Apple Inc. $AAPL Stake Lowered by Boxwood Ventures Inc.

Key Points

• Boxwood Ventures cut its Apple stake by 5.1% in Q3, selling 2,022 shares to hold 37,745 shares worth about $9.61 million, making Apple roughly 10.7% of its portfolio and its fourth-largest position.
• Apple topped quarterly expectations (EPS $2.84 vs. $2.67; revenue $143.76B vs. $138.25B), has a $3.67 trillion market cap, pays a $0.26 quarterly dividend, and carries a consensus analyst rating of "Moderate Buy" with an average target of $297.58.
• Near-term outlook is mixed: new lower-cost devices could expand market share, but a recent cut to China App Store commissions and macro/supply‑chain risks may weigh on Services revenue and margins.

Boxwood Ventures Inc. cut its holdings in Apple Inc. (NASDAQ:AAPL - Free Report) by 5.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 37,745 shares of the iPhone maker's stock after selling 2,022 shares during the quarter. Apple makes up about 10.7% of Boxwood Ventures Inc.'s investment portfolio, making the stock its 4th largest position. Boxwood Ventures Inc.'s holdings in Apple were worth $9,611,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Financial Futures Ltd Liability Co. grew its stake in Apple by 13.2% in the second quarter. Financial Futures Ltd Liability Co. now owns 3,552 shares of the iPhone maker's stock valued at $729,000 after purchasing an additional 415 shares during the last quarter. Monarch Capital Management Inc. lifted its position in shares of Apple by 4.6% during the second quarter. Monarch Capital Management Inc. now owns 66,967 shares of the iPhone maker's stock valued at $13,740,000 after buying an additional 2,920 shares during the last quarter. Riverwater Partners LLC lifted its position in shares of Apple by 17.9% during the second quarter. Riverwater Partners LLC now owns 5,404 shares of the iPhone maker's stock valued at $1,109,000 after buying an additional 819 shares during the last quarter. Highland Capital Management LLC boosted its holdings in shares of Apple by 2.2% in the 3rd quarter. Highland Capital Management LLC now owns 397,834 shares of the iPhone maker's stock valued at $101,301,000 after buying an additional 8,446 shares in the last quarter. Finally, Citizens Financial Group Inc. RI boosted its holdings in shares of Apple by 48.4% in the 3rd quarter. Citizens Financial Group Inc. RI now owns 1,426,605 shares of the iPhone maker's stock valued at $363,256,000 after buying an additional 465,393 shares in the last quarter. 67.73% of the stock is currently owned by institutional investors.

Apple News Roundup

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple’s new low-cost devices (MacBook Neo, iPhone 17e) broaden addressable market and could win share versus cheaper Windows/Chromebooks — a strategic growth lever even if it pressures near-term margins. How Apple's new low-cost MacBook Neo may shake up the market
• Positive Sentiment: Early Formula 1 ratings for AppleTV’s exclusive U.S. stream were strong, supporting the thesis that exclusive sports/content deals can grow Services subscriptions and engagement over time. Apple Gets Early Formula 1 Ratings Win
• Positive Sentiment: India’s plan to roll fresh smartphone manufacturing incentives could help Apple expand local production and improve margin/market access over the medium term. India plans fresh incentives for phone production
• Neutral Sentiment: Analyst views are mixed: a few firms raised targets or reiterated buys while others stay cautious/neutral; median price targets remain above the market, keeping a longer-term bullish backdrop but no unanimous near-term catalyst. Apple Stock Opinions on Tech Sector Pullback
• Negative Sentiment: Apple cut its mainland China App Store commission to 25% (and mini-app fees to 12%) after regulator talks — good for developer relations but a direct hit to Services take-rate and near-term revenue in its second‑largest market. Apple cuts China App Store commission fees after government pressure
• Negative Sentiment: Strong insider selling and social/board chatter about a tech pullback and China demand risks are weighing on sentiment — traders are highlighting technical weakness and short-term bearish views. Apple Stock Opinions on Tech Sector Pullback
• Negative Sentiment: Macro and supply‑chain risks (memory/storage cost inflation and geopolitical disruption tied to the Iran war) could raise component costs and compress device margins if Apple absorbs price moves to hold consumer prices. The Iran War Could Upend AI. Here’s How.

Wall Street Analyst Weigh In

AAPL has been the subject of several recent analyst reports. Monness Crespi & Hardt boosted their price objective on shares of Apple from $300.00 to $315.00 and gave the stock a "buy" rating in a research note on Friday, January 30th. Maxim Group upgraded shares of Apple from a "hold" rating to a "buy" rating and set a $300.00 target price for the company in a research note on Friday, January 30th. Stifel Nicolaus set a $330.00 price target on shares of Apple in a report on Monday, March 2nd. Morgan Stanley reaffirmed an "overweight" rating and set a $315.00 price target (up from $305.00) on shares of Apple in a research report on Wednesday, December 17th. Finally, Jefferies Financial Group set a $330.00 price objective on Apple in a report on Wednesday, March 4th. One analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $297.58.

Apple Stock Down 2.2%

Apple stock opened at $250.12 on Monday. The business's 50-day simple moving average is $262.08 and its two-hundred day simple moving average is $261.74. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.94 and a current ratio of 0.97. The company has a market cap of $3.67 trillion, a PE ratio of 31.62, a PEG ratio of 2.23 and a beta of 1.10. Apple Inc. has a fifty-two week low of $169.21 and a fifty-two week high of $288.62.

Apple (NASDAQ:AAPL - Get Free Report) last announced its quarterly earnings data on Thursday, January 29th. The iPhone maker reported $2.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.67 by $0.17. Apple had a return on equity of 159.94% and a net margin of 27.04%.The firm had revenue of $143.76 billion during the quarter, compared to analysts' expectations of $138.25 billion. During the same period last year, the business posted $2.40 earnings per share. The company's revenue for the quarter was up 15.7% compared to the same quarter last year. Equities analysts anticipate that Apple Inc. will post 7.28 EPS for the current year.

Apple Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 12th. Stockholders of record on Monday, February 9th were paid a $0.26 dividend. The ex-dividend date was Monday, February 9th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.4%. Apple's dividend payout ratio is presently 13.15%.

Apple Company Profile

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.

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