6,185 Shares in Apple Inc. $AAPL Bought by Kinloch Capital LLC

Key Points

• Kinloch Capital bought 6,185 Apple shares worth approximately $1.79 million during the second quarter. Institutional investors own 67.73% of Apple’s outstanding stock.
• Apple’s stock is trading near its 52-week high, with a $4.98 trillion market capitalization and a consensus analyst rating of “Moderate Buy” based on an average price target of $340.14.
• Despite strong iPhone demand and recent earnings growth, Apple faces risks from rising component costs, elevated valuation, consumer-AI competition, and ongoing legal and product issues. An Apple senior vice president also sold 2,399 shares for about $815,804.

Kinloch Capital LLC bought a new stake in Apple Inc. (NASDAQ:AAPL - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 6,185 shares of the iPhone maker's stock, valued at approximately $1,790,000.

Other large investors also recently modified their holdings of the company. Royal Capital Wealth Management LLC acquired a new position in shares of Apple in the 2nd quarter valued at $5,492,000. University of Wisconsin Foundation acquired a new stake in Apple during the 2nd quarter worth $9,014,000. AFT Forsyth & Company Inc. acquired a new stake in Apple during the 2nd quarter worth $10,541,000. White Knight Strategic Wealth Advisors LLC purchased a new stake in Apple in the second quarter valued at $5,971,000. Finally, Legal & General Group Plc purchased a new stake in Apple in the second quarter valued at $30,443,242,000. 67.73% of the stock is owned by hedge funds and other institutional investors.

More Apple News

Here are the key news stories impacting Apple this week:

• Positive Sentiment: iPhone 18 demand remains encouraging. Long lines in India and strong interest in the iPhone 18 Pro and Pro Max suggest Apple’s premium pricing is holding up in an important growth market. Evercore ISI raised its price target to $380 from $365 while maintaining an outperform rating. Apple iPhone demand in India
• Positive Sentiment: Momentum and technical positioning remain supportive. AAPL has gained roughly 10% over the past month and is approaching a potential buy point, helping sustain investor interest. Bank of America and JPMorgan have reiterated bullish ratings, while several analysts maintain targets above the current trading range. Apple stock approaches buy point
• Neutral Sentiment: Apple is expanding its product ecosystem. The company plans a refreshed HomePod mini, while reports suggest it may develop its own AI server chips. These initiatives could support future ecosystem engagement and infrastructure efficiency, but they are not yet material earnings drivers. Apple to release new HomePod mini
• Negative Sentiment: Rising component costs could pressure margins. Bernstein warned that surging memory and other smartphone component costs may weigh on gross margins and earnings in the December quarter, particularly as Apple introduces more expensive iPhones. Apple’s expensive new iPhones and margins
• Negative Sentiment: Valuation and AI execution remain key risks. At nearly $5 trillion in market value and about 38–39 times earnings, Apple requires continued earnings growth to justify its valuation. Analysts argue Alphabet’s Gemini ecosystem and monetization progress currently give it an edge in consumer AI, while Meta’s AI devices add competitive pressure. Alphabet versus Apple in consumer AI
• Negative Sentiment: Legal and product issues add uncertainty. A judge certified a class of payment card issuers in an Apple Pay antitrust lawsuit alleging improper fees. Separately, Apple is preparing a software fix for an iPhone 18 Pro reboot problem. Apple Pay class-action lawsuit

Insider Transactions at Apple

In other Apple news, SVP Jennifer Newstead sold 2,399 shares of the stock in a transaction that occurred on Tuesday, September 22nd. The shares were sold at an average price of $340.06, for a total value of $815,803.94. Following the completion of the sale, the senior vice president owned 44,391 shares of the company's stock, valued at $15,095,603.46. This trade represents a 5.13% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In the last three months, insiders sold 11,031 shares of company stock valued at $3,535,759. 0.06% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on AAPL shares. DA Davidson reissued a "neutral" rating and issued a $270.00 target price on shares of Apple in a research report on Wednesday, September 2nd. Deutsche Bank Aktiengesellschaft downgraded shares of Apple from a "buy" rating to a "hold" rating in a report on Monday, August 17th. Robert W. Baird lifted their price target on Apple from $310.00 to $330.00 and gave the company an "outperform" rating in a research note on Friday, July 24th. DZ Bank downgraded Apple from a "buy" rating to a "hold" rating and set a $310.00 target price for the company. in a report on Tuesday, August 4th. Finally, Jefferies Financial Group restated an "underperform" rating on shares of Apple in a research report on Wednesday, September 9th. One analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, thirteen have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $340.14.

Apple Stock Performance

AAPL opened at $341.07 on Friday. Apple Inc. has a 1-year low of $243.42 and a 1-year high of $345.34. The stock has a market cap of $4.98 trillion, a P/E ratio of 39.11, a P/E/G ratio of 2.96 and a beta of 1.08. The stock's 50 day simple moving average is $321.56 and its 200 day simple moving average is $297.37. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.00 and a quick ratio of 0.93.

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 firm had revenue of $109.42 billion during the quarter, compared to analysts' expectations of $109.04 billion. During the same period in the previous year, the firm posted $1.57 earnings per share. Apple's revenue was up 16.4% on a year-over-year basis. As a group, equities analysts anticipate that Apple Inc. will post 8.74 EPS for the current fiscal year.

Apple Dividend Announcement

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

Apple 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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