Apple Inc. $AAPL Stake Reduced by Meiji Yasuda Life Insurance Co

Key Points

• Meiji Yasuda Life Insurance Co. reduced its Apple stake by 6.9% in the second quarter, selling 9,064 shares and retaining 122,367 shares valued at approximately $35.4 million.
• Other institutional investors largely increased their Apple holdings, with institutional ownership reaching 67.73% of the company’s stock.
• Apple reported quarterly earnings of $2.02 per share and revenue of $109.42 billion, surpassing analyst expectations. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $340.02.

Meiji Yasuda Life Insurance Co lowered its holdings in Apple Inc. (NASDAQ:AAPL - Free Report) by 6.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 122,367 shares of the iPhone maker's stock after selling 9,064 shares during the quarter. Apple accounts for 1.2% of Meiji Yasuda Life Insurance Co's holdings, making the stock its 5th biggest position. Meiji Yasuda Life Insurance Co's holdings in Apple were worth $35,408,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Thornburg Investment Management Inc. lifted its position in shares of Apple by 6,171.1% during the 2nd quarter. Thornburg Investment Management Inc. now owns 83,343 shares of the iPhone maker's stock valued at $24,116,000 after buying an additional 82,014 shares in the last quarter. Spinnaker Trust increased its holdings in Apple by 2.3% in the 2nd quarter. Spinnaker Trust now owns 228,303 shares of the iPhone maker's stock worth $66,062,000 after acquiring an additional 5,123 shares in the last quarter. Capital Advisors Inc. OK increased its holdings in Apple by 0.4% in the 2nd quarter. Capital Advisors Inc. OK now owns 882,325 shares of the iPhone maker's stock worth $255,310,000 after acquiring an additional 3,851 shares in the last quarter. Trustmark Bank Trust Department raised its position in Apple by 3.6% during the second quarter. Trustmark Bank Trust Department now owns 107,001 shares of the iPhone maker's stock worth $30,962,000 after acquiring an additional 3,735 shares during the period. Finally, New Mexico Educational Retirement Board lifted its holdings in Apple by 7.4% during the second quarter. New Mexico Educational Retirement Board now owns 730,545 shares of the iPhone maker's stock valued at $211,391,000 after purchasing an additional 50,181 shares in the last quarter. Hedge funds and other institutional investors own 67.73% of the company's stock.

Apple Stock Performance

Shares of Apple stock opened at $330.32 on Friday. Apple Inc. has a 52 week low of $243.42 and a 52 week high of $345.34. The business's fifty day simple moving average is $322.14 and its 200-day simple moving average is $299.78. The firm has a market cap of $4.82 trillion, a PE ratio of 37.88, a price-to-earnings-growth ratio of 2.89 and a beta of 1.07. 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 posted its quarterly earnings data 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 net margin of 27.62% and a return on equity of 135.46%. The firm had revenue of $109.42 billion during the quarter, compared to analysts' expectations of $109.04 billion. During the same quarter last year, the company posted $1.57 EPS. The firm's quarterly revenue was up 16.4% on a year-over-year basis. Equities analysts forecast that Apple Inc. will post 8.74 earnings per share for the current year.

Apple Dividend Announcement

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

Insider Transactions at Apple

In other news, SVP Jennifer Newstead sold 2,399 shares of Apple stock in a transaction dated Tuesday, September 29th. The stock was sold at an average price of $336.18, for a total value of $806,495.82. Following the completion of the transaction, the senior vice president owned 41,992 shares in the company, valued at approximately $14,116,870.56. This trade represents a 5.40% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Over the last quarter, insiders sold 13,430 shares of company stock valued at $4,342,255. 0.06% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on AAPL. China Renaissance lowered shares of Apple from a "buy" rating to a "hold" rating and decreased their price target for the company from $329.00 to $280.00 in a research note on Tuesday, August 4th. Phillip Securities increased their price objective on Apple from $290.00 to $300.00 and gave the company a "neutral" rating in a research note on Monday, September 14th. KGI Securities lowered Apple from an "outperform" rating to a "hold" rating and set a $315.00 price objective on the stock. in a report on Monday, June 22nd. Loop Capital set a $380.00 price target on shares of Apple in a research report on Friday, September 18th. Finally, Deutsche Bank Aktiengesellschaft cut shares of Apple from a "buy" rating to a "hold" rating in a research note on Monday, August 17th. One 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 assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $340.02.

More Apple News

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple’s new fall product cycle is supporting revenue expectations. Morgan Stanley modestly raised its revenue forecast following the product launches, while Counterpoint expects approximately 6 million units of Apple’s $1,999 iPhone Duo foldable to be sold this year. Strong early iPhone 18 Pro demand in China—up 12% year over year during launch week—also supports near-term sales momentum. Apple’s Fall Product Cycle Could Support Revenue Growth
• Positive Sentiment: Apple is expanding its ecosystem beyond the iPhone. Health-focused Apple Watch features, including a health-age metric and Readiness score, could help defend its wearables lead, while a planned October 13 smart-home event may introduce a new hub centered on Siri and Apple Intelligence. Apple Is Betting Improved Heart and Health Insights Will Boost Watch Sales
• Neutral Sentiment: Morgan Stanley lowered its Apple price target to $355 from $360 but retained an Overweight rating. Analysts cited higher memory and component costs and potential iPhone pricing pressure, which largely offset the benefit from stronger product revenue. Morgan Stanley Adjusts Price Target on Apple
• Negative Sentiment: A jury ordered Apple to pay $5.7 billion over Taptic Engine patent claims, raising concerns about additional royalties and pressure on hardware margins. The company also faces a UK marketplace class action. Apple’s $5.7 Billion Patent Verdict Raises a Bigger Royalty Question
• Negative Sentiment: Investors remain concerned that AI agents such as Meta’s Muse could bypass Apple’s App Store and weaken its high-margin services ecosystem. Analysts said Apple’s product roadmap is attractive but lacks a clear catalyst after its recent rally. Apple Stock’s Upside May Be Limited as AI Agents Could Disrupt Business
• Negative Sentiment: Apple SVP Jennifer Newstead sold 2,399 shares worth approximately $806,496, reducing her holdings by 5.4%. The sale is relatively small compared with her remaining stake but adds modest insider-selling pressure. Apple Insider Transaction Filing

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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