Henrickson Nauta Wealth Advisors Inc. Buys 1,905 Shares of Apple Inc. $AAPL

Key Points

• Henrickson Nauta Wealth Advisors increased its Apple stake by 35.5% in the second quarter, buying 1,905 additional shares for a total of 7,267 shares valued at approximately $2.1 million.
• Institutional investors own approximately 67.73% of Apple, with several major funds—including Berkshire Hathaway, Bank of America and Legal & General—reporting substantial positions.
• Apple has a consensus “Moderate Buy” rating and an average price target of $340.02, but analysts cite premium valuation, higher memory costs and softer iPhone pricing as risks; insiders also sold shares valued at roughly $92.9 million during the last quarter.

Henrickson Nauta Wealth Advisors Inc. boosted its stake in shares of Apple Inc. (NASDAQ:AAPL - Free Report) by 35.5% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 7,267 shares of the iPhone maker's stock after acquiring an additional 1,905 shares during the quarter. Apple makes up approximately 0.5% of Henrickson Nauta Wealth Advisors Inc.'s holdings, making the stock its 21st biggest holding. Henrickson Nauta Wealth Advisors Inc.'s holdings in Apple were worth $2,103,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Berkshire Hathaway Inc bought a new position in Apple in the 2nd quarter worth approximately $65,950,297,000. Bank of America Corp DE bought a new position in Apple in the 2nd quarter valued at $36,986,090,000. Legal & General Group Plc acquired a new position in shares of Apple during the second quarter valued at $30,443,242,000. Nuveen LLC lifted its stake in shares of Apple by 3.8% during the fourth quarter. Nuveen LLC now owns 75,000,920 shares of the iPhone maker's stock valued at $20,389,750,000 after acquiring an additional 2,725,121 shares during the period. Finally, Amundi boosted its holdings in 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 acquiring an additional 13,780,080 shares during the last quarter. Institutional investors and hedge funds own 67.73% of the company's stock.

More Apple News

Here are the key news stories impacting Apple this week:

• Positive Sentiment: AI monetization opportunity: Analyst Dan Ives said Apple could become a “toll collector” for consumer AI by leveraging more than 2.5 billion active devices and its Services ecosystem. He sees the opportunity adding as much as $75 per share to Apple’s valuation. Apple Could Be the Toll Collector of Consumer AI
• Positive Sentiment: Smart-home expansion: Apple is expected to unveil new connected-home products, potentially including a doorbell, thermostat, lock and other accessories developed with LG Electronics, at its October 13 “Welcome Home” event. The initiative could broaden Apple’s hardware and Services opportunity while strengthening HomeKit against Amazon and Google. Apple Smart Home Push
• Positive Sentiment: M&A leadership change: Apple appointed veteran insider Steve Smith as head of mergers and acquisitions, replacing Adrian Perica, who is moving to the Services division. Investors may view the change as support for a more active acquisition strategy and tighter alignment between dealmaking and Services growth. Apple Names Steve Smith New M&A Chief
• Positive Sentiment: Tokenized-stock exposure: Securitize launched tokenized versions of Apple and 11 other major U.S. stocks on Solana. The offering could increase visibility for Apple’s shares and reflects broader demand for digital access to large-cap equities, although the direct financial effect on Apple is limited. Securitize Launches Tokenized U.S. Equities
• Neutral Sentiment: Management is pursuing faster execution: CEO John Ternus is reportedly considering more frequent product releases and fewer management layers. The changes could improve innovation, but commentary also highlights that Siri and Apple’s AI execution remain areas where investors want faster progress. Apple Is Speeding Up, Siri Isn’t
• Negative Sentiment: Valuation and margin risks: Apple trades at a premium earnings multiple after a strong year-to-date advance. Morgan Stanley lowered its price target to $355 despite raising revenue estimates, citing softer iPhone pricing and higher memory-chip costs. Bank of America also warned that Meta’s AI developments could challenge Apple’s Services ecosystem. Morgan Stanley Is Bullish on Apple With a Catch
• Negative Sentiment: Insider selling and concentration concerns: Senior Vice President Jennifer Newstead sold 2,399 shares, a relatively small transaction that may nevertheless add to investor caution. Separately, Apple’s huge weighting in the S&P 500 leaves index investors vulnerable if the stock or other mega-cap technology shares retreat. Apple Insider Transaction Filing

Insiders Place Their Bets

In other news, SVP Jennifer Newstead sold 2,399 shares of the stock in a transaction on Tuesday, October 6th. The shares were sold at an average price of $332.01, for a total transaction of $796,491.99. Following the completion of the sale, the senior vice president owned 39,593 shares of the company's stock, valued at $13,145,271.93. This represents a 5.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Deirdre O'brien sold 46,389 shares of the firm's stock in a transaction on Friday, October 2nd. The stock was sold at an average price of $333.42, for a total transaction of $15,467,020.38. Following the sale, the senior vice president owned 136,810 shares in the company, valued at approximately $45,615,190.20. The trade was a 25.32% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 279,383 shares of company stock valued at $92,912,517 in the last quarter. 0.06% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Jefferies Financial Group reiterated an "underperform" rating on shares of Apple in a research report on Wednesday, September 9th. The Goldman Sachs Group started coverage on shares of Apple in a research note on Monday, August 17th. They issued a "buy" rating on the stock. Sanford C. Bernstein reaffirmed an "outperform" rating on shares of Apple in a report on Friday, September 25th. Robert W. Baird upped their target price on shares of Apple from $310.00 to $330.00 and gave the company an "outperform" rating in a research report on Friday, July 24th. Finally, Maxim Group increased their price target on Apple from $350.00 to $380.00 and gave the company a "buy" rating in a research note on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, fourteen have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, Apple has a consensus rating of "Moderate Buy" and a consensus target price of $340.02.

Apple Trading Up 1.1%

Shares of NASDAQ AAPL opened at $340.42 on Friday. The stock has a market cap of $4.97 trillion, a price-to-earnings ratio of 39.04, a P/E/G ratio of 2.68 and a beta of 1.07. Apple Inc. has a twelve month low of $243.42 and a twelve month high of $345.34. 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 fifty day moving average is $322.06 and its 200-day moving average is $302.76.

Apple (NASDAQ:AAPL - Get Free Report) last posted its earnings results on Thursday, July 30th. The iPhone maker reported $2.02 earnings per share for the quarter, topping 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 firm had revenue of $109.42 billion for the quarter, compared to analyst estimates of $109.04 billion. During the same period in the previous year, the company posted $1.57 earnings per share. The company's revenue for the quarter was up 16.4% on a year-over-year basis. Equities research analysts predict that Apple Inc. will post 8.75 EPS 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 given a $0.27 dividend. The ex-dividend date was Monday, August 10th. This represents a $1.08 annualized dividend and a dividend yield of 0.3%. Apple's payout ratio is currently 12.39%.

Apple Profile

Apple Inc is a technology company that designs, develops and markets consumer electronics, software and digital services. Its best-known products include the iPhone smartphone, Mac personal computers, iPad tablets, Apple Watch, AirPods and other accessories. The company also develops operating systems and software platforms, including iOS, macOS, iPadOS, watchOS and visionOS.

Apple's services business includes the App Store, Apple Music, Apple TV+, Apple Arcade, Apple News+, Apple Fitness+ and iCloud.

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