Greenbrier Partners Capital Management LLC Takes $288.26 Million Position in Apple Inc. $AAPL

Key Points

• Greenbrier Partners Capital Management initiated a $288.26 million Apple position by purchasing 996,183 shares, making Apple its largest holding at 21.6% of its portfolio.
• Institutional investors own 67.73% of Apple, with several major firms—including Nuveen, Amundi and Dimensional Fund Advisors—recently increasing their stakes.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and a $340.14 price target. Apple also exceeded quarterly earnings and revenue estimates, reporting $2.02 in EPS and $109.42 billion in revenue.

Greenbrier Partners Capital Management LLC purchased a new position in shares of Apple Inc. (NASDAQ:AAPL - Free Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund purchased 996,183 shares of the iPhone maker's stock, valued at approximately $288,256,000. Apple accounts for approximately 21.6% of Greenbrier Partners Capital Management LLC's holdings, making the stock its biggest position.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Nuveen LLC increased its stake in Apple by 3.8% in the 4th quarter. Nuveen LLC now owns 75,000,920 shares of the iPhone maker's stock valued at $20,389,750,000 after buying an additional 2,725,121 shares during the last quarter. Amundi raised its position in shares of Apple by 23.2% in the first quarter. Amundi now owns 73,082,616 shares of the iPhone maker's stock valued at $18,547,637,000 after purchasing an additional 13,780,080 shares during the period. Dimensional Fund Advisors LP lifted its position in Apple by 1.7% during the first quarter. Dimensional Fund Advisors LP now owns 58,554,032 shares of the iPhone maker's stock worth $14,858,200,000 after acquiring an additional 979,832 shares during the last quarter. Fisher Asset Management LLC grew its holdings in Apple by 1.3% in the 4th quarter. Fisher Asset Management LLC now owns 55,146,752 shares of the iPhone maker's stock valued at $14,992,196,000 after buying an additional 704,293 shares in the last quarter. Finally, Deutsche Bank AG bought a new position in Apple during the second quarter worth about $13,658,359,000. Institutional investors own 67.73% of the company's stock.

Insider Buying and Selling

In related news, SVP Jennifer Newstead sold 1,439 shares of Apple stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $317.01, for a total value of $456,177.39. Following the transaction, the senior vice president owned 35,790 shares in the company, valued at $11,345,787.90. This trade represents a 3.87% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold 8,632 shares of company stock worth $2,719,955 in the last quarter. 0.06% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several research firms have commented on AAPL. Raymond James Financial reissued a "market perform" rating on shares of Apple in a report on Friday, July 31st. CICC Research boosted their price target on Apple from $310.00 to $340.00 and gave the stock an "outperform" rating in a report on Tuesday, August 4th. Morgan Stanley restated an "overweight" rating and issued a $360.00 price objective on shares of Apple in a report on Wednesday, September 2nd. Citic Securities raised their price target on shares of Apple from $300.00 to $349.00 in a report on Thursday, August 6th. Finally, Jefferies Financial Group reissued an "underperform" rating on shares of Apple in a research note on Wednesday, September 9th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, thirteen have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, Apple currently has a consensus rating of "Moderate Buy" and a consensus price target of $340.14.

More Apple News

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Bank of America reaffirmed its Buy rating and assigned a $370 price target, implying further upside. The firm highlighted improving iPhone 18 Pro Max availability trends, while premium demand remains relatively resilient. BofA Sends Stark Message to Apple Stock Investors on iPhone 18
• Positive Sentiment: Apple’s new M6 Mac mini and M5 Mac Studio are being marketed as lower-cost alternatives to cloud-based AI infrastructure, potentially expanding Apple’s enterprise opportunity. Their ability to run large AI models locally could create a new hardware growth driver. With new Macs, Apple aims to take on Microsoft and Nvidia
• Positive Sentiment: Reports that Apple is developing a screenless fitness tracker to compete with Whoop and Oura point to potential long-term expansion in health and wearables, although a launch may not occur until 2028. Apple could take on Whoop with a new fitness tracker

Apple Stock Down 0.8%

Apple stock opened at $337.02 on Thursday. The firm has a 50 day moving average price of $321.36 and a 200-day moving average price of $296.51. Apple Inc. has a twelve month low of $243.42 and a twelve month high of $345.34. The company has a market capitalization of $4.92 trillion, a P/E ratio of 38.65, a P/E/G ratio of 2.95 and a beta of 1.08. The company has a quick ratio of 0.93, a current ratio of 1.00 and a debt-to-equity ratio of 0.66.

Apple (NASDAQ:AAPL - Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The iPhone maker reported $2.02 earnings per share (EPS) for the quarter, beating 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 company had revenue of $109.42 billion for the quarter, compared to analyst estimates of $109.04 billion. During the same quarter in the previous year, the firm posted $1.57 earnings per share. The company's quarterly revenue was up 16.4% compared to the same quarter last year. As a group, equities analysts predict that Apple Inc. will post 8.74 EPS for the current year.

Apple Announces Dividend

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

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