Apple Inc. $AAPL Shares Newly Bought by Capital Square LLC

Key Points

• Capital Square LLC initiated a new Apple position of 13,324 shares valued at approximately $4.2 million in the second quarter, representing 1.8% of its portfolio and making Apple its seventh-largest holding.
• Several other institutions also established or expanded Apple positions, while institutional investors collectively own 67.73% of AAPL.
• Apple reported stronger-than-expected quarterly results, with revenue up 16.4% year over year, but its roughly $4.9 trillion valuation and concerns about AI execution and near-term product issues remain key investor risks.

Capital Square LLC bought a new position in Apple Inc. (NASDAQ:AAPL - Free Report) in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 13,324 shares of the iPhone maker's stock, valued at approximately $4,201,000. Apple comprises approximately 1.8% of Capital Square LLC's holdings, making the stock its 7th biggest holding.

A number of other institutional investors and hedge funds have also bought and sold shares of AAPL. Prospect Hill Management LLC bought a new stake in Apple in the second quarter valued at approximately $146,370,000. Focus Partners Advisor Solutions LLC bought a new stake in Apple during the 2nd quarter valued at $168,646,000. Wealthfront Advisers LLC purchased a new stake in Apple during the 2nd quarter valued at $482,388,000. Sterling Financial Planning Inc. bought a new stake in Apple in the 2nd quarter worth $4,666,000. Finally, Baron Silver Stevens Financial Advisors LLC grew its holdings in Apple by 65.6% in the 2nd quarter. Baron Silver Stevens Financial Advisors LLC now owns 66,717 shares of the iPhone maker's stock worth $19,305,000 after acquiring an additional 26,418 shares during the last quarter. 67.73% of the stock is currently owned by institutional investors.

Apple News Summary

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Strong iPhone 18 demand supports near-term revenue. Long customer lines in India and sustained interest in the iPhone 18 Pro and Pro Max suggest Apple’s premium pricing has not materially weakened demand in a key growth market. However, regional trends are mixed, with China remaining a concern. Inside India newsletter: Apple set to take a bigger bite of the world's second-largest smartphone market
• Positive Sentiment: New hardware and possible AI expansion provide growth catalysts. Apple’s iPhone Duo foldable, M6 Mac mini and M5 Ultra Mac Studio are being positioned as evidence that the company can still generate product excitement. Reports that Apple may develop its own AI server chips could also improve control over infrastructure costs and AI performance. Could John Ternus’ Product Strategy Reshape Apple’s Next Growth Phase?
• Positive Sentiment: Analyst support remains favorable. JPMorgan reaffirmed a “buy” rating, while Bank of America maintained its “buy” rating and set a $370 target, implying further upside from recent levels. Apple analyst ratings
• Neutral Sentiment: Apple renewed Qualcomm’s global patent license agreement. The deal, effective April 1, 2027, removes a potential licensing uncertainty but also highlights Apple’s continuing relationship with Qualcomm for modem-related technology. Qualcomm, Apple extend licensing agreement for chips
• Negative Sentiment: Valuation and AI execution are major investor concerns. Commentators argue that AAPL’s large gains and roughly $4.9 trillion market capitalization leave limited room for disappointment, particularly if Apple’s AI products fail to match Meta’s rapidly advancing AI agents and wearables. Apple stock could be 32% overpriced after fresh AI cost warnings
• Negative Sentiment: Near-term execution issues add pressure. Reports of an iPhone 18 Pro reboot problem requiring a software update, Fitness+ layoffs and an executive’s stock sale may reinforce concerns about product quality, cost control and insider confidence. Apple says software update to fix iPhone 18 Pro rebooting bug is coming next week

Apple Stock Performance

Shares of AAPL opened at $335.92 on Friday. 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 Inc. has a one year low of $243.42 and a one year high of $345.34. The company has a 50-day simple moving average of $321.41 and a two-hundred day simple moving average of $297.07. The firm has a market capitalization of $4.90 trillion, a PE ratio of 38.52, a price-to-earnings-growth ratio of 2.95 and a beta of 1.08.

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 firm had revenue of $109.42 billion for the quarter, compared to the consensus estimate of $109.04 billion. During the same quarter in the prior year, the business earned $1.57 EPS. The business's revenue for the quarter was up 16.4% on a year-over-year basis. On average, analysts anticipate that Apple Inc. will post 8.74 EPS for the current fiscal year.

Apple Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, August 13th. Investors of record on Monday, August 10th were given a dividend of $0.27 per share. The ex-dividend date was Monday, August 10th. This represents a $1.08 annualized dividend and a dividend yield of 0.3%. Apple's payout ratio is currently 12.39%.

Wall Street Analysts Forecast Growth

AAPL has been the subject of several recent analyst reports. Phillip Securities upped their price objective on shares of Apple from $290.00 to $300.00 and gave the company a "neutral" rating in a research note on Monday, September 14th. Barclays reissued an "underweight" rating and issued a $245.00 target price (down from $253.00) on shares of Apple in a research note on Friday, July 31st. JPMorgan Chase & Co. restated a "buy" rating on shares of Apple in a report on Monday. Raymond James Financial reaffirmed a "market perform" rating on shares of Apple in a research report on Friday, July 31st. Finally, Rothschild & Co Redburn set a $400.00 price objective on Apple and gave the stock a "buy" rating in a report on Monday, August 17th. One analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, thirteen have assigned a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $340.14.

Insider Activity at Apple

In other news, SVP Jennifer Newstead sold 2,399 shares of the company's stock in a transaction dated Tuesday, September 22nd. The shares were sold at an average price of $340.06, for a total value of $815,803.94. Following the sale, the senior vice president directly owned 44,391 shares of the company's stock, valued at $15,095,603.46. This represents a 5.13% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In the last quarter, insiders have sold 11,031 shares of company stock worth $3,535,759. Insiders own 0.06% of the company's stock.

About Apple

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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