Caxton Associates LLP Has $131.36 Million Holdings in Apple Inc. $AAPL

Key Points

• Caxton Associates more than doubled its Apple stake by 123% in the first quarter, adding 285,529 shares to own 517,598 shares worth approximately $131.36 million. Apple now represents about 3% of the fund’s portfolio and is its seventh-largest holding.
• Apple recently exceeded quarterly expectations, reporting $2.02 in EPS and $109.42 billion in revenue, with revenue up 16.4% year over year. The company also declared a quarterly dividend of $0.27 per share.
• Analyst sentiment remains broadly positive, with a “Moderate Buy” consensus and an average price target of $330.44, although concerns include Apple’s elevated valuation, rising costs, slower Services growth and increasing competition in emerging hardware markets.

Caxton Associates LLP grew its holdings in shares of Apple Inc. (NASDAQ:AAPL - Free Report) by 123.0% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 517,598 shares of the iPhone maker's stock after purchasing an additional 285,529 shares during the quarter. Apple makes up approximately 3.0% of Caxton Associates LLP's holdings, making the stock its 7th biggest position. Caxton Associates LLP's holdings in Apple were worth $131,361,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. JMG Financial Group Ltd. lifted its position in shares of Apple by 0.7% during the 1st quarter. JMG Financial Group Ltd. now owns 5,102 shares of the iPhone maker's stock valued at $1,295,000 after buying an additional 35 shares in the last quarter. Reyes Financial Architecture Inc. increased its holdings in Apple by 0.4% in the 3rd quarter. Reyes Financial Architecture Inc. now owns 9,898 shares of the iPhone maker's stock worth $2,520,000 after acquiring an additional 37 shares in the last quarter. Interactive Financial Advisors Inc. raised its stake in Apple by 4.0% during the 4th quarter. Interactive Financial Advisors Inc. now owns 1,051 shares of the iPhone maker's stock worth $286,000 after acquiring an additional 40 shares during the period. Sugar Maple Asset Management LLC raised its stake in Apple by 2.0% during the 1st quarter. Sugar Maple Asset Management LLC now owns 2,029 shares of the iPhone maker's stock worth $515,000 after acquiring an additional 40 shares during the period. Finally, Orion Investment Co lifted its holdings in Apple by 0.3% during the fourth quarter. Orion Investment Co now owns 14,354 shares of the iPhone maker's stock valued at $3,902,000 after purchasing an additional 41 shares in the last quarter. Hedge funds and other institutional investors own 67.73% of the company's stock.

Trending Headlines about Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Planned CEO transition appears orderly. Tim Cook will step down in September and be succeeded by longtime Apple executive John Ternus, a veteran with experience dating back to the Steve Jobs era. Cook’s endorsement and Ternus’ familiarity with Apple’s products may reduce concerns about strategic disruption. Tim Cook Says There’s ‘No Better Person’ to Take Over at Apple
• Positive Sentiment: Core business momentum remains strong. Apple’s latest quarter exceeded earnings and revenue expectations, with revenue up roughly 16% year over year. Broad iPhone, Mac and Services demand continues to support the bullish case. Tim Cook's Last Quarter as CEO Was Apple's Best June Quarter Ever
• Positive Sentiment: App Store monetization is holding up. App Store revenue increased slightly despite a 4% decline in iPhone and iPad downloads, as revenue per download rose 4.7%. This suggests continued pricing and engagement resilience in a key Services business. Apple App Store Revenue Ticks Up Despite Falling Downloads
• Neutral Sentiment: OpenAI is seeking dismissal of Apple’s trade-secrets lawsuit. OpenAI denies misappropriating confidential information related to Apple’s consumer-hardware efforts. The filing does not resolve the dispute, leaving legal and competitive uncertainty in place. OpenAI Seeks Dismissal of Apple's Trade Secrets Lawsuit
• Negative Sentiment: Near-term cost and growth pressures are weighing on sentiment. Rising memory prices, supply constraints and policy risks could pressure margins, while slower Services growth has prompted some firms to downgrade Apple to Hold or Moderate Sell. Apple's Capex Strategy Worked But Other Pressures Are Mounting
• Negative Sentiment: Competition in emerging hardware is increasing. Samsung reported a 30% rise in foldable-device preorders, highlighting a market Apple has yet to enter. Investors may view future Apple foldables as an opportunity, but execution and timing remain uncertain. Samsung Foldable Preorders Jump 30%

Insider Buying and Selling at Apple

In other Apple news, insider Ben Borders sold 116 shares of the business's stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $295.14, for a total value of $34,236.24. Following the completion of the transaction, the insider directly owned 38,713 shares in the company, valued at approximately $11,425,754.82. The trade was a 0.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 0.06% of the stock is owned by company insiders.

Apple Stock Up 0.3%

Shares of NASDAQ:AAPL opened at $313.33 on Friday. The firm has a market capitalization of $4.57 trillion, a PE ratio of 35.93, a price-to-earnings-growth ratio of 2.69 and a beta of 1.09. The business has a 50 day simple moving average of $309.45 and a two-hundred day simple moving average of $283.23. Apple Inc. has a 1 year low of $219.25 and a 1 year high of $344.57. 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 for the quarter, topping the consensus estimate of $1.89 by $0.13. Apple had a return on equity of 135.46% and a net margin of 27.62%.The firm had revenue of $109.42 billion for the quarter, compared to the consensus estimate of $109.04 billion. During the same period in the prior year, the business posted $1.57 earnings per share. The company's revenue for the quarter was up 16.4% on a year-over-year basis. On average, equities analysts predict that Apple Inc. will post 8.76 EPS for the current year.

Apple Dividend Announcement

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

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on AAPL shares. Tigress Financial reiterated a "strong-buy" rating and issued a $375.00 price target (up from $305.00) on shares of Apple in a research note on Thursday, May 14th. Royal Bank Of Canada set a $365.00 price objective on Apple in a research report on Wednesday, July 15th. JPMorgan Chase & Co. cut their target price on Apple from $345.00 to $340.00 and set an "overweight" rating for the company in a research report on Friday, July 31st. The Goldman Sachs Group reissued a "buy" rating and issued a $360.00 price target (down from $370.00) on shares of Apple in a report on Friday, July 31st. Finally, DA Davidson restated a "neutral" rating and issued a $270.00 price target on shares of Apple in a research note on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, eleven have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $330.44.

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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