Deutsche Bank AG Invests $13.66 Billion in Apple Inc. $AAPL

Key Points

• Deutsche Bank acquired 47.2 million Apple shares worth approximately $13.66 billion in the second quarter, making Apple 4% of its portfolio and its second-largest holding.
• Institutional investors collectively own 67.73% of Apple, while analyst sentiment remains broadly positive: the stock carries a “Moderate Buy” consensus rating and an average price target of $338.80.
• Apple reported quarterly earnings of $2.02 per share and revenue of $109.42 billion, up 16.4% year over year, and recently maintained a quarterly dividend of $0.27 per share.

Deutsche Bank AG acquired a new position in Apple Inc. (NASDAQ:AAPL - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 47,201,961 shares of the iPhone maker's stock, valued at approximately $13,658,359,000. Apple comprises 4.0% of Deutsche Bank AG's investment portfolio, making the stock its 2nd largest holding. Deutsche Bank AG owned approximately 0.32% of Apple as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of AAPL. Perigon Wealth Management LLC bought a new stake in Apple during the second quarter valued at approximately $328,962,000. Commerzbank Aktiengesellschaft FI bought a new position in shares of Apple in the 2nd quarter worth $283,323,000. Professional Financial Solutions LLC ADV bought a new position in shares of Apple in the 2nd quarter worth $1,769,000. Oak Barrel Wealth Advisory LLC purchased a new stake in shares of Apple during the 2nd quarter valued at $4,911,000. Finally, Pursue Wealth Partners LLC purchased a new stake in shares of Apple during the 2nd quarter valued at $4,524,000. 67.73% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

AAPL has been the subject of several research reports. The Goldman Sachs Group assumed coverage on shares of Apple in a research report on Monday, August 17th. They issued a "buy" rating for the company. UBS Group reaffirmed a "neutral" rating on shares of Apple in a research note on Thursday, September 10th. Jefferies Financial Group reaffirmed an "underperform" rating on shares of Apple in a research note on Wednesday, September 9th. Barclays reiterated an "underweight" rating and issued a $245.00 price objective (down from $253.00) on shares of Apple in a report on Friday, July 31st. Finally, Argus increased their price objective on Apple from $325.00 to $375.00 in a research report on Monday, June 8th. One research analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, fourteen have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Apple currently has an average rating of "Moderate Buy" and a consensus target price of $338.80.

Apple Stock Down 0.5%

AAPL opened at $331.34 on Wednesday. Apple Inc. has a 12 month low of $236.32 and a 12 month high of $344.57. The company has a current ratio of 1.00, a quick ratio of 0.93 and a debt-to-equity ratio of 0.66. The business's 50-day moving average price is $319.02 and its 200-day moving average price is $293.47. The company has a market cap of $4.84 trillion, a P/E ratio of 38.00, a P/E/G ratio of 2.89 and a beta of 1.08.

Apple (NASDAQ:AAPL - Get Free Report) last issued its earnings results on Thursday, July 30th. The iPhone maker reported $2.02 earnings per share for the quarter, beating 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 company had revenue of $109.42 billion during the quarter, compared to analysts' expectations of $109.04 billion. During the same period in the prior year, the business posted $1.57 EPS. Apple's quarterly revenue was up 16.4% compared to the same quarter last year. On average, equities analysts expect that Apple Inc. will post 8.74 EPS for the current year.

Apple Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 13th. Shareholders 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 payout ratio is presently 12.39%.

More Apple News

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple’s new iPhone Duo foldable is generating significant investor interest. Analysts and commentators including Jim Cramer and Gary Black believe demand could be substantial, while some coverage suggests the device could expand Apple’s addressable market and support a longer-term upgrade cycle. Jim Cramer on Apple foldable demand
• Positive Sentiment: Several analysts remain bullish. Bank of America reiterated a Buy rating with a $370 price target, JPMorgan reaffirmed its Buy rating, and Morgan Stanley reportedly increased its conviction as Apple’s hardware and AI offerings become more compelling. Bank of America Apple rating
• Positive Sentiment: Apple had a record Emmy performance, taking home the most awards and strengthening Apple TV+’s position in streaming. The recognition could support customer engagement and Apple’s services strategy, although the direct financial effect is difficult to quantify. Apple Emmy coverage
• Neutral Sentiment: Early iPhone 18 Pro delivery times are shorter than last year’s, producing mixed interpretations: they may indicate softer demand, or consumers may be waiting for the foldable Duo. Apple’s stock is also roughly 4% below its recent high, limiting the margin for disappointment.
• Negative Sentiment: Reports describe iPhone 18 Pro demand as lukewarm, with shorter lead times and some indications of surprisingly weak preorders. Investors are concerned that the standard premium iPhone cycle may not justify Apple’s valuation. Apple iPhone 18 Pro demand
• Negative Sentiment: The redesigned Siri is launching under a beta label with language, regional, device and waitlist restrictions. Reported usage caps and response times of five to 15 seconds could delay the expected AI-driven upgrade cycle. Apple Siri AI rollout
• Negative Sentiment: India’s consumer regulator escalated an investigation into Apple’s software warranty terms and repair costs, creating potential regulatory, reputational and financial risk in an important growth market. India investigation into Apple

Insider Buying and Selling at Apple

In other news, SVP Jennifer Newstead sold 1,438 shares of the stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $317.23, for a total transaction of $456,176.74. Following the completion of the sale, the senior vice president owned 34,352 shares of the company's stock, valued at approximately $10,897,484.96. This represents a 4.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders sold a total of 7,194 shares of company stock worth $2,245,142 over the last ninety days. Corporate insiders own 0.06% of the company's stock.

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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