Bcwm LLC Buys 29,257 Shares of Apple Inc. $AAPL

Key Points

• Bcwm LLC acquired 29,257 Apple shares worth approximately $8.5 million in the second quarter, making Apple 2.5% of its portfolio and its 19th-largest holding.
• Institutional investors own 67.73% of Apple, with major firms including Berkshire Hathaway and Legal & General initiating positions and others increasing their holdings.
• Analysts maintain a broadly positive outlook, with Apple receiving a consensus “Moderate Buy” rating and a $340.14 price target; the company also recently exceeded quarterly earnings and revenue expectations.

Bcwm LLC bought a new stake in shares of Apple Inc. (NASDAQ:AAPL - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 29,257 shares of the iPhone maker's stock, valued at approximately $8,466,000. Apple makes up about 2.5% of Bcwm LLC's portfolio, making the stock its 19th largest position.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Berkshire Hathaway Inc bought a new stake in shares of Apple in the 2nd quarter worth about $65,950,297,000. Legal & General Group Plc acquired a new position in Apple during the 2nd quarter valued at approximately $30,443,242,000. Nuveen LLC increased its holdings in shares of Apple by 3.8% in the 4th quarter. Nuveen LLC now owns 75,000,920 shares of the iPhone maker's stock worth $20,389,750,000 after acquiring an additional 2,725,121 shares during the period. Amundi raised its holdings in shares of Apple by 23.2% during the first quarter. Amundi now owns 73,082,616 shares of the iPhone maker's stock valued at $18,547,637,000 after buying an additional 13,780,080 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in Apple by 1.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 58,554,032 shares of the iPhone maker's stock worth $14,858,200,000 after acquiring an additional 979,832 shares during the period. Institutional investors own 67.73% of the company's stock.

Insider Transactions at Apple

In other Apple news, SVP Jennifer Newstead sold 2,399 shares of Apple stock in a transaction on Tuesday, September 22nd. The stock was sold at an average price of $340.06, for a total transaction of $815,803.94. Following the completion of the transaction, the senior vice president directly owned 44,391 shares of the company's stock, valued at approximately $15,095,603.46. This trade represents a 5.13% 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 link. Insiders sold 11,031 shares of company stock worth $3,535,759 in the last three months. Corporate insiders own 0.06% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on AAPL shares. HSBC reissued a "buy" rating and set a $366.00 target price on shares of Apple in a report on Tuesday, September 8th. Citic Securities boosted their price target on shares of Apple from $300.00 to $349.00 in a report on Thursday, August 6th. JPMorgan Chase & Co. reissued a "buy" rating on shares of Apple in a research note on Monday, September 21st. Weiss Ratings cut shares of Apple from a "buy (b)" rating to a "buy (b-)" rating in a report on Friday, September 18th. Finally, Jefferies Financial Group reissued an "underperform" rating on shares of Apple in a research report on Wednesday, September 9th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, thirteen have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Apple has a consensus rating of "Moderate Buy" and a consensus price target of $340.14.

Apple Price Performance

AAPL stock opened at $341.07 on Monday. Apple Inc. has a twelve month low of $243.42 and a twelve month high of $345.34. The company has a market cap of $4.98 trillion, a PE ratio of 39.11, a price-to-earnings-growth ratio of 2.96 and a beta of 1.08. The business's 50-day simple moving average is $321.56 and its 200 day simple moving average is $297.64. 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 released its quarterly earnings data on Thursday, July 30th. The iPhone maker reported $2.02 earnings per share (EPS) for the quarter, beating 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 business had revenue of $109.42 billion for the quarter, compared to analysts' expectations of $109.04 billion. During the same period in the previous year, the business posted $1.57 earnings per share. Apple's quarterly revenue was up 16.4% on a year-over-year basis. On average, research analysts anticipate that Apple Inc. will post 8.74 earnings per share for the current year.

Apple Dividend Announcement

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

Trending Headlines about Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: iPhone 18 demand remains encouraging. Long lines in India and strong interest in the iPhone 18 Pro and Pro Max suggest Apple’s premium pricing is holding up in an important growth market. Evercore ISI raised its price target to $380 from $365 while maintaining an outperform rating. Apple iPhone demand in India
• Positive Sentiment: Momentum and technical positioning remain supportive. AAPL has gained roughly 10% over the past month and is approaching a potential buy point, helping sustain investor interest. Bank of America and JPMorgan have reiterated bullish ratings, while several analysts maintain targets above the current trading range. Apple stock approaches buy point
• Neutral Sentiment: Apple is expanding its product ecosystem. The company plans a refreshed HomePod mini, while reports suggest it may develop its own AI server chips. These initiatives could support future ecosystem engagement and infrastructure efficiency, but they are not yet material earnings drivers. Apple to release new HomePod mini
• Negative Sentiment: Rising component costs could pressure margins. Bernstein warned that surging memory and other smartphone component costs may weigh on gross margins and earnings in the December quarter, particularly as Apple introduces more expensive iPhones. Apple’s expensive new iPhones and margins
• Negative Sentiment: Valuation and AI execution remain key risks. At nearly $5 trillion in market value and about 38–39 times earnings, Apple requires continued earnings growth to justify its valuation. Analysts argue Alphabet’s Gemini ecosystem and monetization progress currently give it an edge in consumer AI, while Meta’s AI devices add competitive pressure. Alphabet versus Apple in consumer AI
• Negative Sentiment: Legal and product issues add uncertainty. A judge certified a class of payment card issuers in an Apple Pay antitrust lawsuit alleging improper fees. Separately, Apple is preparing a software fix for an iPhone 18 Pro reboot problem. Apple Pay class-action lawsuit

Apple Profile

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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