Dunhill Financial LLC Makes New Investment in Apple Inc. $AAPL

Key Points

• Dunhill Financial LLC acquired 42,563 Apple shares worth approximately $12.3 million in the second quarter, making Apple about 2.5% of its portfolio and its eighth-largest holding.
• Institutional investors own 67.73% of Apple, while analysts maintain a consensus “Moderate Buy” rating with an average price target of $338.80.
• Apple reported quarterly earnings of $2.02 per share and revenue of $109.42 billion, exceeding estimates, with revenue up 16.4% year over year. The company also paid a quarterly dividend of $0.27 per share.

Dunhill Financial LLC bought a new position in Apple Inc. (NASDAQ:AAPL - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 42,563 shares of the iPhone maker's stock, valued at approximately $12,316,000. Apple makes up about 2.5% of Dunhill Financial LLC's portfolio, making the stock its 8th biggest position.

Other institutional investors have also made changes to their positions in the company. Longfellow Investment Management Co. LLC acquired a new position in Apple in the second quarter worth $30,000. Lifetime Wealth Management P.C. acquired a new stake in shares of Apple during the fourth quarter worth $41,000. Basso Capital Management L.P. bought a new position in shares of Apple in the 4th quarter worth about $88,000. Bard Associates Inc. bought a new position in shares of Apple in the 4th quarter worth about $109,000. Finally, MidAtlantic Capital Management Inc. acquired a new position in shares of Apple in the 4th quarter valued at about $187,000. 67.73% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on AAPL shares. Bank of America reaffirmed a "buy" rating and set a $370.00 price objective (down from $380.00) on shares of Apple in a research report on Thursday, September 10th. Oppenheimer reissued a "market perform" rating on shares of Apple in a report on Thursday, September 10th. UBS Group restated a "neutral" rating on shares of Apple in a research note on Thursday, September 10th. Needham & Company LLC reaffirmed a "hold" rating on shares of Apple in a report on Tuesday, September 8th. Finally, KGI Securities cut Apple from an "outperform" rating to a "hold" rating and set a $315.00 price target on the stock. in a research report on Monday, June 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, fourteen have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $338.80.

Apple Trading Up 0.3%

Shares of NASDAQ:AAPL opened at $332.41 on Thursday. 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 company's 50-day moving average price is $319.40 and its 200 day moving average price is $293.88. The company has a market cap of $4.85 trillion, a PE ratio of 38.12, a P/E/G ratio of 2.88 and a beta of 1.08. Apple Inc. has a fifty-two week low of $236.65 and a fifty-two week high of $344.57.

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

Apple Dividend Announcement

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

Insider Transactions at Apple

In related news, SVP Jennifer Newstead sold 1,439 shares of the firm's stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $317.01, for a total value of $456,177.39. Following the sale, the senior vice president directly owned 35,790 shares in the company, valued at $11,345,787.90. This trade represents a 3.87% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Over the last three months, insiders sold 7,194 shares of company stock valued at $2,245,142. Corporate insiders own 0.06% of the company's stock.

Apple News Summary

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Reports say Apple is developing enterprise AI servers using its upcoming M8 Ultra chips and is discussing NVIDIA’s NVLink networking technology. The project, potentially launching around 2029, could create a new hardware market, reduce reliance on third-party cloud providers, and help protect Services margins as AI usage grows. Apple Talks to Nvidia About NVLink for Its Own AI Server
• Positive Sentiment: The foldable iPhone Duo and higher-priced Pro models remain major catalysts for revenue and upgrade activity. TD Cowen reportedly set a $400 price target, while Citi survey data points to shorter smartphone replacement cycles and possible Apple market-share gains. Apple Stock Surges After Its Biggest Product Launch in Years
• Positive Sentiment: Analyst support remains favorable: JPMorgan reiterated its Buy rating, and Morgan Stanley is reportedly bullish on Apple’s new offerings. Apple’s Emmy success and continued ecosystem expansion also reinforce the long-term Services and brand story. Apple's Buy Rating Reiterated at JPMorgan
• Neutral Sentiment: The redesigned Siri and iOS 27 introduce broader AI capabilities, but the rollout is initially limited by beta labeling, language and regional restrictions, waitlists, and reports of slow response times. This makes the AI opportunity meaningful but its near-term financial impact uncertain. Apple Falls as Siri AI Arrives Behind a Beta Label
• Negative Sentiment: Analysts describe early iPhone 18 Pro and Pro Max preorders as lukewarm, potentially indicating that customers are delaying purchases for the foldable Duo. Weak Pro demand could pressure the current iPhone cycle if Duo demand does not offset it. iPhone 18 Pro Demand Is Already a Problem for Apple Stock
• Negative Sentiment: Investors are also monitoring slipping margins and an Indian consumer-regulator investigation into Apple’s software warranty and repair practices. Regulatory costs or changes to repair policies could weigh on cash flow and profitability. Indian Consumer Regulator Escalates Probe Into Apple’s Software Warranty Terms

Apple Company Profile

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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