Apple Inc. $AAPL Stock Holdings Boosted by Flputnam Investment Management Co.

Key Points

• Flputnam Investment Management increased its Apple stake by 13% in the second quarter, adding 120,655 shares to own 1.05 million shares worth approximately $302.5 million. Institutional investors collectively own 67.73% of Apple.
• Apple reported quarterly earnings and revenue above analyst expectations, while its fall product cycle and strong iPhone demand support sales momentum. Analysts maintain a broadly positive outlook, with a consensus “Moderate Buy” rating and a $340.02 price target.
• Potential risks include rising memory and component costs, a $5.7 billion patent verdict, possible pressure on the high-margin services business from AI agents, and modest insider selling by SVP Jennifer Newstead.

Flputnam Investment Management Co. raised its holdings in Apple Inc. (NASDAQ:AAPL - Free Report) by 13.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,045,570 shares of the iPhone maker's stock after purchasing an additional 120,655 shares during the period. Apple comprises 3.6% of Flputnam Investment Management Co.'s holdings, making the stock its 4th largest position. Flputnam Investment Management Co.'s holdings in Apple were worth $302,546,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in AAPL. Avenir Tech Ltd purchased a new stake in Apple in the 2nd quarter worth $29,000. Longfellow Investment Management Co. LLC acquired a new position in Apple during the second quarter worth $30,000. Lifetime Wealth Management P.C. purchased a new position in Apple during the fourth quarter valued at $41,000. ABS Investment Management LLC purchased a new position in Apple during the second quarter valued at $376,168,000. Finally, Basso Capital Management L.P. acquired a new stake in shares of Apple in the fourth quarter valued at about $88,000. 67.73% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, SVP Jennifer Newstead sold 2,399 shares of the stock in a transaction that occurred on Tuesday, September 29th. The shares were sold at an average price of $336.18, for a total value of $806,495.82. Following the completion of the sale, the senior vice president owned 41,992 shares of the company's stock, valued at $14,116,870.56. This represents a 5.40% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In the last quarter, insiders have sold 13,430 shares of company stock valued at $4,342,255. Insiders own 0.06% of the company's stock.

Trending Headlines about Apple

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

Analysts Set New Price Targets

Several research analysts recently weighed in on AAPL shares. Oppenheimer restated a "market perform" rating on shares of Apple in a research report on Thursday, September 10th. BTIG Research started coverage on Apple in a report on Monday, August 17th. They issued a "neutral" rating on the stock. TD Cowen reiterated a "buy" rating and set a $400.00 price objective on shares of Apple in a research note on Thursday, September 10th. UBS Group reissued a "buy" rating on shares of Apple in a report on Thursday, September 17th. Finally, Sanford C. Bernstein restated an "outperform" rating on shares of Apple in a research report on Friday, September 25th. 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. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $340.02.

Apple Price Performance

NASDAQ:AAPL opened at $330.32 on Friday. Apple Inc. has a one year low of $243.42 and a one year high of $345.34. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.93 and a current ratio of 1.00. The stock has a market cap of $4.82 trillion, a PE ratio of 37.88, a P/E/G ratio of 2.89 and a beta of 1.07. The stock has a 50 day moving average price of $322.14 and a 200 day moving average price of $299.78.

Apple (NASDAQ:AAPL - Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The iPhone maker reported $2.02 EPS for the quarter, topping analysts' consensus estimates of $1.89 by $0.13. The firm had revenue of $109.42 billion for the quarter, compared to the consensus estimate of $109.04 billion. Apple had a return on equity of 135.46% and a net margin of 27.62%.The firm's revenue was up 16.4% compared to the same quarter last year. During the same quarter last year, the business posted $1.57 earnings per share. Equities research analysts expect that Apple Inc. will post 8.74 EPS for the current fiscal year.

Apple Dividend Announcement

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

Apple 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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