Apple Inc. $AAPL Shares Purchased by Commerzbank Aktiengesellschaft FI

Key Points

• Commerzbank Aktiengesellschaft FI increased its Apple stake by 1.4% in the first quarter, adding 14,094 shares to reach 1,043,898 shares valued at approximately $264.9 million. Apple now represents 5.5% of the firm’s portfolio and is its third-largest holding.
• Institutional investors and hedge funds own 67.73% of Apple’s shares, with Vanguard, State Street, Geode Capital and Morgan Stanley among the largest holders; Norges Bank also established a new position.
• Apple reported strong quarterly results, including $109.42 billion in revenue and $2.02 in EPS, but analysts remain divided over its premium valuation, slowing Services growth, AI execution and rising component costs. MarketBeat’s consensus rating is “Moderate Buy,” with an average price target of $330.44.

Commerzbank Aktiengesellschaft FI increased its stake in shares of Apple Inc. (NASDAQ:AAPL - Free Report) by 1.4% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,043,898 shares of the iPhone maker's stock after buying an additional 14,094 shares during the period. Apple comprises 5.5% of Commerzbank Aktiengesellschaft FI's portfolio, making the stock its 3rd largest holding. Commerzbank Aktiengesellschaft FI's holdings in Apple were worth $264,931,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in Apple by 1.9% during the fourth quarter. Vanguard Group Inc. now owns 1,426,283,914 shares of the iPhone maker's stock worth $387,749,545,000 after purchasing an additional 26,856,752 shares in the last quarter. State Street Corp increased its position in shares of Apple by 1.1% in the fourth quarter. State Street Corp now owns 604,056,505 shares of the iPhone maker's stock valued at $164,218,801,000 after buying an additional 6,555,392 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Apple by 0.5% in the fourth quarter. Geode Capital Management LLC now owns 358,032,517 shares of the iPhone maker's stock valued at $97,031,587,000 after buying an additional 1,866,103 shares in the last quarter. Morgan Stanley raised its stake in shares of Apple by 0.6% during the 4th quarter. Morgan Stanley now owns 230,483,035 shares of the iPhone maker's stock worth $62,659,118,000 after buying an additional 1,379,651 shares during the last quarter. Finally, Norges Bank acquired a new position in shares of Apple during the 4th quarter worth $52,266,468,000. 67.73% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Apple

In related news, insider Ben Borders sold 116 shares of the firm'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 transaction of $34,236.24. Following the sale, the insider owned 38,713 shares in the company, valued at approximately $11,425,754.82. This trade represents a 0.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Company insiders own 0.06% of the company's stock.

Apple News Summary

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Strong iPhone demand supports the recovery. Apple’s fiscal third-quarter revenue reached a June-quarter record of $109.4 billion, while external data indicate quarterly iPhone sales were stronger than headline disclosures suggested. India sales reportedly exceeded $10 billion, highlighting potential for further geographic growth. Apple’s Quarterly iPhone Sales Were Even Better Than They Seem
• Positive Sentiment: Some analysts and commentators view the selloff as excessive. Bullish coverage points to Apple’s ecosystem, balance sheet, recurring services revenue and long-term ability to benefit from artificial intelligence, while CNBC commentators recommended remaining long AAPL. Apple’s Selloff Is Overdone
• Neutral Sentiment: Apple is preparing for a leadership transition. Tim Cook’s final quarter as CEO was a record June quarter, but John Ternus now inherits questions about AI execution, product innovation and growth. September product rumors, including a possible foldable iPhone, could provide a future catalyst but remain unconfirmed. Tim Cook’s Last Quarter as CEO Was Apple’s Best June Quarter Ever
• Neutral Sentiment: Apple’s legal battle with OpenAI is escalating. Apple is seeking an injunction over alleged trade-secret misuse, while OpenAI has publicly challenged Apple’s claims. The dispute may protect Apple’s technology but also introduces legal and strategic uncertainty around AI hardware plans. Apple Seeks Preliminary Injunction Against OpenAI
• Negative Sentiment: Cost pressures and cautious guidance remain the main overhangs. Reports say memory prices are expected to rise, potentially compressing margins and increasing iPhone costs. Analysts including DZ Bank, China Renaissance and Phillip Securities downgraded AAPL, citing persistent component inflation, slower Services growth and an unclear AI payoff. AAPL Downgrades as Wall Street Sees Memory Inflation Pressures Persisting
• Negative Sentiment: Valuation leaves little room for disappointment. Despite an earnings beat, AAPL trades at a premium multiple, while Services growth slowed and guidance raised concerns that near-term earnings may not justify the valuation. Google’s expected Pixel Tag could also create incremental competition for AirTag, though the financial impact is likely limited. Apple: A Price That Leaves Nothing for the Buyer

Apple Stock Up 0.5%

AAPL opened at $311.00 on Thursday. The firm has a market cap of $4.54 trillion, a P/E ratio of 35.67, a PEG ratio of 2.66 and a beta of 1.09. The business's fifty day simple moving average is $309.43 and its 200 day simple moving average is $282.62. Apple Inc. has a 52 week low of $205.59 and a 52 week high of $344.57. The company has a quick ratio of 0.93, a current ratio of 1.00 and a debt-to-equity ratio of 0.66.

Apple (NASDAQ:AAPL - Get Free Report) last announced its earnings results on Thursday, July 30th. The iPhone maker reported $2.02 earnings per share for the quarter, beating the consensus estimate of $1.89 by $0.13. The firm had revenue of $109.42 billion during the quarter, compared to the consensus estimate of $109.04 billion. Apple had a net margin of 27.62% and a return on equity of 135.46%. The firm's revenue for the quarter was up 16.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.57 EPS. As a group, equities research analysts anticipate that Apple Inc. will post 8.74 EPS for the current fiscal year.

Apple Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 13th. Investors of record on Monday, August 10th will be paid a dividend of $0.27 per share. The ex-dividend date of this dividend is 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%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. Needham & Company LLC reissued a "hold" rating on shares of Apple in a research note on Friday, July 31st. TD Cowen lifted their target price on shares of Apple from $350.00 to $400.00 and gave the stock a "buy" rating in a research report on Friday, July 31st. Morgan Stanley reduced their price target on shares of Apple from $364.00 to $360.00 and set an "overweight" rating on the stock in a report on Friday, July 31st. UBS Group reiterated a "neutral" rating on shares of Apple in a research report on Friday, July 31st. Finally, Royal Bank Of Canada set a $365.00 price objective on shares of Apple in a research note on Wednesday, July 15th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $330.44.

About Apple

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.

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.

Add As Preferred Source