Compass Wealth Management LLC Invests $3.17 Million in Apple Inc. $AAPL

Key Points

• Compass Wealth Management acquired 10,970 Apple shares worth approximately $3.17 million in the second quarter. Institutional investors collectively own 67.73% of Apple.
• Analysts maintain a generally positive outlook, with Apple holding a “Moderate Buy” consensus rating and an average price target of $340.14; recent targets range as high as $380.
• Apple reported quarterly EPS of $2.02 and revenue of $109.42 billion, exceeding estimates, while paying a quarterly dividend of $0.27 per share.

Compass Wealth Management LLC acquired a new position in shares of Apple Inc. (NASDAQ:AAPL - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 10,970 shares of the iPhone maker's stock, valued at approximately $3,174,000.

Several other institutional investors also recently added to or reduced their stakes in the business. Prospect Hill Management LLC purchased a new stake in Apple in the 2nd quarter valued at $146,370,000. Focus Partners Advisor Solutions LLC purchased a new position in Apple during the 2nd quarter worth $168,646,000. Wealthfront Advisers LLC acquired a new position in Apple in the second quarter valued at $482,388,000. Baron Silver Stevens Financial Advisors LLC increased its stake in Apple by 65.6% in the second quarter. Baron Silver Stevens Financial Advisors LLC now owns 66,717 shares of the iPhone maker's stock valued at $19,305,000 after purchasing an additional 26,418 shares during the period. Finally, Rainier Family Wealth Inc. raised its holdings in shares of Apple by 14.1% in the first quarter. Rainier Family Wealth Inc. now owns 24,386 shares of the iPhone maker's stock valued at $6,189,000 after buying an additional 3,014 shares during the last quarter. 67.73% of the stock is owned by institutional investors.

Insider Transactions at Apple

In other Apple news, SVP Jennifer Newstead sold 1,439 shares of the company's stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $317.01, for a total value of $456,177.39. Following the completion of the transaction, the senior vice president owned 35,790 shares in the company, valued at approximately $11,345,787.90. This represents a 3.87% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Over the last ninety days, insiders have sold 8,632 shares of company stock worth $2,719,955. Insiders own 0.06% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on AAPL. Oppenheimer reaffirmed a "market perform" rating on shares of Apple in a research report on Thursday, September 10th. Robert W. Baird boosted their price target on shares of Apple from $310.00 to $330.00 and gave the stock an "outperform" rating in a research note on Friday, July 24th. Argus increased their price objective on Apple from $325.00 to $375.00 in a research report on Monday, June 8th. BTIG Research started coverage on Apple in a report on Monday, August 17th. They set a "neutral" rating for the company. Finally, KGI Securities downgraded Apple from an "outperform" rating to a "hold" rating and set a $315.00 price objective for the company. in a research report on Monday, June 22nd. One analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, thirteen have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Apple presently has an average rating of "Moderate Buy" and a consensus price target of $340.14.

Key Headlines Impacting Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Evercore ISI raised its Apple price target to $380 from $365 and maintained an outperform view. A survey of roughly 4,000 consumers indicated a potentially stronger-than-expected iPhone upgrade cycle and a higher average selling price. iPhone 18 Pro Hits Stores Today
• Positive Sentiment: iPhone 18 Pro sales are supported by carrier trade-in promotions. Bank of America said incentives can offset the $100 price increase, reducing the risk that higher prices will weaken demand. Apple’s iPhone 18 Lineup Keeps Bank of America Bullish
• Positive Sentiment: Apple’s ecosystem is gaining additional reach. General Motors plans to restore Apple CarPlay after consumer backlash, while Apple is reportedly preparing an Apple Pay launch in India with Axis Bank. These developments could support services engagement and ecosystem adoption. GM Is Re-downloading Apple CarPlay
• Neutral Sentiment: Initial iPhone 18 Pro demand indicators are mixed. Quick-commerce shortages in India suggest strong localized demand, but UBS cited muted wait times in several major markets. Investors are also assessing whether customers may delay purchases for Apple’s roughly $1,999 foldable iPhone Duo. Apple iPhone 18 Seeing Muted Initial Wait Times
• Negative Sentiment: Risks include premium pricing, valuation and regulatory pressure. Analysts warn that expensive devices could limit adoption in price-sensitive markets such as India. More than 1,600 Italian Apple store employees also struck on launch day, while Apple continues to challenge a potential UK encryption backdoor order and faces European legal scrutiny. Italian Apple Store Employees Strike

Apple Stock Performance

Shares of AAPL stock opened at $336.13 on Friday. The company has a quick ratio of 0.93, a current ratio of 1.00 and a debt-to-equity ratio of 0.66. The business has a 50 day moving average of $320.24 and a two-hundred day moving average of $294.69. Apple Inc. has a 52 week low of $240.21 and a 52 week high of $344.57. The company has a market cap of $4.91 trillion, a P/E ratio of 38.55, a PEG ratio of 2.93 and a beta of 1.08.

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

Apple Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 13th. Investors of record on Monday, August 10th were given a $0.27 dividend. The ex-dividend date was Monday, August 10th. This represents a $1.08 annualized dividend and a yield of 0.3%. Apple's dividend payout ratio (DPR) is currently 12.39%.

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.

Want to see what other hedge funds are holding AAPL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Apple Inc. (NASDAQ:AAPL - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.