Apple Inc. $AAPL Shares Newly Acquired by Caisse de depot et placement du Quebec

Key Points

• Caisse de dépôt et placement du Québec acquired 9.33 million Apple shares worth approximately $2.7 billion, making Apple its largest portfolio holding at about 3.8% of assets.
• Apple reported quarterly revenue of $109.42 billion and EPS of $2.02, exceeding analyst expectations, while revenue increased 16.4% year over year. The company also maintains a $0.27 quarterly dividend, yielding about 0.3%.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $340.14, though elevated valuation, rising component costs, AI competition and legal issues remain key risks.

Caisse de depot et placement du Quebec purchased a new position in Apple Inc. (NASDAQ:AAPL - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 9,333,869 shares of the iPhone maker's stock, valued at approximately $2,700,848,000. Apple accounts for approximately 3.8% of Caisse de depot et placement du Quebec's investment portfolio, making the stock its largest holding. Caisse de depot et placement du Quebec owned about 0.06% of Apple at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of AAPL. Sterling Wealth Management Inc. boosted its position in Apple by 0.3% during the 2nd quarter. Sterling Wealth Management Inc. now owns 11,579 shares of the iPhone maker's stock valued at $3,351,000 after acquiring an additional 30 shares in the last quarter. Evansbrook LLC lifted its stake in shares of Apple by 0.4% during the 1st quarter. Evansbrook LLC now owns 8,095 shares of the iPhone maker's stock worth $2,054,000 after purchasing an additional 34 shares during the last quarter. JMG Financial Group Ltd. boosted its position in Apple by 0.7% during the first quarter. JMG Financial Group Ltd. now owns 5,102 shares of the iPhone maker's stock valued at $1,295,000 after purchasing an additional 35 shares in the last quarter. Advocate Investing Services LLC grew its stake in Apple by 0.5% in the second quarter. Advocate Investing Services LLC now owns 7,847 shares of the iPhone maker's stock valued at $2,271,000 after purchasing an additional 39 shares during the last quarter. Finally, Interactive Financial Advisors Inc. raised its holdings in Apple by 4.0% in the fourth quarter. Interactive Financial Advisors Inc. now owns 1,051 shares of the iPhone maker's stock worth $286,000 after purchasing an additional 40 shares in the last quarter. 67.73% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, SVP Jennifer Newstead sold 2,399 shares of Apple stock in a transaction dated Tuesday, September 22nd. The stock was sold at an average price of $340.06, for a total transaction 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. The trade was a 5.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders sold 11,031 shares of company stock valued at $3,535,759 in the last three months. Company insiders own 0.06% of the company's stock.

Apple Stock Performance

NASDAQ:AAPL opened at $341.07 on Monday. The company has a market capitalization of $4.98 trillion, a P/E ratio of 39.11, a PEG ratio of 2.96 and a beta of 1.08. 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 $243.42 and a 12 month high of $345.34. The firm has a fifty day simple moving average of $321.56 and a 200-day simple moving average of $297.64.

Apple (NASDAQ:AAPL - Get Free Report) last released its earnings results on Thursday, July 30th. The iPhone maker reported $2.02 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to the consensus estimate of $109.04 billion. During the same period in the prior year, the firm earned $1.57 EPS. The firm's revenue was up 16.4% on a year-over-year basis. On average, equities research analysts anticipate that Apple Inc. will post 8.74 earnings per share for the current year.

Apple Announces Dividend

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

Wall Street Analysts Forecast Growth

AAPL has been the subject of several analyst reports. Rosenblatt Securities reissued a "neutral" rating and set a $303.00 price target on shares of Apple in a research report on Thursday, September 10th. TD Cowen reissued a "buy" rating and set a $400.00 target price on shares of Apple in a research report on Thursday, September 10th. China Renaissance lowered shares of Apple from a "buy" rating to a "hold" rating and cut their price target for the stock from $329.00 to $280.00 in a report on Tuesday, August 4th. HSBC reiterated a "buy" rating and set a $366.00 price objective on shares of Apple in a report on Tuesday, September 8th. Finally, Sanford C. Bernstein reaffirmed an "outperform" rating on shares of Apple in a research report on Friday. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, thirteen have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $340.14.

Key Stories Impacting Apple

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

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.

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