Berkshire Hathaway Inc Acquires 227,917,808 Shares of Apple Inc. $AAPL

Key Points

• Berkshire Hathaway acquired 227.9 million Apple shares valued at approximately $66 billion, making Apple its largest holding at 22% of the portfolio and representing a 1.56% stake in the company.
• Apple reported better-than-expected quarterly results, with EPS of $2.02 and revenue of $109.42 billion, while analysts maintain a “Moderate Buy” consensus and an average price target of $340.14.
• Despite strong iPhone demand and supportive institutional interest, Apple faces risks from its elevated valuation, rising component costs, AI competition, and ongoing legal and product issues.

Berkshire Hathaway Inc purchased a new position in shares of Apple Inc. (NASDAQ:AAPL - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 227,917,808 shares of the iPhone maker's stock, valued at approximately $65,950,297,000. Apple comprises 22.0% of Berkshire Hathaway Inc's investment portfolio, making the stock its largest holding. Berkshire Hathaway Inc owned 1.56% of Apple at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in AAPL. Prospect Hill Management LLC acquired a new stake in shares of Apple during the second quarter valued at about $146,370,000. Focus Partners Advisor Solutions LLC bought a new position in Apple in the 2nd quarter worth about $168,646,000. Wealthfront Advisers LLC acquired a new position in shares of Apple during the second quarter valued at $482,388,000. Satovsky Asset Management LLC bought a new stake in Apple during the second quarter worth approximately $16,064,000. Finally, Sterling Financial Planning Inc. acquired a new stake in Apple in the 2nd quarter valued at about $4,666,000. 67.73% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have commented on AAPL shares. Loop Capital set a $380.00 target price on shares of Apple in a report on Friday, September 18th. Citic Securities boosted their target price on shares of Apple from $300.00 to $349.00 in a research report on Thursday, August 6th. Robert W. Baird boosted their price target on Apple from $310.00 to $330.00 and gave the company an "outperform" rating in a research note on Friday, July 24th. UBS Group reissued a "buy" rating on shares of Apple in a report on Thursday, September 17th. Finally, Evercore set a $380.00 price objective on Apple and gave the stock an "outperform" rating in a research note on Friday, September 18th. One analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, thirteen have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $340.14.

Apple Stock Performance

Shares of Apple stock opened at $341.07 on Monday. Apple Inc. has a one year low of $243.42 and a one year high of $345.34. The stock's 50-day moving average is $321.56 and its 200-day moving average is $297.64. The firm has a market cap of $4.98 trillion, a price-to-earnings ratio of 39.11, a price-to-earnings-growth ratio of 2.96 and a beta of 1.08. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.00 and a quick ratio of 0.93.

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

Apple Announces Dividend

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

Insider Transactions at Apple

In other Apple news, SVP Jennifer Newstead sold 2,399 shares of the firm's stock in a transaction that occurred on Tuesday, September 22nd. The shares were sold at an average price of $340.06, for a total transaction of $815,803.94. Following the completion of the sale, the senior vice president directly owned 44,391 shares in the company, valued at $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 SEC, which is available at this hyperlink. Insiders have sold 11,031 shares of company stock worth $3,535,759 in the last three months. Company insiders own 0.06% of the company's stock.

More Apple News

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

About Apple

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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