Apple Inc. $AAPL Holdings Increased by Kwmg LLC

Key Points

• Kwmg LLC increased its Apple stake by 8.2% in the third quarter, purchasing 1,875 additional shares and bringing its holdings to 24,671 shares valued at approximately $8.14 million.
• Institutional investors own 67.73% of Apple, with major holders including State Street, Berkshire Hathaway, Bank of America, Legal & General, and Amundi expanding or initiating positions.
• Apple reported quarterly earnings and revenue above analyst expectations, while its stock traded near its 12-month high at $342.00. Analysts maintain a “Moderate Buy” consensus with a $340.39 average price target, though concerns remain about AI investment, valuation, and potential iPhone demand weakness.

Kwmg LLC increased its position in Apple Inc. (NASDAQ:AAPL - Free Report) by 8.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 24,671 shares of the iPhone maker's stock after buying an additional 1,875 shares during the quarter. Kwmg LLC's holdings in Apple were worth $8,136,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the business. State Street Corp raised its position in Apple by 4.7% during the 2nd quarter. State Street Corp now owns 630,662,494 shares of the iPhone maker's stock worth $182,897,769,000 after purchasing an additional 28,321,085 shares during the last quarter. Berkshire Hathaway Inc acquired a new position in Apple during the 2nd quarter worth about $65,950,297,000. Bank of America Corp DE bought a new stake in shares of Apple in the 2nd quarter valued at about $36,986,090,000. Legal & General Group Plc bought a new stake in shares of Apple in the 2nd quarter valued at about $30,443,242,000. Finally, Amundi grew its position in shares of Apple by 23.2% in the 1st quarter. Amundi now owns 73,082,616 shares of the iPhone maker's stock valued at $18,547,637,000 after buying an additional 13,780,080 shares during the last quarter. Institutional investors own 67.73% of the company's stock.

Apple Price Performance

AAPL stock opened at $342.00 on Friday. 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 firm has a market cap of $4.99 trillion, a price-to-earnings ratio of 39.22, a PEG ratio of 2.73 and a beta of 1.07. The company's fifty day simple moving average is $325.23 and its 200 day simple moving average is $305.90. Apple Inc. has a 12-month low of $243.42 and a 12-month high of $348.15.

Apple (NASDAQ:AAPL - Get Free Report) last issued its quarterly 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 firm had revenue of $109.42 billion during the quarter, compared to the consensus estimate of $109.04 billion. During the same period last year, the business posted $1.57 EPS. The business's revenue was up 16.4% compared to the same quarter last year. On average, analysts expect that Apple Inc. will post 8.75 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 issued a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Monday, August 10th. Apple's payout ratio is presently 12.39%.

Apple News Summary

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple and Meta Platforms are collaborating to let developers run Meta’s large Muse AI model locally on high-end Mac computers. The partnership could strengthen the Mac’s appeal for AI workloads while reducing reliance on cloud computing. Apple and Meta team up to make Muse AI model run on Mac computers
• Positive Sentiment: Apple’s first foldable iPhone, the 7.6-inch iPhone Duo, begins preorders Friday. A successful launch could open a new premium product category and support revenue growth, although its high price makes demand uncertain. iPhone Duo preorders begin Friday
• Positive Sentiment: Apple recently closed above a $5 trillion market capitalization, reinforcing investor confidence and highlighting the stock’s recent momentum. Reports also indicate Apple Intelligence may finally launch in mainland China in December, expanding the potential user base. Apple tops $5 trillion valuation
• Neutral Sentiment: The China AI rollout is reportedly limited and may exclude the upgraded Siri and Genmoji features, making the launch strategically important but less compelling than a full-featured release. Apple Intelligence in China
• Negative Sentiment: Analysts and commentators remain concerned that Apple is spending less on AI than rivals and could fall behind in advanced assistants, while the stock’s elevated valuation leaves less room for execution disappointments. Reported iPhone 18 Pro component-order reductions add to demand concerns. Apple reportedly cuts iPhone 18 orders
• Negative Sentiment: Apple is challenging a $5.7 billion damages ruling in a patent case, while OpenAI alleges that a former employee who joined Apple took confidential information about an unreleased device. Both matters create potential financial and reputational risk. Apple challenges Taction damages ruling
• Negative Sentiment: Senior Vice President Jennifer Newstead sold 2,399 Apple shares for approximately $828,000. The transaction is relatively small compared with Apple’s market value, but insider selling can add modest short-term pressure.

Analyst Ratings Changes

AAPL has been the subject of several recent research reports. DA Davidson reissued a "neutral" rating and issued a $270.00 price target on shares of Apple in a research note on Wednesday, September 2nd. Oppenheimer reaffirmed a "market perform" rating on shares of Apple in a research note on Thursday, September 10th. Daiwa Securities Group lifted their price objective on Apple from $325.00 to $335.00 and gave the stock an "outperform" rating in a research note on Tuesday, August 11th. Rothschild & Co Redburn set a $400.00 target price on Apple and gave the company a "buy" rating in a report on Monday, August 17th. Finally, Robert W. Baird increased their target price on shares of Apple from $310.00 to $330.00 and gave the company an "outperform" rating in a research report on Friday, July 24th. One investment 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, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $340.39.

Insider Activity at Apple

In related news, SVP Deirdre O'brien sold 46,389 shares of the business's stock in a transaction on 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 transaction, the senior vice president owned 136,810 shares in the company, valued at $45,615,190.20. The trade was a 25.32% 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, CEO John Ternus sold 25,412 shares of the company's stock in a transaction dated Friday, October 2nd. The shares were sold at an average price of $332.94, for a total transaction of $8,460,671.28. Following the transaction, the chief executive officer owned 59,567 shares in the company, valued at $19,832,236.98. This represents a 29.90% decrease in their position. 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 90 days, insiders have sold 281,782 shares of company stock worth $93,740,172. 0.06% of the stock is owned by insiders.

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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