reaffirmed a "neutral" rating and set a $270.00 price target on shares of Apple in a research report on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, twelve have issued a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat, Apple currently has an average rating of "Moderate Buy" and a consensus price target of $330.53.
Get Our Latest Research Report on AAPL
About Apple
(
Free Report)
Apple Inc NASDAQ: AAPL is a multinational technology company headquartered in Cupertino, California, founded in 1976 by Steve Jobs, Steve Wozniak and Ronald Wayne. The company designs, develops and sells consumer electronics, software and services. Over its history Apple has evolved from personal computers to a broad portfolio that spans mobile devices, wearables, home entertainment and digital services.
Apple's principal hardware products include the iPhone smartphone, iPad tablet, Mac personal computers, Apple Watch wearable devices and a range of accessories such as AirPods and HomePod.
Featured Articles
Want to see what other hedge funds are holding AAPL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Apple Inc. (NASDAQ:AAPL - Free Report).
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.
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Before you consider Apple, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Apple wasn't on the list.
While Apple currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we’ll send you MarketBeat’s list of ten stocks set to soar in Summer 2026, despite the threat of tariffs and what's happening in Iran. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
