Cedar Wealth Management LLC Buys 2,347 Shares of Apple Inc. $AAPL

Key Points

• Cedar Wealth Management LLC raised its stake in Apple by 30.2%, buying 2,347 shares to hold 10,107 shares worth $2.574 million, making AAPL about 0.8% of its portfolio and its 19th largest holding.
• Apple beat earnings expectations with $2.84 EPS vs. $2.67 expected and $143.76B in revenue (up 15.7%), has a $3.75T market cap and a $1.04 annualized dividend (0.4% yield), and carries a consensus analyst rating of "Moderate Buy" with a $297.58 target.
• Outlook is mixed: positives include the $599 MacBook Neo launch and India manufacturing incentives, while negatives include China shipment weakness, supplier cost pressures and concerns about valuation/no near‑term catalyst.

Cedar Wealth Management LLC boosted its stake in Apple Inc. (NASDAQ:AAPL - Free Report) by 30.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,107 shares of the iPhone maker's stock after purchasing an additional 2,347 shares during the quarter. Apple comprises approximately 0.8% of Cedar Wealth Management LLC's portfolio, making the stock its 19th biggest holding. Cedar Wealth Management LLC's holdings in Apple were worth $2,574,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Isthmus Partners LLC lifted its holdings in shares of Apple by 6.4% during the 3rd quarter. Isthmus Partners LLC now owns 97,177 shares of the iPhone maker's stock worth $25,000 after acquiring an additional 5,808 shares during the last quarter. Sellwood Investment Partners LLC increased its stake in Apple by 110.9% in the third quarter. Sellwood Investment Partners LLC now owns 135 shares of the iPhone maker's stock valued at $34,000 after acquiring an additional 71 shares during the last quarter. ROSS JOHNSON & Associates LLC increased its stake in Apple by 1,800.0% in the first quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker's stock valued at $42,000 after acquiring an additional 180 shares during the last quarter. Nexus Investment Management ULC raised its position in Apple by 333.3% during the second quarter. Nexus Investment Management ULC now owns 260 shares of the iPhone maker's stock valued at $53,000 after purchasing an additional 200 shares in the last quarter. Finally, LSV Asset Management purchased a new stake in Apple during the fourth quarter valued at about $65,000. 67.73% of the stock is currently owned by institutional investors.

Key Apple News

Here are the key news stories impacting Apple this week:

• Positive Sentiment: MacBook Neo launch — Apple unveiled the $599 MacBook Neo aimed at education and budget buyers; reviewers (including MKBHD) praise it as highly disruptive, which could expand unit volumes and market share. Article Title
• Positive Sentiment: Analysts expect meaningful initial units — Some research notes forecast 4–5 million MacBook Neo shipments this year, suggesting upside to Mac revenue if adoption meets expectations. Article Title
• Positive Sentiment: India manufacturing incentives — New Indian incentives to boost local phone production support Apple’s ongoing shift of iPhone assembly to India, reducing China concentration risk and potentially lowering tariff exposure. Article Title
• Neutral Sentiment: Buyback and cash flow support — Coverage highlights a large share‑repurchase (reported $24B) and strong free cash flow that help support the stock through market volatility, but these are longer‑term cushions rather than immediate catalysts. Article Title
• Neutral Sentiment: Short‑interest data appears noisy — Reports show a large "increase" in short interest but the underlying data is zero/NaN, indicating a likely reporting glitch rather than a substantive change in bearish positioning.
• Negative Sentiment: China shipment weakness — UBS reiterated a Hold citing sharp declines in iPhone shipments in China, a direct hit to growth expectations for Apple’s largest hardware category. Article Title
• Negative Sentiment: Supplier cost pressure — Samsung Display’s CEO warned that higher oil and chip prices (and related supply‑cost inflation) could increase component costs for phones and laptops, pressuring margins industrywide. Article Title
• Negative Sentiment: Valuation and "no catalyst" views — Coverage notes AAPL trades at a premium P/E versus peers and some analysts say there's no near‑term catalyst to justify further multiple expansion, leaving the stock vulnerable to broader market weakness. Article Title

Apple Stock Down 1.9%

AAPL opened at $255.76 on Friday. Apple Inc. has a 12 month low of $169.21 and a 12 month high of $288.62. The company has a current ratio of 0.97, a quick ratio of 0.94 and a debt-to-equity ratio of 0.87. The business's 50-day moving average price is $262.49 and its 200-day moving average price is $261.14. The company has a market cap of $3.75 trillion, a P/E ratio of 32.33, a P/E/G ratio of 2.33 and a beta of 1.10.

Apple (NASDAQ:AAPL - Get Free Report) last issued its earnings results on Thursday, January 29th. The iPhone maker reported $2.84 earnings per share for the quarter, beating the consensus estimate of $2.67 by $0.17. Apple had a return on equity of 159.94% and a net margin of 27.04%.The company had revenue of $143.76 billion during the quarter, compared to analysts' expectations of $138.25 billion. During the same period in the prior year, the business posted $2.40 EPS. Apple's quarterly revenue was up 15.7% compared to the same quarter last year. On average, equities analysts expect that Apple Inc. will post 7.28 EPS for the current year.

Apple Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, February 12th. Stockholders of record on Monday, February 9th were issued a $0.26 dividend. The ex-dividend date was Monday, February 9th. This represents a $1.04 annualized dividend and a dividend yield of 0.4%. Apple's dividend payout ratio (DPR) is currently 13.15%.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on AAPL. Maxim Group upgraded Apple from a "hold" rating to a "buy" rating and set a $300.00 price objective for the company in a report on Friday, January 30th. Monness Crespi & Hardt raised their price objective on Apple from $300.00 to $315.00 and gave the company a "buy" rating in a report on Friday, January 30th. JPMorgan Chase & Co. boosted their target price on Apple from $315.00 to $325.00 and gave the stock an "overweight" rating in a research report on Friday, January 30th. Rosenblatt Securities upped their target price on Apple from $267.00 to $268.00 and gave the stock a "neutral" rating in a research note on Thursday, March 5th. Finally, The Goldman Sachs Group reaffirmed a "buy" rating on shares of Apple in a research note on Monday, March 2nd. One research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $297.58.

Apple 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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